Financially Incorrect

Jemima Kakizi was already earning from her art before she graduated from university. But when the momentum slowed after graduation, she had to rethink what building a career in the creative industry actually required. In 2017, she took an entry level internship despite feeling that she should have been further along. The experience exposed her to grant applications, open calls, partnerships and professional communication. Skills that extended beyond creating art would become relevant as she developed her work as an artist, curator and founder of Impundu Art Center, a creative space in Kigali that has required an estimated RWF 10 million to RWF 15 million investment.In this episode of Financially Incorrect Rwanda Edition, Jemima reflects on the financial realities of a creative career, from paying her university fees through commissioned artwork to navigating inconsistent income, experimenting with hand painted T shirts during COVID, and learning to charge for curation. She also explains why generating opportunities does not always translate into profit, how negotiation changed the way she approached creative work, and how her income is distributed across artistic work, curation and speaking. What does it take to move from being good at your craft to building a sustainable business around it?---------------------------------------------------------------------------------------------------------------------------------------Get Financially Incorrect Live Early Bird Tickets Here: https://mookh.com/financiallyincorrectlive/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 Jemima Kakizi and the Business of Art29:52 The Financial Reality After Graduation36:15 Why She Took an Entry Level Internship39:47 The Skills She Learnt Beyond Art42:37 Art, Curation and Advocacy48:26 Why She Started Curating for Free51:52 The Hidden Costs of Curating58:25 Creating Value Does Not Guarantee Profit01:05:44 Learning to Negotiate Her Value

A hit song can make you famous. But does it make you wealthy?For Kenyan music legend Nameless, the answer depends on what happens after the song takes off. A major hit can transform an artist’s earning power, open up new markets and bring opportunities that once seemed out of reach. But a good song does not guarantee commercial success, and even a successful career can leave an artist vulnerable when demand slows down.In this episode of Financially Incorrect, Nameless breaks down the economics behind a career in music. He explains the difference between a good song, a hit and a mega hit, and why songs such as Ninanoki and Sinzia had a lasting impact on his career. He also reflects on the unpredictability of music income, the cost of producing music, and why the attention around a song can disappear much faster than it once did.Beyond the music, this is a conversation about building financial security in an industry where income is rarely guaranteed. Nameless shares the thinking behind his approach to investments, how he and Wahu prepare for quieter seasons, and what a period of declining demand taught him about the value of his work. He also opens up about the economics of putting on a concert, the possibility of selling his music catalogue, and why he believes he might have made more money as an architect.---------------------------------------------------------------------------------------------------------------------------------------Get Financially Incorrect Live Early Bird Tickets Here: https://mookh.com/financiallyincorrectlive/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 Introduction: Nameless and the business of music02:30 Growing up learning to live within your means07:00 From a KSh 4,700 salary to music12:00 The first car and early money decisions17:00 How Ninanoki changed his career23:00 The difference between a hit and a mega hit29:00 How Sinzia opened up new markets35:00 Why a hit song does not guarantee wealth41:00 Making money beyond music47:00 Building investments for the quiet seasons53:00 The real economics of putting on a concert59:00 Why ticket prices can make or break an event01:05:00 When the music industry stopped calling01:10:00 The health scare that changed his priorities01:15:00 How brand partnerships became another income stream01:20:00 Could architecture have made him more money?01:25:00 The problem with music royalties in Kenya01:30:00 Would he sell his music catalogue for KSh 300 million?01:35:00 How AI could change the value of music01:40:00 Why live performance may matter more01:44:00 Reinvention, legacy and the next chapter

