On this episode of Young Hustlers Grant Cardone and Jarrod Glandt talk about when to walk away from a deal. Often it is the deal that you don’t walk away from that costs you. But many people walk away from deals forever when they shouldn’t.
Some important points from today’s episode about why people don’t walk away from deals:
1. Scarcity in Pipeline: You hold onto nothing because you have nothing to go to. You are scratching for crumbs. You need to pick up the phone!
2. Be professional on the way out: Don’t hang up or burn bridges if you don’t get what you want. You never know what can happen in the future. Accept responsibility for the outcome!
3. Never quit: When you walk away from a deal you aren’t quitting the deal. If the deal is dead, think about how to nurture it in the future.
4. How do you walk away? Never say no until you absolutely have to.
If you took notes today, after 30 days, you will forget over 95% of what you learned today. You have to review things over and over. Remember if you don’t remember with certainty, it doesn’t matter. And If you can’t deliver with certainty, it will not result in money.