Welcome to the Change Your Mindset podcast, hosted by Peter Margaritis, CPA, AKA The Accidental Accountant. Peter is a speaker, expert in applied improvisation and author of the book 'Improv Is No Joke, Using Improvization to Create Positive Results in Leadership and Life'. Peter's new book, Taking the Numb Our of Numbers: Explaining & Presenting Financial Information with Confidence and Clarity will be published in June 2018.
“Stress is not always bad; it can motivate us into positive, meaningful actions.” Peter Margaritis
In today’s episode, Peter Margaritis begins his series on: Take a Load Off: Stress relievers for overwrought leaders. He also shows how Business Improv is the way to go when facing uncertain situations and changes in the business world.
When trying something new, always try it with a beta test on people you are sure will give you honest feedback before taking it to the market. Peter gives an example of how something he hadn’t thought about previously became one of the most successful business decisions for 2020. Something set up to be educational also turned out to be entertaining, enjoyable, and a bonding session to learn.
What makes you happy? What doesn’t make you happy? What stresses you? Stress is part of our everyday lives. It comes from the good, the bad, and the in-between. Stress is an opportunity to make a change and make a positive outcome in the long run. Stress can help you add value to your life and business.
Peter shares some of his tools to manage stress into a positive outcome.
“Negotiation is not a fight but a collaboration. Prepare more than memorize.” Peter Margaritis
In today’s episode, Peter Margaritis continues his on Unscripted Give-and-Take and how to use Business Improv to resolve disputes and negotiate deals. Going for an all-in approach is not an excellent way to begin a business with someone you are trying to build a relationship with.
You have the tools you need to have a win-win outcome in a negotiation. The beginning of every conversation is a smile that disarms the other party. Your smile needs to be genuine. You may not get everything you need, but you will get the chance for future business opportunities.
Humanizing the conversation during negotiation creates an atmosphere of calm and respect so that both parties can feel comfortable no matter the outcome. Do not manipulate the other party to get them to make your point. You can show them the benefits of what you are telling them to their goals and agenda, which makes the relationship last longer.
Preparedness during negotiation is better than memorizing facts and figures for that table. Adapt to the changing moods and turns at the table, and do not follow a written-in-stone script; you will fail.
“Emotional resistance to negotiation wastes time and makes working with others hard. Negotiation is a relationship builder and not a war zone.” Peter Margaritis
In today’s episode, Peter Margaritis talks about Unscripted Give-and-Take and how to use Business Improv to resolve disputes and negotiate deals.
Sometimes during negotiations, we must understand that you can negotiate up instead of down. Therefore, be able to negotiate to your best and have a win-win outcome.
As a business owner, entrepreneur, consultant, or employee of an organization, even when you feel that you are not a great negotiator, it’s good to learn the skills for your business and yourself and give credit to your skills and experience. Then, be confident to sell your expertise to the best you can.
“A successful workplace relation is built by collaboration, then sharing, observing/listening and building on each block with one vision in mind” Peter Margaritis.
In today’s episode, Peter Margaritis continues his conversation on New scripts, communicating, and collaboration for better results. One idea at a time, one conversation, and one interaction may be what your organization needs to go to the next level. When working in an organization, each teammate has an agenda and vision, and if they do not have a common goal, each will work on their plans and build their own till the “tower” collapses.
Emotions and how they affect the workplace are a new way to look into how people interact with each other and with clients and customers.
“Excellent, innovative, and effective communication invites productivity and adaptability, making an organization stand out from its competitors.” Peter Margaritis
In today’s episode, Peter Margaritis talks about new scripts, communication, and collaboration for better results. We can be given the same space and business concept but still have different results from our competitors. How does communication affect your business from beginning to end? How we articulate our wants and needs in the industry directly affects the results we achieve and get.
Every organization needs to have a simple, straightforward, effective communication strategy that reduces jargon in the workplace. In addition, laying a foundation of innovation and improvement that inspires internal and external communication enables you to stand out against your competitors.
In the long run, simple processes can bring consistent desired results.