In reply to LaMentalist:
> my last few partners have been far more intelligent than I academically but practically quite clueless in some aspects .
> I have a close friend who has very few qualifications but after starting a business with £67.00 over 20 years ago is now a very wealthy man . His wife is a highly qualified accountant but would struggle to wire a plug or tell you where to pour the oil in her shiney new audi .
Funny the number of times you hear this said as some sort of generalisation or even justificaton(?) isn't it, but actually I don't really buy it. I'm mean, yes, someone can clearly by academically bright and useless at DIY (for example) but that may be down to personal choice or not having the time or someone to enthuse them. There are "some" people who are very bright intelectually but also seem to live on another world where the little things don't matter - but in my experience these are pretty rare.
If you've spent most of your childhood and young adult life doing exam after exam you may just not be arsed to learn a load of practical things that seem pointless at the time. You may not have had a father who showed you how to wire a plug, solder a joint etc (I did but I imagine it's becoming increasingly rare). If you are bright and get on the corporate ladder you probably won't see the point or have the time to learn how to build your own home or whatever. It doesn't mean they couldn't do those things if they wanted to.
Yes, I have met entrepreneurs who are actually illiterate and have sold businesses worth several millions. But most of them do seem bright and, given the opportunity and inclination, may well have done quite well academically. Maybe they were brought up on the wrong side of the track but made good anyway, or maybe they just couldn't be bothered with school and it was too late to recover that aspect. But I've also met entrepreneurs who are far, far brighter tham I am and have the acedemic record to prove it.
People come in all different packages and I just don't believe these two stereotypes is what I am saying. There's always a wide spectrum.