Latest / Closing Sales in Nigeria - Sales For The Nigerian Business Person: The Sales and Marketing Blueprint / How to Command the Room in Your Next Presentation
Transcript
- 0:00Hello and welcome to the Oracle's Chamber.
- 0:04This is the inner sanctuary where we talk about sales and
- 0:07marketing, money tactics, strategy, business growth, and
- 0:12solving business problems. Today I want to use a real life
- 0:17case study. Of course, I have anonymized
- 0:22things a bit because it's something that I'm working on
- 0:25with one of my clients. One of my clients who's in the
- 0:28solar space has a sales team and one of the sales people, Yes,
- 0:33the same person we spoke about maybe 2-3 days ago.
- 0:36So let's call her Cinderella. Again, not her real name.
- 0:39She's been working on a proposal for a client.
- 0:42It's a whole estate and the company's going to provide solar
- 0:47and inverter solutions for the whole estate.
- 0:49Basically, just get the estate off the grid.
- 0:51And I've been going over the proposal that she has just to
- 0:55make it more convincing, make it more conversational, make it
- 1:00less salesy. Now, I think I already made a
- 1:03podcast episode about this where we spoke about how to make your
- 1:08proposals more effective. So if this is your first time
- 1:12listening to the podcast, after you're done listening to today's
- 1:15episode, just keep scrolling and any other episode where you see
- 1:18proposals, presentations, you know, stuff like that, just
- 1:22listen and you're going to get caught up to speed.
- 1:25So there was an older episode where I already went through the
- 1:29spin selling framework. And the spin selling framework
- 1:33is where you're having conversations with people and
- 1:38you're trying to hit certain more or less hit certain factors
- 1:43in your presentation or you try and hit certain certain key
- 1:48things in, you know, while you're having conversation with
- 1:51the people. And so the S in spin stands for
- 1:55situation. So you want to ask them
- 1:58questions or direct them or point their attention to things
- 2:03that show that you adequately understand the situation that
- 2:05they're in right now. Then you either ask questions or
- 2:09point them to the fact that you understand what the problem that
- 2:12they're facing is. Then you also ask questions or
- 2:17in your presentation, try and tease out the implications that
- 2:22they face if they don't do anything.
- 2:25And then the N stands for Need Pay Off.
- 2:28And that is where you try and let them know that, look, the
- 2:31benefit of going forward is this.
- 2:34If you don't take any action, this is what you're going to
- 2:36suffer. If you take action, this is what
- 2:38you're going to enjoy. So for those of you who listened
- 2:41to that episode, you remember how I walked Cinderella through
- 2:45the spin selling framework and how it was going to help in this
- 2:48particular situation. Now, the scope that Cinderella
- 2:51and the company wanted to want to use in the presentation with
- 2:57this potential client is they want to make an ROI argument.
- 3:03Yes, ROI, that is return on investment.
- 3:05So they want to show that, look, this money that you're going to
- 3:08spend over 200 M is going to yield you XY and Z number of
- 3:14benefits. And we're going to make an
- 3:16argument that, you know, to quantify it in naira and cobalt.
- 3:19So basically saying that yes, you're spending over 200 million
- 3:22and now, but over the length of the next, you know, four or five
- 3:25years, this is how much you're going to get back in return.
- 3:28And this is not just an investment in solar for the sake
- 3:34of solar, but rather this is taking you off the National
- 3:37Grid, this is taking you off your diesel headaches.
- 3:40And this is an investment that pays for itself in four to five
- 3:44years. And then after that, all this
- 3:46100 million that you're saving every single ten months in
- 3:49diesel costs will now be added back to the top line of the
- 3:54company. So that can be, yeah, that'll be
- 3:56added back to your top line to, you know, to your revenues, to
- 3:59your profits, to your whatever. So the estate, managing the
- 4:02estate becomes much more efficient in a practical sense.
- 4:06And then also in a financial sense, you know, your, your
- 4:10costing, your operations also becomes much more efficient.
- 4:13So that's the scope that this client of mine is using and
- 4:17they've come up with the presentation.
- 4:18So remember, if it's your first time listening to the podcast,
- 4:21and of course you won't be familiar with any of this
- 4:23because you don't know the back story, just keep scrolling.
- 4:26You won't have to scroll more than one week's worth of
- 4:29episodes, one week, maybe two weeks Max.
