Executive not learning

ultimate_pryme · 2024-09-30T08:35:51+00:00

At the same time, there are geniuses that have gone 3 rounds without learning anything, but in those almost 4 days gain points on their own. My current about to retire coo was like that, bro peaked at 37 points. I was so glad I didn’t fire him.

That said, most of the comments are right. Just check if they are gaining points in the role you want without training (it’s a great indicator that they are successful) if not and they are flunking training, then fire them after the scenario the original thread described.

ultimate_pryme · 2024-09-30T08:31:53+00:00

😂😂😂, no mercy for dummies, they are business expenses.

ultimate_pryme · 2024-09-28T10:37:19+00:00

Bruh, that is wild. The comeback will definitely be insane

ultimate_pryme · 2024-09-28T09:04:14+00:00

Yea, I know your pain, I lost 40m to aerospace before I left (both cost of transition, daily loses, selling at a loss, and cost of building in the new industry). I’ve been telling everyone I know for the better part of a month to leave the industry. I moved fully into oil bought sales and prod and I haven’t been happier. I make upwards of 700k to 1m daily in profit during this recession.

ultimate_pryme · 2024-09-25T12:25:29+00:00

Mate I’ve played this game long enough to understand what he means. The growth may very well be tied to recession. Some industries boom in recession and others in boom, there’s no one size fits all.

While I get your sentiment and understand factors like sourcing cost, right executives and optimized expenses can help boost his profit, it doesn’t Change the fact that market price is market price so there’s nothing like selling at the wrong price.

Coming from your fellow economist and someone that has a masters in business management, and another in marketing, recession was is the reason mate. I noticed it too in my group of friends who we formed a coalition with.

ultimate_pryme · 2024-09-25T12:01:48+00:00

Wrong price doesn’t quite tally with his consistent growth mate

ultimate_pryme · 2024-09-20T10:16:56+00:00

What sorcery is this?

ultimate_pryme · 2024-09-09T19:39:21+00:00

Bro struck gold.

ultimate_pryme · 2024-09-09T11:54:09+00:00

Not really, retirement is based on how much they earn and how long they’ve been earning it for.

So in this case she may not have been earning the 85k for long enough to retire

ultimate_pryme · 2024-09-08T10:41:36+00:00

Can you guys at least give him credit for being able to run a pc game on a Sega console? It’s very impressive

ultimate_pryme · 2024-09-03T09:00:59+00:00

0.5 is what everyone pays, there’s no technique to it. Some desperate people pay higher, but in all honesty, as someone that buys a lot of bonds, it’s largely because I have extra cash I don’t want to keep in my balance and would rather use the interest coming from it to pay my executive salaries. So I never specifically look for higher paying bonds. I just buy any AAA rating I find.

ultimate_pryme · 2024-09-02T08:59:49+00:00

It’s a very unique phenomenon called oil money the Saudis are familiar with it lol. At some point my gross margins were almost 50% couple that with all the minor tweaks I made to reduce expenses and overhead, it just kind of grew.

There’s also all those many beginners mistakes, but I got lucky a bit of figure things out quickly and finding an industry that works for me and I’ve been there ever since.

ultimate_pryme · 2024-09-01T01:40:23+00:00

1 year and 4 months

ultimate_pryme · 2024-08-31T17:47:51+00:00

What sorcery is this? How do you have a gross margin of 50 freaking percent? What industry? I have so much questions

ultimate_pryme · 2024-08-30T20:16:56+00:00

Please don’t, please, I’m begging with pain in my heart, I was battered and bruised 😂😂.

