I once worked with a worldly gentleman who gave me some great advice. “Never put yourself in a position where you owe something to someone.”
What he meant was, never place yourself in a position where you owe someone a favor. If you do, they’ll likely take advantage of you because you’re in a position of weakness. I have taken this advice to heart, especially in matters of business.
So, maybe I let my guard down this time. Or maybe I was duped.
To explain, let me backtrack, because this story starts a little while ago…
A Foolproof Plan, or So I Thought
Just a few months into our new life of freedom, we realized we needed to get hold of a drone. Every second place we visited was ideal for drone footage. What an addition these videos would be to our website!
So we came up with a plan. We researched several drone suppliers and contacted one about them lending us a drone to review. We’ll call them Company X, one of the largest drone businesses in Australia.
I sent them a killer proposal, listing details of what we would do for them and the benefits for Company X. They loved it!
In the proposal, I had stated that both parties would review the agreement in six months. If both parties were happy:
- Company X would refund their $1,000 bond,
- We’d keep the drone and continue to promote them on our website and social media channels.
If not, they’d refund our bond and we’d return the drone. So I covered all bases and clearly stated each party’s role in the agreement.
I was also careful to add that we would be promoting their product to a demographic who have lots of disposable income, were tech-savvy, but had not yet caught the “drone bug.”
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