I’m playing Virtonomics, an online business game. Here I’ll report every now and then on my proceedings

In my previous post I explained why I restarted. Read how I build a base for Turkey and stormed a new emerging market with 2000% margins – Norway

After my first company burned in inefficiency hell I decided to take things more slowly. Not hiring hundreds of employees at once and over-investing but building slowly to my clothing and retail kingdom.

I focused for a bit on the Turkey market opening in total 3 stores in the market of clothing and groceries. Slowly growing I bounce around profit and loss every turn, because every increase in purchasing causes a small loss the day next ( buying more than selling ) and after that a higher turnover – and profit.

Slow but steady rise in value

A week lingering around Turkey, the bosses of Virtonomics decide to add a whole new country to the game, creating a new fishing industry. Exciting! I decided to enter the country before it becomes swamped with other competitors and this turns out to be a golden move. The turkey market is alright with profit margins around the 30% but the prices are sharp and besides I have a supply problem since suppliers with good quality and prices keep running out of stock, don’t deliver or cancel the contracts.

Profiteering like a proud Ferengi

On the other hand in Norway a good shirt costs more than gold, because not a lot of competitors entered the market yet. For instance in Ankara I have about 100 other stores selling shirts, which would go for anything between $200 and $400. In Norway I’m one of 3-4 selling the same shirt for more than $2000 with no big difference in the supply prices.

The Norway market is more cut-throat in the sense of quality. While the prices stay high though it’s a sound investment cashing out on more expensive quality stuff.

In other news, the company is expanding to Baltic Lithuania for research options, my current lab is still busy doing secret stuff and I’m slowly expanding factory output. Lot’s of investments to go, but the sky looks bright for future business.

Signed from the boardroom,

CEO of Calaeyosis business prospects ltd

People who know me know that I like complicated games which are often set in an economical setting. One of my -still- favorite games is the immensly hard Capitalism.

While browsing around a few days ago I stumbled onto the Russia based game ‘virtonomics’, which basically is Capitalism online where you can produce, sell, research virtual products to build an business empire. Of course while competing against other players from all over.

So of course I had to join in to see what it is all about. If you think games like earlier mentions Capitalism or Civilization has a slight overdose of report screens, wait until you take it online. You can spend ages clicking from report to report, but it makes it the more interesting for the near future.

Because of this and probably what will be my ultimate attempt to never attract girls again to this place, I’ll write on a regular basis ( as long as my internet connectivity lasts I guess ) about my exploits in this game.

(Note: if on basis of this report you’ll like to try play Virtonomics, please use this link to register, yes I will like you more then).

First weeks

So day one arrived. From a rich uncle I got a ‘random’ gift, which I picked since I like random things in life. I got a store with clothing, a factory produces ‘essential oils’, a mill who grinds grain to flour and an office. And for the lab rats a laboratory, which functions as R&D office. So I guess I’m in business on my way to become an apparel/oils/flour tycoon.

My first worry of course is with the randomness of my produce, but I decide to look around for a few days and then decide which strategies go out the window and with deserve investments.

After fiddling with my personal, paying them enough (socialist or not a socialist), hiring some people and finding suppliers for my clothing store it’s time to wait a bit.

On basis of marketing in the city of Nantes, France – where I’m based I’m taking a guess for football shirts and sports equipment, both of which have decent supplier ( cheap and good enough to set a competing price ) and promote my store for the bargains.

(Subdivisions) And the award for horrible manager of the year goes to…

The first week ( 24 hr in real life ) I make a decent 100K profit. Yeah! I get a bit overexcited and jolt my factory and mill to full staffing for extra production. Next week I get hit by a 400K loss. Whelp! It turns out my office is not equipped to deal with so many new people at one time, while ‘efficiency’ is king in this game. My production costs exploded 10-fold because of this and I have to swallow the beating.

So I restructure, open a new store in Paris to explore my football-shirt possibilities there. Ah if life only was a few mouse-clicks away.

Strategy for the next weeks is to stabilize my current undertakings, see how to max out profits and getting new funds invested in a few new stores. I found a few niches where supply is horrible. So a good time to step into a new line of production. I’m not telling which as of now, but I’ll keep posted.

In the comments please tell me how you like these reports and of course your own adventures on virtonomics!

Signed from the boardroom,

CEO of Calaeyosis business prospects ltd