InsiderFlix

"I'm a Millionaire": A Kenyan Perspective (3 minute read)

A good man leaves an inheritance for his children's children. This timeless wisdom should be our guiding principle as we navigate the complex world of finance. Today, we delve into the journey of creating, growing, and becoming someone influential in the financial realm, with insights from the esteemed author, Rina Hicks.

The Power of Financial Understanding (2 minute read)

Dr. King'ori, highlights the importance of financial literacy and the impact of having knowledgeable mentors like Rina Hicks. "She understands money at a policy level and connects with people on a personal level," says Dr. King'ori.

Investment Banking vs. Venture Capitalism (5 minute read)

Rina Hicks draws a clear line between investment banking and venture capitalism. "Investment banks help companies find synergies and structure financial instruments to raise capital," she explains. These instruments include bonds, commercial paper, or shares, linking investors to viable business opportunities.

In contrast, venture capitalists seek early-stage companies with high growth potential. They invest in these businesses, offering mentorship and support to ensure growth and profitability within a few years.

From Mentorship to Mastery (2 minute read)

Rina Hicks emphasizes that financial success often stems from mentorship rather than mere exposure to wealth. "Seeing clients with nothing but a desire and goal, and walking the journey with them, witnessing their amazing achievements, is truly transformative," she says.

Connecting Investors and Opportunities (2 minute read)

Investment banks play a crucial role in linking investors to opportunities. They assess, value, and present viable business ideas to potential investors. This rigorous evaluation ensures that only sound business opportunities are pursued.

Life Expectancy in Kenya (3 minute read)

The average life expectancy in Kenya has significantly improved over the years. Historically, the life expectancy was around 48 years, but recent statistics show that it has risen to about 67 years for men and 70 years for women. This increase is due to better healthcare, improved living conditions, and advancements in medical technology.

Saving for the Future (2 minute read)

Many Kenyans aren't saving enough for retirement. With people living longer, it's crucial to plan ahead. Imagine working for 40 years and needing to finance another 30 years from those savings. Starting early, even with small amounts, and being consistent can make a big difference.

Gen Z and the Future (2 minute read)

There's a noticeable trend among Gen Z, who seem to have an aversion to growing old. However, changing this mindset is crucial. By understanding that tomorrow is not promised but planning for it, they can secure their financial future.

Experience as an Analyst (3 minute read)

“….So I was I was an analyst as an analyst at that time. I used to analyze stocks and give advice on what companies people should invest in. You used to give advice? Advice, Kabisa. And the advice used to work for people?…Yeah. But you had never applied that to you?… No. I had, but I'd buy, then I sell, then I use the money. So I was not growing…”Rina Hicks.

Principles and Discipline (3 minute read)

The principles and discipline developed over 9 years are invaluable. They ensure that even if given a large sum of money, the disciplined individual can grow it further. Meanwhile, someone without these principles might quickly deplete their funds.

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