When You Make a Deal, Be Clear About the Intent

Whenever you make an important deal, quickly follow up with a short memo. Identify what you think is the “spirit” of the deal, the big picture. Do this whether the deal comes with a written contract or is simply a verbal agreement.

Doing so will prevent a great deal of trouble and heartache in your career. You’ll avoid arguments, prevent embarrassment, and save yourself a lot of money.

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