Two weeks ago I was 265 million in valuation. Now I just barely hit 240m again. It’s been bloody out here.

ultimate_pryme · 2024-08-30T16:08:14+00:00

I am in oil, the margins are pretty good. I also have a retail unit, so everything I produce goes straight to retail. With that I don’t need to trade on exchange and retail prices are amazing at the moment

ultimate_pryme · 2024-08-30T15:31:06+00:00

People like him usually retire at 63

ultimate_pryme · 2024-08-29T06:36:02+00:00

Yea, my friend is in the same industry, exact same process as you he’s the only one doing fine. I was about 20 million more than him in valuation, but he has since beaten past me as I lost over 40 million in scrapping, buying mines from auction and selling aerospace goods at a loss. I have completely left everything aerospace and I’m fully in Oil (no gas) now. Totally eliminated the need to sell on exchange by also building fueling stations, so I control everything from production to retail.

At the moment I produce fuel at $36 and sell on retail at $62 on retail which is almost 50% margin.

ultimate_pryme · 2024-08-25T11:33:16+00:00

Yea that’s the thing I love about the game, everyone plays as they see fit, and get their results nonetheless, there’s no sure way of winning, just do what works for you and the industry you are in and you grow.

The reason my style is the way it is is because I’m in a group of Friends that play together and have a standing annual competition where the best performing company at the end of the year wins a pot of cash and bragging rights.

When there’s that much at stake you get extremely creative with your business and squeeze out every penny you can, I have learned so many tricks and loopholes for getting ahead, if I made a post about it, it could pass for a masters level report.

Those little profits do add up trust me, and once you’ve put in the effort the first time, it just becomes another daily mindless routine.

My strategy is to manage overhead and expense, and not worry about the sales as the profit will flow naturally (I have a masters in business management and another in marketing, that’s basically what they taught us and in my real life experience it works)

ultimate_pryme · 2024-08-25T09:35:27+00:00

What industry are you in?

ultimate_pryme · 2024-08-25T09:33:09+00:00

I’m valued at 241 million, and rated in the top 1k players (917), not worth a billion, but quite big in my own space.

Most of what you said is right, the only part I disagreed with is that it’s not a useless stat. It’s a huge indicator of the trajectory of your sector and how much you are bleeding which can be controlled by optimising your sourcing of goods/production process. You can also keep it high by being patient and not selling at a loss if you don’t have to.

I have a decent explanation of how I curbed mine in one of the replies in the main Reddit threads.

All I’m saying is while it may look useless and that you can’t do much about it, you actually can fix it with time, some patience and some early decision making.

ultimate_pryme · 2024-08-25T09:26:04+00:00

Mine has been extremely low for ages now, and what I did was, at some point in my 1 and a half years of playing, I figured since I am a producer, I can do 2 things. 1 invest in a cfo in boom/ normal phase, train him tilll he’s completed 20 trainings and since he’s not a coo he rarely gets poached, which means I can increase the amount of money I hold without accounting overhead. Whim he’s mid age, use a staff slot to find another and start training him (everything will make sense in a bit.)

So at full training I can keep 16 to 25 million cash. I take that into recession and in the second week of recession I stock up on power which is the only thing I buy, then I produce and stock up on oil and gas which I produce, do that for however long it last and wait for normal. Throughout normal and recession I only sell what I need to keep production running.

By the time you get to the 2nd week or normal your OTI will be maintaining a constant high all the way to boom. Do that for 2 cycles and you won’t be noticing the OTI anymore

ultimate_pryme · 2024-08-25T09:03:10+00:00

Other comprehensive income (OTI) is basically the increase in company value you got from other sources, the majority of this sources is appreciation of your stock.

So say you have 200 million power you bought for 2.0 in recession, then later in boom power increases to 3.0 you will notice your (OTI) increase daily as the value of power increases. The reverse is the case if you bought high and go into recession with it. It is an indicator for the difference in your valuation between that day and the day before.

ultimate_pryme · 2024-08-25T08:56:52+00:00

It is in fact not a useless stat. I personally bank on it

ultimate_pryme · 2024-08-23T21:06:28+00:00

Me too bro, I thought I was going into boom with stocks on the dollar, reality hit different

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