“It’s Only A Moment In Time” – Negotiation Insight

• July 1, 2019

“Time, something that you have as much of as you need – for the time that you have.” -Greg Williams, The Master Negotiator & Body Language Expert (Click To Tweet)

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“It’s Only A Moment In Time”

Are you someone that has challenges with time?

Dammit, was the sound of exasperation that escaped her lips. She was going to be late, again. She wondered why she seemed to always have a challenge with time – she thought, it seems like I’m late for everything! I’ll probably be late for my own funeral. Oh well, I’ll deal with my tardiness later – she said into the air.

Here’s something to think about, everyone has the same amount of time. So, why are some people more successful than others? Answer – it’s the way they use their time. Successful people respect and use their time wisely – their use is to improve themselves and progress their goals. Sure, they take to relax, spend time with friends and loved ones. But, for the most part, they’re very respectful of how they utilize the time that they have.

Consider the following to improve your use of time. Doing so will improve your outlook on life. And, it’ll also allow you to become more productive.

 

Set Goals:

On huge waste of time is starting off to address something and not knowing if that’s the most important activity you should be engaged in. Sometime you may have ‘playtime’ that grips your imagination and steals you to another environment. But for the most part, if you have goals and you’re disciplined, you can’t combat those dastardly creatures. Plus, you’ll feel better knowing that you’re moving towards an end, goal, that will put you a step closer to a higher point of exhilaration.

 

Add Fudge Factor To Estimates:

Years ago, an associate said she always added a ‘fudge factor’ to her estimates when she estimated the time it might take to complete a task. She said, depending on the task she’d add a factor of two or three to her estimate – the range was based on her perception of the task’s difficulty. Thus, if she thought that a 10-minute task was easy to complete, she’d add a factor of two to her estimate – for planning purposes that allowed her 20-minutes to complete it. I asked what she did with extra time when a task didn’t take as long as she’d planned. She said that time was allocated to tasks that were in her ‘waiting to address’ folder – they were important. But not as important as the ones that had a higher priority.

 

Block Time:

To be more efficient with your time, when you’re engaged in an activity that requires concentration, set aside the amount time you want to address that activity and don’t let anything or anyone interrupt you during that time. You’ll save time by not having to restart where you left off from interruptions. That will allow you more time for other activities.

 

Time, it’s a fleeting measurement of movement. And yet, each moment of time is so important. Everyone has the same amount of it. What you do with it will allow you to progress to higher heights in life or not.  If you want to be someone that continuously moves forward, gets ahead in life, use time wisely. Don’t cheat yourself by misusing it. Once you embrace the usage of time in a more efficient manner, you’ll become more efficient … and everything will be right with the world.

 

 

What does this have to do with negotiations?

 

In a negotiation, time can be used as an ally or it can become your foe. It may quickly open a door of opportunity and slam it shut as fast if you’re not mindful of how you’re using it. Therefore, before engaging in a negotiation, plan exactly how you’ll use time. You might consider using it to apply a deadline for the other negotiator to accept an offer or make a concession – or to mark the timeframe as to how long you’ll negotiate.

Regardless of how you use your time when negotiating, measure it wisely as applied to the different stages you’re in versus where you thought you’d be. Doing that will give you a handle on time. Because it’ll keep you from negotiating past a point where doing so is less beneficial to you.

 

Remember, you’re always negotiating!

 

Listen to Greg’s podcast at https://anchor.fm/themasternegotiator

 

After reading this article, what are you thinking? I’d really like to know. Reach me at Greg@TheMasterNegotiator.com

 

To receive Greg’s free “Negotiation Tip of the Week” and the “Sunday Negotiation Insight” click here https://www.themasternegotiator.com/greg-williams/

 

 

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