Wednesday 10 March 2010

A useless observation

Every time I think of making an intelligent post, I land up creating a mediocre one. Instead of dreaming, I thought, why not drop all the pretense and accept that all that I can do is adding few bytes of useless text to the blog store? As the thought started sinking, something strange started happening. I was feeling sad [sad that my ego has one less thing to gloat about] but I also felt lighter!  My guilt evaporated, expectations vanished, I felt free; I felt free that I can type whatever I like without needing to find any more excuses! Wonderful, isnt't it?
So let me introduce you to one of my brilliant analysis that I did today!
General Electric or GE with $156 billion annual revenue was created by Thomas Alva Edison who also invented the incandescent electric bulb among other stuff. Did you know that he was a school drop-out and had only around two years of formal education?

Jamsedji Tata, the founder of the great Tata empire is called the father of Indian Industry and in case many of you do not know, he did not go beyond matriculation.
Dhirubhai Ambani the creator of modern-day rags-to-riches story and the founder of Reliance empire, was also a matriculate.

Steve Jobs, creator of Apple and Pixar, Bill Gates, creator of Microsoft, Larry Elison, founder of Oracle are all dropouts as we all know and today each of them can boast of something that most of the formally educated mass cannot even dream!

Let's look at some other folks who have flourished in areas outside building business empire.
Einstein, the person who rewrote the laws of gravitation was very average in college as per his personal record.
Rabindranath Tagore, the first Nobel laureate from Asia, never had any formal education.
We can find more examples but I suspect they will increase the risk of more people leaving this blog. Instead let me come to the point directly.
My conjecture is 'Formal Education system' always caters to the need for average. People who are exceptionally creative find any formal education system an wastage of their time. Like the folks mentioned above, these people must get out of the education system as soon as possible. Otherwise they risk falling inside the 'average bracket' over time. In other words a country's formal education system should never aspire to create Tagores, Jobs or Edisons. These folks do not need the system. However a nation will progress immensely if they focus on developing 'average' class better. With the world moving to an open and connected market, a state will make faster progress when its 'average' fares better than the average of other states. Let it also be mentioned that averages do not create extra-ordinary history but a nation can merely hope to have the likes of Jobs and Gates. It is only the culture of entrepreneurship, respect for fair competition and a transparent system of communication that cultivate these extraordinary set of talents to grow and the societies that promote those attributes are likely to see extraordinary entrepreneurs like Edison or Jobs.