Most People Never Build Wealth Because They Keep Digging Up Their Seed.

本站添加: 2026-05-24

[00:00:10]Now, I want to quickly shift gears.

[00:00:14]For those who may have come in a bit later, my name is Joyce C Kenu and I'm part of the three MCs today that have been taking you through this program. So, I hope you're all doing well. Let me just have a status update. Are we Are we good? Can I see thumbs up thumbs up or even thumbs down? Just be honest. It's okay.

[00:00:32]So, we're good. Was the food great? Did we enjoy?

[00:00:36]All right. So, I want us to go to the next session and I'd like to introduce to you somebody who I think we we really admire, but I want you to I want to introduce him in a different way.

[00:00:56]So, building on the conversation around capital markets and execution, we now turn to a leader who is actively shaping how investment flows across this continent.

[00:01:13]Our next speaker is the managing director and founding CEO of Nab Capital Nab Capital and a seasoned investor with a clear conviction that investors cannot afford to ignore Africa.

[00:01:29]With over 15 years of experience investing across the continent, he has overseen transactions exceeding 500 million dollars and delivered investment returns of more than 82 million dollars.

[00:01:44]He led the successful spin-off of Nab Capital from Centum building it into a fully fledged investment boutique now managing over 200 million dollars in assets and enabling institutional investors across Europe, the US, Asia, and Africa to safeguard cure meaningful positions in leading companies on the continent. His experience spans equities, fixed income, private [music] debt, private equity, and real estate.

[00:02:16]Grounded in a strong on-the-ground understanding of African markets, he was part of the team behind Centum 2.0 strategy, which transformed a $60 million firm into a $1 billion investment platform. And fittingly, even his name reflects something of his work.

[00:02:37]Pius, from Latin, means dutiful and devoted.

[00:02:42]Mushiri, from Kikuyu, means one adept in logic and debate and guided by fairness.

[00:02:50]Then we have Mugo, which in the Kikuyu tradition is a healer, a prophet, one sought out for wisdom to understand what lies ahead and bring clarity where there is uncertainty. In his work, you see all three. You see discipline in stewardship, you see clarity in thinking and judgment, and foresight in where capital should go. He is a chartered financial analyst, a certified public accountant, a certified life coach, and a Toto fellow. Beyond the markets, he is a husband to Joyce and a father of five, and a man who sees investing not simply as a profession, but a calling to create impact. [music] Ladies and gentlemen, please join me in welcoming a PDI TKC family favorite, Mr. Pius Mushiri Mugo, giving his executive address on financial sustainability and billionaires execution habits. Thank you.

[00:03:54]Mhm. Joy, Joy.

[00:03:57]Joy, Joy, Joy.

[00:04:00]Thank you, Joy.

[00:04:01]I I have I have to admit, I I want to borrow that introduction. I have to >> [laughter] >> Oh.

[00:04:13]Thank you. Thank you. Thank you. Thank you.

[00:04:16]Wow.

[00:04:20]I learned another clap.

[00:04:22]A rich man's clap. Have you ever heard of a a rich man's clap?

[00:04:26]This is how it goes.

[00:04:27]Rich men, they clap with profoundness.

[00:04:31]Don't clap like this.

[00:04:33]They clap.

[00:04:44]I want us to do that clap for some very courageous souls here.

[00:04:48]The men that I have seen stand here.

[00:04:52]If you are a man, you've gone through this program, please stand up. We must give you a rich man's clap.

[00:05:10]Thank you. Thank you. We honor you. We honor you for choosing to be the only one if you have to be.

[00:05:20]For standing out.

[00:05:23]Uh Good evening Good Good afternoon, everyone. My brothers, my sisters, fellow brethren.

[00:05:33]I'm always very excited when I come here. I feel I'm amongst my family, my community.

[00:05:40]And also good to meet our guests, Dr. Michael and your wife.

[00:05:45]What an honor.

[00:05:47]Thank you for honoring the invitation to be the keynote speaker today.

[00:05:52]Thank you very much.

[00:05:53]Today I want to speak about one word.

[00:05:58]Tell your neighbor one word.

[00:06:01]And that word is multiply.

[00:06:04]Multiply.

[00:06:06]Not save.

[00:06:08]Not manage.

[00:06:09]Not survive.

[00:06:11]Multiply.

[00:06:14]Because what did God say from the very beginning?

[00:06:19]What did he say from the very beginning?

[00:06:21]Why he created us? To be fruitful and to multiply.

