Latest / Closing Sales in Nigeria - Sales For The Nigerian Business Person: The Sales and Marketing Blueprint / Your Kids Are Watching: How Your Business Habits Shape Their Future
Transcript
- 0:01Hello everyone and welcome to the show.
- 0:04Before we begin, two things. I'm not in the audio booth, so
- 0:07expect to hear some interruptions in the background.
- 0:09And then second thing is the cold is still there.
- 0:14So this might be one of those sniffling episodes.
- 0:18Well, the good thing is I'm not high on what's it called period
- 0:21thing this morning just to glory to Dean instead.
- 0:24So hopefully in a couple of hours I should be OK.
- 0:27Then today I'm not going to be tackling any question per SE.
- 0:31This one is more of a random thoughts episode.
- 0:33But before I get into it, let me just share a couple of stuff
- 0:36with you guys because my wife accuses me.
- 0:38She says I'm a nerd and I vehemently disagree.
- 0:44But still, let me just share with you guys what I have on the
- 0:46playlist. And yes, I'll leave it up to you
- 0:50guys to decide. So currently on Spotify, you
- 0:53know, while I'm working, I like to have music in the background.
- 0:55Yes, I know for those of you who have productivity geeks, you say
- 0:59music in the background while working equals zero.
- 1:02You're not getting work done. And to a certain extent, yes,
- 1:06I'm going to agree because when music is on in the background, I
- 1:09do notice that tasks take a whole lot longer.
- 1:12But I've noticed that if I can have controlled distractions, at
- 1:16least I'm able to maintain the the pace for a longer stretch.
- 1:22So when I'll leave it up to, you know, you guys who are
- 1:26productivity hacks or maybe management specialists and, you
- 1:30know, stuff like that to carry on the debate.
- 1:32But yeah, once in a while, I work with music in the
- 1:34background. So currently I'm listening to
- 1:36Serge Tankian. I'm not sure how to pronounce
- 1:38the name. For those of you who listen to
- 1:40that sort of music, hit me up. Let me know.
- 1:43And if you are late 70s, early 80s kid like I am in Nigeria,
- 1:50then you should be familiar with the group.
- 1:51Their System of a Down. One of my sisters think they are
- 1:55downright demonic, you know, because of the head thrashing,
- 1:58the heavy metal guitar, what else, you know, makeup and all
- 2:02that sort of stuff. So surge tank.
- 2:05And that's what I'm listening to on Spotify.
- 2:07His band is System of a Down, but I'm listening to his solo
- 2:09stuff and some of his collaborations then on Netflix.
- 2:12If you guys want to check out what I am watching, I'm
- 2:15currently trying to finish Star Trek Star Trek Beyond.
- 2:21It's a what it was 'cause this is old now, was a reboot of the
- 2:25Star Trek series, although I prefer the second one, which was
- 2:28Wrath of Khan, which was also based on the older television
- 2:34episodes of Star Trek. So that's what's currently on my
- 2:36playlist. So whether I'm in there or not,
- 2:38I'll leave it to you guys to decide.
- 2:40But then again, like I said, I vehemently object to that label
- 2:46because I just think I have fine taste.
- 2:48Let me just put it that way. Now straight to the episode for
- 2:52today, random thoughts. I had two business meetings
- 2:57today and coming back home just got me thinking OK, well one of
- 3:02them was a business meeting. The other one was not really a
- 3:04business meeting was more personal when they coming back
- 3:06home and got me thinking about a bunch of stuff.
- 3:09Now the first meeting was supposed to be for 9:00 AM, but
- 3:12I was able to be there by 8:30 and so-called up the person like
- 3:17you know what's up was supposed to be 9 but it's 8:30 I'm in the
- 3:20neighbourhood so how far? And guys like yeah sure, let's
- 3:22get started and we did. Now the second meeting I told
- 3:26the person that I had some stuff to do in their neighbourhood for
- 3:309:00. So anyhow, sure when that 9:00
- 3:33finishes I'll hit you up. So, you know, she said OK, no,
- 3:35I'll like, I'll come through. But because I showed up at 8:30
- 3:39and finished with the first guy at 9, I just drove to the second
- 3:42place and I'm like, hey Madam, sorry, meeting finished early,
- 3:46so I'm around. So what's up?
