Financially Incorrect

What does it take to turn around an institution that is already broken? Dr Julius Kipngetich has spent decades fixing organisations across Kenya, from KWS and Equity Bank to Uchumi and Jubilee Holdings. In this episode of **Financially Incorrect**, he shares what really drives a turnaround: fixing the system, sequencing change and knowing when money is not the solution.At KWS, his interventions helped drive a sevenfold increase in revenue. At Uchumi, he discovered that even aggressive cost-cutting could not overcome a KES 5 billion capital hole.He also shares how a KES 1 million Equity Bank investment made in 2006 grew to roughly KES 90 million, and what that teaches us about patience, compounding and building wealth.---------------------------------------------------------------------------------------------------------------------------------------Access all our links in one place: https://lnk.bio/Financially_Inc💹 Ready to start trading?🧑‍🏫 Learn how to trade: https://lnk.bio/fxpesa📲 Open a demo trading account: https://bit.ly/DemoAccountYT 📈 Start live trading: https://bit.ly/LiveAccountYT---------------------------------------------------------------------------------------------------------------------------------------Episode Chapters00:00 Intro: Meet Dr Julius Kipngetich02:18 What Would You Do If Money Didn't Matter?05:06 The Systems Theory Behind His Leadership09:14 Growing Up With Money and Responsibility13:02 The First Lessons That Shaped His Career16:47 Fixing University of Nairobi From Within21:43 Reviving Kenya's Investment Promotion Agency26:18 Walking Into a Troubled KWS31:42 How KWS Was Losing Millions36:58 Recovering KES 300 Million in Three Months41:37 Why He Raised Wildlife Park Fees46:29 Tripling Salaries at KWS51:34 The Wildlife Census That Changed Everything56:43 Why KWS Needed Structural Reform1:01:42 Why He Eventually Left KWS1:05:28 How Equity Bank Changed Kenyan Banking1:11:42 The Real Secret Behind Equity's Growth1:17:38 What Went Wrong at Uchumi1:23:16 When Cost-Cutting Cannot Save a Business1:28:41 Rebuilding Jubilee Holdings1:34:47 Why Sequencing Change Matters1:40:06 Government Pay vs Private Sector Pay1:44:32 The KES 1 Million Investment1:49:03 How KES 1M Became Roughly KES 90M1:54:12 Dr Julius Kipngetich's Advice on Wealth

Dr Ronnie Mich Egwang has built a career few résumés could contain: veterinary doctor, broadcaster, media personality, marketer, entrepreneur and business owner. From earning $5 a week as a child to landing a $90,000 continental TV deal, negotiating major media contracts and building a multimillion-dollar marketing business, Dr Mich’s career spans decades of opportunity, risk and reinvention.But the bigger story is what those years taught him about money.In this Uganda Edition of Financially Incorrect, Dr Ronnie Mich Egwang reflects on his media career, Deal or No Deal, Tusker Project Fame, agency life, the $380,000 debt that changed his approach to risk, and the investments and financial principles shaping his retirement.A 40-year money story about making it, losing it, learning and knowing what to do differently.
---------------------------------------------------------------------------------------------------------------------------------------Shoot Location - https://www.airbnb.co.uk/rooms/1325239957948826362?guests=1&adults=1&s=67&unique_share_id=456f0edd-03c2-4850-9438-4cd16bce1729Access all our links in one place: https://lnk.bio/Financially_Inc💹 Ready to start trading?🧑‍🏫 Learn how to trade: https://lnk.bio/fxpesa📲 Open a demo trading account: https://bit.ly/DemoAccountYT 📈 Start live trading: https://bit.ly/LiveAccountYT---------------------------------------------------------------------------------------------------------------------------------------Episode Chapters00:00 From Modest Beginnings to Media Mogul00:14 The $5-a-Week Job That Started It All00:29 Building a Video Rental Business at University00:36 Moving Countries and Learning Financial Responsibility00:39 The $500 TV Opportunity That Changed His Career00:46 From $25 Radio Gigs to a $2,500 Contract00:55 How Ronnie Landed the $90,000 DSTV Deal01:04 Inside Tusker Project Fame01:21 Building Eclipse Marketing Into a Multimillion-Dollar Business01:22 The Concert That Left Him $380,000 in Debt01:29 How Ronnie Rebuilt His Finances01:36 Why Communication Became His Biggest Career Asset01:40 Money, Relationships and the Need to Evolve01:46 What Financial Confidence Looks Like in Retirement01:55 The Money Lessons Ronnie Wants You to Remember

