Latest / Closing Sales in Nigeria - Sales For The Nigerian Business Person: The Sales and Marketing Blueprint / Getting Clients for Your Business: Part 2
Transcript
- 0:01Today on the podcast, we're going to do the Part 2, the
- 0:04second part of outbound marketing ideas for people who
- 0:09are in real estate. And yeah, we're continuing from
- 0:14a question basically that came from Jackson who lives in Abuja,
- 0:18CBN quarters and somebody who called in on my radio show, not
- 0:21on the podcast. Now, this is your first time of
- 0:24listening to the podcast. You know, there is a prior
- 0:27context to this. There's a prior background, so
- 0:29listen to yesterday's episode and then you're going to get
- 0:32caught up to speed. My name is Tarish Shima Aidi,
- 0:35I'm the host of the podcast. If you would love to connect
- 0:37with me because you have a question, you have a comment,
- 0:40you have a query like Jackson did, you can call, send me a
- 0:44text message or WhatsApp message on 08064662140.
- 0:51And also, if you like these sorts of issues, how do you get
- 0:54customers for your business? How do you get clients?
- 0:56How do you lure them in? How do you chase after them?
- 1:00How do you build client relationships?
- 1:03How do you get referrals and introductions to other
- 1:06customers? Then this podcast is for you
- 1:08because these are the sorts of things that we talk about over
- 1:10here every day on the show. And by the way, making today's
- 1:13recording at home. So there's going to be some
- 1:16noise in the background. So, yeah.
- 1:20So that's it pretty much. Oh, and therefore those of you
- 1:22who are regular listeners and who listened yesterday, I beg my
- 1:26sincere apologies. You know, I make this, these
- 1:31recordings just by holding the, the phone to my mouth basically.
- 1:37And that's how I've been getting away with good audio quality for
- 1:40the last five years that I've been doing this.
- 1:43So over 1200 episodes and every single episode has been recorded
- 1:47this way. Me basically just holding the
- 1:49phone, I'm out to my mouth. But you know, I've been doing
- 1:52this for like 5 years now. So you know my right arm now I
- 1:56don't begin to grow biceps. I'm looking a little muscular on
- 2:00my right arm because I'm always hefting off the phone.
- 2:03So yesterday and I said let me try 1 recording setup.
- 2:06Let me see whether the thing will work.
- 2:08And at first I thought it worked OK.
- 2:11But then after I uploaded the, excuse me, after I uploaded the
- 2:14podcast and I listened to the audio, I was like, I know that
- 2:17the audio quality is better this way.
- 2:19So apologies for yesterday's recording.
- 2:21I'll just keep on with this form of recording until I can find
- 2:28something else. I already discussed with the
- 2:30sound guy today and he showed me some different kinds of setups,
- 2:35expensive setups are, you know, like 300 K400 K, you know, so
- 2:41stuff that can be done. But yeah, I'll look into it in
- 2:43the future. But don't worry until then, I'll
- 2:45just stick to the same way that I've recorded the earlier
- 2:48Thousand podcast. And yeah, we'll have the good
- 2:51old audio quality that we are used to over here on the
- 2:54podcast. So yeah, outbound marketing
- 2:58ideas for those of you who are real estate professionals.
- 3:01And like I said yesterday, even though we're using real estate
- 3:04as a case study, so excuse me, even though we're using real
- 3:08estate as a case study, it can apply to any business.
- 3:10So anytime I say real estate, just remove real estate.
- 3:14And let's say you're in the business of, you know, selling
- 3:17wines. Every time you hear real estate,
- 3:19remove real estate and just put wine there.
- 3:23And you see that these principles work as well for most
- 3:27businesses. So also, one moment I forgot I
- 3:31have meat on the fire. Let me go ahead and check it
- 3:33first. I'll be back in a couple of
- 3:34seconds. OK, I'm back.
- 3:38Sorry about that. Yeah.
- 3:42For those of you who have been listening to the podcast since
- 3:44day one, you know that I don't like cooking.
- 3:46But you know as you grow older now and also you know he get
- 3:52married, you know helps to be flexible.
- 3:54So I say let me try some kitchen practicals.
- 3:57Let me see what I can impress, you know my wife and my kids,
- 4:00let me just try 1 something. So you guys be praying for me
- 4:03that the experiment works out well because if it works out
- 4:05well, my wife would be impressed and my children be like oh OK
- 4:09dad, you can cook. If it turns out poorly, you will
- 4:12hear over the news that a man decided to cook for his family
- 4:15in Abuja and ended up killing a family of four because he
- 4:19poisoned them to death. So just pray that the experiment
- 4:23turns out cool. So outbound.
- 4:26Now for those of you who are listening to the podcast for the
- 4:28first time, there are two philosophies when it comes to
- 4:31marketing and business in general and that is outbound and
- 4:33then inbound. Inbound is when you're trying to
- 4:35do stuff to get people to chase you.
- 4:37You know that situation where you say not damn, they rush us.
- 4:41You know, that is the, that is the Holy Grail.
- 4:44That's the situation all of us are getting to.
- 4:45You just want to stay where you are and then the market will
- 4:47come and meet you. So that's what a whole lot of
- 4:51people are trying to trying to do.
- 4:53Now the opposite of that is our bound where you do things that
- 4:58involve you chasing after the market, chasing after the
- 5:03customers, chasing after the contact, you taking
- 5:07responsibility for moving things forward.
- 5:10So that's what we started discussing yesterday and
- 5:13yesterday we looked at paid advertising.
- 5:16Then also the importance of targeting.
