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Something on the table

On a podcast where the guest was American Hedge Fund entrepreneur Anthony Scaramucci, he reiterated the exact same thing as the title. He said his mentor’s most importance advice that has stayed with him all throughout and been the most beneficial is this: “Always leave something on the table”.

It could be a small deal or a large one, a few million dollars, or a few billion. Everyone wants to feel like they’ve “won”. Walking away from the table having lost money is not a good feeling at all.

One of the biggest follies I see around me is that folks who are looking to close deals are constantly thinking only about their own side of the bargain.

They says always leave something on the table, but I feel like some parties get so aggressive they end up taking the table itself. Most deals get done on trust and relationships, which take ages to build and nurture. Surely a few percentage points here and there won’t matter in the long run, but it can sure cause long-forged bonds to come undone, or even rip apart.

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