Get to know the 2020 MikesBikes World Champs Winner, Ivan Bondarenko from Webber International University. He shares his experience in the simulation, his strategy and advice to future students.

What is your decision making process within the simulation?

In terms of managing the company, I was always trying to make the most accurate decisions based on the goal of long-term profitability and market growth. My main objectives were to become a company with a dominant market share while providing quality products to my consumers. Therefore, I based my decisions upon selecting specific strategies that would give me the highest possible chance to achieve my goals. Besides that, a big part that helped me came from analyzing my opponent’s strategies. After selecting the way to achieve my objectives, I had to analyze if those would be a good fit according to the current market conditions and the market power my company possessed in that specific period. In other words, my main decision-making processes and changes were based on two main goals:

To achieve and sustain the highest profitability and market share.

To analyze the decisions of my competitors to make short-term reworks and changes to achieve and sustain the first goal.

What was your strategy going into the simulation?

There is one strategy that I follow during any activity in my life. That is to gather as much knowledge as possible from the opportunities I have been provided. My main strategy during the simulation was to acquire the necessary knowledge about conducting business operations. I believe this knowledge will help me a lot in real life too.

In terms of technical aspects to acquire the highest shareholder value, my strategies were to dominate in the two most high-quality demanding markets which are Adventures and Racers. The reason for it is because capturing “quality markets” requires more time and investments than other segments. That is why it is important to start investing in quality as early as possible. To accomplish that I referred to the knowledge gathered in my management courses about the TQM techniques. That is why in the beginning I decided to invest heavily in the quality aspects of the company to become a company where quality matters a lot. I managed to become a dominant force Adventures segment which gave me enough financial freedom to invest more in quality and cash to finance my capital expenditures required to get into other segments. After establishing and capturing markets where the quality of your products makes the most weight, I acquired an opportunity to invest more in another segment while maintaining my dominance in high-quality markets.

What challenges did you face? How did you overcome these?

My main enemy was my ignorance which sometimes did not allow me to have fully comprehensive and realistic expectations towards the future of our competitive market, rather than expecting a favorable outcome based upon my hopes and mathematical forecasts. Based on my experience in the simulation there are always operational and financial risks related to conducting business operations. However, with proper analysis, there is always a way to minimize your risk (also known as “to hedge” your company) against unreasonable and unexpected market swings which could happen due to the competitors, or something even more dangerous like the inappropriate demand forecast. To avoid those mistakes I decided to refuse to look at risky methods of profiting which could potentially collapse my company, thus I went with a more “safe” approach which provided me with less risk but limited potential net income for each year.

Was there anything, in particular, you did that you think helped to prepare yourself?

The best thing which helped me to prepare myself for the simulation is the ability to learn. Spending time in school with different students and professors helps a lot with acquiring new skills and knowledge which you can use in your daily life. The information and knowledge I managed to comprehend in my classrooms were necessary for obtaining the results during the competition. In other words, something that you learned in your life can have an impactful meaning towards achieving the necessary goal if you will find a proper way to utilize that knowledge.

What do you think of the business simulation?

This is one of the best tools I know which is used for learning about business and the conduction of business operations. I would even go as far as to say that it is my second favorite tool (after books) to acquire important knowledge about a specific subject. So far it has been the best business experience in my life and I greatly appreciate people from SmartSims for creating and improving such an interesting learning tool. You guys are tremendous!

Comments on your experience in your course simulation and with the MikesBikes World Champs

That was a wonderful experience full of learning and enjoyment. The competition was very interesting and something I will be remembering for a long time. I did my best in acquiring as much knowledge as I could and I am happy to feel that way. I hope you will keep developing the simulation and will come up with new comprehensive ideas to implement within the simulation for future students!

It is worth mentioning that my success would not be possible without the important people who supported me in my educational journey. I appreciate my school at Webber International University for providing me with proper business education. Also, I am very grateful to Dr. Thomas Aaron and Dr. Jeannette Eberle for supporting me a lot during my student journey and giving their best so I could get the most essential knowledge throughout my college life.

Advice to future students

There many things which could be said and considered the most important to succeed. As for me, there is one thing that I put above everything else. It is to have fun. There is nothing more important for me during work than feeling joy from the process I participate in. Results are important, and you can work your hardest to get great results. But the best results come from the process in which you like to participate and you have a passion to do it. Knowledge is important when it is fun to obtain. The competition is truly interesting and meaningful when it is fun to participate. The results are meaningful only when they are obtained in the process of passion and enjoyment. Fun is a truly enormous and powerful tool that can lead to great achievements under proper selection and guidance.

We now have the final list of Qualifying Round competitors for the 2020 MikesBikes World Champs!

These teams and solo competitors will be competing from the 8th until the 13th of December in the Qualifying Rounds to land a spot in the Top 10 for the Final Rounds!

We have over 140 students representing 28 schools around the globe.

