Latest / Closing Sales in Nigeria - Sales For The Nigerian Business Person: The Sales and Marketing Blueprint / From Fear to Finish Line: Planning Your Way to Success
Transcript
- 0:01Hello and welcome to the show. It's a cozy Monday evening over
- 0:06here. So let's just head straight into
- 0:07it. The question for today is how to
- 0:10overcome fear of failure. Now, failure or inadequacy or
- 0:16the feelings that things aren't going to work out.
- 0:19It's it's normal. Everybody goes through them.
- 0:22And technically speaking, if you're a psychiatrist, you know,
- 0:26I'm sure you're going to treat each of these things as a
- 0:28separate thing, you know, fear of failure, lack of confidence,
- 0:31inadequacy, blah, blah, blah. But for the purposes of this
- 0:35show, I'm just going to lump everything together because from
- 0:38a business perspective or from a sales perspective, usually it's
- 0:43a whole bunch of these things that are lumped together in one.
- 0:46And then plus, I'm not a psychiatrist, I'm not a
- 0:49psychologist, I'm not a psychoanalyst, I'm not a psycho
- 0:52anything. I'm not a shrink, so I'm just
- 0:55trying to take whatever wisdom that we can get from the
- 0:58disciplines of sales and business development and see how
- 1:02we can help ourselves out. Now, remember, I've been saying
- 1:05time and time again on the podcast that when we discuss
- 1:08these sorts of things that it's actually best if you say a
- 1:10mental health professional. Luckily, in Nigeria, mental
- 1:15health professionals are becoming more readily available.
- 1:18Still not enough. And when you find them in
- 1:20private clinics, as at the date of this recording, it can be
- 1:24quite expensive. So the average consultancy fee
- 1:29for, you know, normal doctor when you stroll into a
- 1:31government hospital is, let's say, roughly 10 grand.
- 1:34You know, 5K in some places, 7K in some places, let's just call
- 1:37it 10 grand. But for mental health
- 1:41professionals, you know, I've heard forty, I've heard fifty.
- 1:46You know, for the average person going to go and see a shrink,
- 1:50well, you know, we're just not there yet.
- 1:52You know, the average person is not going to fork out 50 KS.
- 1:55Go and see a shrink. Well, of course, if you have a
- 1:57broken leg and you need to fork off, fork out 120 then you know,
- 2:01of course. Yeah, anyway, let me stop
- 2:05rambling. But luckily, I'm just trying to
- 2:07say that mental health professionals are now readily
- 2:10now more readily available in Nigeria.
- 2:12All you have to do is step into a government hospital.
- 2:15For instance, in Abuja, the closest one to me, the General
- 2:18Hospital Area 8, the time I ran into trouble with the Federal
- 2:22Rd. Safety Corps, you know, they got
- 2:23me, they impounded the car and maybe I look like a mad guy.
- 2:26So they said I had to go for a mental health inspection.
- 2:32And anyway, so it cost me, I think at the time it cost me 5
- 2:36grand to register and set up a, a card with the hospital.
- 2:41So it just cost me about 5 grand to see a mental health
- 2:43professional. So if you think that you are
- 2:47feeling things, suffering stuff that go beyond the ambit of what
- 2:50it is that we're talking about over here on the podcast and
- 2:53you're Nigerian, you need not suffer for too long.
- 2:56There's help available just strolling to the nearest
- 2:59government hospital. I'm sure a medical doctor should
- 3:02be able to point you in the right direction or at the very
- 3:05least since they receive some form of mental health training.
- 3:09I know it's inadequate. Some people say you only receive
- 3:11one elective in year, year two or year three or something like
- 3:15that. It's still better than someone
- 3:16else like me just grabbing the mic and pontificating on things
- 3:19about mental health. So failure, inadequacy, things
- 3:25aren't going to work out. We're going to lump it all into
- 3:27the same perspective. Now, the solution, in my own
- 3:32opinion, is not motivational talk and the solution is not in
- 3:35our work. Maybe we're going to get to, in
- 3:37our work, mental game, motivational talk and all the,
- 3:42you know, all that other stuff. We'll get to it eventually, but
- 3:45not now. Because in the average person, a
- 3:48fear of failure or feelings of inadequacy come from this very
- 3:53palpable feeling that, you know, you don't have a plan, so you
- 3:59can't even see how something is going to work.
- 4:02And then the lack of confidence bit or feeling like you lack the
- 4:05personal capacity to do something, usually it's a sign
- 4:08of like you haven't done the thing before.
- 4:12So for the average person who is not dealing with severe mental
- 4:15health issues, the problem really is that you don't have a
- 4:18discernible plan. And so because you don't, the
- 4:21thing looks scary. It doesn't matter whether you
- 4:25want to invest in real estate, you want to invest in capital
- 4:27markets or you like a guy in your class or you like a girl in
- 4:31your class, it's it's all the same.