[00:06:26]So, when I meditate on that the scripture, that is Genesis 1:28, I realize something very profound.

[00:06:37]What it means is that multiplication is not an ambition.

[00:06:43]Tell your neighbor multiplication is not an ambition.

[00:06:48]It's a design.

[00:06:50]You are designed to multiply.

[00:06:54]You are designed to multiply.

[00:06:59]But let me begin with a question.

[00:07:03]If Kenyans can borrow 2.2 trillion shillings in 1 year, 2.2 trillion shillings. Oh, I see I see it's lower.

[00:07:15]With profoundness.

[00:07:19]Kenyans have borrowed 2.2 trillion shillings in 1 year.

[00:07:27]Yes, digitally.

[00:07:29]Through this.

[00:07:33]And some of them are seated here.

[00:07:37]But I'm not pointing fingers.

[00:07:43]If that is the case, then what is stopping Yeah? A thousand faith-filled men and a few faith-filled women and a few men that I've seen seen here to mobilize a billion shillings.

[00:08:04]What is stopping us?

[00:08:08]I'm convinced as I stand here it is not a money problem. Tell your neighbor it is not a money problem.

[00:08:16]It's a belief and a system problem.

[00:08:23]And today I want to give you that system.

[00:08:28]Jesus often taught in patterns.

[00:08:31]Seedtime and harvest time. If there's seedtime, there must be harvest time.

[00:08:39]And that harvest is also followed by a stewardship.

[00:08:44]Because he understood something.

[00:08:47]Everything that grows everything that grows, it follows a process.

[00:08:56]And the question is whether we are in the process. It's not a question of lack of money.

[00:09:02]Cuz we've proven we can mobilize 2.2 trillion differently, isn't it?

[00:09:08]In one year.

[00:09:11]And so does wealth.

[00:09:12]If you want wealth you must follow a process.

[00:09:18]I think my good friend there, is it Steve?

[00:09:22]Is he engineer?

[00:09:23]It's Steve. Sam. Sam. Sam said he's an engineer.

[00:09:28]He has a formula.

[00:09:30]And God is a design gives us um God has created us by design.

[00:09:37]And wealth must follow a process.

[00:09:41]So, I want to share what I consider to be three phases of kingdom wealth.

[00:09:47]Three phases of kingdom wealth.

[00:09:50]And the first one is capital mobilization.

[00:09:54]Capital mobilization.

[00:10:03]And many of us are actually in this phase of capital mobilization, but sometimes we get caught up in the other stages.

[00:10:12]But, let me not get let me not sidetrack myself.

[00:10:17]And what does this mean? It means gathering with discipline. Tell your neighbor, gathering with discipline.

[00:10:26]If you don't If you don't consider yourself to be wealthy, you're in a capital mobilization phase.

[00:10:33]And there is only one habit that you need to break into the next stage.

[00:10:40]A gathering discipline.

[00:10:44]Luke 16 verse 10 says, "He who is faithful in little is faithful also in in much."

[00:10:55]So, if Jesus was the one standing here in front of all of you, he would not begin with billions.

[00:11:03]He would begin with faithfulness.

[00:11:07]Are you faithful with the little that you have?

[00:11:14]Where do we go wrong?

[00:11:16]Or where are most of us going wrong?

[00:11:19]This is how most of us are thinking. We are waiting, and we are saying, "When I have more, I will."

[00:11:27]Others are saying, "When things are stable, I will I will.

[00:11:34]And others are saying when I feel ready I will.

[00:11:41]I will start gathering.

[00:11:44]Gathering is a question of faith.

[00:11:48]It's a question of discipline. It doesn't matter how much you have.

[00:11:53]Whatever you have, what do you have in your hands?

[00:11:55]Whatever you have in your hands is enough to start the journey.

[00:12:04]Have a guest here.

[00:12:11]Matthew 6:21 says, "Where your treasure is there your heart will be also."

[00:12:18]So, commitment comes before alignment.

[00:12:24]Tell your neighbor, "Commitment comes before alignment."

[00:12:29]A lot of us we think we think we become billionaires when we get better jobs.

[00:12:36]When we do when we some some other conditions uh play out.

[00:12:42]But, it starts with your commitment and discipline.

[00:12:47]We began this journey, Irene, 2020?

[00:12:53]2023 May.

[00:12:57]And uh we have had inflows of 600 620 million. First of all, let's clap ourselves. A rich man's club.

[00:13:15]We've done 62%.

[00:13:17]But, we can do better.

