Latest / Closing Sales in Nigeria - Sales For The Nigerian Business Person: The Sales and Marketing Blueprint / From Mental Health to Market Value: A Rambling Rant
Transcript
- 0:01Hello and welcome to the show. Today is going to be another
- 0:04random episode. And I promise you guys that
- 0:07wouldn't be any more random episodes.
- 0:09But I guess I have to retract that promise because I've been
- 0:13going through my, you know, my stuff, my handy notebook, you
- 0:17know, and scraps of people that I have here and there.
- 0:19And there's, there's been some juicy interactions that I've
- 0:22been having with people in the past.
- 0:24And I figured I might as well come over here on the podcast
- 0:27and share some of that goodness with you guys.
- 0:29So today is going to be a rambling episode and we're going
- 0:33to cover a bunch of stuff in no particular order.
- 0:37And I will focus on conversations that I had
- 0:40recently with a real estate professional and someone who is
- 0:43in the beauty space. Well, and by the way, just in
- 0:47case you happen to be this real estate professional and this
- 0:51person in the beauty space, yes, if you suspect you're the one,
- 0:54then yes, it's definitely you because we did have these
- 0:56conversations not too long ago, definitely within the last week.
- 1:01But since I didn't take your permission to share these things
- 1:07over here on the podcast, I'm just going to anonymize it and
- 1:11speak in general terms. Let's see.
- 1:16OK, shout out. First off, I'd like to shout at
- 1:19Dora or Co, who was the listener of the show, and she left a
- 1:24comment on Spotify. Let's see, what was the comment
- 1:28about? OK, I can't remember what her
- 1:30comment was about. I should have written that down.
- 1:32But anyway, thank you very much. Adora Oku for listening.
- 1:37Oh yeah, my wife says it's not Adora, that it's spelled Adora,
- 1:40but it's pronounced Adora or something like that.
- 1:43Well, any for you EBO folks listening to the podcast,
- 1:48forgive me. So, yeah, so the reason why I'm
- 1:52shouting out is, you know, I love hearing from you guys,
- 1:55those of you who reach out to me on WhatsApp and on LinkedIn.
- 1:58But then those of you who put comments on Spotify or YouTube,
- 2:02you guys take an extra step. You give the algorithm some
- 2:05extra juice so that it's a signal to the Spotify algorithm
- 2:11and the YouTube algorithm that this is valuable content.
- 2:13So I really appreciate those of you who also reach out on
- 2:17Spotify as well. Then our playlist, what I'm
- 2:22currently listening to, I'm currently listening to.
- 2:25While I listened to Richard Wright earlier on Spotify, he
- 2:30was a former member of the band Pink Floyd and he's now
- 2:34deceased. It's a prog rock band.
- 2:37The prog rock is short for progressive rock, so it's, you
- 2:42know, it's guitar music, but it has all kinds of different
- 2:45influences and it's not music for dancing to, it's more like
- 2:48music for listening to. So just think of it as
- 2:50intellectual rock music. So if at this point, you know, I
- 2:53agree with my wife that I'm a nerd, you know, I definitely
- 2:56will not argue because I'm listening to Pink Floyd and I'm
- 2:59listening to Richard Wright and ELP, you know, Emerson Lake and
- 3:05Palmer and the other groups. So if you're willing to go
- 3:10beyond your boundaries, I mean, if you like listening to music
- 3:13that You Can Dance to, this is definitely not dancing music.
- 3:16So just try it out. Richard Wright, the Wright is
- 3:19spelt Wright. So just try it out, broaden your
- 3:24musical palette and become a man or a woman of exquisite taste,
- 3:28just like I am. So let's head straight into the
- 3:32conversation for today. Now, the conversation that I had
- 3:36with the real estate professional, First off, some of
- 3:40the conversations started with chat.
- 3:43And, you know, the fellow was talking about how he's small and
- 3:47I misunderstood that, You know, I thought he was referring to
- 3:49physical height. But you know, this is also one
- 3:52of the reasons why I say that text communications has his
- 3:56limitations because you're writing, you're texting, you're
- 3:59emailing. And the way that somebody's
- 4:02going to interpret it is going to be coloured, you know, by
- 4:04their own, their own what's the word, prejudices and backgrounds
- 4:09and things like that. So he was just writing naturally
- 4:13as he would talk. But The thing is, if we were
- 4:15having a conversation and in fact, when we started having a
- 4:17phone conversation, it quickly became clear that when he said
- 4:21he was small, he did not mean physical height.
- 4:23But it's just the way that Yoruba people talk.
- 4:25Because when I got to Lagos at first as a 13 year old kid, it's
- 4:29something that I noticed I found really strange.
- 4:31You know, where to we'll be arguing and one person was a
- 4:34shout at another. Like, you know, reach, like
- 4:35you're not big enough, you're not big enough, you know,
- 4:37shouting in Yoruba. So just in case you run into a
- 4:43Yoruba person and the person is talking in those terms, then
- 4:46don't just know it's not physical height.