Algonquin College

Australian Catholic University

Baker University

Christopher Newport University

Des Moines Area Community College

Drexel University

Duquesne University

High Point University

Hong Kong University of Science & Technology

Johnson & Wales University

Keyano College

Linn Benton Community College

Midwestern State University

New Jersey Institute of Technology

North Carolina Area Technical College

Pi Sigma Epsilon

Santa Clara University

Selkirk College

Slippery Rock University

Southern Institute of Technology

Tarrant County College District

University College Dublin University of Auckland

University of Idaho

University of Oregon

University of St. Thomas

University of Winnipeg

Webber International University

Keep an eye on their progress here and show them your support on our Facebook page. You can also use #2020SmartsimsMWC on both Facebook and Instagram.

Wishing everyone all the best! Hope you enjoy and find this to be a valuable experience!

2020 Third Quarter Hall of Fame Update

Congratulations to the latest entrants on this quarter’s Hall of Fame! Well done on this outstanding achievement! 

MikesBikes Introduction New Entrants

In the Single-Player (2019/20), we have Deepak Guring (3rd), Sandip Sunuwar (4th), Lachhu Hang Aguwa (5th), Ras Kumari Pun (12th) and Syed Saad Ali (18th). 

In the Single-Player (All-Time), we have Deeapk Gurung (3rd), Sandip Sunuwar (5th), Lachhu Hang Aguwa (7th), Ras Kumari Pun (14th) and Junaid Azam (15th). 

Music2Go New Entrants

In the Multi-Player (2019/20), we have a student from University of Utah, Thomas Gentry of Beats by T at 7th place. 

2020 Second Quarter Hall of Fame Update

Congratulations to our latest entrants! Well done on making it to the Top 20, it’s no easy feat, but you did it! 

MikesBikes Introduction New Entrants | Multi-Player (2019/20)

Rank	Date	Institution	Firm	SHV	Team Members
1	May-20	Des Moines Area Community College (DMACC)	Skidmarks Inc.	$553.57	Fritz, Matthew J.
3	Jun-20	King’s Own Institute (KOI AIBM)	Evil Geniuses	$497.16	Sohaib, Mohammad | Shehzad | Khan, Sifat | Rai, Kajol | TAMANG, Sony
5	Jun-20	King’s Own Institute (KOI AIBM)	Royal	$484.14	Pal, Vikas | Kaur, Jaspreet | Bhangu, Manpreet Kaur | Kaur, Lovejot | Khushbu
16	Jun-20	University of Oregon	Niks Biks	$395.94	Nik Kovacevic
20	Apr-20	Midwestern State University	High Riders	$373.41	Gustave, Ronnette S. | Johnson, Celia C. | Ledbetter, Chadrik D. | Reynolds, Hannah M.

MikesBikes Introduction New Entrants | Multi-Player (All-Time)

Rank	Date	Institution	Firm	SHV	Team Members
4	May-20	Des Moines Area Community College (DMACC)	Skidmarks Inc.	$553.57	Fritz, Matthew J.
8	Jun-20	King’s Own Institute (KOI AIBM)	Evil Geniuses	$497.16	Sohaib, Mohammad | Shehzad | Khan, Sifat | Rai, Kajol | TAMANG, Sony
11	Jun-20	King’s Own Institute (KOI AIBM)	Royal	$484.14	Pal, Vikas | Kaur, Jaspreet | Bhangu, Manpreet Kaur | Kaur, Lovejot | Khushbu

MikesBikes Introduction New Entrants | Single-Player (2019/20)

Rank	Date	Registered To	Firm	SHV
2	May-20	O’Grady,Timothy	Queens Bikes Inc	$261.81
5	Apr-20	Kaur, Lovejot	KAUR, Lovejot Inc	$252.44
6	Apr-20	Pal, Vikas	–,Vikas Pal Inc	$252.11
9	Apr-20	Sohaib, Mohammad	Sohaib Inc	$251.12
16	Apr-20	Gurung, Ashma	Gurung,Ashma Inc	$248.74
17	Apr-20	Bhangu, Manpreet Kaur	manbhangubikes	$248.71
18	Apr-20	Khushbu	Khushbu top bikes	$248.68
19	Apr-20	Khan, Sifat	Sifat khan Bikes Inc	$248.65
20	Apr-20	Khatri, Samriddhi	Khatri,Samriddhi Inc	$248.61

MikesBikes Introduction New Entrants | Single-Player (All Time)

Rank	Date	Registered To	Firm	SHV
2	May-20	O’Grady,Timothy	Queens Bikes Inc	$261.81
7	Apr-20	Kaur, Lovejot	KAUR, Lovejot Inc	$252.44
8	Apr-20	Pal, Vikas	–,Vikas Pal Inc	$252.11
13	Apr-20	Sohaib, Mohammad	Sohaib Inc	$251.12

MikesBikes Advanced New Entrants | Multi-Player (2019/20)