[00:13:19]And today, I want to challenge you. Why can't we do it in 1 year?

[00:13:25]Why can't we do mobilize 1 billion shillings in 1 year?

[00:13:33]The group that is sitting here is representing many others who are not here.

[00:13:39]And you have very able leadership. We can mobilize a thousand people, right?

[00:13:44]Even more.

[00:13:46]But let's work with a thousand.

[00:13:47]If we had a thousand people, how much money how much should each contribute to get to a billion?

[00:13:57]A million shilling.

[00:14:00]And some people say easier said than done.

[00:14:04]So, just follow me.

[00:14:07]A million shilling.

[00:14:10]In a year.

[00:14:13]A million shilling divided by by 12 months comes to what?

[00:14:18]83,000. The engineer is talking.

[00:14:22]He's my friend.

[00:14:25]Thank you, Sam.

[00:14:27]83,000.

[00:14:31]And I'm not saying that everybody here must be able to do 83,000 per month. I'm saying some will do more, others will do according to your faith.

[00:14:46]Just 83,000. Some people here I'm looking at them just the way they are dressed. I look at their their earrings.

[00:14:54]They already dressed 200,000.

[00:15:00]Now they are not looking at me.

[00:15:06]So, I see ability.

[00:15:11]I see capacity. I see enablement.

[00:15:14]We don't have We don't all of us have to do 83,000. Some can do 20 20,000.

[00:15:20]Others can do 200,000, even others can do a million, just a million.

[00:15:30]But all of us will have begun a journey to our first 1 million.

[00:15:35]So, we have to think deeply.

[00:15:42]We have to follow a process.

[00:15:45]And today we've just broken this down to an average of 83,000 shillings.

[00:15:50]So, the TKC model that I'm challenging you to have is some to carry more, others to carry less, but everyone must carry something consistently.

[00:16:04]Before you leave here, you must make a commitment not to anyone, but to yourself.

[00:16:12]I'm capable of five, so I will do my five.

[00:16:22]So, as kingdom finances, we commit before we feel ready.

[00:16:30]And I know I'm rushing some people, but we commit before we feel That's what faith is all about, isn't it, eh?

[00:16:36]We commit before you feel feel ready.

[00:16:39]We automate consistency, and then we build together.

[00:16:47]So, in conclusion of this first phase of uh growing kingdom wealth, I'm insisting what I've said is not about your ability.

[00:17:01]It's about agreement.

[00:17:03]Can we leave here with some form of agreement?

[00:17:07]That we are going to march to our 1 billion unwaveringly.

[00:17:14]The second phase is capital growth.

[00:17:17]After capital mobilization is capital capital growth.

[00:17:25]Mark 4 26 to 27.

[00:17:29]It says, and I'm just summarizing it, the seed grows though he does not know how.

[00:17:38]Joy, can you read for me the full Mark 6 Mark 4 Mark 4 26 to 27.

[00:17:49]You need my mic?

[00:18:02]I shall read from the NLT version and it says, "Jesus also said, 'The kingdom of God is like a farmer who scatters seed on the ground.

[00:18:13]Night and day, while he is asleep or awake, the seed sprouts and grows, but he does not understand how it happens.

[00:18:21]The earth produces the crops on its own.

[00:18:24]First, a leaf blade pushes through, then the heads of wheat are formed, and finally the grain ripens.'"

[00:18:33]Clap for her.

[00:18:37]Why have you changed? Yes.

[00:18:42]Well done. You guys are wonderful students.

[00:18:47]>> [snorts] >> The farmer You see, wealth is a process. Please tell your neighbor wealth is a process.

[00:18:56]You cannot go to capital growth without first of all going to capital mobiliza- mobilization. A seed must fall to the ground. You must deny yourself something. You must put something on the ground.

[00:19:12]But, this scripture gives us a very interesting thing. It says that it grows without even the farmer knowing.

[00:19:22]So, our work the only thing God is saying bring to me is just your seed. Put a seed down.

[00:19:29]Put your 83,000 a month down.

[00:19:32]Put your 1 million in 1 year down. Put your 1 shilling down. Put your $1 down.

[00:19:38]Put your 5,000 shillings down.

[00:19:41]Late put in my hands, I show you how I can grow it.

[00:19:49]And this is where most people fail.

[00:19:51]Not because they lack money, but because they lack patience.

[00:19:58]>> [clears throat] >> Out of that 620, how much do you have now?

[00:20:07]>> [cough and clears throat] >> Out of the 620 that we've mobilized as TKC, what is remaining is 153 million.

