People Principles

There are 21 principles that are relevant in certain business transactions. Today I will list eight of them. 1. Act like you're in a position of strength even when you're not. 2. Be able to walk away. 3. Hire an attorney that knows how to close big deals before you buy. This principle is critical when purchasing large pieces of commercial properties. 4. Always control the property. Examples of this are a letter of intent, option to buy, purchase agreement, patent right. 5. Read about the art of negotiating. 6. Always protect yourself -if people can do without you in a deal-they will! 7. Stick to your guns in your weakest moment. 8. Being lucky means being ready for an opportunity. All feed back is encouraged.