It’s Admirable & Godly to be Financially Intelligent

Man is a social being. There is therefore a tendency for anyone to follow fads and waves rather than apply thought to decision. A common area we like following waves of popular opinion is in management of finances.

In Kenya right now, everyone is talking of savings as a financial virtue. But then, if we look at it critically, is it really worth it? The most common mode of saving cash is through bank accounts, most probably over time. After the Banking Act of 2016 was instituted, banks were forced to cap rates for loan interest and savings to a predetermined Central Bank rate. Right now banks pay interest on funds held at 6.95% per annum. Imagine if you are to invest in a plot somewhere the same amount….the returns would be much higher – averaging 20% per annum. Most unit trusts pay on average of 11% per annum on funds held. Actually, a known private equity firm that invests in real estate puts the return on investment at 24% on average, paying its investors a return pegged at 18%.

But then, why do many go to keep money in banks in the name of saving? This is the reason why i had to fall out with a proponent of a popular 52 week savings plan where members would tie down their money for a whole year, saving in a bank. That is lack of wisdom!

Come to think of it, this lack of intelligence transcends across the board even to governments. Take for instance an African country which i choose not to name that has rich deposits of mineral copper. It sold the mining rights of the mineral to a consotium of foreign companies for $25 Million. The fees was to be paid over a period of time. The company got to the ground, mined and started exporting the ore and earned in its first three months, revenues totalling $75 Million!

The problem is therefore not in having the ability to get wealthy per se, but in the application of wisdom required to convert the resources we have into sustainable wealth. For the average Kenyan, they lack intelligence to appreciate the power of numbers. That is why, it is a better option, thanks to waves and fads, to keep money in the bank oblivious of the relatively better earnings in investments and the power of inflation over time.

Methinks we just have to seriously rethink our priorities and options when it comes to money matters. There is a need for the common citizen to be taught financial intelligence so that they can best manage their money and earn from it.

This reminds me of the popular parable of the talents in the bible….when the time comes, will you be that good and faithful servant who ensured the few he had was more over time, or will you be the foolish one who kept his under the mattress and never made it grow?

Choose to be wise. Be financially intelligent!

The writer is the Founder & CEO of PBL Africa, a personal branding and entrepreneurship influencer.


How To Make Money (part 3)

So far, we have examined two ways through which people employ to generate income. Employment is a favourite among many, being the first option especially after completing education. Sadly, because of the comfort that comes with it, many stagnate there and die poor before attaining true financial freedom.

Secondly, for those that are skilled in a certain area, self employment is the most preferred way where they sell their services as income. In this, they are both the employee and the boss. In both of these, there is no leverage in whatever manner and income is largely dependent on personal effort. An example are consultants who sell services they are subject matter experts of.

The third alternative, which i intend to cover in this part, is being a business owner. A business owner is different from a self-employed person. They start an entrepreneurship in which they have employees. Business owners are bosses who employ others to create value for them. They employ other people’s time and effort to make money for them when they create value for their clients. They therefore leverage people and time to make money.

They put in place systems and structures that will guarantee returms for them and pay off labour that has been invested in the business. The business owner hence is not directly involved in generation of cash and hence earns cash passively.

Many entrepreneurs desire and look forward to grow to become true business owners because of the desire to be free and exercise control over others. It is a dream that with time, they would eventually be able to control their time and free up more for other stuff.

The other method, which is the last option is becoming an investor. In this case, money literally works for you. Money earned is put into an investment which generates returns over time. Deposit funds into banks and saccos, interest earning accounts, shares, trusts and bonds are examples of methods under this class of income generation. Almost all the wealthy people in the world are known to be investors and put in money in blue chip companies to earn dividends annually. The sole role the investor plays is to gauge where risks are minimal and they pump in their funds.

Maybe it is time to ask, in this matrix of money generation, where are you? In our next article, we will explore how best to shift from being an active income earner to being a passive one, where, rather than you work for money, you make money work for you to earn more! This is truly becoming financially free and intelligent.

See you soon in our last and final instalment…. Right here!


The author is a personal branding and business coach. He is an accomplished author and coach. He is also the founder of PBL Africa, a consultancy.
For more information on his work, check out his website as follows:

How To Make Money (Part 2)

self employed3

In our earlier post, on “How to Make Money”, we explored the most common method of generating incomes – employment. In as much as it is popular and easy to manoeuvre, it possesses a lot of demerits as far as sustainability and satisfaction is concerned.

This leads us to the next technique, what many refer to as being self-employed. Self-employment is the immediate most preferred method of cash generation especially for the skilled. In this case, the person in question has a profession and owns the job. An example is a doctor who is a medical professional and runs a clinic. Another example is a lawyer, who is skilled in his work and runs a practice from which he derives income.

self employed

The self-employed are those who do not like to depend on others for their incomes. Independence from being bossed is their main inspiration. They are people who have high standards and would almost always find it comfortable to venture out on their own.