- 4:31Anything that you see proposals, presentations or that you see
- 4:35spin in spin is SPIN. So anything proposal,
- 4:40presentation, spin, just listen to that episode.
- 4:42Then you will get the background of the conversation that I had
- 4:46with Cinderella. Again, not her real name.
- 4:50And of course, the name of the company, Linkin Park Solar, of
- 4:53course, is not the real name of the company.
- 4:55I just sha, I had to call it something.
- 4:59OK, Now the stage that we're artists, Cinderella has sent me
- 5:03a proposal and I'm sharing it with you guys.
- 5:05Not the proposal anyway, because I think that there are a couple
- 5:08of things that we can all learn from.
- 5:13Yeah, that we can all learn from this.
- 5:15So what I did was I looked at the presentation, and in my own
- 5:17opinion, I thought the presentation was, well, every
- 5:21single presentation can be improved.
- 5:23Let me put it that way. But so long as the presentation
- 5:26was hitting the key things that we discussed about in the spin
- 5:30selling framework, showing that you understand the client and
- 5:33their situation, showing that you understand and you have an
- 5:36appreciation for the problem, showing them the implication
- 5:40that look Orga, this is how bad this problem is.
- 5:43If you don't take action now every single month, 15,000,050
- 5:47million, 50 million, you'd a bond 50 million.
- 5:49If you don't do anything and then need pay off, let's go
- 5:53ahead. Yes, you will drop 200 M, but
- 5:55The thing is after four to five years or that 50,000,050 million
- 6:01way they drop every single month, that is now savings that
- 6:04will go to the company's top line.
- 6:07Was it top line? I'd be bottom line.
- 6:09Those of you who studied accounts, I beg advise me
- 6:10accordingly. I can't remember if top line is
- 6:12profits and then bottom line is I be.
- 6:15How does it go again? Top line is revenue, the bottom
- 6:18line is, is profit. Abby, any anyhow, shall those of
- 6:21you who studied accounting you know, let me know?
- 6:23By the way, if you'd like to connect with me, you can call,
- 6:27send me a text message via WhatsApp message on 08064662140.
- 6:34If you want me to audit any of your business processes, then
- 6:37you can also call me, send me a text message via WhatsApp
- 6:40message on the same number 08064662140.
- 6:47And yeah, if you're shy, you don't want to chat, but you want
- 6:50to be a part of my WhatsApp channel, then send me a text
- 6:54message on the same number and I will hook you up.
- 6:58OK, so now back to the proposal. So I decided to make some
- 7:01suggestions just to make this thing much more conversational
- 7:04and also to make it easier to understand.
- 7:06So please, for those of us who are professionals, All right, so
- 7:09let's say like you're a lawyer, you're dealing with somebody who
- 7:13is not a lawyer. And then in your proposals, in
- 7:15your documents, in your letters, your writing, caveat emptor.
- 7:20He that to none. Therefore, Nemo dot code non
- 7:24habit. You know, Latin phrases, Latin
- 7:25maxim, this maxim, that maxim. See, The thing is, your your
- 7:30clients, they don't know what's up, right?
- 7:34For the purposes of your business.
- 7:37Now you'll be the subject matter expert, like you're the
- 7:39professional, but the person that you're talking to a lot of
- 7:42the times, you know, they're in novice, they don't know what's
- 7:44up. So if you're a lawyer, take it
- 7:47easy on all her Latin or whatever.
- 7:50Now, there was a time in the past when because I studied law,
- 7:53you know, Buffy me and Willow University.
- 7:55So, you know, some of our lecturers used to tell us that,
- 7:58you know, it's part of the something, you know, you could
- 8:00Latin, you bamboozle somebody by the time you drop, you know,
- 8:03big, big phrases, you know, you bamboozle somebody.
- 8:06Don't say this lawyer, very, very intelligent fellow.
- 8:11So yeah, I guess it can be done. It can be done, but take a
- 8:18different approach. Take a different approach.
- 8:21Be relatable, be easy to understand.
- 8:24Don't try and intimidate people with your intelligence.
- 8:27Walk people through also, because nowadays there's plenty
- 8:30of competition. Plenty, plenty, plenty of
- 8:32competition. Like lawyers are like pure water
- 8:35in this country. Seriously, I can't remember was
- 8:38it like one year when they said it's like 150,000 lawyers
- 8:42graduated in a year? And I was wondering Niger small
- 8:46company small, I say company small country like this 150,000
- 8:51lawyers he So lawyers are everywhere.
