The first definition of Parsimony is “an extreme frugality in the use of resources”. And that is somewhat true. We are a scrappy crew that is very cautious with our money and has a strong bias that favors value over luxury.
But the second definition is a better fit. The Law of Parsimony (or Occam’s Razor) is "the problem-solving principle that the simplest solution tends to be the right one” (Thanks Wikipedia!)
The job of running a business (the definition of any job really) is all about solving problems. And at Parsimony we love to solve problems for marketplace sellers so that they can become the successful entrepreneurs that
they dream of. It really is our goal to create 10,000 millionaires. Here is how we do it:
Single source of truth: It all starts with a master database that seeks to hold a record of every transaction, selling price, product cost, customer interaction and more. You will never have to hear “Well
that other system says something completely different." You will have a single source of truth.
Data vs Information: Now that we have all the data, Parsimony will convert it into something much more valuable. Information. Information is the Difference that makes a Difference. Did something change?
Let’s take action on it. Are we going to run out of stock?, here is how much to buy, what you paid last time, and when you can expect it. Did something go wrong? Here is the date and time that the change
was made and who made it. Let’s get it fixed and document the proper procedure.
Power of Parsimony: One system with all the Tools that you need to run your business and it all works on a single database so you have a Single Source of Truth. You can make decisions with confidence and trust
your team to do their jobs. In short, you let the systems run the business while you and your team run the systems. And if you ever decide to exit the business, you don’t hand off a dozen different logins to systems
and hundreds of different spreadsheets. You give one login to the new owners and say “It is all in Parsimony."
President and Co-Founder
we live by it
We believe in fun.
We believe in winning.
We believe in the Golden Rule.
We believe that life is a team sport.
We believe in long-term relationships.
We believe Entrepreneurs are changing the world.
We believe in putting our name on everything we do.
We believe Entrepreneurs make the world a better place.
We believe a winning Strategy is a prerequisite to success.
We believe in PEOPLE: Our members. Our team. Our partners.
We believe in doing the right thing; even when nobody is looking.
We believe technology is just one way to empower Entrepreneurs.
We believe Entrepreneurs add to, not subtract from, the world we live in.
We believe systems should run the business and people run the systems.
We believe that everyone is best when they know and use their strengths.
We believe even the best strategies require excellence in tactical execution.
We believe in discipline. We’re willing to do whatever it takes to achieve our goals.
What do you believe?
AMZ and Beyond Mastermind
Herradura, Costa Rica Feb 13-20 - Steve Simonson / Speaking
Seattle WA, USA TBD - Hosting
Traffic & Conversion Summit
San Diego, CA USA Feb 25-27 - Attending
Las Vegas, NV USA Mar 17-19 - Attending
European Sellers Conf
Prague, Czech Republic Mar 28-29 - Steve Simonson / Speaking
Las Vegas, NV USA Jun 21-23 - Attending
ERPNext Conference 2019
Mumbai, India October - Attending
Intro to Parsimony
we’ve got passion
Meet Our Team
CEO and Founder
You can have everything in life you want, if you will just help other people get what they want.
Steve Simonson is an lifelong entrepreneur having founded, purchased, built, and sold numerous companies over the past 3 decades.
Along the way, Steve's companies have been publicly recognized with three consecutive years on the Inc. 500 list, multiple listings on the Internet Retailer Top 500, Washington State Fastest Growing Business as well as a number
of other company accolades. Steve was also a finalist in the Ernst and Young Entrepreneur of the Year Award.
Steve brings his deep expertise as a leader and operator at many companies which he has taken from start-up to exit.
His company operations today are managed through his holding company: SymoGlobal and his FREE entrepreneurial support site Awesomers.com and the exclusive mastermind group Catalyst88.
In 2019, Steve’s focus will be on two new entrepreneurial focused startups. Parsimony is a complete ERP system for ecommerce entrepreneurs. The new Empowery eCommerce Cooperative is a member owned COOP designed to help
members gain access to products, services, and community they need while banding together to save money.
Steve is especially passionate about entrepreneurship and is inspired by the great Zig Ziglar quote: “You can have everything in life you want, if you will just help other people get what they want.”
President and Co-Founder
Go. Be. Strong!
Michael has been involved in ecommerce since building his first transactional website in 1998. Since that time he has used his expertise to help multiple companies find success on the Internet.
He was COO of iFLOOR as they grew from startup to $50M in sales in 5 years and was Director of Marketing for ATG Stores (now part of Lowe’s) for their journey from $50M to over $100M. Since that time, he has founded his own
companies and brought his expertise to a half dozen other ecommerce companies. In 2019, Michael will be focusing on a new entrepreneurial-focused startup, Parsimony.com, which is a complete ERP system for ecommerce entrepreneurs.
Michael earned his MBA in Finance and Marketing from Ohio State University. He and Jennifer, his wife of over 30 years, have the two best boys in the world and live in Bellevue, WA just east of Seattle. His battle cry is “Go.
Let's face it, ERP software is all about function. But that doesn't mean it can't be stylish too. Help us to create attractive experiences that will make users LOVE their work.
what we’re doing
Idahoan e-Commerce Pioneer Returns to Recruit for New Software Venture
IDAHO FALLS, ID — February 27, 2018 — Parsimony.com, co-founded by Idahoan e-commerce pioneer Steve Simonson, will be recruiting for a variety of job roles in Southeast Idaho at next week’s Career Fair in Idaho Falls. Working with
Parsimony’s President and co-founder, Michael Pinkowski, Simonson intends to give more Idahoans access to 21st century jobs and the global economy. Parsimony.com is a platform that enables Amazon Sellers to run their entire businesses
through a centralized software interface.