Latest / Closing Sales in Nigeria - Sales For The Nigerian Business Person: The Sales and Marketing Blueprint / No More Excuses: How to Get Paid on Time
Transcript
- 0:00Hello and welcome to The High Table.
- 0:03This is the Oracle's chamber, the inner sanctuary, the
- 0:07Conclave of the elders, where we talk about sales, we talk about
- 0:10money, we talk about tactics, we talk about marketing strategy,
- 0:14business growth, and solving business problems.
- 0:17And today on the show, I want us to look at how to.
- 0:19Deal with delayed. Payments.
- 0:23You're talking to somebody and you're trusting that the person
- 0:26will transfer you some creepsy money in two or three days.
- 0:31You want your account to hear PIM, but then the payment is
- 0:36getting delayed and delayed and delayed.
- 0:38Today we're going to talk about how to deal with that.
- 0:40We're going to talk about how to deal with postponements.
- 0:44You're talking with somebody. You are assuming that, OK,
- 0:46Monday you go mobilize so that we'll start.
- 0:49But then the person on Monday now says, you know, you get one
- 0:53thing, you get one thing, and then you're now getting
- 0:56frustrated. Like how far?
- 0:58I thought Monday we were moving then we're also going to learn
- 1:01how to deal with lack of advancements.
- 1:05For those of you who listen to the podcast regularly, you'll
- 1:08remember that an advancement is when you and the other person on
- 1:12the other end of the phone, on the other end of the e-mail, at
- 1:15the other end of the business meeting, at the other end of the
- 1:17negotiating table, whatever it is, when both of you agree
- 1:20solidly that this is going to be the next step.
- 1:23So how do you secure advancements and how do you make
- 1:26sure that if you secure advancements that people live up
- 1:29to it? Because honestly speaking, if
- 1:32you are not setting advancements, if you're not
- 1:35agreeing on what the next step is going to be, and if you can't
- 1:37hold people to that, this deal is not going to move at all.
- 1:42If you are thinking the guy is going to transfer on Monday, but
- 1:45the guy, even though he said it, he didn't really think he was
- 1:49going to transfer on Monday. You know, whether you like it or
- 1:51not, this deal is going nowhere. This deal is not moving.
- 1:56So these are the sorts of things that we're going to talk about
- 1:58today. Now this is not going to be, I'm
- 2:02not manufacturing a case study today because this one is
- 2:04something that happened live and it's something that happened to
- 2:07one of my former students. So we are going to look at it.
- 2:11But of course, I've kept enough of the details anonymized so
- 2:16that, you know, I don't reveal my students identity.
- 2:20And also so that just in case the customized listening, the
- 2:23customer won't know that, you know, with the gossip arm.
- 2:26And so now let us say we're dealing with, OK, let's say the,
- 2:32let's say the guy's name is Magic Mike.
- 2:35Yeah. So the person now that my
- 2:38students, let's us call him Magic Mike.
- 2:40Well, if you're listening to this and you're wondering Magic
- 2:42Mike, that sounds like me. So yeah, it's exactly you.
- 2:45I'm just using this as a case study to teach other people
- 2:48listening to the podcast about how to handle these sorts of
- 2:50things. So Magic Mike is in the business
- 2:53of book production for clients. Let's just leave it that way.
- 2:57I don't understand anything more.
- 2:59So Magic Mike is in the business of producing books for clients.
- 3:03And let's say Magic Mike is talking to a potential customer,
- 3:09a much more elderly gentleman. So let's call him Odumegu.
- 3:14So Magic Mike and Odumegu, they're having a conversation
- 3:17about book production. Then Magic Mike, who is my
- 3:20former student, sent me this message and the message
- 3:25basically was that he's talking to somebody now about the book
- 3:28deal, and this one is a sweet deal because they're talking
- 3:32about 6 books. So by the time we transfer money
- 3:36up and down, by the way, Magic Mike, he collects his money in
- 3:39dollars. So by the time he collects the
- 3:42dollars, and of course you know how foreign currency is now
- 3:45Forex is nowadays, by the time he collects his money in
- 3:47dollars, you know, whether it's 4000 dollars, $8000.10 thousand
- 3:52dollars, $12,000, you will do the math.
- 3:55By the time you transfer that into naira.
- 3:58Didn't look sweet, I swear. If not, if you've not
- 4:01experienced this kind of thing before, the first time it
- 4:03happens to you, oh, it's orgasmic.
- 4:06Really it is orgasmic. The first time you say you are
- 4:09charging somebody in dollars, and in your mind you're
- 4:12thinking, well, you know, you're thinking, the money is small, so
- 4:16you just charge the person, you know, $6000.
- 4:19You know, you will argue back and forth.
- 4:21The person agrees. OK, no problem.
- 4:23The person will transfer $5800 by the time nothing hits your
- 4:27bank account. Oh, orgasmic.
- 4:30Orgasmic. So this money now is a good one.
- 4:35It's a very, very good one if the thing closes.
- 4:39All right, That's where a lot of us find ourselves.
- 4:42This will be a good one. If.
- 4:45The deal closes. So Magic Mike said they had a
- 4:50conversation and they had the qualification call where he
- 4:55tried to assess whether this guy's a fit.
- 4:58Now, let me take a step back. For those of you who are
- 5:00listening to the podcast Brand new, a qualification call is
- 5:03just what you're trying to find out.
- 5:05Who am I talking to? Do they have a problem?
- 5:08Excuse me? Is it a kind of problem that I
- 5:11can solve? And is it a big enough problem
- 5:14that they're ready to take action?
- 5:16Now, this is an important call to make because if you're
- 5:18talking to somebody who doesn't have a problem, then it doesn't
- 5:21matter whether you follow up this person from now until Jesus
- 5:25Christ comes again, the deal will not close.
- 5:28The person doesn't think he has a problem, right?
- 5:34So we need to know, does this person have a problem and the
- 5:37problem what's solving? Or does this person have a
- 5:39vision and then something is pursuing them to chase down that
- 5:42vision? Because I keep saying on the
- 5:44podcast, and I'll never stop saying it, that no matter who it
- 5:47is you're talking to, the person either has a problem or they
- 5:50have a vision. So if you're in the book
- 5:52production, the problem might be that look, for whatever reason,
- 5:56I want this book published by so, so, so and so date, blah,
- 5:58blah, blah, blah, blah, blah, blah.
- 5:59You know, in that case it's a problem for some other person is
- 6:02that I feel. Called.
- 6:05In my inner soul. I feel like I'm an author.
- 6:07I want to, you know, I want to be up there with Jim, Amanda
- 6:10Adichie. I want to be there with Woolish.
- 6:13I want you to be there. When people call those names,
- 6:15they will Call My Name. So if I'm in book production,
- 6:19the people that you're dealing with either have a problem or
- 6:21they have a vision. Qualification is just where
- 6:24we're trying to figure out what's going on, what's
- 6:26happening. This guy that entered my DM or
- 6:28this guy that has come to my office or me that I've gone to
- 6:31Chief Automaker's office, What exactly is on Chief Odomego's
- 6:34mind? Does Chief Odomego have have a
- 6:36problem like I must deliver these books now, now, now, now,
- 6:41now, this thing is burning inside me?
- 6:43Or does he have a vision like, you know, I'm trying to scale
- 6:47the greater heights so that in the annals of Nigerian history,
- 6:50when I mentioned Willis on cars #1 they will call me Odomego as
- 6:54#2 that is the purpose of a qualification call.
- 7:01You figure out, is there a problem?
- 7:02Is there a vision? What are they trying to achieve?
- 7:04And then most importantly, do I have the skill set?
- 7:06Because if you don't have the skill set, but you're looking at
- 7:09the fact that by the time you charge this guy $12,000, then
- 7:13you translate into naira. You know, the kind of money that
- 7:16will, you know, like even if your wife was crawling with you
- 7:18in the morning, by the time you just show her bank account, by
- 7:21the time they convert the thing to naira, you know, she would
- 7:24just smile. And then the quarrel is
- 7:25forgotten. Well, yes.
- 7:27Magic Mike. Excuse me.
- 7:29Yeah. Magic Mike is a is a married man
- 7:30as well. So he understands, you know some
- 7:32of these things. If you are looking at the money
- 7:37but you don't have the skill set and you collect the money from
- 7:39Chief O Domingo, it will cause quarrel in the future.
- 7:42Definitely it is not Maybe it's not whether you might quarrel or
- 7:47you might not. You will quarrel.
- 7:49The thing is just the nature. Of the quarrel because Chief O
- 7:54Domingo will transfer the money. Excuse me?
- 7:57You will start the work and it will become clear that you
- 8:00either do not understand what Chief or Domingo is trying to do
- 8:03or that you like the skill set to pull you through.
- 8:04So this one is not whether they will quarrel.
- 8:08If you don't have the skill set, there will be a quarrel.
- 8:11The only thing we're now wondering is, would the quarrel
- 8:13be big or will it be small? That's all.
- 8:15But there will be a quarrel. So please listen.
- 8:19The purpose of the qualification call.
- 8:21You're trying to make your life easier.
- 8:24If you can't do, don't do. And this is what I tell people,
- 8:28if you can't do but you know somebody else who can.
- 8:31Pick up the phone, call this other person and say, my guy,
- 8:33what's up? How you doing now?
- 8:34It's been a while. The guy will say hi, this one
- 8:36that you don't call that you call me to the waiting room.
- 8:38Say no money. Now say OK, talk.
- 8:40What's going on? What's happening?
