5 lessons of “Monopoly”

Since childhood, my favorite board game was the legendary “Monopoly”, and in its most classic version. The box was always labeled “training entrepreneurship”, for me it was just an excuse to combine business with pleasure.

Years passed, I grew up and already began to build my own “monopoly”, but recently I was in a country house where grown-up women and men who themselves know firsthand the principles of business, played the children’s game with great excitement at the end, throwing away poker and billiards. What do adults find in the board game? What strategies lead to victory not only in the fictional world, but also in real life? I identified five basic business ideas that the game “Monopoly” teaches us.

1. Time is your best ally or worst enemy

The first thing that Monopoly novices understand: the faster you run ahead, the more you have the streets and opportunities.

This is so, because all the most successful acquisitions are usually made for the first rounds. However, after the first rounds beginners usually slow down and even sometimes prefer to “sit out” in the gaming prison, so as not to get into the streets of rivals. As a result, they “do not pass the field” Forward “and do not receive 200 thousand” and sooner or later lag behind competitors because of their slowness. So people who have achieved a certain success begin to slow their ambitions, swim with fat and stop improving themselves.

When you decide not to plan new training or give up ambitious goals, remember that every task and any new experience is yours field “Forward”. A powerful early start in life and career is very important, but it does not guarantee success in the future if you do not save the fuse for the whole game.

Unfortunately, in life there is no single starting sum for everyone and everyone starts with their capital of knowledge and assets, but time is the asset that is fair to everyone. In the end, no matter how lucky you are at the start, it’s much more important what you do on the home stretch.

2. Read the instructions and laws

The rules of “Monopoly” are quite simple, but they take five turns from both sides of the booklet in small print. Business rules and laws in the real world occupy much more paper, but in the children’s game, and in life their observance is mandatory.

Moreover, if you know them and easily notice the subtleties, then luck will be on your side: you avoid fines, do not take unnecessary steps, after all, you do not go to jail. For example, only experts on rules can skillfully catch opponents on the bargaining.

As in life, you can try to contrive and break the law, but will this strategy to victory without loss of respect from others? It is much more reliable to know and comply with the laws, taking into account all loopholes and benefits, but there are always more of them than it seems.

3. Luck is only a part of success, and not the greatest

“Oh no! Again you bought the right street for me, the whole game is built only on luck! “- this can often be heard at the gaming table, but in life such statements can be heard at every step.

In fact, when there is not enough luck that it is impossible to win, or at least stretch out long enough, it simply does not happen. It all depends on the ability to negotiate and properly dispose of their property.

Lucky you or not, if your knowledge and skills are good enough, then you will hold a decent game, but no one likes whiners. Luck exists, but, as it was said in the advertisement of one alcohol brand, luck is an attitude.

4. Agree and win, keep silent and lose everything.

You have two streets of yellow color, and your neighbor has one yellow, and the same situation with the orange ones? This is an occasion to agree! You will be surprised, but even in such a simple game the choice between “negotiating” and “staying silent” is the majority of people who will do the second.

It’s just that the psychology of people is arranged, we generally do not like to agree. A good speaker exchanges the streets so that he leaves everyone with a nose, but they will understand this only after the speaker has won. However, remember that the ideal negotiator will do so that even if all but him, lost as a result of the exchange, then no one will remain in the grievance.

The win-win strategy, used by Harvard school negotiators, has long been a benchmark for business.

Even if you can win only one, this is not an excuse to deceive your partners in the game.

In addition, the lie, flattery or other tricks below the belt during the game become obvious and strike a reputation, which is difficult to soften even after the game is over.

If the dispute about the methods of negotiations can be continued for ever, then everyone agrees with this fact: if you remain silent, you will definitely lose and lose everything sooner or later.

The only way out, as in life, is to have a permanent dialogue, learn to negotiate and take into account the interests of both sides.

5. Learn to count!

The cost of buying a street, the cost of buying houses and hotels, the rental price – all this is only part of the figures that need to be compared in order to understand the essence of the asset. Of course, you can just play at random and collect all the streets that only get to you, but if your opponents know how to count, then no luck will help you.

In addition, “Monopoly” contains several traps of prestige. Beginners think that the streets of the dark blue category are the most prestigious, and therefore the most desired from the very beginning of the game. However, they do not take into account the high threshold of entry into business, because the cost of the streets themselves and the construction of houses on them is also the highest. In addition, there are only two streets, which means that there are fewer chances that somebody will get on them.

Many players occupy a good half of the table in order to decompose all assets acquired during the game, but as soon as they have a street, they do not know where to take money for houses, without which it is impossible to win at all. But the money in front of them: lay unnecessary property and get what you need. So in life: often entrepreneurs complain about the lack of starting capital, having a significant income from work, but driving it to luxury instead of development.

Even in the board game, which children in general can master from eight years, there are many financial indicators that need to be able to correctly apply. Need I say that there are more of them in life, but the most important is to be able to operate at least the simplest. You need to be able to distinguish prestige from profitability and learn make good use of your assets. This is even more urgent if things are not going well for you.

At the end of the game, someone became a winner, and someone lost, and here “Monopoly” is powerless. Perhaps, the most bitter knowledge since childhood was defeat. I was very upset when I lost in the competition, and I always took it as a failure. At the university, I began to try myself, opening up small start-ups, but they all failed quickly.

In fact, every defeat was an excellent lesson for me, and much more valuable than winning. So in Monopoly: every new game allows you to try a new strategy, in case of defeat you know exactly what you did wrong.

If you lose and you do not like it – just shuffle the cards, return the streets to the bank and sit down to play anew. Everything will turn out, because now you know how to win!