On my last post we discussed how it is advantages to use a climbing analogy for intelligent risk taking by discussing, Accounts Receivable. Next subject:

Accounts Payable

Let’s face it, once someone has saved your ….. you owe them. This is Accounts Payable.

When they come to collect you need to ante up; however, this is a negotiable arrangement. They may ask you to pay up by leaving your cozy spot by the fire to go out climbing with them on a sub-zero day. You may counter with offering to buy them a hot toady. The compromise may be climbing the next day (when it is at least 10 degrees warmer and you buying them lunch).

Although what you end up negotiating over and how they take place may be slightly different than a business deal there are some significant similarities.