- 4:33There's no discernible plan. You don't know what you don't
- 4:37because you don't have a disabled plan.
- 4:38You can't see how it's going to work.
- 4:40And that is where some of these feelings are coming from.
- 4:43And then lack of confidence or personal competence, personal
- 4:47capacity, all those things because you have not done it
- 4:49before. So those are the reasons why the
- 4:51average person is feeling these things.
- 4:53Please remember, I'm talking about the average person.
- 4:56I'm not talking about people who wake up in the morning and have
- 4:59a cloud hanging over their heads and they have no idea if the
- 5:03cloud is going to lift and when things are going to, when things
- 5:08are going to subside. When I was younger and I thought
- 5:11I had problems with depression and stuff like that, that's the
- 5:14way the doctor spoke to me about it.
- 5:15The doctor said, young man, you don't have a problem.
- 5:17And I said I don't have a problem.
- 5:18How He said, let's pretend that you wake up in the morning and
- 5:22there's a cloud over your head. Does the cloud, does the cloud
- 5:24rise? I thought, yeah, yeah, sure.
- 5:26The cloud rises. And I said, yeah, young man, you
- 5:27don't have a problem. Everybody goes through it.
- 5:30You know, back then I was a Moody teenager like some of you.
- 5:33And so that's why I explained it to me because I have never, I
- 5:37mean, the sun has always risen in my head.
- 5:39So things might be crap right now, but you sleep, you eat, you
- 5:43watch the STV or, you know, something by shawarma eats.
- 5:46We have sleep, Wake up and ready to face the day.
- 5:50So it's a young man, you don't have a problem.
- 5:52Now, there's some people that have severe problems because the
- 5:54cloud does not rise. So I'm not talking about those
- 5:57sorts of people. I'm talking about the average
- 6:00Nigerian who is scared because of business or career or
- 6:03something. So with what I've said right
- 6:06now, you'll find that most people will be fine if you can
- 6:09just come up with a plan. If you're scared of doing online
- 6:13marketing for your business, you think that is what you need to
- 6:16do next and you think that is what is hampering your your
- 6:19growth going to go and do that mental work, mental game.
- 6:22And you know all that. Yeah, it's, it's all right.
- 6:25It's not bad. But if you come up with a plan
- 6:28first for speaking professionals, like, OK, I need
- 6:31someone to take me from point A to point B.
- 6:33How do I pick the right professional?
- 6:36What do I need to educate myself about?
- 6:38What kind of plans are out there?
- 6:40How can I take small calculated risks?
- 6:42If you do all these things first and then walk on the metal game
- 6:45later, I think you'll be better off because education reduces
- 6:49the uncertainty and small wins lead to bigger confidence that
- 6:55you can do things later on. So if you read things like,
- 6:59let's see, what else, OK, people in my own generation would have
- 7:01read Rich Dad, Poor Dad does. That was kind of the stuff that
- 7:04was flowing out, flowing around at the time.
- 7:07You see that the principle is pretty much the same.
- 7:09Rich dad, poor dad. The wealth vehicle that are
- 7:13contemplated in those sorts of books are real estate.
- 7:16So real estate scary. How do you reduce the scariness?
- 7:21How do you reduce your fit, your fear?
- 7:23Get education. You're more educated, the amount
- 7:27of risk reduces, your feelings of competence increase.
- 7:31And then you start small, especially if you're going to do
- 7:33the rich dad poor dad way. Now, if you're following other
- 7:36people like Grant Cardone and you're thinking about getting
- 7:39involved in real estate, I mean, Grant Cardone says don't waste
- 7:41your time buying single unit, double unit, blah, blah, blah.
- 7:44He thinks start off with multiple units.
- 7:47But anyway, that's a conversation for another day.
- 7:50But either way, you can see that if you're thinking the Grant
- 7:53Cardone way, don't buy single or double units, buy plenty units.
- 7:57You might as well just start on that level.
- 7:59Or if you're thinking rich dad, poor dad, buy a house first.
- 8:03Or no, not by a house. What is it called?
- 8:07Sorry, I can't remember all those plans.
- 8:08It's been a while since I read the books.
- 8:10But Grand Cardone and Robert Kiyosaki would have a difference
- 8:16of opinion about how you're entering the the the real estate
- 8:18market. But they have one thing that is
- 8:20the same. That is educate yourself.
- 8:22So educating yourself is going to reduce the uncertainty.
- 8:24The small wins was going to lead to bigger confidence that you
- 8:28can get some stuff done. So it's the same for those of us
- 8:31who are scared of personal selling because there are lots
- 8:33of people who are scared of picking up the phone, a lot of
- 8:36people who are scared of going to that meeting because, you
- 8:39know, it happens all the time, like, oh, I haven't meet you
- 8:41Madame Mukherki, bro, I beg escort me.