What happens when KES 9 million in revenue leaves you with almost nothing? For Ashok Sunny, founder of Ashok Sunny Tailors Limited, that moment changed the way he understood business. Growing up in Kibera, Ashok learned early that money had to be managed carefully. His mother relied on discipline and chamas to prioritise education and basic needs, while Ashok found his own early route into entrepreneurship by altering and reselling thrifted clothes.What began with KES 5,000 suits eventually became a business serving CEOs, ambassadors, celebrities and high-net-worth clients through luxury bespoke tailoring. But the road from tailoring clothes to building a profitable company was far from straightforward.At one point, Ashok’s business generated KES 9 million in revenue but made virtually no profit. The problem was not a lack of customers. It was the failure to understand the true cost of running the business. That forced him to formalise the company, separate business and personal finances, understand fixed and variable costs, bring in professional financial advice and rethink how the entire operation was structured.In this episode of Financially Incorrect Business Edition, Ashok Sunny takes us inside the economics of Kenyan tailoring and explains what it really takes to build a luxury business in an industry often misunderstood as simply creative. He breaks down the difference between bespoke, made-to-measure and custom-made tailoring, why a bespoke suit can cost $1,000 or more, how he entered the high-net-worth market, why hundreds of cold emails and DMs became a customer acquisition strategy, and how changing his pricing helped triple revenue from bespoke orders.---------------------------------------------------------------------------------------------------------------------------------------Access all our links in one place: https://lnk.bio/Financially_Inc💹 Ready to start trading?🧑‍🏫 Learn how to trade: https://lnk.bio/fxpesa📲 Open a demo trading account: https://bit.ly/DemoAccountYT 📈 Start live trading: https://bit.ly/LiveAccountYT---------------------------------------------------------------------------------------------------------------------------------------Episode Chapters00:00 Inside Kenya’s Luxury Bespoke Tailoring Business02:12 Growing Up With Financial Constraints12:04 From Thrift Clothes to Tailoring20:12 Why the Master Cutter Matters27:54 Why Kenyan Tailoring Costs More43:32 KES 9M Revenue, But No Profit50:32 Bespoke vs Made-to-Measure vs Custom1:00:30 Fashion vs What Kenyans Actually Buy1:05:55 How COVID Tested the Business1:10:02 Breaking Into Luxury Bespoke1:21:01 Winning KES 10–11M Corporate Contracts1:27:30 From Tailor to Lifestyle Brand1:34:53 The Mechanics Behind a Luxury Suit1:41:56 Building the Future of African Tailoring