[00:20:25]So, most of it has Most of it has left, isn't it, huh?

[00:20:30]And this is what I'm saying here.

[00:20:32]Most people fail here.

[00:20:35]They never allowed their seed to grow.

[00:20:39]It's because of lack of patience.

[00:20:42]But, allow me to take you on a on a journey of imagination.

[00:20:52]If we put that if by the end of 2026, we have a billion shilling, all of us.

[00:20:59]And we put it in a place in an in a product. This is where Mercy and I come in.

[00:21:05]Where it will earn between 12 and 13%.

[00:21:09]And we will not ask anybody to put any even one single coin thereafter.

[00:21:16]What will What will it be 20 years from today?

[00:21:20]Do you want to know?

[00:21:22]It will be 9.6 billion shillings at 12%.

[00:21:29]And if we go to 13, which I'm just talking about very easily achievable targets, it will be 11.5 billion shillings.

[00:21:42]That is big enough and comparable to some of the companies that you see around here.

[00:21:51]2008, Centum, I was working in Centum.

[00:21:56]The entire company, after being in operation for 40 years, was worth uh 6 billion shillings.

[00:22:05]6 billion.

[00:22:06]Today, it's over 50 billion shillings.

[00:22:11]But our seed then was 6 billion. We will be bigger than Centum 20 years from today without you adding any one shilling after you hit your 1 million.

[00:22:22]11.5 billion.

[00:22:31]And Mercy and I will work very hard to make sure that we make we get that one extra 1% because it makes a big difference.

[00:22:39]It's a 2 billion difference between 12% and 13%.

[00:22:51]So, I'm speaking to you, my fellow kingdom wealth builders.

[00:22:59]Some of the habits we must we must exhibit is we must trust time.

[00:23:05]Cuz time is in the hands of God.

[00:23:08]You must put down your seed and then trust God with the time.

[00:23:13]Number two, you must not interrupt compounding.

[00:23:19]One receive 620, you remain with 153, we've interrupted compounding.

[00:23:31]And number three, we must pursue excellence in stewardship.

[00:23:37]So, we are putting the barrier very low.

[00:23:41]Just mobilize 1 million and never put more for now.

[00:23:46]If we put more, it's in another project.

[00:23:48]Right now, we're on a 1 billion uh target.

[00:23:59]Joy, today you're my co-speaker. Can you read for me Mark 4:28?

[00:24:10]You see, you introduced me so well, now I don't want you to go.

[00:24:17]Mark chapter 4 verse 28 says, "The earth produces the crops on its own. First, a leaf blade pushes through, then the heads of wheat are formed, and finally the grain ripens."

[00:24:32]Thank you.

[00:24:33]The earth produces by itself, isn't it?

[00:24:36]So, just let it be. Put it down, put your seed, and let see what nature will do with it.

[00:24:46]The greatest threat to your wealth is not the market.

[00:24:49]It is impatience.

[00:24:54]If you're going to be looking at, you know, your statements every week every month you will have so many highs and lows, so many highs and lows and at some point your heart will not be able to take it.

[00:25:12]But over a long period of time you see the trajectory.

[00:25:18]To Safaricom it was floated in 2007 2007 five shillings per share, five.

[00:25:28]So, to buy a million shares of Safaricom, you only needed how much?

[00:25:32]5 million.

[00:25:35]5 million.

[00:25:37]Today, Safaricom is just around 30 shillings.

[00:25:42]So, if you had a million shares just 19 years back backwards that million share would be worth how much?

[00:25:53]30 million shillings.

[00:25:55]Not counting the dividends.

[00:25:57]From 5 million to 19 to 30 million.

[00:26:02]The dividend per share is at least one shilling today.

[00:26:06]Then, when we started it was 10 cents, one shilling. So, every year you would be getting a million shilling without selling even one share.

[00:26:15]So, over the last five years you would have recovered all the money that you put in just through what?

[00:26:22]Through dividend.

[00:26:24]But there's somebody who bought in 2007 and sold it in 2010 and they have lost they left money on the table.

[00:26:36]I can tell you story after story. Equity Bank they just reported 75 billion shillings in profit.

[00:26:47]So the greatest threat to your wealth is not the market.

[00:26:53]It is your impatience.

[00:26:57]To end the day I'm going to see the end.

[00:27:02]The third one.

[00:27:05]Capital deployment.

[00:27:08]Capital deployment.

