What is more important: education or business acumen?

Every second today is a manager or a lawyer by education. Why are so few people successful in their work, and why are there almost no lawyers and economists among them?

The world of business is a complex and constantly changing space of new ideas, new practices and methods for achieving success. As soon as some business concept enters the textbooks, it immediately loses its relevance, because new practices force it out of this world. That is why business education is much less important than the business qualities of character - perseverance, confidence and discipline. Look through any list of the most important qualities of a successful entrepreneur, and you are unlikely to find any mention of education in business or a degree.

Why is business education rarely considered the basis of success? Most likely, the whole thing is in its relative importance in comparison with other business qualities and character traits. Think of the incredible number of people who have left their mark on history, despite their lack of higher education. Let's see why it can not replace such qualities as perseverance, confidence and punctuality.

The first reason: education provides only theoretical knowledge of the past.

First, it is important to understand that education will not be able to teach you to look ahead. This, of course, is about traditional education - where there are textbooks, audiences and lecturers. In fact, your whole life will be one big lesson. For this reason, classroom learning is limited in what it can give to young professionals. As already mentioned, business tactics and methods of work become obsolete almost instantly after they get into textbooks. Imagine that a business is a world of technology or art, where new developments are constantly being made. Innovators in this business constantly invent new tricks, tactics, customs and methods for achieving success. The teacher can only give you knowledge of what worked in the past. However, this is not a guarantee that it will work in the future.

Reason Two: Real practical experience is more valuable.

On the other hand, real experience is the best education for an entrepreneur who wants to succeed in the business world. This does not mean that you do not need to learn business practices and concepts - they can teach you business communication, lead to an understanding of financial planning and marketing, as well as help develop other business skills in yourself. However, getting into the real world of business, making mistakes and learning from them is the best way to learn the principles of success in the business world. You can sit for hours on textbooks and pass the final exam with distinction, but you will have much more chances to learn the rules of the game in the business world forever if you try everything yourself.

Reason Three: Education will not be able to cultivate business acumen in you.

Another reason why education does not provide the same benefits as perseverance and perseverance is that education is given in the form of an objective concept, and business itself is in fact a purely subjective concept. In other words, all students are taught the same thing, but each entrepreneur is individual. In business, you will need your personal qualities, and each one will have their own - perseverance, hard work, positivity or creativity. These qualities cannot be acquired during theoretical studies. Of course, in class you can discuss the importance of these character traits, but you can only develop them yourself during your own life.

Reason Four: Your business is unique.

The disadvantage of business education is that it initially believes that all business ventures are quite similar. However, when you open your business, you will find that your business will face a unique set of obstacles and challenges. All business ventures are unique, and the general principles of education can only give a rough idea of ​​how to do business. Even the best education cannot predict the future of your own business.

Reason Five: Perseverance helps to overcome obstacles.

Perseverance transcends education for a variety of reasons. In the process of doing business, you can encounter serious obstacles on your way and experience complete failures. Education can help you avoid some obstacles or even get around those that cannot be avoided. Education can present you with facts and a plan of action, but it can not give you the perseverance and perseverance to keep moving forward under stressful conditions. These traits will help you maintain a positive attitude and continue working after the failure.

Reason Six: Confidence moves your business forward.

Belief in yourself and your business is also more important than education. Education can tell you how profits are generated, your business moves forward, and accounting is done, but it cannot give you the inspiration and support you need. Only your personal faith in the business, your product and your abilities can make you move forward.

Reason Seven: Punctuality is produced only by practice.

Punctuality is an integral trait of the entrepreneur’s character, which can be acquired only through constant practice. Yes, traditional education can help you develop some discipline skills, because you inevitably need to learn time management and self-motivation in order to successfully complete your education. However, punctuality can be learned in completely different circumstances. Education will not be able to motivate you to continue working when things are not going so smoothly, get up an hour earlier to plan tasks for the current day, and give up entertainment to work. Only life experience and practice will help you cultivate punctuality.

Undoubtedly, education is very useful in the business world. It can be the basis on which you build your successful future. However, such business qualities as perseverance, confidence and punctuality are much more important than the theoretical basis. Having them in your arsenal, you automatically increase your chances of success, even if you often fail on your way to it.

So, if you do not have the treasured crusts of the diploma, do not be discouraged - do you really need them when registering your brilliant business?

Watch the video: Phil Terrill on how business and financial acumen are more important than sales skills (October 2019).

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