- 3:49She was like, yeah, sure, come up.
- 3:51So we came, had the meeting and summary by 10:00 AM.
- 3:57At the time of his recording, I was back at my desk and ready to
- 4:01get some work. So I figured, so in those
- 4:05interactions, you know, a bunch of stuff got me thinking.
- 4:08I figured, let me just make a podcast episode about that.
- 4:10So one of them is this whole thing around the benefits of
- 4:14coming early or starting early. And the reason why I want to
- 4:17point this out is because, well, currently 56% of those of you
- 4:22who listen to this show are Nigerian.
- 4:24We still have 30 something percent of you who are
- 4:27Americans, but I don't know enough about what's it called?
- 4:34What's this thing called? We are trying to figure out
- 4:38data. So I'm not I, I don't know if,
- 4:40you know, you guys are like American American citizens or
- 4:43you're just, you just happen to be Nigerians in diaspora.
- 4:46But either way, since more than half of us are Nigerians on the
- 4:48show, you know, we have this thing about African time,
- 4:51Nigerian time, you know, blah, blah, blah.
- 4:53And you know, I guess it's just one of those things, but still
- 4:56on the podcast, I've always advocated that as a professional
- 4:59salesperson and we should view ourselves as professional
- 5:01salesperson people. We should not be late.
- 5:05I think it's unforgivable for a salesperson to be late because
- 5:08you're already beginning to set the impression that you're going
- 5:10to be sloppy about a bunch of stuff.
- 5:12And that is that is stuff that we we'll just make life
- 5:18difficult. Let me just put it that way.
- 5:20So let's go back to the wedding photography example, because
- 5:23that's where I started off my business experience as a wedding
- 5:25photographer. If the bride already thinks
- 5:26you're sloppy, then well, a day because you know, you do
- 5:31something she kind of expects you to be sloppy anyway.
- 5:35And if there are legitimate concerns concerning delivery
- 5:39like that time when customs went on strike and I I couldn't get
- 5:42my albums through, you know, some of it will be like how much
- 5:47of it was really customs problem or how much of it was really
- 5:49down to the photographer. But because I always made it a
- 5:52point of call to be early and things like that, there are
- 5:58times when even when I've had legitimate business snafus like
- 6:01that, like people are willing to be forgiving because like, oh,
- 6:07it's you, you know, that kind of thing.
- 6:09So there are benefits to coming early because it helps enhance
- 6:14your credibility with other people.
- 6:15They say that you're a correct guy or you're a correct girl and
- 6:19quite frankly helps you save time because you now get more
- 6:21done in a day. Because originally I was
- 6:23thinking that by 12 one I'll be back in the house and then it
- 6:30has I now have time to I get some stuff done before school
- 6:34work, but sign on school work. I was called pick up and drop
- 6:38off school runs and well, because I was early, the other
- 6:43people were available or started early who are quite free to go
- 6:47about our day. And instead of getting back to
- 6:50my desk at 12 like I thought I was back at 10.
- 6:53And so I hope you guys can see that even though we are in a
- 6:58African time, Nigerian time culture, there are some benefits
- 7:00to starting on time. And so, of course, yes, you
- 7:03might catch the other people off guard, but sometimes the other
- 7:07people might be just as happy to, you know, get on with the
- 7:12agenda and get out of the way. Because for the second lady, by
- 7:15the time I showed up, she was in the middle of some domestic
- 7:17stuff. So it actually turned out to be
- 7:18a good thing because like, OK, cool.
- 7:20So now we can get rid of this business conversation, sharp,
- 7:24sharp. And so I can spend the next, you
- 7:27know, however hours or whatever dealing with these domestic
- 7:31issues that I have to deal with. So it turned out to be a good
- 7:34thing. And then even if you're on time,
- 7:37the other people are not on time, they're running late,
- 7:40things like that. For those of us who choose to do
- 7:43content marketing to promote our businesses, this is a good way
- 7:46to get content marketing done. And yes, this is the reason why
- 7:51sometimes I'm making the podcast episode and you guys hear cows
- 7:54in the backgrounds or chickens or whatever.
- 7:56It's because we're supposed to have a meeting.
