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Topic: No Correlation Between Academic Success and Financial Success - page 3. (Read 571 times)

full member
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When I see people making statements like the topic you just created, it amazes me seriously. One thing most people have failed to understand is that most alpha students who did well at school were successful because of their diligence and commitment to their academic work.  Most of them are individuals who have made a core statement never to be an average person in whatever field they venture into and this guides and helps them to always stand up tall and strong wherever they find themselves.

I have seen brilliant individual who were outstanding while in college and when they came out to the big society, they were also doing very well for themselves. The only issue with some of them is that they might be too relaxed with the feeling of accomplishment but the ones that understand what the struggle is all about, you can't bench them in any field they venture into.

The major reason why the other student that wasn't serious at school suddenly starts doing well in the circular society is majorly because most of them feel that they have failed in school and will do everything possible never to fail in the real world.

But this is the reality that I have found about either the alpha student or the one that wasn't all that serious while at school; if you don't make the conscious Decision that you are going to put tin the needed effort to become successful in life, you will remain stagnant and outdated with time and the person you might have written down on that later has a change of mind along the way will become your employer in the nearest future
hero member
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We have seen that it has been debated that there are more A students who work for C students or there are C students who earn more than A students. Personally I don't believe any of this premise. What I believe is that it doesn't matter whether you are an A student or have a high IQ. Rather it's about having the courage to venture into unchattered territories, including taking calculated risk and making the most of the opportunities that lead to high income. In our society today and in the past, the people who have demonstrated audacity and capitalized on privileged advantages to undertake risky yet lucrative business ideas are the ones who end up being of great influence and earn more. Do you agree?

fastercapital.com/startup-topic/Taking-Calculated-Risks.html

Many smart people are introverts and the current society doesn't favor introverts.
The society favors extroverted people with really good social skills and lots of energy.
I guess that this study is about former students and not people, who are currently studying at a college/university.
I wouldn't be surprised if many introverted A students are working for extroverted C students.
Other important factor that should be taken into consideration is looks.
The society favors good looking people over people with bad looks.
An ugly(and yet smart) A student could be working for an attractive C student.
Good looks and good social skills will always dominate over high IQ. This is the society we live in. Sad
legendary
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There is a strong correlation between academic success & financial success although it is not absolute. Generally higher levels of education tend to lead to better job opportunities & higher earning potential. It’s important to note that other factors such as personal skills, networking & economic conditions can also influence financial success. While academic achievement can provide a solid foundation it is not the sole determinant of financial success. A combination of education, skills & opportunities play a crucial role in achieving financial prosperity.
sr. member
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The relationship between academic success and financial success cannot be eliminated, even if the person who succeeded financially does not have an academic qualification.  A large percentage of those who were successful in many fields were working outside their field of specialization, nor was a large percentage of those who succeeded in more than one field without having any academic training.
Each person has a way of achieving success that is different from others, there are some people who achieve their success through academic channels and there are also those who achieve their success not through academic channels but by working hard according to the skills they have.

Academic success as in getting As in college or graduating with Latin honors isn't what determines one's future. It could be an advantage in one way or another but it isn't a prerequisite for success. Those who merely passed in college aren't necessarily at a disadvantage in life.

However, all this doesn't equate to education not necessary for a successful life. Whatever success means, getting education means a better life than without it. Academic success and education are two different bananas. Some are saying education isn't actually important to be successful. They're wrong.
For those who have good abilities in the field of education and are also the best graduates, this will not necessarily mean they will be able to get a job according to their wishes, because the world of work is very different from the education they get at university.
I agree with you, everyone needs education to achieve the success they want and for those who can achieve success not through education, of course they have a lot of experience in that field so they can achieve success.
hero member
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Every business journey is unique, and formal education can also provide a strong foundation in many cases. So it's true as you said above. Success in running a business or business for me is more about how we focus on improving performance and one more thing on increasing partners so as to create new opportunities and support business growth.

Formal education can only help us in very general matters of life and also in socializing with the surrounding environment, whereas for business performance I think this is something that must be obtained purely through practice and direct experience through our own actions in life. Because from the many businesses that have developed as a whole, everyone can see that they are all always working hard at all times to get maximum development, so partners are really needed to have support to keep the business running well.

I will not mix educational matters with business matters for someone or for many people, because business can be the final goal for many people after they get an education or after they work for someone else relying on the educational path they have taken throughout their life. So these two things actually have to be separated from each other, even though business also requires knowledge, which knowledge is obtained through education, but there is also knowledge obtained through the environment in particular which is never in the education curriculum.
sr. member
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There is a correlation, but the line is slowly blurring as more people and companies pursue skills and experience over degree and where you get your diploma from.
I agree for the most part. "Colleges are scams" is becoming a popular phrase nowadays but I would argue that there are still high paying jobs that cannot be taken by someone without getting a degree from school first and then getting certification. Lawyers and Doctors are good examples of those.
hero member
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Absolutely, many academically successful individuals tend to prioritize building their careers, often seeking positions in large companies for job security.

