A few decades ago, most people believed that there was a simple formula to success; the higher your IQ, the more successful you were.
This turned out to be wrong.
Further studies discovered numerous factors that predicted success, including willpower and emotional intelligence (EQ).
These other factors are still under-emphasized to this day.
Here are 10 reasons why intelligent people underperform:
1. They Over-Analyze
Intelligence actually works as a stumbling block for social interactions.
The smarter you are, the more capable you are to over-prepare and over-analyze.
Dumb people actually have an advantage because they aren’t even aware of the consequences.
They just go in and talk to people. This lets them stay relaxed and confident, which improve their results.
So how do you solve this?
Take one piece of social skills advice at a time.
Focus on just improving executing on it because it avoids information overwhelm.
“We are dying from overthinking. We are slowly killing ourselves by thinking about everything.
Think. Think. Think.
You can never trust the human mind anyway. It’s a death trap.” – Anthony Hopkins.
2. They Rely Too Much On Intelligence
Many smart people end up using their intelligence as a crutch.
They reason, “I will just get smarter rather than work on my weaknesses.”
While it’s sometimes better to double down on your strengths, avoiding glaring weaknesses can keep you from improving.
For example, you can end up never improving your social skills.
This leads to severely off-putting lack of social intelligence that destroys earning opportunities.
This is a mistake because no matter what job you have, you will be interacting with people.
3. They Have An Ego
Have you ever heard someone say a certain sport is the best just because they play it?
Similarly, you can defend intelligence as the only key to success simply because it’s all you have.
Yet many people are smart and not rich. How come?
Ego overpowers reality.
Realize that other factors, like willpower, fitness, and EQ are worth improving.
Find someone who is just like you.
What advice you would give him?
I did this with a man who clearly needed to go to the gym. It turns out I need to do the same.
4. They Put Theory Over Practice
Book smarts are great, but the real word is different.
In the book Willpower Instinct, the author, a Stanford professor, discovered that her scientific theories didn’t always work in practice with students.
Over time, she discovered factors that the scientific process hadn’t accounted for, which allowed her to shape her teachings better.
5. They’re Scared of Change
The world’s top CEOs have expressed the importance of embracing change.
This includes Sam Walton, founder of Walmart, Jack Welch, CEO of GE, and Charles Koch, founder of Koch Industries.
Change is important because if you don’t keep innovating, your competitors will catch up with you.
You always have to stay vigilant. Most of us grew up in a risk-averse culture.
Rather than taking calculated risks that are worth it, they avoid all risks.
6. They Avoid Mistakes
The psychologist and world-famous TED speaker, Carol Dweck, wrote a book recommended by Bill Gates called Mindset: the Psychology of Success.
In the book, she discovered that unsuccessful people had something called a fixed mindset.
These people believed that they could never improve and didn’t see mistakes as learning lessons.
Do the opposite and you’ll start winning.
7. They Have an Entitlement Attitude
A top pattern I’ve seen among high achievers is that they never complain and never act like they deserve anything.
They work for it. Among average people, the opposite is true.
They feel entitled to all sorts of things from food to shelter to tuition.
Try to not complain about anything for 7 days. Ask yourself “How can I get this?” instead of just thinking, “I can’t get this.”
8. They’re Tempted By Too Many Goals
In the modern world, there are plenty of shiny objects to chase after.
You can fear missing out on something if you have to focus on something else. But this is wrong.
Here’s a story to illustrate. Once upon a time, there was a donkey.
He couldn’t decide whether to eat some hay or drink some water. He was stuck in the middle between them, paralyzed with what to do. He ended up starving to death.
If he had just focused on going to one first, he would have found that he had plenty of time later to go to the other one.
You must do the same in life. Focus on one thing for a few years. You have decades to spend.
“To succeed in your mission, you must have single-minded devotion to your goal.” – A.P.J Abdul Kalam.
9. They Lack Emotional Intelligence (EQ)
One of the key discoveries of the recent century was EQ.
It doesn’t have to do with numbers and math. It’s about how well you can recognize the emotions of others (and yourself) to better navigate situations.
What’s great about EQ is that it is learnable, unlike IQ.
Even to this day, EQ is swept under the rug.
Most people don’t bother to improve it and fail to achieve their potential in the areas EQ impacts, like wealth and relationships.