- 7:58The person is not there yet. Rather than just sit down and do
- 8:02nothing and maybe drink Fanta or whatever, just go back to the
- 8:05car, make a podcast recording real quick, upload, and then go
- 8:09for the meeting. And so you adopt this kind of
- 8:13mindset. You're going to be able to get a
- 8:15lot done. You don't have to be a
- 8:16podcaster. If you're somebody who is
- 8:18creating content like writing blog posts or stuff like that,
- 8:22then just whip out your phone and start clocking away and get
- 8:25things done. I strongly recommend everybody
- 8:28should have a Bluetooth keyboard.
- 8:30I know that. My advice is what's that word?
- 8:36It sounds like tech for tech sake, you know, like people see
- 8:39the keyboard are like, this is cool, but it's it's beyond cool.
- 8:43Yeah. It makes you look cool.
- 8:44It makes you look sexy. It makes you look like Tony
- 8:45Stark. But really Bluetooth headphones
- 8:48you can call whenever you want to Bluetooth keyboard, you can
- 8:52type quickly. You don't have to do that thumb
- 8:53thing on your phone. So you guys think about it,
- 8:56Bluetooth headset, Bluetooth keyboard, basically you have a
- 9:00mobile office, you can work whenever or wherever.
- 9:03Just make sure you don't park next to a kitchen.
- 9:05Sorry, I say kitchen to a chicken.
- 9:07So that the thing doesn't, you know, what do you think?
- 9:11What sounds do? They do chickens, they crow.
- 9:14So the thing doesn't crow in your ear.
- 9:16But As for cows, you, you can't avoid it.
- 9:19Abuja is all around by cows now. I mean, it doesn't matter where
- 9:21you go. Central area, there are cows,
- 9:24outskirts, there are cows, there are cows everywhere.
- 9:26So you can't avoid that one. You might be in the car trying
- 9:28to have a business conversation and then next thing cows like so
- 9:34you, you can't avoid that. Hopefully you won't be on a Zoom
- 9:37call with someone in the international market because I
- 9:40can't imagine Americans, you know, listening and thinking
- 9:42like, what the hell is going on in that country?
- 9:44Like you're in Central District and you have cows just walking
- 9:48around. Yeah.
- 9:51So that's the first random thought.
- 9:53Their benefits are coming early, even though we are in an African
- 9:56time culture and in a Nigerian time culture.
- 9:59Now, the for the second meeting, the lady that I had the meeting
- 10:03with, she's been in business much longer than I am.
- 10:05And of course, she's much older than I am because she has a
- 10:09bunch of kids. And our oldest has currently
- 10:12relocated and he's almost 30 years old.
- 10:14So there's quite a significant gap between us.
- 10:17So apart from business collaborations, you know, once
- 10:19in a while it's nice to talk family stuff and business stuff
- 10:21as well. Because most of my, most of my
- 10:24friends have kids around my age. OK, well, apart from my brother
- 10:27who started when I was 25. So he's, his kids are teenagers
- 10:32right now, not big, big teenagers, you know, like small
- 10:34teenagers, you know, like 14/14/13, that kind of thing.
- 10:41Where was I? So in my conversation with her,
- 10:45I just remembered a bunch of things that I spoke about in an
- 10:48older episode, the podcast episode that I made about social
- 10:51capital. Now, social capital, hard to
- 10:54define, but in my own opinion, do I like to define in social
- 10:58capital just the experiences, the sum total of experiences
- 11:02that people are exposed to in a domestic environment.
- 11:07And then that informs children's worldview and things like that.
- 11:11It's something I can relate to because, well, we should all be
- 11:15able to relate to because sometimes the difference
- 11:17between, OK, let me keep it in my family, the difference
- 11:20between me and some of my cousins, because there are some
- 11:23of my cousins who are a lot smarter, a lot ambitious, you
- 11:27know, stuff like that. But due to circumstances of our
- 11:30birth, you know, we just had different social capital growing
- 11:34up. You know, I was raised by my
- 11:36parents in different part of the country, certain kind of income,
- 11:40certain kind of neighbourhood, you know, but a bunch of them,
- 11:43some of them raised in the village, things like that.
- 11:45So you can see how with different circumstances, with
- 11:51different social capital, you know, some of my cousins without
- 11:54turned out the whole lot different.
- 11:58And I guess that is some of what Warren Buffett means when he
- 12:01says that for him, it's all luck because he won the genetic
- 12:05lottery being born in America at a time when he was born to those
- 12:08parents that he was born to, you know, stuff like that.