- 4:47Like if somebody says I'm too small, you know, you might be
- 4:51thinking, OK, this guy is twice my size, why is he saying I'm
- 4:54too small? What the person is talking about
- 4:57is not a sense of physical height, but in terms of relative
- 5:02status or relative power, you know, things like that.
- 5:05So yeah. So that's it.
- 5:09Yeah. So that's one reason why it's
- 5:11always nice to have a phone conversation with someone.
- 5:13So if you're talking to a potential clients, you're going
- 5:16to get a richer form of communication if you hop on the
- 5:19phone because then you understand exactly everything
- 5:21that the person says. When the person writes something
- 5:24in an e-mail or a text, then you're going to be limited to
- 5:27how it is that you interpret that sort of thing.
- 5:30Then we're talking about how he refers to all his potential
- 5:34customers as investors. And that's one of the things
- 5:36that we spoke about. And I told him that, you know,
- 5:39in my own opinion, that's a no no.
- 5:42Some people will say yes, call everybody investor, but for me,
- 5:45it's really important the words that we use in the sales process
- 5:48because it determines how it is that we sell.
- 5:50And truth of the matter is that it's not everybody who wants to
- 5:52buy a house, who's going, who's going to be an investor per SE.
- 5:56Because people who want to buy real estate property and who
- 5:58consider themselves investors are trying to build a portfolio
- 6:02so that they can take advantage of appreciation.
- 6:06Appreciation just means you buy something for X and then you
- 6:09sell it for X + 3 or X * 2 or X * 100.
- 6:13You get the point. So a real estate investor is
- 6:16trying to buy land at 1.2 M and maybe he will sell it in five
- 6:20years at 20 M That person is an investor.
- 6:24Some people will say no, that is not investing, that is
- 6:26speculating, but you get the juice that I'm trying to pass
- 6:31across. A real estate investor or
- 6:33speculator is trying to count on appreciation that I will buy
- 6:37something at A and I will sell it at a * 2 or a + 12 or
- 6:42whatever. But then somebody who is buying
- 6:45for ownership is thinking more of I'm tired of being a tenant.
- 6:50I want to be a landlord or I want to have something that I
- 6:53can pass on to my children. And those are different kinds of
- 6:56conversations that you're having, different kinds of sales
- 6:58conversations. So in my own opinion, real
- 7:00estate professionals listening to this, don't just call
- 7:03everybody an investor, just face everybody square on the
- 7:06investor. You're going to be having a very
- 7:08quantifiable conversation. Now, Olga, if you buy this
- 7:11property in a Lausa right now, it currently costs five M
- 7:15Historically, over the last five years, we've seen that the
- 7:18property price is rising, property value is rising, you
- 7:22know, 1X every year or something.
- 7:25So I guarantee you that if you buy this thing now at 5 M, in
- 7:28three years you sell it at 15. I'll be how you see them.
- 7:31You know, that's the kind of conversation I have with an
- 7:33investor. But for somebody, he's looking
- 7:37at this thing from an ownership angle.
- 7:39The conversation would be like more like, oh, is this nice?
- 7:42Does Madame like it should be. You can see this is a nice place
- 7:44to raise children, is adequate, is close to school, is close to
- 7:48hospital, is close to the church, is close to the market,
- 7:51you know, blah, blah, blah. You can see that is a totally
- 7:54different conversation. So real estate professionals
- 7:56don't just call everybody investor.
- 7:58Investor is investor. Somebody who wants to own is
- 8:02somebody who wants to own. Totally separate conversations.
- 8:05So don't just cut everybody an investor.
- 8:08Then one thing I wanted to point out, the real estate
- 8:11professional said who are suffering from inferiority
- 8:15complex. So at some points I had to set
- 8:18the guy straight and like, no dude, you don't have an
- 8:20inferiority complex because people who have inferiority
- 8:22complex don't take bold steps. You've reached out to a total
- 8:27stranger because I'm a total stranger for all the intents and
- 8:29purposes. Yes, you guys listening to me
- 8:31and yes, you guys think you know me.
- 8:33But let's face it, when you reach out, I'm a total stranger.
- 8:38So you reach out to a total stranger.
- 8:39You're discussing all these sorts of things.
- 8:40You don't have inferiority complex.
- 8:42Inferiority complex. People, you know, more
- 8:44withdrawn, don't talk much, won't be this vulnerable or
- 8:47would be defensive if we start talking about these sorts of
- 8:49things. So I told him you don't have an
- 8:51inferiority complex. This is the problem when most of
- 8:55us are in sales situations, it is either we don't have faith in
- 8:58the, in the, in our product or service and then that affects
- 9:01the way that we sell or we don't think The thing is worth that
- 9:06amount of money. And so it affects the way that
- 9:08we sell. Because think about it, if
- 9:10you're a real estate professional, you're selling
- 9:12houses, everything in your portfolio. 50M100M200M Boy, you,
- 9:18you don't have 200 M to buy that property.
