Starting a new scenario, this time the Toys and Gadgets scenario has been an interesting experience. I never really go for toys and gadgets aren’t my thing either so it’s my first time doing it.
I didn’t know there was a Sub-Goal after achieving the goal so here is the details about Toys and Gadgets scenario.
The Toys & Gadgets Scenario starts with the Main Goal being:
$50m in Annual Revenue
$10m in Annual Profit
Dominance in the Toy Industry
Once achieving the Main Goal, a Sub-Goal shows up:
$200m in Annual Revenue
$30m in Annual Profit
Dominance in the Electronic Products Industry
Dominance in the Communication Devices Industry
Once achieving the objectives above you need to:
$2bn in Annual Revenue for all of your corporation
Finally:
$2bn in Annual Revenue for all of your corporation
80% Onwership of your corporation
Dominance in the Toy Industry
Dominance in the Electronic Products Industry
Dominance in the Communication Devices Industry
Lessons learned in Toys and Gadgets:
1. Use existing resources
It’s not worth taking huge loans to start your business when you have $200m already. Use what is available then slowly expand.
2. Use imports until your own resource grows
Farms are seasonal so don’t wait to produce until you get your own produce.
3. Use previous lessons
Real Estate is a very good way to have sustainable profit for rainy days.
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