- 5:18You have to make sure that your demographics and psychographics
- 5:20are on point. If this is your first time
- 5:22listening to the podcast, don't worry, I broke it down
- 5:24yesterday. The audio quality yesterday was
- 5:27not too good. Like I said, apologies, I was
- 5:29trying to stop new stuff out and let's see what else.
- 5:33We also looked at SMS marketing and I think we looked at
- 5:36billboards. So today we'll now just wrap it
- 5:38up sharply using networking and events, prefer marketing, cold
- 5:44calling, and then some ideas around the diaspora because
- 5:51that's also a market that lots of real estate professionals
- 5:55haven't tapped into because you know, our brothers and sisters
- 5:57now, you know, because of insecurity or Timbu economy or
- 6:01whatever, lots of people just Jack back, you know, they just
- 6:03caught, they just miss. But after a while they start
- 6:06thinking, you know what, I better have some investment
- 6:09classes back home. Then they start making phone
- 6:12calls saying, oh boy, what's up? Do you know any development
- 6:15going down? I want to buy land in Abuja, I
- 6:18want to buy in Lagos, you know, blah, blah, blah and all those
- 6:20things. So I think those of you in the
- 6:22real estate space, there's an on top market with the, with the
- 6:27Nigerians who are based abroad, Nigeria and diaspora.
- 6:31And in fact, I'm currently doing some work with a real estate
- 6:34startup who's trying to take advantage of that.
- 6:36They're trying to take advantage of that space.
- 6:41So let's see. OK.
- 6:44And then also dealing with broker networks.
- 6:48So let's go straight into networking.
- 6:51If I covered networking yesterday, then apologies.
- 6:53You know, I don't have a production assistant, so
- 6:56sometimes I can't remember exactly where I started or
- 6:58exactly where I stopped. So just bear with me.
- 7:01When I have money and I have a production assistant, you see
- 7:04that the quality of this podcast draws beyond on another level.
- 7:09Yeah. But until then, let's continue.
- 7:11So yeah, networking and events. Now this is a form of outbound
- 7:18activity where you are not going to be guaranteed short term
- 7:21results. Now the reason why I'm pointing
- 7:23this out is because when we started this whole thing about
- 7:27outbound, I was saying that I prefer to tell people to start
- 7:30with outbound because there you have more control over the
- 7:34results that you get. So if you're doing the right
- 7:37activity at the proper volume, when I say volume, I mean
- 7:41intensity, I mean number of people they're supposed to reach
- 7:43out to and you're using proper technique, then you should have
- 7:48some control over short term results.
- 7:49So in real estate now the short term results we'll see will be
- 7:52this short site visits and then office meetings.
- 7:57So whether he's doing Flyers or whether he's doing cold calling
- 8:01or whether it's, I don't know, making presentations before
- 8:06church groups because, you know, that's also possible.
- 8:08There are people who drop more business that way.
- 8:10You go and talk like back when I was in insurance, there are some
- 8:14insurance sales people. That's how they used to sell.
- 8:17You know, you go into a parish, you take permission, you find
- 8:20out when Christian Mothers Association is meeting, you go
- 8:23and you have a presentation before CMO and you say, good
- 8:27evening, mommies. Thank you very much for having
- 8:28me here. I work with social insurance and
- 8:33you apply that stage where some of you are now preparing for
- 8:35retirement, preparing for legacy, preparing for this,
- 8:38preparing for that. And that's the reason why I'm
- 8:40here before you today. We have some interesting
- 8:42products that should help you to be able to put aside XYZ, you
- 8:46know, for your beneficiaries, you know, for your kids or if
- 8:50you're doing retirement planning.
- 8:52We have this portfolio, that portfolio, you know, and then
- 8:54you just make the presentation. So there's some people that drum
- 8:56up business that way every single Sunday.
- 8:59You just be going out parish to parish.
- 9:02So maybe this month it can be Christian Mothers Association.
- 9:06So this Sunday 2 parishes, next Sunday 2 parishes like that,
- 9:10like that throughout the whole year.
- 9:14So you take advantage of those sorts of activities.
- 9:17You should start seeing some sort term, short term results.
- 9:20So for somebody who is selling insurance, you know, short term
- 9:22results would be the number of people who call you back because
- 9:26I think you collect some phone numbers and you drop some
- 9:28business cards. So the more of these things you
- 9:31do, the more phone calls, the more what happens is you'll be
- 9:34getting the people who say my son laughing that you said about
- 9:39annuity, I beg I didn't understand.
- 9:41Can you explain it better? So those are some short term
- 9:43results. So I always start without bound
- 9:47because you're in direct control.
- 9:48You can start seeing some short term results for real estate.
- 9:52The more activities you try out, you know, the more site visits
- 9:54you will get, the more office meetings you will get.
- 9:57Doesn't mean that the deal is going to close soon.
- 10:00But now, now that we're talking about networking, I want to
- 10:03point out one thing networking that principle doesn't apply
- 10:07here. You can network like crazy in
- 10:10the month of January. It doesn't mean you see a single
- 10:13couple or you see a single anything because the dynamics of
- 10:17networking are different. The dynamics of networking are
- 10:20more long term and value driven. In other words, you go out, you
- 10:25hang out getting ingrained in different networks.
- 10:29But unless people see that you are a correct guy and that you
- 10:34are a valuable resource, it is only then that people will begin
- 10:37to mess with you, that they'll begin to flow with you.
