👋Welcome '24 grads! I'm happy that you are here. If you have any questions, come to the Discord: discord.gg/xPXSpWJ5ac Make your resume more competitive with a Mini MBA: www.TheMiniMBA.com I am no longer tutoring BSG Online, but I recommend Dave Mar via www.bsg-game.com
Glad to hear you enjoyed the videos! It would do students more harm than good if I posted other years since every game is very different so you can’t use what someone else may have done in that year. I offer advice in my Discord channel though: discord.gg/PfHTwzGWcm
Having each year would cause more harm than good because many people would most likely copy the numbers and every simulation is very different. That’s why I provide multiple resources for students on my Discord community, website, and through tutoring.
@Maickel Ayman My Ultimate Guide video goes over my updated thought process for nearly all situations ua-cam.com/video/a9b-y0AFWc4/v-deo.html Y12 video coming out Sept 26th! Subscribe and turn on 🔔
I wasn’t able to make videos after these decisions due to time constraints. I think I ended up getting over 100 GTD and second place in this best strategy game.
Welcome, Spring '23 grads! I am excited that you are here. 😁 Derek's ETS Major Field Test (MFT) Study Site: www.MajorFieldTestPrep.com 25% off your first course with promo code: UA-cam25 I am revolutionizing the tutoring industry with an exclusive "Pass Your Class Guarantee." Learn more: www.TutorMBA.com I am no longer assisting with BSG Online, so I can broaden my help to more students. You may use this trusted website as a resource www.bsg-game.com
I took a pretty big loan out on year 11 like u did, is it normal to have lower credit rating on year 12 because of it? The expectation for credit rating in year 12 is a B+ but my credit rating is a B. Also the EPS, ROE, and image rating are all above investor expectations.
Kind of. Taking out a loan will increase your debt to asset ratio which lowers Credit Rating, but having high revenues and profit can help fix this. The main thing with credit rating is to have an A+ by the final year because that’s how credit rating score is calculated for your GTD score. I’ve seen many successful company’s have lower credit ratings at the beginning to wisely invest and grow stronger than the competition.
When you go to the Comparative Competitive Efforts page. Would you say that the goal is to get away from your competition as in a specific corner of the internet and wholesale graphs? For example, get into the top right of the graph where it is high end and 500 models. Would you want to separate into a corner of the graph even if it hurts your sales? Or would the goal just to be to maximize the numbers to get the biggest profits? Thank you for the video!
I would say ideally, you want to separate into either the bottom right or top right corner, but your EPS, ROE, and other metrics are more important. Usually though, hitting a corner should help your metrics. I hope this helps, but there are so many variables that make it difficult to suggest exactly what to do.
@@DerekBarnick Hi, thanks for answering my last question! So far I've been doing well thanks to your videos. I have seen other comments saying to expand fully in L.A. is this because it is cost-effective to ship shoes out of there and into other regions despite taxes and such? Thank you!
Like I said in your other comment, I would be cautious of expanding all in LA in year 11 due to most companies not having the demand to utilize all the space. And, I really don't know what you mean by "all CSR for year 11." That would be silly to max out everything in CSR for year 11 or any year really since it only slightly helps image rating. I am curious to learn more about your BSG experience. Would you email me about it? derekbarnick@bsg-game.com Thanks!
@@DerekBarnick The demand comes from your pairs costing $12+ less in year 12 (all else equal). If you only build 1,000-2,000 worth of factories your fixed and diminishing costs are so high per unit that you're getting a much smaller benefit. The corporate citizenship doesn't just improve your image rating. It significantly improves your total cost of production labor per pair. If you're expanding, maxing out on corporate citizenship pays for itself within 1-2 years as a result of reduced labor and facility operating costs. The only option that this isn't true for is charitable contributions which only improve your image score.
I change prices depending on what the competition does and if I need more surplus of shoes to satisfy the current demand I have. A lot goes into deciding what to change price to, but usually I raise it and never bring it down.
I wanted to, but unfortunately I can no longer access my BSG account since the company disables them after a while. I do hope to continue providing updated material and thoughts to help everyone beat their competition!
Hi Maria, I believe I replied to your email regarding what to do. For everyone else's information: It is difficult to say exactly what to do if you don't get celebrities since there are so many variables that go into it. But, I would say you can look at these areas: -Increasing advertising -Increase SQ rating -Lower price Celebrities usually just increase demand in certain regions, so the above ideas are similar. Thank you for watching and I hope I earned a sub/like, Derek Barnick
👋Welcome '24 grads! I'm happy that you are here.
If you have any questions, come to the Discord: discord.gg/xPXSpWJ5ac
Make your resume more competitive with a Mini MBA: www.TheMiniMBA.com
I am no longer tutoring BSG Online, but I recommend Dave Mar via www.bsg-game.com
Thank You sir this helped me out in Business Strategy post more my guy you are the GOAT
This made my day. Thanks man!
Derek, your videos are extremely helpful. Do you have videos such as this for the rest of the games Years? Please and Thank you
Glad to hear you enjoyed the videos! It would do students more harm than good if I posted other years since every game is very different so you can’t use what someone else may have done in that year. I offer advice in my Discord channel though: discord.gg/PfHTwzGWcm
you should do a series with all the years, it would be really helpful please and thank you
Having each year would cause more harm than good because many people would most likely copy the numbers and every simulation is very different. That’s why I provide multiple resources for students on my Discord community, website, and through tutoring.
@@DerekBarnick no but it would help us on how you think so we could know how to be better in our situations
@Maickel Ayman My Ultimate Guide video goes over my updated thought process for nearly all situations ua-cam.com/video/a9b-y0AFWc4/v-deo.html
Y12 video coming out Sept 26th! Subscribe and turn on 🔔
Year 12 decisions posted? Would love to see a follow up
I wasn’t able to make videos after these decisions due to time constraints. I think I ended up getting over 100 GTD and second place in this best strategy game.
