Key Insights You Will Gain After Running a Simulated Company.

Great post, very interesting. Like it a lot.

One of the key things where many Startups fail is the cost/profit and proper price calculation.

So they have a genius idea and a strong motivation, but since everything is new to them, they have no idea about what to charge for their products. If it‘s too low, they gonna work themselves to death; if it‘s too high, no customers. A good starting point is to check your competition and charge a little less. But take care and make really sure that you can make that price. Work not only on saving like cracy, but as well on the processes that will allow you to make that price and survive. Keep in mind that it takes 20 years to build a reputation, and 5 minutes to ruin it. A Startup has no reputation at all, and so, it takes a lot of time to build a brand, the desire, and the reputation that will bring you thousands of customers comes in at last, or never.

Define a company ethics that fits your belief and let your culture develop by following that ethcis yourself, whatever you produce or what services you are offering, by any means. The stronger the guiding light, the larger the audience it can reach, and the stronger the magnet, the larger the power that your personal fan crowd can generate. In 21st century, it‘s our culture that separates us from competition. Laptops we got all.

At Dynamic Applications, our culture is based on Transparency, Privacy protection, and Participation.

And so, we build Startup Business Planners that are self-explaining, they gather no data at all, and we let the people decide about the best ideas to simulate, and the platform roadmap, in turns. It‘s free of charge, but the professional simulation builder is 25 Euro (our Apps offer all functionality for specific Startups, and they‘re micro-payment, and there‘s traditional freeware and free promo codes on Twitter). So that’s Participation.

So if they vore fun, we build fun, and if they vote seriously, we build serious solutions.

There are sacrifices, you know. I sold my car in 2017.
But if you look at it over time, it’s growing like crazy.

Martin Bernhardt,
Founder of Dynamic Applications.

ringbolt consulting services

Imagine you are assigned to a team that will start and run a new venture for your company. You and your team are entrusted with funding to obtain a facility, manufacture products, hire employees, and market and sell your products. You and your team must decide everything from product pricing, to taking loans for improvements and paying expenses as you work toward the goal of building equity and net worth.

diversity-3402716_1920You make mistakes along your journey and in doing so learn firsthand why “cash is king” and how your venture can be profitable while tottering on the brink of bankruptcy. And while you and your team benefit from these valuable business experiences, you are never in danger of financial ruin or suffering the many other life-changing pitfalls of running a business.

Welcome to the world of simulation business training.

View original post 453 more words

Planning for the Future while you still have Time.

a wonderful Blogpost by Simple Ula:

Planning for the Future while you still have the Time

it reminds us that everyone’s time on this planet is limited, and how important it is to use your time in a useful manner.

considering how young the author actually is, the more extraordinary are her remarks.

At Dynamic Applications, we develop a series of small business planners that are free of charge. and so, we follow the target of supporting our fancrowd in a pursuit of happiness.

i’m not competing with you.

i hope we all make it.

Thank you!

simple Ula

We look towards the future with optimism. We note down destinations we want to visit, we plan out the perfect life, and we (secretly) decide on baby names long before meeting our future spouse.

It is vital to plan for the future, but that time seems so far away, and so sometimes we believe that it can wait until tomorrow, next month, even next year. Yet, putting off these plans doesn’t always work out. We all know how quickly life can spin on its head, so being prepared is something that needs to be considered.

photo-1504257365157-1496a50d48f2Image source

View original post 438 more words

of horses and innovation.

unconventional thoughts on the possibilities of funding a company in a more agile, energetic way.

ringbolt solutions.

interesting, interesting, and well-founded with links to read on.

an overview by Robert Koshinskie, a University’s Teacher in System Dynamics, from North Carolina. For a long time, working on Vensim, another competitor from 20th century. Somewhere on this planet, a small family of 2.

Much like ours.

..

https://youtu.be/2FkdleIkFyo

..

.

..

xx

it’s good

to have some friends,

after all, you know. we
don’t need to talk, every day.

in being Founders of 21st century,
we’re just connected to a few Mentors.

much like your head of department,
today.

and so, we’re all Pirates
deep in our heart, somewhere

we’re all United Pirates
of 21st century.

..

(c) we the people. (P).

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
yyyyyyyyyyyyyyyyyyyyy

ringbolt consulting services

Most businesses seem to be organized in a traditional pyramid hierarchy like a football team.  In this team model those at the top of the pyramid (coach/CEO) attempt to drive outcomes by “calling the plays” and expecting that the rest of the team follows a formal playbook.  This model has served the business world well by certain organizational measures, however, such organizations also may suffer when management from a distance confounds effective daily operations.

wrestlers

Top-down organizations are by no means the only way to achieve success as demonstrated by companies such as Semco where empowered teams can move forward confidently and independently.  Approaches such as Dynamic Governance facilitate the crafting of policy through inclusive decision-making that links team objectives to broad goals of the firm.  Teams are then permitted to achieve results through self-organization and management on a day-to-day basis without seeking or requiring further involvement from the executive level while observing policy that they helped formulate.

If traditional business organization is rightly analogous to…

View original post 638 more words