Mark Cuban: The best negotiators do 2 things that make them successful

The best negotiators, according to Mark Cuban, are those who are willing to compromise. They are patient and don’t try to win every deal point. Cuban practices this approach on “Shark Tank,” where he listens to others before making investment offers. Active listening is key to successful negotiation, as it helps you obtain information and make informed decisions. Cuban’s method was showcased in a recent episode where he waited to make an offer and ultimately teamed up with other investors to secure a deal. While Cuban usually follows this patient approach, he admits that he can also act impulsively, as seen when he bought the Dallas Mavericks without negotiation. Overall, effective negotiation involves compromise, patience, and active listening.