een. We agreed that the panel would be about a thousand dollars (which was low for the amount of work) and we started building the panel. Now, up to this point, the window was going to be a cash deal, very straight forward, very clean. But once I had half the window cut out, her husband decided to get into the act and turned the deal into a trade. He was very aggressive in his negotiating skills and I was a wimp. He beat me down on price from $1000 to $300. Why I ever agreed to that change still confuses me, but then he In the past, we've, of course, had many occasions to make cash deals on our stained glass art and occasionally we've had a chance to barter our stained glass art for goods and services. Over the course of years, we've had some barters and trades that worked out well, but many trades seemed to go sour.

Most started out with each party having the best of intentions to do right by the other, but our experience's were that each time the trade or barter was made, our stained glass went right out at the start of the trade and then we usually got our part of the trade after the fact. As a result, the folks we traded with were always sure of what they were getting, but we never seemed to know exactly what we would get, so we ended up getting disappointed most times.

As we've entered into these non-cash deals, we've developed three simple rules or guidelines to help us avoid the bad deals, while leaving the door open for the good ones.

Rule 1 : What To Trade For

We've learned that if we're not careful, we could end up trading away all the work we could possibly do and leave ourselves with no more materials to make more glass pieces. So this first rule helps us to avoid trading away more than we can afford. As stained glass artists, we know that 10 to 20% of the retail price of a window is the cost of the materials that go into the window and the rest of the price reflects the cost of our labor and some profit for the company. So we've adopted the policy that we never trade away the cost of the window. We will make a trade, but not at our own expense. So when we make a deal, we agree that at least 10 or 20% of the trade be in cash, to cover the cost of materials. And we put the cash back into the business for the purpose of purchasing replacement goods. This keeps us from losing on the deal, in the event that what we trade for ends up with little or no value to us.

Back when we first started doing windows, we had a friend who wanted a specific design. She drew a sketch of a very nice pattern which was an amalgam of three different designs she had seen. We agreed that the panel would be about a thousand dollars (which was low for the amount of work) and we started building the panel. Now, up to this point, the window was going to be a cash deal, very straight forward, very clean. But once I had half the window cut out, her husband decided to get into the act and turned the deal into a trade. He was very aggressive in his negotiating skills and I was a wimp. He beat me down on price from $1000 to $300. Why I ever agreed to that change still confuses me, but then he t

e and then we usually got our part of the trade after the fact. As a result, the folks we traded with were always sure of what they were getting, but we never seemed to know exactly what we would get, so we ended up getting disappointed most times.

As we've entered into these non-cash deals, we've developed three simple rules or guidelines to help us avoid the bad deals, while leaving the door open for the good ones.

Rule 1 : What To Trade For

We've learned that if we're not careful, we could end up trading away all the work we could possibly do and leave ourselves with no more materials to make more glass pieces. So this first rule helps us to avoid trading away more than we can afford. As stained glass artists, we know that 10 to 20% of the retail price of a window is the cost of the materials that go into the window and the rest of the price reflects the cost of our labor and some profit for the company. So we've adopted the policy that we never trade away the cost of the window. We will make a trade, but not at our own expense. So when we make a deal, we agree that at least 10 or 20% of the trade be in cash, to cover the cost of materials. And we put the cash back into the business for the purpose of purchasing replacement goods. This keeps us from losing on the deal, in the event that what we trade for ends up with little or no value to us.

