No Correlation Between Academic Success and Financial Success - page 4.

SOKO-DEKE

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Quote from: Davidvictorson on November 22, 2023, 05:27:41 AM

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

The fascinating thing is that success isn't always correlated with academic achievement. It's true that some people perform poorly on school but achieve enormous financial success. It's as if your success might shine in a certain field where you possess exceptional talent. It may surprise you to learn that some people who you consider to be exceptionally intelligent in school may have financial difficulties because they are risk averse or make poor financial decisions.

To put it briefly, I completely agree with you. Success is more than simply academics, it's about using your abilities to improve the actual world and leaving a lasting impression. Thus, try not to worry too much about your A grades there are other things in life besides test results.

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Quote from: Davidvictorson on November 22, 2023, 05:27:41 AM

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

The real battle in life starts when you have finished your academics and is ready to conquer the realities in life. That's why you have to learn the fundamentals and theories while you are studying and apply them after schooling. Otherwise, if you are all knowledge but has poor application skills and strategies, you will never achieve life's success most particularly financial success. Financial success is not measured by how far your intelligence can go but its all about key performance indicators.

However, we should also not forget that life's success is not measured by money either. Being successful is appreciating what you have and and be grateful for it as long as its makes you happy and is giving you life's simple satisfactions.

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Quote from: panganib999 on November 22, 2023, 05:32:26 PM

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 could confirm cause way back then, being someone who had to quit college for a while, finding a good-paying job which is your first line of thinking when you're looking for ways to make money and achieve that financial success, is exceptionally hard. You're stuck with menial job listings or jobs that wouldn't push you further into your career, which is generally bad for your self-actualization, if anything.

So yes, don't let a single bad exam make you feel bad and scared about your future. But by all means go get that degree. Don't listen to these people with their sigma hustle mindset talking about shit like "you don't need a degree to be successful", cause they may be right, but there's no singular formula for success, and furthermore, education sets you up to open these paths that you can choose.

currently the richest person in Indonesia is reportedly someone who only graduated from junior high school (prajogo pangestu) and sentences like that continue to be echoed by many people, education will not guarantee someone to be successful, but at least it is one of your efforts to achieve success, in In the future, it is said that our children will not go to school because everything is already available and only a few groups will go to school, to be honest, it will have an unclear effect on the younger generation. In my opinion, school is the best place to improve yourself in terms of knowledge while experience and also direct practice in life is the best place to find yourself.

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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 could confirm cause way back then, being someone who had to quit college for a while, finding a good-paying job which is your first line of thinking when you're looking for ways to make money and achieve that financial success, is exceptionally hard. You're stuck with menial job listings or jobs that wouldn't push you further into your career, which is generally bad for your self-actualization, if anything.

So yes, don't let a single bad exam make you feel bad and scared about your future. But by all means go get that degree. Don't listen to these people with their sigma hustle mindset talking about shit like "you don't need a degree to be successful", cause they may be right, but there's no singular formula for success, and furthermore, education sets you up to open these paths that you can choose.

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Quote from: wajik-tempe on November 22, 2023, 11:53:25 AM

-snip-
The notion that they would prefer a life of sunbathing on exotic beaches oversimplifies the complex incentives that drive people. Furthermore, success is complex, and both academic achievement and entrepreneurial drive may help one achieve their goals. Embracing a well-rounded approach to personal and financial progress can result from a mix of knowledge, daring, and embracing chances.

Yes, success is complex, depending on how interests and talents in each person.
Those who stand out in academics don't necessarily have an interest in what can actually deliver success.

There are many examples of successful people without a good academic background, even they tend to lack academic knowledge,
but they have a strong determination to build a business, build relationships between customers and new people.

Knowledge, courage and grasping a new opportunity are things that can be possessed by anyone.
Sometimes they have little knowledge but are able to win chances well, and they are brave, but without enough knowledge it will also be risky.
We have to be able to balance everything, and start learning what we lack.

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Academically-inclined individuals tend to get the easy way towards their first jobs but usually don't have the 'street smarts' that C students possess. It's true that they understand a lot of the theoretical aspects of their field of study, but in terms of application and all that stuff, they simply lack the understanding or the capability to grasp it not unlike the C students who are 'forced' to do things before learning what it does.

I know a friend who flunked college and stated that studying isn't for him. He went on and sold phones for a year, earning enough capital to buy wholesale phones from Japan and the rest is history. His regular clients now include celebrities, politicians, and other foreigners to whom he receives recommendations from. And since his mother works on a textile factory, he went on and established a clothing line that is slowly gaining attention on the local market.

That mofo still owes me a few hundred dollars and he's a fucking millionaire, but anyway..

The point is, if you have the academic intelligence but not the right attitude and mindset towards something you're working on, you will not get that far. It still takes a lot of things for an intelligent person to be financially successful.

