Latest / Closing Sales in Nigeria - Sales For The Nigerian Business Person: The Sales and Marketing Blueprint / How to Explain Why You Cost More - Selling Value
Transcript
- 0:00Today on the podcast, I want us to discuss or I want us to learn
- 0:06how to push back on price. That's for those of you who are
- 0:09not comfortable pushing back on price, pushing back on the
- 0:14budget. Because the problem is when
- 0:17we're having conversations with potential customers, with
- 0:20potential clients, usually they throw out a figure and a lot of
- 0:24us just take the figure as gospel truth.
- 0:27You're talking with somebody, they said their budget is 5
- 0:29million. Then next thing you're trying to
- 0:31adapt to that five M or they say, you know they spoke to
- 0:36Susan, so and the person quoted 5 million for them.
- 0:40And then because of that, that 5 million figure that the client
- 0:44has put out will now become the anchor.
- 0:47I will now set the context for the rest of the conversation as
- 0:50it flows. Should we be doing that in our
- 0:53business that just because the clients say that five M that I
- 0:57mean get so because of that we should just flow with that five
- 0:59M or whatever price that they put out.
- 1:03Should we be doing out in our businesses or we should learn to
- 1:06push back on the budget, inquire on the budget because it's a
- 1:11serious problem when we take the customers budget as gospel
- 1:15truth. Now whatever the customer says
- 1:17and that's the truth. First of all, is this a
- 1:21realistic attitude to have? Then when the customer just
- 1:24gives you a figure, you will just blend.
- 1:26You will just roll with it. Don't you know that sometimes
- 1:31the customer is just throwing this figure?
- 1:32Meanwhile the figure is out of date?
- 1:35Honestly, when I was in the event space, I used to get that
- 1:38a lot. I'll be talking to a bride and
- 1:40she'll say, ah no, that my sister for video is 250.
- 1:45We paid. You say 250, you say yes, now
- 1:48you say when? Yeah, she got married four years
- 1:51ago. That is why now it was 250K four
- 1:54years ago. Sometimes your potential
- 1:58customers, your clients, they're just throwing out figures.
- 2:01The figure is out of date. So yes, somebody gave her a
- 2:05figure. OK, no problem.
- 2:06The person said 5 M press her small, you'll find out that
- 2:10somebody told her 5 million two years ago.
- 2:15Is it realistic that somebody has out of date market
- 2:18information on a 2 year old quote?
- 2:21They threw the thing out. You didn't ask any questions.
- 2:24You just started trying to adapt.
- 2:26You just started trying to blend to their own, to their own
- 2:29circumstance. There's somebody that I was
- 2:33coaching yesterday, she sells solar for one of my clients and
- 2:39I told her to push back. You don't believe one of the
- 2:42people who called him. The guy said 10 to 16,000,000.
- 2:45I hope you don't mind Sir. How did you arrive at that
- 2:47figure? By the time we dug into it, now
- 2:50just guess, Now just guess the guy, they guess he saw the
- 2:55advert, he was interested in solar, so he clicked on it.
- 2:59And honestly speaking, he selected 10 to 16,000,000 just
- 3:02because, you know, now random guess the guy, if you say 10 to
- 3:0616 sounds just about right. But of course, by the time you
- 3:12start discussing now, you will see that the thing, the system
- 3:15that the guy actually wants to install far exceeds that.
- 3:20Sometimes people are reaching out to you, dear Nigerian
- 3:23businessperson, Nigerian salesperson.
- 3:25They throw out a figure. The figure is out of date.
- 3:29It's something that somebody told them last year, their
- 3:31sisters, brothers, uncles, second wives, cousin told them
- 3:35that figure 2 years ago. And since then, in their head,
- 3:39that has been the figure that is good for your own business.
- 3:42But you didn't ask. Sometimes it's just a random
- 3:45guess. The guys saw you guys online and
- 3:47he just thought 10 to 16,000,000 just like that.
- 3:54When you don't push back on these sorts of situations, can
- 3:56you see the kind of difficult situation, the kind of hole that
- 3:59you're putting yourself in just because you're not asking
- 4:02questions? Sometimes somebody gives them a
- 4:05figure. Your friend will tell them
- 4:07something or the competition will tell them something, but
- 4:11the figure is not accurate or the figure is OK, but it is not
- 4:15an accurate, it's not an accurate comparison.
- 4:20It happens all the time. I've given the example over here
- 4:23on the podcast when we needed to buy roofing sheets or be roofing
- 4:26shingles or whatever they call them for Mumsy's house.
- 4:30I went to one place, somebody told me one thing, I went to
- 4:33another place, somebody told me something that was higher.
- 4:35So of course, I told the second guy that I'm just coming from
- 4:39so, so so and so shop and the person told me that it is so,
- 4:42so, so and so per square, you know, per square meter B per
- 4:45square feet or however it is at the price though shingles.
- 4:51The second person did something I thought was masterful.
- 4:54He said, oh, is it Switzerland or is it blah, blah, blah.
- 5:00In my own mind, I didn't even know that they're different
- 5:02qualities or different caters. I just said, oh, I don't know
- 5:06what's the difference. Then the guy went to go and
- 5:08bring out, see, trust the more men see.
- 5:11But The thing is, the evil guy, I'm sure that somebody taught
- 5:13him this when he was new in the business.
- 5:15But see, that's the reason why when you're selling, when you're
- 5:20trying to improve your business by learning how to sell,
- 5:22sometimes watching other people, you can pick up some ideas
- 5:25because people have some good tips, good tricks.
- 5:28They're just not conscious that that's what they're doing.
- 5:30So the guy just asked me, Shebina, Switzerland or Nah, you
- 5:35know, whatever, please. And I said, oh, I didn't know,
- 5:37is there a difference? And the guy brought them out and
- 5:40honestly, they looked the same. I said, what's the difference?
- 5:44He said this one, Switzerland, this one is oven baking.
- 5:49I say, which one is oven baking? And he explained the whole
- 5:52process that basically you take, is it clay or shaft, whatever.
- 5:58You take these things and you bake it in an oven and it's
- 6:01almost like having terracotta. It's almost like having a clay
- 6:04pot on your roof. Basically.
- 6:06It doesn't just look like it's that brownish clay thing.
- 6:10It actually is a brownish clay thing.
- 6:13Then you brought the other one. So you see this one say yes, he
- 6:17said this one, there's no baking.
- 6:19That is just coating. It's just iron, zinc.
- 6:22Then they just coated this something on top.
- 6:25Then he brought an older sheet and then he showed the sheet
- 6:28look 1. So you see this is a scratch
- 6:30arm, say scratch arm now because the thing looked old.
- 6:33So I felt OK, I scratched the thing came off.
- 6:35So you see, that's the difference between this and
- 6:38this, this one oven baking, this one, we can guarantee it.
- 6:42I can't remember if he said 50 years or 80 years.
- 6:45I said this other one, no guarantee.
- 6:48In fact, this one rainy season, by the time rainy season handled
- 6:51his roof, 5-6 rainy season, the team, you know, the team will
- 6:54judge the peel. Everybody will see that this
- 6:58house that you have that it is not correct.
- 7:01Terracotta or whatever he called it, roofing tile that was just
- 7:04zinc that was under. He now asked me this house that
- 7:08people are building, is it your own house?
- 7:12I said no, it's not my own house, is it for tenancy?
- 7:15I said no, that actually is Mumsy's house and he said I
- 7:19would not recommend that you use this current thing or top
- 7:21Mumsy's house because if you do 4-5 rainy seasons, if you're
- 7:27lucky, everybody will see that this mum sees fine mansion.
- 7:33It's just zinc that was under. It is not proper.
- 7:37You know, I can't remember terracotta or whatever roofing
- 7:39sheet. Forgive me.
- 7:40Those of you who are at the building space.
- 7:44I gave him a figure, he pushed back.
- 7:47He got some more information. He was able to educate me and
- 7:51was able to sell on value because I pushed back.
- 7:55A lot of you will just hear so, so, so, and so.