However, the reality is that financial success often involves more than just working; it requires venturing into business where your money can work for you. But these people having their academic success, many of them are afraid in taking risks, a crucial element in running a business, so if they are afraid, they won't be able to achieve financial success.
It's not that they are afraid but they are only playing it safely. Just like in trading, we don't want to play it blindly because it will look like a gamble already. We should educate our selves first. And you already said that they always seek positions. So, isn't that taking a risk? Work can be defined in different ways. The one you said there about venturing a business is also a type of work.

Even the financial success can also be defined in different ways; some of us feel that we are already successful financially, once we saved up and manage our finances or expenses really well. those who have a higher expectation/goal, they can go beyond that that.
legendary
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The real world is a harsh place, and it doesn't care about your grades. Students who previously excelled in their classes may have difficulty finding jobs or businesses because they don't have the skills needed to succeed in the real world.
Meanwhile, C students can excel in business and work. They may have the soft skills needed to succeed in the real world, such as communication, problem solving, and teamwork.
Additionally, people who have not finished university sometimes become successful businessmen. They may have creative ideas and the ability to implement them. They may also have an entrepreneurial spirit and be willing to take risks.
Of course, studying is important. It gives you the foundation of knowledge and skills you need to succeed in the real world. But it is not the only factor that determines your success.
The lessons we learn today often combine theoretical understanding with useful skills. Aren't we stuck in the old idea that the best kids don't know how to handle themselves in the real world? The truth may be more complicated: smart people who do well in school often have critical thought skills that are useful in any field

Also, "C students" or losers' success isn't just due to soft skills or taking risks. Isn't the part of resources, networking, and sometimes just plain luck being missed? Success stories about people who dropped out of school are interesting, but aren't they the exception, not the rule? In the vast majority of situations, doesn't schooling give you a big edge in a competitive world? In fact, education and experience don't work against each other; they work together to help people succeed
sr. member
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The real world is a harsh place, and it doesn't care about your grades. Students who previously excelled in their classes may have difficulty finding jobs or businesses because they don't have the skills needed to succeed in the real world.
Meanwhile, C students can excel in business and work. They may have the soft skills needed to succeed in the real world, such as communication, problem solving, and teamwork.
Additionally, people who have not finished university sometimes become successful businessmen. They may have creative ideas and the ability to implement them. They may also have an entrepreneurial spirit and be willing to take risks.
Of course, studying is important. It gives you the foundation of knowledge and skills you need to succeed in the real world. But it is not the only factor that determines your success.
hero member
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People who are curious and focused on it have a high chance of success. Why, because that person doesn't stop when they fail, but keeps trying while fixing previous mistakes. People like this certainly don't know the word give up and are the type who fight until the end. There are 2 types of people, type 1 works and accepts what he gets, is afraid to take risks and continues at that job until he is old. The second type of person is not satisfied with what he gets and keeps trying something he is pursuing until he gets it. From here we know that the benchmarks for a person's success are different and financial success depends on how we respond to things and how we can gain financial freedom.
The first type of person does not want to get out of their comfort zone and tends to continue until they are no longer able to work. Well, this type of person can also be considered successful, but by success I only mean in a limited scope. Different from the second type of person you mentioned. This type of person will always feel dissatisfied and happy with new experiences.

I mean, such a person in his journey of success really enjoys it. Of the two types, I am more interested in the second because it is more challenging while enjoying so there are many stories and events that can be told to the next generation.

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It is true, as you said, that when someone is successful in the academic field, it is not certain that they will achieve financial success, because those who are successful in the academic field will think long before doing something and those who are active and cause a lot of problems when they see an opportunity. will try as soon as possible to try them and most of them will work.
For those who do not focus on academics, they have more time to study while working. Those who do not choose the academic route but do not focus on utilizing their time are worse than those who focus on academics. I mean, they waste the time they have to achieve "success" in quotes.
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Agree with you, if we talk about earning then I think earning is not related to you education because in our country most of educated individuals are at home because they are not interested in doing a business because they have concept that if they settled a business then all of their education will waste which is not a wise concept at all. In my opinion you can use your education anytime you need therefore try to find any job and earn from it until you don't get a job according to your education.

Majority of individuals have better skill utilizing ability therefore through these skills they earned a good amount of money but on contrary most of them also get higher education but they are asked something in interview or to show their skills then they show zero experience. Education is necessary but learning skill is also necessary because now a days business are more prominant and successful than a government job.
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Absolutely, many academically successful individuals tend to prioritize building their careers, often seeking positions in large companies for job security.

However, the reality is that financial success often involves more than just working; it requires venturing into business where your money can work for you. But these people having their academic success, many of them are afraid in taking risks, a crucial element in running a business, so if they are afraid, they won't be able to achieve financial success.

Every business journey is unique, and formal education can also provide a strong foundation in many cases. So it's true as you said above. Success in running a business or business for me is more about how we focus on improving performance and one more thing on increasing partners so as to create new opportunities and support business growth.
legendary
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Those people who say high educated students who work for low educated students bla bla bla forget to make a calculation about:
 
1. High educated students who're successful/total number of high educated students, and;
2. Low educated students who're successful/total number of low educated students.

