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    #WinningMindspark

    Chapter 1, 3tools, Five secrets to your financial independence, tool 1

    April 5, 2020 / No Comments

    “Many people think you have to be very intelligent to be successful in life.  Exhaustive research shows that many self-made millionaires have only average intelligence.” –Brian Tracy. To succeed, you don’t have to make a million dollars annually. You need to balance your five Fs to a worry-free life. Some people have the million dollars but they are not yet successful. As you grow, you realize “success” is a moving target. It is not easy to hit unless you reflect and change your mind about what success means to you. Other people’s definitions of success should not drive you. Otherwise,…

    Read More
    M. B. Mugisa

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    #WinningMindspark

    Nowhere to hide: Chapter 1: Are you a lawyer? Part 2

    April 4, 2020 / No Comments

    This case is challenging better than what we have ever handled. Support me and I take it up, love, I say. “Ok, if you want the experience, take it up. No calling me at night. I will not be part of the team. You will spend all Sundays at home, as usual”, she says to which I reply in affirmative. “Ok, you can take up the case” comes the go-ahead. With her approval secured, all is set. I immediately arrange a meeting with the prospect in Kampala to agree on the engagement terms and commence. Continued from part 1. Having…

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    M. B. Mugisa

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  • #WinningMindspark

    Nowhere to hide: Chapter 1: Are you a lawyer? Part 1

    April 4, 2020 / No Comments

    The bad thing with investigations is that they are addictive like drugs. The more cases you investigate, the more you love the adrenaline that comes with it. So, when a client called me with an opportunity to take up a case of cybercrime in Kenya’s capital Nairobi, I jumped on the challenge with both hands. But I had a huddle to jump – getting my co-directors to support to take on the case. Finally, Kenya has knocked on the door. A bank wants me to take up a case there. What do you think? I said to my co-director. “It…

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    The state of #Covid19 in East Africa: cases on the rise

    April 4, 2020 / No Comments

    CAPTION: A newspaper seller wears a mask as a preventive measure against the Covid-19 Coronavirus on a empty street in Kigali on March 22, 2020 after the government suspended all unnecessary movements for two weeks to curb the spread of the virus. PHOTO | SIMON WOHLFAHRT | AFP  Kampala 3rd April 2020. The total number of positive coronavirus cases in Uganda now stands at 48. This follows three new cases – all imported. Compared to other East African countries, Uganda is third in terms of the registered cases. In South Sudan, two people have already succumbed to the virus. South…

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    M. B. Mugisa

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  • #WinningMindspark

    First F – financial independence exercise: how to be financially independent

    April 3, 2020 / No Comments

    Are you financially independent? Here is a template to help you document your financial independence plan. Get a pen and paper and start writing. Practical exercise 1: Clarity about what you want to achieve in life (a) Write down your vision (where do you want to be in 5 years from now).  What exactly do you want to achieve in the future? Please take the time and write your vision below. ___________________   ____________________ Example 1: “To be financially independent and knowledgeable with good health and social respect.” (b) Write down your mission (how will you get there?) Your mission…

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  • #WinningMindspark

    First F, Financial Independence – understanding the point of retirement

    April 3, 2020 / No Comments

    If you don’t plan for your net income properly, you will continuously be in debt. This will make you live in worry. You don’t need that. Do you? Graph 1 and 2 below illustrate the point of retirement and poverty point. In the above Graph 1; unless you are lucky to be born in a wealthy family, your wealth (driven by your earning potential) starts from the bottom (0).  The thick or darker line represents productivity and the lighter one represents wealth. Your wealth will grow or stagnate depending on your productivity, financial discipline and shrewdness. Most people start earning…

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