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According to Quora: “We all find ourselves in negotiations at some point in our lives. Raises, marital disputes, car shopping, you name it. I’d imagine that the Internet waited with bated breath for an answer to the Quora question, “What are the basics of the art of negotiation?”

“Thankfully, author, entrepreneur, and angel investor David S. Rose chimed in with his thoughts. Rose’s answer was concise and simple. Six points, really. Understand the market, understand your options, understand the other side’s options, decide on your walk-away outcome, decide on your ideal outcome, and negotiate with integrity.

“As a bonus, Rose notes that the critical aspect of negotiation is deciding on your walk-away outcome. Once you figure that out, the rest is easy.”