Rank	Date	Institution	Firm	SHV	Rollovers	Team Members
4	Jun-20	University of Southern Maine	Joes Bikes	$698.97	6	Cote, Joe
1	May-20	American University of Kuwait	Iman Dana Manar Inc	$863.18	8	Dana Najem | Iman El-Husari | Manar Al-Ajmi
7	May-20	Mount St. Mary’s University	Velocipede	$640.52	7	Jason May
13	May-20	American University of Kuwait	MTZ Bikes	$448.34	8	Mohamad Dakik | Tala Fahas | Zuhair Ali
16	May-20	American University of Kuwait	Nada Ali Nour CO	$421.61	8	Ali HassabAlla | Nada Shehadeh | Nour Chaalan | Sara Mohamed
10	Apr-20	Louisiana State University Shreveport	Firm1	$506.78	7	Ariana Boyd | Leonardo De Figueiredo | Lilly Humphreys | Austin Lott | Madison Sewell | Sharla Wilkerson
19	Apr-20	University of Southern Maine	Chain Reaction	$403.12	8	Taryn Grenier | Justine Hutchings | Steve Roy

MikesBikes Advanced New Entrants | Single-Player (2019/20)

Rank	Date	Registered To	Firm	SHV
3	May-20	Chris van der Westhuizen	Westwood Bikes Inc	$676.52
4	May-20	Silvana Chilurane	Cycles Inc	$642.17
6	May-20	Johannes Lodewikus (Wihan) Hansen	Cycle-Tech	$613.12
9	May-20	Loren Rudling	Loren Inc.	$581.19
10	May-20	Damian Rudling	Damian Rudling Inc	$579.80
17	May-20	Stephanie du Plessis	Behind Bars Inc.	$532.42

Music2Go New Entrants | Single-Player (2019/20)

Rank	Date	Registered To	Firm	TMC
3	Jun-20	Tan, David	Musifun Inc	$419,254,036
9	Jun-20	Ilangovan, Pradeep	Pradeep Ilangovan	$332,116,261
16	Jun-20	Farnworth,Kaleb	CrazyGoodMusic	$277,144,681
19	Jun-20	Palmatier,John T	Palmatier John T Inc	$266,840,593

Music2Go New Entrants | Single-Player (All-Time)

Rank	Date	Registered To	Firm	TMC
20	Jun-20	Tan, David	Musifun Inc	$419,254,036

AdSim New Entrants | Multi-Player (2019/20)

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2020 First Quarter Hall of Fame Update

Congratulations to our new entrants! Well done on this outstanding achievement!

MikesBikes Introduction New Entrants | Multi-Player (2019/20)

Rank	Institution	Firm	SHV	Team Members
9	Des Moines Area Community College (DMACC)	Darr Bikes	$411.02	Zach Darr
8	University of Oregon	Ryans Bikes	$412.19	Bamford, Ryan
15	University of Oregon	Bangladesh Bikes	$378.80	O’Brien, Wes
20	University of Oregon	Bush, Delaney Inc	$349.39	Bush, Delaney

MikesBikes Introduction New Entrants | Multi-Player (All-Time)

Rank	Institution	Firm	SHV	Team Members
20	University of Oregon	Ryans Bikes	$412.19	Bamford, Ryan

MikesBikes Introduction New Entrants | Single-Player (2019/20)

Rank	Institution	Name	SHV
2	Madison College	O’Grady,Timothy	$262.91
5	King’s Own Institute	Kaur, Lovejot	$252.44
6	King’s Own Institute	Pal, Vikas	$252.11
9	King’s Own Institute	Sohaib, Mohammad	$251.12
12	King’s Own Institute	Mukhtar, Atif	$249.93
16	King’s Own Institute	Gurung, Ashma	$248.74
17	King’s Own Institute	Bhangu, Manpreet Kaur	$248.71
18	King’s Own Institute	Khushbu	$248.68
19	King’s Own Institute	Khan, Sifat	$248.65
20	King’s Own Institute	Khatri, Samriddhi	$248.61

MikesBikes Introduction New Entrants | Single-Player (All-Time)

Rank	Institution	Name	SHV
2	Madison College	O’Grady,Timothy	$262.91
7	King’s Own Institute	Kaur, Lovejot	$252.44
8	King’s Own Institute	Pal, Vikas	$252.11
13	King’s Own Institute	Sohaib, Mohammad	$251.12
17	King’s Own Institute	Mukhtar, Atif	$249.93

MikesBikes Advanced New Entrants | Multi-Player (2019/20)

Rank	Institution	Firm	SHV	Team Members
6	EU Business School	That Bike Shop	$554.87	Amine Diab
8	Green River College	Broadway Bikes	$453.56	Bisson Darlene E | Costello Kellyn S | Elston April J | Marcenco Inna | Marks Bree J
11	Methodist University	Fantastic 6	$409.54	Adam, Roua | Ghule, Jyoti Vijay | Sourinsack, Phonepaseuth | Soy, Pisey | Uwaifo, Wisdom | Vincent, Tyler Gary
19	Keyano College	RJTs Biking Company	$344.54	Kaur, Taranjit | Schaus, Riley | Victor, Joy

MikesBikes Advanced New Entrants | Single-Player (2019/20)

Rank	Registered To	Firm	SHV	Institution
18	Amer Khosla	Amer Khosla Inc	$572.93	American University of Kuwait
19	Shlomi Turgeman	Shlomi Turgeman	$510.01	University of Haifa
20	Shayla Strutton	stratton, shayla Inc	$504.81	Red Deer College

