March 30, 2023

From Novices to Negotiators: How the Founders of Sinaptiq Triumphed Over Imposter Syndrome to Secure High-Stakes Deals

From Novices to Negotiators: How the Founders of Sinaptiq Triumphed Over Imposter Syndrome to Secure High-Stakes Deals

Imposter syndrome is a common phenomenon among entrepreneurs, especially those who are just starting out. It can be difficult to feel confident in your abilities and to negotiate high stakes deals when you’re feeling like an imposter.

However, with the right strategies and mindset, it is possible to overcome imposter syndrome and successfully negotiate high stakes deals. The founders of Sinaptiq have experienced this firsthand. Sinaptiq is a software development company that specializes in artificial intelligence (AI) solutions for businesses. The company was founded by two entrepreneurs who had no prior experience in the tech industry but were passionate about AI and wanted to make a difference in the world.

Despite their lack of experience, they were able to successfully launch their business and negotiate high-stakes deals with some of the biggest names in tech. In this article, we’ll take a look at how the founders of Synaptiq overcame imposter syndrome and negotiated high-stakes deals by following these three key strategies: #1: Believe In Yourself The first step towards overcoming imposter syndrome is believing in yourself and your abilities.

This means having faith that you can do what you set out to do despite any doubts or fears that may arise along the way. The founders of Sinaptiq had no prior experience in tech but they believed that they could learn what they needed to know quickly enough to succeed – and they did!

They also trusted their instincts when it came time for negotiations, which helped them get better results than if they had second-guessed themselves or relied too heavily on advice from others. #2: Do Your Research When negotiating high-stakes deals, it’s important to do your research beforehand so that you know exactly what you’re getting into before making any commitments or agreements.

The founders of Sinaptiq took this approach by researching potential partners thoroughly before entering into negotiations with them – this allowed them to understand each partner’s needs better so that they could craft more effective offers during negotiations. Additionally, doing research ahead of time gave them confidence going into negotiations because they knew exactly what kind of deal would be beneficial for both parties involved.

 #3: Be Prepared To Walk Away Finally, it’s important not to get too attached during negotiations as this can lead you down a path where you make decisions based on emotion rather than logic or reason – something which can be detrimental when negotiating high-stakes deals!

The founders of Sinaptiq kept this advice in mind throughout their negotiation process; if an offer wasn’t beneficial for both parties involved then they were prepared walk away from it without hesitation or regret – something which ultimately led them towards more successful outcomes overall!

 By following these three key strategies – believing in yourself, doing your research beforehand and being prepared to walk away if necessary – anyone can overcome imposter syndrome and successfully negotiate high stakes deals just like the founders of Sinaptiq did! With enough dedication and hard work anything is possible; all it takes is believing in yourself first!

📫 Find out about each guest and be the first to know when new shows drop when subscribing to the ICL newsletter! (subscribe on right side of page). Catch the podcast with Diana Andritchi and Andrei here or on YouTube.