A number of years back, I was in an elevator of a major bank, after finishing a meeting. I was joined in the elevator by two, senior
business people.
A moment or so after the elevator door closed, one of the business people said to the other, “We should have asked for more”. The other retorted, “Yeah, that’s what I was thinking.”
Obviously, the two people had been pitching the bank. Most likely the buyer from the bank had agreed too readily to the fee the two business people had proposed.
What’s the point in sharing this vignette?
Simply this.
When you’re with prospective buyers, you need to
business people.
A moment or so after the elevator door closed, one of the business people said to the other, “We should have asked for more”. The other retorted, “Yeah, that’s what I was thinking.”
Obviously, the two people had been pitching the bank. Most likely the buyer from the bank had agreed too readily to the fee the two business people had proposed.
What’s the point in sharing this vignette?
Simply this.
When you’re with prospective buyers, you need to