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Monthly Archives: JUNE 2012
JUN 25
By Chris Reich
I am deep into a study of game theory and finding many key applications to business. Here's something you might not have ever considered yet is absolutely crucial to your business. If you make a promise and there is no pain to you, the promise is hollow and your customer or prospect knows it. Pain to you? Aren't all of our transactions supposed to be win-win? Maybe not. Have you ever had the horrific experience of ... Read the Full Article (530) 467-5690
JUN 19
By Chris Reich
There is a dangerous assumption that most people make in business negotiations or transactions. This false assumption often leads to poor, sometimes disastrous, outcomes. What is it? Let's start by defining "transaction". As I use the word transaction in this context, I mean an interaction. This can be any interaction with anyone at a business. It can mean an interaction with someone inside or outside of your business. So then, any interaction in business is termed ... Read the Full Article (530) 467-5690
JUN 18
By Chris Reich
I saw this post from a friend and really liked it so I'm passing it on.... "" Oddly, this happened to me today: I spoke with a client today who has been "too ... Read the Full Article (530) 467-5690
JUN 18
By Chris Reich
Communication in business builds trust. When communication goes, trust follows. When trust goes, all hell breaks loose. A business with a lot of internal strife will suffers from poor communication. No one trusts anyone. Hard to reverse. Tools won't do it. It take people changes and people rarely change. Chris Reich TeachU (530) 467-5690
JUN 18
By Chris Reich
If you read in a business article that price is not the sole determinant of purchase, be very careful. I've made that statement myself but there a million traps in that thinking. The more similar product A is to Product B, the more price pressure will be on both sellers. The trick becomes trying to identify the utility that will tip the buyer into your camp. What other factor has value to the buyer other ... Read the Full Article (530) 467-5690
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