- 12:10So you can see that it's difficult to divine.
- 12:14Sorry, not divine to what's that word define.
- 12:19Yeah. So difficult to define, but it's
- 12:21the sum total of all these experiences.
- 12:23And in the older episode that I made on social capital,
- 12:26basically I was saying that one of the reasons why we should all
- 12:29get involved in businesses is because we are enriching our
- 12:32children with social capital. We're informing their worldview,
- 12:35and we're helping them learn how to face the world.
- 12:39And that's because, but it's time.
- 12:40Me and Madame were done with business conversations.
- 12:43We started talking about our kids.
- 12:45And I've learned last week that my son, my son is into origami.
- 12:51That's the Japanese art of Japanese art, of how I put it,
- 12:55paper art, basically. So he's making all this paper
- 12:58stuff, you know, those of us seventies, 80s, kids, all those
- 13:02things that we used to do. OK, well, we all used to make
- 13:04paper planes and then paper guns.
- 13:06We didn't do the fancy stuff because you can do all kinds of
- 13:08things. You can make frogs, you can make
- 13:09Swans, excuse me? You can make balls, paper balls,
- 13:13you can make Dragons, you can make all kinds of things.
- 13:16So that sort of stuff. I mean, you young kids nowadays,
- 13:20you will know nothing about that because everything is digital
- 13:22for you guys. So you guys don't really play
- 13:24with wood and paper and sticks and stones like we used to.
- 13:27So my son is into origami and I just found out last week that he
- 13:30actually is selling some of his stuff in school.
- 13:33And it made me, it made me really proud.
- 13:36I've been waiting and looking for an inroad to have some of
- 13:40those conversations. The first time we spoke about
- 13:42stuff, he was talking about lemonade stands.
- 13:44And, you know, I had to bring it back now to look.
- 13:47There's just some Nickelodeon BS as in it's not going to work in
- 13:50this environment. Like it can't work, but you
- 13:54know, whether sanitary conditions, blah, blah, blah,
- 13:57it's probably not a good business to get involved in.
- 13:59And so after after a while, I was wondering, like, did I do
- 14:03the right thing? Like, should I have shot him
- 14:05down? Should I have said, oh, yeah,
- 14:07lemonade stand. Good idea.
- 14:08This is how we executed. Where are you going to sell?
- 14:10Is he going to be in school? Let's run this thing.
- 14:12Let's see how we can you can whether this thing can pop off
- 14:15or not. And I started feeling really bad
- 14:18and regretting that I had that conversation with him.
- 14:20But then now he has started this thing or selling origami.
- 14:23And you know, I'm glad that he's throwing his, throwing his head
- 14:28back in the game and, and he's taking, he's taking a shot at
- 14:33it. And it made me really, really
- 14:35proud. And of course it's OK.
- 14:39I was going to say it's obvious. Maybe it's not obvious.
- 14:42But I think it's also a contributing factor that my son
- 14:46is watching because not only is my son watching me do what it is
- 14:53that I do when I, when we talk, I tell him stuff, you know,
- 14:56about my, my father, that's, you know, his, his granddad who is
- 15:00late at the moment. So, you know, we talk and I tell
- 15:03him to, oh, you know, your grandfather used to sell cement.
- 15:05Grandfather used to do this. Grandfather used to run this,
- 15:07used to run this, this one worked, this one didn't work.
- 15:10This is why blah, blah, blah, you know, all these sorts of
- 15:13things. So my, my son is around.
- 15:17He's seeing me, the things I'm trying to run once in a while,
- 15:22he sees some of my friends. And then we have whenever I'm
- 15:25done with the client, I have the conversation with him, like, OK,
- 15:28yeah, so spoken with the client. This is the client's business.
- 15:30And he's like, oh really? So people can't make money doing
- 15:32this? People can't make money doing
- 15:34that when I grow up around to make money.
- 15:36So with all these conversations, I think the young man is
- 15:40learning quite a bit. And so.
- 15:43Excuse me. So I guess it's not surprising
- 15:45that he has started trying. He's now currently selling
- 15:48origami to his classmates and I am keeping the the proceeds.
