Saturday, 12 February 2022

Why Toppers in School are not Toppers in Life



Why Toppers in School are not Toppers in Life

Why does the Average Student in class who never topped the class emerge as the Shining Star in Life 

1) Think about the boy or Girl who stood first in your Batch

2) Where is he or she today?

3) It is likely that he is doing well and it is equally likely that he is just living an Average Life. Certainly not doing bad but may not be doing extremely well either

4) There is a scientific reason for this. Our Education System is designed to make us Good Workers and Best Professionals but not Good Leaders

5) Toppers prepare themselves to be the Best Professionals

6) Our Education System is Practice Oriented - To make us the Best Doctor, Best Architect, Best Engineer, Best Designer, Best MBA, Best Marketing Director and so on and so forth

7) We are never taught in School to solve People Problems by harnessing the Power & Knowledge of a Diverse set of People under a structure called Organization

8) So the Child Grows with the Ambition of becoming the Best

9) He never grows with the Desire to Discover the Best in others

10) In fact the Burning Desire to be the Best blinds them from seeing the "TALENT" in others

11) They always feel that the other Person is not Good

12) Most Practitioners run down others of their Fraternity

13) A Doctor rarely praises another Doctor, an Engineer rarely praises another Engineer, a Creative Artist rarely praises another Creative Artist, a Trainer rarely praises another Trainer and so on and so forth unless he happens to be an Entrepreneur (Trend Spotter and Talent Spotter). 

14) It is the nature of Professional Practice to be a Winner and Victor all the time and to crush the competition and blow it away if possible. Being the Best is the Path to  Practice

15) Practice is always limited by Human Capacity - A Doctor can only see let's say 20 to 30 Patients in a day because he just has 8 to 10 hours per day to Perform his Skill

16) So the only way to Prosper for a Practitioner  is to Charge High Margins 

17) And only Super Specialists in any field can do so (ie to charge very high margins)

18) For example some rare surgeries can cost upto Rs 10 lac 

19) And this certainly makes the doctor Rich but does it make him Wealthy?  Because this Richness comes at a huge cost of Mental Pressure, Reputation Pressure, Extreme Hardwork & Stress 

20)  This is clearly NOT the Path to Wealth which most Toppers of the Class desire to tread upon

21) Falguni Nayar whose Brand Nykaa after listing made her wealth soar by  Rs 50,000 crore is truly a creator of Wealth

22) Such 'Wealth' is Never  Earned by the Individual Specialists or Experts who use his or her Expertise or Specialty to Extract More out of Individuals

23) I am an Expert (Doctor, Lawyer, Architect, Trainer, CA, Artist etc.) and hence you pay me Unreasonably Higher fees is Perhaps the Way to Money but Certainly not the Way to Wealth 

24) Falguni Nayar, Sachin Bansal or Flipkart or for that matter Rakesh Jhunjhunwala's Path built upon Entrepreneurship and Investing Principles is the Appropriate Way to Wealth

25) This is because they become Wealthy by making others Wealthy and not by Squeezing out Money out of Individuals. 

26) Practice is always a Zero Sum Game whereas Entrepreneurship is a Game of Abundance

27) So how does one become a Rakesh Jhunjhunwala, a Falguni Nayar, a Sachin Bansal of Flipkart or any other Entrepreneur for that matter

27) An Entrepreneur 

a) Wants to Solve a People's Problem first

b) He is willing to Sacrifice in the Beginning; his Time & his Money

c) He is Convinced he can't do it alone and this is the essence of Entrepreneurship

d) He has a Burning desire to Solve the People  Problem

e) This provides him Clarity of Vision

f) He knows he cannot embark upon this mission all by himself whatever be his Talent and Capabilities

g) He understands the Power of Leveraging; Making Use of Other People's Money, Other People's Time, Other People's Talent, Other People's Education, Other People's Talent etc

h) He understands that he needs to be the fevicol that brings all the Factors of together

I) He knows he is like the Music Director who commands the Respect of the Orchestra

j) He knows he has to have the ability to Spot Trends, Spot Talent, Create a Team, Design the Culture that holds them together like Glue and He Needs to Drive them all in Unison and Harmony towards the Collective Goal

k) Hiring the Right People, Providing the Right Inputs to them and making them Super Stars is the Mindset that the Class Toppers  rarely have because our  our Education System and Family Culture rarely Encourage

27) Times have changed and Education needs to keep pace. Hopefully the New Education Policy will encompass some of these practical aspects

28) The way to be Wealthy is to let the market value your worth

29) We may keep saying that Zomato / Nykaa are overvalued till the cows come home

30) Recollect the times when we had felt the same about WhatsApp Valuation or Instagram Valuation or Hotmail Valuation

31) Didn't they all Deliver as per expectation?

32) Never underestimate the Market. It's always a few steps ahead of our thinking abilities

https://www.investmentjunctions.com/

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