Episode Details

Introduction

• Today we are going to be having a conversation with an expert in negotiations today.Our hopes are to share some tips and tricks that may help you work on cash rent leases this year and have success in other conversations.  Thank you again for suggesting topics for us to talk about on the podcast and keep them coming.  Send those to farm4profitllc@gmail.com or find us all over social media.
• As a reminder if you find value in our message today please share that with a friend or associate and leave us a review.  We greatly appreciate that as we try to grow our audience.

What’s Working in AG

• Foundry Distilling Company
• 1 – The Foundry was started by Scott Bush who is a graduate of MIT and also started the famous Templeton Rye Whiskey
• 2 – The Foundry was created with flexibility in mind.  They have the ability to make just about any spirit in large or small amounts including hand sanitizer.
• 3 – They enjoy telling the stories behind the liquor.  Since they have the ability to make any kind of liquor they have the ability to make Private Barrels. 
• Heritage Bourbon or Vodka
• Create a customized mash – your crops
• Celebrate your farm
• Make your own labels
• Taste throughout the process
• Reasonably priced customized product
• 4 – 5% off when you mention Farm4Profit Podcast

Main Topic

• Tips for negotiating with land lords, suppliers, buyers, and everyone else.
• Negotiation expert Matthias (Ma-Tie-Us) Schrannerwas originally trained by the police and the FBI as a lead negotiator for high-stakes situations. For the past 15 years, he and his team at the Schranner Negotiation Institute have been advising clients including the UN, global corporations and political parties in difficult negotiations.
• He teaches the executive seminar series Negotiations on the Edge and is the author of books such as The Negotiator, Negotiations on the Edge and Costly Mistakes, and The Schranner Concept® as well as numerous articles and other publications.
• Matthias Schranner advises business and government leaders in over 40 countries, including the US, China, Russia and Japan. His proprietary Schranner Concept® is used by numerous Fortune 500 companies worldwide to succeed in difficult negotiations.
• He’s talking to us today from Zurich in Switzerland        
• https://www.schranner.com/home

General Questions

• Can anyone become good at negotiating?
• What does it take to be good at it?
• How can I become good at asking questions?
• What is the best way to start a negotiation?
• Fish on the table
• What are smart tradeoffs?
• How does body language play into the negotiation? 
• Farmers rely heavily on trade agreements negotiated between governments.  Let’s not talk party sides but focus in on President Trump’s negotiation style.  Is it a style? 
• Can his style be effective?
• What is the 51/49 rule, why i