- 7:58You'll be afraid that, oh, if I don't match this guy, he will go
- 8:01back to the other person. Meanwhile, you match the price
- 8:04you're selling at a loss or you're selling at break even on
- 8:08top information on top a comparison that was not even
- 8:12adequate to begin with. And the way that the IBO guy
- 8:17closed the sale for me was he said if it is this one that you
- 8:20like, no problem. That's the lower quality 1.
- 8:23He said I will give it to you. I will even give it to you as a
- 8:25lower price. But as you take it, as you see,
- 8:30I'm just as you take it, just anything where you see, just
- 8:34just take it like that. I know give you guarantee, but
- 8:37I'll give it to you at a lower price.
- 8:39But if you want this one, Switzerland, this is how much
- 8:43you cost per roofing, whatever, whatever, whatever.
- 8:45So I need to know the square, you know how they do it now,
- 8:51square meters, square, whatever. He wanted to know the size of
- 8:55the house. And then from there, we'll be
- 8:57able to come up with an estimate and then know what that discount
- 8:59even makes sense or not. I ended up buying from him.
- 9:02I can't remember if it was the second or the third person that
- 9:07I went to. Other people did not bother with
- 9:09this exercise. That one was just, you know, so,
- 9:11so, so per square meter, what I'm telling you is real life
- 9:16live Abuja Builders Market go to that's where I went to, not
- 9:24making this thing up. It was me that's the problem.
- 9:31These are the kinds of things that can happen when you take a
- 9:33customer's budget as gospel truth.
- 9:36You don't push back. You don't inquire on the budget.
- 9:42So because they have said they have a budget of 5 million or
- 9:48whatever it is that they said, it doesn't mean we should start
- 9:51acting on it. It doesn't mean that we should
- 9:53start showing them now. Oh, your budget is 5 million,
- 9:55OK, for 5 million, this is what we can do.
- 9:57No, what you should do, especially when people come to
- 10:02you, they already have a very specific budget.
- 10:05You don't know where this budget came from.
- 10:07Ask questions. The answers to the questions are
- 10:11going to determine the next thing that you will do.
- 10:15Remember, just like whiz Mabel Bros when we're trying to buy
- 10:18roofing sheets from Mumsy's house, he asked questions.
- 10:21The answer to the questions determined what it was that he
- 10:24did next. It determined the kind of
- 10:27presentation that he gave. It determines the kind of
- 10:31clothes that he would use. Somebody comes to you with a
- 10:35very specific budget. Ask questions.
- 10:38The answer will determine what you do next.
- 10:42By the way, if you'd like to connect with me, you can call
- 10:44me, send me a text message or WhatsApp message on 08064662140.
- 10:51If you're interested in a 15 minute sale audit or you want me
- 10:54to look at one of your business processes, call me, send me a
- 10:57text message or WhatsApp message on the same number, 08064662140.
- 11:04Or if you just want to join my WhatsApp channel, then WhatsApp
- 11:07me on the same number. Or if you just want to say hi
- 11:09because some of you say I love the podcast, I just want to say
- 11:11hi, then yeah, do that and that'll be cool.
- 11:15Either way, I love having a chat with people who listen to the
- 11:18podcast. So if you're discovering the
- 11:20podcast the very first time today, I hope you're going to
- 11:23call me, send me a text message or WhatsApp message.
- 11:26No point in repeating the number again.
- 11:29So now what kind of questions are we going to ask?
- 11:34Some of you be afraid of this, just like the sales lady that I
- 11:40was coaching yesterday. But if you think some of these
- 11:43things are too direct, you can use modifiers.
- 11:46Modifiers are just ways of softening the blow.
- 11:50So for me, the way that I modify the question is I say, oh, I
- 11:54hope you don't mind me asking, how did you arrive at that
- 11:58figure? When somebody says my budget is
- 12:015 million, you need to push back.
- 12:04You need to know how did they arrive at that figure.
- 12:07That's all determine what we do next.
- 12:10So excuse me. So more modifiers.
- 12:13I hope you don't mind me asking, how did you arrive at that
- 12:17figure? They hear what it is that they
- 12:20have to say. If it's one of those situations
- 12:22that the price that they gave her was accurate, but that's the
- 12:27price that her uncle's wife's second cousin's best friend's
- 12:32second wife told her two years ago is Then you educate and say,
- 12:36ah, Madam, was it not two years ago while we in the Chernobyl
- 12:41regime back then? And then you will start to
- 12:44educate or you start to distinguish accordingly.
- 12:48But you have learned some information because you push
- 12:51back another way. Mr. asks Like really 5 million?
- 12:58Somebody gave you a quote for that figure.
- 13:01You just say it like that and keep quiet.
- 13:03And then you hear what the person has to say like that.
- 13:05Igbo Brasu tackled me. That was his attitude.
- 13:11That was like somebody gave you a quote for that figure.
- 13:14And then his next question was Shabina, Switzerland, or, and
- 13:17then the conversation moved from there.
- 13:19But you just even if you just say it like that, really
- 13:21somebody give you a quote for that figure and you keep quiet,
- 13:24you hear what is the person has to say, But the person says yes,
- 13:28now yes, I'm coming from another shop.
- 13:32It is my cousin shop. Something, something, something.
- 13:34That's the reason why he gave me that figure.
- 13:35OK, no problem. You've learned some information.
- 13:38The person got it from another shop.
- 13:42So now you know that there are multiple quotes on the table.
- 13:45You're not just the first person that he's talking to and the
- 13:47other person is quoting the low ball figure.
- 13:50You have some extra information. Another thing that I like to do
- 13:55is when somebody throws out a figure, especially when the
- 13:58figure is ridiculous. I say that sounds like a very
- 14:01good price, very, very good price.
- 14:04If not me for take up. And then I now flip it back on
- 14:08it on the person. See, if you trust that person,
- 14:11how come you haven't taken the offer Then I keep quiet.
- 14:16Last year when I was coaching another solar salesperson, this
- 14:18was a tactic that he needed some help with the call.
- 14:21And that's the Kung Fu that I pulled on the other guy.
- 14:24The other guy was insisting on 8.
- 14:26What they were negotiating was around like 12.
- 14:29So I told him now look, see this 8 million that you're saying you
- 14:33got a quote for that It's the guy said yes.
- 14:35I said you trust the guy. You guys say yes, that it is my
- 14:38brother Gong Gong. That's what he said.
- 14:40I'm quoting him. He said my brother Gong Gong and
- 14:44I said, OK, if it's your brother, you trust the you trust
- 14:48the quote. How come you haven't taken the
- 14:51offer? Now in the guy laugh, he begin,
- 14:53they laugh. That's when conversation
- 14:55changed. We continue talking.
- 14:57It turned out my brother Gong Gong was not really his brother
- 15:01nor his blood brother. It was just somebody that a
- 15:05friend in church introduced him to.
- 15:07The person is, you know, that kind of like from the same
- 15:09village, you know, so it's not really zip.
- 15:11But when he was answering me, he said my brother had gone gone.
- 15:14That's what he said. The guy emphasized it.
- 15:17My brother and I said, OK, that 8 million for this setup is
- 15:21good. If you trust the guy, why are
- 15:24you not taking it? Now?
- 15:28You can push back, but remember, keep a conversational no be
- 15:31fight. All right, It's not a fight.
- 15:34So that's also something I do. That sounds like a good price.
- 15:37If you trust the person, how come you haven't taken the
- 15:39offer? You now stand here and the story
- 15:41change. There's only one person that
- 15:45I've told that to their say, oh, OK, you know what, I think I
- 15:47actually will. I said OK, sure, no problem.
- 15:51I'll call you back in a couple of days just to find out how
- 15:54things went. Would that be OK?
- 15:55Say yes, I called the person back personally answer.
- 15:59I said, OK, I say, of course you won't answer.
- 16:02You try yourself and you probably got burned anyway.
- 16:08Maybe that's just me doing bad belly.
- 16:11Maybe he tried it and everything worked out fine anyway.
- 16:13You never know. But only one person has taken me
- 16:16up on offer to said, you know what, actually, all right, let
- 16:18me just take it. Either way, the number that the
- 16:22person called, if it doesn't work for you, it doesn't work
- 16:24for you. If it works for somebody else,
- 16:26let the person go and do business with somebody else.
