Small Business Focus, Evergreen Content

How to break a deal without scorching the earth

Nothing lasts forever.

Sometimes a deal you though was great, just isn’t.

The Money Show’s Bruce Whitfield interviewed Aurik Business Accelerator founder Pavlo Phitidis.

Phitidis gave advice on breaking a deal that doesn’t work out for you; without going “scorched earth”.

If you’re going to break the deal; do it right!

Listen to the interview in the audio below (and/or scroll down for quotes from it).

I think you should date before you get married.

Pavlo Phitidis, Aurik Business Accelerator

If you define the deal very loosely, that allows for the opportunity to learn what works, and what doesn’t, and to redefine the deal afterwards.

Pavlo Phitidis, Aurik Business Accelerator

Betrayal is a terrible emotion… it makes you not hear what’s being said…

Pavlo Phitidis, Aurik Business Accelerator

Insist on meeting face to face every week…

Pavlo Phitidis, Aurik Business Accelerator

If I’m initiating the breakup… I need to be cognisant of what you’re going through…

Pavlo Phitidis, Aurik Business Accelerator

If you’re going to break the deal, you need to take deep breaths… you’ll be able to understand the anger… that person is being human…

Pavlo Phitidis, Aurik Business Accelerator

This article first appeared on 702 : How to break a deal without scorching the earth


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