If you want to become a powerful negotiator, take the following advice to heart. Contracts that are signed quickly tend to be lousy. Most people do not enjoy negotiating and just want to get it over with, but please, don\u2019t rush. Get professional help, the final product will be much better for it. Always start with a term sheet. Term sheets address big picture items. Do the math. How much do you stand to gain? You should have a concrete idea. Don\u2019t hesitate to pick up the phone. We\u2019ve all received emails that have come across terribly and left us wondering about the sender\u2019s true intentions. If your communication seems to be faltering, call the person! Don\u2019t wait for a full-blown misunderstanding to brew. You\u2019ll get a much better read on the situation, including when to back off and when to accelerate. Understand that the first contract you receive is just that — the first. The contract you end up with will be very different if negotiated successfully.<\/p>\n","protected":false},"template":"","class_list":{"0":"post-8134","1":"faq","2":"type-faq","3":"status-publish","5":"entry"},"acf":[],"yoast_head":"\n