Chapter
Negotiating Payment Terms for a Bigger Order
46:20 - 51:12 (04:51)
The founders of a physical products company share their approach to negotiating payment terms for a bigger order. By coming in demanding and showcasing their success, they were able to secure good terms for future deals.
Clips
The founders of a physical products company needed to place a bigger order but didn't want to seek investor funding, so they negotiated payment terms that worked for them.
46:20 - 51:12 (04:51)
Negotiation
Summary
The founders of a physical products company needed to place a bigger order but didn't want to seek investor funding, so they negotiated payment terms that worked for them. They approached their biggest partner and demanded good terms based on their status and the larger order they were placing.