- 8:42It's OK. You know this chief will do a
- 8:43goodness. I've been know the guy now that
- 8:45politician and say yes. And the guy wants to write a
- 8:47book, but, you know, it's not something I can do.
- 8:51I think it's the kind of thing that you're going to do.
- 8:52And the guy was, you know, 'cause he's in Nigeria.
- 8:55So I know, no problem. So how we go run up and then you
- 8:57tell the guy your terms. OK, See, you know what, this is
- 9:01the kind of thing that I would have charged this guy $12,000.
- 9:06So you go ahead, charge him 18. And then the remaining maybe 12
- 9:13and 18 difference is 6. The remaining $6000 you try, you
- 9:17transfer it to me as Commission, then you and yoga you argue back
- 9:20and forth, you will agree on something that makes sense, and
- 9:23then you now transfer Chief Odomego to him because he's the
- 9:27one that has the skill set. There's less chance of quarrel.
- 9:30It is better for you to do this and then collect $6000 clean
- 9:38with no quarrel now to try and collect the $12,000 complete
- 9:42from Chief Odomego. And then later on, you start to
- 9:45quarrel and then you now tarnish your reputation.
- 9:48If you don't have the skill set to do this or if you don't have
- 9:51the inventory, that's for those of you who sell physical goods
- 9:54and all done. If you don't have the inventory
- 9:56and you don't have a way to secure that inventory, good
- 10:00quality one at the right price. Right price, please free it.
- 10:03Either Free Chief or Domingo and let him go or call up somebody
- 10:07who can collect your 10%. For those of you who like to
- 10:12say, no, I don't agree in 10%. I do it because of God.
- 10:15Yeah, it's fine. We can do it because of God.
- 10:17It's OK, I'm just saying that when you're a married man, that
- 10:19extra 10% comes in quite handy. I remember the first time, this
- 10:24was a long time ago, before we had my first son.
- 10:27So this is well over 10 years ago when I did my first referral
- 10:33and then the person sent me 80,000 naira.
- 10:36I thought to myself, 80,000 naira because I didn't ask for
- 10:40anything. All I did was made some
- 10:42introductions. I mean, nowadays 80,000 Naira is
- 10:45nothing, but I'm talking about a time when to fill my car.
- 10:49My, I don't know that jalopy back then, the Toyota Corolla.
- 10:54Yeah, to fill my Toyota Corolla back then to fill up the tank,
- 10:56you didn't used to reach like 3-5 or something.
- 11:00So back then and by the time my son was born, the expensive
- 11:03diapers like the real expensive stuff, Huggies, expensive ones
- 11:09to buy Huggies for one month was 7 K back then.
- 11:13So the fact that I made one or two phone calls and somebody
- 11:16just wired me atk like that, I said, eh, OK.
- 11:20Not bad. So anyway, something to
- 11:23consider. So Magic Mike has called Chief
- 11:27Otomo and they've had the qualification call.
- 11:31OK. So by the way, during the
- 11:33qualification call, it's OK. Also, especially when you're in
- 11:40a creative endeavour, it's OK to also size up the personality of
- 11:44the person that you're dealing with because like me now, for
- 11:47instance, I mean consulting. So if somebody's a quarrelsome,
- 11:52cantankerous person, honestly, I can't deal.
- 11:55I can't make it happen. This is also the point of the
- 11:58qualification meeting. For those of us who are in the
- 12:01creative space you will just know that this money is good but
- 12:07based on the personality of who it is I'm talking to like Kai
- 12:11this will be a drag. I can't make this thing work.
- 12:16Now there was 1 photographer that I knew back in the day who
- 12:20he thought this one job was going to be hard.
- 12:22The person came to him so he decided to call a figure that
- 12:25make the person run away. So the guy multiplied his rates
- 12:28times 3. So instead of telling the person
- 12:30300K he told the person and I'll do it for 900.
- 12:32The person say OK account details now the job was still
- 12:36difficult but he said well. For 900 K it was worth it.
- 12:42We quarry, we shout to every every you know.
- 12:44But for 900K no problem, it was worth it.
- 12:49So something to consider. I'm not saying that every single
- 12:53time you're faced with a difficult person, multiply your
- 12:55price, you know, times three. I'm just saying that when we're
- 12:57having qualification discussions, all these early
- 13:01conversations, these are some of the things we're trying to sort
- 13:03out. So if it's something that
- 13:05personality no to no to join, like maybe you're in
- 13:09construction, you're an architect, well.
- 13:13I'll put it you know you deliver.
- 13:15Your plan, you deliver your plan, you start groundbreaking
- 13:17ceremony, you start groundbreaking ceremony.
- 13:19Like they're much more objective criteria that you have to deal
- 13:22with when you're in certain industries.
- 13:24But then you're in book publishing, you know, you're an
- 13:26agent, you're a consultant, you know, I guess personality is
- 13:29also important. So Magic Mike had the
- 13:31conversation with Chief Automegu and it was like, OK, banality is
- 13:35OK. This is a fit the budget range.
- 13:37We discussed some money. So I think we're good to go.
- 13:41Now, the method that Magic Mike used to have this conversation
- 13:46with Chief Automegu was the band method that is BANT.
- 13:52It's an acronym band stands for Budget, Authority, need, and
- 13:56timeline. I'll explain that later, but the
- 13:59thing I just want you to understand is this.
- 14:02Remember. Magic Mike had the conversation
- 14:04with Chief Otomigo and he used a framework to handle that
- 14:10conversation. The problem is a lot of you
- 14:13Nigerian business people, all right, Nigerian sales people,
- 14:17Nigerian entrepreneurs, too many of you are having these very
- 14:20important conversations, an una de freestyle from beginning to
- 14:23the end. I now wonder why is there a
- 14:25problem? If you're.
- 14:28Freestyling there will be a problem.
- 14:32It's not. Whether the problem will occur
- 14:33or not, it's just a matter of how whether it will be a big
- 14:35problem. A small.
- 14:36Problem or a medium sized problem.
- 14:38But there will be a problem. So this is the reason why we use
- 14:41frameworks or heuristics. Heuristics just means, you know,
- 14:45shorthand to help you think properly.
- 14:48Uh huh. Like, remember mathematics back
- 14:51when we were in secondary school?
- 14:53The almighty formula that we use for mathematics.
- 14:56And then this other formula again.
- 14:59What's it called again? Budget.
- 15:00No brackets before multiplication, before division,
- 15:03before subtraction, before addition, before, you know, just
- 15:07a simple something that if you're faced with a complex,
- 15:09complex formula, you look at the ones in the bracket first, then
- 15:13you do the multiplication first, before the division, before the
- 15:16subtraction, before the addition.
- 15:17See, for those of you who are studying maths, I beg novaks, I
- 15:20know some of you will be pulling your hair saying like what is
- 15:23this guy saying? Forgive me, it's been a very
- 15:25long time since I did any of this, but I just remember that.
- 15:29That. Formula.
- 15:30Whatever that formula was, may nothing save my life.
- 15:33You enter. Into exam hall.
- 15:35You see formula anyhow bracket symbol, symbol symbol you just.
- 15:40Your heart's now being Bing Bing beam.
- 15:41You just remember almighty formula, Almighty formula
- 15:44bracket before addition before this.
- 15:46So I know I've gotten the order wrong but I think saved my life.
- 15:50So just. Like in mathematics or in any
- 15:53other discipline, It's the same in sales.
- 15:56We also have frameworks as well. We also have heuristics as well
- 15:59to help us to reason something. Well, reason this thing through
- 16:04to. Think I'm well.
- 16:05Digest everything well. Assess the whole situation.
- 16:11Now this. Particular method banned BANT
- 16:14budget authority need and timeline is not as safe as the
- 16:17best. If this is your.
- 16:21First time hearing it and you start doing some research you
- 16:23will find about other frameworks.
- 16:27But. Sorry, forgive me, I have a
- 16:28cold. But the reason?
- 16:30Why I taught Magic Mike Band is just because it is simple.
- 16:33It is easy. Anybody can remember BAN?
- 16:36T band and then it only has four criteria. 4 criteria is easy to
- 16:40remember since it's easy to remember.
- 16:43Even. If somebody.
- 16:45Calls you and you're on the treadmill.
- 16:47You can be. By the way, I don't recommend
- 16:48this. Don't take the phone call while
- 16:50you're on the treadmill because it sounds funny.
- 16:53It sounds like you're in the. Middle of doing a whole bunch of
- 16:55stuff you shouldn't be doing right?
- 16:57So somebody calls pause the treadmill.
- 17:00Pause your. Stopwatch, get off and then have
- 17:02the conversation with the customer.
- 17:04By the time you're done, you get back on the treadmill, you
- 17:06finish your workout. But if you're on the treadmill,
- 17:09you can be having a conversation in your head.
- 17:12You can be working on the treadmill Zoom.
- 17:14Zoom, zoom, zoom, zoom, zoom and in your mind.
- 17:16You'll be thinking B budget oya. May I ask the guy about budget
- 17:20zoom? Zoom, zoom, zoom, zoom a.
- 17:23Authority. Oh yeah, let me ask the guy
- 17:24about authority Zoom. Zoom zoom, Zoom Zoom N.
- 17:28Need. OK, let me ask the guy about
- 17:30need zoom. Zoom, zoom, zoom T.
- 17:33Timeline. Oh yeah.
- 17:33Let me ask the guy about timeline.
