Harmony Agrobusiness Services

16/02/2025

10 Shocking Mistakes People Make When Entering The Farming Space.

A must read

1. Building a mansion at the farm.
- you do not need a fancy house when starting your farming enterprise unless you intend to set up an unproductive rural home. Let business lead not comfort and pride to show off on Facebook.

2. Starting big without experience.
- only the grave starts on top, every other thing starts small. Starting small is not a weakness but a strategy. There are too many advantages of starting small.

3. Producing without the market.
- it's safer to 'produce for the market, than to market the produce'. That's one of the advantages of starting small. Let the real customer guide you. The market is your greatest teacher.

4. Working on assumptions.
- untested assumptions are very costly. Never put a big budget on assumptions. Thank me later

5. Hiring unqualified and nearest people.
- only a fool will entrust an $20k investment in the hands of an uneducated relative or some cheap guy or illiterate couple desperately looking for a place to stay. If farming is a business, then get trained people. Never hire anyone you can't fire! Unless it's urgent avoid relatives! Hire the best you can and don't trust them

6. Setting too short time frames.
- farming is not a get-rich-quick-scheme. This is the reason many backyard broiler farmers never make any money. Although broilers are ready in 6 weeks, your money is usually ready after 2 years of consistency. Get in with a plan to evaluate at least 3 times in 5 years! Anything less will not give you an informed perspective.

7. Investing in infrastructure without production.
- your business is farming not buildings. Invest in stock not structures. If possible have temporary structures for your goats or chickens. Too many people build structures for $10k and buy stock (like chickens) for $200. Very unwise! Start with the cheapest or free structures but with the best breeds/variety of what you want to grow

20/01/2024

The lady in the picture with JackMa is Tong Wenhong. She joined Alibaba 16 years ago as a receptionist.

When Jack Ma was allocating company shares, he gave Tong 0.2% shares right saying it will worth 100 million when Alibaba goes public into the market later. He asked her to just stay in the company, don’t change to other companies and she will get 100 million when Alibaba goes public.

She waited years but Alibaba never went public. She asked Jack when will Alibaba go public in 2004 and Jack said soon. She asked again in 2006 and JackMa said soon, again.

However, she never saw it happen and never got 100 million. When Alibaba finally went public in the New York Stock Exchange in September 2014, it was worth 245.7 billion. Tong, the former senior receptionist, current Vice President of Alibaba, became a millionaire from a receptionist with 320 million worth.

Entrepreneurship is the 16 character word where the 6th letter P stands for Patience. Most startups end on this 6th stage because of lack of patience.

Whenever I am going to give up my dreams I read this story when a receptionist have this much patience then how can I give up, I am born to be an Entrepreneur.

Source: Quora

07/10/2023

Well, here's the thing about farm businesses that might seem lucrative on paper: securing the market beforehand is important.

Sure, you might have found a product or service that seems like a goldmine, but without ensuring there is actually a demand for it in the market, all your efforts could be in vain. Picture this: You decide to venture into organic vegetable farming because you read somewhere that it is highly profitable. So you invest your hard-earned savings into land, equipment and seeds, only to find out later that the local demand for organic vegetables isn't as robust as you anticipated. Without buyers willing to pay a premium for your produce or customers flocking to purchase from you regularly, sustaining and growing a farm business becomes incredibly challenging.

Therefore, before diving headfirst into any seemingly lucrative farm business opportunity, take the time to conduct market research and understand if there is a solid customer base waiting eagerly for your product.

This way, you'll avoid potential heartbreak and demotivated to continue in farming.



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27/02/2023

https://www.facebook.com/100067042960871/posts/542054041372690/?flite=scwspnss

02/12/2022

Farmer's day spent at Harmony Nursery site , our water pumping machine for irrigation has been messing up for the past weeks and after buying one yesterday ,I and my team needed to try the new machine today and irrigate the entire field .
Farmer's don't rest , sometimes one feels not too well but man has to attend some critical assignment on the farm .
Harmony,we Rest Not .

29/11/2022

SNV and a team from the Embassy of the Kingdom of the Netherlands in Ghana on field visit to Harmony Agro Business Services commercial nursery site at Okroase near Kunsu-mankranso

12/10/2022