- 9:21That's the kind of thing that will make your mouth be shaking
- 9:23when you're quoting price for somebody.
- 9:25So it's not inferiority complex. It's just that in your mind
- 9:28you're thinking more, this thing is expensive.
- 9:32That's not the same thing. I think you have an inferiority
- 9:34complex or you're approaching a sales situation and you don't
- 9:38have an adequate framework or an adequate script to guide the
- 9:41conversation and that is what is causing you to stammer.
- 9:44That is not the same thing as an inferiority complex.
- 9:48So let's go straight to the root of the problem.
- 9:50The problem is you don't have an adequate framework.
- 9:52Make sure we have an adequate framework.
- 9:53We're going to be able to sell well, be able to stand with our
- 9:56food chest and have a conversation with anyone.
- 9:58And then to the thing of the money thing.
- 10:02Let's remove ourselves from the equation because let me be
- 10:05straight with you guys. For most of us in the SME space,
- 10:09our clients in the beginning will always have more money than
- 10:12us down the just standard. As a wedding photographer
- 10:15starting off back in the day, I was selling packages between
- 10:19200, you know, 450, that kind of thing.
- 10:22When he came to my own wedding, I would lie to you guys.
- 10:26I did not pay 200K for my own wedding photography.
- 10:29I didn't. But that did not stop me from
- 10:32selling packages of that amount. All right, so let's remove
- 10:36ourselves from the equation. What we should be thinking about
- 10:39is not that this money is big relative to me, but is it big
- 10:44relative to the person I'm having a conversation with and
- 10:47does the person find value in the thing that they are buying?
- 10:50So that one is just standard. It happens to everyone.
- 10:53I was talking to someone who is a in the alternative energy
- 10:56space and she had to sell solar equipment and it's a
- 11:00conversation that we have to have.
- 11:01Now look, you people are selling packages of different ranges and
- 11:06the cheapest thing you people are selling is a 4.5 M and you
- 11:10currently don't have 4.5 M to buy this thing, you know.
- 11:14So yeah, you think it's expensive, that's why your mouth
- 11:16is shaking, but just realize it's not about you.
- 11:20So you don't have 4.5 M but the person they think is important
- 11:23will go and cough up that 4.5 M. And by if I went to my friend's
- 11:28house today, moving to a new house, really correct Estate as
- 11:31in real tight. You know those places now like
- 11:34service charge, gardener, electrician, plumber on staff,
- 11:38you know that you know that kind of thing as in correct estate.
- 11:42Very nice place, nice place. And as I entered inside there, I
- 11:45noticed that every house solar panel, solar panel, well, except
- 11:49for my friend, his own housing house solar panel.
- 11:51So my guy was laughing at himself that he is a poor person
- 11:53in the estate or that he's using generator.
- 11:56But everybody solar panel and it wasn't just one two solar panel.
- 12:00Everybody had, you know, 162832. I said so now wow, these guys in
- 12:06this estate like they're big shark, like they have money.
- 12:11So for you who is trying to sell that kind of thing, by the time
- 12:16you calculate, you know, 32 panels and I don't know, 12
- 12:21batteries or whatever, everything will now come and
- 12:23enter like 15 M, You know, for you 15 M is like big, but it's
- 12:28not about you, it's about the other person to them it's 15 M
- 12:31realistic. Is it doable and do they think
- 12:33it's worth that value? If you think that's worth that
- 12:35value, then it's fine. So remove yourself from the
- 12:37equation and then be able to talk with your food chest and
- 12:39have these conversations. It's it's not about you just
- 12:42freed and in the beginning most of your clients will have more
- 12:45money than you, Most people in the SME space.
- 12:49So don't let nothing bother you. Then let's see what else.
- 12:56OK, We had the conversation about how he determines people
- 12:59that he talks to. And he was talking about an old
- 13:01school Lagos thing because, you know, back in Lagos, I heard
- 13:05people used to talk like that. And I'm surprised that people
- 13:07still do. But basically, you know, he hit
- 13:09the streets and you gauge the person's dressing, you know, you
- 13:12gauge fashion. Like you gauge their body
- 13:14language, you know, maybe their phone, their car, you know, that
- 13:17kind of thing. And that will determine, you
- 13:19know, that countenance will determine who it is that you
- 13:22walk up to. And I told him that, you know,
- 13:25it's all right. You know, it's not bad.
- 13:28It's how a lot of us started out, you know, as a wedding
- 13:32photographer, for instance, you know, you look at the baby's
- 13:34eyes are up and down. She's carrying iPhone.
- 13:36You now know that, OK, maybe she's from a rich family, you
- 13:40know, that kind of thing. So normal.