- 17:35So by the time you're having conversations like that budget
- 17:39or money conversations, authority conversations need
- 17:42conversations, timeline conversations, you'll find out
- 17:46that you're covering good ground to be able to decide whether
- 17:51this is a good person to work with or not.
- 17:54So whether you're a book agent, whether you're a real estate
- 17:56agent, whether you're an architect, whether you're a
- 17:58business consultant, whether you're a brain surgeon, you know
- 18:02these conversations need. To be.
- 18:05Had, but we'll explore what the band is later.
- 18:11Then. Magic Mike also noted that one
- 18:14was having the conversation with Chief Odomega after.
- 18:17The. Conversation Chief Odomega was
- 18:18sent over six books. And of course.
- 18:21Usually Magic Mike is dealing with people usually 11 book,
- 18:24maybe 2. But this one, the guy sent 6 and
- 18:28then Magic Mike said he analyzed three of them initially.
- 18:32Then after. Analyzing those three, he now
- 18:34spoke to the client and the client said, no, it's not 6.
- 18:41Actually it's 7. Excuse me, it's seven books that
- 18:45I want to produce. I'm preparing the manuscript.
- 18:47The manuscript is almost ready. So you still remain oneself that
- 18:50I will send you. Now, let's stop here because of
- 18:54course, the conversation that I had with Magic Mike, you know,
- 18:57was, was plenty. Well, let's just stop here
- 18:59because there are a few questions arising.
- 19:01First of all, what is banned #2 how come this guy sends six
- 19:05books? And then what are the
- 19:07implications for how we continue Now?
- 19:09I hope you guys are tracking with me so far.
- 19:12Now Banned, like I said, is an acronym it stands for.
- 19:17Excuse. Me acronym is when you just take
- 19:19the initials of something and you put it together and you
- 19:22can't pronounce it as one word. But actually it stands for
- 19:24several other things like NEPA for those of us who were born
- 19:30late 70s, early 80s. So NEPA is Nigerian Electricity
- 19:35Power Authority, so that's an acronym and EPA.
- 19:38So the same thing with band. Now band stands for budget
- 19:41authority need and then timeline.
- 19:44If you're trying to write something down now, it's OK,
- 19:46that's not a problem. You can always replay the
- 19:48podcast later. And then plus I'm going to
- 19:50include this in the short notes. So by the time you're done, all
- 19:52you have to do is just go to whatever podcast player you're
- 19:55listening to, just go to details, go to description,
- 19:58whatever you see the note there, just long press collect.
- 20:02I say collect, long press, select everything, copy.
- 20:05Then you can paste it on your phone.
- 20:07Then you can do research later. So budget, authority, need and
- 20:12then timeline. These are the key things that.
- 20:17Every single. Nigerian business person should
- 20:19be having conversations on somebody slides into your inbox,
- 20:22You should be having banned conversations.
- 20:25Somebody comes into your office, you should be having banned
- 20:28conversations. You go into somebody's factory,
- 20:31you should be having banned conversations.
- 20:34Somebody comes to meet you on the site, you should be having
- 20:37banned conversations. You should be having budget
- 20:40conversations, money conversations, talk money,
- 20:44money, money, talk about. It early, talk about it often.
- 20:48So that you stop the situation where you meet somebody today,
- 20:51you think this one is a sweet deal, you will start to talk.
- 20:54Then after two months, the person will now tell you that
- 20:57you're too expensive. You have wasted two months of
- 20:59your life. Have the budget conversation,
- 21:02the money conversation early, so that if money will be a problem,
- 21:06let the guy tell you on day 2 that you're too expensive, you
- 21:09will move on and look for somebody else.
- 21:13Do you hear me? I know it's scary.
- 21:16It takes some practice, but budget money, money, money.
- 21:20Conversations early and often. When do you?
- 21:24Do it early. How often should you do it?
- 21:27Often, early and often. Number.
- 21:33One so that you don't waste your time #2 so you don't waste the
- 21:36other person's time. Because trust me, the other
- 21:38person too is also going to be frustrated that he invested 2
- 21:40months in building a relationship with you only to
- 21:43find out that you are too expensive.
- 21:46Now, another reason why we have the money conversation early and
- 21:48often is apart from too expensive.
- 21:51You need to know who you're dealing with.
- 21:56So yes Sir, you're into book publishing, blah blah blah.
- 21:59There are some people unfortunately who don't value
- 22:01what it is you do. As far as they're concerned,
- 22:03250K. We should sort this person.
- 22:05And when they say 250K they mean naira.
- 22:09If your charge is $4000 you need to know the gap between 250,000
- 22:13naira and the $4000 is huge. Then there are some people who
- 22:19in their mind they value publishing, but.
- 22:23You know. Worst case scenario, suppose
- 22:25give them like 3-4 million naira.
- 22:29But then. You charge in dollars, so you
- 22:32charge $4000. Now, the gap between $4000 and 4
- 22:37million naira is not that big. If you talk about money early
- 22:41and often, you now know that OK, you know what?
- 22:45I might come down small, Maybe I can pull them up small, but it's
- 22:49workable. So B budget.
- 22:54Budget just means money. Does this person have realistic
- 22:58price expectations? Have these conversations early,
- 23:01Have these conversations often, then authority.
- 23:04Who am I dealing with? Is this the person that can say
- 23:09yes? Is this the person that can
- 23:11authorize my payment? Is this the person that can
- 23:14authorize this project to continue?
- 23:17If not, I am talking to the wrong person and that is why I
- 23:21say during my trainings that. Don't.
- 23:23Waste your time talking to houseboys.
- 23:28If you are talking. To the houseboy.
- 23:29Does the houseboy have the authority to say yes?
- 23:35We're going ahead. The answer in most cases is no,
- 23:40but you won't know. What do you ask?
- 23:43There was a time I was trying to do something at the.
- 23:47British High Commissioners, sorry.
- 23:49At British British Council and they put me in touch with
- 23:53someone and they said that that person was the head of
- 23:57residence. Fancy title, eh?
- 24:01But. Still, I had the conversation
- 24:03with the Head of Residence or Chief of residence, chief of
- 24:06residents to find out what her authority was and and I realized
- 24:09that, oh, OK, even though ordinarily sorry for forgive me
- 24:13for those of you who have this job, I'm not trying to downplay
- 24:15you. I'm just trying to put it put it
- 24:17in Niger setup. So head of residents in Niger
- 24:21parlance, we still call you a glorified.
- 24:24Houseboy, I'm sorry. I'm just saying that's what
- 24:27Nigerians think. As in, if I go and tell my mom
- 24:29right now that I've got a brand new job and I'm the chief of
- 24:32residents for the American ambassador, they have the
- 24:39ambassador for America to Nigeria, you know, blah, blah,
- 24:41blah. You know, my aunties will be
- 24:43laughing at me as he, this one after all this school at the end
- 24:47last last night, houseboy. He became a houseboy then.
- 24:50Well, he's a houseboy, but I pay him dollars, you know?
- 24:53You know. Anyway, so sorry, I'm not trying
- 24:55to denigrate your profession, but I had the conversation with
- 24:57her to figure out her authority. And I said, oh.
- 25:00OK, she actually is highly placed.
- 25:02She makes administrative decisions not just around
- 25:06domestic staff, but around contractors and blah, blah,
- 25:08blah. So I knew that it was fine for
- 25:11me to continue talking to her because at the end of the day
- 25:13she had authority to say start. Today.
- 25:18Or authority to transfer. Money.
- 25:23So that we can begin the project.
- 25:26So you should be having those conversations.
- 25:28Authority conversations. Who are you talking to?
- 25:30Can the person say yes? Can the person say no then?
- 25:34Need Nigerians where well anyway everybody has needs
- 25:39conversation, but we just need to get better at need
- 25:41conversation. Need conversations when you're
- 25:43just trying to figure out exactly what is this problem
- 25:47that the person has or what is the vision that they're working
- 25:50towards. Then T timelines we should be
- 25:53having conversations about when are we going to start.
- 26:00When you get. A sense of people's timelines
- 26:03and you get a sense of. All I put.
- 26:06In now, OK, when we say timeline, we also mean urgency.
- 26:11Urgency means is there any particular reason that people
- 26:14have to take action soon? Because you can't be talking to
- 26:17somebody and this deal can be a $16,000 opportunity.
- 26:23But honestly speaking, if there is no pressing reason why the
- 26:26person wants to take action today or tomorrow or next month,
- 26:29you don't have a deal on your hands.
- 26:32You don't. Now I'm.
- 26:35Lucky that after my legal career, because I'm a former
- 26:38lawyer turned business consultant, the next thing I did
- 26:40was events. And in events, timelines,
- 26:44urgency. We learned this one very well.
- 26:46Because. Those of us in events, we get
- 26:49burned by timelines a lot. You talk to somebody, it's a big
- 26:52deal, blah, blah, blah, blah, blah.
- 26:53Then when it's time to transfer the person, say, oh, no, no, no,
- 26:55the event actually is next year. And then you now feel like I
- 26:58need it. Like, what the hell was I
- 27:00wasting my time for chasing this person for three months and then
- 27:04this job is next year. And why in the hell would I want
- 27:07to give him a quote and lock it down at today's price for an
- 27:10event that is next year? So for those of us who are in
- 27:13events, we learned very early timelines.
- 27:17So I'm lucky that I started in events.
- 27:20Because. Also in events when you're
- 27:21hanging around with other people, wedding planners, MC
- 27:24cake makers, caterers, video people, you start seeing how
- 27:28conversational people stylishly fish for this information.
