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Knowing what happens to the averages is next to irrelevant in trying to do the extraordinary. Also importantly: these are CEOs, not founders. CEOs are often a
by DaniFong 14y ago
Knowing what happens to the averages is next to irrelevant in trying to do the extraordinary.
Also importantly: these are CEOs, not founders. CEOs are often a different breed, and there is a selection effect for mainstream acceptability.
- greenyoda 14y agoAlso, correlation isn't causation, and there are many other factors that correlate with college educations that may make it more likely for somebody to become a CEO. For example, I'd guess that most people who become CEOs also happen to come from a middle or upper class background, and such peoples' parents would strongly urge their kids to go to college. So is it their college education or their upbringing and connections that allowed them to become CEOs? To find out, you'd have to have a rigorous statistical study that controlled for these factors. And even if we find out that having a college degree does make it more likely that you'll become a CEO, it doesn't follow that anything about what your learned or experienced in college would help you get there. The reason might simply be that most corporations have a culture of not hiring or promoting people who don't have college degrees into management positions, and you can avoid that hurdle by simply starting your own company.