Education or Mindset – Which Matters Most?

I was asked to write a guest post this last week. I was writing on the topic of Financial Intelligence from my experience as a CPA. The more I wrote and reflected on my experiences over the course of my career the more I found myself thinking about mindset vs. education.

When I started my blog  I never intended it to be about mindset. My tag line for this blog is Home Based Business and Residual Income Solutions. The mindset posts have evolved as I began blogging and realized that it was such a big part of my journey and perhaps the thing I now value most.

My background encompasses working as a CPA and a Financial Planner so it stands to reason I can share with readers’ tips on how to build a successful business.  But are the “how to’s” enough? Is it education and knowledge that leads to success – or is mindset more important? I share my thoughts on this video.


What do you think about this, is the “how to” education or the mindset more important? Please leave me your comments on this below I would really love to know what you believe.

79 thoughts on “Education or Mindset – Which Matters Most?

  1. Linda G. Cox

    I couldn’t agree with you more!! Mindset has everything to do with how we live our lives! It starts from the beginning of life and encompasses everything!

    You’re talking here specifically about financial mindset. It’s wonderful to be alive right now when people are getting in touch with the reality of our hearts and minds.

    I’m sure knowledge and mindset are both very important for success. My husband piped in and said Mindset is more important. He said without the proper mindset, you won’t know what knowledge to gain.

    I say with both, we can succeed, I know it!

    To our success!
    Linda G. Cox recently posted..Baby Boomer GenerationMy Profile

    1. Sue Post author

      Linda I think your husband has a very valid point there. I so agree with your comment on being alive right now as people get in touch with our hearts and minds. Awareness is so good.
      Hey I will second that – to our success!

  2. Kay

    In my opinion both are important. I feel that you need both to succeed and in order to accomplish that you need the education first and then the mind set and determination to carry it out.

    1. Sue Post author

      Kay thanks for the comment. I too think we need both but I have a leaning towards thinking mindset is the most important.
      Have a great day

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  4. Don Enck

    In my book, mindset trumps education every time. You can have all the specialized knowledge in the world but if your mindset isn’t right you won’t find the success you’re looking for. I’ve seen too many well educated people not reach the top of the ladder because they have self sabotaged themselves with a sour mindset.

  5. Darlene Davis

    One of the most successful businessmen I ever knew had a 9th grade education. He lived on an 84′ Schooner once owned by Howard Hughes, and he was one of those people I never tired of talking with. On any topic from the ocean to the sharpest of business deals, he was a winner—and that was his mindset. He taught me that above all else, you need to see yourself as the person you want to become. He’s still a source of inspiration, ten years later!

    Loved the video, Sue. You are looking comfortable behind the camera:)
    Darlene Davis recently posted..Transitions RevisitedMy Profile

    1. Sue Post author

      Hi Darlene
      The gentleman you are referring to sound fascinating. You have also raised a very good point – seeing ourselves as the person we want to become. I think that is excellent advice!
      Thanks for your encouragement on my video. I am feeling more comfortable.
      Have a wonderful weekend

  6. Michael Stead

    Hey Sue,

    Definitely mindset wins every time in my opinion. What I have found in my studies is that many successful people didn’t even finish college or high school and some of them are even illiterate yet they go on to become multi millionaires and build organizations all over the world.

    Not to say that education is important but in my opinion, I think our way of measuring things in society today is really messed up. We’ve been programmed to pass judgements upon other people since the time we were born. Judgements such as, “Oh that person isn’t educated, they’re going to go no where!”

    It’s truly quite amazing and I’ve been reconnecting with some old friends lately and the ones that I thought weren’t going to do anything are doing very well and are running their own businesses.

    I guess it just goes to show that you can never judge a book by it’s cover…

    Great post Sue! Keep up the good work 🙂

    See you at the top,
    Michael Stead
    Michael Stead recently posted..How To Turn Up The Traffic Faucet On Your Business- “Turning A Little Into A Lot”My Profile

    1. Sue Post author

      Michael you have spoken much wisdom here. I agree with you that in our society we are messed up by the way we measure things. I too have witnessed many people who did not finish school go on to be successful. I would love to see young people more exposed to personal development and knowing how to believe in themselves.
      I also learned to stop judging a book by it’s cover in my days as a CPA. I had several clients who dressed like they were broke and drove beat up old cars, but were very wealthy.
      Have a great weekend Michael


  7. Kim Jensen

    You look great in RED! I just adore you Sue…your so refreshing and engaging! Yes..’mindset’ wins hands down. How and what we think is what, sort of, encapsulates ‘who’ we think we are and then what we believe we can accomplish. A favorable mindset will therefore bring favorable results.I love knowledge and can never set it aside, but it holds no meaning without a place to hold it in our hearts.

