The debate about the how intelligent an entrepreneur has to be, to run a successful business, has been going on for years. While most parents advise their children to become graduates before aiming for specific goals, very few see this topic from a different angle. But what’s the truth, how smart does one have to be to become an entrepreneur?
The difference between being smart and being intelligent
Before going deeper into this question, let’s differ something that seems to be same. Being smart and being intelligent aren’t the same thing. To put it in one sentence; being smart is training a skill until it’s superior to others, while intelligence is a gift one is born with.
Growing up in the projects leads to someone becoming ghetto-smart, also referred to as street-smart. Reading a lot of books enables one to be referred to as book-smart. What if one hadn’t grown up the projects or doesn’t read at all? Would you still describe the person as books-smart or street-smart? How much you know about a subject defines how smart people from that specific field will call you. If you studied engineering, people will call you smart. But if it took you 10 years while someone else did it in 5 years, even though both of you had the same conditions and same fascination for engineering, your intelligence can’t possibly be on the same level.
Intelligence is based on inheritance. We’ve all met “super-students” who would write the best tests without even putting much effort into it. This is because of their natural ability to learn fast, also known as intelligence. However, intelligence doesn’t have to apply everywhere. One can be very gifted in languages and not be superior in math. A teacher will notice that the student isn’t that good in math and that one doesn’t put as much effort into the subject like others do, but still isn’t that bad. Another point is that many intelligent students chose to study the subjects they’re gifted in. This leads to people being confused when we speak about being smart and being intelligent.
The type of career
The type of career one pursues is what defines how smart or intelligent an entrepreneur has to be. The perfect example are scientists. If you want to discover something other scientists haven’t come up with yet, your intelligence has to be on a certain level. “Ambition works when talent ain’t working” is a famous quote, but trust me when I say that no scientist gets up to relax. Or why would one study that hard to become professor or postgraduate? It’s common sense. No matter how hard you work, if someone else puts the same effort into it and is superior to you when it comes to intelligence in the same subject, beating that person is nearly impossible.
The common mistake parents make is that they stick to wrong traditions. When you want to achieve something, the first thing you should do is set a goal. Secondary, think about how you can get there. Last but not least, consider what you will need. This applies to your career as well.