summary

Chris Voss & The Black Swan Group - Do THIS To Build TRUST And Make BETTER Deals

Thumbnail of the video “Chris Voss & The Black Swan Group - Do THIS To Build TRUST And Make BETTER Deals”
Community upload. AI output has not been independently verified.

Short Summary

Main recommendation: Build trust and make better deals by asking calibrated, open-ended questions that invite the other person to answer, rather than pushing for a yes. Chris Voss illustrates this with his encounter with Jack Welch, where a single "How" or "What" style question led to a commitment to speak at his class. The video also argues that a calibrated "no" is worth at least five "yeses."

Key Points

  • Most people approaching a busy figure try to get an immediate yes in seven seconds or less, which rarely works when others are waiting in line.
  • Chris Voss approached Jack Welch with a question ("Is it a ridiculous idea for you to come and speak at the negotiation course that I teach at USC?") rather than a demand.
  • The question prompted Welch to pause and think, after which he responded with a helpful next step instead of a refusal.
  • Welch's response was to give a direct channel (his personal assistant's Twitter account) and a conditional commitment to visit the class in the fall.
  • The video frames the value of a calibrated "no" as greater than several "yeses," suggesting that a clear, honest refusal reveals more useful information.

Details Worth Noting

  • Concrete instructions: When approaching someone who may be busy, ask an open-ended, calibrated question that begins with "Is it a ridiculous idea..." or similar, so the person can think and respond rather than simply say yes or no. Keep the question short and specific to the request. If the other person freezes or pauses, wait for them to respond rather than filling the silence. Ask for the next step (e.g., a contact method) if they do not agree immediately.
  • The example involved Voss approaching Jack Welch at a book signing for "The Real-Life MBA," with Welch's wife Suzy present, in Los Angeles.
  • Voss describes the security dilemma—that a person within arm's length can act before security can respond—as a dramatic aside about the risk of approaching someone like Welch, not as an explanation of his technique's effectiveness.
  • Welch's wife Suzy and the book were mentioned as context; Voss taught a negotiation course at USC at the time.

Bottom Line

Asking a thoughtful, open-ended question that gives the other person room to think often leads to better outcomes than pushing for an immediate yes.

Facts

  1. According to Chris Voss, a calibrated "no" is worth at least five "yeses" in negotiation.

    0:00