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 5. (Read 570 times)
November 22, 2023, 02:57:22 PM
November 22, 2023, 02:30:02 PM
Other people's opinion is that when someone goes to college and has a bachelor's degree, other people assume that that person will become a successful person, who will have a permanent job with a very large salary. But it's just empty talk, because in reality life is not that smooth, after graduating from college you go straight to work at a well-known company with big wages, then get married and have a house and a luxury car. That's just nonsense and the funniest joke.
Going to college does not guarantee that we will become someone who is successful and rich. However, that doesn't mean that studying is unimportant.
Because at least even though college doesn't guarantee success, but by going to college we will know how to become a successful person, because through education a person will continue to be sharpened and trained on how that person can have both hard and soft skills. skills, someone will be trained to have a leadership spirit and be introduced to several projects that will increase experience and knowledge.
Going to college does not guarantee that we will become someone who is successful and rich. However, that doesn't mean that studying is unimportant.
Because at least even though college doesn't guarantee success, but by going to college we will know how to become a successful person, because through education a person will continue to be sharpened and trained on how that person can have both hard and soft skills. skills, someone will be trained to have a leadership spirit and be introduced to several projects that will increase experience and knowledge.
November 22, 2023, 02:06:42 PM
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
Agreeably so. fastercapital.com/startup-topic/Taking-Calculated-Risks.html
I just want to say that still it matters the kind of educational qualification one has attained inorder to be able to be successful in the pursuit of a worthy idea and to maintain and keep it together.
I wouldn't put ones IQ and the grade they graduated with in same box, because I have seen that geniuses are often those who perform the least in fields they don't fancy, but when they have the opportunity or break to capitalize on the genuine idea, there's always no turning back, hence the success in the pursuit of such an idea.
November 22, 2023, 01:47:58 PM
Someone once said, if your GPA is above the minimum score, then you will only be a worker, and after you graduate you will only be busy going here and there looking for job vacancies. However, if your GPA is below the minimum value, then you will not be a worker, because you will be rejected every time you apply for a job. because your GPA does not meet the requirements as a worker. And this rejection will make you a person who thinks crazy about creating your own business, which other people think is something that is impossible for you to do.
November 22, 2023, 01:17:15 PM
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..
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've had professors of mine in university dodge referrals to lead corporations as CFOs or have careers in politics.
Was it because they hate money and business? No, they study and teach about these subjects every day.
But some people really prefer the study of something from an academic perspective other than being managers themselves. It's more of a political and ideological choice if anything.
Being an academic has its perks, but surely a lot of money isn't one of them. But you can't really do both impartially. For instance, a lot of technological progress is based on academic research released to the public for free and funded by taxpayer money. If all academics were sucked into corporate environments much of today's technology that we enjoy with free access would be closed source and behind paywalls, and that's if it was ever released publicly.
Really academics deserve more recognition in my view. Not everything is or should be about money.
November 22, 2023, 01:05:12 PM
This may be stand true for certain countries and but not everywhere and I would give you example of FAANG company (Facebook, Apple, Amazon, Netflix and Google) these are indeed top companies and there are many more like these and you will often find them recruiting candidates or interns from Tier 1 colleges as they already have set an assumption that only student from certain colleges or universities are talented this those who could barely afford education end up getting graduated as it has become basic requirement to land a job, and students from a normal colleges are recruited at the entry level wherein students from top tier colleges are hired for management role.
If the education is scam then it wouldn't be key requirement to get job.
If the education is scam then it wouldn't be key requirement to get job.
November 22, 2023, 12:53:25 PM
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..
For teacher, Despite their dedication to education, they may find joy in influencing and motivating the next generation rather than chasing fortune. 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. 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..
November 22, 2023, 11:44:42 AM
Before I say I agree, I want to explain a little about the differences in opinion regarding academic and financial success.
On average, students who are active and often cause problems are usually successful candidates because students who are considered the source of problems are too brave to do things that make them curious to try.
Our society tends to judge that the benchmark for success is the level of education pursued. I do not agree with assessing success from the perspective of higher education but rather from the courage to act based on experience.
This means I agree with you in assessing the differences between the two.
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. On average, students who are active and often cause problems are usually successful candidates because students who are considered the source of problems are too brave to do things that make them curious to try.
Our society tends to judge that the benchmark for success is the level of education pursued. I do not agree with assessing success from the perspective of higher education but rather from the courage to act based on experience.
This means I agree with you in assessing the differences between the two.
November 22, 2023, 11:34:20 AM
Agree and True, intelligence is one of the supporting items where tactics and strategies are carried out if you understand business or investing, read opportunities, when to enter and when to enter the family and when to survive and is the key to remaining persistent. Yes. Diligent and Smart That is the beginning of someone becoming a potential rich person and we often hear that there is a very big difference between diligent people and lazy people in terms of financial success.
November 22, 2023, 11:22:28 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
fastercapital.com/startup-topic/Taking-Calculated-Risks.html
No, I don't agree with your title. Although I admit that there are some successful people who come from poor educational backgrounds, in general people who have a good education will have a higher chance of competing and getting a better job.
That's right, most of high-risk businesses also provide high profits. But do you believe that more people succeed in high-risk businesses than those who fail? I think it is safer if we create a business that has low risk, when we have financial stability then we try to create a business that has high risk. Going all in in a high risk business is very dangerous, we have to play it safe because doing business is not an easy thing. As far as I know, in theory business looks easy, buy cheap and sell at a high price, but in practice it is very difficult
November 22, 2023, 11:13:55 AM
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..
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..
November 22, 2023, 11:11:19 AM
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.
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.
November 22, 2023, 11:03:47 AM
Before I say I agree, I want to explain a little about the differences in opinion regarding academic and financial success.