- 15:54This school has this thing where they they give out vouchers like
- 15:58virtual money. Now people are able to cash at
- 16:00the end of the term. So he's collecting the vouchers
- 16:02and he's going to be able to cash it out at the end of the
- 16:04term. So I'm keeping the vouchers and
- 16:06I'm watching everything stack up and I'm real proud.
- 16:08And I'd be more happy because it's going to be two lessons in
- 16:10one because my guy, my son is going to learn about business
- 16:15when they learn about selling, meeting the market need.
- 16:19And he's also going to learn something because, you know, now
- 16:22that we're moving through this whole thing of Web 3 and blah,
- 16:24blah, blah, you know, things being tokenized and things like
- 16:28that. He's also going to, I think it's
- 16:31going to be a good introduction for us having that conversation
- 16:35into Web 3 and tokenization because what he is selling the
- 16:40origami for is not money, but can be converted into money, you
- 16:43know, into something else. So that would also be sorry,
- 16:48excuse me, good conversations for the future.
- 16:51You know what NFTS where people talking nice things over the
- 16:56web. You know, what is all that about
- 16:59conversion, convertibility issues, you know, naira to
- 17:01dollar, all these sorts of things.
- 17:03So room for good conversations there.
- 17:06So all these basically is I think it's a good reason to get
- 17:10involved in business because you can see that the social capital
- 17:12that is going on between me and my son.
- 17:15So it doesn't matter whether the thing works or it doesn't work.
- 17:18You know, like for my father, you know, none of the
- 17:23enterprises really took off the cement thing that the cement
- 17:27thing not want to have promise, it had real promise.
- 17:30But because my father was a civil servant, it's unethical
- 17:32for civil servants in Nigeria to have a business outside anyway.
- 17:35So he have family members running and you know, some of
- 17:38you listening to the show now as far like, you know, like your
- 17:42father had a business. He tried to involve some uncles
- 17:45and cousins and things like that.
- 17:46And so we know how it all goes, even though they make well,
- 17:51funny enough, my wife also has that kind of experience to like
- 17:54our father also had a bunch of stuff and he wanted to help the
- 17:58community, help the family. So, you know, I set up this
- 18:01business, you know, uncle, this come around, this cousin, this
- 18:03come around, this, sister this come around that and all these
- 18:07things in there. Well, but anyway, that's podcast
- 18:10episode for another day. But I'm not trying to say that
- 18:12my father does a bunch of stuff. Social capital transfers to me.
- 18:16I run a bunch of things social capital transfers to my kids.
- 18:19So you can see now how deliberately small by small, you
- 18:23know, the the what's that word? I don't use destiny.
- 18:29Destiny is too is too big. The trajectory of of a family
- 18:36can be changed. So social capital, big things
- 18:39take advantage of it. So yeah, the reason why that
- 18:42came up actually is because like I said, this lady, her kids are
- 18:45much older. The 30 year old has already left
- 18:47the house, but the baby of the house is still there.
- 18:49She's a teenager, like proper teenager.
- 18:52And you know, while I was there, there were dogs all over the
- 18:55place. I don't like dogs because I was
- 18:57attacked as a child. And yeah, it turns out that it's
- 19:01her daughter who has all the dogs because what she's doing is
- 19:03she's raising, what would I call them?
- 19:11I don't know the terms, you know, exotic.
- 19:13She's raising exotic breeds of dogs and she's selling them.
- 19:16So one of the, you know, the small ones that are hairy and
- 19:20fluffy, not Chihuahuas because they're bigger than Chihuahuas,
- 19:22but I don't know what they're called.
- 19:23But they have hair, Sha, when you have a dog and it just looks
- 19:27like a white Afro running around.
- 19:30So the dog has gotten a bunch of children.
- 19:35What do you call dog children? The dog has pups.
- 19:38Yeah. So there are lots of pups
- 19:39running around the house. So those dogs everywhere.
- 19:41And that's the thing that her daughter is doing for business.
- 19:43And I'm like, Madam, like, this is correct.
- 19:46And this is a good hustle. And she's like, of course, now,
- 19:49you know, when they were small, following me to trade show.
