Lumuhuku

Arbitary Obsessionist's Blog : Ambition is redundant. In life, mission is everything.

Business Lessons from FarmVille

with 21 comments

1. You should never use your working capital to expand your business. Never!

In a rush to reach level 35 in FarmVille (read : expand my business presence), I used up all my coins to buy some properties, which gave me enough XPs (experience) to reach the higher level. But what I did not foresee was that I was left with a large farm, larger presence, but absolutely no money (read: working capital) to buy seeds! No seeds meant no crops. No crops meant no harvesting. And disastrously, no harvesting meant no money! Solution? I had to sell some of my buildings and animals to get enough money to buy seeds or else, I would have had to file for bankruptcy.

2. Too many acquaintances can be harmful to your business

There can be times that in an effort to increase the count of your neighbors (read: popularity), you end up having so much of ‘bull shit’ in your friend list. This practice should be avoided at all costs. In businesses too, maintaining an unmanageable number of acquaintances (for the sake of networking & marketing) is not recommended. People come to associate you with the type of people you are visible with.

3. Business is cyclical by nature. Always!

While playing the game, after you have harvested your crops (read : have been paid for your services), you need to plough as well as sow the seeds again (read : find customers & deliver them your services). And even after you provide your services, there is a waiting time before you receive your payments. So, businesses need to keep going on and on in this cycle. As soon as they decide to stop after harvesting, they will lose value. There is no stagnation in business. It either goes up or down. Period.

4. Look for other sources of revenue

When you are not harvesting, plowing or sowing (read : finding customers, providing services or getting paid), look for other avenues of revenue generation like fertilizing crops of your neighbors, etc. which in turn give you fuel to harvest/seed/plough in a more efficient way. Though rare, helping can be profitable at times.😉

5. You can’t have everything & your core competency should be known to you

There may be times in business when you might get some exciting ‘never-before’ kind of opportunities (read : you get a building/animal/tree as free gift in FarmVille). You would love to take a plunge. But on deeper analysis, you will understand that this is not your core competency (read : farming). So, if you do place a building on your plot of land, you will be stopping the future cash flows from the farm you could have harvested at regular intervals. So, as evident, sometimes freebies are not that free.😉

And finally, as the old one goes – You reap as you sow.🙂

Written by Dev

June 4, 2010 at 9:07 pm

Posted in Just for fun, Money Matters

Tagged with ,

21 Responses

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  1. Pl try to leave this game..as it has been rated by TIME as the worst inventions and most non productive game

    http://www.time.com/time/specials/packages/article/0,28804,1991915_1991909,00.html?xid=rss-specials

    DD

    June 5, 2010 at 12:13 am

  2. BTW Google ads started to crawl ur blog keep a watch

    DD

    June 5, 2010 at 12:15 am

  3. @DD
    DD, do you believe that I would listen to something as monotonous as the TIME??😉
    And I am game for a take sale to Google😉

    Dev

    June 5, 2010 at 12:17 am

  4. Hehehe…brilliant!
    I’m amazed at the way you connected stuff🙂
    I gave up farmville a long time back, after getting too much money and having nothing else to do. Which means, too much money can leave you bored and dissatisfied with life. So, invest that in new business.😉

    Damn! I should never try to give advice😀

    scorpria

    June 5, 2010 at 9:37 am

  5. 😀 intelligent observations..😀
    Left playing the game long back! Primarily because my system doesnt support it that well.. Which means u must first have sufficient resources and infrastructure to start a new venture..😉
    And finally – Though rare, helping can be profitable at times.. I second the ‘though rare’ part..😉😛

    Ambika

    June 5, 2010 at 1:10 pm

  6. nice dev, thats a good piece of advice….keep it up🙂

    vikas

    June 5, 2010 at 7:57 pm

  7. @Scorpria
    “Too much money can leave you bored and dissatisfied” – Spot On🙂 Money is useless beyond a point.