- 27:32Now, one thing that wedding planners used to do, and I
- 27:34started doing that was oh, congratulations, you just got
- 27:37composed to how did you guys meet?
- 27:38Oh, that's wonderful, school abroad, blah, blah, blah.
- 27:41Oh how when is when is the wedding date?
- 27:44You see? You start with how did you guys
- 27:45meet? When is the wedding date?
- 27:48To. Outsiders.
- 27:49It seems like it's just this conversation, but no, the
- 27:51wedding planner knows what she's doing.
- 27:53Excuse me? The wedding planner is not going
- 27:55to invest weeks building relationship with someone who
- 27:59they had. They don't even have a wedding
- 28:00date. That's the reason why wedding
- 28:04planners do all that. Like, Oh well, oh, so nice to
- 28:07see you. Oh blah blah, let me see the
- 28:09ring. Oh, the ring is beautiful.
- 28:10How did he propose 00 blah blah blah?
- 28:13Blah blah blah. Always.
- 28:15Oh, what venue have you guys selected?
- 28:18What venue have you guys selected?
- 28:20Excuse me now question, when is the wedding date?
- 28:22What venue has have you guys selected?
- 28:25The wedding planner is actually asking about tea timelines or
- 28:30urgency. The ring might be wonderful.
- 28:35They might have money, but if they have not selected wedding
- 28:38date, if they've not selected wedding hall, why am I talking
- 28:41to this person? The person says, oh, we haven't
- 28:45selected yet, but we are considering this place, this
- 28:49place, this place. Can you see that?
- 28:51OK, We are considering OK. It's a sign that OK seriousness
- 28:56day. There is hope timelines urgency,
- 29:01please. No matter the the, the
- 29:06discipline, whether you're into books, whether you're into
- 29:08events, whether you're into consulting, whether you have a
- 29:12startup, whatever timelines now, how come this guy sends six
- 29:17books? The reason why this is one of
- 29:20the questions that's arising is if, let's say in your industry
- 29:23now, like in this case, people normally send one or two books,
- 29:26but then you finish your conversation or somebody sends 6
- 29:29before you review anything, you suppose pick up the phone and
- 29:32then boss Chief, you say chief. Chief would make say yes, my
- 29:35son. So I just received your e-mail.
- 29:37No, well, we're talking. I thought it was one or two
- 29:39books, but Chief, you sent me 6. The children now say, Oh yes,
- 29:44yes, yes, my son. Sorry, I forgot to tell you.
- 29:46I sent you 6. I'm actually working on one now
- 29:49and I actually want all of those ones to be published.
- 29:53That's what we're going to be working on.
- 29:56You will ask first before you start to review anything.
- 30:00Because. Magic Mike?
- 30:01I wanted to ask him now. OK, no problem.
- 30:03Chief sent you 6 books. You review 3.
- 30:05How did you know which three to review?
- 30:10Somebody send you 6. Maybe the person is just sending
- 30:12you 6 as per see the breadth of my work.
- 30:17But maybe it is book #5 that the guy wants to publish.
- 30:19If you invested time in reviewing book 1213, can you not
- 30:23see that you wasted your time? But of course I.
- 30:29Didn't tell Magic Mike like that.
- 30:31And that's the. Reason why I'm making this
- 30:32episode so that Magic Mike will hear.
- 30:35And you know, other people will learn as well.
- 30:41So that's also another question arising.
- 30:43How come he sent six? You have to have a conversation
- 30:45with people. Now, Chief, we had a
- 30:48conversation earlier. This is what I thought.
- 30:51You have sent an e-mail and you sent, you sent more than I was
- 30:55expecting. So what are we, what are we
- 30:58doing here? Are we publishing just one and
- 31:00you want my opinion on 6 or you want?
- 31:03US. To do all six.
- 31:04So Chief, like let me know, like what's the plan?
- 31:07Then once you ask, you keep quiet and let Chief Odomego
- 31:10continue to talk from there, from all the things that Chief
- 31:15Odomego says, you will now know how to plan the way forward.
- 31:19So let's continue because it's already 30 minutes.
- 31:22So Magic Mike now continue telling me, give me the gist
- 31:26that in the beginning when I was talking to Chief Odomego,
- 31:28Odomego was saying things like as soon as possible, as soon as
- 31:32possible, as soon as possible. And so Magic Mike was happy
- 31:35because who doesn't want to charge like twelve, $16,000?
- 31:40Look, I'm telling you, the first time nothing happens to you,
- 31:42when you see the equivalent in your account in Naira, I say it
- 31:47is orgasmic. The first time it happens to
- 31:50you, you don't be able to work again.
- 31:53That's the very first time. Now after a while you get used
- 31:56to it, but the first time you'll be able to work again, you know,
- 31:58you stand up, you know, you go to the fridge, you maybe make
- 32:04like Indo mie, you know then you know you fry egg.
- 32:10It's amazing egg. You now fry like maybe 5-6 egg.
- 32:13You know send the gate man to go and buy Fanta for you because
- 32:17you know money has come in so it's not as if you're on
- 32:19emergency mode anymore. You know you watch small film on
- 32:24Netflix. You know you'll be confused at
- 32:28first. You need time to step down, then
- 32:32maybe tomorrow ahead you'll now be able to work.
- 32:34And then of course, you call your wife and you give her the
- 32:36good news. You people thank God you know
- 32:39you, you say prayers. And if your wife is a holy
- 32:43woman, unfortunately for you should start talking about
- 32:45tithe, which is conversation you don't want to hear because you
- 32:48collected 16,000. Dollars.
- 32:51Your wife is now saying we supposed to remove $1600 to give
- 32:55to the church anyway. So maybe if you're married to a
- 33:00spirit filled woman, don't tell her how much you collected.
- 33:02Just tell her that good money came inside.
- 33:04Let's just leave. It like that So what was that
- 33:09so. Chief is saying as soon as
- 33:11possible, as soon as possible, as soon as possible.
- 33:13OK, no problem. But then Magic Mike started
- 33:16noticing that there were a pattern of delays, and this is
- 33:19where a lot of us make problems. I said, make problems, make
- 33:23mistakes. A problem begins to arise when
- 33:27somebody tells you as soon as possible.
- 33:28As soon as possible sounds sweet, but remember, we all have
- 33:30different time frames. For me, when somebody tells me
- 33:33as soon as possible, I'm making today's recording on Wednesday.
- 33:36My own assumption is that by Friday, worst case scenario, we
- 33:40don't start. That is, help me.
- 33:42I understand as soon as possible.
- 33:44Some people say as soon as possible, they actually mean two
- 33:46weeks from now. So I never assume that I know
- 33:53what as soon as possible means. Oh, and by the way, there are
- 33:56some people, those ones are rare.
- 33:57There are some people who say, when they say as soon as
- 33:59possible, What they mean is by the time we caught this
- 34:02conversation, we're beginning immediately.
- 34:06So you need to know who you're dealing with because for those
- 34:09people and those Nigerians are rare who say for them as soon as
- 34:13possible means if we end this conversation at 12:30, by 12:35
- 34:17start on my project, You need to know so that you know you won't
- 34:22be rushed. So when somebody says we're
- 34:25going to start as soon as possible, you say, oh,
- 34:28fantastic, Yeah, I'd love to get on that.
- 34:32No problem. I'll speak to my team.
- 34:34But sorry Chief, just to be sure we're on the same page when you
- 34:36say as soon as possible, what do you mean by that?
- 34:40That is wrong way to ask. I hear what Chief would make,
- 34:43will say. And she?
- 34:45Maybe says, Oh yeah, sounds possible.
- 34:47I want to start in about two weeks.
- 34:49In about two weeks. That sounds good, but don't
- 34:51leave it like that. You will.
- 34:52Now look at your calendar for those of us who have fancy
- 34:55wristwatches. So one moment and my calendar is
- 34:58on my watch. So if he says two weeks from now
- 35:01I just checked my smartwatch, yes.
- 35:03I have a smartwatch. Let me flex on you.
- 35:05Sorry. Hold on.
- 35:09OK, He's back. My calendar closes quickly.
- 35:11So I now say, oh, that, Chief, two weeks from now is the 20th
- 35:15of May. So does that sound about right?
- 35:19You want us to begin by the 20th of May, and then Chief will say,
- 35:21Oh yes, by 20th of May, I would like the production on these
- 35:24books to have begun. Then you will now start working
- 35:28backwards. OK, Chief, no problem.
- 35:30For us to start on the 20th of May, I'll need to mobilize the
- 35:33team. I'll need to do this.
- 35:34I'll need this. So I will need.
- 35:37A. Payment of 80%.
- 35:39So in this case, Chief, I will need you to transfer what is 80%
- 35:44of $16,000 now. I don't know let.
- 35:47Me make it up, let's just say 10,000.
- 35:48So on each transfer $10,000 10 days before.
- 35:55So that means you'd have to make a transfer by the 10th of May,
- 36:01Chief of Domingo. Is that something we can work
- 36:03out? If your Domingo says yeah, it's
- 36:07doable, OK, no problem. You will now be specific again.
- 36:10So OK, no problem Sir. So 10th of May actually is next
- 36:14week Sunday. But you know what, let's how
- 36:17about we just say Monday worst case scenarios, OK, yeah, Monday
- 36:20is fine. Monday is fine.
- 36:21My PA should be around. Monday is fine.