- 19:51Follow me here. Follow me here, that we've seen
- 19:53what it is that I've been doing. So everybody's running their own
- 19:56thing. So the 30 year old is abroad is
- 19:59running his own thing, the middle child abroad running his
- 20:02own thing. Daughter here in Niger has
- 20:05started her own thing. And that is really, really good
- 20:09experience because breeding dogs is not Manny's work, any kind of
- 20:13animal husbandry's work. Veterinarian, you need to make
- 20:17sure that the animals are healthy.
- 20:20Of course, if you go to the vet now is not is not free.
- 20:23So the girl is having to pay from her own pocket veterinary
- 20:26costs. She's having to pay from her own
- 20:28pocket food costs, She's having to clean up after these things.
- 20:32And then she also has to do inventory management because,
- 20:35you know, sometimes these things are fashionable.
- 20:36Like there's a time when Bulldogs used to rain.
- 20:39Everybody wanted to buy Bulldogs.
- 20:42Bulldogs mixed with what are they called when you take a
- 20:45bulldog and then you mix it with something.
- 20:47OK, Remember what all those breeds are called.
- 20:49So those time when I was always raining in Nigeria.
- 20:51So you also need to learn inventory management because if
- 20:54you're breeding the small furry things where everybody's trying
- 20:57to buy our station Smith mixed with pitbulls and all whatnot,
- 21:01then you're on a long team because you're holding inventory
- 21:03that nobody wants to buy. So this teenager is learning a
- 21:09lot right now. And for those of you who we've
- 21:12been talking to one-on-one, because I've spoken to a bunch
- 21:15of you university people, NYC people still at home on C and
- 21:20there's one guy that I had to kind of school because he moved
- 21:23out of the house. And I'm like, what are you
- 21:25moving out for? Independence is overrated.
- 21:29Trust me, independence is overrated.
- 21:32Right now you're staying in Popsy's house.
- 21:33You're staying in moms. He sells.
- 21:34OK, So they want you to come in by 8:00 every day.
- 21:37I understand it's, it's rough, but the fact is not rough. 8:00
- 21:42is reasonable. Let's let's not be idiots about
- 21:44this. The popsy says be home by 8.
- 21:47It's reasonable because let's face it, once in a while, if
- 21:50you're home 8 every day, whenever Friday, you know, you
- 21:52disappear, you come back 11 worst case scenario, you know,
- 21:56Popsy, who born and he was strong face wasn't as if he's
- 21:59going to beat you and he's not going to kick you out of the
- 22:01house. So I think 8:00 is reasonable.
- 22:04So this whole thing of you want independence, you want to be
- 22:06your own man. You want to this that that that
- 22:08that you want to be your own woman.
- 22:09You're tired of people stressing you, you know, just stay in the
- 22:13house. There are advantages staying in
- 22:15the house. You don't have to worry about
- 22:17your own feeding. I don't think popsy and Mumsy,
- 22:20if you're raising dogs like my friend's daughter is, they might
- 22:23not pay for the food for the dogs.
- 22:27They might be like, look, that's your own business.
- 22:29I don't want shit on the floor in the house.
- 22:31I want to be able to sleep without noise.
- 22:34Don't disturb me. Just do your business.
- 22:36You can use this room or you can use the back of the house,
- 22:38whatever. So the advantages for those of
- 22:40you who are still teenagers, don't do this.
- 22:43I want to be my whole man my my own man thing.
- 22:45Just stay at home. First, just stay in the house.
- 22:48You don't have to worry about food.
- 22:50Transportation is your own most likely, but at least you don't
- 22:53have to worry about food. You don't have to worry about
- 22:55rent. This is the time to start
- 22:58running your thing. So for those of you who say you
- 23:00want to do copywriting, business, blah blah blah and all
- 23:03whatnot, yes, pop season argue every day.
- 23:05It's annoying, I understand. But stay in the house now
- 23:10continue to crash on the floor or whatever.
- 23:14But The thing is at least you are not paying house rent and at
- 23:18least you're not paying for food because how mumsy cook and
- 23:22because this Nigeria mumsy won't cook.
- 23:24Mumsy can cook and they say you should go and pay.
- 23:27You know, I understand that in the UK and in some parts of
- 23:30America, you know, they're hush like that.
- 23:32Like one more time has reached, you know, you're 18 years old,
- 23:35It's time to start paying room on board, you know, pay for
- 23:37food, contribute for this, contribute for that.
- 23:40But Nigeria is one of the benefits that we have of being
- 23:42in Nigeria and we haven't reached that level yet.
