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Success of Business – Insight Vs Education

success of business

Success of Business is depended on business insight and not on higher education. But today we give more importance to higher education.

Education has nothing to do with business, today we see many illiterate businessmen are earning in millions & trillions, while highly educated candidate are searching for white collar job.

Success of Business

From childhood we teach our children “Go to School, Get a higher education, Get a good Job and live happy life”. I have never seen anyone teaching child that “Go to School, Get degree & run successful business”.

This is because success of business has nothing to do with education. To prove this theory let us take a example of “Reliance Industries”. Reliance Industries is well known name today not only in India but all over world. You will be surprise to notice that founder of Reliance Industry Late Shri Dhirubhai Ambani was not even 10th pass but he had very good business insight and market knowledge. This business insight had made him most successful businessman in India.

Take another example of Gujarati businessman Shri. Gautam Adani. Gautam Adani is college dropout today running business successfully. Gautam Adani bears testimony to the fact that the success of business does not require an MBA degree from top business school. Today majority of student opts for business school like IIM to get highly paid job and not for success in business.

Technical genius and Founder of “Apple” Steve Jobs is another example. Steve Jobs was school dropout but his understanding vision and business insight has taken him to the level where people today remember him as great innovator and highly successful businessman.

It is observed that highly educated people are not capable of taking higher risk.

Insight Vs Education

People can earn money by two ways with higher education and with good business insight. But In majority of cases it is observed that people with higher education is getting good salary from person who is running business with good Insight. Successful businessman keeps MBA and other degree holders as advisors.

Today many businessmen from India have gone abroad and they are running successful business. At last I would like to say that education is important but Business Insight and sixth sense to identify time is more important for success of business.

Prefer Business over Job –  Remember – If you don’t build your dreams, someone else will hire you to build theirs.

Shitanshu Kapadia
Shitanshu Kapadia
Hi, I am Shitanshu founder of moneyexcel.com. I am engaged in blogging & Digital Marketing for 10 years. The purpose of this blog is to share my experience, knowledge and help people in managing money.