Music2Go New Entrants | Multi-Player (2019/20)

Rank	Institution	Firm	TMC	Team Members
8	University of Utah	Lamb chop	$1,063,646,462	LAMB,ALLISON ANNE
11	University of Utah	Hales Electronic Co.	$1,013,228,564	HALES,CHRISTOPHER
12	University of Utah	Randy Lahey Inc.	$1,004,195,514	DICK,JACOB RUSSELL

Music2Go New Entrants | Single-Player (2019/20)

Rank	Institution	TMC	Registered To
4	Worcester Polytechnic Institute	$383,040,037	Witkin, Alex
8	Auckland University of Technology	$328,900,403	Tan, David
14	University of Utah	$278,412,560	HOLTRY,ROBERT A
17	Worcester Polytechnic Institute	$266,003,322	Dolphin, Anthony

AdSim New Entrants | Multi-Player (2019/20)

Rank	Registered To	Institution	Firm	TMC
19	Lohwater, Meaghan M.	Jacksonville University	Snap-Shot Inc.	$698,918,331

AdSim New Entrants | Single-Player (2019/20)

Rank	Registered To	Firm	TMC	Institution
9	Quinn Estes	Estes Inc	$578,831,810	Salem State University
11	Tavani, Devon W.	Quick Shot Inc.	$577,632,509	Jacksonville University
14	Finderson, Delaney M.	PhotoSnap	$570,529,575	Jacksonville University
2	Sitkins, Elliott	Best Fotos co.	$661,416,948	Northern Michigan University
7	Hodge, Jenna	Hodge Inc	$590,493,294	Northern Michigan University
10	Mottes, Jesse	Mottes Inc.	$578,630,133	Northern Michigan University
17	Trombley, Tommy	Tommy Trombley Inc	$553,719,197	Northern Michigan University

AdSim New Entrants | Single-Player (All-Time)

Rank	Registered To	Firm	TMC	Institution
16	Sitkins, Elliott	Best Fotos co.	$661,416,948	Northern Michigan University

2019 Fourth Quarter Hall of Fame Update

MikesBikes Introduction New Entrants | Single-Player 

In the Single-Player Hall of Fame, landing first place, we have Derrick Schmidt from Madison College. He achieved a Shareholder Value of $262.15.

MikesBikes Introduction New Entrants | Multi-Player 

We have two students also from Des Moines Area Community College. At 3rd place we have Garrett Maakestad. He achieved a Shareholder Value of $509.49. At 8th place we have Chris Adams who achieved an SHV of $437.78.

MikesBikes Advanced New Entrants | Single-Player

We have two new entrants: Naman Vaid from Selkirk College lands 11th place, achieving an SHV of $584.15. At 13th place we have George Van Campen from Red Deer College who achieved an SHV of $572.67.

MikesBikes Advanced New Entrants | Multi-Player

We have four new entrants: At 3rd place, we have Manoj Kumar Bhambri from Selkirk College who achieved an SHV of $690.85. At 4th place we have Daniel Heath, Elijah Martinez, Marion Miller and Wyatt Guthrie from Bethany College who achieved an SHV of $606.10. At 6th place we have Adham Abouelhawa, Yousef Al-Fadhli, Ammar Ban Bochi and Hossam Nagy who achieved an SHV of $544. At 18th place, we have Manmeet Kaur Ahuja who achieved an SHV of $406.26.

Music2Go New Entrants | Multi-Player

We have four new entrants: At 5th place we have Raleigh Garbielle Monroe-Pichardo from University of Utah who achieved a TMC of $1,266,538,253. At 9th place we have Josh Cahill, Jake Peavey and Hunter Rushing from University of Southern Maine who achieved a TMC of $1,213,254,992. In 11th place we have Jeffrey Dibb from University of Utah who achieved a TMC of $1,191,844,739. At 14th place we have Viktor Maksimov, Keenan Ruffin, Dylan Sinclair from University of Southern Maine who achieved a TMC of $1,145,014,191.

Music2Go New Entrants | Single-Player

We have three new entrants: At 5th place we have Vineeth Nair Gopakumar from Hong Kong University of Science and Technology who achieved a TMC of $367,941,265. In 14th place we have Nan Zhang also from Hong Kong University of Science and Technology who achieved a TMC of $318,576,510. At 20th place we have Anand from Auckland University of Technology who achieved a TMC of $279,236,457.

Congratulations to all our new entrants! Well done on this outstanding achievement. We wish you all the best!

2019 Third Quarter Hall of Fame Update

MikesBikes Introduction New Entrants | Single-Player 

In the Single-Player Hall of Fame, we have 9 new entrants:

Rank	Name	SHV	School
3	SULEMAN, Hafiz Muhammad	$254.14	King’s Own Institute
4	QADIR, Abdul	$253.91	King’s Own Institute
6	NADEEM, Shaheryar	$251.98	King’s Own Institute
7	DC, Stiphen	$251.84	King’s Own Institute
9	DHITAL, Subash	$250.90	King’s Own Institute
11	ALI, Irfan	$250.18	King’s Own Institute
14	GIRI, Dhiraj	$249.70	King’s Own Institute
15	Akbar, Umair	$249.39	King’s Own Institute
17	MATEEN, Abdul	$249.02	King’s Own Institute

MikesBikes Advanced New Entrants | Multi-Player

In the Multi-Player Hall of Fame, we have one new entrant, Xiaoyuxuan Xu from Arizona State University at 17th place, achieving a Shareholder Value of $401.76.

