Persisting with prospects who are not fully committed, even if they meet some criteria, is a sacrifice of your integrity. Taking their money when you know you cannot deliver optimal results undermines your value and guarantees a poor outcome for both parties.

The founder’s 76-year-old partner, having been "screwed over" in past deals, acted out of extreme self-preservation. This past business trauma led him to prioritize his own financial security at all costs, even if it meant reneging on promises to his trusted partner.

When a salesperson has the courage to address a prospect's lack of commitment and shows they are willing to lose the deal, it shifts the power dynamic. This act of integrity signals high value, compelling the prospect to get serious and making factors like ROI secondary.

If a customer asks to push a signed deal past an agreed-upon deadline, don't say yes or no. Saying "I don't know if we can hold the price" creates productive uncertainty. This forces them to weigh the risk of losing their discount against the inconvenience of finding a way to sign on time, often leading them to solve the problem themselves.

When dealing with hard deadlines, saying "no" protects long-term credibility, which is more valuable than avoiding short-term discomfort. If you deliver the message clearly, early, and with empathy, it becomes an act of service that preserves the customer relationship.

In a negotiation standoff, demonstrating a credible, long-term willingness to walk away is the ultimate leverage. The artist played a 'six-year game of chicken' with his label. This extreme patience proved he wasn't bluffing, forcing the other side to concede and giving him control over his career.

In recurring business relationships, winning every last penny is a short-sighted victory. Intentionally allowing the other party to feel they received good value builds goodwill and a positive reputation, leading to better and more frequent opportunities in the future. It inoculates you against being price-gouged upfront.

Before investing time to create a perfect offer, secure a conditional commitment by asking, 'If I can deliver on these specific things we've discussed, do we have a deal?' This tactic prevents the prospect from backing out to 'think about it' and ensures your efforts are aligned with a committed buyer.

Ken Langone's negotiation principle is to let the other party feel they won more than they deserved. This isn't about getting less but about prioritizing long-term trust over maximizing a single transaction. This approach builds a reputation that attracts future opportunities and creates loyal partners.