One thing I really notice in friends who haven't done any therapy is a lack of conflict resolution skills. So I figure hey, let's do a mini lesson on conflict resolution right here in this thread.
1 Keep fairness strongly in mind.
2 Be wary of apologizing. Think hard before offering any apology-- do you really need to say sorry here?
3 Keep in mind what you value.
4 Stick to being truthful, even if you're angry.
1 Be gentle, not aggressive.
2 Ask questions, be actively interested in their opinions.
3 Actively validate the way they feel.
4 Have an easy manner. Watch your tone of voice & body language. It's not all about what you're saying.
1 Describe the problem in an objective way to find common ground.
2 THEN get your feelings out.
3 Assert what you want.
4 Reinforce what you want-- are there consequences if it doesn't happen? Why is it important?
5 Be mindful of the goal and don't get distracted. Keep repeating it. Bring the focus back.
6 Confidence is key with body language & tone, not all about words.
7 Be willing to negotiate. What can you give to get this done?
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So the cryptocurrency industry has basically two products, one which is relatively benign and doesn't have product market fit, and one which is malignant and does. The industry has a weird superposition of understanding this fact and (strategically?) not understanding it.
The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.
This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.
The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."
This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.
If everyone was holding bitcoin on the old x86 in their parents basement, we would be finding a price bottom. The problem is the risk is all pooled at a few brokerages and a network of rotten exchanges with counter party risk that makes AIG circa 2008 look like a good credit.
— Greg Wester (@gwestr) November 25, 2018
The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.
This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.
The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."
This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.