Welcome, Spring '23 grads! I am excited that you are here. 😁
Derek's ETS Major Field Test (MFT) Study Site: www.MajorFieldTestPrep.com 25% off your first course with promo code: UA-cam25
I am revolutionizing the tutoring industry with an exclusive "Pass Your Class Guarantee." Learn more: www.TutorMBA.com
I am no longer assisting with BSG Online, so I can broaden my help to more students. You may use this trusted website as a resource www.bsg-game.com
dude i need so much help with this this semester
Schedule a Zoom BSG-game.com 👍🏼
Hey Derek, great video man. I really need help with this during summer semester. Any chance you're still offering help?
Yup! You can join Discord here discord.gg/gJ3NYVMbmV or email me derekbarnick@bsg-game.com
I took a pretty big loan out on year 11 like u did, is it normal to have lower credit rating on year 12 because of it? The expectation for credit rating in year 12 is a B+ but my credit rating is a B. Also the EPS, ROE, and image rating are all above investor expectations.
Kind of. Taking out a loan will increase your debt to asset ratio which lowers Credit Rating, but having high revenues and profit can help fix this. The main thing with credit rating is to have an A+ by the final year because that’s how credit rating score is calculated for your GTD score. I’ve seen many successful company’s have lower credit ratings at the beginning to wisely invest and grow stronger than the competition.
When you go to the Comparative Competitive Efforts page. Would you say that the goal is to get away from your competition as in a specific corner of the internet and wholesale graphs? For example, get into the top right of the graph where it is high end and 500 models. Would you want to separate into a corner of the graph even if it hurts your sales? Or would the goal just to be to maximize the numbers to get the biggest profits?
Thank you for the video!
I would say ideally, you want to separate into either the bottom right or top right corner, but your EPS, ROE, and other metrics are more important. Usually though, hitting a corner should help your metrics.
I hope this helps, but there are so many variables that make it difficult to suggest exactly what to do.
@@DerekBarnick Hi, thanks for answering my last question! So far I've been doing well thanks to your videos. I have seen other comments saying to expand fully in L.A. is this because it is cost-effective to ship shoes out of there and into other regions despite taxes and such? Thank you!
Hi thank you for the video - question - did you have the Fringe Benefits at $0? even though the average is $3007?
I typically suggest $0 in fringe benefits unless it helps your EPS.
any chance you could post that excel sheet? Thanks for the video (:
I am glad you liked the video!
Are you referring to the one about celbs?
I can't recommend highly enough buying the max facility space in Latin America and all Corporate Citizenship in Year 11.
Like I said in your other comment, I would be cautious of expanding all in LA in year 11 due to most companies not having the demand to utilize all the space. And, I really don't know what you mean by "all CSR for year 11." That would be silly to max out everything in CSR for year 11 or any year really since it only slightly helps image rating. I am curious to learn more about your BSG experience. Would you email me about it? derekbarnick@bsg-game.com
Thanks!
@@DerekBarnick The demand comes from your pairs costing $12+ less in year 12 (all else equal). If you only build 1,000-2,000 worth of factories your fixed and diminishing costs are so high per unit that you're getting a much smaller benefit.
The corporate citizenship doesn't just improve your image rating. It significantly improves your total cost of production labor per pair. If you're expanding, maxing out on corporate citizenship pays for itself within 1-2 years as a result of reduced labor and facility operating costs. The only option that this isn't true for is charitable contributions which only improve your image score.
Do you keep the same internet and wholes sale price each year?
I change prices depending on what the competition does and if I need more surplus of shoes to satisfy the current demand I have. A lot goes into deciding what to change price to, but usually I raise it and never bring it down.
Hello, in the end of the video your mentioning other videos - continues of this, but I can not find it?
They may have been removed. You can visit my channel for all videos I have.
Hey Derek. are you still offering help with this? I surely need it.
Absolutely! Schedule a meeting with me on BSG-game.com
can you link the excel sheet with the averages from the previous years?
I no longer have access to that Excel sheet. Sorry! :(
Can you do Y12 Decisions?
I wanted to, but unfortunately I can no longer access my BSG account since the company disables them after a while. I do hope to continue providing updated material and thoughts to help everyone beat their competition!
is there any way i could pay to see all the data entry for Year 12-15?
I don’t have that data available, but you can email me derekbarnick@bsg-game.com for help
For year 12 should we endorse any celebrity?
I like to have at least 4-5 celebrities per year if possible. So, yes, I would.
How do u determine the number for the 10 year loan that you need to borrow?
Get your cash balance just a few thousand above "yellow."
What business strategy are you playing?
I typically play a high SQ / high model strategy, but try to stay fluid depending on your competition.
how this end up doing after the report?
Honestly, I don't remember since it's been so long.
Why did I input nearly the same #s as you, but my EPS is still less than $3…?
Every game is very different due to your competition and their decisions.
can you please help i am not able to understand even a bit of bsg game
I’ll get back to your emails when I can.
Hi, we didn’t win any celebrities. What should I do for the next decision to make up for not having one?
Hi Maria,
I believe I replied to your email regarding what to do.
For everyone else's information:
It is difficult to say exactly what to do if you don't get celebrities since there are so many variables that go into it. But, I would say you can look at these areas:
-Increasing advertising
-Increase SQ rating
-Lower price
Celebrities usually just increase demand in certain regions, so the above ideas are similar.
Thank you for watching and I hope I earned a sub/like,
Derek Barnick
are there other years you have done?
I haven’t, but I recommend watching Dave Mar’s year 12 video after this one.
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Hello Mr. Barnick! I sent you and email asking for help. Thank you!
Got it!