On average, students who are active and often cause problems are usually successful candidates because students who are considered the source of problems are too brave to do things that make them curious to try.
Our society tends to judge that the benchmark for success is the level of education pursued. I do not agree with assessing success from the perspective of higher education but rather from the courage to act based on experience.
This means I agree with you in assessing the differences between the two.
On average, students who are active and often cause problems are usually successful candidates because students who are considered the source of problems are too brave to do things that make them curious to try.
Our society tends to judge that the benchmark for success is the level of education pursued. I do not agree with assessing success from the perspective of higher education but rather from the courage to act based on experience.
This means I agree with you in assessing the differences between the two.
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.
November 22, 2023, 10:27:51 AM
In my country, it's rare to see those who were brilliant in school landing good jobs after their higher institutions that's why you often hear some saying schooling is scam but I would say everyone has where he excels at and just like the op mentioned that it boils down to who is more courageous to charter into areas no one has ventured, for me that is what sets the two apart.
There are different types of students and amongst them, there's those who do better than others and are tagged "very intelligent" whole there's those known as the dullards. Well, educationally, they may not be sound but that does not mean the end for them. Some people measure levels of success with how many degrees one has and others, what you've achieved or accomplished. It just depends on who's measuring.
There are different types of students and amongst them, there's those who do better than others and are tagged "very intelligent" whole there's those known as the dullards. Well, educationally, they may not be sound but that does not mean the end for them. Some people measure levels of success with how many degrees one has and others, what you've achieved or accomplished. It just depends on who's measuring.
November 22, 2023, 10:20:19 AM
To put it more broadly, intelligence is the source of everything (including wealth). Because here the aspect discussed is mainly material, so I will make the issue of intellectual success the most important.
Obviously competition and greed make us not know what the meaning of life is, and instead of accepting what we did wrong, we find ways to justify it. If we start from the same point and are raised equally, the results we receive will only be a nuance. So looking at aspects of many different issues, I think the perspective of success has brought successful perceptions.
Obviously competition and greed make us not know what the meaning of life is, and instead of accepting what we did wrong, we find ways to justify it. If we start from the same point and are raised equally, the results we receive will only be a nuance. So looking at aspects of many different issues, I think the perspective of success has brought successful perceptions.
November 22, 2023, 09:13:28 AM
We all know that having an academic success wont guarantee you a good life in the future, in terms of career and finance. But of course, since you'll never know what will happen to you in the future, it's better to have a "back up" of having a degree. At least even if you won't be that successful, you have your degree for you to find a stable job. It just gives you more assurance that you can earn for yourself.
But overall, there are people who are academically smart and there are street smart. Also, most successful people have their own business, but not everyone have that skill to run a business successfully. On the other hand, academically smart people still gives them advantage to find success in the future even if it's not about starting their own business because they have the brain that can contribute to their field. It will just all depends on one's opportunity in life.
But overall, there are people who are academically smart and there are street smart. Also, most successful people have their own business, but not everyone have that skill to run a business successfully. On the other hand, academically smart people still gives them advantage to find success in the future even if it's not about starting their own business because they have the brain that can contribute to their field. It will just all depends on one's opportunity in life.
November 22, 2023, 09:13:04 AM
I believe that in matters like this we should rely on available scientific data and base our own opinions on that data rather than without seeing the data.
Here's a nice article that refers to various research conducted to measure the correlation between grades and success.
According to the article, personality traits are considered more important than grades, but there's also data on 73% of employers screening their applicants based on their GPA. It also refers to a study that says graduates of the most competitive colleges earn 19% more than those of other colleges.
Here's another article about a report that higher level of education correlates with higher employment rate and is strongly linked with higher annual income.
Of course, it's also important to recognize the limitations of relying on the data from one country (USA, in this case). What's true for the US might not be the case for other countries.
Here's a nice article that refers to various research conducted to measure the correlation between grades and success.
According to the article, personality traits are considered more important than grades, but there's also data on 73% of employers screening their applicants based on their GPA. It also refers to a study that says graduates of the most competitive colleges earn 19% more than those of other colleges.
Here's another article about a report that higher level of education correlates with higher employment rate and is strongly linked with higher annual income.
Of course, it's also important to recognize the limitations of relying on the data from one country (USA, in this case). What's true for the US might not be the case for other countries.
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 more risk taker you are then you are really that giving yourself the chance on being much better compared to those who are playing safe or really just that basically that contented on having or sticking into their own work/jobs or ventures.Whereas to those who had taken up further risks then they would really be having that chance on even more successful although it does impose risks but probabilities is there.fastercapital.com/startup-topic/Taking-Calculated-Risks.html
Academic achievements wont really be a guaranteed ticket to success, yes you are really that an A+ student with having those good degree records and achievements but ending up on getting a job which
do pay standard. To those who are on average who did have made out some business or startup then gradually they could really be able to advance. It might take long but at least
they are really doing steps to success.
Success would be really be depending on someones steps or actions that be made on. Sometimes you would really be needing to go out into your comfort zone for you to be able
to make yourself that something better or having those kind of possibilities on making yourself that progressive or else you would really be just that stagnant.
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?
Absolutely yess. In academics, being smart indeed earns good grades and a diploma. However, in business, intelligence alone isn't sufficient... you need mental strength, initiative, consistency, a tolerance for significant risks, discipline, and many other factors that contribute to success in business. The law of the jungle truly applies in the business world, and even those with a lot of money might not easily find success in business.The "high risk, high gain" principle still holds in the business world. However, significant risk is not usually taught in the educational system. That's why people who excel academically often fear taking risks and opt for the safer path as employees rather than entrepreneurs.
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.
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