Like the employees, the self-employed also earn a lot of cash. However, their earnings are directly proportional to their effort. Hence, it would not be hard to find most self-employed people working beyond normal hours just to ensure that they get enough cash to fulfill their needs and wants. They are therefore enslaved to their occupation in a way. Their incomes inflows stop when they stop working. Have you noticed when the lawyer or the street kiosk owner goes on vacation, the offices close? That is what we are talking about here.

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With time, much striving may result into burn out and hence, reduced productivity and reduced income cash flows. The income streams therefore are directly hinged to the productivity of the business owner. It therefore means that for one to earn they have to be active either as an employee or as a self-employed person. These two are called active income sources. Those operating under these two classes of earners majorly trade their time resource input for cash compensation or rewards.

To sustain a healthy cash flow, it therefore is recommended that one has to design a system that would ensure constant inflow of income regardless of the presence in person.

So how then can you intelligently work to earn cash that is sustainable?

Watch out for our part 3 of our series on “How To Make Money” that is will soon be uploaded.

See you then! J


Making money demystified….how do you ensure you create a sustainable and reliable cash flows? This article helps to demystify this….in a four part series. Keep it here!

Make money

Do you want to learn how to make money? I can hear a loud “Yeah” from where I am.

If there is something that excites people is how to make money. Many ways have been developed on how to generate income to fulfill man’s needs. Indeed, as the bible says, money is the solution to virtually all the problems.

The most common method that many people envisage to earn cash is through employment. Ask any graduate about what their main objective is for going to college and they would proudly state that they intend to get a job after studies. I reminisce during our college days, we would even state the minimum amount of salary expected on landing our first jobs. But alas, shock on us, most did not land any job. Worse off, most of us had to humble and start doing menial jobs, with the hope that our dedication would be appreciated and rise up the corporate ladder.

But why is employment so popular? The first is the sense of security that comes with it. The sense of having a payslip at the end of the month makes one to always look forward to month end to earn their keep. They therefore help the job owner to create value for their effort to be compensated.

The employee would be comfortable as long as they report at eight and leave at four in the evening. The perks that come with the job are a bonus to the salary that they would do anything to hold onto. The average employee would even go ahead and get a loan to purchase the latest fad for cars and clothes and a mortgage to boot!

How to make money 2

To earn more, the employee would work harder to have a salary raise, maybe if lucky, a bonus. And when the promotion finally comes, they would gladly welcome it. If they needed to retire early, they will have to really work hard to gain more. Most retire before they even attain half of their life’s objectives. The job, in as much as it is satisfying to a certain extent, is self-limiting in a way.

Is there another way to earn money? We will explore in the next segment of our blog series on “How to Make Money”. Keep it here for the second installment…. see you soon!

************End of Part 1***************************

The Author is a renowned personal branding and entrepreneurship coach, an accomplished business author and corporate trainer. Get to know more about him by visiting the PBL Africa website via

What’s Your One Thing? 😊

The story of David and Goliath presents a great inspiration to me ever since i was a kid. Todate, i still revisit it. Studying it always gives me a new angle to look at it and discover a new lead as to how David was able to fell a war giant hero.
Like his one stone, for instance. When he heard the for several days the army men of Israel could not confront the giant, he chose to approach him the best way he knew how-via a sling shot. To any ordinary man, it obviously was child play. But the mastery he had in using the sling to beat his enemies is what he anchored his faith on. To David, the slingshot was his one thing. It is this that made him a master shepherd and later on, got noticed by God to be chosen to lead the Children of God.
In Africa, the biggest challenge is unemployment. Africa churcns out millions of graduates annually but the available opportunities are not enough to satisfy the demand for jobs. The best alternative remains entrepreneurship. The high rate of failure of startups again, gives no justice to the youth. This leaves the youth in a precarious state that warrants them to turn to crime and other social ills to eke a living.
But then, we have to ask ourselves what is the root cause of all this? Why is it that Africa has become a fertile ground for sprouting of such ills as pyramid schemes and crime?
It boils down to one – most of us do not understamd our ‘one thing’. Your one thing is what you are good at. A skill that you can execute with least effort. I call it your passion. It is something that can make one wake up early, execute it for no pay and they will still be happy they did it for free!
Many of us do stuff because of external influences rather than inherent instinct. As such, when we allow the external to influence what we become, we hinder the discovery and development of self. As such, we grow up living lives that are not in congruence with our abilities. We were all created differently. As such, it behoves us to do a self review and discover what we were meant to be and live life as we were meant to.
David discovered his one thing was in herding his father’s flock. He later on became a successful King. Joseph discovered his one thing in intepreting dreams. It led him to be the leader of a super power then – Egypt. This position made him to apply his discerning gift aptly. Moses, he who led the nation of Israel fro captivity, had his one thing through his staff. Through it, he parted the Red Sea and defeated a super power. Through it, he created rivers from rocks in the desert. Through it, he led the people from captivity to a land flowing with milk and honey. It made him forget his limitations altogether and brought out his leadership qualities.