    @Ambika
    I third you. Helping is not always profitable.😉

    @vikas
    Thanks.

    Dev

    June 6, 2010 at 2:38 am

  8. smart thoughts…

    never played it…i am scared it will be too addictive..

    shraddha

    June 6, 2010 at 6:03 am

  9. @shraddha
    Addiction has got a new synonym. Its FarmVille.😉

    Dev

    June 6, 2010 at 10:58 am

  10. Oh God…i remember once upon a time……..i was badly hoooked to this business on FB😉 now i am bored..

    Dew

    June 7, 2010 at 6:53 am

  11. You are a farmville addict? I quit the game looong back. It gets really boring after sometime🙂

    Avada Kedavra

    June 7, 2010 at 10:01 am

  12. @Dew
    Businesses can be addictive at times😉

    @Avada Kedavra
    Actually I am a MafiaWars addict. This post is a collection of realisations which I have had over time.🙂

    Dev

    June 7, 2010 at 5:00 pm

  13. Ooh! It was fun when it lasted, but I gave up after the 30th level. If only they allowed lazy me to buy fuel with my coins and use the tractor more often ;)!
    So yet another learning could be, ‘ How much ever you earn it will never be enough to take work load off you, you will just end up working even more than usual!’ Oh god, the bigger farms, and more clicking to harvest, plough and sow!

    Awesome post, goes to show there is nothing u cannot learn from ;)!

    DI

    June 7, 2010 at 6:04 pm

  14. @DI
    The lesson you gave is so true.
    No matter how much you earn, workload shall remain. The more you earn, the more is workload.

    Dev

    June 7, 2010 at 9:17 pm

  15. nice observations ! planning to apply these lessons ??? farmer is a troubled man… i’d rather outsource my farm !!!

    shubhang

    June 8, 2010 at 5:48 pm

  16. Everything is just so true, very well connected!
    Few of your points which I want to specifically mention, one of which is point no. 2- ‘Unmanageable Acquaintances’ , few people who are not even required around you, occupy a considerable space in your personal sphere, neglecting the fact that they actually are creating a tunnel through and through. For this I follow a policy called’ Uncluttering’- using the command (shift+ delete) to people, and who are there just to add another frightful chapter in our lives, where there’s not even a single contribution from their side to our happy living. The term ‘ Uncluttering’ was given by a sane person, someone who’s really close to me. And yeah it works! Would advice people to try it.

    The comparisons you have done here are fantastic, specially the one where you say’ Business has not stagnation, It either grows up or down’ I don’t know how many people actually thought about it, and moreover conveying it through a medium like Farmville, this point couldn’t have been put across in any way easier than this.

    ‘I am a Farmville addict too.
    But these days I get it outsourced🙂. any business tricks for this :-)?

    Adi

    aditi

    June 8, 2010 at 11:44 pm

  17. @Shubhang
    Applications of the lessons is independent of apparatus of logic. I am hopeful.🙂

    @Aditi
    Wow!! Your comment qualifies as a post in itself!😉
    And as mentioned by you, the concept of Shift+Delete is quite a useful one. As far as outsourcing is concerned, it in itself is one of the biggest business tricks of all times…but there are times when you need to take charge and reverse outsource thing too!!🙂

    Dev

    June 11, 2010 at 1:26 am

  18. First time here and I am impressed with your posts how you have connected it and the best is the TRUTH!
    Beautifully done, I wish I could share this in the office…with everyone🙂
    nice read
    Cheers

    Dawn

    June 17, 2010 at 3:53 am

  19. @Dawn
    Thanks Dawn and welcome here.
    & sharing is good.🙂

    Dev

    June 19, 2010 at 1:07 pm

  20. Sigh!! Never liked the game.

    Reema

    June 27, 2010 at 10:12 pm

  21. @Reema
    Yeah, even I have learnt and moved on… ;-D

    Dev

    June 27, 2010 at 11:19 pm


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