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While the previous examples have all illustrated generosity by taking less than you normally do, this goal can also be accomplished by giving more than you are supposed to! The general point is that if the other person feels like he is getting a good deal, he’ll come back to you over and over again [...]

Here’s a real world case study regarding a deal WM Media was in last year, in which generosity would have been the better road to go. I’d written about it previously in Seven Mistakes In One Day. The Problem In the deal, we’d acquired a website but without the license, which we’d understood would come [...]

As I racked my brain, it occurs to me that this isn’t the first time the taking less than your fair share concept has been encountered! It had made its first appearance in a negotiations class that I took in college. The Negotiations Situation Imagine there are three research companies A, B, and C. Because [...]

Today, as I talked with my girlfriend, we came up with one of the most important concepts in my life that will probably make me happier and richer than anything else I’ve ever learned. I hope this idea is as inspiring to you as it was to me! A Situation To Test Your Generosity Imagine [...]

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