- 10:40So in the beginning, when nobody knows you and you know nobody
- 10:45knows like and we've been seeing your face, but we don't know
- 10:49whether you're a correct guy or you're correct, babe, you know
- 10:51nobody's going to flow with you. So the dynamics for networking
- 10:54are long term. So if you need money now and you
- 10:58need clients now, you need the hook up now, then attending
- 11:04networking sessions every single day for this month, for the rest
- 11:10of the month is not going to yield you nothing because the
- 11:14dynamics are different. But still that is our bound and
- 11:18still we should be doing networking because it yields
- 11:21very good results long term. But just remember, networking
- 11:25has to be value driven. People need to see that you're a
- 11:30connector. People need to see that you have
- 11:32value. People need to see that when you
- 11:34step into the room, those that guy don't come.
- 11:37Now that this guy is here, I know that this problem is solved
- 11:40or I'm having one or two things. If I call this guy, even if he
- 11:44can't help me solve it, he would give me the hookup.
- 11:48Now when you become that guy, networking is going to start
- 11:51yielding returns for you. So real estate professionals,
- 11:55yes you should be doing networking.
- 11:57But if you're hungry for business now and maybe cut up
- 12:00networking and focus on other stuff, then re referral
- 12:05marketing. Now referral marketing is low
- 12:08hanging fruit. Referral marketing just means
- 12:10introductions. Basically you're getting your
- 12:12customers that you have now to be introducing you to other
- 12:15people so you can do business with them.
- 12:17However, therein lies the problem.
- 12:20A lot of you are not even talking to your current
- 12:22customers. You just collect money and you
- 12:24say thank you and then that's just it.
- 12:26One bam, thank you, ma'am. Nothing.
- 12:28Again, no follow up, no keeping in touch.
- 12:30Know how the kids know? Did the product work?
- 12:33Well, no, nothing. A lot of you just collect money
- 12:37and then you know, you fade. So I'm not asking you to pretend
- 12:42that you like people if you don't genuinely like them.
- 12:46But The thing is, look, this is a business here and this is the
- 12:49way it works in sales. It's not just about the number
- 12:53of people that you close. Now, the sweet money comes from
- 12:56the people who come back to buy again, because those people,
- 13:01they don't require too much toasting or too much chasing.
- 13:03So when they come back, the money that they're paying to you
- 13:07is, is is mostly profit because you didn't go to the office, you
- 13:12didn't print flyer, you didn't, you know, you didn't waste time,
- 13:17you didn't waste money, but they came back and then also getting
- 13:23them to introduce you to other people.
- 13:25So the sweet money, the good money, the real money is in the
- 13:29repeat purchases. Take for instance, that we do.
- 13:34I saw on Instagram when I saw this thing, when I saw this
- 13:38thing, I just deleted Instagram from my phone.
- 13:41I said, what kind of rubbish is this?
- 13:44I saw the video where the guy was jumping around and happy,
- 13:46you know, jubilating, almost like doing Thanksgiving.
- 13:49I say what's going on? Why is Davido behaving like a
- 13:51trot? What's going on?
- 13:52And then I checked and I saw that Davido bought Rolls Royce.
- 13:57I can't remember the model. And then I saw the price tag,
- 14:001.8 billion naira 1.8 minus clearance fees.
- 14:06I saw that on Manga. Manga is a car dealer in Abuja.
- 14:10So Manga and Circle Motor, you know their boys, they hang out,
- 14:14you know, the jointly produce contents and see this like it's,
- 14:20it's beautiful. Some of you have too much of A
- 14:23competition mindset. But take these guys now.
- 14:25Manga, he sells cars. Circuit motor, they sell cars,
- 14:30both of them, hundreds of thousands of followers.
- 14:32But they don't feel as if they're competing.
- 14:34They join together once in a while and then they create
- 14:36content, introducing each other to each other's audiences,
- 14:41amplifying the growth of their content.
- 14:42Very smart boys. The rest of us got a beef like
- 14:47like who is this guy? When did he come?
- 14:50Like, what's his deal like? What's he feeling like?
- 14:54But you can see that people are just cooperating and making
- 14:57good, good money. So in the bottom line shop don't
- 15:02view all these sorts of things like from from a competition
- 15:05mentality, like there's room for everybody, there's market for
- 15:08everybody. So don't be getting too
- 15:11antagonistic. You know that you see somebody
- 15:12on the come up now you go to begin their beef.
- 15:15Sometimes you're better off if you start collaborating with
- 15:17people. So like I said now so was on
- 15:20manga's profile that saw it and manga said that the thing cost
- 15:221.8 billion naira minus clearance.
- 15:26OK, imagine 1.8 billion and I say ignore, I'm deleting
- 15:32Instagram from my phone. I can't be waking up to this
- 15:34kind of rubbish of being mechanic and then this small boy
- 15:37will be pulling car, the pulling machine of 1.8 billion naira.
- 15:43So I deleted the Instagram. Where was I?
- 15:47Referrals. Repeat purchase.
- 15:50Now this is not the guy's first. This is not Davido's first Rolls
- 15:57Royce. So the people who sell Rolls
- 16:00Royces. The first time Davido walked in
- 16:02and the guy dropped money on the table, bam.
- 16:04I'm sure it was good for them that that money was was sweet.
- 16:06It was alright, but the real profit comes when Davido comes
- 16:11to buy the second model. And then of course, after a
- 16:13while, Davido, you know, he becomes a even bigger boy.
- 16:17And now the guy has correct money and the next time he shows
- 16:20up, he now drops 1.8 billion on the table.
- 16:22Beam you say? Give me that car.
- 16:26That is the idea behind repeat purchases and referrals.
- 16:30And of course, you know this kind of thing.
- 16:31Now Davido has dropped 1.8 on this one.
