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Wolfgang Schnellbaecher

๐Ÿ‘ค Speaker
120 total appearances

Appearances Over Time

Podcast Appearances

TED Talks Daily
Are you spending your money wisely? | Wolfgang Schnellbaecher

in an expensive city, only go to one dealer in a rather high-class part of the town.

TED Talks Daily
Are you spending your money wisely? | Wolfgang Schnellbaecher

We could state right away, we will only go to you or to the dealer.

TED Talks Daily
Are you spending your money wisely? | Wolfgang Schnellbaecher

We could tell them how much we love the car.

TED Talks Daily
Are you spending your money wisely? | Wolfgang Schnellbaecher

We could not ask for a rebate.

TED Talks Daily
Are you spending your money wisely? | Wolfgang Schnellbaecher

And once you've listed all these things and then turned it around, then you really come close to what's an optimum.

TED Talks Daily
Are you spending your money wisely? | Wolfgang Schnellbaecher

To me, the inverting method is also a great reminder.

TED Talks Daily
Are you spending your money wisely? | Wolfgang Schnellbaecher

Good buying can be fun, and good buying can be creative.

TED Talks Daily
Are you spending your money wisely? | Wolfgang Schnellbaecher

And now, we are already at rule number three, negotiate from strong starting positions.

TED Talks Daily
Are you spending your money wisely? | Wolfgang Schnellbaecher

People might think strong negotiations have something to do with strong-arming somebody, with being mean, with being aggressive, almost yelling at people.

TED Talks Daily
Are you spending your money wisely? | Wolfgang Schnellbaecher

The opposite is true.

TED Talks Daily
Are you spending your money wisely? | Wolfgang Schnellbaecher

It starts way before, and it has a lot to do with the alternatives you build.

TED Talks Daily
Are you spending your money wisely? | Wolfgang Schnellbaecher

You need to align what are alternative suppliers, what are maybe alternative products,

TED Talks Daily
Are you spending your money wisely? | Wolfgang Schnellbaecher

Good buyers maybe even extend the usage of the existing solution just to ensure they're not under time pressure.

TED Talks Daily
Are you spending your money wisely? | Wolfgang Schnellbaecher

The superstar buyers go even further.

TED Talks Daily
Are you spending your money wisely? | Wolfgang Schnellbaecher

Sometimes they destroy alternatives just to make a point.

TED Talks Daily
Are you spending your money wisely? | Wolfgang Schnellbaecher

Now, that sounds a bit odd, doesn't it?

TED Talks Daily
Are you spending your money wisely? | Wolfgang Schnellbaecher

But in this world, you learn best from extremes.

TED Talks Daily
Are you spending your money wisely? | Wolfgang Schnellbaecher

And let me tell you an extreme historical example.

TED Talks Daily
Are you spending your money wisely? | Wolfgang Schnellbaecher

In 1519, Hernando Cortes arrived in Veracruz, Mexico.

TED Talks Daily
Are you spending your money wisely? | Wolfgang Schnellbaecher

He only had 500 soldiers in front of him, the vast Aztec empire.