- 16:29And see, this is one of the reasons why I say sales is
- 16:31important and deal flow is important.
- 16:32You should always be talking to people.
- 16:34You should always have lead flow.
- 16:35You should always have deal flow because you know, if there's you
- 16:39know the attitude, there's more. There's always fish in the
- 16:41market. So like, OK, you don't want to
- 16:43do business. No, I have no problem.
- 16:45I'm cool. Another person will call or
- 16:49tomorrow I'm going to go and visit another person.
- 16:51So you won't tell the person that but in your mind you
- 16:54understand, in your mind I'll be attitude like OK, this one will
- 16:57click, no problem tomorrow, tomorrow is another day.
- 17:02There's always fish in the market.
- 17:04And then this thing that Nigerian business people like to
- 17:06say that the one that is my own, God has kept it for me and that
- 17:11kind of attitude. So no problem, you didn't know,
- 17:14click end of my own. Now the one way, the one that is
- 17:17my own, God has kept it for me. I will go front, I'll meet them
- 17:25another way. You can push back on price 5
- 17:28million, Are you sure that it covers XYZ?
- 17:33You now mention that extra, whatever it is that is a
- 17:37distinguishing feature in your own, in your own business,
- 17:42similar to what the Iboga I did because remember the guy say 5
- 17:44million, yes, sorry, not 5 million, but whatever figure it
- 17:48was said because I can't remember it was such a long time
- 17:50ago. I say yes, I'm coming from
- 17:53somebody's shop. And then you say, oh, is this
- 17:55Switzerland or is it? So in this case, you can say 5
- 17:58million, say yes, that 5 million, Are you sure it covers
- 18:03authentic oven baked? Something, something, something.
- 18:06And it's not just roof coating. You say which one is oven baked,
- 18:10which one is roof coating will now give you an opportunity.
- 18:13But sure, that's another way you can push back and you can get
- 18:15more information. 5 million, Are you sure it covers XYZ?
- 18:22Another wing? Somebody call 5 million for you,
- 18:24say 5 million. Wait, wait, see, what exactly
- 18:29are you trying to do with this 5 million?
- 18:31You just ask first you're trying to figure out the nature of the
- 18:34problem or trying to figure out the scope of the problem.
- 18:37You might find out that maybe you are the one that was looking
- 18:39too big. You are looking at the project
- 18:41as a big, big something. But by the time and they
- 18:43explain, you will see that it actually is a small something
- 18:46and that 5 million works for you, say, oh, OK, If it's just a
- 18:50matter of doing like this, doing like this, OK, I have no
- 18:53problem. Now, 5 million, it's OK.
- 18:55If it's like that, no problem. How many are you carrying?
- 19:00Let's not talk too much. If it's 5 million, that picture
- 19:02is OK. How many are you carrying?
- 19:04Because it happens. It has happened to me once
- 19:06before, just once. Anyway, somebody called the
- 19:09figure, and then I asked. And then by the time I realized
- 19:14that, oh, this one, there's no work involved, you know, by the
- 19:18time I called the other boys, they say, ah, now OK, like
- 19:22collect this thing or let's be going that.
- 19:24You sure? I say, yes.
- 19:25So now what did guys say that? And we'll just go on site.
- 19:29We interview the people. Once we interview the people, we
- 19:32will hand over the footage. The guy would do all the editing
- 19:35and everything by himself. And this is the price that the
- 19:38guy called. So a guy you sure?
- 19:40I say, yeah, I asked the guy now that that's what he said.
- 19:42They say, oh God, call the guy and collect this thing, that
- 19:45this is a one day job. We will not spend up to five
- 19:48hours in the field. Go and collect it.
- 19:52And I called the guy back and I was smiling to the bank.
- 19:55Excuse me, Mafia was, you know, sometimes a project can look
- 19:58small and then people are just trying to play a fast one on
- 20:01you. By the time you collect it,
- 20:02they'll now say, you know, we suppose, we suppose, oh, I
- 20:07forgot or that we suppose and I forgot and can you?
- 20:10That's where all the query will start.
- 20:13You collect 10 million from somebody by the time they say,
- 20:15oh, can you, we suppose we whatever you now find out that
- 20:18you collected 10 million. But then at the end of the day
- 20:20to execute the job paying all the extra boys now and
- 20:23everything, maybe you now spent like like maybe like 9.7 at the
- 20:28end of the day. Is it 300 K that you carry home
- 20:30to Madam? I said that you carried boys,
- 20:33you mobilize the whole squad. You went into the field, you had
- 20:36to go and shoot there. At the end of the day is only
- 20:38three 100K that came back on top that big invoice.
- 20:44Bon, somebody can say my budget is just 5 million and say yeah,
- 20:48really. OK, this 5 million.
- 20:50OK, no problem. Like what exactly are we trying
- 20:52to do? Sometimes you ask the money is
- 20:54enough for you. OK, good.
- 20:55Take it sharp, sharp and then smile to the bank.
- 20:59Or if the figure is unrealistic, you now educate the guy that OK,
- 21:03look boss or Madam see based on what you said this and this and
- 21:06this actually is the ideal setup you should be looking for.
- 21:09And this is a much more realistic cost cost.
- 21:13Another way you can push back somebody's my budget is 5
- 21:16million, so 5 million. Oh, OK.
- 21:20I'm curious what kind of warranty or what kind of
- 21:22guarantee is is this other person giving you for the
- 21:26amount? Remember that IBO boy?
- 21:28That's right, IBO guy that I spoke about, you know, it's the
- 21:31same thing. Remember, warranty and guarantee
- 21:34entered into the conversation. He said for that lower grade
- 21:37that what you see is what you get.
- 21:38That's you take anything where you see that, you know, you're
- 21:41your own. But then if it's this one that
- 21:44is Switzerland, I can't remember if he said 50 years or 80 years.
- 21:48Well, anyway, some high amount like that.
- 21:50All in my mind, I was wondering this guy 80 years because I was
- 21:54looking at him as like, you know, you're a senior man now
- 21:56and you're saying 80 years, we'll be around in 80 years.
- 21:59You know, sorry, forgive me. I know that sounds pretty
- 22:03morbid, you know, to say, but that's what I was thinking in my
- 22:05mind that you're giving me 80 year guarantee.
- 22:07But as I'm looking at you now, Olga, he's looking at you.
- 22:10Clock out in the next. Anyway, let me not say too much
- 22:13so that people won't think I'm morbid.
- 22:17So we have 5 million, OK, What kind of warranty, What kind of
- 22:19guarantee is the guy giving you for that amount?
- 22:23Somebody else say 5 million if you're on the solar space or
- 22:26whatever you're selling, if you sell infrastructure equipment
- 22:30and stuff, 5 million. Are you sure this person is
- 22:34buying from the original equipment manufacturer?
- 22:37Because we are, there are lots of third party resellers
- 22:41distributors or Nigeria made, you know, standard organization
- 22:44of Nigeria blah, blah, blah. Yeah, you can get that from a
- 22:47lesser amount. But for this particular setup,
- 22:50Are you sure this person is buying from the original
- 22:52equipment manufacturer? For those of you who've been
- 22:55listening for a while and you remember the fellow, I was
- 22:57talking to you from China, the one who sells construction
- 23:04equipment and heavy machinery, you know, Sino Hollow trucks and
- 23:07all of that. So that's the guy's thing, you
- 23:10know. Are you sure he's buying from
- 23:12the original equipment manufacturer?
- 23:14Because I am on ground in China. I know these companies.
- 23:22I go to these companies. In fact, today I was at so, so,
- 23:27so and so company. So anything that we give to you
- 23:32will come directly from these companies in China.
- 23:37You can go and check our place in Maotu, you can check our
- 23:40place in Suruleria and blah, blah, blah.
- 23:41Every single thing you see there is because I am here in China
- 23:46and we have sent that thing down street.