AdSim New Entrants | Single-Player

We have four new entrants in the Single-Player Hall of Fame!

Rank	Name	TMC	School
7	Divya Macha	$607,637,258	University of South Florida
8	Michael Eisenberg	$604,643,978	University of South Florida
13	Courtney Stacho	$573,655,146	University of South Florida
19	Oscar Lovera	$557,085,781	University of South Florida

Congratulations to all our new entrants! Well done on this outstanding achievement. We wish you all the best!

2019 Second Quarter Hall of Fame Update

MikesBikes Introduction New Entrants | Multi-Player 

At 9th place in the 2018/2019 Hall of Fame and 12th place All-Time, we have a team from King’s Own Institute, Firm2 with Bishal Tandukar, Salina Basnet Thapa, Anushka Dahal and Bich Ngoc Nguyen. They have achieved a Shareholder Value (SHV) of $417.69

We also have another team from King’s Own Institute, Firm3 with Than Binh Phu Trinh and Praadeep Acharya who managed to land the 12th place in the 2018/2019 Hall of Fame.  They have achieved an SHV of $366.19.

MikesBikes Advanced New Entrants | Multi-Player

In the 2018/2019 Hall of Fame, we have a new entrant landing at the #1 spot, Roadies from Christopher Newport University with Ian Dors and Niall Mahaney. They have achieved an SHV of $708.57.

Another team from Christopher Newport University landed at 19th place at the 2018/2019 Hall of Fame, RR Bikes with Ryan Devine and Robert Stoner. The duo achieved an SHV of $393.59.

At the 20th place in the 2018/2019 Hall of Fame, we have a student from Wallace State Community College, Everydae Bikes with Dae Spradlin. They have achieved an SHV of $361.59.

MikesBikes Advanced New Entrants | Single-Player

We have several new entrants in the 2019/2019 Hall of Fame!

• 7th and 11th place: Chandra Surendra (University of Auckland) who achieved an SHV of $702.26 and $583.82
• 10th and 14th place: Rachita Rajendra (University of Auckland) who achieved an SHV of $589.88 and $554.80
• 15th place: Juan Rodriguez (High Point University) who achieved an SHV of $552.01
• 18th place: Xincheng Zhang (University of Auckland) who achieved an SHV of $508.31
• 19th place: Tao Tang (University of Auckland) who achieved an SHV of $490.76

Music2Go New Entrants | Multi-Player

From Waikato Institute of Technology, we have a three new entrants in the 2019/2019 Hall of Fame and one of them managed to land a spot in the All-Time Hall of Fame!

We have Apollo with Jie Ding, Shanshan Liu and Qingwen Zeng who managed to land 3rd in the 2018/2019 Hall of Fame and 12th All-Time. They have achieved a Total Marketing Contribution (TMC) of $1.3 billion. Another team, Vocal Music with Wenling Chen, Ashley He, Yuchen Pan and Wenli Wang who managed to land 17th place in the 2018/2019 Hall of Fame. They have achieved a TMC of $1.02 billion. Last but not the least, on 20th place, we have The Avengers with Min Guo, Adelyn Lim and Zhizhao Luo. They haev achieved a TMC of over $987 million.

AdSim New Entrants | Multi-Player

We have 9 new entrants in the 2018/2019 Hall of Fame!

• 4th place: Cody McElveen from Jacksonville University. He achieved a Total Marketing Contribution (TMC) of over $829 million
• 9th place: Savannah Siegrist from Jacksonville University. She achieved a TMC of over $778 million
• 10th place: Zachary Parrish from Jacksonville University. He achieved a TMC of over $749 million
• 11th place: Summer Fox from Jacksonville University. She achieved a TMC of over $732 million
• 14th place: Yuki Sakate from Jacksonville University. She achieved a TMC of over $708 million
• 17th place: A team from Salem State University, Capture Moments with Kiah Heron, Fred Kelley IV, Brianna Tufo and Jessica Tully who achieved a TMC of over $694 million
• 19th place: A team from University of Massachusetts Dartmouth, Trap Inc with Kevin Duffy, Justin Chung, Troy Lombardi and Anthony Figueroa who achieved a TMC of over $673 million
• 20th place: A team from University of Massachusetts Dartmouth, Firm1 with Amanda LaCroix, Hunter Strangis and Shelyese Perry who achieved a TMC of over $672 million

AdSim New Entrants | Single-Player

We have three new entrants in the 2018/2019 Hall of Fame! We have Veronica Szymack (University of Massachusetts Dartmouth) in 4th place, who achieved a TMC of over $633 million. We also have Melanie Wong (University of Massachusetts Dartmouth) in 5th place, who achieved a TMC of $620 million. In 10th place we have Tristan Vitale (Northern Michigan University) who achieved a TMC of over $570 million.