- 16:35They don't. He'll be chilling with boner
- 16:36Boy, a boner boy be like, oh boy, this your car sweet die,
- 16:40you know, and as they are spiffing and everything, you
- 16:43know, he went, I'm OK, boner boy.
- 16:44I know say, you know, you know, together, but I can introduce
- 16:48you, you know, maybe they can hook you up something, blah,
- 16:50blah, blah, blah, blah. And then next thing he will
- 16:52carry boner boy to the dealer. And even if Boner boy does not
- 16:55drop 1.8 billion, at least maybe Boner work and drop maybe like
- 16:59700, you know, 700 M and then buy his own model, maybe a
- 17:04smaller model or something like that.
- 17:06But you see that's what we're aiming for in business.
- 17:09It's not just that somebody will come and drop the millions one
- 17:11time Beam want the person to drop millions today Beam then
- 17:16hopefully in two years time, the person will carry their own 2
- 17:18legs and then come back drop millions again Beam.
- 17:21There's a situation increases one day they will come and then
- 17:24they will drop billion on our table.
- 17:25Beam as we're looking for that is called repeat purchase.
- 17:29Then referrals is when they bring people along.
- 17:31So when Boner Boy, when that video brings Boner Boy there,
- 17:36maybe Boner Boy is now chilling with what's his guy, Star Boy.
- 17:43And then they're smoking like, and you know, they're talking
- 17:45philosophy and everything. And he's like, even with this,
- 17:49you're right, you know, it's the correction.
- 17:53And then they now bring Starboy to the dealer.
- 17:56That is where the money comes from.
- 17:57Repeat business, repeat purchases and referrals always
- 18:03get introductions. So real estate professionals,
- 18:05you should be taking advantage of referrals as well.
- 18:09But to get this whole referral thing going, you have to have
- 18:12been talking to your customers in the 1st place.
- 18:15So there's low hanging fruit. Keep in touch with people who
- 18:17have bought from you in the past.
- 18:20The goal is you want to be sure that people are happy with the
- 18:23purchase. You want to be sure that The
- 18:26thing is still working for them. So, you know, I'm sure once in a
- 18:30while, Rolls Royce, I've been calling that video for saying
- 18:33what's up. Hope the car is working OK,
- 18:36there's no problem. Or by the way, our computer
- 18:40shows us that you've done 200 miles.
- 18:42It's now time to come and do your free, your free
- 18:44complimentary oil change or your free complimentary hookup or
- 18:48something, You know, keep in touch with the people that you
- 18:53have done business with. From there, low hanging fruit
- 18:57referral marketing. Somebody will come and buy
- 18:59again. Then they also introduce their
- 19:01friends and their family members.
- 19:02Well, by the way, we should get into the habit of asking for
- 19:07referrals. At some point you have to be
- 19:09able to say, oh, that we do now that you're enjoying the silver
- 19:12spirit and everything looks cool and blah, blah, blah.
- 19:15I'd appreciate it if you can introduce me to other people in
- 19:17your network, which other young up and coming, you know, Baller
- 19:22type some some some, you know, who do you think would like to
- 19:24have? You know, which of our friends,
- 19:28you know, would like to enjoy this level of luxury or, you
- 19:34know, shop. You ask, you ask them.
- 19:39So when you close the deal and Odugu buys a plot of land and
- 19:44they do Browns groundbreaking ceremony and everything is going
- 19:47OK. The house is coming up fine.
- 19:49It's not a problem to ask later on to ask if he knows other
- 19:52people who would like to take advantage of this opportunity as
- 19:55well. And of course, you know, for
- 19:57some people and in some industries, you know, they try
- 19:59and throw in a sweetener to say and you know, you know what if
- 20:02you get me a client who caught you, this percentage, we do
- 20:05this, we do this, we do that. But sure.
- 20:08Well, anyway, you get the point of what it is I'm trying to say
- 20:11those of you who are real estate professionals, so.
- 20:14Refer our marketing low hanging fruit then cold calling and
- 20:17direct outreach cold calling and direct outreach Oh sorry let me
- 20:23go on let me check this meat again Let this be not born I'll
- 20:25be back OK, I'm back. I've taken the meat off the fire
- 20:32now everything is making progress.
- 20:34I say let me just let this team marinate in his own juices maybe
- 20:37for like 2-3 hours then I'll now take it to the next level.
- 20:40You know, this is a recipe that Mumsy taught me when we were in,
- 20:45when we're in Lagos, because then it was just Mumsy and the
- 20:49five of us. So we didn't have a house girl
- 20:51then. So, you know, just teaching us a
- 20:55few things, one or two recipes. So basically you take the meat,
- 21:01of course you clean it, you cut your onion, put one side, cut
- 21:04Maggi, put one side. Then you let it Stew in his own
- 21:08juices as you boil it. You boil it nice and slow.
- 21:13Let's see what else. We used to put Curry on time
- 21:15back then when I think I tried some, I call it oregano, but my
- 21:21wife says no, it's, it's oregano.
- 21:23So, so put some oregano on top, you know, put some nice small,
- 21:27small spices. Then everything just simmer
- 21:29down. Let all the juice just soak up
- 21:31back into that meat by the time you take it and grill it like
- 21:34man, that is some bastard meat right there.
- 21:37Very good stuff, very good stuff.
- 21:38So for those of you who are married or you're trying to
- 21:42impress your girlfriend, just take this recipe that I've told
- 21:45you. Try this thing.
- 21:47Give it to your babe. You will call me back with
- 21:50testimony. You will call me back with
- 21:53testimony. I am assuring you this thing
- 21:55works every single time. Just rewind what I said.
- 22:00For those of you young men who are single, try this recipe of
- 22:04this grilled meat that I told you boiling slash grilling.