- 23:50I'm the one who made sure the things got on the port here in
- 23:53China. That's the reason why we're
- 23:55doing WhatsApp call because I'm not in the country at the
- 23:58moment, I'm in China. So this person, I quoted you 5 M
- 24:02for this truck. Are you sure he's buying from
- 24:05the original equipment manufacturer?
- 24:08Go and ask the guy first. When people finish com, let's
- 24:10talk. Then another approach.
- 24:16This is one that people use in consulting when somebody throws
- 24:19out a figure. You say 05 million, OK, no
- 24:21problem. These are the ideas that we've
- 24:23discussed. So what part of this proposal
- 24:27are you willing to remove? This is the approach. 5 million.
- 24:33Oh, sure, no problem. We can work with the 5 million
- 24:35budget. But if it's five M, we can't
- 24:38cover everything on this bouquet.
- 24:40We suppose. Pick and choose.
- 24:42So Olga, which one would you pick?
- 24:44Which one would you choose? Which one would you remove so
- 24:47that we can bring everything down to 5 million?
- 24:50Because this bouquet where I arranged for you like this, this
- 24:53bouquet don't pass 5M SO5M is your budget.
- 24:56Oh, cool. No problem, Sir.
- 24:59No problem. Mommy, we can't do that.
- 25:01Which part will you remove? So you see, if you're
- 25:09discovering this podcast for the very first time that there are
- 25:12different ways that you can push back.
- 25:16That's the reason why it's important to listen to stuff
- 25:18like this. Listen to my podcast.
- 25:20It doesn't have to be my own podcast.
- 25:21Listen to any good podcast, Nigerian podcast or able podcast
- 25:25that deals with these sorts of things.
- 25:26But the general strategies that we have been exploring so far
- 25:31are like this. Number one, there's the
- 25:34discovery approach in sales. There's something that we call
- 25:38discovery qualification and discovery qualification and
- 25:41discovery is when you ask questions about the person, you
- 25:44ask questions about the opportunity, you ask questions
- 25:47about the problem, you ask questions about the vision
- 25:50because there's always a person who is in front of you.
- 25:53There's always an opportunity or a context in which the person is
- 25:56operating. Then people are generally
- 25:59dealing with two things. They're either trying to solve a
- 26:01problem or they have a vision that they're trying to achieve.
- 26:06So back to me on the roofing thing, the problem might just
- 26:09be, look, mumsy's on my neck. I'm tired of this woman on my
- 26:12neck shy. Let me just get this thing done.
- 26:15So some people come out this thing from, you know, problem
- 26:18Mango. There are some other children,
- 26:21good children, who'll be thinking mom sees house, the
- 26:24house, you know, you suppose, you know one in town that people
- 26:29will see this thing and say that no, no, no, no, no, that me too.
- 26:34I must have children that would do something for me, you know,
- 26:37that kind of thing. So no matter what kind of
- 26:39product or service you have, some people are looking at it
- 26:42that oh, I have a problem. I have a problem.
- 26:44Some people are looking at like, oh, there's this ideal vision
- 26:46where the poor shoe I must execute.
- 26:48You just ask questions around that.
- 26:51That is what we call discovery. So part of the strategy has been
- 26:55we're trying to just ask questions or figure out what
- 26:57kind of problem are these people actually trying to solve that
- 27:01they're just throwing out five M.
- 27:03What kind of problem are they trying to solve first?
- 27:06What do you actually need to solve?
- 27:08Or what is the vision that they're aiming for first?
- 27:10We'll discover it before. We will now enter the whole
- 27:13level of OK, this 5 million is accurate.
- 27:16Whether you know whether this 5 million go walk or a no go walk,
- 27:21then scope alignment, it's kind of similar.
- 27:23Scope just means, yeah, how I defined it now scope, scope
- 27:27scope guy. OK, Scope is how how wide I be,
- 27:31how wide or how far reaching is this project?
- 27:33How wide of how she is supported.
- 27:35When we ask questions about the scope, we're just trying to
- 27:37figure out, you know how how far apart are we?
- 27:41You might discover the scope and see that, like I said, in one of
- 27:45those situations where somebody wanted us to just record footage
- 27:48and then hand everything to him, you know, given the scope of the
- 27:51project and then the everything, you know, in fact, we were even
- 27:56in surplus. The money that work on were even
- 27:58in surplus because when I spoke to my video guy, the way he was
- 28:01looking at it was like, boss, this thing is a is a one day
- 28:05work. In fact five hours.
- 28:06We don't finish everything. So how far apart are we, our
- 28:13motives, How far apart are we the prices, how far apart are
- 28:16we? Maybe we can make somewhere in
- 28:17the middle, maybe we can meet somewhere that is fine for, you
- 28:20know, both of us. So we're asking questions around
- 28:22scope just to be sure that, you know, the scope is aligned.
- 28:25Then another part of the strategy is that we're asking
- 28:28questions around comparison. What do they actually have on
- 28:33ground? What do they need?
- 28:38It is then we'll now be able to show them that.
- 28:39Look what you have. Or when you spoke to this
- 28:41person, when you spoke to Chukudi or when you spoke to
- 28:44Kelechi, or when you spoke to Shagun.
- 28:46You know what they told you is insufficient.
- 28:52But see, when we're doing this comparison thing, we have to be
- 28:56ready to let some people go. You have to be able to to let
- 28:59some people go because sometimes they've spoken to Shagun before
- 29:03they called you or they've spoken to Cheniere before they
- 29:05called you for share Gun or Fortunery.
- 29:08They might be trying to market penetration strategy.
- 29:10Market penetration strategy is OK.
- 29:11I'm brand new into the market. I need to get some customers
- 29:14quick, quick. So because of that crash, I'll
- 29:18crash my prices so that people will rush me.
- 29:24If Share Gun or Chinery is trying to do market penetration
- 29:27strategy, look, that has absolutely nothing to do with
- 29:30you. So if 5 million is OK for share
- 29:32Gun or Chinery, no problem, let the guy go.
- 29:37If it's that 5 million can work from you but you're trying to
- 29:39get some extra money, OK, I understand.
- 29:41But honestly speaking, if that 5:00 AM doesn't work from you,
- 29:44work for you, let them go. We have to be ready to let some
- 29:49people go. It's not by force.
- 29:51By force. Remember secondary school where
- 29:54they should say first to tire, but that was for, you know,
- 29:59excuse me, you know, for relationship issues, first to
- 30:01tire, you know, you like your babe, the other guy likes the
- 30:03baby. Said first to tire now like I'll
- 30:05try and toast that you to you try and toast that the person
- 30:07who gives up first time that's their own see first to tire it
- 30:10might be OK when it comes to relationship issues you know
- 30:13boyfriend girlfriend you know Brandy and what's her name
- 30:16Brandy and you know the boy is mine.
- 30:20You need to give it up had about enough.
- 30:25It's so that anyway, some of you know this song and but was
- 30:30something that rained back when I was in, was I in secondary
- 30:36school or was I think I was in secondary school back then.
- 30:38So you know, Brandy and what's this girl, this lady's name Now
- 30:41was this musician Brandy? Then there's another musician.
- 30:47I can't remember her name. Anyway.
- 30:49So anyway, that song though, I'm fighting over a guy.
- 30:53So first to tire is OK for personal relationships, but
- 30:57first to tire is not profitable in business.
- 31:00So if Sherwin and Cheney are doing first to tier, drop the
- 31:03price, drop the price, drop the price, allow them, you don't
- 31:07want those kind of customers. We have to be ready to walk
- 31:12away. Then another strategy behind the
- 31:16questions was, you know, kind of like walk away type questions.
- 31:20So that time, you know, when I said oh, like if the offer is
- 31:24this, why didn't you take the offer?
- 31:25That's like a walk away question.
- 31:28You're supposed to show that look me really I have nothing to
- 31:31lose. And you from what you're saying,
- 31:32if you have nothing to lose then why not just take the other
- 31:35person's offer? When you use all these walk away
- 31:37type questions, you actually tease out what is important to
- 31:40the other person. So for the guy that was telling
- 31:42me, my brother Gong Gong, why not take the offer?
