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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Yes, somewhat higher than average IQ people can be monetarily successful through hard work and persistence. Typically, they run some small business, like a franchise, something in the trades, an internet merchandiser, etc. But, none of those operations are life changing for society, and the jobs created are few, basic, and relatively low-wage - only the owner does well.

Contrast that with people of high IQ and hard work and persistence. That’s where the technology breakthroughs happen and great wealth is created, not only for the founders, but for the employees, and stockholders. [/quote]

Actually, it’s been proven that you just have to be “smart enough” when it comes to founding businesses and creating great wealth.  I recall a study (will have to dig it up) where they determined there were distinct outcomes for those with SATs of 1200+ vs below 1200.

Essentially, those with a 1200+ were “smart enough” and then actual success was most determined by hard work, risk appetite, etc.

Your examples above exclude plenty of industries like oil&gas and natural resources, logistics companies, etc. where plenty of “smart enough” people have created Fortune 100 companies that employ thousands of people and have made the founders some of the richest people in the country.[/quote]

1200 SAT is 75-80 percentile. That’s considerably above average, but not brainiac. Agree that these people can do great things, particularly if one is just focused on personal wealth. [/quote]

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