- 36:22OK, fantastic. Then So Chief, I'll be expecting
- 36:25a payment on Monday and our start date is going to be the
- 36:2820th of May. I'll send you an e-mail just as
- 36:31a recap and also send the recap to your WhatsApp.
- 36:34So Chief, will that be all? So yes, that's good.
- 36:36Any other issue or no other issue then caught the phone
- 36:39call. You see, that's how we.
- 36:42Do it. As soon as possible.
- 36:46It's not a date. As soon as possible is not a
- 36:50reasonable expectation. It's not.
- 36:52It just means different things to different people.
- 36:54So whenever you hear as soon as possible and you don't want to
- 36:58get heartbreak, you don't want to hear delay, delay, delay,
- 37:01delay. You ask if when you say as soon
- 37:03as possible, what do you mean by that?
- 37:07Or if you're the Ford type, like me, I can't be Ford.
- 37:10So if somebody says as soon as possible, I say, oh, fantastic.
- 37:13So that means we're going to get started by Friday, right?
- 37:16I mean and. One, I'll push out something.
- 37:18Yes, for some of you it's two forward.
- 37:21Don't worry, you don't have to be like me.
- 37:22I'm just giving you all the options.
- 37:23Number one, you can put the ball in person's court.
- 37:26When you say as soon as possible, what do you mean?
- 37:28What time frame do you have in mind?
- 37:31For me, I'm forward. Some people might even say rude,
- 37:35don't be like me for me, I'm going to put something down so
- 37:37fantastic as soon as possible. So let me if we could get
- 37:40started by Friday and then Chief will now say.
- 37:44Friday. You small boy, isn't all 16,000
- 37:46lbs dollars we're talking about? You want me to mobilize $16,000
- 37:50between now and Friday? Sorry Chief.
- 37:51Now see if you said as soon as possible.
- 37:54Oh. OK.
- 37:54Sorry, Chief. OK.
- 37:55When you said as soon as possible, what do you mean?
- 37:57But either way, I'm trying to force Chief so that both of us
- 38:01can say something concrete as soon as possible.
- 38:04It's not the same thing as saying we're going to start on
- 38:07May 20th. We're starting on May 20th.
- 38:09That one is stronger, especially since you said, OK, to start on
- 38:14May 20th. I need a payment by May 10th.
- 38:17Oh, May 10th is Sunday. No problem.
- 38:19Let's make it May 11th, Monday. So payment May 11th, start date
- 38:24May 20th. That one is strong.
- 38:27If I'm calling chief to follow up to follow through.
- 38:30It's different. I'm not a pest.
- 38:32We. Both agreed together.
- 38:35But if she says as soon as possible, you say, oh fantastic,
- 38:38I'm looking forward to working with you.
- 38:39So you end the call. When you call him on Friday,
- 38:42you'll be wondering, is it too soon?
- 38:44Is it too late? Am I being a pest?
- 38:46Am I being a beggar? Am I too forward?
- 38:47Am I too backward? Will it make?
- 38:51These things as clear as possible.
- 38:54So number one question arising, what does as soon as possible
- 38:57mean? Ask or clarify expectations.
- 39:00Then try to gain an advancement. An advancement just means both
- 39:04of you mutually agree that this is the next step.
- 39:06The closer you can get to putting something on the
- 39:09calendar, you know the better. Then Magic Mike said OK, that
- 39:15after he said as soon as possible, I sent the invoice.
- 39:18Now that's a mistake a lot of us make.
- 39:19Somebody said as soon as possible, you now send invoice.
- 39:22You send invoice without agreeing on when the money was
- 39:25going to come and when we're going to start.
- 39:26OK, no problem. And then he now saw it and said,
- 39:29Oh yeah, yeah, yeah, Magic Mike, I've seen your invoice and I
- 39:32should make a transfer of the coming week.
- 39:34And I said OK, sure. No problem, chief.
- 39:36OK, the coming week, then you end the call.
- 39:39Now, if you've been listening and following from the
- 39:41beginning, you already know what I'm going to say next.
- 39:46The coming week, No be timeline. The coming week No be clear
- 39:51expectation the coming week can mean anything for boys like me
- 39:56when you say the coming week today is a Wednesday for me the
- 39:59coming week means Monday there's some people who for them the
- 40:03coming week means we're talking on the Wednesday so therefore I
- 40:07will transfer the thing on a Wednesday and then some other
- 40:10people the coming week means 1 clear week will pass so I didn't
- 40:14pull up my calendar again yeah yeah I know smartwatch yeah I'm
- 40:18flossing I get so for some people 1 clear week will pass
- 40:21what I mean is the. Today's 6th.
- 40:26What that means is the week of Monday, the 11th all the way to
- 40:32Friday or 15th will pass first. So for people like that, who
- 40:37means one whole week will pass. When they say the coming week,
- 40:40they actually mean like May 17th, May 18th.
- 40:44Can you say that the coming week means different things to
- 40:46different people? The coming week, no be timeline
- 40:50at all. So question arising is when
- 40:54Chief Odumaigo now says the coming week, you say, oh,
- 40:57fantastic, Chief. Yeah, looking forward to that.
- 41:01In fact, this is your book #3 self.
- 41:03Very, very exciting. I'm even thinking we should
- 41:05start with that. How about Chief?
- 41:07By the way, when you said the coming week, what do you mean?
- 41:10That's for those of you. OK, maybe some of you say what
- 41:13do you mean it's too aggressive? OK, so when you say the coming
- 41:17week, what do you have in mind Now for me, because I like to be
- 41:22forward, I don't like putting in their courts because some people
- 41:24will say the coming week you say what do you mean?
- 41:27You say, oh you know what, scratch that, let's make it 4
- 41:30weeks from now. I don't have to be here 4 weeks.
- 41:31I'm trying to collect the money as quick as possible.
- 41:34So I want to ask, let's see. OK, So Chief, when you say the
- 41:40coming week, does that mean we are rolling on Monday?
- 41:43We should be in the studio by Monday, I should mobilize the
- 41:46team by Monday? I will ask and then hear what it
- 41:49is that he has to say. Now, based on what he says,
- 41:51we'll now try and narrow it down again and again and again.
- 41:54If he says, oh, when I mean the coming week, I mean, you know,
- 41:56after a week I should transfer the money and say, oh, OK, so
- 41:59that means this coming week of Monday 11th up until 17th, we're
- 42:04not taking action on that. So, OK, so that means we should
- 42:06be looking at Monday 18th. Does that sound about right,
- 42:09Sir? I said yeah, we think I should
- 42:11be able to make that happen. OK, so fantastic.
- 42:13No problem. By the time I'm done with this
- 42:15conversation, I'll send an e-mail with a recap and also a
- 42:21WhatsApp message. 1 Chief, you remember that we actually need
- 42:2470% to start off, So that will be a transfer for $10,000.
- 42:28Chief, you remember, you know Chief will say yes or you Chief
- 42:35doesn't want to say yes. At least you will now start
- 42:37quarreling about it. Now instead of you, you're
- 42:40expecting $10,000 and then Monday 18th you now see transfer
- 42:44for $5000 and then Chief will now say. 5000.
- 42:47Dollars is money now. Just start.
- 42:49Just start. I'm having the conversation now.
- 42:52Remember clear expectations, clear advancements.
- 42:59So we will have that conversation and we will have it
- 43:02now. I will either ask Chief what he
- 43:05has in mind while I propose something, but the conversation
- 43:07will happen now so that by the time we're done, it will be
- 43:10clear that I'm expecting $10,000 on the 18th of May.
- 43:18For some of you who think this my example is too high for
- 43:19Luton, you know it's not. They're Nigerians who are
- 43:21charging in dollars, dollars, dollars.
- 43:25If I was all my. Clients who said, oh, I was
- 43:27talking to this guy, blah blah blah blah blah and the guy said
- 43:31the guy said 8000. That doesn't work for me.
- 43:33In my mind I was now thinking 8000 because the guy provides
- 43:36equipment so and I said so 8000. I said sorry what we're talking
- 43:40about 800,000. This guy said no $8000 and when
- 43:43I was thinking oh so you charge your clients $8000 now when he's
- 43:48me now you now be paying me coins in naira.
- 43:52So anyway. Yeah, there are.
- 43:53There are people who are at that level.
- 43:57Yeah, God willing, me too. I'll be there too when I'm
- 43:59charging people. Thousands of dollars.
- 44:03Where was I? So coming week then coming week
- 44:09after coming week, now Magic Mike was calling Chief O Dumago.
- 44:12And then Chief was like, oh, I had an accident, I need to
- 44:15recover first, you know, blah, blah, blah.
- 44:17And of course, Magic Mike is a reasonable human being because
- 44:20it makes sense. Now somebody person just say,
- 44:22you know, I've got an accident. They somehow to be saying, oh,
- 44:24OK, sorry, get well soon. Yeah.
- 44:26But Chief, when you transfer my money, you know, it's somehow
- 44:28it's tone deaf. We should not be tone deaf, so
- 44:34Magic Mike now wanted to sympathize instead of applying
- 44:37pressure. And that makes.
- 44:39A lot of sense. So the question arising now is
- 44:42how can you sympathize without applying pressure?
- 44:47So first of all, you offer your normal, you know, it depends on
- 44:52you and your relationship or whatever thing you normally say.
- 44:55This is about where you say that God forbid.
- 44:59Anyway, we thank God for life, the immediate life.
- 45:01Sorry you the injury is not too much you know blah blah blah
- 45:04blah blah. These are enemies they will
- 45:07never succeed for us in 2026 or Amen blah blah blah.