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Quote from: Davidvictorson on November 22, 2023, 05:27:41 AM

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

Excellent students in academics do not guarantee that they will also be excellent when they face the real battles in life. Although intelligence also matters, but its not the main ingredient to be successful in the future, but skills and positive attitudes are. That's why we are seeing average people these days are already living their successful lives because being successful in life is not about intelligence but skills and consistent strategies in life. And that taking calculated risks is a must, otherwise they will stay living in their comfort zones throughout their lives.

However, being knowledgeable and skillful, and has positive visions in life create a perfect combination to achieve financial success. If one lacks, then its hard to expect a positive and successful life's outcome.

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Quote from: Davidvictorson on November 22, 2023, 05:27:41 AM

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

Absolutely, it is all about your willingness to go the extra miles and taking risks regardless of the situation. People who mostly operates within their comfort zone despite their academic status may find it hard to level with those who always go out of their comfort zone to achieve their goals.
Hard work does pay off and it is not only about your academic level. Those who have the boldness and the audacity to strive towards their goals will be above others. This is not just in theory but can be seen in our everyday lives.

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Quote from: Davidvictorson on November 22, 2023, 05:27:41 AM

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

To me this says way more about the education system than anything else, schools are supposed to accomplish two goals, one is to give students the tools needed to succeed on their desired career choice, and the second one is to try to teach their students values so we can live in a harmonious society, and without a doubt schools are failing at both of those goals, as if they were teaching the needed skills to succeed in life then those that obtained better grades should obtain better outcomes than those that do not, and yet this is hardly the case, meaning that a great deal of what you are being taught at school is useless these days.

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In the end, believe it or not, it is something that can be said to be unrelated but on the other hand there is another attachment even though it is a situation that is sometimes not all the same, but success in academics can be a good support for us in achieving financial success.Everything depends on the mindset that is applied in the end because if indeed academic achievement makes you too confident to navigate life it is wrong because what is in academics is just a set of theories that can be different if applied in real life but on the other hand if in the end academic achievement and our mindset are used as a support to get success in finance then it is much more reliable to be used as a reference that he is the one who can get success in financially. In the end, the theories we learn in academia and the experience we get when applying the theories we get in the real business world, we can get a new thing which can be used as our capital to create a favourable situation for ourselves, especially for our plans for financial success.

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Quote from: Fortify on November 22, 2023, 03:56:51 PM

Quote from: Davidvictorson on November 22, 2023, 05:27:41 AM

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?

While I think anyone is capable of achieving success without going through higher education, there are certainly some obstacles in business that become more evident the higher you move up the chain. There is also an element of backing that if I have two candidates applying for a job, one has some qualifications from a medium tier university and the other has nothing but basic tier school grades, then I could hazard a guess that the university candidate may have more perseverance at the very least. However at a low level it is a very tiny factor because I've seen some truly awful university graduates entering the business world without a clue how to operate, so you need to judge everyone individually.

it always boils down to experience. i would hire the two and see which of them last in the worse condition in the workplace and the job they would do. i bet the one who graduated from a medium tier university will quit after a day.

the ones who with silver spoons stick up their ass always quit because they think they deserve a position after just a few months. the ones who can endure and have the perseverance to win are the ones finding out their strength.

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Quote from: Davidvictorson on November 22, 2023, 05:27:41 AM

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?

While I think anyone is capable of achieving success without going through higher education, there are certainly some obstacles in business that become more evident the higher you move up the chain. There is also an element of backing that if I have two candidates applying for a job, one has some qualifications from a medium tier university and the other has nothing but basic tier school grades, then I could hazard a guess that the university candidate may have more perseverance at the very least. However at a low level it is a very tiny factor because I've seen some truly awful university graduates entering the business world without a clue how to operate, so you need to judge everyone individually.

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Quote from: decodx on November 22, 2023, 03:16:01 PM

I knew kids in high school who took every AP class and studied nonstop but never went far. Then again, I had other friends who worked hard at school and used that to get scholarships or jobs right out the gate. At the end of the day, you gotta take risks and keep trying rather than expecting a high GPA to do the work for you. Privilege plays into it too, no question. But smarts on their own definitely don't define success or failure.

Being smart isnt really meaning that you do have guaranteed success or future on which we know that there are several factors needed which you would really be able to hit up.
Luck is also a determining factor too, it might be less but you would really be still needing for you to be able to succeed on such field. We know that there's no guarantees when we do speak about success
yet there would really be needing other things which needs to complete up in overall but of course there's no way on finding it out unless you do try.

People who do take up risks are the ones who could really be having the chance on having life way more better although its not rest assured but unless people do try.
They do have the chance on making themselves better. Being smart does have advantage but taking actions does really matter more or having that
tons of opportunity on success compared to those who dont take actions.

