On the Importance of Words 1

I think about words a lot. Not just what we say, but how we say it, when we say it, and most importantly, why.

It’s something I come back to often when I’m writing anything meaningful – whether that’s an email, a WhatsApp message, a pitch… The act of writing gives us space. We can think, self-censor, edit. I can optimise every word until I’ve shaped what I believe is the best possible version of what I want to say. It’s incredibly intentional.

But speaking? That’s a different beast entirely.

When I speak, in real-time conversations or voice dictation, there’s barely enough space to think beyond the next few seconds. Maybe a little longer if I’m lucky – helped along by filler words or pauses – but it’s fast-thinking by nature. Reacting more than crafting, drawing on what I’ve said and heard before.

Daniel Kahneman’s Thinking, Fast and Slow lays this out perfectly: System 1 thinking is quick, instinctive, emotional. System 2 is slow, deliberate, logical. Most of my writing happens in System 2. But the most important conversations usually happen in System 1.

That contrast hit me recently during a negotiation that, if I’m honest, has been seven years in the making. It’s a partnership I could only have dreamed of when I first started the company. I’ve been incredibly patient – careful to build trust, maintain the relationship, and not push too hard. This company in question is synonymous with our industry. What they’ve done represents tens of millions of dollars in development and years of a head start that we simply couldn’t afford to replicate. But because of the strength of the relationship, we’re now on the brink of working together in a way that could fundamentally shift what’s possible for us.

Just over a year ago, an enormous Fortune 500 company pipped us to the post. I remember the call when our ally at this company phoned up and cautioned me that a press release was imminent. “That’s fine,” I choked. As is often the way with larger companies, a budget cycle later and their work in this space has been sidelined. Their partnership is on ice.

Once the dust had settled, I went again. After years I could feel the timing was indeed different. I was finally asked to lay out what we wanted. So I did – and I didn’t hold back. I wrote a full view of how we could win together, including one particular request: exclusivity. I knew it was a big ask, but from my side, it wasn’t about dominating – it was about reducing risk. Earning something defensible.

The CEO pushed back, as I half-expected. So I suggested we jump on a call.

Here’s where the difference between fast and slow thinking came into play. I didn’t go in with a line to hold. I didn’t say, “We need exclusivity or we walk.” I just talked honestly about the real concern. If we go all-in on integrating their technology and someone else comes in later with more leverage or volume, we’re toast. Our entire effort could be marginalised. And if that happens, we’re fucked.

You could feel the shift in the conversation. It clicked.

Suddenly, we weren’t debating the word “exclusivity” anymore. We were problem-solving together. Within minutes, they were offering ways to give us the protections we needed – effectively solving the same issue, but in a way that worked for both sides.

What struck me afterwards was how close we came to missing that breakthrough – all because of a word. If I’d stuck to slow-thinking, writing carefully worded emails, trying to make the case from a distance, we might have missed the moment entirely. But speaking honestly, and trusting the relationship, gave space for something better.

There’s a risk with slow thinking – you can over-optimise, over-edit, and lose the human part. Sometimes it’s better to stop hiding behind carefully crafted words and just get on a call, look someone in the eye (or at least the camera), and say what you mean.

Because at the end of the day, the words matter.
But the why behind them matters even more.