Why Social Capital Is Vital For Success

The general maxim of social capital is that social networks have value.
An Overview Of Social Capital
Social capital refers to all the resources available in and coming from personal as well as business networks and such resources include ideas, information, leads, financial capital, power and influence, emotional support, trust, cooperation and even goodwill. In social capital, no single person is an owner of these resources rather they reside in networks of relationships.
Reconciling Social And Capital
Social in this regard emphasizes that the resources are not personal assets. On the other hand, capital whether human or financial emphasizes that social network is product.
Reasons Why Capital Is Productive?
•	It helps us to get things done even with ease.
•	It helps us achieve our goals.
•	It helps us to fulfill our aims in life.
•	It enables us to create value especially for people who are connected.
•	It helps us to make our positive contributions to the world at large.
What Does It Take To Be Successful?
You may ask what it will take to be successful in any project or in achieving career and life’s goal.
There is a premise that holds that the source is natural ability, intelligence, education or personal effort, but success is dependent on the relationship we maintain with each other. The implication is that no corporation can ever do well without maintain a quality and symbiotic relationship with its employees.
To be successful in any project, social capital will play a role in the following areas of individual achievement, that is the role of networks in the individual attributes people do claim.
Natural Ability – The physical and mental abilities is dependent on inherited genes and they are only a part of a person’s performance. Natural ability on the other hand is developed and shown through building strong and dynamic relationships with others.
Intelligence – It depends on inherited gene though, but intelligence is shapeable and increases through various kinds of measures such as the home environment and quality of schooling. The human mind develops through relationships whereas isolation and neglect kill intelligence.
Education – Since literacy is a function of educational opportunities as seen in this scenario: we read and write because others such as parents, friends, and teachers taught us. It means that education is an important part of human capital and making our personal investment such as going to college is possible through relationships with others.
Effort – The amount of effort invested in any project is relative to various social context. An individual will probably work hard at high-productivity workplace than in a low-productivity area. It is a fact that efforts are influenced by social environment. Likewise, our goals are influenced by our cultural background.
Chance or Grace? – Many great discoveries happened by chance – grace. For instance, accidental discovery helped so many scientific and technological breakthroughs. Being in the right place at the right time plays a major role in success because some of these great discoveries never happened by chance.
By building the right kind of relationship that draws a lot of information from others can be a proper channel to social capital. “Chances favor the prepared minds” according to Louis Pasteur
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