How to drum up more competing offers

How to drum up more competing offers

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Negotiation Playbook

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๐Ÿ“ Start here

  • Note from Linda
  • How to use this playbook

๐ŸŒฑ Negotiation starts BEFORE the initial offer

  • Your two hidden jobs
  • How to not bomb your negotiation before it starts
  • Scenarios where you can lowball yourself
  • Scripts for how to navigate these scenarios
  • Recap

โŒ When maximizing TC is wrongโ€ฆ

  • What to research before negotiating an offer
  • Scenario: lower TC leads to higher comp
  • Scenario: higher TC leads to equity wipeouts

๐Ÿ‘€ How to NOT get screwed on startup equity

  • How to understand your equity offer (options, RSUs)
  • Common equity minefields
  • Checklist: questions about your equity
  • What to do if they hold back information
  • Whatโ€™s negotiable vs. not
  • Bait & switch, golden handcuffs, my $700K mistake

๐Ÿ’ฐ Find your PERSONAL comp band

  • How to get paid ABOVE band without competing offers
  • Why market comp band โ‰  your comp band
  • How to know you can go above market band

โš–๏ธ Evaluate them like an investorย 

  • What to look for from the business & team
  • Why this makes you look good
  • Questions for private startups (pre-launch) โ€” and what to look for
  • Questions for private startups (post-launch metrics, strategy, org)
  • Good vs. excellent: SaaS, marketplace metrics
  • Questions for bigger companies (strategy, org) โ€” and what to look for
  • What to do if they decline to answer
  • Recap

๐Ÿ“ˆ Upsell and differentiate yourself

  • How to separate yourself from the pack
  • What to set up to differentiate yourself
  • How to interview their customers
  • How to become their thought partner
  • Start pre-boarding
  • Share your obstacles

๐ŸŽฏ How to find the RIGHT targets

  • Psychology, cash vs. equity
  • Stumbles + how to prioritize what to negotiate
  • Make anchoring work for you
  • Deep-dive: finding market comp
  • Adjusting market comp to your situation
  • What to expect in the negotiation
  • Framework for picking the right numbers
  • Outcomes to expect based on your situation

๐Ÿ† Use proven, winning scripts

  • Why words matter
  • Beliefs and tactics of great negotiators
  • Good vs. great negotiators
  • Real winning scripts and how to adapt them
  • Notable patterns
  • How to know whatโ€™s truly โ€œfinal offerโ€

๐Ÿ“‰ Avoid these losing scripts

  • Losing scripts to avoid part 1
  • Losing scripts to avoid part 2
  • Avoid saying these things
  • Avoid saying these things too
  • Notable patterns

๐ŸŽ Maximize competing offers

  • How to make the most of competing offers
  • Why competing offers don't always work out
  • How to drum up more competing offers
  • When competing offers are NOT competitive
  • How to maximize value from your offers
  • When competing offers backfire โ€” and how to avoid this

๐Ÿ” Prepare to renegotiate with your current company

  • How to prepare, time and ask for renegotiation
  • Why renegotiations are stacked against you
  • Handle unclear leveling, comp bands, promotion cycles
  • Measure your readiness for renegotiation
  • Perfect the timing of your ask
  • Seed the conversation

๐Ÿ”ฅ Crush your renegotiation

  • Handle comp raises being told to you, not proposed to you
  • Handle awkwardness of negotiating with people you know
  • When you have a competing offer
  • Proven renegotiation scripts part 14
  • Proven renegotiation scripts part 2
  • When promotions โ‰  renegotiations โ€” and how to change that
  • Examples of creating & capturing value
  • Value created vs. value captured
  • Doubling salary & equity in < 3 years
  • Becoming exceptional and indispensable

๐ŸŽ‰ End here

  • One last thing