- 8:54Lawyers are plenty, you know, don't try and make intimidation
- 8:58your distinguishing factor. So if you're a lawyer, easy with
- 9:01the lasting phrases. If you're in the solar space,
- 9:05calm down. Take it easy with all the
- 9:07technical specs. If you're a computer person,
- 9:10front end back end developer OCIX something module, one
- 9:14thing, one thing like calm down with all these things people
- 9:18don't understand Now in the technical documentation that you
- 9:22submit later on, yes, you put everything there, all the
- 9:26kilowatts, all the up cycle battery rating this in the
- 9:30technical specs, everything. Suppose D so that you know we'll
- 9:34know what it is that we're agreeing to, but The thing is in
- 9:36the beginning, in the process of trying to collect that money,
- 9:39trying to close this deal, we're actually trying to simplify
- 9:42things. Let somebody understand.
- 9:44I was talking to another person and person was like, why should
- 9:46I dumb it down? No, don't look at it that way.
- 9:50It's not dumbing down, not be dumbed down.
- 9:52It's just recognizing the fact that you you, I don't know how
- 9:57else to explain it. It's not dumbing down, it's just
- 10:01recognizing the fact that you, you're standing up.
- 10:03This person that you're talking to is just not at your level
- 10:07yet. Mine's one time when I had some
- 10:10medical issues and I thought I was dying, but glory be to God,
- 10:15you know, I'm still here, obviously, but I thought I was
- 10:17dying, you know, I was contemplating my life.
- 10:20I said, ha, ha, so young man like me now, you know, my wife
- 10:25and the children like, hey, and I don't even have life
- 10:27insurance. And you know, like I was really,
- 10:29really, really, really contemplating my life.
- 10:32And then I went to go and see the doctor.
- 10:34If the doctor stopped at that level of oh, Mr. Giddy, this
- 10:37superior venal cover, this, this, this wanting, wanting the
- 10:40occipital blood, you know, all those big, big, big, big terms.
- 10:42Like I would have been confused, but I broke it down.
- 10:47It's OK. We're seeing this thing.
- 10:48This is the next step we're going to take.
- 10:53What do you call it again? I can't remember, but the guy
- 10:55chose like he took charge, he broke it down.
- 10:58It's OK. Look that there's no need to be
- 10:59panicking now that yes, tests have revealed this.
- 11:02Tests have revealed this. The next thing we need to do is
- 11:05we need to do biopsy. Biopsy just means we'll caught
- 11:08small. We'll send it to the lab.
- 11:10The lab will now tell us, is this thing malignant?
- 11:13Is this thing benign? Malignant just means, you know,
- 11:18benign just means you know, malignant means, you know, the
- 11:21kind of one that can cause serious bodily damage and
- 11:26serious health whatever. Then benign just means, you
- 11:29know, it's a normal growth between just happens.
- 11:31You know, he, he, he, he draws, you know, just calm the whole
- 11:36situation down and explained everything.
- 11:41And then of course, and that's the reason why I say we should
- 11:42always pretend to be like medical doctors whenever we're
- 11:44selling because the medical doctor never just presents and
- 11:47then keep quiet, which is what lots of Nigerian business
- 11:50owners, lots of sales people, lots of founders do.
- 11:53You're looking for funds. You want people to invest in
- 11:56your business. You go there with your pitch
- 11:58deck. You make a wonderful
- 11:59presentation. Now at the end of the day, you
- 12:00now say thank you and then you keep quiet.
- 12:03You expect that somebody will now throw their checkbook
- 12:05cartoon and say take money, take money.
- 12:07You finish the presentation. Your final slide is thank you.
- 12:11You don't tell them this is how you should invest.
- 12:14This is when this is how when we would like you to buy in.
- 12:17This is like, you know, ask for something.
- 12:20So just the next step. And that's what doctors do.
- 12:22So just like the guy did in that situation, explain everything.
- 12:25And then I said, this is the next step.
- 12:27And then of course, I said, OK, no problem, doctor, more to go.
- 12:30And to the glory of God, I'm still here.
