"People with very high expectations have very low resilienceand unfortunately, resilience matters in success, Huang said during an interview with the Stanford Graduate School of Business. One of my great advantages is that I have very low expectations. Indeed, as the billionaire boss pointed out, those at elite institutions like Stanford probably have higher expectations for their future than your average Joe."
"The university is one of the most selective in the United Statesit ranks third best in the world, and the few students who get picked to study there are charged $68,544 in tuition fees for the premium, compared to the average yearly cost of $38,270, including living expenses and books. But, unfortunately for those saddled with student debt, not even the best universities in the world can teach you resilience."
"His life now is a world away from his childhood, which was, by his own admission, steeped in adversity. The tech geniuswho with a net worth of $80 billion is one of the world's wealthiest peoplewas born in Taiwan in 1963 and spent the bulk of his early life in Thailand, before moving to the U.S. at 9 years old."
Privileged Gen Z graduates are urged to lower high expectations because very high expectations correlate with low resilience, and resilience strongly influences success. Resilience typically develops through setbacks and suffering rather than through formal education or elite credentials. Elite institutions can charge high tuition (Stanford cited at $68,544) and cultivate elevated future expectations, but costly schooling does not instill resilience. A contrasting personal background illustrates adversity: born in Taiwan in 1963, early life in Thailand, migration to the U.S. at age nine, family support paired with opportunities for setbacks and difficult high school experiences.
Read at fortune.com
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