- 31:45That's how we now started finding out exactly what was
- 31:48that was important to him. And the reason why he was still
- 31:50talking to us is because my clients company was the more
- 31:54professional 1. So now we can now focus the
- 31:57conversation on value that look, if you really think that this
- 31:59company is the best, is the most professional company, then this
- 32:03is precisely why you should go ahead with this offer for 12.
- 32:10This is the kind of faculty we have.
- 32:12This is the kind of stuff we have.
- 32:13This is our engineering expertise.
- 32:15We have work with the original equipment manufacturers and
- 32:19these are the warranties and guarantees that we stand by.
- 32:22So you have said that we are the professional outfit.
- 32:25This is the reason why these are all the things.
- 32:29So this is 1 on the table. The 12 is the ideal thing.
- 32:33If you must play around with budgets.
- 32:35We also put another budget there which is a 10.2.
- 32:38But of course it's for lesser, lesser panels, lesser batteries,
- 32:42you know, something, something. So it was a while, I can't
- 32:43remember the exact details, but from asking walk away type
- 32:48questions, we're able to now refocus and start talking value.
- 32:53Professionalism is important to you.
- 32:55Or I now pay for it. That's the scope.
- 32:58By the way, this is sales, right?
- 33:01Not everything works all the time.
- 33:04So some of you will hear some of these things and say, oh, that
- 33:06sounds wonderful, that sounds masterful.
- 33:08You go and try the thing won't work.
- 33:09You will now be discouraged. Don't be discouraged.
- 33:12Not everything works all the time.
- 33:14We keep trying it, we keep improving, and then we get more
- 33:17effective over time. But basically, there's nothing I
- 33:20will say on this podcast or there's nothing you will hear
- 33:23from any other podcast or read in any book that will work 100%
- 33:27of the time. There is absolutely nothing.
- 33:29So let's have realistic expectations as we're trying
- 33:32these things out. Then the strategy that the guy
- 33:37used, the EBO guy on the roofing thing was, you know, education
- 33:42and distinguishing, figured out what was going on.
- 33:45And then the guy educated me on what I didn't know before about
- 33:48roofing sheets. Then distinguishing.
- 33:52Distinguishing is when you show that, OK, this is how I am
- 33:58different from that other person or this is how what I have on
- 34:03ground is different from what you saw outside.
- 34:10So back when I was still in events and doing media, OK,
- 34:13well, if any media gigs come, I still take it, but I don't push
- 34:19myself out there anymore, you know, in that kind of industry.
- 34:23But what I used to tell people that look, Olga, Madame, babe,
- 34:28Sir, you know, whatever the proper address, I tell them
- 34:30that, look, I understand that this is what you're used to or
- 34:34this is what you think. But in Abuja, this is how it
- 34:37works. There are boys that can collect
- 34:40anything between 50K and 150. See, this was a long time ago.
- 34:44So don't, don't take my the prices now as reflective of what
- 34:48happens today, but I should educate them and look see this
- 34:50is Abuja. If you want somebody to do this
- 34:52thing for you for 50K, you'll find a person.
- 34:55Just go to UTCUTC is a place in area.
- 35:01How is it now? Should I say area 8?
- 35:03I be area 10 in Abuja where people do lots of photography
- 35:06work, you know, camera work, paint, computer design, posters,
- 35:12frames, you know, things like that.
- 35:14You know, so if you ever need to sort out these sorts of things,
- 35:17you're looking for a photographer.
- 35:19You want to paint your house or you want to design the banner or
- 35:22you want somewhere to design the website.
- 35:23Yeah. If you go to UTC you, you know,
- 35:25you find somebody. So I told him for I would tell
- 35:29them rather that was my specific script in fact, that if you want
- 35:33somewhere to do this work for you for 50K, you will find today
- 35:37anything from 50 to 1 to 150, you'll find them.
- 35:40Models are UTC boys and Olga sister.
- 35:46The truth of matter is those UTC boys are what you see is what
- 35:51you get. What you see is what you get.
- 35:55Make sure you chook your eye on them well and close.
- 35:59Mark them well or else there'll be stories that touch somebody
- 36:05will cry. Either you will cry by the time
- 36:09the job is done, or maybe they will cry because you squeeze too
- 36:13much out of them. But either way, the person that
- 36:16will cry, it ain't going to be me.
- 36:19So I'll educate them and tell them that yeah, no problem, that
- 36:22your price, it works 50K self, you will find just go to UTC 50
- 36:25to 150, no problem. Then there's the middle tier
- 36:28market. These are the people who are
- 36:31between, like the 250 spent all the way to about the 450 spent.
- 36:35That's where guys like me come in.
- 36:38And typically, these are the kinds of things that you can
- 36:41expect. You've seen the samples, you've
- 36:43seen the frames, you've looked at the website, you've seen the
- 36:46sample videos. These are the kinds of things
- 36:48that you can expect. And then there are the top dogs.
- 36:53And then I called specific names.
- 36:54You've been hearing those names on Instagram.
- 36:56You say, yeah, so those kinds of *** if you go to them, you
- 37:02didn't drop at least 750 don't talk to you.
- 37:08So 751 M 1.2, that's like the top whatever.
- 37:13So I used to educate them. So this is how the Abuja market
- 37:15is. It's obvious I'm the first event
- 37:21vendor that you're talking to. So with this information now,
- 37:24why don't you just go out and ask a couple of people, you
- 37:27know, just do some more research and then let's let's talk again
- 37:29next week. So for me, that was it.
- 37:31I'd educate them. Now look, this is the layer of
- 37:33the one. The land is Tier 1 is Tier 2,
- 37:36there's tier 3. When you're talking to tier one
- 37:38people, these are the kinds of things that you can expect.
- 37:41When you're talking to Tier 2 people, these are the kinds of
- 37:43things you can expect. When you're talking to tier
- 37:45three kinds of people, this is what to expect.
- 37:48My own professional recommendation is don't fall
- 37:51below so, so, so, and so, so. I always just advise them that,
- 37:54look, it sounds self-serving, but honestly speaking, don't
- 37:57fall below this middle tier. It doesn't have to be me, but
- 38:01don't fall below this middle tier because if you fall into
- 38:07the hands of the wrong UTC boy, you will cry.
- 38:14You will cry. So anyway, so sorry, excuse me.
- 38:25So those are the strategies behind the questions.
- 38:27So you can do qualification and discovery.
- 38:31We can try and figure out the scope of the project and see if
- 38:34there's any alignment. We ask questions to kind of
- 38:37compare what's going on. We have to be ready to walk
- 38:41away. Please be ready to walk away.
- 38:43Please, please, please, please, please.
- 38:45I'm begging you. There are situations where I
- 38:47didn't walk away, where I was broke and I took the money and I
- 38:49have never been in that situation and I was happy at the
- 38:52end of the day. Never anyway, you never know,
- 38:56maybe a time will come when I take one of those and it works
- 38:59out. But so far like, oh, I'm broke,
- 39:02like I'm really desperate, like I need this money now.
- 39:04Now you know, let me just, you know, sharp, sharp, quick,
- 39:07quick, let me just take this thing.
- 39:09I've I've never been happy at the end of the day, yes, the
- 39:11money has ended up solving one or two problems, but the level
- 39:14of problem that came that came with those kind of jobs anyway,
- 39:19So let me leave you to make that mistake.
- 39:23But now we need to discuss, excuse me, we need to discuss
- 39:28tone. The tone of this thing is no be
- 39:30fights. We're not being combative here.
- 39:33We're trying to be collaborative here.
- 39:36So I'm curious, you know, help me understand, you know, blah,
- 39:38blah, blah. You know, you're working with
- 39:42the person as a partner. So like with that Ebo Bros, you
- 39:44know, his attitude was not like, you know, come on, get away from
- 39:47my shop. You're not serious.
- 39:48You know, he was like, you know, walking with me.
- 39:50We're collaborating now, OK Be like, say, you know, there's one
- 39:54or two things you don't know. So let me, let me catch you up
- 39:56to speed. Let me let you know what's up.
- 39:58That's the kind of attitude when you're asking these kinds of
- 40:00questions. That is how you won't sound as
- 40:03if it's a quarrel, right? Then another pro move about
- 40:07tone. Sometimes silence.