- 12:32I'm alive and kicking and God willing, I'll be a while for,
- 12:37you know, a good while to come and May God grant us all good
- 12:42health. So how did I enter this super
- 12:47story? Now, how did I get here?
- 12:50Anyway, the point I'm just trying to make is because some
- 12:54of you are highly technical. You know, you don't have to code
- 12:57or you know, you're, you studied engineering and all those things
- 13:00else what you say no, that it's dumbing down.
- 13:02It's not dumbing down. People are just at a different
- 13:04level. So I also, I'm a highly educated
- 13:07individual. I'm very literate and I'm very
- 13:09smart. But then, you know, when I'm
- 13:13sitting in front of a doctor, honestly, there are just some
- 13:15things I do not know and some things I do not understand.
- 13:19So excuse me if a doctor has to take me along or anybody along,
- 13:23they have to break it down to the level that I understand.
- 13:26That's just how it is. So if we're making our
- 13:29proposals, if we're making our presentations, it's not dumbing
- 13:32down well, just breaking it down to the level that people
- 13:36understand. That's just it.
- 13:38Don't look as if you're dumbing down.
- 13:39You're not dumbing down nothing. We know you're intelligent.
- 13:43No problem. Nobody's disputing that.
- 13:47Just try to be effective in your communication.
- 13:49Let people understand. So that's my focus.
- 13:51Just make this thing more conversational, make it easier
- 13:55to understand. So the first thing I told her to
- 13:58do was the front page of the document.
- 14:01I had to tell her change it because the mistake she made was
- 14:05the same thing that we all do. The first slide is usually a
- 14:10picture of our company building or you know, our company logo or
- 14:14something. That is normally that's the Page
- 14:171, is it not? If I'm lying, send me a message
- 14:21and tell me. But that's how most of us do it.
- 14:24No, this thing you're presenting, you're presenting to
- 14:26somebody else. So personalize the thing,
- 14:29personalize the title, personalize the cover,
- 14:32personalize the whatever, customize that first page to the
- 14:36client company. It's not about us.
- 14:39So when we're making this presentation, the opening page
- 14:41should not be Linkin Park Solar with the company building and
- 14:47then with the logo and the, you know, website and every, every,
- 14:50every, no, you're presenting it to an estate.
- 14:53Let's say the estate now is all I call the estate now, OK, let's
- 15:00just say let's call Yanobaja Estate.
- 15:02By the way, it's not Yanobaja was in Lagos anyway.
- 15:05So the presentation is for Yanobaja Estate.
- 15:07Opening page should be a picture of Yanobaja Estate or the logo
- 15:13of Yanobaja Estate or the, you know, personalize it to them.
- 15:19So I told her first of all that cover or something change it.
- 15:23This is not about us. We are the ones making the
- 15:26proposal at the presentation, but we're talking to other
- 15:29people. Change it then, since the flow
- 15:34of the proposal was OK because it's following the spin
- 15:36framework that you know this is your situation.
- 15:39We understand you. This is the problem.
- 15:41We know what you're facing. This is the implication.
- 15:44If you don't take action on this, this is how much money you
- 15:46are losing every single month and then need payoff.
- 15:49If you take action now, even though not 200 M in four to five
- 15:53years, this is how much money you now stand to make going
- 15:57forward. And this, this this system we're
- 16:00designing for you will last 20 years.
- 16:04So you break even in five years, then you have 15 years of not
- 16:08timber profits. So that was the structure that
- 16:12the thing was following sign out holder.
- 16:16Now look, you know, we'll just change some of the headers.
- 16:20Some of the headers were to corporate and put it that way,
- 16:24we need to make a little bit conversational.
- 16:27Not everybody is brave enough to go really, really
- 16:29conversational. So sometimes I try and find a
- 16:32halfway approach. I will propose something that
- 16:34still sounds corporate, but also simply enough for people to just
- 16:41get the gist. So like one of the slides, I
- 16:45think 1, Slide 2, what she had there was current energy
- 16:49challenge. I also try and show that we
- 16:52understand the situation. Like, look, we know what it is
- 16:54you're dealing with current energy challenge.
