I have a low GPA even though I studied very hard for my exams. Could this possibly mean that I am not intellectually cut out for entrepreneurship since I can't even perform well in exams and academics?
No. GPA is a reflection of being able to:
(1) listen to directions and focus on what is important.
(2) prioritize, set a structure, and get work done.
(3) memorize information, recite, and comprehend what you learned.
GPA has nothing do with entrepreneurship and your ability to succeed in business. In fact, many of the best entrepreneurs have OCD, ADD, ADHD, anxiety, or behavioral/emotional issues rooted in their past. Some are college drop-outs. Many are without advanced degrees. Some started business in high-school and never took another course.
While GPA is not an important marker to become a successful entrepreneur, there are other things that are, such as:
- the ability to focus on what's important
- knowing yourself and why you procrastinate
- the perseverance to stay the course
- or the ability to know when to fold a failing hand
- the abilities, attributes, ambitions, and access to support you along the way
- the ability to bring others around you and to get others excited about something larger than you.
- energy and a high enough emotional quotient (EQ) to treat others well and with respect and empathy.
- the ability to delegate but also jump in.
- the ability to do hard work when required (which is much of the time)
- the ability to be fueled by self, in isolation in the beginning; no needing to be built up by others.
- willing to learn from others, get mentors, have a growth-mindset and a curious mind.
- the ability to respect risks but see fear for what it is (an emotion).
- and so on.
So while GPA a not marker for success as an entrepreneur, being able to uncover a way forward or out is. Being an entrepreneur is a blessing and a curse. Don't beat yourself up if your direction isn't crystal clear today. Lastly,...two pieces of advice:
(1) life is long and you will know when it's right to be an entrepreneur.
(2) you can do wonderful work inside someone else's company as someone who cares about "entrepreneurship". Meaning, you don't have to box yourself in and only see yourself as entrepreneur or not. Owner/Operators are always looking for people who bring an entrepreneurial spirit, can do mindset, strong work ethic to the business.
Hope that helps. - cm