[00:27:12]Just imagine go or rather just imagine 20 years from today if all of us we have 11.5 billion shillings in our hands.

[00:27:22]What would that do?

[00:27:24]What What can't we do together? There is no prime real estate in the CBD that would come uh up for for for sale and we will not be on the table negotiating for it.

[00:27:39]True or not?

[00:27:43]Isn't it eh?

[00:27:45]Anybody who is doing anything meaningful would have to speak to us because we'll be one of the owners of big pools of capital in the city.

[00:27:53]We'll not be the biggest but we'll be on the table.

[00:28:01]Thank you.

[00:28:03]That's a rich man's club.

[00:28:09]Proverbs 13:22 it says a good man does what?

[00:28:16]A good man does what?

[00:28:18]Leaves an inheritance to his children.

[00:28:22]No, to his children.

[00:28:25]To his children's children, isn't it?

[00:28:27]So, we are basically saying eh just 1 million a thousand of us and I don't put any other coin.

[00:28:38]I can be part of a group that put together 11.5 billion and I can send it forward 20 years from today and my children my children's children can be on the table of capital owners in the city.

[00:28:53]Paying forward.

[00:29:05]And this is where also I want to clarify because we tend to hear people saying invest, invest, invest. But when will you enjoy?

[00:29:14]When will you enjoy? And this third part deploying is about being able to meet the purpose. So, we are not just putting a billion shilling just to say we own a billion shillings.

[00:29:28]We have an agenda.

[00:29:30]And the agenda is that 11 20 years from today with only 1 million you can be seated at the table, your children's children can be seated at the at a table that you and I would never be able to sit in the current situation.

[00:29:47]So, if all you do is gather and grow but never deploy with purpose, you have missed the assignment.

[00:29:55]Because at the end of the day, it's not about the money in the bank.

[00:29:59]It's not about the money in the in Apple Capital. No, no, no. It's not about the 11.5 billion. It's what do we do with the 11.5 billion that changes what?

[00:30:10]Lives.

[00:30:17]So, what what would we unlock for the next generation if we had 11 to 10 to 11 billion shillings?

[00:30:28]That 10 to 11 billion shillings will not just be money.

[00:30:31]It will be a system.

[00:30:33]I remember the late Dr. Chris Kirubi was telling me a story. The day he bought uh International House.

[00:30:43]And it was through, you know, collaboration with other people.

[00:30:48]Because he couldn't do it by himself.

[00:30:50]The day everybody knew that he had bought that building, there was no deal that was going down in the city that without being it being shown to him.

[00:31:02]So, you will you will open doors to a generation. So, think let's think about ourselves. What would happen? Number number one, I think would grant our children, next generation, I'm getting cute. I'm I'm getting beyond my time.

[00:31:25]Is education freedom. We can afford our children education freedom.

[00:31:31]No child of any of us would struggle with school fees.

[00:31:37]None of us. Scholarships and global exposure would just be part of the system.

[00:31:45]Number two is the business capital engine. We'll create a business capital engine for the next generation.

[00:31:55]This fund, a portion of it will be funding entrepreneurs, will be creating businesses, will be building industries.

[00:32:06]And number three, would also ensure economic security for ourselves.

[00:32:14]Healthcare support for ourselves.

[00:32:18]Retirement dignity for ourselves.

[00:32:22]And also, would protect ourselves against any crisis.

[00:32:29]So, I want to say to all of you, I'm not here to tell you to build wealth.

[00:32:38]I'm here to tell you, let's build freedom together.

[00:32:43]Let's build freedom.

[00:32:45]So, what must you do today?

[00:32:49]You must start immediately.

[00:32:52]Whatever you have in your hands is enough today.

[00:32:56]Number two, you must grow.

[00:32:59]Whatever you're doing, if you start with 5,000, commit to also growing it over time, gradually.

[00:33:07]Number three, please invite others.

[00:33:10]Don't leave. Don't hold this just to yourself. Invite others.

[00:33:16]We want to be a thousand strong in TKC.

[00:33:23]So, if this room agreed today, 1 billion would not take us years.

[00:33:29]It would take just conviction today.

[00:33:34]Jesus never measured success by accumulation. He measured by faithfulness and multiplication.

[00:33:42]And that's what we are called to do.

[00:33:44]And one day, your children, my children, your children's children, my children's children, we live in a world shaped by what we choose today.

[00:33:57]You are not called to survive on what God has given you.

[00:34:02]You are called to multiply it.

[00:34:04]Thank you very much.

[00:34:06]>> [music]