- 13:43We can't run away from this kind of profiling and using
- 13:45countenance. But if that is how we're going
- 13:48to be doing our prospecting every day, then it's going to be
- 13:51very, very taxing. And it's hit and miss because
- 13:54people can dress right, have the right phone, have the right
- 13:57fashion, have the right swag, have the right countenance, have
- 14:00the right body language, have the right address, have the
- 14:02right everything. But they might not need your
- 14:04product or service at that particular time.
- 14:07So I spoke to him about his his firm, real estate firm, whether
- 14:12they do advertising, because if you're doing advertising and
- 14:16you're trying to do psychographics and demographics,
- 14:19you know, that's a whole lot easier.
- 14:21So you target people based on age, location, you know, stuff
- 14:24like that. So if you get leads coming in
- 14:26that way, you might have much more fruitful conversations.
- 14:29But what I told him was that if you're going to do this whole
- 14:32countenance thing, then you have to back it up with the with your
- 14:35flyer game. So I asked him whether they
- 14:38print Flyers for them. I say, yeah, that the office has
- 14:42Flyers and my guy has been going out without Flyers.
- 14:45So if you're going to be doing this kind of thing.
- 14:47Oh, OK. Another thing, he had
- 14:49unrealistic expectations. When you're going out and
- 14:51meeting strangers cold and you're selling a complex
- 14:54product, forget it. You cannot close the deal on the
- 14:56spot. It's just not possible.
- 14:58We're talking real estate here, we're talking Lagos.
- 15:01So everything you're talking is 50M150M200M, you know all those,
- 15:06you know, big, big, big money and let's be realistic, who is
- 15:09going to see you on day one and then drop 200 M with you on day
- 15:13three? It doesn't happen like that.
- 15:15So the goal is not to close actually, but the goal is as
- 15:18you're strolling out and talking to people, you're trying to do
- 15:21lead generation. You're trying to get people to
- 15:23signify whether they're interested in your product or
- 15:25service. Then for those people who are
- 15:27intracted in the product or your service, you're trying to have
- 15:30future conversations with them to figure out what it is that
- 15:32they want and to build relationships so that over time
- 15:35you will close the deal. Because when you're sending a
- 15:37complex product or a complex service, it involves a long
- 15:42sales cycle. So you're not going to talk to
- 15:44somebody January 1st and then collect 20 M January 10th.
- 15:50You know it. Well, it might happen.
- 15:52You get lucky and it happens. But realistically speaking,
- 15:55people don't just drop money like that.
- 15:57Even people who have that kind of money, it's it's not an
- 16:00everyday thing. So I told him that, yeah, you're
- 16:03going out, you're talking to people, but get some Flyers.
- 16:07And when I told him some Flyers, I told him, look, let's be
- 16:09realistic. Flyers is a numbers game.
- 16:13It's quantity. If you take 20 or 30 Flyers,
- 16:16you're wasting your time. If your office can afford it, go
- 16:19and take 1000 Flyers and give yourself two weeks.
- 16:22This week, Monday through Friday, you will share 500.
- 16:25Next week, Monday through Friday, you share another 500.
- 16:28So it's from that broad reach that you start getting trickling
- 16:32interest and you start talking to one or two people.
- 16:34But believe me, if you go and collect 100 Flyers and you share
- 16:37100 Flyers, you won't hear from anybody.
- 16:39Nobody 'cause Flyers. It's a numbers game.
- 16:42So I told him, go get us a bunch of Flyers.
- 16:45And then now we can do this countenance thing.
- 16:47But I told him the countenance thing, we can take it a step for
- 16:50that. Like you can do cars, for
- 16:51instance. So like if you go to, OK, let's
- 16:57say you, you walk on the island, you live on the island, this
- 17:00place that is close to lagoon, there's one big bank there.
- 17:04Is it like UVA building or whatever?
- 17:06And there's this gigantic car park, I think maybe there was
- 17:09like 2000 cars there. So if you enter that place, as
- 17:13you're entering, don't forget to greet the area boys that are
- 17:14there, you know, before they rough you up or something.
- 17:17So you enter, you know, make some conversation, you know,
- 17:19blah, blah, blah, you know, hail them, I don't know, buy them.
- 17:23You go or whatever and then go around and share your flyer.
- 17:26So you now look at big, big cars.
- 17:28You look for clean Mercedes-Benz, clean Toyota,
- 17:31clean Jeep, you know, stuff like that.
- 17:33And then you go and drop your flyer there.
- 17:34So we're still doing countenance and we're still trying to, you
- 17:40know, size up who this person might be.
- 17:45But at least now we have more to work with.
- 17:48By dropping the Flyers and dropping a whole lot of them, we
- 17:52increase the chance that people are going to signify that they
- 17:55might be interested. Somebody might call to say, I
- 17:57saw the flyer on the car, what are you guys doing or what is
- 18:00all this about? You know, that might be a lead.
- 18:03So you do that. And then the fellow also wanted
- 18:07to know about the formula that I gave in an older podcast about
- 18:10how you approach people, a simple framework.
