8 SECRETS TO BECOMING A MULTI-MILLIONAIRE!

- Mark Maish

1 of 14

http://markmaish.com/2014/01/09/8-secrets-to-becoming-a-multi-milli...

Mark Maish
Lifestyle, Mantalk & Relationships

8 SECRETS TO BECOMING A MULTI-MILLIONAIRE!

Posted by MarkMaish

Mr. Charles Njiru

Earlier today, I met Mr. Charles Njiru a.k.a. Mkombozi, a multi-millionaire industrialist based in Mwea, Kenya. Mr.
Njiru owns the largest privately owned rice processing factory in Africa, Nice Rice Millers, valued at Ksh. 300
million. He also owns a supermarket in Embu and has vast interests in the hotel, transport and agro-chemicals
sectors.
He was awarded state commendation in 2011 by the former president, Mwai Kibaki, for his massive contribution
in uplifting the living standards of rice farmers in the expansive Mwea irrigation scheme. When I inquired about
the secret behind acquiring such wealth, he gave me a list of the 8 secrets to becoming a multi-millionaire.
1)

Start now

According to Mr. Njiru, the best time to start working on your business idea is now! Most people remain poor due

2015/12/08 11:31 AM

8 SECRETS TO BECOMING A MULTI-MILLIONAIRE! - Mark Maish

2 of 14

http://markmaish.com/2014/01/09/8-secrets-to-becoming-a-multi-milli...

to procrastination. Letting opportunities pass as you await the perfect time to invest is the surest way of not
becoming a multi-millionaire. He asserts, Lack of capital should never be a barrier! If you have a viable
business idea, write a business plan. Thereafter seek funds from financial institutions, venture capitalists,
mentors, family and friends. Any shrewd entrepreneur is bound to see the potential of your idea and give you
some seed capital.
In the event that no financial help is forthcoming, start small with your little savings. Work hard to ensure you
offer services and products superior to what is on the market, maintain good relations with your customers and
suppliers then plough back your profits to increase stock and expand your market. Mr. Njiru began his vast
business empire with Ksh. 2500 and loan of Ksh. 500 from an uncle.

2)

Engage in social enterprise

Social enterprises are firms that apply commercial strategies to maximize improvements in human and
environmental well-being rather than maximizing profits for external shareholders. Write down a list of all the
problems faced by people around your area and subsequently work on finding solutions to those problems. Let
the main objective of your business be making your clients lives better so that the idea of not using your
products becomes seemingly impossible for them.
In the Mwea Irrigation Scheme, famers would wait up to 3 months before having their harvest processed by the
overwhelmed government-owned factory. Being an astute entrepreneur, he promptly converted the beer factory
he owned to a rice processing factory. When operating at full capacity, the factory processes 150 tons a day,
greatly cutting the time farmers used to take before waiting to polish their rice. Notwithstanding this, his plant
processes a kilo of rice for Ksh 3 only. It also offers free storage for the rice, transports the farmers to their
homes in company buses and even advertises the farmers produce all over the country absolutely free!

2015/12/08 11:31 AM

8 SECRETS TO BECOMING A MULTI-MILLIONAIRE! - Mark Maish

3 of 14

http://markmaish.com/2014/01/09/8-secrets-to-becoming-a-multi-milli...

Mr. Njiru at Nice Rice Millers

3)

Take calculated risks and persevere

Business is not for the faint hearted! quips Mr. Njiru. Dont let past misfortunes discourage you from investing
in future endeavors. Learn from your past mistakes and make better financial decisions. When you have a
business idea, seek the advice of gurus in that industry to avoid falling into common pitfalls, learn how things
work and how to maximize profits while at the same time remaining competitive.
Drawing from his own personal experience, Mr. Njiru made losses to the tune of millions in a number of
businesses even after careful planning, but that never dampened his entrepreneurial spirit. Believe in your
abilities and pursue your dreams even when those around you think its impossible. He attributes his success to
taking calculated risks and perseverance.