Congratulations to all our new entrants! Well done on this outstanding achievement. We wish you all the best!

2019 First Quarter Hall of Fame Update

MikesBikes Introduction New Entrants | Multi-Player

Landing in 10th place, we have Joseph Saponjian from University of Oregon who achieved a Shareholder Value of $404.93. Joseph also managed to land the 14th place in the All-Time Multi-Player Hall of Fame!

In 12th place, we have Business Group Solut with Nour Sinno, Anmol Karki, Himalaya Pokharel, Prabesh Upreti and Deepa Gurung from King’s Own Institute who achieved a Shareholder Value of $366.19. They have also managed to land the 20th spot in the All-Time Multi-Player Hall of Fame!

Lastly in 17th place is also a team from King’s Own Institute, 99 Grandsons Ltd with Muhammad Usman and Maninder Singh who achieved a Shareholder Value of $353.32. 

MikesBikes Introduction Hall of Fame

MikesBikes Advanced New Entrants | Multi-Player

Landing 1st place is Sam Chowdhury from House of Cornelia. He achieved a Shareholder Value of $708.11.

Arizona University students managed to land 3 spots in the Top 20 2018/2019 Hall of Fame. We have Dominic Mayr who achieved a Shareholder Value of $477.11 and landed the 8th place. Next is Farhoud Salim who landed the 12th place with a Shareholder Value of $437.25 and at 17th place we have Kamil Kapitan, who achieved a Shareholder Value of $396.01.

Last but not the least, we have a team from Christopher Newport University, Roadies with Ian Dors and Niall Mahaney who landed the 19th place with a Shareholder Value of $358.64.

MikesBikes Advanced New Entrants | Single-Player

In 4th place we have Bryce Marleau from Algonquin College, with a Shareholder Value of $912.08. He also managed to land 6th place in the All-Time Hall of Fame.

In 7th place we have Gabriel Teramura from Algonquin College, with a Shareholder Value of $567.50. He has also managed to land 15th place in the All-Time Hall of Fame.

In 8th place we have Sajjad Arastu from University of Auckland, with a Shareholder Value of $561.82. He has also managed to land 16th place in the All-Time Hall of Fame.

In 16th place  we have Matthew Patrick Pierson from Cal Poly Pomona who achieved a Shareholder Value of $418.57.

MikesBikes Advanced Hall of Fame

Music2Go New Entrants | Multi-Player

Three University of Utah students managed to land 3 places in the Music2Go Hall of Fame! In 9th place we have Walker Austin Hess, in 15th place we have Blaise Pascal Shema and in 18th place we have Kyle Michael Bartley.

Music2Go Hall of Fame

AdSim New Entrants | Multi-Player

In 12th place we have a team from Salem State University, Captured Moments with Kiah Heron, Fred Kelley IV, Brianna Tufo and Jessica Tully. Another team from Salem State as well comes in 15th place, Smile Back Inc with Christa Elliott, Zachary Holt, Romello Mitchell, Alexa Ortiz and Kelsey Vargas.

AdSim New Entrants | Single-Player

In 6th place we have Richard Hamilton from Northern Michigan University. In 8th place we have Zachary Parish from Jacksonville University. In 16th place we have another student from Northern Michigan University, Andrew Poirer. In 20th place, we have Isabelle Fritz from Northern Michigan University as well.

AdSim Hall of Fame

Congratulations to all our new entrants! Well done on this outstanding achievement. We wish you all the best!

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September 2018 Entrants in the Multi-Player (All-Time) Hall of Fame

We have 7 new entrants in the Multi-Player (All-Time) Hall of Fame!

A big congratulations to Spencer Hesseling of SAB Inc from Des Moines Area Community Community College for landing the 4th spot in the MikesBikes Intro Hall of Fame! We also have Rabin Rimal, Dilasha Karki, Anjila Sharma and Birendra Chaulagain of Himalayan Carpet from King’s Own Institute who managed to rank in the 15th spot.

In the Music2Go Hall of Fame,  we have several teams and students who managed to land the top positions in the Hall of Fame!

Rank	Date	Institution	Firm	Team Members
3	Jul-18	University of Utah	Thecrew	BISHOP, JOHN STEVEN
6	Jun-18	University of Utah	Firm5	BAGNELL, BRET
17	Jun-18	University of Utah	Phase-X MP3 Players	JOHNSON, BRET
12	May-18	Waikato Institute of Technology (WINTEC)	Winner	Bihao Shi | Nan Li | Santosh Basnet
13	May-18	Waikato Institute of Technology (WINTEC)	Simple	Lin Wang | Xiaoqin Du | Junnie Gan

Well done to all the students who made it to the Top 20 Hall of Fame! Congratulations and we wish you all the best!

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April 2018 Entrants in the Multi-Player (All-Time) Hall of Fame

In MikesBikes Intro, we have 7 new entrants from Des Moines Area Community College, Westmoreland Community College and Fanshawe College!

