Podcasts · Financially Incorrect

How Kenya's Entertainment Pioneer Made Millions, Fell Into Debt & Rebuilt His Legacy | Fakii Liwali

· 2 h 25 min

Episode How Kenya's Entertainment Pioneer Made Millions, Fell Into Debt & Rebuilt His Legacy | Fakii Liwali

0:00 2:24:34

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

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