<p>Every strategy game makes you plan and think, therefore, it has a positive influence and can be applied to the real life situations. The Monopoly board game is 80 years old, and is available in almost 50 languages, and sold in over 110 countries. This shows that, though the gameplay itself is entertaining, there is a reason more why people decide to buy it. The lessons it provides in the real-estate field are valuable if you think of them as a guide system for your business.
People behind FSND, including myself, organize the conference devoted to this table game for the third time now in 2016. Here, all the participants play it and later interact and comment together, leading to certain conclusions. The members are divided into three different groups, and each one competes in a different type of special free Monopoly slot machine in an event. Some of the pieces of advice we brought up at the last two summits, and will discuss again in 2016 are:
- 1. Invest Smart. The Monopoly gameplay starts with $1500. This is not by coincidence – when it was launched in 1935, this was the average household income. If you make wise investments, this amount may become much larger by the end of the game. This takes saving the money but also being smart enough not to invest it in only one property. One color field in Monopoly is not enough to win, even if you have tens of hotels placed there. The real-estates are also affected by the plane luck, so spending the cash on more estates gives greater chance for at least one investment to succeed.
- 2. Debt Controls Your Life. Once you are in debt, you start working just to pay off the fee and is hard to get back to the surface again. Not only is this affecting your lifestyle, but it gives leverage to the competitors. Let’s see how this example works in Monopoly. You mortgage a property, which makes it a collateral for the loan you have in the bank. Therefore, you automatically lose the income coming from it. This gives your bank the right to sell the property, leaving you with no cash coming in, plus the possibility of losing your house, hotel, etc. In this process called foreclosure, you are likely to lower your credit rating which affects the ability to buy new properties.
- 3. Exclude The Emotions. Have you ever met a wealthy person who is not confident and doesn’t know how to make deals? Probably not. This is because every successful working man knows how to do business, most importantly, without including emotions. This means investing only while you are clear-headed. How can Monopoly teach you this? For example, you play with a dear friend and know that you are doing better than him, while he feels nervous and is losing all the money. You start feeling sorry for him which reflects badly on your gameplay and gives him an advantage. The same is in a real life, don’t let the emotions take control.
We plan to include more subjects that will explain how to interact with potential buyers and sellers, when is the right timing for buying, and more. The most important thing for participants is to ask themselves after every unsuccessful game – why did I lose? The real advantage of Monopoly is that it is fun, gives real life lessons, and yet it is played with fake money.
The author of the article is a writer of agatheringofleaders.org provided to make players get acquainted with free slot called “Monopoly”.
