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How to Negotiate a Raise With Confidence Step 1: Articulate your value.

By Brittney Castro Edited by Dan Bova

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

Asking for a raise is not a career move to take lightly. How well you present your demands can determine the effectiveness of your negotiations and those in the future. Entrepreneur Network partner Brittney Castro outlines a few simple tips on how to approach the sometimes tricky conversation.

Doing such steps as conducting a self-review can help to create a more amicable discussion. Know what value you bring to the team and consider measurable elements, like meeting sales goals, alongside other less tangible ones, like boosting office morale with your enthusiastic attitude. Castro also advises those asking for more money to define this value. Avoid going into discussions blind by having a specific value in your mind and then being prepared to negotiate that value.

Finally, Castro recommends also practicing your negotiation speech beforehand. Chase out any nerves or doubts by enlisting a friend and doing a practice round. The important part is that you try your best and go in with confidence and the mindset that you may have to try -- and then try again.

Click play to learn more negotiation tips.

Related: 3 Easy Ways to Make More Money

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Brittney Castro

Founder and CEO of Financially Wise Women

Brittney Castro is the founder and CEO of Financially Wise Women, a Los Angeles-based financial planning firm whose mission is to teach women and couples in their 30s and 40s the art of managing their money the fun and simple way.

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