- 40:11So somebody says 5 million. You know that 5 million is a is
- 40:14a ridiculous price if it's face to face, you know, just smiling.
- 40:18So just smiling and nodding your head.
- 40:21You pause for a few seconds before you ask questions.
- 40:24As a pro move. Sometimes the person will even
- 40:28begin to volunteer some information just because you
- 40:31know, nature abhors a vacuum. So you kept quiet for one or two
- 40:33seconds. You know the person who can need
- 40:36to volunteer some more information.
- 40:37In fact, in practice, what most, most people do who try this
- 40:41strategy, what they do is when they hear a lowball offer, they
- 40:44just repeat it back. So somebody tells you 5 million
- 40:48in your head. You know that this is more like
- 40:49an 8 million kind of job. Well, you look at the person say
- 40:545 million, you just repeat it. You shake your head.
- 40:57You didn't say anything. You shake your head, you pause.
- 41:00The customer will now start volunteering, volunteering more
- 41:03information. And then from there, you'll be
- 41:05able to get the extra information that will determine
- 41:08what it is that you do next. But by the way, I'm not going to
- 41:13recommend that any of you try this pro pro move, this silent
- 41:16move, because honestly speaking, it's just for pros because
- 41:19sometimes you're dealing with customers who knows what's up.
- 41:22And you say 05:00 PM, you shake your head.
- 41:25You're not the Madam. She knows what you're up to.
- 41:27She will say, yeah, 5 million. She too.
- 41:30She will shake her head if she does that.
- 41:32Oh, yeah. You don't hook how you escape.
- 41:35So don't worry. All these promos as everything
- 41:38is step by step right now, let's focus on the questions to ask.
- 41:41You know, later on when you are done, you know, you can try some
- 41:43of those classy moves like oh, really 5 million and then you
- 41:47shake your head and then you pause.
- 41:50Then the person will start talking.
- 41:52But anyway, don't play all these psychological games.
- 41:55Just let's focus on the kind of questions that we want to ask.
- 41:57So some of what I'm trying to say is because a customer or
- 42:02potential customer or potential client or prospect has given a
- 42:05price, it doesn't mean we have to jump immediately.
- 42:08It doesn't mean we have to be desperate.
- 42:09It doesn't mean we have to start discounting.
- 42:11It doesn't mean we have to start matching their price.
- 42:15We have other options and the options are these questions that
- 42:18we are going to ask. And plus we need to get better
- 42:21at lead generation. Lead generation just means the
- 42:24skill, right? The skill, the strategy, the
- 42:27tactics of getting other people to raise their hands to show
- 42:31that they might be interested in your product or your service.
- 42:33If we get better at lead generation and we always have a
- 42:36full pipeline as per you know, today I'm talking to people,
- 42:39tomorrow I'm talking to people, next tomorrow there are people
- 42:42that I'm supposed to talk to. Nobody can come.
- 42:44And just when you're up anyhow, you know, it's back.
- 42:48Like, you know, in university, you know, when you know, some of
- 42:52us now we're looking at the hottest girl on campus, you
- 42:55know, but the problem is, you know, she has options now.
- 42:58Club boys, the Porsche one, academic boys, the position,
- 43:02church boys, the position as everybody the position.
- 43:04So for you just an option you can't do anyhow anyhow with her
- 43:09and she will shake because she knows that she has options.
- 43:11So if you have ex and you leave no problem, it's your loss
- 43:14because she knows that tomorrow another boy is going to come and
- 43:16toast her into hostel. So it's the same thing.
- 43:20Get better lead generation. When you have options, you can
- 43:22form, somebody can say 05 million, you know, you can say,
- 43:26oh really? OK, you can flashy them because
- 43:29you know that today before the person came, you're already
- 43:33talking with two or three people.
- 43:34Those two or three people, when at a price, you know, 10121315
- 43:38million, you have options, you're not hungry.
- 43:41Get better at lead generation, the attitude will be OK, no
- 43:47problem. 5 million, no problem. You can go.
- 43:49It's OK, I have other people to talk to.
- 43:51So get better at lead generation.
- 43:53By the way, I'm not saying tell people that you know you have
- 43:56other people to talk to. So we've been talking for 45
- 43:58minutes. Let's make this thing very
- 44:00concrete. Let's make this thing very
- 44:02practical. Now, by the way, applying these
- 44:05principles can be very tricky. So if you need me to look at
- 44:08your own particular circumstance, see how it works
- 44:10in your own business, then call me, send me a text message or a
- 44:13WhatsApp message on 08064662140. If you're interested in the 15
- 44:19minute sale audit, then WhatsApp me on the same number
- 44:2208064662140. Or you can just draw my WhatsApp
- 44:28channel. You stay up to date on things
- 44:30that I'm working on and you know, episodes that we're
- 44:34putting out. So just WhatsApp me on the same
- 44:36number and I'll hook you up. But quickly, let's look at one
- 44:40scenario that I just coughed up just to make it practical.
- 44:44So since yesterday I was talking to someone who is in the solar
- 44:50space about these sorts of things, let's just stick to the
- 44:53whole solar thing. So let's say we're dealing with
- 44:56the founder of a company. So excuse me.
- 45:03So let's say we're dealing with the founder of a company.
- 45:05Let's say his name is Engineer Tunde because, you know, in
- 45:08Niger now. Yeah, how I put it.
- 45:10Anyway, let's just continue. So the founder of a company,
- 45:13Engineer Tunde. So let's say Engineer Tunde, now
- 45:16he's the founder of the company, or let's say he's the head of
- 45:18growth, or he's the CEO or the whatever of the company.
- 45:21So Engineer Tunde is brilliant when it comes to engineering and
- 45:26let's say the name of his company is Safe Vault Solar.
- 45:29So he's brilliant at engineering, but he's kind of
- 45:32frustrated. The reason why Tunde is
- 45:35frustrated is because he likes to use top tier equipment.
- 45:39If he's living on batteries, he wants the best batteries.
- 45:42If it's original, if it's equipment, you know, always
- 45:45original equipment from the the original manufacturer, the
- 45:51original supplier Gong Gong, he doesn't want to be buying from,
- 45:54you know, all these Niger companies here and there.
- 45:56And so because of that, their growth is now, you know, it's
- 46:00not it's not climbing again, it's kind of plateaued because
- 46:05every single time there's a customer engineer, two days
- 46:08price will be high, very, very high.
- 46:11But all the people that they're talking to, you know, they don't
- 46:13mind going to, you know, roadside installers or cheaper
- 46:17people, you know, here and there.
- 46:19You know, it's not easy to it's very easy to enter into this
- 46:22business. All you have to do just go and
- 46:24open a shop in the mall somewhere and then put your
- 46:26signboard, you know, solar and then that's it, you're ready for
- 46:28business. So now let's say that engineer
- 46:30Thunde has sat through a meeting with a high net worth client in
- 46:35Leckie phase one. As the guy gave money, we can
- 46:38see that this person has money that they are dripping,
- 46:41dripping, dripping, dripping money.
- 46:43But you know, some people can be stingy, you know the you know,
- 46:46AKA gum, they don't want to release money.
- 46:48So let's say the client wants to power A5 bedroom duplex, you
- 46:53know with three ACS. But they insist that their
- 46:55budget is strictly 5 million like they don't need as in that
- 46:595 million that that's what they have now.
- 47:01Engineer today knows that a reliable system for that kind of
- 47:05load that we're talking about. Engineer Tunde is comfortable
- 47:08doing it at 8.5, you see. But this is the problem, Chief
- 47:12in Leki saying that his own is 55 million is what he has cash
- 47:16on hand. But Engineer Tunde for engineer
- 47:19Tunde, you know, give me 8.5, I'll hook you up.
- 47:24So let's say in the past Tunde would have said, well anyhow,
- 47:28anyhow, 9 bypass. So let me just collect this five
- 47:30M, you know, and maybe cut some corners just to close the deal.