    Well, there it is.
    Your fan, Kim
    Kim Jensen recently posted..“Well- What Do You Know”My Profile

    1. Sue Post author

      Kim thank you so much for the lovely feedback. It really means so much to me. I am very new to doing videos and it has taken me a while to feel relaxed in front of the camera. Funny I used to get on stage at seminars in front of huge audiences and feel quite comfortable and a tiny flip camera terrified me in the beginning 🙂 – but it is all in the mindset!
      Have a wonderful weekend Kim

  8. Belinda Cunningham

    Hi Sue
    Here, here, you look great in red. Mindset hands down. From my experience as a teacher the knowledge we teach in schools is not what will help students get through life and be successful. It is usually knowledge that often won’t even be used again. However mindset and personal development is what is going to make or break us as a person and allow us to have a fulfilling and happy life.
    Belinda Cunningham recently posted..What do you want the mostMy Profile

  9. certificate training and assessment

    In my own point of view, They both come together. If you really think about it, planting education in mind of a child,they will definitely stay there.

    It is important to put it in the mind of the child the importance of education. After all this is what they need, ‘Encouragement’ 🙂

    1. Sue Post author

      I agree with you to a point but I do believe mindset is more important. I think knowledge without the mindset to use it can be wasted.
      Thanks for commenting.

    1. Sue Post author

      Thanks Gerald. You have nailed it in saying we should be concentrating on implementing our knowledge. You have a great day and week.

  10. Oliver Tausend

    Hi Sue,

    this video post is a great take.

    Mindset is not everything, but without mindset everything is nothing.

    You can do everything on this planet and simply make others rich. And you can do the very same thing and make yourself rich, too.

    For example, you can run an internet business and not create residual income through it or you can run an internet business and build yourself serious residual income through it.

    The underlying actions you do every day can be more or less the same.

    In other words: The work is always the same, if you work every day and eat what you kill or if you work every day and create a system that does the work for you over time.

    The difference is just another focus, and different focus is a question of mindset. In this case, instant gratification vs. delayed gratification.

    I don’t see a contradiction between mindset and education. The right mindset needs to be educated as well just like we need to learn to write, read and calculate – scholastic education.

    Believe it or not: I know fellow network marketers who are critical versus residual income in network marketing and compare a downline with a leaking bucket. A question of mindset ?

    Keep up your great work.

    Take care

    Oliver Tausend recently posted..Lessons From “Think And Grow Rich” – Chapter 2 “Desire”My Profile

    1. Sue Post author

      Hi Oliver
      Thanks for your words of wisdom. I agree with you and yes it does boil down to instant or delayed gratification. Most people seem to go for instant.
      I have never heard the reference to a “leaking bucket” before. I can see some people would think that. Yes it is all about mindset 🙂
      Have a wonderful weekend.

    1. Sue Post author

      Thanks for finding my blog and for your comment Jane. I agree both education and mindset are essential. For me mindsets wins out though 🙂

  11. Vannesa

    I think both are important. Education is still our key to success. A higher education gives someone bigger opportunities unlike those who have not receive proper education. Likewise, having strong determination in reaching your goal is also one factors in being successful.

    1. Sue Post author

      Thanks for your comment Vanessa and I agree both are important. Over the years I have come to believe that mindset is the most important. I know many very successful people who dropped out of college or uni. Of course it is valuable, I just think mindset is critical.
      Thanks for dropping by to my blog and have an awesome day.

  12. rave

    Education will certainly give us something that can be achieve of. But I think mindset will be my choice. I am more focus on things based on the set of goals that I have in mind. I learn more base on my objectives and mindset.