4)

Education

Though he never got a chance to be admitted to a university, Mr. Njiru is very passionate about education
resonated by his zeal to ensure all his 3 children acquire at least a masters degree. However, he faults the
mentality held by many who amass impressive academic papers so that they can seek employment. He is of the
opinion people should acquire formal education and afterwards supplement it with street smarts to develop life
transforming business ideas. Thats how our country can achieve double digit economy growth and reduce
unemployment levels.
He urges young entrepreneurs pursuing technical disciplines like engineering to also do business-related
courses in order to effectively manage their start-ups. Students should also complement theory learnt in class
with hands-on experience to effectively compete with their counterparts in developed nations.

2015/12/08 11:31 AM

8 SECRETS TO BECOMING A MULTI-MILLIONAIRE! - Mark Maish

4 of 14

5)

http://markmaish.com/2014/01/09/8-secrets-to-becoming-a-multi-milli...

Continuously seek motivation and mentorship

He blames the exponential increase of drug abuse, unemployment and disillusionment among the youth to lack
of motivation and mentorship. You need to hang out with multi- millionaires to become one! he declares. Make
an effort to attend talks and seminars held on campus hosting prolific individuals and get to hear their success
stories he adds. He explains that when you are continuously motivated by those who have faced greater hurdles
and managed to surmount them all to achieve greatness, you become encouraged to pursue your dreams and
also become successful.
You should also read motivational books by prosperous business people, especially Beyond Expectations:
from charcoal to gold, a biography of the late tycoon Njenga Karume. Apart from motivation he advises the
youth to identify people they admire and seek to be their protgs.

2015/12/08 11:31 AM

8 SECRETS TO BECOMING A MULTI-MILLIONAIRE! - Mark Maish

5 of 14

6)

http://markmaish.com/2014/01/09/8-secrets-to-becoming-a-multi-milli...

Rise above mediocrity and average mentality

In order to grow your ideas into a viable business empire, there is need to engage in high level thinking. View life
in 3-Dimensions, exploring every possibility before making a major step. Talk to experts and learn about future
trends in the sector of your interest regarding to government legislation, market forces and the ever changing
technology. This will help you be adequately prepared for any eventualities.
There is also need to think big. Rise above average mentality by pursuing bigger dreams and not subscribing to
limiting ideologies. He also dismissed the fallacy that in order to be a multi-millionaire one has to hold a powerful
government position and embezzle taxpayers money. He advises the youth to desist from engaging in
destructive habits and spending money on non-essentials.
7)

Do not look down upon any job

He observes that most young people hold this misconception that blue collar jobs are for the least educated. He
affirms that we the youth fail to break into the multi-millionaires club by letting hype guide us in choosing careers.
Being young and with relatively fewer dependants should entice us to move away from the stable 8-5pm jobs
and pursue high risk high returns opportunities like stocks. Blue collar jobs are the new cash cows since there
are fewer players in the market. Go wherever there is a coin to be made even in the trenches and thats how you
become a multi-millionaire!

2015/12/08 11:31 AM

8 SECRETS TO BECOMING A MULTI-MILLIONAIRE! - Mark Maish

6 of 14

8)

http://markmaish.com/2014/01/09/8-secrets-to-becoming-a-multi-milli...

Grow your network

In the 21st century success of any business depends on 70% network and only 30% competence. Make as many
friends as you can, from top government officials to your annoying neighbor and the shoe shiner on the streets.
You will need them to get new clients, expedite processes and get a wind of new lucrative deals before your
business rivals do. Its always easier to deal with a friend compared to a stranger
He also advises upcoming entrepreneurs to cultivate stronger network bonds by genuinely caring about friends
welfare, go out of your their way to bail a friend out when in trouble. By doing people favors, you make them feel
obligated to help you out whenever you are in need of something within their control.
I must admit, upon realizing Mr. Charles Njirus list, I was compelled to put in motion the business idea Ive been
harboring for some time now. Please share the 8 secrets to becoming a multi-millionaire with your friends to
help them reach financial nirvana.
By Mark Maina

Related

HOW I MADE 7 MILLION IN 7

DAYs

Tom Kirkwood, CEO Africa

Insight Ltd and Westgate Mall
Attack Hero

My Encounter With The Night

Warden

2015/12/08 11:31 AM

8 SECRETS TO BECOMING A MULTI-MILLIONAIRE! - Mark Maish

7 of 14

http://markmaish.com/2014/01/09/8-secrets-to-becoming-a-multi-milli...

January 9, 2014

38 Replies

Previous

Next

Leave a Reply
Your email address will not be published. Required fields are marked *

Name

Email

Website

Comment

Notify me of follow-up comments by email.

