Monday, June 12, 2006

Negotiation is key to success in life

A Japanese friend of mine, a very smart lady who was often the best-performing investment counselor at a major securities firm in Japan, once said something that I never forgot: "I'm a good negotiator because there is nothing to negotiate."

With that statement in mind, would you like to play a game to test your negotiation skill?

Suppose you have 26 red cards, and you find yourself in a room with 26 other people and they each have a black card.

Every time a black card is paired with a red card, $100 is generated.

In that case, it would seem fair that you make $50 while the person holding the black card makes $50.

Since you have 26 red cards, you can easily make $1300 (or 26 X $50).

However, if you were really smart at negotiation, you could easily make $2340.

How would you do it?

Feel free to email me your answers at omnidigitalbrain@yahoo.com

I will reveal the answer in a few days.