The Power of Negotiation Examples: Use '5 Minutes to a Higher Salary' to Guide Your Next Negotiation

There's nothing quite like receiving a glowing testimonial from a satisfied reader. And that's exactly what happened to me recently with my book, 5 Minutes to a Higher Salary.*

The reader who provided the testimonial was particularly impressed with the live examples included in the book. These examples really helped to bring the concepts to life and make them more understandable and applicable to real-world situations.

But what really stood out to this reader was how the book gave him more ways and power to negotiate his salary. Negotiating salary can be a daunting prospect for many people, but my book breaks it down into easy-to-understand steps that anyone can follow. And by doing so, it gives readers the tools and confidence they need to negotiate the salary they deserve.

Finally, the reader mentioned how my book corrected his understanding of negotiation in many places. This is something that I hear a lot from readers – they think they know how to negotiate, but once they read the book they realize they've been doing it wrong all along. By correcting these misconceptions, my book empowers readers to negotiate with confidence and achieve the best possible outcome.

I'm thrilled to have received such positive feedback on my book, and it's a testament to the hard work and dedication that went into creating it.

*In the latest 2nd edition, I renamed the book to 71 Brilliant Salary Negotiation Email Samples.

Famous Negotiation Example from Silicon Valley

Photo credit: Fumi Yamazaki

One of the most famous negotiation examples in Silicon Valley will absolutely blow your mind:

Evan Williams' buyback from Odeo's investors allowed him to own more of Twitter.

The clever part of the negotiation: how he positioned Twitter's potential (see bold).

Then, one day in September 2006, Odeo's CEO Evan Williams wrote a letter to Odeo's investors. In it, Williams told them that the company was going nowhere, that he felt bad about that, and that he would like to buy back their shares so they wouldn't take a loss.

In his letter to Odeo's investors, Williams wrote this about Twitter:

By the way, Twitter (Twitter), which you may have read about, is one of the pieces of value that I see in Odeo, but it's much too early to tell what's there. Almost two months after launch, Twitter has less than 5,000 registered users. I will continue to invest in Twitter, but it's hard to say it justifies the venture investment Odeo certainly holds -- especially since that investment was for a different market altogether.

Evan proposed buying back Odeo investors' stock, and, eventually, the investors agreed to the buyback. So Evan bought the company – and Twitter. The amount he paid has never been reported. Multiple investors, who had combined to put $5 million into Odeo, say Evan made them whole.

Five years later, assets of the company the original Odeo investors sold for approximately $5 million are now worth at least 1000X more: $5 billion.

Source: The Real History Of Twitter