No Correlation Between Academic Success and Financial Success

[Mate2237]

This is a technical premise and the answer to such debate in some cases is very simple. In a situation like this, the financial success surpasses the academic success. Academic Success cannot provide all the financial needs in one life, but the financial success can provide all the academic needs in one's life. And that is why some economist said, anyone who have enough money control the other sectors in the organization. There are some people that have business ideas but no finance to execute the plans and those who have the finance some of them lag the ideas to do business. So those who take the risk are the ones taken the bold step to face the risk ahead.

But those who are educated can do well in business more than those who have not gotten the education.

[1715346805]

1715346805

[1715346805]

1715346805

[1715346805]

1715346805

[1715346805]

1715346805

[1715346805]

1715346805

[arimamib]

In my opinion ,study is important and without knowledge we can't do anything in life. Financial knowledge is important and academic knowledge is also important in life. Because education opens mind and person can think out of the box. Financial knowledge is important because money in important in life and without money there is no value of man in life. But academic education gave many things to country. Without education,you can't learn how to speak and when to remain silent. We can read anything and we can lead any team ,any kind of team but many Enterpreneur  disrepute academic education but in my opinion that is not right. Only hard working persons are successful in life either they are educated or not.

Some entrepreneurs may have achieved success without formal education, their stories are mostly wonderful rather than the norm. Academic education provides a strong foundation for success in various fields, and it often provides serves a springboard for entrepreneurial ventures.

Financial knowledge empowers individuals to make informed decisions about their finances, manage their money effectively, and achieve their financial goals. With financial literacy, we can navigate the complexities of the financial world.

Academic education is essential for success in various aspects of life. It provides us with a broad base of knowledge and skills. It develops our critical thinking abilities, problem-solving and communication skills. Academic education opens doors to career opportunities, enhances our understanding of the world, and fosters personal growth.

[poodle63]

This is a technical premise and the answer to such debate in some cases is very simple. In a situation like this, the financial success surpasses the academic success. Academic Success cannot provide all the financial needs in one life, but the financial success can provide all the academic needs in one's life. And that is why some economist said, anyone who have enough money control the other sectors in the organization. There are some people that have business ideas but no finance to execute the plans and those who have the finance some of them lag the ideas to do business. So those who take the risk are the ones taken the bold step to face the risk ahead.

But those who are educated can do well in business more than those who have not gotten the education.

thats true, finance and academic complement each other, one can have bigger opportunity to suceed with the right amount of education and finance.
but actually there has been some studies that says the higher the academid degree the higher the salary, we're not talking business because we know regardless of academic or financial situation, the iron willed one can succeed but of course having good amount of money can help them becoming even more successful as well as having good education.
my point being, by pursuing degree, we might have many more opportunities compared to those that don't. there's reason why everyone is trying to have a degree, because it just seems prospective, only right now that everyone quite literally have degree that it decrease in value but without it, you will hardly encounter good jobs anyway.

[doomloop]

Besides all this, we should not forget the luck factor. It is also important to capture the right detail at the right time. Sometimes, no matter how educated or knowledgeable you are, great opportunities can be seized by people less educated than you.

Undoubtedly, and there are a lot of examples of that where people who are uneducated have highly educated people working under them and it is definitely because of luck as the bosses are either lucky for being able to have their own empires while having no proper education or the employees are very unlucky because they are working for someone else for a salary while having so much knowledge and information about the same business that they are managing for someone else.

So, it's true that luck plays a role in this because a lot of opportunities a person gets in their life are because of their luck and they might not reach certain places in their lives or be in certain positions if it wasn't for their luck. Hard work does pay off, but some people get opportunities that they didn't work for at all.

[oktana]

Your IQ matters, actually. Even the educational background still kind of matters. The issue is that the A students mostly forgets that it’s not just about the papers/certificate; there’s more to life. If they were to consider this before they completed their education, coming out, they should be at high places. However, sometimes some of them try to venture into the real world and learn about how it operates before it’s time. So, I’ll say that it’s the person who has been taking risk, venturing “into unchattered territories”, etc that will be ahead. But being an A student/having high IQ is an extra advantage.

[BRINIRHA]

Actually, every person who has a high IQ does not necessarily have a high EQ too. So there are many geniuses who have high IQ but still lose out in financial terms to people who have ordinary IQ but with a high level of EQ. And maybe you guys noticed it too. That not all students who excel in academics can become successful people in real life. Sometimes it is mediocre students who become financially successful outside of academics. Because nowadays most schools only assess students by IQ and well they encourage students to increase their IQ. Even though in real life EQ is much more important. Because without EQ, someone will always hesitate in taking steps and give up easily. Because EQ is about our intelligence in managing emotions. Even in trading, emotions are always an important thing that a trader must be able to control. And those who have a high level of EQ are usually good at managing emotions.

It is also important to mention that in school you are almost exclusively tested in your ability to pass tests on your own, however on the real world we do almost nothing alone and instead everything is done as a team, so those that have a high IQ and are quite smart but that are terrible at treating other people soon find themselves without valuable teammates, since no one wants to work with them at any price, while a person that may not be as smart but that knows how to work in a team can easily get capable people around them and build something that they could have never created on their own.

Well it is a very important point in life. Moreover, we are social creatures who will always need other people in our lives. So it is also important to have intelligence in mingling in society, being a humble person who will be liked more by other people. Being able to work together with other people is also the most important thing to have. Because in economic life leading to success we also need relationships. Which one day will make our business grow more rapidly. Of course, this connection or relationship must be obtained by being good at socializing and entering areas or communities or whatever it is that we can use as colleagues and acquaintances. Building relationships between people is what is sometimes forgotten by some selfish people who only care about themselves. Even though we wouldn't be anything without other people. I like your opinion friend on this matter.