- 22:08You know, anyway, let me not let me just leave it like that.
- 22:12I'll wait to hear your testimonies.
- 22:15So cold calling now and direct outreach forms of outbound.
- 22:21I remember outbound going outside to go and look for
- 22:25customers. Now cold calling basically is
- 22:28when you're calling up a stranger.
- 22:31Cold calling, properly speaking, some people think whenever you
- 22:34call, you call someone for business is cold calling.
- 22:37No, that's not the case. Cold calling, the cold there
- 22:40just means this call is not warm.
- 22:43Like we don't know each other. I'm a stranger, you're a
- 22:45stranger. There is no prior context.
- 22:48I've never seen you before. You've never seen me before.
- 22:53Nothing gone once before. I don't know you.
- 22:56You don't know me. So it's totally cold.
- 22:59But yes, you have to call people to do business.
- 23:03So it's a skill in itself that can be learned.
- 23:07So don't worry, it sounds daunting, but you can do it.
- 23:12Now, the fact that we say it's called calling doesn't mean it
- 23:15has to be on the phone because traditionally speaking, cold
- 23:19calling was just you going to go and visit somebody who is a
- 23:23stranger. Because remember, telephones
- 23:25haven't always existed. Mobile phones are new,
- 23:29relatively new. I know it seems as if they've
- 23:33been around forever, but mobile phones are still new
- 23:35technologies. The ring.
- 23:37Ring, the old one. Yeah, that one has been there
- 23:39for quite a bit. But mobile phones are still new
- 23:41phones. I haven't always been here.
- 23:42So call calling used to include you just rolling up to
- 23:45somebody's office. You're a complete stranger.
- 23:48You're trying to sell your product or your service.
- 23:50Although nowadays people call that canvassing.
- 23:52People, you know, usually now say cold calling is when you use
- 23:55the phone and if you're using your leg, you call that
- 23:58canvassing. So you drive here, you drive
- 24:00there, you enter into somebody's office, they call that
- 24:02canvassing. But I like to use the terms
- 24:05interchangeably. I still like call everything
- 24:08cold calling. So you calling total strangers
- 24:12or going to go and meet total strangers.
- 24:16OK. Of course, this is also what
- 24:17some people call direct outreach.
- 24:19So you don't worry yourself too much about what The thing is
- 24:20properly, properly. So forgive me, wife was now
- 24:24speaking TV English. So don't worry about what it's
- 24:26so properly called. Just try and get the the
- 24:32principal, the idea and the idea is this.
- 24:35For somebody who is a real estate professional, you can
- 24:39walk into corporate offices, of course, dress up well.
- 24:44And This is why sometimes it's nice to have your own car
- 24:47because if you wear a suit and suit, you want to be corporate
- 24:51and everything. And right now the heat in Abuja
- 24:53is bastardly as in the heat in Abuja is hot.
- 24:58You wear your suit inside public transport.
- 25:00By the time you get down at the guy's office, use as many.
- 25:04So this is the advantage of having your own right?
- 25:06Or maybe both. So why was I you go to offices
- 25:15provided you've done some research ahead of time about who
- 25:18best to talk to or who best to approach.
- 25:22You can go into corporate offices, you can go into
- 25:24different institutions and you can talk to some people and you
- 25:27can come up with some offers like a real estate professional
- 25:30who called me one of my tea sisters, Lucia.
- 25:35No, Lucia is not tea. But anyway, one of my sisters
- 25:38nonetheless. What did she do?
- 25:44What she was doing was she was approaching several ministries
- 25:49where the staff have co-ops cooperatives.
- 25:53So there's this thing that happens in some Nigerian
- 25:56businesses where members of staff start pulling together
- 26:00their own resources and then they form a corporate
- 26:02cooperative. They start giving themselves
- 26:04loans. They start, you know, sometimes
- 26:05it's informal, sometimes it's highly formalized, but these
- 26:08things happen. Now, there are times when
- 26:11members of cooperatives start thinking, you know what, we've
- 26:14been in this business, we've been in this organization for a
- 26:16while, you know, 15 years, 20 years, you know, some of us go
- 26:20soon retire. So you know that start thinking
- 26:22about retirement and real estate professionals, some real estate
- 26:26professionals like Lucia. I've started walking into some
- 26:28of these organizations and to just to figure out, do you guys
- 26:31have a cooperative? Oh, OK, you do.
- 26:33When those cooperative meets, I beg Novak's can I show up and
- 26:37make a presentation in front of cooperative?
- 26:42And people like Lucia have been selling real estate developments
- 26:47that way. This is me.
- 26:50This is the real estate office that I represent.
- 26:53We currently have developments and estates going up in so, so
- 26:56so and so and this and this and this and this and that and that
- 27:00because you people have plenty. If all of you are interested, we
- 27:04can hope these things up so that if the cooperative pays X amount
- 27:10down payment and we can finance the rest of the payment by this
- 27:13and this and that, you guys will be able to own your own home in
- 27:18this, you know, upcoming estate. But you can see that that is
- 27:24outbound. It is direct outreach.
- 27:27You are driving somewhere or walking somewhere to go and
- 27:32start talking to people and cold calling is involved because all
- 27:36the people that you're talking to there, they are strangers.
- 27:39Oh, by the way, it helps if you already know an inside person.
- 27:41So if you can start by maybe talking to let's say Mumsy works
- 27:45with water board. So you can talk to Mumsy about
- 27:49how maybe you can do presentation in front of the
- 27:54water board cooperative, you know, in their own place.