- 18:14Remember, this is not a selling framework.
- 18:16It's just something that if you're just starting out talking
- 18:20to strangers, it's something that can help.
- 18:22And the simple protocol is greeting, intentions, questions,
- 18:26proposal, and then close. So I repeat, greetings,
- 18:30intentions, questions, proposal, close.
- 18:34So the greeting part is appropriate greeting.
- 18:36And so I told him appropriate greeting.
- 18:38It depends. It doesn't always have to be
- 18:40good morning, Sir, good afternoon.
- 18:42Sometimes appropriate greeting can be Bros.
- 18:44I heal, you know, appropriate greeting depends on the
- 18:47relationship you guys have and on the context.
- 18:50And so I told him it doesn't always have to be English
- 18:52because there's some people who say, look, I'm a professional,
- 18:55so I will only speak English. You know, No, if you get in
- 18:58there and you start and it looks like this person is a Kadankada,
- 19:01then go ahead and speak out, Sir.
- 19:03If you start and looks like this person's ending batting, batting
- 19:06and you think the conversation might be more fruitful that way,
- 19:08then go ahead and speak your Yoruba.
- 19:10And if you go in and you start the conversation and I feel like
- 19:13the persons are known there, then, you know, switching to TV
- 19:16and just whatever it is, it doesn't always have to be
- 19:19English. So let's cut this whole thing
- 19:21off. I'm a professional, so I'll only
- 19:24speak English because I've seen in this visa place visa
- 19:29something office when years ago before wifey and I wanted to
- 19:33travel. Then one Mama came in and she
- 19:37was provoking and speaking in Yoruba and people didn't know
- 19:39how to handle the whole thing. And one guy came and was like,
- 19:42hey, can lemma something, something, you know, batting,
- 19:44batting, batting, batting. And you know, that's how he got
- 19:46the situation resolved. So we mustn't always say I'm a
- 19:49professional, I will only speak English.
- 19:51So sometimes vernacular, pigeon, native tongue, it all depends.
- 19:58It's contextual, then intention. OK, let me just go over what we
- 20:04agree with this person. So we agree that you're going to
- 20:06show up and then give an appropriate greeting and then
- 20:09you would state your intention very clearly.
- 20:11I told him there's no need to introduce yourself because like
- 20:14most people that he wants to do this whole thing of oh, good
- 20:17morning Sir, My name is Tavishima Ayede.
- 20:20I work with ABC. Something Realty is the best
- 20:24company in Lagos. We have sold over something,
- 20:26something, something. All that is just unnecessary
- 20:28stress because when you're woken up, the stranger's cold, the
- 20:31stranger just wants to know like who's this person and what, what
- 20:33are you on about? Especially the second parts,
- 20:36like what does this guy want with me?
- 20:38That's the most important thing. So I told him, skip that whole
- 20:41name thing. If you want to do the name
- 20:43thing, no problem. Well, in my own opinion, skip
- 20:45it. If you walk up to somebody and
- 20:47say, oh, good morning, Sir. I was having a stroll in the
- 20:50neighbourhood and I was looking for people who might be
- 20:52interested in either investing in real estate or owning a piece
- 20:56of real estate or owning a home for their family.
- 21:00Is that something you might be interested in?
- 21:03You see, that's a simple 10 second something.
- 21:06And the person can either say no thank you and walk away, ignore
- 21:10you and walk away. But The thing is, some people
- 21:12will say, OK, yeah, what do you have Some people say, I've been
- 21:17thinking about it. Some people will say, what do
- 21:19you have? Some people just say, hey, is
- 21:20this your flyer? You see, there's room to
- 21:23continue the conversation, but you know, just greet sharp,
- 21:26sharp, sharp, get straight into intention.
- 21:28That whole thing of my name is Marcus a Goodingbye and I'm with
- 21:34Golden Realtors Limited. We have sold 50,000 homes to
- 21:38people in Lagos over the past 10 years who are the best.
- 21:40And it is. And that like all that is
- 21:42unnecessary for now. As the relationship grows, the
- 21:45guy will even ask you at some point like hey, come this guy,
- 21:48what's your name self? How can I store your phone
- 21:49number or what's your company name self?
- 21:52And then you can get into all these things.
- 21:54So approach greeting states your intention and then go into
- 21:59questions. And I told him that your
- 22:01questions that you're asking in this case should be all around
- 22:04the why because you need to know why the person wants to buy from
- 22:10you because that is what will determine the kind of proposal
- 22:13that you make next. So you see how it flows.
- 22:15Greeting states your intention. From there, ask questions
- 22:19because you're trying to figure out why motivations from there
- 22:22that will determine the kind of proposal that you will make
- 22:24before you now go in for the clothes.
- 22:27So in this case, hello, I was in the neighbourhood.
- 22:31I'm looking for people who are interested in owning real estate
- 22:34either to invest or to buy a home for their family.
