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The Magic Question To Get Anything

Name: The Magic Question To Get Anything
Uploaded: 2024-10-06T15:00:29+00:00
Duration: 34 s
Channel: Shanli Liu, CPA, CTP
Description: In this short monologue, Shanli Liu, CPA, CTP, shares a practical negotiation tactic for acquiring valuable knowledge or mentorship. She observes that…

6 Oct 2024 · 1 min

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In this short monologue, Shanli Liu, CPA, CTP, shares a practical negotiation tactic for acquiring valuable knowledge or mentorship. She observes that experts often initially refuse to teach for free, but may be persuaded if compensated. The core advice is to ask the “magic question” – “what would it take?” – and be prepared to share in the economics of the venture, such as offering a percentage of equity in a product you plan to build. By framing the request as a problem the expert can solve for a clear, mutually beneficial reward, you increase the likelihood they will teach you, turning a simple learning request into a value‑exchange partnership.

Chapters

I found oftentimes that people initially say no when you ask them to just teach you stuff that they know that's really valuable, but they will do it in exchange for money. And so the magic question is, what would it take? So if I want to learn something that's very valuable, I would say, what would it take? And I'm also willing to share in the economics, especially on my first go-round, to learn something. So for example, if I wanted to learn how to code or something and I wanted to make it for a product, I'd be like, if you teach me how to code, I'll give you 5% of the thing that I'm going to do. So like, just what would it take? And I think that's a much more valuable question because it allows the person to solve the problem for you rather than you trying to guess at what they want.