- 16:56See, that's, that's OK. But it's, you know, it's kind of
- 17:02corporate and it doesn't quite remember I said the whole focus
- 17:07of this presentation now spin is we're trying to show them that,
- 17:10look, there's a serious problem. If you don't take action, this
- 17:15is how you'll be suffering. If you take action, this is what
- 17:19and how you will benefit. So we now have to use simpler
- 17:26language, the kinds of, you know, put people in that frame
- 17:31of mind and input it like that. So instead of current energy
- 17:35challenge, I suggested that she writes something called the
- 17:39diesel trap. I think that's why I suggested
- 17:42the diesel trap. I think we now added current
- 17:46realities at the end, You know, it's compromise.
- 17:48What are the diesel trap? So we're in the middle of the
- 17:53meeting, We've started the meeting.
- 17:56We're talking about how people's over reliance on diesel is
- 18:00causing them problems. And then by the time we get to
- 18:04slide 2 when I'm supposed to delve in, the team says diesel
- 18:08trap. You know, it sets up a very
- 18:14strong mental picture. So yeah, so this diesel that I'm
- 18:17buying, I'm trapped. And because really, let's face
- 18:22it now, why in Nigeria you are trapped?
- 18:24Do you have a choice? Nepal misbehave, What else do
- 18:27you do? You are trapped.
- 18:30We've collected people's rent and they pay service charge.
- 18:34You are trapped. So put it there.
- 18:36The diesel trap instead of current energy challenge.
- 18:40If you say current energy challenge, it sounds corporate
- 18:42and they also sound soft. You know, I'm just, I'm just
- 18:45having a small challenge. When you're, when you're
- 18:49bleeding 15,000,000 every single month on top diesel, that's not
- 18:54a challenge. He's a trap.
- 18:59We're trying to get them to feel the pain.
- 19:00That's the whole point of spin selling.
- 19:04Then there's another slide that we when we started talking about
- 19:10the company now and what we put there was a proposed solution.
- 19:14Yeah, proposed solution. That was the header.
- 19:17So I told her let's look Cinderella, I sort of proposed
- 19:20solution. How about something like this?
- 19:23So what I did was also about all that noise in the background
- 19:29because you know, we're just talking about NEPA.
- 19:30How NEPA they misbehave. They've been showing us Shaggy
- 19:34in this estate as in serious Shaggy.
- 19:36I haven't had life for it's lecture in four.
- 19:40Sure. Any.
- 19:41So light just came back. So that's what all that whistle
- 19:44that was coming in now all that we you know, it's people's, I
- 19:49don't know what you call those things, but anyway, when light
- 19:51comes back, all the whistle just be blowing anyhow.
- 19:53So that was just it. So that's the sound of whistles
- 19:56blowing people's, people rejoicing and then equipment
- 19:59coming on and stuff like that. I'm not sure if it bled through
- 20:03the microphone because I'm trying to do some soundproofing
- 20:05and stuff, but just in case it did, that's what the that's what
- 20:09the noise is, so. Where was I?
- 20:13So instead of proposed solution, I've told Cinderella, let's try
- 20:17something else like the path to low cost energy.
- 20:22You see, proposed solution is OK, kind of corporate, kind of
- 20:26academic. But the path to low cost energy,
- 20:28like we're signaling to them that where we're taking you,
- 20:31we're taking you to low cost energy because right now the
- 20:34path you're on is 13 to 15,000,000 naira every single
- 20:39month on diesel. We're not even talking NEPA,
- 20:44just diesel. So we're signaling that we're
- 20:48heading somewhere. The path to low cost energy,
- 20:52that's what we're signaling. Another proposed heading that we
- 20:56looked was was our road map to energy independence.
- 20:59So this company us, we Lincoln Park Solar, this is how we are
- 21:04proposing this is our road map so that you would not have
- 21:08energy independence that's in you and Nepal.
- 21:10Nothing will join you people again, nothing will gum you
- 21:13people. You'll be able to manage your
- 21:15estate and not worry about Nepal at all.
- 21:17You'll be able to say to hell with Nepal.
- 21:20Even me personally, that's why I'm trying to work towards now
- 21:23because one went to go and see Mumsy during Christmas because
- 21:29some of my siblings, you know, we're able to contribute so that
- 21:32we can do solar for Mumsy or more.
- 21:34I won't like that thing is beautiful as it once the sun
- 21:38shines, you now know that the sun is powering your house.
- 21:41I won't like that thing is beautiful.