- 27:58You can stand there because at least you know, you know, Mumsy
- 28:02and you know, they know Mumsy. So it's an easier place to
- 28:05start. Then later on you can now start
- 28:07trying other places, you know, like maybe Ministry of External
- 28:09Affairs, you know, blah, blah, blah, where you don't know
- 28:11anybody. So they are already real estate
- 28:15professionals who do these sorts of things and you can do that
- 28:17for your business as well. And I did mention, did I?
- 28:21Yeah, I think I did mention that back when I was in insurance,
- 28:25there were some people who this was their specialty.
- 28:29Today you just decide, OK, you know what, Ministry of Commerce,
- 28:32that's what we're going to today.
- 28:33And we would idea today we enter Ministry of Commerce on until we
- 28:37find somebody, until we get some intro, until we get some
- 28:42whatever so that we can come and make presentation before the
- 28:46retirees association in that ministry or before this
- 28:50particular committee or that committee.
- 28:51We're not leaving this place today.
- 28:53We would die in Ministry of Commerce.
- 28:55So there are some people who used to build their book of
- 28:58business that way. Then let's see.
- 29:06OK, so that's a pretty much that's the only idea that I have
- 29:09for cold calling Now. Then you can use some online
- 29:13Kung Fu to help your business. You know, you can go on LinkedIn
- 29:18to start looking at people's profiles and see who they're
- 29:21connected to, who you know, because that's how sometimes you
- 29:25gain easy access into some into some accounts then OK, 30
- 29:32minutes. So let me wrap this up quickly.
- 29:34OK, I already mentioned about how real estate professionals
- 29:40you could try and take advantage of the market in diaspora must
- 29:44Nigerians based abroad. Yeah.
- 29:49So you real estate professionals, you can start
- 29:50attending events, whether online events or physical events where
- 29:58they're talking about things like wealth creation at home or
- 30:06because you know, there are some businesses who that's how they
- 30:08try and tap into the Nigerians abroad.
- 30:11Like you will are earning in in dollars.
- 30:15Even if you set aside $200 every month is not much.
- 30:20But by the time you translate that into the Nigerian
- 30:24experience, you know, $200 every single month or 1000 lbs every
- 30:28single month actually does add up to quite a lot.
- 30:31So if you want to start buying stocks at home, buy land at
- 30:33home, buy things like that. As a real estate professional,
- 30:36you can hook up with some of those organizations and you can
- 30:40talk about how you can use real estate as a wealth acquisition
- 30:45in class. You're trying to take advantage
- 30:46of the diaspora market. So things like that.
- 30:51Then finally, broker networks. Now a broker is, how will I put
- 30:57it? Now a broker is just somebody
- 30:59who has access to the client. Yeah, let's leave it like that.
- 31:04A broker is somebody who has access to clients or access to
- 31:07customers. That person is between you and
- 31:10the customer. That person is a broker.
- 31:12Now, how brokerages work is that once the broker makes the
- 31:15connection, you give the guy something or you give the girl
- 31:19something. And please, this is Nigel.
- 31:22Let's be real here. We know how things work in this
- 31:25part of the world. If somebody makes an
- 31:28introduction for you like this, don't assume it is out of the
- 31:35kindness of their heart. You know, you ask, you say thank
- 31:37you very much, I really, really appreciate.
- 31:41And then you now make us if you want to shake body and then you
- 31:44see what the person says. If the person says, ah no, no,
- 31:46no, no, don't worry ahead that you will now leave it.
- 31:49Because if you don't form as if you want to shake body, you
- 31:53understand what I'm saying? We're talking Nigeria level now.
- 31:57If you don't form as if you want to shake body, they will now be
- 32:00thinking, look at this guy, these guys are Ingrid.
- 32:03I have introduced him to five people.
- 32:07From those five people, I know that each of those five people
- 32:09did business with him of 550K each.
- 32:14So in other words, this guy has made at least one point, I mean
- 32:19five people times, at least 2.5 M on top of these introductions,
- 32:26common recharge card, common greeting, common wine.
- 32:28The guy didn't drop anything. They will now feel as if you are
- 32:31an Ingrid. So it'll be nice.
- 32:34So if people say what's on their mind and tell you from the
- 32:37beginning that look, this introduction I'm making, once
- 32:41the thing clicks, give me a cut. But you know, not everybody is
- 32:44not all I said, everybody's not forward.
- 32:50I'll be forthright. So you who is the recipient of
- 32:54these sorts of things once in a while, you know, form as if you
- 32:58want to shake body and then you Now all I put it now I'm not
- 33:04trying to endorse bad behaviour, but I'm also trying to pass
- 33:08across the point. Anyway, I trust that you want to
- 33:10someone, I'm trying to say so form as if you want to shake
- 33:12body. The way the person responds, he
- 33:14will tell you where you're supposed to go next.
- 33:18And I'm telling you this one from experience because that's
- 33:20happened to me before. Somebody made an introduction,
- 33:23hooked us up. We agreed on what the Commission
- 33:25was going to be. So when the time came, I paid
- 33:27her 10% no problem. I paid her because that's what
- 33:30we agreed. But as well going forward now
- 33:33the client was a very correct client.
- 33:36We're able to talk some more. I was able to upsell and able to
- 33:39do a couple more things. And then the deal became sweet,
- 33:42very, very sweet. And so I called her back and I
- 33:45told her I didn't give her details, but I just told her
- 33:47that thank you, this customer actually turned out to be very
- 33:50correct customer. Thanks.
- 33:51I really, I really, really appreciate it.
- 33:53She said no problem, don't mention, don't mention.
