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My First Million

My First Million

The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.

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Solve the Problem, Don't Fight the Position

A negotiation approach that focuses on understanding the underlying needs and constraints of the other party rather than arguing against their stated positions

Decision Rule

When someone says 'we always do X', respond with 'help me understand what you're trying to protect against' instead of arguing against X

How It Works

Positions are often default responses that don't reflect actual needs. By understanding the underlying concern, you can often find creative solutions that meet both parties' core needs.

Failure Modes

Taking stated positions at face value without digging deeper

Arguing against policies instead of understanding their purpose

Not offering alternative solutions that address underlying concerns

Assuming the other party's constraints are immutable

Example Decision

Instead of arguing against a security deposit requirement, ask what risks the landlord is trying to mitigate, then offer corporate guarantees, longer lease terms, or other risk mitigation that achieves the same protection.