From a KSh 30,000 banking salary to building a luxury executive travel and private jet business. Dan Njoroge’s story is not really about luxury. It is about learning what people will pay a premium for, surviving the periods when the money disappears, and discovering that revenue means very little without financial discipline. Dan started with very little. His first income was KSh 5,000 as an intern. After leaving banking, he struggled to pay rent, experimented with a stationery business that barely made margins, and eventually found an opportunity in luxury chauffeur services through a friend’s idle Range Rover.That small opportunity became Lesus Executive Concierge.What followed was a crash course in premium pricing, corporate clients, reputation, networking and the economics of serving wealthy customers. Dan explains how he moved from weddings to corporate and VIP clients, why some of his celebrity marketing produced almost nothing, how one major client helped keep the business alive during COVID, and how that period ultimately opened the door to Lassus Private Jets.But the most revealing part of the story may be what happened after the business started making money.Dan admits that he initially mixed personal and business finances, withdrew money impulsively and learned the hard way why a growing company needs liquidity. By 2022 and 2023, he had separated the two, built stronger financial controls and started thinking differently about cash, reinvestment and growth.---------------------------------------------------------------------------------------------------------------------------------------Access all our links in one place: https://lnk.bio/Financially_Inc💹 Ready to start trading?🧑‍🏫 Learn how to trade: https://lnk.bio/fxpesa📲 Open a demo trading account: https://bit.ly/DemoAccountYT 📈 Start live trading: https://bit.ly/LiveAccountYT---------------------------------------------------------------------------------------------------------------------------------------Episode Chapters00:00:00 - Introduction & Announcements00:01:20 - Meet Dan Njoroge: Kenyan Entrepreneur Profile00:02:24 - Lesson Learned: "Envy No Man"00:04:30 - Concept of Money & Problem Solving00:06:46 - Dan’s Childhood and Early Money Situation00:13:36 - Transition from Banking to Entrepreneurship00:20:08 - Starting the Chauffeur Business & Early Hustles00:30:22 - Advertising & Corporate Client Acquisition00:35:12 - Shift from Weddings to Corporate Business Model00:38:28 - Business Office Setup and Financial Discipline00:41:14 - First Global CEO Client & Added Services00:45:39 - Pricing and Value Proposition Strategy00:48:06 - Hiring Staff and Growing the Business00:49:36 - Revenue Milestones & Investment Philosophy00:51:11 - Buying First Business Vehicle & Asset Ownership00:53:39 - Revenue Streams: Weddings, Corporate, Conferences00:54:39 - Celebrity Transport Experiences and Challenges00:58:21 - Client Value Understanding & Pricing Insights01:00:26 - COVID-19 Impact and Lifestyle Adjustments01:03:04 - Breakthrough Private Jet Client & New Business Venture01:08:40 - Separating Personal Finances from Business Finances01:12:07 - Private Jet Market in Kenya & Industry Events01:17:07 - Biggest Business Challenges & Failed Investments01:19:16 - Best Year in Business & Achievements01:21:22 - Marketing to Government & High-Profile Clients01:23:13 - Maintaining Global Service Standards & Chauffeur Protocol01:26:56 - Business Promotion: Lesus Executive Concierge & Private Jets01:28:32 - Episode Conclusion & Thanks

Mike Kayihura’s music career has taken him from church choirs and a first Rwandan paycheck to regional recognition across Rwanda, Uganda and Kenya. But behind the songs is a financial story shaped by contracts, missed opportunities, poor money decisions, community support and the difficult business of building a sustainable career as an independent artist.On this Financially Incorrect Rwanda Edition, Mike opens up about what it really costs to build a music career in East Africa, including the contracts that kept him from releasing music for years, the money he made from early commercial work, the unexpected success of “Sabrina,” and why Uganda eventually became such an important market for his music.He also reflects on the money he wasted when his career began taking off, the impact of COVID-19 on live performance, learning to treat music as a business, and rebuilding his career after restrictive agreements.The bigger story is about more than music. It is about creative ownership, financial discipline, contract literacy and the importance of thinking beyond your home market.---------------------------------------------------------------------------------------------------------------------------------------Access all our links in one place: https://lnk.bio/Financially_Inc💹 Ready to start trading?🧑‍🏫 Learn how to trade: https://lnk.bio/fxpesa📲 Open a demo trading account: https://bit.ly/DemoAccountYT 📈 Start live trading: https://bit.ly/LiveAccountYT---------------------------------------------------------------------------------------------------------------------------------------Episode Chapter00:00 Mike Kayihura on Music, Money & Identity03:00 Growing Up Across Rwanda, Uganda & Kenya06:30 Finding His Voice Through Church10:00 His First $100 and First Big Paycheck15:00 When Music Started Becoming Serious20:00 The Influence of Family & Community26:00 Moving to Ethiopia to Study Music30:00 Learning Music Through Improvisation34:00 The Contract That Restricted His Music38:00 Making Barely Mixed on a Budget41:00 Five Years Without a Formal Release44:00 How “Sabrina” Changed Everything46:00 Why Uganda Became a Major Market48:00 Making Money, Spending Money & Regrets50:00 What COVID Did to His Music Income52:00 Another Contract, Another Career Setback55:00 Trusting Friends Over Legal Advice58:00 Rebuilding His Career With Inaza1:02:00 Why Rwandan Artists Need Regional Markets1:06:00 Building Beyond Kigali1:10:00 Where His Music Income Comes From1:12:00 The Business of Being an Artist