In the number one spot, we have Joseph Powell from Des Moines Area Community College who managed to achieve a Shareholder Value of $1,032.09  in only 8 rollovers!

Rank	Institution	Firm	SHV	Team Members
1	Des Moines Area Community College (DMACC)	19BikesINC	$1,032.09	Powell, Joseph
5	Des Moines Area Community College (DMACC)	JP Bicycles	$424.98	Patterson, Jack
12	Des Moines Area Community College (DMACC)	Vakn	$360.31	Borsay, Nicholas | Creighton Crum, Ashby | Phan, Kha | Vang, Ngun
13	Westmoreland County Community College	Superior Bikes Inc.	$356.25	Shirey, Justin M.
18	Fanshawe College	Bichael Kors	$343.16	Craig Cooke | Calvin Catherwood | DAndre Austin | Amir Sandhu | Lex Veniperen
19	Des Moines Area Community College (DMACC)	Pedals 4 Proles	$334.00	Adams, Trevor
20	Des Moines Area Community College (DMACC)	Tundra Bikes	$326.88	Van Sloun, Katie

In Music2Go, we have two new entrants from University of Utah! At 5th place, we have Bret Bagnell who achieved a Total Marketing Contribution of $1,498,343,191 and Bret Johsnon who achieved a Total Marketing Contribution of $1,194,130,439 at 16th place.

Last but not the least, in AdSim we have a new student who managed to land the #1 spot in the Hall of Fame! This spot has been unbeatable for the past 8 years and Ashley Johnson from Delgado Community College did it. She achieved a Total Marketing Contribution of $1,347,276,558. In 13th place, we also have Ty Anderson, also from Delgado Community College who achieved a Total Marketing Contribution of $922,602,019.

Well done to all the students who made it to the Top 20 Hall of Fame! Congratulations!

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2 New Teams Enter the Hall of Fame!

We welcome 2018 with two new teams entering the MikesBikes Introduction and MikesBikes Advanced Top 20 Hall of Fame!

Congratulations  to Primatech Bicycles with Wayne Burch, Jarrett Hopewell, Courtney Nordin and Carter Nordman from Des Moines Area Community College for landing the 11th Place in the MikesBikes Intro Hall of Fame!

In the MikesBikes Advanced Hall of Fame, we have a team from Baker University, ZMB Entreprises LLC with Robert Farrell, Zachary Phillips and Michael Muhlbaier who managed to land the 9th Place!

Well done to both teams for this outstanding achievement! Best of luck in your future endeavors!

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7 New Teams Enter the Hall of Fame!

We’re only halfway through the month and we already have six new teams enter the Top 20 Hall of Fame!

Coming in at the highly coveted Number 1 spot in the MikesBikes Intro Hall of Fame, we have Funday Bike Parade, with Baird Connor, Daughtey Benjamin, Goodwin Declan Pearson Sean and Westry Najiyah from Virginia Commonwealth College. We have also interviewed the team about their achievement, so keep an eye out on that! In 14th place, we have Speed Wheels with Nathan Cook from Des Moines Area Community College.

In MikesBikes Advanced, we have a new team from Selkirk College coming in at 10th Place. We have Arthur Inc with Dohyun Kim.

Last but certainly not the least, we have three students who smashed the Music2Go Hall of Fame! We have,  Jordan David Nilsson of Jordan Nilsson Inc coming in at third place. We have Miguel Perez of aMusiced at 12th Place and Rhett Steele Jessop of Steele Inc at 16th place. They are all from University of Utah. From Waikato Institute of Technology, we have MenPower with Jack Zhang, Henry Chu and Daniel Wang coming in at 10th Place!

A big congratulations from all of us here at Smartsims! This is such an amazing achievement. We wish you all the best!

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9 New Entrants in the Hall of Fame

June, July and August brought out a new first placer in MikesBikes Introduction and a whooping six teams from University of South Florida took over the AdSim Hall of Fame! A big congratulations to our new entrants!

In MikesBikes Introduction, we have in 1st place, Dashcycle from King’s Own Institute. The team consisted of Adeel Malhi, Ahmed Nawaz, Hafiz Jawad Ahmad Malik and Ikhlaq Maqbool. In 5th place and 20th place, we have students from Des Moines Area Community College (DMACC), Nicks Bikes and MRAT Cycles respectively. Nicks Bikes consists of Nicholas Millea and MRAT Cycles consists of Kelley Scott.

In AdSim, we have in 2nd place, Snapshot Inc, consisting of Samantha Salamino, Laura Mataitis and Joseph Cappy. In 3rd place, we have Digital Visuals, consisting of Andrew Bustamante, Sabina Jakupaj, Hilary Wedner and Parker Vansickle. in 11th place, we have Solange Gorleku, Waldir Ortiz and Blair Brooks. In 16th place, we have Picture Perfect from Angel Lathrop, Amanda Schoenberger and Eric Busch. In 17th place, we have Aperture Inc. consisting of George Pasteur, Zeynep Minareci, Elizabeth Lowery and Birttany Schoenberg. In 18th place we have CaptureIT, consisting of Amber Langdon, Laura Ricciardone, Trevor Gunn and Jeremy Singh.

