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New Acquisition

New Acquisition

You are the Vice President of a private investment firm.
Recently you acquired a software company for $5 Million and were able to turnaround within one year. Now you want to acquire another software company. You meet the owner and he too is interested to sell.
During next couple of weeks, you make him a offer, however the seller says it is too low. His asking price is $15 Million, which in your opinion is too high.
How do you plan to make a deal?
Photo adaptation/Flickr/foxypar4
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Deliberate practice improves our success in an interview

It is a deliberate effort. It requires one to break down the required skill into smaller chunks and practice systematically and repeatedly. Performance improves over time based on the number of times an activity is performed with timely and correct feedback. It is not just the number of hours of practice but quality matters. It is not mindless repetition but one needs to incorporate feedback to improve. Seeking feedback and reflecting on one’s performance to guide subsequent practice sessions improves the performance.

Deliberate practice based on small, achievable, specific steps for meaningful improvement. To gain mastery, you need to · - Start early - If you have decided to improve your interview skills performance, then it is important to start well before. It is not something which you can acquire a night before the interview schedule date. · - Set a specific goal – You choose your goal and stick to it. (Answering 50-100 questions, 2 mock interviews…) · - Discuss with colleagues and know the trends. Learn from job websites and figure out the type of questions asked. · - Think, write your responses for the most common job questions. Don’t avoid this step. Writing is preparation and practice. No one can learn football by reading football articles. · - Improve your responses based on feedback from your friend and senior · - Stay committed to your goal and stay positive

Consistent, systematic practice will see you through the interview. Take a challenge and attempt one question a day for the next few days. Think your story for each question and prepare your response. Seek feedback and build into your response.