Notify me of new posts by email.

Edd on January 9, 2014 at 12:20 am

have you decided which business you venturing into

Reply

Mark Maina on January 9, 2014 at 12:26 am

yeah! Im in the process of registering a company

2015/12/08 11:31 AM

8 SECRETS TO BECOMING A MULTI-MILLIONAIRE! - Mark Maish

8 of 14

http://markmaish.com/2014/01/09/8-secrets-to-becoming-a-multi-milli...

Reply

martin on January 29, 2014 at 8:02 pm

wanna be part of itama?

Reply

Odipo on January 9, 2014 at 2:17 pm

Nice Piece Mark. Very Informative.

Reply

robert muita on January 10, 2014 at 10:56 am

informative.
Reply

Davine on January 11, 2014 at 8:29 am

I really like your piece its more incisive; i have thought of establishing an internet web based business
since it only entails little capital in setting up but great interllectual capacity hope your piece will greatly go
at motivating me..
Reply

Mark Maina on January 11, 2014 at 11:30 am

You can achieve absolutely anything! if there is anything I can do to help you, let me know.
Reply

Boniface on January 15, 2014 at 6:17 am

great piece!
Reply

Lynn on February 1, 2014 at 12:05 pm

Very informative now am all fired up n ready to go thanks for this piece
Reply

techwriterpro on February 1, 2014 at 12:16 pm

Good stuff

2015/12/08 11:31 AM

8 SECRETS TO BECOMING A MULTI-MILLIONAIRE! - Mark Maish

9 of 14

http://markmaish.com/2014/01/09/8-secrets-to-becoming-a-multi-milli...

Reply

Wairimumuchau on February 17, 2014 at 11:59 am

What caught me is that you started writting a few months ago.. and I asked my self what have i started /
done/ from a few months agopondering this one seriously..
Reply

Allan Mbuba on February 17, 2014 at 3:18 pm

great work.Thanks Mr.Maina am out of that sack.

Reply

Mark Maina on February 17, 2014 at 7:54 pm

You are most welcome Mr. Allan

Reply

Mark Maina on February 17, 2014 at 7:44 pm

Apparently, 5 months ago, I was exactly where you are right now!simply re-evaluate your priorities &
strategies on how to accomplish your dreams.
Reply

virginiah njuguna on March 10, 2014 at 10:21 am

awesome stuff.am xo inspired.keep up wid de same spirit.hav jst started a bsns dts nt doin xo well bt i
trust dings will gt better.
Reply

2015/12/08 11:31 AM

8 SECRETS TO BECOMING A MULTI-MILLIONAIRE! - Mark Maish

10 of 14

http://markmaish.com/2014/01/09/8-secrets-to-becoming-a-multi-milli...

Eve Kihara on May 16, 2014 at 1:20 pm

So breathtaking and you just nailed it. As young people we should endorse the Multi millionaire attitude to
make it in the world of Business. I have been reading your writings for two months now i can attest you
are talented. This piece is so informative. Kudos My Guy! Fro Business plans i can Help you design
One.
Reply

Mark Maina on May 16, 2014 at 2:34 pm

Thank you Eve, Im greatly humbled! perfect timing, I need to come up with a 2-year strategic plan,
can you help me with that?
Reply

wilson on June 17, 2014 at 8:01 am

Send me more of this articles. They are really motivating

Reply

Robert Njue on July 13, 2014 at 9:47 am

wow, thanks for that information. It has uplifted my spirit.

Reply

Mark Maina on July 14, 2014 at 4:47 pm

Im glad youve been inspired

Reply

rosemary on August 7, 2014 at 10:28 pm

very insightful business information mr njiru. keep on posting more articles

Reply

Mark Maina on August 12, 2014 at 7:57 am

thanks rosemary!
Reply

Pauline on August 11, 2014 at 1:21 pm

Quite an eye opener..

2015/12/08 11:31 AM

8 SECRETS TO BECOMING A MULTI-MILLIONAIRE! - Mark Maish

11 of 14

http://markmaish.com/2014/01/09/8-secrets-to-becoming-a-multi-milli...

