Plan 23: Introduction

To all people with a Wealth-Building mindset, this is to introduce to you Plan 23. I am Joseph Ssekadda (Oba Uncle Jo as commonly known on TikTok).

“Listen To This In Luganda”
Reminder:

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But, What’s Plan 23?

Plan 23 is a plan to establish a Public Limited Company By Shares. This type of a company is one where the Company and all its Assets are fully owned by the members of that company based on their number of shares each member holds in it. For that reason, we already started contributing at least 335/- per day (about 10,000- per month) or more if on has capacity to invest more that just 10k.

Every member’s contribution is regularly converted into shares (See Formulae Used) and the more a member contributes, the more their shares grow, the more they’ll benefit in times of sharing if any profit is made.

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The Motive Of this company

Why are we Saving?

We want every member to keep on saving the 10k or more on a monthly basis into a Corporate Bank Account (already opened in Stanbic Bank) until this money accumulates.

Afterwards, What’s It’s Purpose?

When this money reaches a reasonable amount, shall be invested in Profit-Making Business Activities as this Plan 23 guides mostly, the long term business activities.

Administration

Currently, the organization has not more than 10 members where I and Jackie Beatrice are the signatories on the Bank Account but as soon as we increase in numbers, we shall elect qualifying members on board.

Although we have already started collecting money for this mission, I will not solely invest your money until we have elected the Board Of Directors. The board will then be the body assigned with powers to detect opportunities and invest on other members’ behalf.

Me as the vision bearer, I am willing to work with anyone with capacity and passion to take this company to the next level. Bannange twekembe tukolere wamu, bwetutyo tukulakulanire wamu.

See Terms & Conditions

Briefly, that’s what called; Plan 23

Aiming to shoot the skies…!

Plan 23

What Do I Want Us To Invest In?

Although the company may engage in other income generating businesses to increase profitability, the following are the majors.

plant trees

1. Buy Chunks Of Land

I want us to buy affordable chunks of land as many as possible across the country (1 acre+).

What To Do Next?

  1. Develop these lands by planting on them fruits trees, eucalyptus or pine as we wait for it to grow in value.
  2. We may also conduct on them other agricultural activities like animal rearing, cassava, maize growing, bananas, beans and so on and sell them and we share profits according to one’s shares.
  3. We can also lease or rent them to our members at good terms.
  4. We can also divide some of our lands into plots and then sell them to our members either basing on their shares or they pay us in installments. This way, every member can get a plot of land at ease!
  5. And finally, we may decide to resell those developed lands when they have gained a higher value and make reasonable profits and we share.
town areas

2. Buy Plots Of Land In Town Areas

The company also wants to buy affordable plots in city or other developing towns. We shall put much emphasis on those property owners who want to sell them off and move to villages because town life isn’t favorable for them anymore.

What To Do On Them?

  1. On them, we want to build medium standard commercial buildings offered at very attractive prices.
  2. We also want to construct some double-roomed rental units in acceptable standards of living which can be rented at around 150,000 – 250,000/- per month.
  3. Where it is suitable, we can construct small-medium rent-able commercial buildings.
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