Comment on Ask HN: Someone wants to buy my side project, How do I decide on the price?Comments−HockeyPlayer15yBasic negotiating strategy will tell you that you should force him to name the first number.But consider a different way. Pick a price that you'd be happy to sell at, and name that price. If he takes it, try not to regret asking for more.−petervandijck15y1. Pick a price you'd not be happy with. (say, 200$)2. Pick a price you'd be very happy with. (say, 1,000,000$)3. Now try to find the minimum price you'd sell it for that should lie somewhere in between those. (say, 5,000$ or $20,000).4. Ask for three times that. (15,000$ or $60,000).5. Negotiate.
Comments
Basic negotiating strategy will tell you that you should force him to name the first number.
But consider a different way. Pick a price that you'd be happy to sell at, and name that price. If he takes it, try not to regret asking for more.
1. Pick a price you'd not be happy with. (say, 200$)
2. Pick a price you'd be very happy with. (say, 1,000,000$)
3. Now try to find the minimum price you'd sell it for that should lie somewhere in between those. (say, 5,000$ or $20,000).
4. Ask for three times that. (15,000$ or $60,000).
5. Negotiate.