Have you ever played Monopoly? This classic board game is based
on the acquisition of wealth through buying, renting, and
trading real estate property using play money.
Have a go at it, and you'll be surprised how much it can teach
you about running a successful business online. I discovered
eight helpful pointers for you to start with.
Let's get started...GO!
Everybody begins on a level plain. You get the choice of token
to mark your place on the board. Usually I pick either the
wheelbarrow, terrier, or ship. Not a surprise if you know that I
enjoy gardening, dogs, and the sea.
Whether it's based on aesthetic appeal or affinity for what is
being represented, your personal choice is one initial triumph;
an essential 1st step into the game!
Lesson #1 Start With Something You Like
This simple technique creates a winning combination for your
business. You have firsthand knowledge and experience in a niche
that fascinates you, and you impart this with so much excitement
that you're Audience can't help feeling the same!
Interesting people are people who are interested, as the saying
goes. Furthermore, your passion for the subject will drive and
motivate you through the daily routine of running and growing
your business.
With the roll of the dice, the race begins! Whether or not you
have an idea on how to proceed, your biggest challenge will
involve skill and a bit of luck.
Lesson #2 A Little Luck Never Hurt Anyone
With the dice, many say it's in the wrist. But whichever way you
put it, everybody could use a bit of it every now and then. Some
are luckier than others, landing on squares of opportunity and
free cash. Others land on rent after bill.
It's not altogether different in Internet marketing. I've landed
on losing squares because I didn't use my head. And sometimes I
happen to sign up for a newsletter just when they launch a
pre-release discount for a product I just happened to need at
the time.
Lesson #3 Lay Out Your Game Plan
You can tackle this game in many different ways, but you need to
establish a game plan. If you're the independent type, you might
want to learn from scratch by playing around with ideas. All
systematically, of course.
Focus on the small groups and move up from there, luck with the
dice notwithstanding. Or make a beeline for prime properties and
keep building houses and hotels for long-term profit.
You can choose any number of combinations with which to proceed
and have a go with it, but be prepared to play many times over!
It is the only way you'll know what works for sure.
And sometimes, the smarter way to go is by asking someone who
has played the game and always come out on top. You will still
have to play it yourself, of course, to make little improvements
until it works right for you.
No matter how you develop your game plan, be sure to follow it
through. Persistently. Consistently. Systematically. Don't get
easily distracted if something new happens to land on your lap.
If it's consistent with your plan, you've struck on luck!
The same goes for running your business. You can save yourself
plenty of time and heartache by adapting proven methods from
those already successful before you. They've been around the
block enough times to know what works and what doesn't. All the
same, blend in your own personal twist until it works for you.
Lesson #4 You Gotta Spend Money to Make Money
What do you do once you land on an opportunity square...pass? I
would be hard-pressed to name anyone who hops around the board
without buying a single property!
Maybe the first few rounds won't be as rough since the game has
just begun. Nobody has yet put up houses or expensive hotels on
their properties. Rents are not yet so high. Maybe you'll get
lucky on the Community Chest or Chance cards. And you'll even
make it to GO. That's another $4000 in the bag. With time,
however, you'll find your wallet empty as you hop from house to
hotel.
At this point, you might begin to regret all the passed
opportunities you let slip through your fingers. Monopoly is
about investment and return! Lest you forget, your wallet will
remain empty.
In online business, a free ride is alright. Many people have
started out this way. But bear in mind that your business will
need prime web real estate and a marker (www.yourbusiness.com/ )
to go with it, if you're at all to be taken seriously. Else your
credibility, image, or reputation will suffer before you have
the chance to even build it.
You don't have to spend on everything right away. Just the
essential tools that your market sees: website, autoresponder
messages, list management, etc.
Lesson #5 Jail Time Does Not Pay
Other players get ahead and beat you to the prime squares.
You'll waste what little resources you have, trying to get out.
The Internet is no different. While nothing compares to learning
your lessons the hard way, you'd be much better off learning
from other people's mistakes. At such a critical stage when
you're just starting out, your reputation cannot easily be
repaired once shattered, whether by SPAM or other unethical
business practice. Establish a code of ethics and faithfully
stand by it!
Lesson #6 Give Back to the Community
The Community Chest card usually collects donations, taxes, and
other related fees to keep the monopoly community (a.k.a. the
Bank) intact and progressive.
The Internet community requires no different. While you do have
bills to pay -- we all need to make a living! -- the mechanics
of buying and selling exists as a well-oiled machine because of
the interaction and exchange of information without constant
thought for personal profit.
Go pro bono once in a while. Help for the sake of helping.
Answer questions and offer practical advice in the forums and
discussion groups. Write articles offering valuable information
from your own knowledge and experience. How about some free
products?
Lesson #7 There's Always a Chance to Start Over: Pass GO, and
Collect $$$
GO is a place of refuge. Passing it always comes with a sigh of
relief! An excellent time to examine property cards and glance
at the status on the board. Assess your progress. Make necessary
adjustments in your plan: acquire properties to prevent others'
monopoly or add to yours?
Going back to square one is also ideal in Internet marketing. It
is an opportunity for you to re-group. Assess your progress,
based on your plan. Are you keeping your time-schedule? Are you
accomplishing the tasks you've set out to do?
Where does your business stand at this point in time? Step back
for a moment and look at the big picture. You can then make the
necessary improvements. You can also modify your game plan for
better results.
Lesson #8 Your Attitude Makes Your Game
How do you deal with bad luck on the dice, when you're
constantly landing on properties that demand staggering prices
for rent? Do you resign before you even try to get back up? Or
do you give yourself that little pep-talk and play on?
What is your business attitude? It's important to make a stand.
How you choose to deal with the demands of your business and its
problems, determines your chances for success.
Even in its varying degrees, success ultimately lies with you.
It is in your hands. If that is what you want, you have little
choice but to develop the attitude for running a successful
business.
Identify your capabilities and compensate for your weaknesses by
improving on your strengths. And always, always always...adapt
accordingly!
The stakes are high. And your only opponent in the end, is
yourself. What's your game plan?
Go ahead. Roll the dice. Opportunities await. And GO is never
far from sight.
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Article: Internet Marketing Sense: 8 Lessons A Classic Board Game CanTeach You About Running Your Online Busi Author: Margaux Alhanen Publication Date: 2008-02-01 Total Views: 359 Word Count: 1,187 Category:Home /
Business / Internet Business