Three Universal Currencies - Revision history

Dirkjan at 20:04, 27 August 2020

2020-08-27T20:04:44Z

Dirkjan at 19:21, 27 August 2020

2020-08-27T19:21:59Z

Dirkjan: Created page with "In The Personal MBA the ''Three Universal Currencies'' are 1) resources, 2) time and 3) flexibility. =Key Points:= * In every negotiation there are three..."

2020-08-25T08:08:42Z

Created page with "In The Personal MBA the ''Three Universal Currencies'' are 1) resources, 2) time and 3) flexibility. =Key Points:= * In every negotiation there are three..."

New page

In [[The Personal MBA|The Personal MBA]] the ''Three Universal Currencies'' are 1) resources, 2) time and 3) flexibility.
=Key Points:=
* In every negotiation there are three primary Currencies:
** Resources. Tangible items like money, oil, etc.
** Time.
** Flexibility. The cost of not doing something else, which is a very real [[Opportunity Cost|Opportunity Cost]]
* Focus on the appropriate trade-offs between the parties to find Common Ground in these Currencies.
* By mixing these currencies in different ways, it’s easier to reach an agreement that the parties can agree with.
=Questions for Consideration:=
* Which of these currencies would you most like to increase?
* How can you trade for more of what you value?

Source: http://book.personalmba.com/3-universal-currencies/
[[Category:mbi]]

[[Category:Term]]

[[Category:The Personal MBA]]

← Older revision		Revision as of 19:21, 27 August 2020
Line 1:		Line 1:
−	~~In [[The Personal MBA\|The Personal MBA]] the ''~~Three Universal Currencies~~'' are 1) resources, 2) time and 3) flexibility.~~	+	Three Universal Currencies
−	~~=Key Points:=~~
−	* In every negotiation there are three primary Currencies:
−	** Resources. Tangible items like money, oil, etc.
−	** Time.
−	** Flexibility. The cost of not doing something else, which is a very real [[Opportunity Cost\|Opportunity Cost]]
−	* Focus on the appropriate trade-offs between the parties to find Common Ground in these Currencies.
−	* By mixing these currencies in different ways, it’s easier to reach an agreement that the parties can agree with.
−	~~=Questions for Consideration:=~~
−	* Which of these currencies would you most like to increase?
−	* How can you trade for more of what you value?
−
−	~~Source: http://book.personalmba.com/3-universal-currencies/~~
	[[Category:mbi]]		[[Category:mbi]]

← Older revision		Revision as of 20:04, 27 August 2020
Line 1:		Line 1:
−	Three Universal Currencies	+	In [[The Personal MBA\|The Personal MBA]] the ''Three Universal Currencies'' are 1) resources, 2) time and 3) flexibility.
		+	=Key Points:=
		+	* In every negotiation there are three primary Currencies:
		+	** Resources. Tangible items like money, oil, etc.
		+	** Time.
		+	** Flexibility. The cost of not doing something else, which is a very real [[Opportunity Cost\|Opportunity Cost]]
		+	* Focus on the appropriate trade-offs between the parties to find Common Ground in these Currencies.
		+	* By mixing these currencies in different ways, it’s easier to reach an agreement that the parties can agree with.
		+	=Questions for Consideration:=
		+	* Which of these currencies would you most like to increase?
		+	* How can you trade for more of what you value?
		+
		+	Source: http://book.personalmba.com/3-universal-currencies/
	[[Category:mbi]]		[[Category:mbi]]