    1. Sue Post author

      Thanks for your comment and I agree with you in my pick between the two. Great to hear you are focused on things related to your goals as that is a good way to go.
      Thanks for commenting.

  13. Payday Loans

    Education and mind set should always go together for me. Education is essential to our life. Without it, we can’t reach our goals. Mindset is also important, we need it to be focused and to attain success. So I guess when education and mindset goes together, we can achieve our goals in a short time than expected.

    1. Sue Post author

      I agree they both go together. I have seen people who do not have much education but have incredible mindsets still succeed. I have also seen people with education and a poor mindset not attain their goals. I know having both together is best.
      Thanks for commenting.

  14. Jenna Khong

    Thanks for creating this. I really feel as though I know so much more about the topic than I did before. You should continue this, Im sure most people would agree youve got a gift.

  15. MP3fiesta

    Wow!, this was a top quality post. In theory I’d like to write like this too – taking time and real effort to make a good article… but what can I say… I procrastinate a lot and never seem to achieve anything

    1. Sue Post author

      Hi Jez
      Thanks for your feedback I appreciate it.
      I think writing on a blog is something you get better at the more you do. Same with most things I guess 🙂 I enjoy my topic and that helps.
      Thanks for finding my blog.

  16. Joe Young

    Hi Sue,
    Great video and oh how true! I remember after learning tons of stuff about online marketing and personal funnels, lead lists, attraction marketing, etc… I wasn’t any more successful that before it.

    I remember many times thinking…why am I learning all this for and what is it benefiting me? Still had thoughts back then of turning away from it all and giving up on home business. Success begins with our mindset. The outward benefits are only manifestations of what was working inward in us. I saw this first hand for myself.

    Excellent post!

    – Joe

    1. Sue Post author

      Joe thanks for sharing your experience. I am sure we have all been through similar thoughts on giving it up at some stage. It is part of the process I am sure. In my years working as a CPA and then a financial planner I remember so often asking myself the question how so many very educated people could earn so much money and still be broke.
      Have great week.

    1. Sue Post author

      Ray thanks for sharing that insight and I agree it is so important to have our why – and I like the the distinction of “why to” vs “why not to”.
      Thanks Ray

  17. Los Angeles DUI Lawyer

    Hi there Sue! Such a very interesting topic to discuss. But I guess I would go for mindset. It’s really hard to accomplish things without setting your mind on it. Yes, You may have the best education but if you don’t have focus on things, everything seems to be useless. Many have reached their goals because they have the passion in their heart and has the proper mindset to achieve them.
    Los Angeles DUI Lawyer recently posted..ROR Sitemap for http-wwwcaliforniaduihelpcom-My Profile

    1. Sue Post author

      I agree with you. I think mindset is very important but your point on passion is also as important. People with passion in their hearts as you say often reach their goals.
      Thanks for your feedback and have a great day.

  18. George

    No matter how you try to teach someone something,you can cry…give him money and beg him…it all depends on the mindset.

    If you want to…you learn no matter what…if you don’t want to…you can be have a direct Computer-Brain USB Connection,and still no results.

    Great article and topic.

    1. Sue Post author

      George thanks for your comment. I laughed at your comment about the USB and how true is that?

      Of course education is important but for me mindset wins.

      Have a great day.


      1. George

        Yes education might be important…but the winer today is “mindset”

        and i’m saying this from personal experience.

        Have a nice day too!


    1. Sue Post author

      Andrew you raise such a good point here. Yes mindset is so important in learning. I can relate to that even when I first came online. I was technophobic and kept telling myself that. When I changed my self talk I moved on. Thanks for raising such a valid point.


  19. Adam Robinson

    Well there’s no question that both are important. Which one is more important does not matter. Mindset usually springs from education, knowing the “how-to’s”. Know the how’s (education) and as much as possible, mastering it, will eventually lead into the “why’s” (mindset). There are people who are much smarter than the rest of us that they figure out the why’s quite early. So it appears that the how’s or education are not as important, but it is.

    1. Sue Post author

      Adam that is a very interesting point of view on the subject. I had to read it a few time to understand where you are coming from. It is an interesting topic.

      Thanks for your contribution.


    1. Sue Price Post author

      Hi Kian

      Not everyone understands what can be achieved on the net 🙂
      Good on you for learning from articles and reviews.