- 22:38Is this something that you're interested in?
- 22:39Is that something you have considered?
- 22:41And the person says, well, I've thought about it before.
- 22:45So OK, so which which are you more interested in?
- 22:49Are you thinking of buying a lot to sell at a higher price?
- 22:52Or are you thinking more in terms of buying a house for your
- 22:55family? The person will answer.
- 22:57So, OK, So what got you interested in investing and why
- 22:59do you think real estate would be a good vehicle for you?
- 23:02You go talk some more. So all these why, why
- 23:04motivational questions, that's what you're trying to ask
- 23:07because that will determine the kind of proposal that you make.
- 23:10So if somebody's talking investor, investor, investor,
- 23:14real estate property prices are going up, jaga band taxes, you
- 23:19know, blah, blah, blah, house rent going up, I think I can
- 23:24make a killing in real estate. Then in future conversations,
- 23:28your proposals are going to be very quantifiable something.
- 23:31Let's look at Lecky, let's look at this, let's look at that,
- 23:34because prices have been going from this to this and to that to
- 23:37that. So if you buy here, you might
- 23:38hope to get this amount or that amount.
- 23:42Although in this case, I told the fellow that the proposal
- 23:45here really is just to collect the what you're trying to close
- 23:49on actually is to collect the phone number as you're strolling
- 23:52and talking to random strangers. The goal is not to close the
- 23:55deal. The goal is to get people to
- 23:56signify that they're interested. The goal is to figure out who is
- 23:59the lead. So in this case, I told him that
- 24:02the simple thing is after you go into the motivations and all
- 24:04that is just to say, OK, usually the happiest customers we've
- 24:08dealt with usually take about a week or two to consider some of
- 24:10these things and then we can start looking at specific
- 24:14proposals. How does that sound by you?
- 24:17You know, the every person will say one week.
- 24:19Yeah, that sounds about right. Then that's why you go in for
- 24:22the clothes, which in this case would be OK, That's the case.
- 24:26Are you OK if I call you back next week Thursday?
- 24:30And most likely the person will say yes.
- 24:33And then this is where you now say, OK, Sir, can I have your
- 24:36phone number? So in this case, we've gone for
- 24:38the close. It's a micro close.
- 24:40But you can see how we've now had a small fruitful
- 24:42conversation. We've gotten the phone number of
- 24:44someone who seems like they're interested.
- 24:46Now we have the opportunity to start engaging in relationship
- 24:51building in the future, have more conversations to figure out
- 24:54what it is that they're interested in.
- 24:55And we can now try and close the deal, you know, two or three,
- 24:58two or three weeks later or one or two months later.
- 25:00You know, I don't sell real estate, so I don't know how long
- 25:02it takes, but you know, small, small, small.
- 25:05So now the close is collect phone number.
- 25:07Next close might be a phone call to discuss some more.
- 25:12The next close after that might be come to the office and do
- 25:15side visit. And then after side visit, maybe
- 25:19next step might be issue them with three proposals.
- 25:22After three proposals, next step might be get them to consider on
- 25:25one. After that, next step might be
- 25:27get them to make an offer and you can see how you're moving.
- 25:30Small, small, small, small until you get to the final stage where
- 25:35the closes now get them to transfer 40 M into your bank
- 25:39account and then you now collect your 10% from your OGA and you
- 25:43make it nice for M for doing all this work.
- 25:47By the way, my you know, my math cues are not very good.
- 25:50So if IF4M is not 10% of 40 M then forgive me, where was I?
- 25:57So basically this was just the gist that I had with the real
- 26:00estate professional and and yeah, I don't want to go on.
- 26:06OK, let me just stop here because as usual, the
- 26:09conversation was plenty. But summary, the reason why your
- 26:14mouth is shaking is not because you have if you're actually
- 26:17complex is because you don't have a well tested selling
- 26:20framework. By the time you have a selling
- 26:21framework that you've tested is tried and trusted, you will see
- 26:24that as you're talking, your mouth will be strong, your mouth
- 26:26will be firm. You talk with a full chest, then
- 26:30let's see what else, then remove yourself.
- 26:32When it comes to the money equation, it's not about you.
- 26:34So yes, maybe you know, if you take your father and shake your
- 26:38father upside down, you know you can't find up to, you know, 10 M
- 26:41in his pocket, you know, But that doesn't mean you can't sell
- 26:45properties value that you know 200 M.
- 26:47It's not about you. To the other person, it's 200 MA
- 26:50reasonable sum and it's 200 M worth the value.
- 26:52That is all that matters. It's not about you.
- 26:55If you make yourself feel better, then maybe try and dress
- 26:58up nice, dress expensive or something so you can feel as if
- 27:00you can stand in the same room as the other guy.
- 27:02Maybe the other guy is a big boy, he's an adugu or you know
- 27:05he's a big, big Madam or whatever.
- 27:07So but you don't have inferiority complex.
