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Sunday, June 8, 2014

Negotiation and Deal-Making Interview - Jorge Quinones

Jorge Quinones – Owner | CEO
www.izonorlando.com

iZon Networks, LLC


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Background
Jorge Quinones has been an entertainment business owner,
producer, manager, consultant, and production assistant for more than 15 years.

After studying the Entertainment Industry, and getting his Bachelor of Science degree in Entertainment Business, from Full Sail University in Winter Park, FL, he immediately began working for, and now owns, the nation’s first hyper-local
Independent Internet TV network, while developing and producing broadcast quality TV shows, promotional and marketing videos, commercials, and assisted on many projects in the Central Florida area.

Jorge has also worked as a model, stage technician and provided voiceovers for promotional videos.

Recently he has been producing video content for My iZonOrlando - eNews Show, as well as producing promotional videos for businesses and charitable organizations.

Jorge has written and published articles, taken photos and shot video for major entertainment event organizations, and is published online, social media and other media outlets.

Interview Questions

How do you personally separate the person for the problem? 

Every situation is different. I like to enter any situation well informed. Once I have all the facts, I can use this to my advantage when negotiating a deal. I try not to allow emotions on a deal but can use ones emotions when negotiating.

Is there any time where you felt that separation was near impossible? 

Yes, of course.

Did you overcome that and how? 

Yes, I was able to over come it. By listening to the person and knowing the situation I was able to overcome it by giving a little bit on my end by still making an offer that would benefit us both.

What are some ways you try to identify the underlying interests during a negotiation? 

Like I stated before, I always like going in any negotiation well informed. Knowing exactly what it is I need to make a good enough deal that I can live with whether for myself or for a client I represent and by listening during our conversations leading up to an offer I can use options to close on a deal. Listening is definitely a very important if not the most important part of any conversation and negotiation.

What are some probing questions you use to find out these interests? 

There are many ways in getting the answer you seek when negotiating a deal. Honesty in my opinion is the best policy. I always ask true questions in what it is I need to make my end work, and I ask questions that of what my client needs and that of all parties included in the negotiation process. Finding the underlying cause of it is what is working for me.

How do you weigh out the mutual benefits in a negotiation? 

I like to do my part in making the project a go. I enjoy on working on many different projects so by allowing my self to be flexible and by truly finding out what the client needs or wants I can begin weighing out our mutual benefits to get the project green light.

Can you describe a time where finding a mutual benefit was difficult? 

Just about in most cases when it comes to money this comes up in any or all negotiations. 

How did you overcome it? 

I can say that even with a contract and the job/service rendered collecting the money also can present itself with difficulties. In fact, I am currently going through this very thing. Where I was under contract to get a project completed and our part was to edit a wedding video, that was shoot by another contractor almost a year ago and my job was to re-connect with the wedding client, and allow my service to do. I had to get to know the wedding client, get the original video shot from the wedding, and make this process seamlessly for the wedding client. I used my contacts to even get the wedding client to an Orlando event free of charge which made her very happy, then I worked with her along the way to getting her wedding video finally completed for the original contractor make everyone extremely happy. The issue came when it was time to collect and my contractor all of a sudden didn’t want to pay what I was contracted to do. I had to work out a deal on payment options so I could collect and make payment to my editor and team members. 

Do you have any negotiation tips or tricks you use to make a negotiation go smoothly? 

No tricks but my tip would be, be honest to yourself first and that of your team members. Research your customer/client and have a conversation/meeting and listen. They will tell you everything they want. You have to listen and do your best to work within their budget. Allow your experience or expertise help guide you through the process keeping professional along the way. Allow yourself some flexibility but also be firm in what it is you need to make the project a go. Work with the client as best as you can and be ready to say no if it does not work for you as well.

In regards to a BATNA (Best alternative to a negotiated agreement), have you ever been in a situation where a BATNA occurred? 

Yes, I allowed myself to withdraw from a deal but my team, which I use a sub got the gig, hiring me on their team, which in the end I ended up making out a bit more. 

Can you describe the time this happened and what are some learning experiences from this?

Actually, this just happened on my latest gig, which I just got back in town from and now I’m answering these interview questions.