- 21:44So even me 2000 I'm looking forward to so I can see NEPA to
- 21:47hell with you. So they even if they disappear
- 21:49for one week, I'll be like I don't care.
- 21:53So the path to low cost energy, our road map to energy
- 21:58independence instead of the same proposed solution.
- 22:01Remember spin selling, we're trying to push them somewhere
- 22:05that look, there's a problem. This is a serious problem.
- 22:08If you don't do anything, this is the problem you will remain
- 22:11in if you if you if you follow us to the promised land, this is
- 22:17what you will enjoy. So all the headers that we're
- 22:20using in the proposal in the presentation is signaling is
- 22:23signaling is signaling. So that's why I say simpler
- 22:26language less corporate because all these corporate talk like,
- 22:30you know, proposed solution, current energy challenge, you
- 22:34know, it's it doesn't hit home diesel trap your signal to them
- 22:38that you are in a trap. OK, then let's see another one
- 22:45that we switched out some words. OK.
- 22:46There was another section where this was the part that I liked,
- 22:51monthly financial impact and cost savings.
- 22:54That was the header. And then of course, everything
- 22:57was there in the table. And see, that is the beautiful,
- 23:00the beauty of quantifying a sale.
- 23:03When you are in a situation where you can quantify a sale,
- 23:05not everybody can quantify. But if you're in one of these
- 23:08industries where you can quantify, quantify it well so
- 23:12that people will see it. This is how much you'll be
- 23:15spending in diesel month one, month 2, month three, month 4.
- 23:19If you go with us, this is how all these high, high number
- 23:24you're looking at here, this is how these numbers we crash.
- 23:30Then you see this figure here, this sweet figure at the end of
- 23:33four or five years, all this money now will be reflecting
- 23:37well for your company's balance sheet.
- 23:42You get me? So, but she titled it monthly
- 23:46financial impact and cost savings.
- 23:49So sounds corporate, but a little too academic.
- 23:52So I told her I would have liked to make these things even much
- 23:55more conversational. So conversational that even a
- 23:57secondary school student will see it and understand, let me
- 24:01even say primary school student. But you know, not everybody's
- 24:04brave enough. Not everybody's willing to try
- 24:06that. So what I suggested was reducing
- 24:10your monthly bill. I wanted that to be the heading,
- 24:15reducing your monthly bill. You know, I think it signals
- 24:19more strongly than monthly financial impact and cost
- 24:22savings reducing your monthly bill.
- 24:29I would have liked to even use even more.
- 24:32Anyway, let me let me just leave it.
- 24:34I already made my point. Let me just leave it.
- 24:36But the whole point is that particular section you're trying
- 24:39to answer your question, how are we going to save you money?
- 24:44In fact, let me say it, I really think it's not a problem for in
- 24:49your PowerPoint for the header to be how we will save you money
- 24:53over the next 10 months. I don't think that's the problem
- 24:56with that kind of header is direct go straight to the point
- 25:02you switch the PowerPoint, the header is there clear bam how we
- 25:05will save you money in the next 10 months.
- 25:09I think that is more compelling than saying monthly financial
- 25:12impact and cost savings header, bam, how we will save you money
- 25:17in 10 months. Then let's see what else.
- 25:24OK, another slide, cumulative 12 months savings.
- 25:29OK, it's a little bit too corporate, a bit too academic.
- 25:34So what I suggested, because I know that they won't go with my
- 25:37overly simplified ways, was recovering costs over 12 months,
- 25:41but just trying to show them this is how you recover money
- 25:44over this period. So your headers should be strong
- 25:48enough and bold enough to say just that.
- 25:51Then there's another slide that said projected financial impact.
- 25:55That's OK, a bit too corporate. What I suggested was the future
- 25:59value of your investment because they need to think of that 200 M
- 26:04as an investment. Lots of people be thinking of it
- 26:07as cost, as cost as cost. So we should try and reframe
- 26:10this thing properly. Now.
- 26:12No cost is the one that you're not recovering now 1515 million,
- 26:15you're spending every single month on diesel, you can't
- 26:17recover it. That's the one that is cost.
- 26:20This 200 M that I want to collect from you.
- 26:22After five years, you will recover it.
- 26:24The system itself, we don't give you guarantee, we don't give you
- 26:26warranty. This thing will last for another
- 26:28extra 15 years. So what are we talking?
