How to get paid.

By Gonzalo López Martí @LopezMartiMiami

  • Anyone who’s read a business magazine in America in the last 15 years has seen it.
  • He’s been running direct response ads for decades now.
  • Gary Karrass, the art of negotiation.
  • Or something like it.
  • You’ve bumped into his his neatly combed over coif & his smirky mug looking at you from the page.
  • Dude is a lecturer or some such.
  • He sells courses on-line and on tape about the aforementioned art.
  • His headline slash call2action slash clincher is simply great:
  • “In business as in life you don’t get what you deserve. You get what you negotiate.”
  • A ginormous truth.
  • Clap clap, you nailed it Gary.
  • Negotiating, however, is not a friendly chat.
  • You can be the best at what you do.
  • You can be charming and eloquent.
  • Still, unfortunately, you’ll need some sort of coercion to put pressure on the other party and ultimately get proper payment.
  • It’s the only way to protect your interests & your cash flow.
  • It might feel like mild blackmail.
  • It might make you feel a bit guilty.
  • Guilt: the key word in all of this.
  • We Latinos are mostly Catholic, and as such we have a guilt-ridden, traumatic relationship with money & profit.
  • As opposed to, say, Protestants and Jews.
  • For us, money is dirty, money is sinful.
  • We love it and we hate it in equal parts.
  • We have a repressed conception of the thing.
  • We earn it, we borrow it and we spend it in spurts and binges.
  • We go from flush to broke and back with mindless abandon.
  • Maybe that’s why we Latins can be equal parts ostentatious, profligate and inexplicably stingy.
  • Penny wisdom and pound foolishness is in our DNA.
  • Money burns our pockets and our purses, we just want to put it away or part ways with it.
  • Our priorities are all over the place.
  • We will burn six months’ salary on a quinceañera bash and skimp on healthcare coverage.
  • The rims on our cars can be more expensive than the car itself.
  • We’ll spend thousands on boob and butt jobs while saving nothing for our kids’ college education.
  • We hate to admit the fact that money is important and it should be dealt with rationally.
  • We want to believe it comes and goes and we have no control over it.
  • Because money is evil.
  • Profit is shameful.
  • Lucre is filth.
  • It’s usury.
  • There’s a particularly stifling place in hell for those who fall for this sin.
  • And so on and so forth.
  • Hence, when it’s time to discuss a price tag for our services, we start stuttering.
  • We tiptoe around the subject or just avoid the topic altogether.
  • Our negotiations are vague and muted.
  • Eye contact becomes elusive.
  • We go in too high or too low.
  • We either apply “go fish” tactics that irritate the other party.
  • Or go so low as to plant too-good-to-be-true distrust in the mind of the potential payee.
  • Ultimately, obtaining proper compensation for our services ends up riddled with misunderstandings and friction.
  • Adding insult to injury and ensuring our relationship with the notion of money becomes even more traumatic.
  • A vicious circle.
  • In our line of business -advertising- negotiating proper compensation and getting paid -collecting, that is- can be a nightmare.
  • We sell the ultimate abstraction: ideas measured by man hours.
  • We just put the noose around our own neck when we caved in to the split-up of media planning & buying from the other disciplines in the business.
  • Back in the day strategy and creativity were pretty much a freebie.
  • Media planning was a virtual freebie too.
  • The big strategic, creative and media planning ideas were thrown in as a bonus.
  • Media subsidized all the other departments.
  • We made our money with the good old 17.65% commission on the purchase and allocation of media.
  • Media outlets & agencies were all in the same boat, having one another’s backs.
  • Pay up or your ad will not see the light of primetime.
  • That was then.
  • This is now.
  • Agencies do not exist anymore.
  • Or let me rephrase: there are only a handful of agencies left on this planet.
  • They are called WPP, Omnicom, Publicis, IPG, Havas, etc.
  • All the companies under their fold are just consultants, boutiques, running like hamsters in a treadmill, selling man hours under the law of diminishing returns.
  • Jumping through hoops to get paid less and less.
  • I apologize for using the term “man hours”.
  • Woman hours are increasingly critical in our biz.
  • Which are cheaper, by the way.
  • Because as we all know, equal pay for equal work is a myth.
  • Apples to apples, the hourly rate for women and ethnic minorities is lower.
  • Remember: you don’t get what you deserve, you get what you negotiate.
  • Particularly come bonus season.
  • Speak clearly and conclusively, take time to lay out in detail the consequences of a failure to deliver by either party on a business transaction.
  • Speak softly and carry a big stick.
  • America the beautiful has been doing this for centuries now.
  • We are the land of the free, democracy, tolerance, free trade, free enterprise & drive-thru wedding chapels.
  • But if you don’t sell us oil at market prices we will stage a coup to topple your government and bomb the s**t out of you.
  • Thank you for your business.
  • You don’t get what you deserve, you get what you negotiate.
  • Contracts -either written or in the form of a handshake- are worth nothing if you do not have the power to enforce them.
  • Handshake agreements aren’t worth the paper they are not signed in.
  • Even when there’s a written contract, a ruthless, cold blooded or hard up payee has countless ways to give you the runaround, withhold payment & make your life miserable
  • Promises are just that, promises.
  • Don’t do favors or give discounts.
  • You’ll do a half-assed job and discredit yourself.
  • The good old line “help me out this time around and I will hire you in the future when the budget is higher” 99% of the times is pure, unadulterated manure.
  • Never deliver the final product until the agreed upon amount of cash changes hands.
  • Even if at some point if feels like blackmail, swallow your guilt and DO NOT DO IT.
  • Wait until the check has cleared.
  • I know.
  • Easier said than done.
  • I break these very rules pretty much every week.
  • I want to believe there still is hope.
  • And I keep getting burned.

 

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