- 23:44So stay at home and take advantage of these sorts of
- 23:47things. Anyway, bottom line, for those
- 23:52of you who are thinking should I start a business?
- 23:53Should I not start a business? This is one of the reasons
- 23:55social capital, The children are watching, your sons are
- 23:58watching, your daughters are watching.
- 24:00And when they watch, it looks doable, it's not so scary and
- 24:06they will start somewhere and you'll be around to guide them
- 24:10and say, Oh my daughter, this your dog bearing business.
- 24:15Remember when I was small and I used to do this one, I used to
- 24:17do this one and I used to go for this trade fair.
- 24:20And that trade fair, there's something that we call inventory
- 24:23management. This is how you do it.
- 24:24You do it like this, you do it like that, you do market
- 24:26research, blah, blah, blah. Just like the conversations that
- 24:29me and my son are going to have. So social capital really good.
- 24:36Both of our children are learning lessons about selling.
- 24:39In fact, that's the one that really suits me the most because
- 24:43my son, well, he's been always good at talking to people
- 24:46anyway. So he's going out, he's talking
- 24:49to people, random people, different classes, two classes
- 24:52above. OK, he doesn't sell to the
- 24:54juniors, so he's his classmate. And then people above.
- 25:00Let's see what else learning how to meet marketing demands like
- 25:04my friend whose daughter like this lady or let me just say
- 25:07acquaintance. She's not only my friend.
- 25:09Besides she's older than me. So we can't be friends.
- 25:11So this lady hope we do some business together.
- 25:16Whose son is learning. Sorry, whose daughter is selling
- 25:19the dogs? Then I guess The funny thing is
- 25:24by our kids trying to run this hustle that they're running,
- 25:31they actually are becoming very, very good at socializing.
- 25:35And they are becoming better at socializing than other kids.
- 25:39So fancy that the children take a liking to business and it
- 25:43helps them be better adults in the future and it helps them be
- 25:47better kids for now because they can socialize a whole lot better
- 25:51than the other classmates who just bury their heads in tablets
- 25:59everyday. So that's it.
- 26:00This is another reason to start a business, social capital,
- 26:03teach your kids about the world. Even if you don't say anything,
- 26:06by watching you, they're learning about the world and
- 26:09it'll give them confidence to face the future.
- 26:11So that's the end of my round of episode today.
- 26:13Connect me on WhatsApp, phone number is 08064662140.
- 26:18The country code is +234. If you're not Nigerian, also
- 26:21connect with me on WhatsApp, the name to look for establishing my
- 26:24IED. I'm the host of the show.
- 26:26You can confirm the spelling of my name from the link where
- 26:29you're listening to this episode.
- 26:30So highlight, copy paste and LinkedIn.
- 26:32My handsome face will show up. And then they can connect with
- 26:35me on either of these avenues for insights, tips, questions.
- 26:41I mean, for those of you who reach out to say I listen to
- 26:43this, but I disagree. I love having those
- 26:45conversations with you guys. It also informs future updates
- 26:48and episodes that I have to that I make later on.
- 26:52And then, yeah, I think I'll share some more if you
- 26:59represent, share some more stuff, you know, stuff on my
- 27:01playlist. So you guys decide.
- 27:03Let me know if you agree with my wife, whether I'm a nerd or not.
- 27:07But yeah. So while you're working, just
- 27:09put on some surge Tankian. That's TANKIAN.
- 27:15Or just check system of it down. Really good music there.
- 27:18But if your mumsy is born again, please do not play from speakers
- 27:21through the house. She will come out and say, what
- 27:23kind of demonic music is this Come out.
- 27:24Will you shut that thing off then?
- 27:27Star Trek. Yeah.
- 27:30Star Trek Beyond or Star Trek, Wrath of Khan, both of them
- 27:35equally good movies and no nudity, no violence.
- 27:37So that'll be OK. Well, there's this scene where
- 27:39Captain Kirk kissed an alien who was green.
- 27:43So yeah, your mom sees born again.
- 27:44She might not like that. Like, what kind of rubbish is
- 27:46this? Committing fornication with an
- 27:47alien? Will you turn this thing off?
- 27:49So yeah, that's it for today. I'll catch you guys at the next
- 27:52episode.