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Salary Negotiation System - 5 Mins to Higher Salary

Rishu Goel

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33 Videos (1h 25m)
    • 01 Do you need this course

      3:36
    • 02 Why should you take this course among many others

      3:52
    • 03 Why do we fear for salary negotiations

      2:41
    • 04 Why should you negotiate your salary

      7:55
    • 05 Overcome your mind blocks About Negotiating Salary

      10:19
    • 06 Understanding how employers determine salaries

      2:41
    • 07 Preparation Essential #1 Researching your Market Value

      6:47
    • 08 Preparation Essential #2 Define your minimum acceptable salary and write it down

      1:46
    • 09 Preparation Essential #3 Determine the benefits mix

      3:53
    • 10 Preparation Essential #4 Gathering your support system

      3:45
    • 11 Preparation Essential #5 Planning the sequence of your ask

      2:46
    • 12 Exploding Offers A Nasty Hardball Tactic

      2:46
    • 13 What if They Ask You What Salary you expect

      1:09
    • 14 Some common FAQs

      3:39
    • 15 Rule 1 Know Your Value

      0:36
    • 16 Rule 10 Turn the money you may be leaving at your old job into a signing bonus

      0:38
    • 17 Rule 11 Practice your negotiation out loud

      0:25
    • 18 Rule 2 Never Name the First Number

      2:45
    • 19 Rule 3 Focus on your strengths

      1:35
    • 20 Rule 4 Switch on your negotiation light

      0:34
    • 21 Rule 5 – Appear excited, but don’t say yes

      0:34
    • 22 Rule 6 Never Talk about Money until You Have an Offer

      2:16
    • 23 Rule 7 Take things slowly

      0:28
    • 24 Rule 8 Use silence to your advantage

      0:35
    • 25 Rule 9 Never Negotiate Against Yourself

      1:02
    • 26 Opening the conversation

      1:37
    • 27 Anchoring and framing your ask

      2:26
    • 28 Scripts for moving past no

      1:46
    • 29 Reviewing the offer

      2:36
    • 30 Syncing up and maintaining your influence plan

      2:36
    • 31 Leaving your old job on good terms

      2:27
    • 32 Starting the new job

      1:07
    • 33 Wrap up

      1:06

About This Class

Learning to negotiate is the best investment you can make in your life. Imagine if you boost your salary by $500 per month today, can you guess how much difference it would make? Let’s say that you work for 50 years. If we apply a compound interest of 6%, this $500 raise will help you get an extra $1.8 Million in the bank. Yes, this sounds unbelievable! But, it's the true. Carnegie Mellon Economist, Linda Babcock, estimates that failing to negotiate your salary at the beginning of your career will cost you $1.0 – $1.5 million in earnings over the course of your career. So, I am sure you have understood that a small salary difference today can completely change how you live your retirement years. So, if you want to boost your lifetime earnings by millions, just go through the course and be successful in getting that salary raise that you truly deserve.

The best way to become an effective negotiator (and develop any skill) is by actually doing it. The only problem with learning how to negotiate your salary from your own experience, is that the stakes are so high. In salary negotiations, making a mistake will have a lasting effect on your lifetime earnings. Future raises are almost always based on your current salary, and if you fail to negotiate well, you will be playing catch-up for the rest of your career.

In this course, I'll be teaching you the exact system that I used to double my salary every 3 years, allowing me to get out of huge debt and save up 6 years of living expenses.