- 45:10This is what about your family? How are they of your wife is not
- 45:14really freaking out too much you know blah blah blah.
- 45:16You know that kind of conversation.
- 45:19Then you also ask a few questions to understand the path
- 45:24to recovery. Like I was talking to someone
- 45:26the person went ghost after a while when we connected turns
- 45:29out the person was in a very very bad accident.
- 45:31I was like sorry hope the kids are not in the car.
- 45:35No no no it's not the kids was just him.
- 45:37Everything I've had currently is a physios Cesario.
- 45:41And this. Physio thing, like when my
- 45:42auntie was doing physio for I was like 10 months, they said
- 45:45no, I'll not be. Like that now, no.
- 45:47No, no. No, no, like we're done with the
- 45:49surgery. So physio, yeah I should be done
- 45:51in about 6 weeks. You see from having a
- 45:55conversation with this guy and I knew that oh, OK, six weeks is
- 45:58kind of a reasonable time to recover and then I now knew how
- 46:02to pace my own follow up accordingly.
- 46:08But you will ask conversations. So I say ask conversations.
- 46:11You will engage in a conversation, you will ask some
- 46:14questions based on the surrounding conversation, the
- 46:17information based on the spokesman info that drop.
- 46:20You will now know how to pace yourself.
- 46:23Whether you. Close mark the guy.
- 46:25And yes, I agree, close marking somebody who's been involved in
- 46:28an accident is in bad taste. From the.
- 46:31Conversation you you know so that is how you can sympathize
- 46:36without applying pressure you call the person you find out you
- 46:39will genuinely be shocked you know sympathize OK blah blah
- 46:43blah you're on the path to recovery we thank God blah blah
- 46:48blah blah blah if you can't get any extra details maybe you can
- 46:51be done propose something say ah we found what everything turned
- 46:54out well so chief I guess this means that we should just this
- 46:58thing should be on the back border now for like another kind
- 47:01two months Abby and I hear what chief has to say if chief says
- 47:06honestly I need more than two two months I'm thinking maybe
- 47:10let's revisit this thing in December OK no problem they know
- 47:12that that's. It December.
- 47:16In this case, Chief was like, oh, no, no, no, no, no, no, no.
- 47:19It's not that deep. It's not that deep.
- 47:21It's just the car that got destroyed.
- 47:22You know, I'm like, I'm OK. The doctors say I should be up
- 47:27and doing by so, so, so, so. In fact, I have to see if I can
- 47:29be up and doing before so, so, so and so did.
- 47:32So OK, no problem. Based on what Chief have said,
- 47:34you now know how to continue with follow up, how to continue
- 47:42to mark him. Then based on what?
- 47:48Chief said We agreed that, you know, in the future, but not too
- 47:52far. Then after that, sorry, some of
- 47:55you will be wondering that this story is beginning to have too
- 47:57much key leg. Yes, I'm.
- 48:01Glad that you have seen that this story is beginning to have
- 48:04too much key leg. I'm glad you have seen that this
- 48:08story is beginning to get too much corner corner.
- 48:11The corner Corner happens when you're not on top of your game
- 48:14from the beginning. If.
- 48:17You are not getting clear advancements if you are not
- 48:20getting clear directions, clear agreement.
- 48:22This is what we're doing well. This is the next step.
- 48:24This is how your story will be getting Corner Corner.
- 48:27Then you now. Start saying that Nigerians are
- 48:29indecisive. Nigerians are not indecisive.
- 48:32You are not handling your sales processes properly.
- 48:36That is where all these K leg and this Ben Bend is entering
- 48:39the situation. I'm glad that you're frustrated
- 48:42about how the story is taking long.
- 48:44It's taking long because you, the business person have allowed
- 48:47it to take long. I hope you guys are feeling me.
- 48:55If this story is if the bend bend is too much for you and
- 48:58this kind of corner corner has happened to you, the corner
- 49:00corner was your fault, not the client's fault.
- 49:05The client is just living their own life.
- 49:06Priority is changing. Things are happening.
- 49:09You're the one that didn't stay on top of it.
- 49:10Have you noticed that when we go to the medical doctor, the
- 49:13doctor doesn't leave it up to us?
- 49:15The doctor tells us in advance we've taken these tests, I
- 49:18expect to see you back here in six weeks so that we can review
- 49:22results. The doctor will tell you, the
- 49:25doctor will take charge. That is the reason why I say any
- 49:28Nigerian business person, pretend you're a medical doctor.
- 49:31That is the best way to organize your business.
- 49:33Just pretend you're a doctor. The doctor knows he's the
- 49:36specialist. The doctor takes charge.
- 49:38The doctor is interacting with the client and they're coming up
- 49:42with next steps and guidelines and you know everything.
- 49:48If you don't learn anything from me.
- 49:49The next time you go to the hospital and you're interacting
- 49:52with a medical doctor, pay attention to what the doctor is
- 49:54doing, especially if this is something that requires a long
- 49:57term case management. Pay attention to the way the
- 49:59doctor is, you know, doing his thing.
- 50:01Then take those same principles apply to your business.
- 50:03You'll be all right. So anyway, and the last
- 50:13conversation, Magic Michael and Chief Odumaigohat remember not
- 50:16their real names. So Michael is doing very well,
- 50:19but you guys say you want to travel, you all enter E, then
- 50:23from the east you will come back to Lagos.
- 50:25Then he will now consider making the payment on Monday.
- 50:28So that was good. Now.
- 50:29Question arising. When?
- 50:31Chief say I will consider, by the way, this is quotation when
- 50:36Chief say I will consider making a payment on Monday.
- 50:39If you've been listening, I'm following.
- 50:40You know what I'm going to say now.
- 50:42What? Does that mean I will consider
- 50:45making a payment on Monday is not the same thing as I will
- 50:48make a payment on Monday. Now, there are different ways of
- 50:51going about it, but either way, you will ask Chief.
- 50:55A question. Mr. Oh, Chief, you said consider
- 50:57making the payments achieve this.
- 50:59Consider. OK.
- 51:00When you say consider making a payment, what does that mean?
- 51:05He might say, oh, I'm having a meeting with my accountant on
- 51:07Monday. It is then I will know my cash
- 51:09position, especially after the accident, and then we'll be able
- 51:12to know whether we're moving forward or not.
- 51:14You say, oh, OK. Thanks chief.
- 51:16I just wanted to understand better so when I.
- 51:18Call you on Monday. It's just to find out how the
- 51:20meeting with you and the accountant went, is that
- 51:22correct? So she would say yes, OK, cool,
- 51:23no problem. So I'll call you on Monday to
- 51:25see about the accountant meeting.
- 51:26Good. Expectations are becoming
- 51:30clearer because for me I'm very optimistic and I'd like to count
- 51:35my money before it hatches. Unfortunately my mom still give
- 51:38me advice on that because sometimes she comes to visit.
- 51:40I talk to somebody. By the time I get off the phone
- 51:43based on what the person say, I already start planning.
- 51:45OK school fees is coming, DSTV this is not that.
- 51:48In my head I'm ready spending the money.
- 51:49My mother will say relaxed now as the guy transferred say no
- 51:51no. But I think this will, my mom
- 51:53will say, look like stop this rubbish.
- 51:55Don't count your. Chickens before they hatch.
- 51:59So for optimistic people like me, when somebody says I'll
- 52:02consider making a payment on Monday, in my mind I will tell
- 52:04my wife that God has done it to money is coming on Monday.
- 52:08Because I'm. Optimistic.
- 52:10So to protect myself, I also saw that it is clear to Chief.
- 52:13I'll ask Chief, OK, consider making a payment.
- 52:15What does that mean? Asking a question.
- 52:20Now me, I'm on the mall forward side.
- 52:22So I will say, oh, fantastic. So we're finally going to start.
- 52:25So, Chief, does that mean I can tell the boys that?
- 52:29By. 10 AM we're going to see the 10K deposit.
- 52:32Dollars so that we can continue. Yeah, for some of you it's two
- 52:36forward. But don't worry, don't try it my
- 52:38way. Just know that the approach is
- 52:41question by the time I ask it like that, Chief.
- 52:44Now clarify. I said no, no, no, no, no, no.
- 52:47I told you about the accident now so sorry.
- 52:48Sorry, Chief, I forgot. Me and the accountant are going
- 52:51to see on Monday will consider my position.
- 52:53We now know whether we can move then also.
- 52:55Oh, OK, no problem. In that case, no problem.
- 52:58I'll mobilize the boys. I'll just call you on Monday to
- 53:00find out how far say. OK.
- 53:02Cool. No problem.
- 53:03So, Chief I. Can call you like by. 12 ABI,
- 53:05Yeah, 12 is OK, OK, no problem. We are now clearer.
- 53:12Instead of assuming I'll consider making the payment on
- 53:14Monday, means that money is coming on Monday.
- 53:18So that's. One question arising now, Magic
- 53:21Mike said. I'm concerned because all this
- 53:23change, change, change becoming repetitive.
- 53:26I think I'm making progress, then something, I think I'm
- 53:28making progress, then something, blah blah.
- 53:30Blah blah blah blah blah blah blah.
- 53:31And that's exactly what I said. As Magic Mike is frustrated,
- 53:38you, the listener of the story, you're frustrated.
- 53:40It is good that we are frustrated at this point.
- 53:42Just know that the frustration is not the customer's problem.
- 53:47It's not the customer's fault. It is our own fault.
- 53:49If anybody they frustrate me is not the person's fault.