- 47:37So maybe that was in the past, but now, you know, two days
- 47:39tired of all these things because the problem and that's
- 47:42the reason why I say any time I've done this, I've not been
- 47:44happy. The problem with taking money
- 47:46and you know, it's not exactly what the one Bush I will make it
- 47:49work is question mark always comes up.
- 47:53So all those headaches, we call it after sales.
- 47:57You bought something from someone, the person now calls
- 47:59you to say, oh, it's too, it's too long where it's too short,
- 48:02come and edit it. Or it's too, it's too tall.
- 48:06It's too, this is too, this is too that.
- 48:07Come and do this, come and do this.
- 48:09That's what we call after sales. All these after sales headache,
- 48:12they can't eat profit because like in the solar space, for
- 48:16instance, OK, we're done. The battery has swollen up.
- 48:22You know this and this, you send the boy back your pain,
- 48:24transport new materials, new wires, new this, new that after
- 48:28sales and such. This is such a hassle.
- 48:30So let's say engineer turned him.
- 48:31He's tired of that game. He's not going to do that
- 48:33anymore. Now, what are the kind of things
- 48:34that engineer turned they can do?
- 48:36You can push back. If the engineer says yeah, 5
- 48:41million Antone, they pushes back.
- 48:44And then the guy says, well, I've seen people do it for 5
- 48:46million. So that is my budget.
- 48:49My neighbor did it for 5 million.
- 48:51Tuner can say a smile, so 5 million, or I can start talking
- 48:58and say yes, my friend in VGC did it for this amount last
- 49:04year. You see now the story has
- 49:06changed last year, you've gotten some, Tony has gotten some extra
- 49:10information. He can now start educating the
- 49:13engineer that 5 million last year worked and that in fact I
- 49:17did this kind of project last year at 5 million and this is
- 49:22the reason why I worked at that time.
- 49:24But now dollar is this or now economy is this or now this is
- 49:27this or you know what is what you see?
- 49:29But The thing is we have gotten some more information because
- 49:32the person said my friend in Victoria Garden, VGC is Toria
- 49:35Garden City. I mean, so my friend in VGC did
- 49:38it for this amount last year. We have some more information.
- 49:40So discovery, discovery and qualification or some comparison
- 49:44questions. You know, chief says 5 million,
- 49:48so tunic. Tunic can push back.
- 49:49Yeah, tunic can push by say chief, when your friend got that
- 49:525 million naira quotes, did your friend also add 10 kva such
- 49:57protection? She will say which one is such
- 50:00protection? You say, oh Chief, now see all
- 50:03this, see this your flat screen TV something something,
- 50:06something you know, sometimes never can just bring light back
- 50:09current to be high. If you know put such protection.
- 50:13Chief see all this your fine fine TV all this your fine fine
- 50:15deep freezer, see madam's fine deep freezer everything if you
- 50:18will just blow. Why chief we say oh actually
- 50:21well you know it is true. This deep freezer we just got a
- 50:24brand new because last month one of our deep freezers got
- 50:29damaged. The compressor blows.
- 50:31Chief that is what I'm talking about.
- 50:33So this thing that somebody gave you for 5 million, did this
- 50:36person put 10 kva such protection question or another
- 50:43question, did this person include the five year OEM
- 50:48warranty, original equipment manufacturer warranty as we
- 50:52discussed, you see question, Engineer Tunde can push back on
- 50:58that 5 million. Engineer Tunde can say Chief, 5
- 51:04million for this kind of load, this duplex that I'm looking at,
- 51:08Chief, honestly this is a very good price, very, very good
- 51:12price. Somebody has given you 5
- 51:14million. Chief, if I was you and I trust
- 51:17this installer, I will pay them cash immediately.
- 51:22So Chief, if this is such a good price, you know why?
- 51:25Why are you still talking to me? Like why are we here?
- 51:27Why did you invite me here? Sir, you'll be surprised that
- 51:34the story will start to change. In fact, another able guy pulled
- 51:38his move on me. I will not say what it was I was
- 51:40buying, but I was there with my sister-in-law by the time I gave
- 51:45my price. The guy laugh.
- 51:48The guy say, Bros, somebody gave you that price.
- 51:51I say yes. The guy say I beg, give me the
- 51:55guy number. Give me the person's number.
- 51:59I want to go and buy now, now, now, now, now for that price.
- 52:04Original. If The thing is original, I want
- 52:06to buy now, now, now, if I buy it at this price and I come and
- 52:10sell here, that is good money. Say, Bros, I beg, give me that
- 52:14number. The guy called my bluff, to be
- 52:18honest. I was just making up figures.
- 52:21I was just making up figures. It was not as if anybody gave me
- 52:24that figure. But I called the confident with
- 52:25the full chest. The guys say.
- 52:29The guys say where? Give me the phone number.
- 52:32I won't call that guy now, now, now I want to buy now.
- 52:36I will buy 50 pieces now so I can come and sell in my shop.
- 52:44So you know, Tunde can do the education and distinguishing
- 52:48thing. Say, look Chief, see that 5
- 52:52million, I understand that that's all you have.
- 52:53But honestly, Chief, in this lacos of today, there are three
- 53:00different levels of people in the solar market.
- 53:03We have all these roadside people, all these boys where
- 53:05there's the entire Plaza. Anyhow, just push on board all
- 53:09these roadside people. Honestly, Chief, what they do is
- 53:12refurbish batteries. That lithium battery not be
- 53:16brand new. This, this battery not be brand
- 53:18new. That solar panel not be brand
- 53:20new that this that, that not be brand new.
- 53:22No problem, Chief. To be honest, you can go and
- 53:24spend money with any of these boys inside Plaza. 5 million, no
- 53:27problem. Don't hook you up.
- 53:30In fact, I won't saw somebody last month, not even 5 million,
- 53:35your own kind of house, 2 million to hook up the whole
- 53:37thing. But Chief, just know that those
- 53:40kind of boys, every year you'll be fixing something.
- 53:44Chief, I can assure you every single year you will be fixing
- 53:48something. Then Tier 2 people, you know
- 53:53those ones and then they sell standard stuff, but really they
- 53:57don't offer any after sales support.
- 53:59So if you invent our blow the teen on blue like you've paid
- 54:03them, they don't, it's not their concern.
- 54:04Again, you have to go and find somebody else to sort them out
- 54:08or if they're going to sort you out, you know, to collect extra
- 54:10money from you. So those Tier 2 people and you
- 54:12know, OK, it's OK, their work is standard, but no, no after
- 54:16support. But in chief, there's a reason
- 54:19why in this lucky area, I, I'm #1 tier one people are people
- 54:26like me. And then I also like to call
- 54:28names at that point because I'm trying to put myself in a
- 54:31certain class if I'm not used to strategy.
- 54:34So like me and I'll call two or three other names.
- 54:37We buy directly from the original equipment manufacturer
- 54:41straight Germany, China, India, blah, blah, blah, blah.
- 54:46We buy direct. And then these are the sorts of
- 54:50things that we offer. These are the warranties and the
- 54:53guarantees and this is the level of after sales service that you
- 54:56can expect. So Chief, if you insist on 5
- 55:01million, to be honest, if I want to be desperate, I can do it at
- 55:05a 5 million. But if it's like that, cheaper,
- 55:09no warranty, no guarantee, if the battery swells in six
- 55:12months, my hands are tied, anything will happen.
- 55:16My hands are tied. In fact, Chief, I don't want to
- 55:20spoil my name. I don't to do that kind of work
- 55:22anymore. So Chief, you know what, if it's
- 55:23like that, 5 million just go and do without other person.
- 55:26But anything that happens, you know it happens.
- 55:28So Chief, is that the risk that you are willing to take?
- 55:32Keep quiet and hear what it is that Chief has to say.
- 55:40Or today can push back trying to get the scope of the project,
- 55:48trying to make sure that you don't want aligned.
- 55:50So Chief, 5 million, are you saying honestly even that 5
- 55:54million is the only thing that you have in your hand right now?
- 55:57No problem. If I'm going to hook up this
- 56:00duplex, what are you willing to remove, Chief?
- 56:07I'm going to remove the AC from the solar.
- 56:09The AC will just be on NEPA direct.