Just reflect-What is your one thing? What can you do with little effort? What is that one skill that you can execute without pay and you will be glad? What do people say you are good at? This is a pointer to the key that will unlock your dream, your destiny.
Well, what is your one thing? Discover it and harness it fully!

I am Michael Okinda. A personal branding and entrepreneurship influencer. I coach people and organizations to harness the power of passion for enhanced productivity at PBL Africa.

I wanted to Be a Pyramid Schemer and Why I need you to Reconsider!

I remember that Saturday afternoon. It was hot and the thought of making the road trip via PSV to Nairobi made me nauseate. Even more worse was the adjoining trip from Nairobi to Nakuru to go inspect a development project I was undertaking.


While I settled on my seat, a well-dressed lass with cropped hair sat beside me before the journey started. And then the banter began.

I learnt that it was her first time to come to my home town from Nairobi where she lived. She had come for a business meeting in one of the hotels in town where they were recruiting members. I prodded her to tell me more about the business.

So she went on and told me that all they do is recruit people who buy product bundles and by each new member she introduces, she earns a commission. At the end of the day, the more she recruited the more she earned.

So I asked her what principle the outfit works on. She said the product bundles are supposed to be sold and the seller earns a profit. I went on and challenged her to be selling the stuff rather than recruiting people. She kept quiet and went on to demonstrate how in a short while, she will be a millionaire, like a Nigerian and Ugandan fellow who inspired her to join. It looked like a great business idea until I reviewed the model of the business and weighed its pros and cons.


Well, unemployment is Africa’s biggest challenge and for a country as nascent as ours, it poses a huge threat to its economic and social survival. Most of the upheavals we observe in the country stems from lack of gainful employment more so among the youth.

So why was the offer attractive? Obviously the allure of quick returns in a short period of time. I could imagine recruiting two people every day and in a month, I would become an overnight millionaire! But then, how many of these schemers have become millionaires? Indeed, I have seen several flaunt wands of cash from car backseats and others, flaunting new cars. Nonetheless, how worthy is a car as an asset, taking into consideration its depreciation with time? Factor in maintenance costs and other operational expenses, and you will discover that flaunting a car as an achievement is lack of wisdom.

Well, I chose to look at this model from another angle – sustainability. An entrepreneurship survives by continuous provision of value. People products because they provide value for their cash. As long as the value proposition will exist, cash will flow. This is the reason why, Coca Cola, founded in 1896, is still operational and does business profitably. For a pyramid scheme, there is no distinct value being created. All the pyramid schemes operate a model of recruiting new members who sign up and pay a nominal fee that is used to reward their recruiters. For Aim Global, the signing up is via buying the product bundle. For Global Internet Fortunes, for instance, the cover up is purchase of a website. Ideally, these products are not useful in any way. The AIM Global products are overpriced and hence their uptake is impeded. Once you make a purchase, the probability of you reselling them is next to nil. And hence, the only way out to recoup your investment and earn from the scheme is via recruiting people under you. And the cycle goes on and on.


A point in time would reach when the scheme would saturate and there would be few recruitments done  to facilitate periodic payments to the people at the top. When such a point reaches, the entire outfit crumbles. Public Like is one instance of such a scheme that crumbled. Internet Marketing Africa reached its saturation point and collapsed, morphing into Social Biz Connect which, too, experienced the same fate as its predecessor to become Global Internet Fortunes.

Well, after due consideration, I would not wish to put my heard earned cash into such an amorphous scheme. They refer to such as investments, or jobs, but neither qualify. They are schemes, outfits. Would you rather join?


How To Overcome Failure

Michael The Passionpreneur 👌


How do you deal with failure in life, business or professional life?  Many of us would instinctively give up and focus their energies elsewhere. Failure is indeed a scary word to many.

We were having a tee-a-tete with fellow influencers on an upcoming engagement for the youth in various fields including entrepreneurship when we discovered that one denominator ran under us: we all had failed one time in our pursuit of success.

My fist time to organize an event for nascent entrepreneurs was the first time to experience failure first hand.  We did all the necessary preparations beforehand.  The event was also oversubscribed and we were confident that it would surpass our expectations by far. Come the training day and we went earlier to set up the venue and waited for our trainees. Half an hour into the scheduled time for starting, no one came! We consoled ourselves that maybe…

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