AMOS WEKESA: Focus on creating cashflow before building a house

Amos Masaba Wekesa, is a businessman, entrepreneur and corporate executive in Uganda, who is the founder, proprietor and managing director of Great Lakes Safaris Limited, a tour operating company, in the African Great Lakes region

Amos Masaba Wekesa, is a businessman, entrepreneur and corporate executive in Uganda, who is the founder, proprietor and managing director of Great Lakes Safaris Limited, a tour operating company, in the African Great Lakes region

Tourism enthusiastic and businessman Amos Wekesa has an important message here for the general public.

Posting on his social media platforms, the Ugandan hotelier and tourism promoter advised people to first create cash flow before thinking of building a house.

He said if you have firm businesses and Investments then you can think of building a house. At that stage, he said it will be sustainable.

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Focus on creating cashflows first from businesses and investments before taking on the responsibility of constructing a house.

Don’t be pushed by what society (same society who are struggling financially) think is the right way, ie when you start making money (usually salary), buy land and construct.

This societal pressure has put many people in difficult financial and stress positions like loan defaulting, unfinished houses, loss of properties, unhappiness etc.

The best way to construct a family house is using cashflows – not salary. With exception of those who earn huge paychecks and have job security.

But if your like many of us out there, struggling to save from salary, not sure if you’ll have your job next month or year, to buy land you need years savings, then that advise is a trap.

Start thinking of how you can create cash flows…
before taking on responsibility of constructing a sleeping house. There are many ways one can create additional income without much time or knowledge.

I realized from my tweets quite a number of people paid attention on the family home I completed.

Guys, I will be turning 49 years this year and I have been running a business or businesses which turn 21in April 2022.

Of course I have aspirations which I haven’t handled yet and I can’t wait God willing to achieve those aspirations.

I have been in tourism for close to 25yrs from a sweeper to a team leader Safaris Uganda and Uganda Lodges plus a few other stuff outside tourism.

A personal home or house according to me who has a lot of experience isn’t a big achievement reason it has come many years after working and building a business or businesses for many years.

Let me give you an example, many guys many years ago shared houses and land in Kololo and Nakasero out of excitement. Many years down the line, it’s the people with cash flows who bought them out.

They couldn’t maintain or even look after them. The people that chose to build cashflows over many years, simply walked into banks and bought out those who valued the wrong things. I know a businessman who owns over 30 plots in Kololo and when he told me the stories about how he bought out former owners, I couldn’t believe.

I know we have been told to go to school for a degree or degrees, look for a job thereafter, build a house and marry and then wait until you die. It’s one of the reasons we Ugandans (Africans) havent aspired to own banks five star hotels, Telecommunication and construction companies, energy companies etc.

It’s very easy to achieve what society expects of us. Study hard, get a job, build a house, marry and die.

Most people attain that quickily and then create a new list basics like driving latest number plate, drinking every night, accumulating shoes, suits, handbags, latest phones etc. They get so angry if you told them there is more to life than that the family generally speaking was very excited about the new home and I remember driving my wife and daughter to the house one evening and my daughter hugged me so tightly and said dad, thank you so much.

We can see your efforts close to us and yes, I felt a little sad and apologized for taking so long to build a house for them. My daughter quickly said, you would have probably not built one like this and I agreed with her.

I only felt guilty because of what my wife and daughter expressed.

My dream house as a person is a 2 bedroomed house facing the Nile in Jinja if God gives me life. Many years ago, I bought the location and it was ushs 800k per acre and we have planted many fruiting trees.

The house was been in a way that it can be transformed into an Airbed and breakfast.

The compound has seven self contained bedrooms which could host tourists at a cost in future for the retired me God willing. Since I know how to position businesses like that, this can’t be a problem.

I will write about the 10 months it took to build this but I must appreciate the fact that my wife and daughter pushed me into doing this at the beginning of 2019.

Told them design a house you want, I will build it for you.

And I introduced the architect they worked with.

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