Test Smart or Street Smart

Most people think since they were very good in school they are just not smart enough to be an entrepreneur. They associate being smart only with a high intelligence quotient or IQ. IQ is a measure of how one does on tests or more specifically how well a person can memorize and recall information.

Performing poorly in academic settings has little or no bearing on ones potential success as an entrepreneur. In most academic settings you are presented with the lesson’s material and then given a test to determine how much of the information you can recall and given a grade.

Today the world is quite different with respect to IQ. Most of us have 24/7 access to the internet. Given any question to which we do not have an immediate response, we can use a search engine like Google to find the answer in milliseconds.

Some people are good at memorizing facts, are successful in academic situations, and are test smart. Some have physical prowess, make good athletes, and are smart physically. Some have a capacity to discern rhythm, tone, and timbre, and are music smart. Some are good at making network connections and are people smart.

In the end, the question is not “How smart are you?” but “How are you smart?”.

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