- 33:55And then we ended the call and I thought we're good because we
- 33:59agreed on something percent. As soon as they paid me the
- 34:01first one, I gave you a 10%. I didn't quarry the one that I
- 34:06was able to, you know, upsell on my own.
- 34:08I nicely put it in my pocket. I don't know how this babe went
- 34:14to go and do research to find out about the total digest that
- 34:17I collected. Then that's how she called me
- 34:20one time. So how are you?
- 34:21How's the family? So we're doing very, very well.
- 34:24Then I was in Kaduna for my cousin's wedding and from how
- 34:28are you? How is the family or your
- 34:30cousin's wedding? No, out of nowhere, she just
- 34:33flipped. She totally flipped that she
- 34:38thought I was honorable. She thought I was
- 34:40straightforward. She thought I was the way that
- 34:43she vexed. And I don't know how she got the
- 34:45exact figure, what she called the exact figure.
- 34:48And she now told me that this is the amount that I would give
- 34:52her. And of course was more than the
- 34:5310%. But you know what, just to keep
- 34:57things smooth, cause me, I don't like quarrel me, I didn't
- 34:59quarrel. I said, Oh my, I'm sorry.
- 35:02I didn't realize that it was like that was like that.
- 35:04I was like that. So no problem.
- 35:06Which of the accounts? And I just transferred it.
- 35:09And then I just, I just from there, I just left the woman,
- 35:13you know, on, on her own. So these things, they happen.
- 35:19So I'm talking from experience, where was I brokers dealing with
- 35:23brokers. A broker has somebody who has
- 35:25access to the client. So you you're over here, the
- 35:27broker is in the middle, the broker has somebody on that
- 35:29side. So in this case, now for those
- 35:32of you who are real estate professionals, A broker, excuse
- 35:37me, could be somebody like a lawyer because lawyers have
- 35:40clients and clients sometimes want to sell their houses or
- 35:47lawyers have clients who have estates that have been acquired
- 35:52through, what's it called, You know, when you lose a loved one
- 35:57and you inherit property and sometimes they're in distress
- 36:01and they want to dispose of assets.
- 36:03And then as young people like you who are real estate
- 36:05professionals, you come in handy.
- 36:07So a lawyer could be a broker for you.
- 36:10It might be a good idea if you're a real estate
- 36:12professional, you start having nice relationships with lawyers.
- 36:17You never know when it can come in handy.
- 36:19You like a query up and say bolu, how far where you did you
- 36:23did town say yes, yeah, I better come to my office say any better
- 36:27and better day now just show, show.
- 36:29And of course you go and see him afterwards and you guys talk and
- 36:31at the end of the day, you know you're making some good money.
- 36:34Lawyer is taking his 10 or his 15% or whatever and everybody's
- 36:38happy. So lawyers can be your broker in
- 36:43a way. In a way, please, because
- 36:46lawyers are not brokers. So those of you who have law
- 36:48degrees, you know, like me, don't get angry.
- 36:50I'm saying I'm demeaning lawyers, that I'm reducing a
- 36:52lawyer to a broker. I'm not saying lawyers are
- 36:55brokers. I'm just trying to explain a
- 36:56brokered brokerage relationship and how you can use that to
- 37:00further your own business. Then apart from lawyers, bank
- 37:05managers too could be, could be good brokers because they might
- 37:13have access to high net worth individuals, people that you
- 37:16might talk to, you could talk to when you have certain real
- 37:21estate developments that your, your, your company is, is
- 37:24working on. So yeah, bank managers, bank
- 37:28people who could be good brokers, but Please remember to
- 37:35play within the ethical lines. Let me put it that way, because
- 37:40ideally bankers, people who work in banks and financial
- 37:43institutions are not supposed are supposed to keep certain
- 37:45information confidential. So in other words, the fact that
- 37:49if you work in the bank, all your clients are adogos, it
- 37:52doesn't mean you should be going out to the whole world and tell
- 37:54people that you know what, my customer, my client is an adogo.
- 37:58So if I hook you up and I make the introduction on the thing
- 38:01clicks, give me 10% sure. I'm just saying what I'm saying
- 38:05is there are ethical lines and they're professional lines.
- 38:08Just make sure you are playing within the professional lines.
- 38:11So data privacy is one of them. So if you're the bank manager of
- 38:17the bank staff, make sure you're playing according to, according
- 38:20to the law. Washa bank managers, bank staff,
- 38:23they can be good brokers and then all the day you give them
- 38:28the 10%. And then there's some people who
- 38:31have even tried influencer partnerships for real estate
- 38:35because back to this circuit motor is also another thing that
- 38:38I saw the guy, normally what he sells is cars.
- 38:41But on his profile, I noticed that a real estate person, I
- 38:45just commissioned an estate in an exclusive luxury resort kind
- 38:51of estate somewhere in Abuja and all like the place looked nice,
- 38:55looked very sweet. Like if I have money or drop
- 38:57money and moved in because the place looked nice, real nice.
- 39:01You know, swimming pool, modern lighting, you know, everywhere
- 39:06up and down, you know, your own gates, nicely manicured lawns,
- 39:11you know, it looked like that kind of reasonable neighborhood
- 39:14where all the neighbors get sense.
- 39:16You know, like my own estate where my neighbor wanted to
- 39:19clean the septic tank and the guy wanted to throw carbolic
- 39:22acid inside. I say in 2025, people are still
- 39:25doing this dangerous stuff. So you look like that kind of
- 39:28nice upscale environment. So they called him to come and
- 39:35do launching. That's what Commission in the
- 39:38estate. So cycling motor is the person
- 39:39that caught the ribbon to open it.
- 39:42Then of course, they're all Muslim.
