Blackrose Accountants found themselves negotiating a ten-year commercial lease with two South East Asian female entrepreneurs. These women arrived with their partners, who waited outside as they took charge of the negotiations. Notably, when I mention “Tigers,” I’m not referring to the striped, four-legged creatures.
Preparation and Positive Impressions:
Before the meeting, we discussed and agreed on basic terms over the phone. This initial conversation left me optimistic about closing the deal. Their attitude and business aligned seamlessly with our goals, making them exceptionally appealing partners.
The Art of Negotiation:
When it came to finalising the deal, these women displayed an impressive ability to maximize their benefits. Their approach was marked by honesty, informativeness, and unwavering firmness. Furthermore, the negotiation process involved a detailed examination of each contract clause. Interestingly, the two women engaged in lively discussions in Vietnamese, creating suspense about their response.
Closing the Deal:
Ultimately, we reached mutually agreeable terms, providing valuable insights into effective negotiation tactics. Additionally, the experience also highlighted the need for multilingual team members to navigate diverse negotiations successfully.
Contemplating the negotiation process led me to ponder the concept of “Tiger Moms,” described as strict mothers whose primary concern is their child’s exceptional success. Moreover, these entrepreneurs’ determination and commitment to business success raised questions about whether they embodied the “Tiger Mom” spirit.
Amy Chua’s Insights:
Amy Chua, renowned for her 2011 bestseller, “Battle Hymn of the Tiger Mother,” examines her upbringing in a Chinese family. Furthermore, the book delves into the idea of certain cultural groups outperforming others in America. Chua identifies three key traits in these high-achieving groups: a superiority complex, a sense of insecurity, and strong impulse control.
Applying ‘Tiger Spirit’ to Achieve Success:
While Chua’s thesis may be debated, it’s clear that individuals and businesses can draw inspiration from these traits to unlock their full potential and surpass their competition: The trait mentioned were
- Business Tenacity: Believing in the superiority of one’s product or service not only motivates a businessperson but also compels them to showcase it to a wider audience, leading to increased contracts and sales.
- Athletic Excellence: Athletes who are dissatisfied with their personal best continually strive to improve and achieve greater success.
- Artistic Discipline: On the artistic front, singers and actors who exercise self-control and dedication to their craft can enjoy prolonged and successful careers, all while skilfully avoiding common pitfalls and traps.
Embracing the ‘Tiger Spirit’:
In conclusion, the encounter with determined entrepreneurs reinforced the notion that we can all benefit from incorporating a bit of the “Tiger spirit” into our approaches. By harnessing the traits of a superiority complex, combating insecurity, and practicing impulse control, individuals and businesses can elevate their performance and excel in their respective endeavours.
Blackrose Accountants are specialises in providing bookkeeping, accountancy, taxation, payroll services and business development and advisory services The areas we cover include
- Wembley
- Brent
- Willesden
- Harrow
- Kingsbury
- Kenton
- Pinner
For a free consultation contact us at
Blackrose Accountants – Wembley, Harrow, Kenton
- Croydon
- Thornton Heath
- South Norwood
- Crystal Palace
- Selhurst Park.
- Beckenham
- Streatham
For a free consultation contact us at
Blackrose Accountants – Croydon, South Norwood, Thornton Heath
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