- 56:13Because chief, if you put everything on this setup and
- 56:16what we do is 5 million, if Nepal is bad by 2:00 AM in the
- 56:21night, everything will just cease.
- 56:23Everything will just go off. Chief, I can't give you 8.5
- 56:28million value for 5 million without something giving away
- 56:33something that's the give way. So Chief, 5 million is a budget.
- 56:36OK, no problem. Let's look at your house now,
- 56:39chief. So which one are we removing?
- 56:41Is the AC that will remove from the solar.
- 56:44IB is the freezer that will remove but we have to remove
- 56:48something. IB will remove washing machine,
- 56:51we gas to remove something. So you can see using the solar
- 56:59example that there are lots of options.
- 57:02You don't have to jump, but if there's something that I said
- 57:05before that I want to emphasize again, let me just repeat it.
- 57:08Lead generation, please. Lead generation, please.
- 57:12Let me say it the third time. Lead generation, please.
- 57:15A lead is anybody who has done something to show that they
- 57:18might be interested in your product or your service.
- 57:21What are you doing for lead generation today, tomorrow,
- 57:24next, tomorrow? You need something on ground
- 57:29because if Chief is the only person that you're talking to
- 57:31this week, nobody called you last week.
- 57:34You didn't visit anybody the week before.
- 57:37In fact, Chief is the second person that you're talking to in
- 57:40the 12 weeks since the year began or more.
- 57:44You'll be desperate because you can't keep going home to your
- 57:49spouse. You know they're supporting you.
- 57:51Meanwhile, you're not dropping anything.
- 57:54It's somehow you need to work on something for lead generation.
- 57:59So whether you're producing content online, whether you're
- 58:01giving people flyer, whether you're attending networking
- 58:04session, whether look, whatever it is, you need to be doing
- 58:07something good. Lead generation will give you
- 58:10confidence so that if chief walks away, you will know that
- 58:16don't worry, before today close, two or three other people will
- 58:19call you. Or if chief walks away, no
- 58:23problem. I am chatting to four or five
- 58:25other people in WhatsApp. You won't be desperate then
- 58:29remember no be fights. OK, collaborative.
- 58:33Then you know, we're in Niger. So of course respect your elders
- 58:37and respect people who are in a all I put it, you know, when
- 58:43you're in a selling situation. Now the, the our relative social
- 58:46status is, is is different. But I'm not in support of people
- 58:52being boy boy, being houseboy and being yes, Sir.
- 58:55So it's no, yes or no, whatever. But we respect people.
- 58:57You know, Olga, you know, chief Madame, you know, deaconess, you
- 59:02know, Doctor misses, I dress them well and be polite, but of
- 59:07course, you also be direct. You'll also be assertive.
- 59:11So just use that cultural factor.
- 59:12You know, respect everybody. Ah, Olga, you know, blah blah
- 59:15blah. And I trust you know what I'm
- 59:18trying to say. I'm just saying that shall be
- 59:19respectful. But don't be boy, boy.
- 59:21Don't be house. Don't be house boy.
- 59:23If you can't think of any modifiers 1 modifier uses.
- 59:26Oh, I hope you don't mind me asking.
- 59:28So I just say it like that. Oh, Chief, sorry.
- 59:32Please. I hope you don't mind me asking.
- 59:34OK, hope you don't mind me asking.
- 59:36Madam Hope you don't mind me asking.
- 59:38Oh, Doctor. Mrs. Hope you don't have.
- 59:40You don't mind me asking, Chief. Doctor.
- 59:42Pharmacist and yes, people like that exist.
- 59:45They really do exist because there's one time now I was still
- 59:49in Greg's back then, I had learned how to drive.
- 59:53So any small excuse, I should just carry Mumsy's car.
- 59:57So that's how I said I was going to let you know.
- 59:59So by the way, I don't live in Lagos anymore, I'm in Abuja now.
- 1:00:03So that's how I carry Mumsy's car.
- 1:00:04I said oh, that when you're going.
- 1:00:07I can't remember which estate she said that just passed
- 1:00:10through. Was it Dolphin Estate?
- 1:00:11I can't remember. Anyway, pass through this
- 1:00:13estate, I'm going to give you to doctor, Misses, Chief
- 1:00:16Pharmacist. Something, something, something,
- 1:00:17something, something. I said Mom is unnecessary.
- 1:00:20She said, look, have I have told you she is doctor Chief
- 1:00:24pharmacist misses something, you know, MFM or Mr. or something as
- 1:00:31in the title was plenty. In fact, Mom said, look, give me
- 1:00:34the envelope I collected. She took it back.
- 1:00:38My mom now wrote out everything as it was.
- 1:00:42And I said, OK, no problem, mommy, I'm cool.
- 1:00:45But I was, you know, now when you're young, you feel as if you
- 1:00:48know everything. And I just thought no problem
- 1:00:50now, like because I knew some of momsy's friends and I know that,
- 1:00:52OK, they're cool. So I just assumed that this one
- 1:00:54will be cool as well. So that's how I got to the
- 1:00:56house. Very correct house.
- 1:00:58Very very correct house, you know Ding Dong doorbell entire
- 1:01:04side, you know the house girl left me in very correctly is
- 1:01:07very plush, very easy everything, but I'm comes down
- 1:01:10looking very regal. I saw good morning Ma Madam
- 1:01:14addressed me as in she shot me down as it was written on the
- 1:01:18envelope. That is how Madam said it.
- 1:01:21Chief Doctor misses pharmacies FMR something Federal Republic
- 1:01:26of Niger, whatever she just said it like that.
- 1:01:29That is Chief Doctor misses something to you.
- 1:01:32I said, oh, I took dressing. I said, oh, I'm terribly sorry,
- 1:01:37Ma. I caught myself saying my again.
- 1:01:39I said I'm terribly sorry. I repeat the whole thing.
- 1:01:41So yeah, those kind of people exist, so we should be careful.
- 1:01:43I've only jammed one, but yeah, they exist.
- 1:01:48So then last thing, please. I've been saying on the podcast
- 1:01:53a lot, and I'm saying it again, we need to make a shift.
- 1:01:56We should stop being the vendors in our mind.
- 1:01:59Stop thinking of yourself as a vendor.
- 1:02:01You're not a vendor. You're not begging money for
- 1:02:03anybody. You're an expert.
- 1:02:06You hear me? If you don't take anything away
- 1:02:08from today's podcast episode, just realize that you are an
- 1:02:11expert. You're not a beggar.
- 1:02:13You're not a vendor. You're an expert.
- 1:02:16Go for these meetings, advise people well as the expert you
- 1:02:20are on the investment that is required to make this thing
- 1:02:23happen. If you don't take anything away
- 1:02:25from what I've said today, please take this one.
- 1:02:28You are an expert, you know a vendor.
- 1:02:30You're not a beggar, You're not a boy boy.
- 1:02:33You're nobody slave. You have inherent dignity.
- 1:02:38Sorry. You have inherent dignity.
- 1:02:40You have worth. You're a child of God.
- 1:02:42You have value and you're an expert.
- 1:02:44Go there, sit down as an expert. Yes, they have more money than
- 1:02:47you, but you are the experts. Then advise them accordingly.
- 1:02:52Give your expertise on the investment and what is needed to
- 1:02:57move this thing forward. OK, so let me bring it to the
- 1:03:00close. Sorry, I know I've not done a
- 1:03:01one episode in a very very, very long time, but that's it for
- 1:03:04today. So if you got value from today's
- 1:03:06episode and you want to connect with me, call me, send me a text
- 1:03:09message or one type message on 08064662140.
- 1:03:15But either way, please stop jumping every single time they
- 1:03:20throw out. If you go, don't just jump.
- 1:03:23You have options. And also remember, you're the
- 1:03:26expert. You're not the vendor.
- 1:03:27You're a beggar. Sorry.
- 1:03:28You're not the vendor. You're not a beggar.
- 1:03:30Yeah, that's what I meant to say.
- 1:03:32OK, so that's it. Thanks for your time and
- 1:03:34attention. I'll catch you on some other
- 1:03:35time.