Back when we first started doing windows, we had a friend who wanted a specific design. She drew a sketch of a very nice pattern which was an amalgam of three different designs she had seen. We agreed that the panel would be about a thousand dollars (which was low for the amount of work) and we started building the panel. Now, up to this point, the window was going to be a cash deal, very straight forward, very clean. But once I had half the window cut out, her husband decided to get into the act and turned the deal into a trade. He was very aggressive in his negotiating skills and I was a wimp. He beat me down on price from $1000 to $300. Why I ever agreed to that change still confuses me, but then he

ding away all the work we could possibly do and leave ourselves with no more materials to make more glass pieces. So this first rule helps us to avoid trading away more than we can afford. As stained glass artists, we know that 10 to 20% of the retail price of a window is the cost of the materials that go into the window and the rest of the price reflects the cost of our labor and some profit for the company. So we've adopted the policy that we never trade away the cost of the window. We will make a trade, but not at our own expense. So when we make a deal, we agree that at least 10 or 20% of the trade be in cash, to cover the cost of materials. And we put the cash back into the business for the purpose of purchasing replacement goods. This keeps us from losing on the deal, in the event that what we trade for ends up with little or no value to us.

Back when we first started doing windows, we had a friend who wanted a specific design. She drew a sketch of a very nice pattern which was an amalgam of three different designs she had seen. We agreed that the panel would be about a thousand dollars (which was low for the amount of work) and we started building the panel. Now, up to this point, the window was going to be a cash deal, very straight forward, very clean. But once I had half the window cut out, her husband decided to get into the act and turned the deal into a trade. He was very aggressive in his negotiating skills and I was a wimp. He beat me down on price from $1000 to $300. Why I ever agreed to that change still confuses me, but then he

own expense. So when we make a deal, we agree that at least 10 or 20% of the trade be in cash, to cover the cost of materials. And we put the cash back into the business for the purpose of purchasing replacement goods. This keeps us from losing on the deal, in the event that what we trade for ends up with little or no value to us.

Back when we first started doing windows, we had a friend who wanted a specific design. She drew a sketch of a very nice pattern which was an amalgam of three different designs she had seen. We agreed that the panel would be about a thousand dollars (which was low for the amount of work) and we started building the panel. Now, up to this point, the window was going to be a cash deal, very straight forward, very clean. But once I had half the window cut out, her husband decided to get into the act and turned the deal into a trade. He was very aggressive in his negotiating skills and I was a wimp. He beat me down on price from $1000 to $300. Why I ever agreed to that change still confuses me, but then he

een. We agreed that the panel would be about a thousand dollars (which was low for the amount of work) and we started building the panel. Now, up to this point, the window was going to be a cash deal, very straight forward, very clean. But once I had half the window cut out, her husband decided to get into the act and turned the deal into a trade. He was very aggressive in his negotiating skills and I was a wimp. He beat me down on price from $1000 to $300. Why I ever agreed to that change still confuses me, but then he took the cash away from the deal and made it a trade for construction parts that he had lying around. The deal went from bad to worse! I was already committed to the window since the glass was cut, so I allowed the deal to go downhill. I ended up spending $300 on solder for the window (solder had temporarily jumped in price) and I got what the husband valued as $300 worth of construction parts. They really were pretty much worthless. But the deal taught me several valuable lessons. The most important was rule one: Know What To Trade For. I had learned to spell out what the trade was to be, how much cash would be involved, and to get a deposit or the entire balance of the cash part of the deal before cutting any glass.

Another instance vividly illustrates what NOT to trade for. We've learned that whenever someone comes to us for classes or to get a stained glass window built and they start whining about cost, or acting "poor mouth" and then they advance the idea of a trade, we ALWAYS lose on the deal.

April was a good example of this type of bad deal. She came and started to take classes. But she immediately began wondering if she could make payments instead of paying for class up-front. We agreed and then the next week, she advanced the idea that maybe she could trade for half of the cost of tuition. We asked what she had in mind and she told us about these beautiful candles she made. So we decided to allow the trade. She traded us two candles which she felt were worth the $40 of class she was trading for. I would have valued them at $10 total, but we'd already entered into the trade and felt committed. So we allowed to let the trade stand. The candles, while overvalued on her part, also had another problem. They stunk! We couldn't be in the same room with them and we gave them away to someone who didn't find them offensive. That deal started out badly and we allowed it to continue, not putting an end to it when we began to feel taken advantage of. We've since found that all those type of deals have been bad for us, both in the trade itself and also in the