- 26:33These are all projected financial, No, the future value
- 26:36of your investment is an investment and the team has
- 26:39value. So let's put it there as the
- 26:42header. I think another one suggested
- 26:48was protecting the estate from future price spikes.
- 26:52I think that was another heading.
- 26:54You know, I came up with a couple so that, you know,
- 26:56discuss the ones that they feel comfortable with because at the
- 26:59end of the day, and it's also another reason why when I'm
- 27:02working with people on their presentations and their
- 27:04proposals, you know, I give leeway because, you know, I
- 27:08suggest an idea. But The thing is, at the end of
- 27:10the day, now you go make the presentation.
- 27:11Now you go propose. I won't be there with you in the
- 27:14room when you're talking to your client.
- 27:16So at the end of the day, we have to pick something that
- 27:20you're comfortable with. So I'll never try a bamboozle
- 27:23somebody to say no. This is the best way to say it.
- 27:25No, because if you try and talk like me, if you try and sound
- 27:28like me when you're there with a potential client, you will
- 27:31fumble because you're pretending to be somebody else.
- 27:36So let's see. OK, then the final slide was ROI
- 27:41summary, ROI, return on investment, you know, corporate
- 27:44jargon. So I suggested two different
- 27:48headers. One I said was payback timeline,
- 27:54a headline that shows them this is when this thing you're
- 27:58buying, this is when we'll pay you back, pay back timeline.
- 28:03Another head I suggested was when your system pays for itself
- 28:07you know to try and signal to them that this thing will pay
- 28:11for itself and we are giving you a timetable.
- 28:14Year 1 this is what we look like.
- 28:16Year 2 this is what we look like.
- 28:17Year three it will look like this year 4 break even.
- 28:21Year 5 profits the system has paid back for itself.
- 28:28So other. Anyway suggestions are plenty
- 28:34but let me just leave it like that.
- 28:35But I just hope you guys get the point that all the suggestions I
- 28:38was making, I just wanted to be much more conversational so that
- 28:42the people you're making the proposal to the presentation to
- 28:44will get the point. And also so that they will get
- 28:48into the spirit of the presentation.
- 28:51When you make your presentation, your PowerPoint, your PDF, your
- 28:54whatever, The thing is up there on the big screen and you're
- 28:57using plenty of corporate speak. People zone out, they zone out.
- 29:03They've come for this meeting because you're the consultant,
- 29:05you're the professional, you're the engineer, you're the
- 29:07whatever. You know, at the end of the day,
- 29:09maybe they have one or two questions about the, the, the
- 29:13project, but you know, the slide that they're waiting for is one
- 29:17that says a price. And then their mind will be
- 29:19anchored on the price. You know, so we have to handle
- 29:23this, this presentation. We have to handle this, this,
- 29:26this proposal differently. We need to make it
- 29:28conversational. And there's also another thing I
- 29:30told her you don't just put up slide one, then slide 2, then
- 29:34slide three. No, you put up slide one, OK.
- 29:37This is our understanding of the estate.
- 29:38This is our understanding of the company.
- 29:40This is our understanding of the situation.
- 29:42You now ask somebody, I said facilities manager will be in
- 29:44the meeting, right? She say yes, I say good.
- 29:46At this stage, you will now ask facilities manager.
- 29:50Now, Sir, is my understanding correct so far?
- 29:53Then you keep quiet and then you hear what facilities manager
- 29:57will say, but design facilities manager says one or two things,
- 30:02you know, you continue and then you now ask a specific person
- 30:06that Oh, chairman, so, so, so you're the head of the estate,
- 30:10estate estate. What do you call them again?
- 30:14This estate association, is it resident?
- 30:16You're the head of the estate residence association.
- 30:19Oh yes. So Sir, Mr. Chairman Adeji, this
- 30:23thing that I said about so, so, so, so you know, is that is that
- 30:26correct? Am I on point there?
- 30:29Is there anything else that Mister Adej like by calling out
- 30:31specific people in the presentation?
- 30:33As you are talking, you say A, you say B, you say C, you now
- 30:37call out one specific person and get his feedback on that.
- 30:40By the time people they engage, you say something, facilities
- 30:44manager say something, Chief Adeji say something, another
- 30:46person say something. This whole presentation will now
- 30:48be engaging, will now be lively. Then the people that have
- 30:52something at the back of their mind, you know, don't be shy.