- 27:10Then I also told the guy that let us stop self diagnosing
- 27:14because too many of us self diagnose, especially in the
- 27:16entrepreneurial space. Somebody would sit down in the
- 27:19house and say I have inferiority complex.
- 27:21I mean, who told you that Inferiority complex is a medical
- 27:26diagnosis? It is a medical doctor,
- 27:28psychologist, psychiatrist, or you know whoever who will tell
- 27:31you that young man, you have a problem.
- 27:33It's the same thing with ADHD. Somebody will say I'm ADHD, like
- 27:36who told you that? You just watch the film and you
- 27:39saw people running up and down. They said the gas agency.
- 27:42And so, OK, meet you. That's how I run up and down.
- 27:44I have ADHD. Who told you it's a clinical
- 27:46diagnosis? Somebody will say I have OCD.
- 27:49That's obsessive compulsive disorder.
- 27:51Who told you we should stop injuring ourselves?
- 27:54We just stay in our house and just be diagnosing ourselves up
- 27:56and down. It's not in your place.
- 27:58You don't have the mental qualification to make that kind
- 28:03of call. You can't make that the
- 28:04diagnosis. So I told the fellow about the
- 28:07time when I have problem on road safety and road safety, they,
- 28:10you know, they impounded my car and, you know, they said I
- 28:14should go for medical tests. And that was a very embarrassing
- 28:17thing because I you know how you just go and drop children in
- 28:20school and you just wear anything, you know, singlet the
- 28:22household inside and boxer the household inside and you just
- 28:25wear bathroom slippers. So I was like, hi, the
- 28:29psychiatrist would look at me and say this man is mad for
- 28:31sure. Anyway, So I told him that was
- 28:36Area 8 General Hospital. Then consultation was 6K or 7K
- 28:41and they entitled you to two weeks of consultation.
- 28:44So I told him just go and check your local government.
- 28:46So I don't know, maybe the money has increased, so maybe now it's
- 28:50like 10K. But The thing is, consultation
- 28:52is always two weeks. So if you pay the 10K, you can
- 28:55go and talk to the psychiatrists, psycho analyst,
- 28:58psycho, whatever it is that they're called for two weeks.
- 29:02You can go every day. The person doesn't mind, it's
- 29:05his job. And This is why I told the guy
- 29:07Nigerians don't like talking to mental health professionals
- 29:09anyway. So if you go there, the chances
- 29:12are you're the only person who will be there.
- 29:13So you just walk in, have your conversation and leave.
- 29:16Because after all, the day that I went for my own, you know,
- 29:19when Rose Safety harassed us, there were seven of us who
- 29:21landed up there and there was just seven of us who were there
- 29:24for the whole day. There was only seven of us that
- 29:27they attended to. So please, by all means, arrange
- 29:30your 6K, save up your 10K. If you really think you have a
- 29:34problem, if you really think you're ADHD, inferiority
- 29:38complex, OCD, whatever, just save the money package, go to
- 29:43your nearest government hospital.
- 29:46If you're in Abuja, you work in Central business district.
- 29:49I was there in Area 8 myself live.
- 29:54So I'm telling you confirmed that they are there.
- 29:58So my guess is if you're in the Keja Journal Hospital or close
- 30:01that they will have there or just go and ask that they talk
- 30:05to these people. It is now this person who will
- 30:07tell you, yes, Madam, you have OCD or yes young man, you have
- 30:10inferiority complex. And here's the solution.
- 30:13Go and do this or go and take this medicine.
- 30:15Don't sit at home, diagnose yourself and then start giving
- 30:18yourself all kinds of hang ups because it's unnecessary hang
- 30:22ups for you to wake up and say you have inferiority complex or
- 30:25you have OCD. Meanwhile you're perfectly fine.
- 30:29There's nothing wrong with you. So I think I'll stop here for
- 30:34today's rambling episode because I haven't even entered the
- 30:37makeup person that was already done 30 minutes.
- 30:41So I will just stop here. So even though it's a rambling
- 30:43episode, I hope I've been able to spit some knowledge here,
- 30:47spit some truth to guide you guys in your hustle.
- 30:53Especially for those of you who like this real estate
- 30:56professional, are brave enough to go outside and talk to other
- 30:58strangers. And please, I recommend it
- 31:02strongly. Let's get used to talking to
- 31:05strangers. It's the only way we're going to
- 31:08grow our business. And our best customer today at
- 31:11some point was a total stranger. I'm not saying you should go
- 31:15out, you know, Willy nilly talking to everybody at the bus
- 31:18stop and stuff like that. I'm not saying go that far.
- 31:21But let's get comfortable with talking to strangers.
- 31:24It's a normal part of growing the business.
- 31:26And I salute this real estate professional and other business
- 31:29professionals who don't mind when and talking to strangers.
- 31:33In fact, for the makeup artist, I told her that look, you have
- 31:37to get comfortable with this thing.