- 53:52I am the one who allowed myself to be frustrated.
- 53:55Listen up, please. We are the entrepreneurs, the
- 54:00business peoples, the founders, the CEOs, the whatever we.
- 54:03Take. Responsibility for how this
- 54:05thing is going to turn out. We're adults here.
- 54:09We can't. Keep blaming other people for
- 54:10our problems. So yes, you should be
- 54:13frustrated. The reason why the frustration
- 54:15is coming is because of any of these questions arising, matters
- 54:19arising that I spoke about. Now, Magic Mike spoke about how
- 54:25he's been telling Chief about, oh, it's important that we get
- 54:28started soon because we're dealing with seven books.
- 54:33So Magic Mike has been trying to inject urgency into the
- 54:37situation. Remember BANTT timelines?
- 54:41So Magic Mike had been trying to inject timeline into the
- 54:45situation. And that, that's the problem.
- 54:51Yes, lots of American marketing groups have taught us to
- 54:55manufacture urgency. But here's the truth.
- 54:59Apart. From online retail, the rest of
- 55:02us can't manufacture urgency. We just can't.
- 55:04We can't force somebody to move before they are ready.
- 55:09We can't. People in online retail, they
- 55:11can't do that. So if Amazon says oh, Black
- 55:13Friday this that that that that 50% off before.
- 55:19Before March. Before May 25th, we know that we
- 55:24have better act now because if we go May 26th, Amazon will say
- 55:27sorry, promotion has ended. They have those options.
- 55:33The rest of us. Consultants.
- 55:37Accountants, architects, people in book publishing, people in
- 55:42audio and video. We just can't manufacture that
- 55:44kind of urgency. We just can't.
- 55:47The dynamics are different, so please stop trying to
- 55:52manufacture urgency or inject urgency into the situation.
- 55:56The better thing to do is to work with the urgency that the
- 55:59person already has. Try and discover what the
- 56:04urgency is and work with it. Let the person say their own
- 56:08timeline. You will now be the professional
- 56:11and keep them on track with the timeline that they disclosed.
- 56:15Also when it is the other person who has disclosed the timeline
- 56:18and you are the one who is now doing project management to keep
- 56:21them on track. You are not being a pest.
- 56:23It's just a matter of like, ah, chief, this is what you told me.
- 56:25Now if you wanted. Those done by August 7th, you
- 56:29know that's. The reason why I'm on this,
- 56:31you're the one that said by August 7th, everything should be
- 56:34live. This book should be produced.
- 56:36We want it to be considered for the Ana Awards.
- 56:41Ana is that association of Nigerian authors that be you
- 56:45want it ready for Ana awards. Ana is in October.
- 56:48So Chief, we both agree that this is supposed to be book
- 56:51should be done by August. Now in that case, you're not
- 56:55being a pest. You're not simply holding chief
- 56:56to what it is that Chief said. If you're the one that's trying
- 56:59to manufacture urgency that are chief the book is plenty is this
- 57:02that that is 7 projects we're supposed to start now you will
- 57:06come across as a pest. So that is why T is important T
- 57:12T in bands BANTT timelines. How soon would you?
- 57:18Like us to get started you. Ask them how soon would you want
- 57:22us to get started? Chief?
- 57:26I hope you don't mind me asking what timelines do you have?
- 57:31Chief will now say it. OK, several books.
- 57:35This is a very tall order. Hope you don't mind me asking
- 57:37Chief, is there any specific events that you are working
- 57:41towards? And left Chief say Chief will
- 57:44say OK, I'm clocking 70 in December and I want these books
- 57:50ready before then so that at my 70th birthday party that my
- 57:54children are planning for me will use it to launch these
- 57:56books. You can see now the timeline has
- 57:58come from Chief himself. It's not me manufacturing
- 58:02anything. I will now be able to walk
- 58:04backwards I. Will now be able to walk
- 58:05backwards and say OK, no problem chief.
- 58:07For the books. To be ready.
- 58:10For your birthday in December, we should have gotten ISBN
- 58:14number by so, so, so and so date.
- 58:17So therefore, let's give, you know, six weeks.
- 58:19Then for ISBN date, we need to submit the books to the
- 58:23international publishing authorities.
- 58:25Something, something, one thing, one thing, you know, 4 weeks
- 58:27before. So let's just give another four
- 58:29weeks gap. OK?
- 58:30Based on this another 4 weeks the book.
- 58:33Production or now I'll take like 8 weeks, so let's give another
- 58:36eight weeks gap. For that equates gap, it brings
- 58:39us now to this time for the book itself to be produced.
- 58:42You know me and the boys who are working on it, we need like 5
- 58:44weeks to do so, blah, blah, blah.
- 58:46So Chief, based on what you have said for your 70th birthday
- 58:49party which is coming up in December, if we are to hit this
- 58:53December 27th, your birthday party chief, we must start this
- 58:57thing by so, so, so, so, so date.
- 59:00But the. Date has come from Chief Odomega
- 59:03himself. This is.
- 59:08The best way to run things, remember.
- 59:11People in online retail, they can manufacture urgency, 70%
- 59:14off, blah, blah. They can do that.
- 59:16We can't. Nobody would take us seriously
- 59:20if I announce you on the podcast that, oh, I'm giving 50% of our
- 59:24conversations consultations between now and, you know, so
- 59:28Suzanne Suhan, blah, blah, blah, blah.
- 59:29Blah blah blah like you. Guys don't really take me
- 59:31seriously. A couple of you will show up,
- 59:33but some of you will say, OK, the thing ended ended April
- 59:37first. Let me try my luck.
- 59:38This is April 3rd. Let me try my luck.
- 59:41Am I lying? By the way, that's also the
- 59:47reason why I said in the previous podcast episode that if
- 59:49you want to try this whole manufacturing urgency thing,
- 59:52stick to it. If you tell them 1st of April
- 59:54somebody calls you at 12 O person calls you on calls you 12
- 1:00:03O 6 on April 2nd you say Oh no I'm sorry it expired on midnight
- 1:00:09you say, I say Bros not be midnight today.
- 1:00:12So no, no midnight was actually 6 minutes ago.
- 1:00:14It has expired. Stand your ground if you must
- 1:00:23basha. Use.
- 1:00:28Their own urgency. Don't try and inject it into the
- 1:00:32situation. So Magic Mike now says OK, he's
- 1:00:36debating. Should I call this guy?
- 1:00:39'Cause I want to. Stress him that look, we need to
- 1:00:41get this project off the ground to avoid further
- 1:00:45disappointments. Magic Mike is asking should I
- 1:00:47call the guy? Now this is the answer to the
- 1:00:49question. You're in this situation, you're
- 1:00:53frustrated. I get it.
- 1:00:55You're wondering, should I even call?
- 1:00:58The answer is. A.
- 1:01:00Capital, YES. The answer is yes, because we as
- 1:01:06the founder, as the CEO, as a salesperson, as the business
- 1:01:09owner, as the whatever, we always take the initiative.
- 1:01:14We never wait on the prospect. Let me repeat that again because
- 1:01:19some of you didn't catch that. We always take the initiative.
- 1:01:23We are adults here. We never wait on the prospect.
- 1:01:27This is the. Reason why we never wait on the
- 1:01:28prospect. Indecision.
- 1:01:30Sometimes they're tired, sometimes they're confused,
- 1:01:32sometimes things are going on. Chief thinks it's a good idea,
- 1:01:35but B has found out now that maybe his second wife is, you
- 1:01:39know, seeing one small boy from university.
- 1:01:42These things happen. Because.
- 1:01:43Of that Chief's mind is no longer in the right place.
- 1:01:46You don't take the initiative. You know chief will be focusing
- 1:01:49on settling his side chick instead of getting this project
- 1:01:51off the ground indecision competition.
- 1:01:55Some people will swoop in some other person will say, oh chief,
- 1:02:00I had a launching so so so and so book my son is into blah blah
- 1:02:03blah, come and talk to my son. That is competition.
- 1:02:06You and chief are having good rapport.
- 1:02:07Another person says come and talk to my son Wah Allah.
- 1:02:10Competition has entered the matter and then changing
- 1:02:13priorities like with the accident.
- 1:02:16This is why we take the initiative and we never wait on
- 1:02:19the prospect. Indecision can happen,
- 1:02:22competition can happen, changing priorities can happen.
- 1:02:26We always take the initiative so.
- 1:02:29You're frustrated. Pick up that phone and make the
- 1:02:32call. This is why we're in the big
- 1:02:35money and This is why we charge in dollars.
- 1:02:40It's our job. Pick up the phone or drive to
- 1:02:45Chief's house. Don't bother sending e-mail.
- 1:02:50e-mail has low response and at this stage with all this corner
- 1:02:53corner corner corner, e-mail won't help you.
- 1:02:57OK maybe what's up or text message but sure.
- 1:03:00If you know chief's house, pick up your car keys.
- 1:03:03Drive to the house or pick up the phone.
- 1:03:07See when I say. Pick up the car keys and drive
- 1:03:09to the house. It's because you know, it's
- 1:03:10chief and we're charging in dollars and it's big money.
- 1:03:13So if he clicks, you know, it's not a waste.
- 1:03:19Oh, yeah, call now, Magic Mike. His main concern is this.
- 1:03:27He's wondering, is his smart business move to secure the deal
- 1:03:32or? If I do this.
- 1:03:33Will I sound desperate? And I understand.
- 1:03:36A lot of us end up in that situation.