- 8:44You know, so it it happens. So if you have a meeting with
- 8:48Madame Mukherki and you're scared for the meeting, what you
- 8:51have to do is you need to come up with a plan, do some
- 8:54research. What is personal selling?
- 8:56What are the principles that undergird personal selling?
- 8:58What kind of frameworks are out there?
- 9:00What kind of talk tracks are out there?
- 9:01What kind of templates, what kind of scripts, what kind of
- 9:04outlines, what kind of whatever it is do you want to call it?
- 9:06Some personal research is also going to help.
- 9:08What kind of person is Madame Ukariki?
- 9:10What are her priorities in business life, personal life,
- 9:13you know, trying to figure out all these sorts of things.
- 9:16Don't wait until if the meeting is Tuesday, Don't start trying
- 9:19to figure out these things on Monday.
- 9:21You know, that's just going to give you heightened anxiety.
- 9:24So if you able to hook up meeting with Madame Mukherke
- 9:27because you want her to buy your product, invest in your business
- 9:30or whatever, if you fix it for two weeks from now, you know,
- 9:35now just start doing some small, small research.
- 9:38Check YouTube for all the other things that I was talking about,
- 9:42you know, personal selling, negotiation, handling
- 9:44conversations, blah, blah, blah. Watch a couple of videos and ask
- 9:48around about Madame Mukherke. You'll be much more prepared and
- 9:53much more confident going into that meeting.
- 9:56And what I was trying to stress earlier is this.
- 9:58By the time you meet with Madame Okariki and you meet with Deacon
- 10:02Faduba and you meet with overseen taking B and you meet
- 10:06with Marzi Chukudi. And by the time you're trying to
- 10:09hook up a meeting with Alpha Metan Curry, you know the, the
- 10:12meeting is not going to be that scary because you've, you've
- 10:16done this thing. You've met with the
- 10:17businesswoman, you've met with the deaconess, you've met with
- 10:20the tribal leader, and you've met with the, you know, the
- 10:24businessman down who lives down from the street and you guys
- 10:26have had one or two conversations.
- 10:28So trying to meet with this other person is not going to be
- 10:30that hard. So I'm not saying we should
- 10:33disregard all the mental and all the motivational stuff.
- 10:36Don't disregard that, please. It is really important, but deal
- 10:40with the practical challenges first because it's the practical
- 10:42challenges that are actually making you scared.
- 10:45So some of you are going to say highly paid athletes and CE OS.
- 10:49They all have coaches for the mental game.
- 10:51And you guys are absolutely correct.
- 10:54All the highly paid CEOs in Niger or Giant or wherever, yes,
- 10:59they all have coaches and highly paid athletes all have coaches,
- 11:02yes. But The thing is, these people
- 11:05that you're talking about, they all worked on the practical
- 11:08difficulties first. They worked on the fundamentals
- 11:12first. Because all the mental game in
- 11:14the world is not going to make you play like LeBron James or
- 11:18Michael Jordan or Woods. So if you don't know the
- 11:21fundamentals of dribbling, shooting, using a club, there's
- 11:24no amount of mental work, confidence in manifesting,
- 11:27whatever that will get you there.
- 11:29It's just not going to happen. It's the same thing I tell my
- 11:32son. I'm a chess enthusiast.
- 11:34Unfortunately, I'm good in teaching different things, but I
- 11:38guess I'm not good at teaching children chess because he leaves
- 11:41feeling demotivated. And then I've started letting
- 11:44him, you know, take a few pieces, things like that.
- 11:48Not like I'm letting him win. I'm just trying to let him see
- 11:51the mechanics of how you capture hanging pieces, how you build
- 11:55your strategy, things like that to build up his confidence.
- 11:58But I'm also trying to let him know that you can't feel your
- 12:02way to or you can't motivate your way to chess success.
- 12:06You know, the basics first. How do you heard of the pieces,
- 12:09when to castle? What's a modern opening?
- 12:12What are the principles of hyper modern opening?
- 12:15What is considered good strategy or not?
- 12:17What is the best way to take advantage of your major pieces?
- 12:20When should you use a Rook? When should you move your queen?
- 12:23So like I'm trying to tell him you know all these fundamentals
- 12:25first. When you now know all these
- 12:28things, then this whole thing of trying to psych yourself, you
- 12:30know, 'cause my son watches. What's this thing called Dragon
- 12:34balls? So you know that dragon balls
- 12:36with Goku and the rest of them, you know, you reach a stage in
- 12:41the fight where you psych yourself up and then you, you
- 12:44become, you're entering into Super Saiyan mode and all that,
- 12:47you know, you just mentally jazz yourself and you know, you move
- 12:50through through the next whatever.