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Quote from: Churchillvv on November 22, 2023, 07:02:39 AM

I agree with you not totally but partially that one most not be an A student to be great and/or successful. Almost all the successful people or people who made and/or are making impact in human life today or those who invented most of the things that are helping human life today where not the best in class but they knew they can do something better that been the best in theorizing rather they became more practicalistic in everything. E.g Mark Zuckerberg, Bills Gate, Steve jobs etc we all know there story and they had one thing in common they were all drop outs in their various universities. So it's doesn't matter your degree in school or how well you did in class but it's about what you can do.

There is no doubt in saying that all the big companies' CEOs, like Mark Zuckerberg, Bill Gates, or Steve Jobs, were dropouts from college, but that's not because they were not smart or had a higher IQ; it's because they knew they could do much more than the college might be offering them.

I did watch a small documentary on Facebook creation where Mark Zukerbueg and his classmates tried to make Facebook and did everything to take it to the top. He even fought with his own friend, especially the one who said I invested in Facebook and tried to claim it. The idea of connecting people was more important for Mark than reading the same things that he already knew; that's why he also took classes.
If you want to do a corporate job then Degree and grades do matter otherwise they don't because if you are a content creator, web developer, trader, etc. then your work won't need a degree and your customers won't ask you to show your degrees.

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Of course there isn't any correlation as said, but without academia or the slightest bit of knowledge of reading and writing, becoming financially successful will be quite difficult to score and may demand some form of academic knowledge to better understand the times. Even those conservative business owners who don't rely on book keeping or inventory or mails will somehow still require the service of a lawyer when the government comes to claim tax for landed property or the service of an accountant inorder to better invest of which will be required to have the necessary academic qualifications to be confident enough to discharge such duties.

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I knew kids in high school who took every AP class and studied nonstop but never went far. Then again, I had other friends who worked hard at school and used that to get scholarships or jobs right out the gate. At the end of the day, you gotta take risks and keep trying rather than expecting a high GPA to do the work for you. Privilege plays into it too, no question. But smarts on their own definitely don't define success or failure.

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Quote from: Davidvictorson on November 22, 2023, 05:27:41 AM

there are C students who earn more than A students.

this looks true. those batch mates i have who are straight-As are nowhere close to the one of the simplest guys in my batch who smoked so much weed during our high school days. i saw that guy roaming the world from Alaska down to Oceania. he owns 3 businesses already while the straight As i know are trying their luck Basking music on the streets. there is a local proverb here and it goes. having low grades is fine as long as you don't poop watery shit in the classroom.

people forget those straight-A students but the kid who shits in class. will never be forgotten.

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Quote from: Davidvictorson on November 22, 2023, 05:27:41 AM

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 people say that the people who are successful today are actually people who are determined, they managed to break through the boundaries that held them back. In fact, when you are a pioneer or trailblazer, you will definitely be the first person to succeed in that area or business. School is indeed important, but focusing on pursuing high grades at the academy will not possibly make you a great success. Apart from that, success doesn't take 1 day, 1 month or 1 year, it could take years for you to become a successful person in the field you are in.

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Quote from: Davidvictorson on November 22, 2023, 05:27:41 AM

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

Noted OP.

Grades never attack the money, efforts do. If C one puts more effort into fetching it, he'll definitely be outcompeting the A. A categorization is more focused on getting stable packaged limited Jobs under a good reputation. C categorized service in the risks and they with their gained experience establish that reputation most of the time.

Comfort zone, Safeplay can never let you be out of the matrix of finance, In the hard times you get the motivation to even control that matrix. From this flow of the post, ( I would like to amend what I've learned) the cycle of the economy of humanity whatever you like to call it works on

Quote

Hard times forge strong individuals who propel progress toward comfort and prosperity. However, prolonged comfort gives rise to complacency, nurturing a generation of weakened individuals. Subsequently, this weakened state leads to a period of conformity, paving the way for destruction and a return to challenging times.

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OP, it doesn't matter whether you're the best student or the worst. Knowledge and understanding come in various forms, including moral, academic, social, financial, and spiritual knowledge, etc. Someone may excel academically but struggle in creating and managing a business. Success isn't solely dependent on academic achievement. it relies on an individual's knowledge across various the various forms listed above.

Yes, one can be both financially and academically sound, excelling in whatever they do. This is a blessing for some while others worked hard for it.

At one point, I approached my lecturer regarding an examination issue, and he scolded me harshly. He pointed out that many of our parents are successful business owners, while he spends his days teaching and addressing our concerns. I don't feel sorry for him because he chose this path due to his academic strengths, not being a business person. However, his salary seems insufficient for him and doesn't meet his needs.

Topic: No Correlation Between Academic Success and Financial Success - page 4. (Read 637 times)