- 31:40You know, after your lecture, take some of your products,
- 31:44enter female hostel and talk to a couple of people.
- 31:48It's a good way to drum up immediate sales.
- 31:49And it's also a good way to do some market research because
- 31:53when you do like that, you will now know which kind of lip gloss
- 31:56sells the most, which kind of eyeshadow sells the most, which
- 32:00kind of eyelashes is popping, which kind of eczema cream is,
- 32:06you know, whatever it is very good market research direct and
- 32:10the best kind of market research because you're talking to people
- 32:13who are spending naira and Cobo now, because it's easy for
- 32:17someone to say, oh, I love this. This is a wonderful product.
- 32:20I would buy something like this. They say I would buy, I would
- 32:22buy when the time comes to buy, they don't drop money.
- 32:25That is rubbish market research. That is the reason why I keep
- 32:27telling you people stop this whole thing about Google survey.
- 32:31If you're talking to man, you're the first thing you say is
- 32:33Google survey. My opinion to you is like look,
- 32:35stop that rubbish because people can say anything.
- 32:39Believe me, I've lived it. Carry My Portfolio.
- 32:42People say your work is good, your work is professional, You
- 32:47learnt photography in Aberdeen. I can't see the international
- 32:50touch. You shoot pictures like were you
- 32:52both like this is your work, It's worth, it's worth like 500
- 32:57K. I'm telling you it's up to 500
- 32:59K. And then you feel happy with
- 33:00yourself. And then when the person is
- 33:03about to get married, you got me and say, oh, bro, you said you
- 33:05pay 500K and person like, you know what, yeah, I'm coming.
- 33:11You know, I we just paid for Ketra with this dot dot dot dot
- 33:14dot. People can say anything.
- 33:16So Google form and getting people to write down stuff
- 33:21doesn't mean she she don't write down anything.
- 33:24This is worth X. This is worth why the only
- 33:27market research you need is the person who actually dropped the
- 33:29money. If you go there and people are
- 33:32dropping 500K for your stuff now you know that OK, The thing is
- 33:36worth 500K. Not because people wrote on
- 33:38Google phone that I would pay 500K for this sort of thing, but
- 33:42because you have collected cold hard cash by yourself.
- 33:45You have seen that people are dropping that 5500 K.
- 33:48So that's how you know what's up.
- 33:50And then let me wrap up this 30 minutes.
- 33:53So tomorrow will be another ranging episode and it will be
- 33:58for the lady in the makeup. How will I put this up?
- 34:04It's not really makeup. Yeah.
- 34:05It's more like beauty and skin care in the beauty and skin care
- 34:10space. Again, I cannot guarantee you
- 34:13guys that this would be the last rambling episode because as I'm
- 34:17running through all my sheets of paper and stuff like that, I
- 34:20might find another interaction where there's some useful
- 34:25Nuggets. So that's it for today, pretty
- 34:27much. So if you think that you have
- 34:31inferiority complex, please reach out to me.
- 34:34My phone number is here. I give my phone number my
- 34:37contact details at the end of the show.
- 34:39I'll help you diagnose, even though I'm not a trained
- 34:43professional, whether you actually have OCD or actually
- 34:46whether it's because of these, I say OCD, inferiority complex, or
- 34:52whether it's because of parts of the sales process or maybe some
- 35:00internal dialogue around money that we can actually get rid of
- 35:04and get you to move forward. And then if you also need help
- 35:08with sorting out your selling processes, your selling
- 35:13frameworks, then please reach out to me.
- 35:16The phone number is 08064662140. The country code is +234.
- 35:25For those of you who are not Nigerian, shoot me on WhatsApp
- 35:29first before you call. And yeah, it'll be nice to get
- 35:35to talk to you. I'll be solving your problems
- 35:37and also get a sense of what you think about the content and
- 35:41questions that you would like answered on the show.
- 35:43Also, I spend a lot of my time on LinkedIn.
- 35:46You can connect with me there. The name to look for is Tavi
- 35:49Shima Aidi. That's my name, the host of the
- 35:51show. So look at the link.
- 35:52We're listening to this episode. Highlight my name from there,
- 35:55copy and paste into LinkedIn and then you will see my handsome
- 36:01face pop up. That's if you like that guys
- 36:05with broad noses, if that's your cup of tea, then you see my
- 36:07handsome face. But if you prefer boys wear
- 36:09yellow with pointed nose, then you see my ugly face.
- 36:13And here we'll connect and we'll take you from there.
- 36:15So thank you very much for your time and attention.
- 36:17I'll catch you guys at the next recording.
- 36:20It's a wonderful Saturday evening over here for me.
- 36:23So you'll have fun, you know, wherever you are, finish the
- 36:27podcast, go and share with your boys, you know, bring some
- 36:32booze, libate, relax, or just go home on Netflix and chill or
- 36:37whatever. Either way, have a wonderful
- 36:39weekend.