Reply

Mark Maina on August 12, 2014 at 7:59 am

thanks!
Reply

Jacob Kinyua Ngoroi on October 14, 2014 at 8:59 am

Am really moved by ur inspirational.am out of with a diploma in mechanical eng and wishes to start a bs
too.but am really wid nothin to make thz dream a reality.kindly offer me a job in your company.thenx
Reply

Mark Maina on October 21, 2014 at 1:06 pm

unfortunately we took a break so we can work on something else. I will hit you up soonest we
resume. meanwhile you can search for other gigs. dont turn down any opportunity however little the
pay is
Reply

Pingback: THE KENYAs MIDDLE-CLASS NIGHTMARE! | Mark Maish

eddy on May 27, 2015 at 1:00 am

great article.
Reply

Cathy on May 27, 2015 at 2:18 pm

Good piece
Reply

John Githinji on May 27, 2015 at 4:19 pm

Vry educative!
Reply

Sylvester Otieno on May 29, 2015 at 2:40 pm

Quite an eye opener. Thanks Mr. Maina!

Reply

2015/12/08 11:31 AM

8 SECRETS TO BECOMING A MULTI-MILLIONAIRE! - Mark Maish

12 of 14

http://markmaish.com/2014/01/09/8-secrets-to-becoming-a-multi-milli...

Mike Mwangi on June 11, 2015 at 5:45 pm

Nice article Maina, especially for people who just cleared campus. Keep it up
Reply

Shadrack Okal on June 18, 2015 at 5:40 pm

A good article Mark

believe my plan will work soon
Reply

Pingback: Tom Kirkwood, CEO Africa Insight Ltd and Westgate Mall Attack Hero - Mark Maish

Mxolisi on August 6, 2015 at 7:02 pm

I want job that can uplift me to become a multi-millionaire too

Reply

Stella on August 10, 2015 at 12:58 pm

Great advice
Reply

Laban Maloi on August 20, 2015 at 9:48 am

A great piece there Mark. You never dissapoint! I too have a dream of becoming a multimillionare.. I have
a registered company though currently its a start up. I am sure it will grow into a multi million venture one
day through hard work.
Mark, what does your company deal with?
Reply

MarkMaish on August 20, 2015 at 11:02 am

Thanks Laban. Basically it was a construction company. I completed my first contract then it hit a
major hurdle so I grounded its operations for a while. Good news is Im now working on other
ventures in import business & media.
Reply

Follow Mark Maish on Twitter

2015/12/08 11:31 AM

8 SECRETS TO BECOMING A MULTI-MILLIONAIRE! - Mark Maish

13 of 14

http://markmaish.com/2014/01/09/8-secrets-to-becoming-a-multi-milli...

Tweets

Follow

mumbie mutoko @MumbiMutoko

15h
#vocalnation right now with #teammu in the building @lyn_msoh
@DjBigmyk and our producer @markmaish @NationFMKe
Retweeted by Mark Maish
Expand

Tweet to @markmaish

Mark Maish

Be the first of your friends to like this

Latest Posts
Mens Guide to Losing Weight
Picking an Engagement Ring She Will Love
5 Cool Image Makeover Ideas
Signs She Wants to Get Back to Your Life
5 Must-Have Items For Men

Recent Comments
TruthBeTold on THE KENYAs MIDDLE-CLASS NIGHTMARE!
Nuriya Girma on THE KENYAN QUARTER LIFE CRISIS
john Alex on HOW I MADE 7 MILLION IN 7 DAYs
Kioko Kivesi on THE KENYAs MIDDLE-CLASS NIGHTMARE!
MWANGAZA KITABU on THE KENYAs MIDDLE-CLASS NIGHTMARE!

Top Posts & Pages

8 SECRETS TO BECOMING A MULTI-MILLIONAIRE!
THE KENYA's MIDDLE-CLASS NIGHTMARE!
9 SIGNS A LADY REALLY LIKES YOU
AN OPEN LETTER TO MY IRRESPONSIBLE AND ABSENTEE FATHER!
Men's Guide to Losing Weight

2015/12/08 11:31 AM

8 SECRETS TO BECOMING A MULTI-MILLIONAIRE! - Mark Maish

14 of 14

http://markmaish.com/2014/01/09/8-secrets-to-becoming-a-multi-milli...

View Full Site

Proudly powered by WordPress

2015/12/08 11:31 AM