Salary Negotiation Coach
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A service that provides real-time coaching during salary negotiations by having an expert listen in and guide candidates via text messages or other discrete communication methods during live negotiations.
Key Points:
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Real-Time Coaching Setup:
- Expert listens in during negotiations (via speakerphone or video call)
- Provides live guidance via text messages
- Coaches what to say and how to respond
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Key Benefits:
- Professional guidance without revealing coach's presence
- Helps avoid common negotiation mistakes
- Increases confidence during negotiations
- Can significantly increase final compensation
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Revenue Model:
- Take percentage of the additional compensation secured
- Split the earnings increase achieved through negotiation
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Proven Concept:
- Similar to having a lawyer listen in during legal proceedings
- Can use same approach as traffic court example where lawyer texted instructions
- Helps navigate corporate compensation structures (bands, out-of-band compensation, etc.)
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Target Market:
- Job seekers negotiating new offers
- Employees discussing raises
- People uncomfortable with negotiation
- High-stakes compensation discussions
This is based on a discussion between Sam Parr and others about how helpful it would be to have expert guidance during salary negotiations, similar to how lawyers can provide real-time advice during legal proceedings.
Andrew Wilkinson
Co-founder of Tiny
Wilkinson is the co-founder of Tiny Capital, which owns companies including AeroPress, MetaLab and Dribble. He is also the co-founder and chairman of WeCommerce, a holding company that starts, buys, and invests in the world’s top Shopify businesses.