Thought to share few tips on how to get almost anybody talking to you. Domesticated because of cultural nuances as some of the tips may not work in other countries.
Will also be sharing some personal examples.
Let's go
I. Package yourself well
Whether physical or virtual, most people make decision about giving you attention after scanning who you are. Could be as simple as looking at how you dress (in physical meeting) or how you couch your message (in virtual) or as involving as spending
time to check your bio and posts or even Googling/LinkedIn-ing you (in virtual) before deciding whether to respond to you. So you may want to be deliberate in some of these things.
II. Opening matters
Whether physical or virtual, opening matters. You can't go to a Nigerian
bank ED's DM and say "Hi Bola". Proper intro in first message is always helpful. If physical (say you meet at a conference or in a flight), "Good evening sir, my name is Wale Alabi, an accountant, happy to meet you sir.." could be a good ice breaker. If it's a popular face, you
can add "I have been following you in the news for long; happy to meet you sir"
III. Load the intro
Whether verbal (physical) or written (email, sms, DMs etc), load your intro message as much as possible. Say what you know about them, compliment them, talk about yourself too.
Case 1: I used this LinkedIn message to network with a former CEO of NLNG.
This satisfies all points above - proper intro of myself, compliment to him, demonstrated knowledge of him, made my request straight away, the request is a cause I knew would interest him
My first contact was this message sent early this year. Now, he is a good senior friend 😊
IV. Flaunt your network
This is psychology. People feel comfortable with you when they know other people in their social and economic class are comfortable enough to associate with you
despite being below their class.
So if I want to get a new contact into my network, I find a way to mention a mutual friend in the opening conversation or someone in their class who I know they respect.
V. Get introduced
Sometimes, get someone from your existing network to
be the go-between.
Case 2: Used this for a founder of one of Nigeria's top 7 banks. It wasn't an intro, but it was to lubricate the network. Wanted to be sure he hadn't forgotten me. Brought a topic that I knew he would find interesting. This combines point V and point VI
VI. Lubricate the network
When you bring a new VIP into your network, don't forget them after first contact. Stay in touch. Doesn't mean you should be disturbing with weekly call or "forwarded as received" whatsapp messages. But at least once in 3 months, get in touch.
If you find something interesting about them in the news, send a message to congratulate them (if +ve news) or commiserate (if -ve). Don't meet someone and not get in touch till after 1 year or till you need a favour. Relationship is like an equipment, lubricate to avoid rust.
VII. Minimize asking for favour
Don't let the relationship be parasitic. If you must ask for favour, social causes are preferred. Sparingly ask for commercial favour. And respect their no. Some people wanted to use me as go-between to contact a former CBN governor to be on the
board of their small company. I knew the answer was likely going to be a no, but just not to lose the relationship at their own end, decided to tell the ex-gov about it. He said he can't take it because he was busy. Took the message to them and they asked me to pester him further
Told them they should respect the person's no and not strain my own relationship.
So be circumspect in making demands. Don't abuse relationships.
VIII. Whatsapp groups are goldmines
People underestimate whatsapp groups - especially those which have members across all strata
Nowadays you find yourself in whatsapp groups with folks you probably need 3 levels of security check & 3 PAs to access. You can corner them and turn the relationship personal if you play your game well. Start by making meaningful contribution to the group, then "reply privately"
to your target and strike a nice conversation.
Case 4: I cornered a former GM of a Big 5 bank and CFO of a top oil company using this approach. Now, we have a forthcoming lunch. Pulled him aside from a community whatsapp group.
Used same method for a veteran journalist I had been looking forward to meet since my secondary school days and a former commissioner. We happened to be in same sports whatsapp group and I "pulled" him aside.
Let me stop with these 8 tips so the thread doesn't get too long. Hopefully will do a part 2 in the future.
PS: I know this is mainly about networking upward (with people of higher social or economic class). Hopefully part 2 will cover horizontal networking.
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In early days as a corporate tax professional, used to be scared anytime I saw letter from tax authorities with unrealistic tax demand
Out-experienced it
If you like bring a liability of one trillion, wont bat an eyelid
Pretty easy if you are the transparent & compliant type
My personal professional philosophy as a tax manager is, pay to government what belongs to government. But not more. I don't cheat government and will never allow government to cheat me. So after complying and doing everything right, there is nothing to fear.
If you audit me and bring a tax liability of 20 billion naira, I know you are wrong. But the channel of reconciliation has to be followed. Be transparent. Letters after letters, documents after documents, meetings after meetings. I have audits that we've been on for 5 years.
Let me shock the "activists" comparing headline 3% host community fund vs 30% frontier exploration fund.
3% HCF > 30% FEF
The base for latter is prior year operating cost of ALL oil and gas companies (HOR version: 5% for upstream, 2% for midstream and downstream).
There are over 100 oil companies in Nigeria, including IOCs( Shell, Chevron, Exxon etc). NNPC is also included.
The FEF fund is only to be remitted by one company - NNPC Limited.
So you can see that 3% of 100 companies' OPEX can be > 30% of one company's profit oil.
I still hold that 30% is a big cut for any single activity, so not in support of the rate for FEF, but please that thing I have been seeing that "3% for the South, 30% for the North, is simplistic!
.... @wemimospot@nigeriainfo, I'm afraid your guest on just concluded show on PIB committed a lot of blunders
1. It's not NNPC that is broken down into NURC & NMDPRA, it is DPR. She said repeatedly and confidently that the 2 agencies will be part of the the 3 successors to NNPC
2. Despite calling to correct this, she insisted that the 30% is on NNPC Limited profits as a company. Anyone truly familiar with upstream oil & gas industry will know the difference between profit oil/gas and profits of NNPC as a company. The 30% is on profit oil and profit gas
That's the PIB extract on Frontier Exploration Fund above. The base of the fund is not NNPC's profits as a company, it is profit oil from production sharing, profit sharing and risk service contracts.
Profit Oil is what is left after deducting royalty oil, cost recovery oil,
This is one area that has generated curiosity, questions among Nigerians since the passage of PIB.
Frontier, in simple language, means limit, border. So if you are extending frontier, it means you are going into unexplored areas ..
Frontier acreage in oil exploration therefore roughly means unexplored areas. The traditional area of oil production in Nigeria is the Niger Delta, which has links to the Atlantic Ocean. Frontier areas are therefore areas with potential oil outside the trad Niger Delta- new areas
Although frontier is broader, it is sometimes interchanged with inland basins - inland because they dont have anything to do with ocean.
The inland basins of Nigeria include Anambra Basin, Sokoto Basin, Bida Basin, Benue Basin, Chad basin, Benin, Gongola etc.
The former was established by a special law, NNPC Act 1977 (as amended) and not a company subject to CAMA, the law guiding companies in Nigeria.
The latter is limited liability company subject to CAMA
It is also a company with shares. Only that the shares will be held by government. So it is still a government company but now a limited liability company.
PIB repeals the NNPC Act.
A major difference between this and the version of PIB worked on in the 8th NASS is, NNPC was
to be unbundled into 2 companies, National Petroleum Assets Management Company (NAPAMC - to handle PSC assets of predecessor NNPC) and National Petroleum Company (NPC - to take over NNPC's JV interests).
Both NPC and NAPAMC were to be fully owned by government through the