Doreen Natukunda Opio spent nearly eight years trying to rebuild her livelihood after losing her first business. From selling T-shirts and household items to experimenting with handcrafted art, she struggled to find her footing until COVID-19 opened an unexpected opportunity. Using leftover wood offcuts and the power of social media, Dorin built Art Kadowaz into a creative studio serving clients across East Africa. But growth came with expensive machinery, rising production costs and a major equipment failure that nearly brought the business to a standstill.In this Financially Incorrect Uganda Edition, Dorin shares the realities of turning creativity into a profitable business, investing UGX 53 million in machinery and running a company that supports her family, even though she and her husband don't draw formal salaries.------------------------------------------------------------------------------------------------------------------------------------------------------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 Introduction 02:45 Meet Doreen Natukunda05:55 Growing Up in a Family Business09:57 Starting Her First Business18:22 Losing Her Business & Starting Over22:00 Motherhood & Financial Setbacks28:15 Eight Years of Finding Her Way Back31:25 How COVID Changed Everything35:54 Building Art Kadoras Through Social Media40:19 Turning Wood Offcuts Into Profit45:01 Scaling Production & Investing in Machinery52:51 Landing a Major International Contract57:24 Growing the Business & Finding Customers01:08:34 Rising Costs & the UGX 53M Machine Crisis01:17:45 Financial Success & Running a Business Without a Salary

How do you build an agribusiness managing nearly 5,000 acres across Africa without owning the land? When Kevin Kamau returned to Kenya in 2015 after a decade in the US, he struggled to find employment and turned to farming with no personal capital. What began with one acre of family land grew into Tukalime Ventures, an agribusiness operating across Kenya, Rwanda, Mozambique and Nigeria. But growth came with expensive lessons. Failed harvests, rising production costs and delayed payments from large buyers exposed the financial risks of commercial farming. At one point, Kevin turned down a senior role offering up to KSh 1 million a month to continue building his business, eventually securing a proposed $100,000 investment that opened the door to expansion.In this Financially Incorrect Business Edition, Kevin breaks down the economics of commercial farming, why leasing land makes more sense for his business than owning it, how commodity trading helps manage risk, and the partnerships that enabled Tukalime to scale.---------------------------------------------------------------------------------------------------------------------------------------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 Introduction02:29 Welcome to Financially Incorrect05:28 The Risks of Agribusiness09:06 Family, Inheritance & Generational Wealth16:08 Life in America21:08 Returning to Kenya25:41 Starting Farming With Zero Capital32:33 How Tukalime Ventures Started37:24 Farming Failures & Financial Lessons43:25 Finding Customers & Growing the Business46:35 The Cash Flow Problem55:30 The KSh 1 Million Job Offer59:00 Securing a $100,000 Investment1:03:15 Choosing Business Over Employment1:05:40 Building a Scalable Agribusiness

Fakii Liwali spent decades helping shape Kenya's entertainment industry, working with some of the country's biggest artists and corporate brands. From Homeboyz and Capital FM to Coca-Cola and managing artists like Nyashinski, he built a successful career behind the scenes. But despite earning millions and building a reputation that opened doors, his journey with money was far from straightforward.Fakii reflects on dropping out of college, building a career without formal qualifications and rising from a KSh 5,000 salary to earning over KSh 450,000 a month. He shares how producing the Kenyan movie 40 Sticks for approximately KSh 8 million left him KSh 5 million in debt, the financial hardships that followed, and the lessons he learned about managing creditors, taking risks and rebuilding financial stability.---------------------------------------------------------------------------------------------------------------------------------------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 - Introduction: Fakii's Money Story05:30 - Dropping Out of College to Support His Family09:34 - His First Experience With Forex15:36 - Breaking Into Kenya's Entertainment Industry27:10 - Starting at Homeboyz on KSh 5,00032:25 - Building the Homeboyz–Sprite Partnership38:11 - Selling Kenyan Music Before Streaming43:52 - Making Money Managing Kenya's Biggest Artists48:22 - Making Money From Election Campaigns55:00 - Why Kenyan Artists Undervalue Their Work01:00:14 - Climbing the Corporate Ladder Without a Degree01:22:50 - The KSh 8M Cost of Producing 40 Sticks01:43:45 - Surviving Debt and Financial Hardship02:05:26 - How His Name Became the Capital Behind Kulture02:18:28 - His Biggest Money Regret and Lessons on Wealth