- 39:44So he did that Muslim prayer, you know, he caught it open and
- 39:48then going around, you know, video and everything.
- 39:51Now for those, for those of you who are ordinary people just
- 39:55looking at that content, you just think, oh, it's normal.
- 39:58He just went for house warming or something.
- 40:01But for me, from a sales and business development
- 40:03perspective, I see what is happening here.
- 40:05I see what is happening here. They're both trying some
- 40:08influencer moves, you know, guess RK Motor to show up.
- 40:14Maybe they paid him something or maybe like just calling out a
- 40:19favour. It's on Psyche Motors Instagram
- 40:22handle these people. This real estate development is
- 40:24now being exposed to Zarkie Motors audience and of course
- 40:28Psyche Motor is the guy who has those cyber trucks.
- 40:31The guy has two purple color looking sweet balanced cars.
- 40:38Those things are looking like total beasts.
- 40:39By the way, my wife thinks they're ugly.
- 40:41So even if I had the 430 million now cash, it'll be a problem.
- 40:47So what I told moms is like if I have the cash and I buy it, I
- 40:50have to go and keep it in my second house.
- 40:52I don't have a second house, but I have to park it in second
- 40:54house because my wife sees me pulling up in that kind of thing
- 40:57should go Vex should say his money Miss Rd. so this guy know
- 41:02cycle motor influencer expensive cars because all the cars that
- 41:06he sells you know clean, clean, clean very very neat.
- 41:09All the cars pricey like I ever saw there was this was a Honda
- 41:15Accord. I'll be Honda Civic was a 2025
- 41:17model with manual manual transmission.
- 41:21I can't remember the name of the cardboard may I would like the
- 41:23Cowess suites 75 M 75,000,000. I said, hey, God, where mutual,
- 41:30let me be pulling up in cars 75-M430M.
- 41:35So you can see now that that's a real estate person using an
- 41:41influencer in a sort of well, it's not really a brokerage
- 41:45something because it's not as if anybody who buys they will give
- 41:49a percentage. Well, can we call you brokerage?
- 41:53You know, on second thought, I'm not so sure anymore whether we
- 41:56can call that a brokerage relationship or not.
- 41:58Bottom line, SHA is these kinds of partners, partnerships can be
- 42:02done. And if you go and look for the
- 42:04guy Sarki Motais SARKIN and then Sarki, sorry, SARSARKI and then
- 42:13Mota MOTA that is king of cars. So if you want to check him on
- 42:17Instagram, you will see the post yourself that I am not making
- 42:20stuff up. This is stuff that is happening
- 42:22live. So this is also something that
- 42:26people in the real estate field can do.
- 42:29So anyway, it's, it's almost one hour.
- 42:31So let me just bring today's episode to a close.
- 42:34But I just hope that for those of you who are like Mr. Jackson
- 42:37who reached out from CBN quarters, I want to better your
- 42:41game as a real estate professional.
- 42:43The whole point of these last couple of episodes that we did
- 42:46on inbound marketing and outbound marketing, especially
- 42:48using real estate as a case study.
- 42:51Just want you guys to see that these ideas out there, you know,
- 42:56it's, it's possible. Don't be distraught.
- 42:58There are things that can be done.
- 43:00If you're going to think of an inbound approach, just know that
- 43:05you are thinking long term. If you're thinking inbound or
- 43:09content marketing, all those things, think long term.
- 43:12You're really pressed for cash and you need things to come in
- 43:16now. Now you're looking for quick
- 43:17wins. Then you're better off doing a
- 43:19much more outbound LED approach. Now the deal, we still take a
- 43:24long time to close because real estate is a complex sale.
- 43:30So it has a long sale cycle, you know, two months, three months,
- 43:34four months, you know, however long you know, you, those of you
- 43:36who sell real estate should advise me.
- 43:38But people don't show up and then buy land like that.
- 43:42You will not just show up and look at the land today and then
- 43:44tomorrow they make a transfer. It takes a while, but at least
- 43:49you can start getting some short term wins that your guy can see
- 43:53and that you can see and if you're in partnership with your
- 43:55spouse, that your spouse can see OK on making progress.
- 43:59So if today, this week, no meeting, next week, you arrange
- 44:05like 8 or 9 meetings, you know, if you have a partnership with
- 44:09your spouse, your spouse can see that.
- 44:10Oh, OK. Well, nobody else drop money,
- 44:13but we had eight meetings. There's there's hope.
- 44:17There's hope. We're on the right track.
- 44:18So Outbound can definitely give you the attraction, give you
- 44:24some of that momentum. So that's it.
- 44:26And that is all for today. Remember, if you would love to
- 44:29connect, you can call, send me a text message or WhatsApp message
- 44:33on 08064662140. So thank you very much for your
- 44:40time and attention. I'll catch you some other time.
- 44:42And remember to pray for me that this experience works because to
- 44:46be honest, the last time I did this, this magic meat recipe for
- 44:52my wife was, you know, when we're dating.
- 44:54In fact, she complaints. She said I promised I was going
- 44:56to make a Gucci for her. She says that till today, 2
- 44:59decades, 1 reach and I've never made that a Gucci.
- 45:01So she keeps on complaining that I promised her that I lied to
- 45:04her. So yeah, I better go and learn
- 45:06how to make a Gucci. But pray for me that it it works
- 45:09out and that wifey and the kids will be impressed.
- 45:13And then for those of you who are single, especially the boys,
- 45:18you want to try this magic, you want to see how it's going to
- 45:20improve the quality of your love life.
- 45:21Just try it, try it. A trial will convince you.
- 45:25He will not confuse you. So I'll catch you some other
- 45:27time.