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Name of author Rick Baker, P.Eng.

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Thought Tweet #562

by Rick Baker
On Sep 11, 2012

Thought Tweet #562 If you want to learn how to sell at higher prices, first learn how to buy at higher prices.

 

The Thinking Behind The Tweet

It has been my experience that cheap people do a poor job of selling. If you are a penny-pincher who happens to be in a sales role, it seems there are only 2 choices: figure out how to buy at higher prices so you have a proxy for selling at higher prices or find a new career.

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Sales | Thought Tweets

A bit about Puts & Calls

by Rick Baker
On Sep 11, 2012

Investors and traders choose Puts & Calls to manage financial risks...and to speculate. Puts & Calls are options. At the time they are sold, Puts & Calls deliver money of value to the seller and provide rights of value to the buyer/holder.

The extent of the value of these rights will depend on future situations (in the financial markets) and future choices/actions taken by the holder of the Puts & Calls.

We also use Puts & Calls during other day-to-day interactions with people. So, these interpersonal Puts & Calls involve a different sort of speculation. Like financial-market Puts & Calls, these interpersonal Puts & Calls are based on options/choices...and they also contain rights. The value in these rights is also dependent on future situations and the choices made in reaction to the situations.

In addition to rights, these interpersonal Puts & Calls contain wrongs.

The wrongs expand the value and the risks tied to these other Puts & Calls.

Here are some examples...

There are numerous examples of Puts that are wrong things to do in business... 

  • Putting on airs,
  • Putting people on,
  • Putting people on the spot,
  • Putting people in their place,
  • Putting all your eggs in one basket,
  • Putting it to 'em,
  • Putting people through the wringer,
  • Putting your foot in your mouth,
  • Putting words in other people's mouth
  • Putting people's noses out of joint, 
  • literally Putting your nose to the grindstone.
There are also Calls that are wrong things to do in business...here's a few:
  • Calling someone on the carpet,
  • Calling it quits, 
  • Calling off the dogs [and Calling them on in the first place], &
  • in some bosses' minds, even Calling it a day can get you into trouble.


Tags:

Business Contains Only 3 Things | Communication: Improving Communication

Copyright © 2012. W.F.C (Rick) Baker. All Rights Reserved.