The reality is high educated students tend more successful than the low educated students because they have better financial, network, open minded, skillful etc.

Low educated students are very hardworker, but not all of them are lucky.

That's right. The fact is that if we talk about being salaried, employees with higher education obtain much better salaries on average than those without. It is when it comes to setting up businesses where we find cases like the ones the OP comments, that someone without higher education sets up a company, is successful and ends up hiring people with higher education who work for him (and earn much less money than him). But such cases are not the norm, rather the exception.
hero member
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if teachers  knew the secret to financial success..... they would not be teachers, they would be sunbathing on an exotic beach

in most cases academics are taught the basic principles and its for them to be motivated to look deeper and understand more and get involved more..
I'm interested to discuss about this and sorry if I sounds rude.

Is teacher a failed profession? I've keep think like this because teacher is teach about the basic thing and they're never improved, what they have is emotion control and creative way to teach someone.

Someone who graduated from art and culture education degree has a low knowledge when it comes to practice, they're not learn how to make a best art as they're focus to learn everything. But someone who graduated from interior design degree is way better to draw because they're used to and they can teach someone because they have a high knowledge about that skill.
legendary
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Absolutely, many academically successful individuals tend to prioritize building their careers, often seeking positions in large companies for job security.

However, the reality is that financial success often involves more than just working; it requires venturing into business where your money can work for you. But these people having their academic success, many of them are afraid in taking risks, a crucial element in running a business, so if they are afraid, they won't be able to achieve financial success.
sr. member
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We have seen that it has been debated that there are more A students who work for C students or there are C students who earn more than A students. Personally I don't believe any of this premise. What I believe is that it doesn't matter whether you are an A student or have a high IQ. Rather it's about having the courage to venture into unchattered territories, including taking calculated risk and making the most of the opportunities that lead to high income. In our society today and in the past, the people who have demonstrated audacity and capitalized on privileged advantages to undertake risky yet lucrative business ideas are the ones who end up being of great influence and earn more. Do you agree?
Yes, I do agree actually you are right about it doesn't matter whether you are A or C student but only to some extent because at one point your grades or IQ do matter but at the same point it might not matter. But in most scenarios even if you choose a business, the advantages can be obtained if you know the work or have the skills (IQ).

Choosing between study and work is I know another discussion but it is somehow relevant to your discussion. Because many students want to study but due to financial problems they have to work and the remaining ones don't want to read because they think its some kind of matrix and they will be trapped in a system where they can't grow and if they will avoid studies they can grow more.

That's a wrong mentality that needs guidance. Overall, I do agree with you that those who love to take controlled risk and wants to spread their legs more, they can achieve something while the scared ones might not.
legendary
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Do you agree?
Yes I agree, I have experienced with my friend who has good grades in school, but is not successful in life. I went to school with him for 3 years, he always got class ranks with a perfect grade. if I look at him, I'm sure he will be successful after graduates. But, in fact, until today (after a long time ago graduates) his life is ordinary, his financial mediocre, not much better than me where my grades on school just normal, or not even good than him. I don't know what happen, maybe because he was comfortable with high grades, so negligent and careless after graduates. While me, because my grades are not good, so try my best to maintain life, because I have many shortcomings, so I have to fight hard for my life.
hero member
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The issue is that "majority" of the C students do not make more than A students, if you are a student that gets A all your academic life, you will on average make more than a student that gets C all their academic life. However, there are some C students who jump into some idea and make a lot, and yes in that case they do earn more, but they are the outlier and not the real expected outcome. If you look at people with 3.50+ gpa and look at people with less than 2.50 gpa and compare their salaries, you will find that the one with 3.50+ gpa will make more, just because there are some examples of bad students making money, doesn't mean that is the average how they do.
true, many are seeing the top earners, basically saying that the ones good at academic only become workers meanwhile the dropouts become billionaire, thats not wrong, but one should know that those billionaire that are college drop outs dropping out from ivies, meaning they are actually good at academic if they willing to put effort, but they've found their passion before finishing their college therefore they decided to drop out.
its kinda different if you compare with those that dropping out because incapable of finishing academic you know, many of them don't earn that much, as many statistics have illustrated, the high income household are those that have good college degree prominently from ivies that excels in the academic and could get into FAANG even fortune 100. never underestimate the power of academic degree more especially from ivies it give you massive connection and good impression at first glance.
legendary
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Academic success as in getting As in college or graduating with Latin honors isn't what determines one's future. It could be an advantage in one way or another but it isn't a prerequisite for success. Those who merely passed in college aren't necessarily at a disadvantage in life.

However, all this doesn't equate to education not necessary for a successful life. Whatever success means, getting education means a better life than without it. Academic success and education are two different bananas. Some are saying education isn't actually important to be successful. They're wrong.
hero member
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The relationship between academic success and financial success cannot be eliminated, even if the person who succeeded financially does not have an academic qualification.  A large percentage of those who were successful in many fields were working outside their field of specialization, nor was a large percentage of those who succeeded in more than one field without having any academic training.
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