How to negotiate, from your salary to your cable bill, according to 'Shark Tank's' Kevin O'Leary. via CNBCMakeIt
On ABC's"Shark Tank," Shark Kevin O'Leary is known as one of the toughest negotiators on the show, digging his heels in on deals he thinks are fair and fearlessly pushing for what he believes he deserves. And he's got some good advice on how you can negotiate for the things you want in your own life too, whether it's your salary or your cable bill.
While O'Leary says as an entrepreneur he's never asked for a raise —"The only person I've ever asked for a raise from is me, and I was very accommodating," he jokes — he's been on the other side of the table. First, arm yourself with the facts, says O'Leary. Research what other people are making at your level in your industry and sector. Understand what the highest and lowest salary is and then aim to get yourself in the top 25 percent of that range.
With something more simple, like your cable bill, play hardball for a better package or fewer fees. For example, if you are paying for channels you don't watch,"call up your provider and say, 'Tell me about your other packages, because if you don't give me a better deal, I'm leaving,'" O'Leary says."Believe me, they will hop to. They want to know what it's going to take to keep you as a customer, and you want a reduction in fees.
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