- 1:03:39Corner, corner story, story. OK Like change here, change
- 1:03:42here, change here Next week, next week, tomorrow, tomorrow,
- 1:03:45next month, next month. When I wonder Kai, I'm beginning
- 1:03:49to feel like a beggar, Like I'm a beggar and I'm chasing
- 1:03:52somebody up and down. The person said The person
- 1:03:54doesn't even rate me. Person no, send me now.
- 1:03:59This is how you follow up. And by the way, remember there's
- 1:04:03no follow up in sales we. Say follow through, I'll explain
- 1:04:05later. This.
- 1:04:07Is how you follow up with someone and you don't appear
- 1:04:10desperate at the same time. If the focus is on you, you will
- 1:04:13always appear desperate. If the focus is on you and how
- 1:04:16much money you want to take, you will always appear desperate.
- 1:04:19Always. No matter how posh you sound, no
- 1:04:22matter how smooth you dress, no matter how sophisticated you
- 1:04:24are, if the focus is always on you, you, you, you, you, they
- 1:04:28will know that you are hungry. So continue with the follow up
- 1:04:34most, but the focus is never on you.
- 1:04:36The focus should be on them, which is why, if you've noticed
- 1:04:43the questions that I have been suggesting here, I've always
- 1:04:46started off with oh, chief, what do you mean?
- 1:04:49I'm pushing it into chiefs priorities.
- 1:04:51I want to know what he means. What you know, he I'm getting
- 1:04:54the timeline from him. I'm getting the priorities from
- 1:04:58him. I'm getting the directions from
- 1:05:00him. All I'm doing is I'm being a
- 1:05:03good professional like I should be, and I'm making sure that we
- 1:05:07stay on track. That Chief, for us to meet your
- 1:05:10birthday, which is December 27th, we absolutely need to get
- 1:05:16started on so, so, so and so date.
- 1:05:18Is this something that we can make happen, chief?
- 1:05:20And now put it back to him. If he says yes, we can make it
- 1:05:25happen. Good.
- 1:05:26I'm trying to secure the next advancement also fantastic.
- 1:05:28So in our case, can we expect a 70% deposit for so so amount by
- 1:05:33so, so so and so date. Yes, we can.
- 1:05:34OK, cool. So Chief, I'm going to tell the
- 1:05:36boys that we're moving on for so, so and date.
- 1:05:38Can I hold you to that? So of course now, yeah, you can.
- 1:05:41OK, Cool, Chief. That's not a problem.
- 1:05:42I will call you by so so so and so date.
- 1:05:45To be sure that we're still on course for the transfer, then
- 1:05:48you now go and set reminders on your phone so that one week
- 1:05:52before you send Chief a message. Looking forward to the project
- 1:05:54starting, looking forward to it. I'm already getting good ideas
- 1:05:58for book #3 #4 #5. In fact, I will come see you in
- 1:06:02the house so that we'll discuss in two days too.
- 1:06:04So Chief, I hope we're still on track for the payment of the
- 1:06:07money by Monday. So, so, so, so Chief would say
- 1:06:10yes, OK, fantastic. After you make the payment,
- 1:06:13Chief, me and my team will come to your house.
- 1:06:16So that we. Can discuss specific ideas
- 1:06:19around book 3-4 and five. Then on the day of you will send
- 1:06:25chief a message that oh, getting the team ready.
- 1:06:29We're just typing out the details that we have for the
- 1:06:32whatever I'm looking forward to seeing the proposal soon.
- 1:06:35Then when the money clears, bring him.
- 1:06:36You will now call him Chief. Thank you very much.
- 1:06:37Received the transfer. Are you at home so that me and
- 1:06:40my team can come by so that we can discuss the, the proposals
- 1:06:44for book 3-4 and five that we spoke about.
- 1:06:46Oh yes, come to the and then you see, we, we move on, making
- 1:06:49progress. If it's always about you or we
- 1:06:53need to get started, we need to get started.
- 1:06:55We need to this, we need to we need, we need.
- 1:06:57If it's no, you'll be desperate. So it's always about him, him,
- 1:07:00him, him or her, the customer, get the priorities from them,
- 1:07:04get the timelines for them. And then you're just calling to
- 1:07:06keep them on track. The last time we spoke, Chief,
- 1:07:09you said. So I'm just trying to remind
- 1:07:13you. The last time we spoke, you
- 1:07:15said. And remember, December 27th is
- 1:07:18the goal false to hear that we actually need to do.
- 1:07:24Oh, Chief, the last time we spoke you said.
- 1:07:28According. To our agreed timeline, Chief,
- 1:07:30we're actually now behind schedule that December 27th
- 1:07:34looking like it's not going to work anymore.
- 1:07:37Like you are just being a professional once you take the
- 1:07:41priority and you take the direction from them.
- 1:07:44Now somebody will ask when should I stop following up?
- 1:07:46Should I just continue at the follow up anyhow anyhow?
- 1:07:48Like can I just do this thing in in in perpetuity?
- 1:07:52The answer is no. Now people have different
- 1:07:56yardsticks. There's someone who I work with
- 1:07:59one of my clients, his own personal standard is 3 times and
- 1:08:02then he will leave it. I tried three times, I didn't
- 1:08:05make progress. I will leave it on to the next
- 1:08:07one. Now that's a bit drastic, but
- 1:08:12The thing is, at least he has a rule for when to get this thing
- 1:08:15off his chest and when to move on.
- 1:08:17Because the more time that you're spending following up on
- 1:08:22Chief Omegle, especially if this Chief Omegle thing is not going
- 1:08:25to work, is. Time wasted that you could have
- 1:08:28been spent. Chasing other people, yes, Chief
- 1:08:32Omegle zone is big because it's 12,006 thousand $20,000.
- 1:08:37So he's big, he's good. It's good money, especially when
- 1:08:43the bank translates it into 9. In fact, the first time the bank
- 1:08:46did it for me, I was angry because they told me how much we
- 1:08:49were going to take in Commission and everything.
- 1:08:51I was really, really angry. How much am I going to receive?
- 1:08:52At the end of the day? They couldn't really tell me.
- 1:08:54But even plus their charges, the one I entered my account in
- 1:08:57nine, I said oh OK. I showed my wife.
- 1:09:00I was like, we thank God. So yes, cheap zone is 20,000.
- 1:09:07If you spend a lot of time chasing Chief and this Chief 1
- 1:09:10is not going to click, you lose sight of the 2000 dollars, 1000
- 1:09:15dollars $5000 2003 $100 that you could have been chasing with
- 1:09:20other people. It's not fantastic at Chief
- 1:09:22zone, but still is some there's opportunity cost.
- 1:09:25Investing all this time with Chief means that you're not
- 1:09:27investing so much time with other people.
- 1:09:31So don't follow. Up in perpetuity, there's a time
- 1:09:33to stop. Now, this is my own rule.
- 1:09:35I don't say three times and then stop, but let's just say you
- 1:09:38don't like heartbreak. So for you it's three times.
- 1:09:40I'll stop, you know, fantastic. But for me, it's you stop when
- 1:09:43there's no more value in the interactions.
- 1:09:46Every single time I call Chief, there is no more value that I'm
- 1:09:49bringing to this situation. Or every single time I call
- 1:09:52Chief, there's no more value that he's adding to my life.
- 1:09:55I'm not adding value to him. He's not adding value to me.
- 1:09:57OK, then we'll stop it. But so long as it looks like I'm
- 1:10:02adding value, I'm giving him insights keeping us on track
- 1:10:07we're. Securing.
- 1:10:07Advancements, I will continue. We're not securing advancements.
- 1:10:11When I call him, there's nothing really to say.
- 1:10:14He's not getting insights out of it.
- 1:10:16Like there's no value in it for him.
- 1:10:19There's no value in it for me. Yeah.
- 1:10:20Then I'll stop. So, so long as there's value to
- 1:10:24deliver to the. Situation or there's value that
- 1:10:27can be extracted in the situation.
- 1:10:29I'll continue. When I can.
- 1:10:32Tell myself honestly that look no.
- 1:10:34Value in this again, then I'll stop.
- 1:10:36But yes, there are some extreme people like that.
- 1:10:38My own client who his own is 3 who called the first time,
- 1:10:43called the second time, called the third time, and then that's
- 1:10:46it. I'm done.
- 1:10:48If they call me, they call me, but if not, I'm off.
- 1:10:50I'm moving on to somebody else. But yeah, don't follow up in
- 1:10:53perpetuity. So that's it and that's all for
- 1:10:55today. Sorry that this is a long
- 1:10:57episode. Is this your first time
- 1:10:58listening to the podcast? I hope you've learned a couple
- 1:11:00of tips and tricks about how to deal with, you know, delay
- 1:11:03payments, postponement you. Know.
- 1:11:06Conversation, you know, Kayla. Conversation he's doing.
- 1:11:09Ben, Ben, I hope you've learned a few things about how to keep
- 1:11:12things on track. Now if you'd love to connect
- 1:11:14with me, just call me, send me a text message or a WhatsApp
- 1:11:17message on 08064662140. If you'd like to join my
- 1:11:22WhatsApp channel, the number to call, text or send a WhatsApp is
- 1:11:2608064662140 so. That's.
- 1:11:31All for today, thanks for your time and attention.
- 1:11:33And don't worry, I'll try and make sure that the next podcast
- 1:11:36episode is going to be shorter. In fact, I promise you the next
- 1:11:40one won't pass 30 minutes so. That's it, I'll.
- 1:11:43Catch you at the next episode.