Well done to all the teams who made it to the Top 20 Hall of Fame! Congratulations!

If you would like to view the Hall of Fame, click here.

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16 Teams Enter the Hall of Fame!

Success does not lie in “results”, but in “efforts.” Being the best is not so important, but “doing” the best is all that matters.

April 2017 is a record-breaking month with 16 teams entering the Top 20 Hall of Fame!

In MikesBikes Introduction we have a whooping 9 teams enter the Top 20 Multi-Player Hall of Fame.

Des Moines Area Community College took 5 spots in the Top 10, including the 1st place! The new leader in the Hall of Fame is Gehling Inc. ran by Austin Gehling. Coming in at 4th place we have DankKongHarambeSwag ran by Luke Stillwell. In 6th Place we have BikesRUs ran by John Marcurella. In 8th place we have Pro-One Bicycles  ran by Garrett Peterson, Drew Synder and Terrance Wimmer. In 10th place we have Firm4 ran by Jade Hols.

Coming in at 10th Place, we have Spark from Nova Scotia Community College, ran by Janey Lee MacLean and Dana Welsh. In 12th Place we have Firm 1 from St. Francis Xavier University, ran by Matthew Halciopoulos, Jared Pauls, Ethan Tse and Chris Verheyen. In 13th place, we have Road Ragers from Virgina Commonwealth University, ran by Michael Blackwell, Andrew Eldrige, Hue-Nhi Nguyen and Brandon White. Last but not the least, we have another team from Virginia Commonwealth University at 14th place is PedalHeads. The company is ran by Adam Brittain, Victoria Colbert, Patricia Messenger and Jason Theriault.

In MikesBikes Advanced we have 3 new entrants in the Top 20 Multi-Player Hall of Fame!

Coming in at 11th place, we have Power in Motion from Hartwick College, ran by Shaheen Shaghaghi, Elena Kotanchyan and Gina Grauer. In 14th place we have Velocipede, ran by Jeffrey Gaff, Deandre Gamble and Christopher Rugen. In 16th place we have Pedal Pushers ran by Kendall Mclendon, Brandon Stump, Sarvin Tavakol, Clayton Vedder and Ashlie Wilkinson. Both teams are from Middle Georgia State University.’

We also have 1 new entrant in the Single-Player Hall of Fame. We have Yiqi Chen in 10th place from the University of Auckland.

In Music2Go we have 1 new entrant in the Multi-Player Hall of Fame. From University of Utah, we have Reverb Inc at 4th place. The firm is ran by Logun Williamson.

Last but certainly not the least, we also have 2 new Single-Player Hall of Fame entrants in AdSim. In 13th place we have  Prestige Pictures ran by Johnny Grayvold. In 15th place we have Groll Inc. ran by Alyssa Chomiczews. Both students are from Northern Michigan University.

A big congratulations from all of us here at Smartsims! We wish you all the best.

If you would like to view the Hall of Fame, click here.

The second quarter Hall of Fame update is now up in our website. We have a number of new entrants for this quarter and one of them being, “Evil Geniuses” with Mohammad Sohaib, Shehzad, Sifat Khan, Kajol Rai and Sony Tamang from King’s Own Institute who landed at third place in the 2019/2020 Hall of Fame and eighth place at the All-Time Hall of Fame.

We have interviewed the team, represented by Mohammad Sohaib. They shared their experience using the simulation in their Business Project course, the challenges they faced, their strategy and advice for students doing MikesBikes Introduction.

What was your strategy going into the simulation?

Evil Geniuses had a straightforward strategy of investing early and obtaining pay off later in the game.

How did you begin implementing that strategy?

We invested higher in Advertisement and PR depending on the product we launched and did not spend any additional budget on areas that had low sensitivity.

How did you familiarize yourself with the simulation?

We practiced in the Single-Player and used the Live Forecast feature often to work on obtaining the best results.

How would you describe the competition?

The competition was fierce. However, we had a goal of achieving a top position in class and at the Hall of Fame.

What resources did you pull on to develop your winning strategy?

There was enough assistance within the simulation itself, including the Market Summary and Year Ahead reports. Our tutor, Rex Walsh has helped us as well. So it all came together with our efforts as well.

What challenges did you face?

During the 5th until the 7th rollover, our team was behind our closest rival. It really made us apprehensive. However, we managed to pull through as a team and succeeded at the end.

Was there anything in particular you did that you think helped to prepare yourself?

Our advice is to collaborate with each other. Listen to each other, look at what your competitors are doing and from there, develop a strategy. It is also important to practice in the Single-Player and make use of the Forecast features in the simulation (Live Forecast and Forecast Results Reports).

Comments on your experience with the simulation itself.

I personally found the simulation to be quite amazing. I have also enjoyed having a real world experience of running a company through MikesBikes.

Any benefits you feel came from a course with a business simulation incorporate into it rather than pure theory based?

Apart from being able to work as a group, it was an extraordinary chance to apply my knowledge in a competitive environment, which mirrors what it’s like in the real world.

Check out the latest Hall of Fame update.