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 investment strategy and we have a strong bias that favors value over luxury. We treat your money and time the same way we would treat our own. 

The second definition is an even better fit.  The Law of Parsimony (also known as Occam’s Razor) is "the problem-solving principle that the simplest solution tends to be the right one."

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 is our goal to help 1,000 companies 10x their sales.  

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."