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AI James Altucher


10 learning from chess that can help managers manage teams

    1. The importance of psychology

    In chess, the quality of your moves is irrelevant if you don't think about the psychology of your opponent.

    2. The importance of preparation

    In chess, there are no surprises. You have to study all the games that your opponent has ever played and you have to study all the games that you have ever played.

    3. Patience

    In chess, patience is key. Don't do anything too quickly. Look at the long term and make sure every move is a step towards winning.

    4. Variety in your game

    Variety in chess comes from knowing how to play different openings and different types of middlegames and endgames. In business, variety comes from having multiple skills and being able to switch between them as needed.

    5. Concentration

    Concentration is hard in chess when playing against a strong player but concentration is crucial for success in business as well.

    6. Dealing with Losses

    Losses are inevitable in both chess and business but it's important not to let losses affect future decisions. In both instances, it's important to figure out what went wrong so you can improve but also important not to dwell on it or else you'll never move forward.

    7. Continuously improving your game (or career) by studying old losses (or failures) and figuring out ways to avoid them or improve upon them

    This is called "chess improvement" or "career improvement"
    It takes time but eventually it happens if you work hard enough at it

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