- 30:54They will now ask you the people who think, oh, you're
- 30:57manufacturing figures from thin air, they will now, because
- 31:00everything is chill and construct, they will now say it.
- 31:03I say, look, all these numbers self engineer all these numbers,
- 31:05you're just manufacturing these numbers.
- 31:06You're not able to say either. OK, no, be manufacturer.
- 31:10That is what we do it. We came with energy locker.
- 31:12This is how we track your this this is how we whatever whatever
- 31:16facilities manager gave me NEPA view.
- 31:19And you know, you will now give them the basis for how you
- 31:21arrived at these figures. But if you just go up there and
- 31:25make this thing a very sterile corporate dry presentation,
- 31:30somebody will be thinking in his mind that see them see them
- 31:35because they have master because they go school.
- 31:37They're just manufacturing numbers up and down.
- 31:39They can't deceive us. They can't deceive us.
- 31:40That's what the person will be thinking in their mind and then
- 31:43they'll collect proposal. So thank you very much.
- 31:45We'll think about it then they'll send you away.
- 31:47Then they'll now bring out the proposal that they had with the
- 31:49other person. And then they will now start
- 31:50comparing, start comparing what they don't know.
- 31:53Make this thing smooth, make this thing, you know,
- 31:55conversational, like be flowing. You're talking to human beings
- 31:58here. Yes, we are younger than some of
- 32:00these people. So, you know, you defer, you
- 32:01show some respect, you know, due respect, Sir Honourable chief,
- 32:06you know, but make it conversational so that the thing
- 32:09that is on their mind, let them say the person who talks, who
- 32:11thinks you're talking, be yes, let him say it.
- 32:15If he says it to your face while you're there making the
- 32:17presentation, you will have a chance to defend yourself, to
- 32:20correct the impression, to educate them to you know, to
- 32:23whatever. So even when it comes to
- 32:27proposals, please bear in mind, because I keep saying that sales
- 32:32and selling is a conversation. Even when you are making this
- 32:35proposal, this presentation, please bear in mind it's still a
- 32:37conversation. It hasn't stopped being a
- 32:39conversation. Yes, I know that group dynamics
- 32:42are different, but for lots of you who are listening now,
- 32:45you'll be making presentations to small group.
- 32:49You don't 5 people, seven people, you don't Max 10 people.
- 32:54You can make things conversational in a group of 10
- 32:57or even in a group of 15. You say one or two things, say
- 33:00auger Chairman, I'll be on my own course.
- 33:03Chairman said I know you made a mistake and say oh, you will now
- 33:06know that OK, you can adjust your proposal on the fly.
- 33:08By the way it happens, that's not a problem.
- 33:10You are the specialist, so don't be afraid.
- 33:13Any information that they gave you was off is not a problem.
- 33:16You will just factor into your presentation and then and then
- 33:18you move. Especially for those of you who
- 33:21are gurus, you know, geniuses, you use what's this thing called
- 33:25Excel. Use Excel to prepare your
- 33:28figures and the table and everything.
- 33:30Once they give you the correct figure and you put it inside
- 33:32your Excel sheet, your Excel sheet, you just do enter all the
- 33:35figures, go adjust and then you continue your presentation
- 33:39smooth, no problem. So don't be afraid, ask for
- 33:42feedback. If you're on course, it's know
- 33:45now that you're that you're on course.
- 33:47If you're not on course, if you've missed the point, gain
- 33:49feedback. Know that you have missed the
- 33:52plot. Let them correct you.
- 33:54And then because to finish this presentation thinking you did a
- 33:57good job, meanwhile what you did is rubbish.
- 34:00You now find out from your inside man that what you did was
- 34:02rubbish. To get another meeting to come
- 34:04back will be harder. Anyway, it's been 30 minutes, so
- 34:08let me just bring today's episode to a close.
- 34:11So that's it. If you'd like to connect with
- 34:12me, then call me, send me a text message or a WhatsApp message on
- 34:1608064662140. If you want me to audit any of
- 34:22your business processes, you reach out to me on the same
- 34:24number 08064662140. If you want to be a part of my
- 34:30WhatsApp channel, then send me a text message and I will hook you
- 34:33up. So thank you very much for your
- 34:35time and attention. I will catch you all some other
- 34:38time.