- 12:52So all those things, yeah, they work, but only when you know the
- 12:56fundamentals. So that's why I'm saying that
- 12:58don't disregard the mental stuff, but deal with the
- 13:00practical things first. So if it's sports, learn
- 13:06dribbling, shooting, using the club.
- 13:08If it's chess, learn all the stuff that I've spoken about.
- 13:11It is when you have mastered all these things that then making a
- 13:14where to go and get a a mental coach, motivational coach or
- 13:18whatever is going to help you. All the mental game in the world
- 13:21is not going to make you a Zuckerberg until you figure out
- 13:23how to code and until you work on product market fit.
- 13:26So those of you boys and girls, you want to hammer, you want to
- 13:31build a fintech, but you're attending one motivational
- 13:34seminar after another after another after another, doing
- 13:37mental game, mental game, mental game.
- 13:39Please learn how to code, learn your discipline, figure out a
- 13:42way to achieve product market fit.
- 13:45When you get those basics, you can start mentally manifesting,
- 13:49you know, whatever. And somehow this is something
- 13:55that a whole lot of us don't realize because, you know, when
- 13:57you're knee deep in these things, you forget that that,
- 14:00you know, other people exist. Everybody has a fear of failure.
- 14:03Everybody has a sense of inadequacy and everybody has
- 14:06dread over the next step because no one knows everything.
- 14:10So there's always that first uncomfortable step.
- 14:14It happens to everyone. And I'm sure if you have the
- 14:17pleasure of meeting Dangote, maybe if you know him long
- 14:20enough, maybe one day you guys might be having someone on one.
- 14:22And, you know, he might admit you that.
- 14:23OK, actually before I pull this deal, you know, I wasn't too
- 14:26brave or before I pulled this one, you know, I was confused.
- 14:30I didn't know what to do or the reason why this one was able to
- 14:33happen was because this person guided me or this person did
- 14:35this, this person did that. So everybody has fears,
- 14:39everybody has sense of inadequacy, everybody has dread
- 14:41over the next step. So just do some research.
- 14:44You'll be able to see what's around the corner.
- 14:45If you can see what's around the corner, if you can see the next
- 14:48step, you take the next step and another and another.
- 14:51Eventually, with small steps, you're going to start jogging.
- 14:54And that, in my own opinion, is how you deal with fear of
- 14:59failure, feelings of inadequacy, and this whole thing of things
- 15:03are not going to work out. Deal with the practical things
- 15:06first. We can worry about the
- 15:08motivational stuff later. Or Please remember the
- 15:13motivational aspect, the mental game work, the whatever it is
- 15:16you want to call it, it's important.
- 15:18And then for those of you who have you feel like you have
- 15:21serious issues, you feel like you've heard what I'm saying now
- 15:25or you hear what your family members are saying.
- 15:27And but people don't get you. People don't understand you.
- 15:29If you feel like there's a problem, times have changed.
- 15:33It's no longer, you know, it's not, it's no longer, it's no
- 15:39longer the 1970s or the 1980s that in Nigeria, you know,
- 15:43people thought mental health means you're naked and walking
- 15:46on the street, you know, total madness, You know, like we, and
- 15:51then let me repeat all the words that we used to call those
- 15:54people back then. So it's no longer 60s,
- 15:56seventies, 80s. There's a different realization
- 15:59now. If you feel like you need help,
- 16:01just go to the nearest General Hospital.
- 16:04OK, Well, with how things have changed, I'm not sure.
- 16:06But anyway, I registered for 5K. So with inflation and
- 16:10everything, let's just say maybe it's 10K, maybe just go, go
- 16:14there, have a chat. I, I will be surprised if they
- 16:18don't have some general psychiatric word or whatever the
- 16:23word is and they just go there sha and speak to someone in the
- 16:26General Hospital. They'll be able to point you
- 16:28where you can, where you can get the right assistance, where you
- 16:32can get the a doctor look you over and you guys can have
- 16:36conversations about how you solve whatever problems it is
- 16:40that you're going through. So connect with me on WhatsApp,
- 16:44the phone number is 08064662140. The country code is +234 for
- 16:50those of you who are not Nigerian.
- 16:52And please when you connect me on WhatsApp, business
- 16:55discussions please, I am not a personal guru or mental health
- 16:59coach or anything of that nature.
- 17:02But business code questions, especially if the business
- 17:05question, if I can tie, if I can take sales and business
- 17:09development practice, use that and glean some wisdom from the
- 17:13situation, I should be able to help.
- 17:15Then also connect with me on LinkedIn.
- 17:17My name is Tavishima Ayede, I'm the host of the show.
- 17:19You can confirm the spelling of my name and my e-mail address
- 17:22from the link. We're currently listening to
- 17:23this episode. Thank you very much for your
- 17:25time and attention. I'll catch you guys at the next
- 17:27episode.