For many years, IQ tests and results have been used to gauge a person’s ability and forecast their success.
The term “intelligence quotient” (IQ) refers to a person’s capacity for knowledge acquisition and skill application. The majority of enterprises probably don’t require applicants to take an IQ test as part of the hiring process, but IQ tests and scores have long been used as indicators of a candidate’s intelligence and success. Soon enough, there were enough cases of high school dropouts who went on to have careers that exceeded our wildest expectations. Richard Branson, Quentin Tarantino, and David H. Murdock come to mind. However, whether or not students have received top grades, a higher-than-average IQ has undoubtedly been a factor in their success.
There are many people who believe they are simply not intelligent enough to be an entrepreneur, yet there doesn’t seem to be any compelling data to support this belief. We’ve all heard of great enterprises that were founded by first-time entrepreneurs who had dropped out of school, and numerous sources claim that “street smarts” (experience) almost always win out over “book smarts” (intelligence). What then makes someone intelligent? We’ve heard the term our entire lives, and while we naturally have a rough understanding of what it implies, knowing the actual definition is helpful for clarity. Mensa describes IQ as “a form of a standard score that indicates how far above, or how far below, his/her peer group an individual sits in mental capacity,” making it the best organization to explain it. The peer group score, which equals an IQ of 100, is calculated by administering the same test to a large number of participants from every socioeconomic group in society and averaging their results. So, in the most straightforward terms conceivable, how smart are you in comparison to your peers? Of course, the next logical inquiry is: Does it matter? Yes, that is the response. At the very least, a 2012 study from the for-profit university Vanderbilt University in Nashville, Tennessee, indicated that those with higher IQs are likely to earn more wages (on average) than those with lower IQs. A high IQ can be a sign of academic success, work performance, career potential, and originality, according to other studies that have found a similar conclusion. Naturally, it’s not the only element at play. According to the same survey, five other crucial abilities contribute to a person’s success in businesses or enterprises and their line of work. The first is having the confidence to approach people, talk to them openly, and establish connections with them. The second is seeming self-assurance; assurance in both your work and yourself. The third quality is openness to new experiences and a willingness to try new things. The fourth factor is your organizational skills as an entrepreneur; specifically, how well-organized you are about your day, your plans, and your work performances and procedures. And lastly, effective communication abilities; are the capacity to deliver what needs to be spoken clearly and concisely. Real business difficulties, or practical problems, demand that you acknowledge the existence of the issue, look for information to assist in its resolution, compile a range of work performances and alternatives, and assess those answers in light of your prior knowledge and relationships. They also call for personal commitment and motivation from you. There are other, sometimes more significant methods to assess success in the organization or business world, even though cognitive intelligence and particular skill sets you might require to perform well on an IQ test may correlate to some success depending on your work.
Simple mental activities are the key to increasing your IQ for the betterment of the organization. You’d be surprised at how beneficial certain activities may be, such as crossword puzzles and vintage jigsaw puzzles as well as memory card games from your youth. Video game playing has been shown to improve concentration, problem-solving skills, and cognitive flexibility. It also helps to expand your skill set, such as by picking up a new language or musical instrument, which engages brain functions you haven’t used since childhood. Last but not least, physical and mental health are deeply interconnected; therefore, do not hesitate to engage in sports or exercise to improve your memory, attention span, and motor coordination.