By Olivia Day for Daily Mail Australia
04:16 15 November 2023, updated 04:32 15 November 2023
A publicly educated entrepreneur has revealed three key advantages he believes are only available to those who attended private schools.
Zane Marshall, founder of marketing agency Lux Social, claimed that 70 percent of the CEOs running the country’s top 100 companies were privately educated.
Mr Marshall said private schools offer three things to their students – a good education, high levels of self-worth and exclusive networking opportunities.
“When you look at the difference between public and private schools, there is a huge difference, despite what people say,” he said. TIC Toc Video.
‘I think where private school students get the biggest advantage is who you know, it’s the network you come into contact with. Obviously the level of education plays a big role but it is the network that is most important.
‘When I compare my friends who went to private schools, they all went on to really high-paying jobs or got these amazing opportunities through their networks from the private school.
‘Whether it’s from a sports team, whether it’s from a friend of a friend that they went to school with, someone’s uncle, someone’s dad, they all got really good opportunities through networks at school.’
Mr Marshall said the level of self-esteem cultivated in students at private schools is the most important ingredient for future success.
‘The level of confidence and high level of self-worth that is instilled in private school students by their teachers. ‘I didn’t get that in public school,’ he said.
Audiences were divided over the video, with some public school students saying they were able to achieve success without any help or connections.
One said, ‘I went to a public school – absolutely nailed it with zero connections.’
‘Great doctors, engineers, scientists have all come from public schools. Maybe more of our money goes to public schools. Another wrote, give equal education to everyone.
However, others agreed that private school students had an advantage.
‘So it’s LinkedIn without a personal education app,’ wrote one.
‘it’s very true. Networking is more valuable than anything. Another said, ‘Also because of the cost, parents are much more invested.’
A third wrote: ‘Applies mainly to elite private schools. Not only network, you learn manners, social etiquette, slang and information about global old money.’
‘Maybe because they already have generational wealth too?’ A fourth shared, to which Mr Marshall replied: ‘Absolutely. Generally this is also a strong factor’.
One commentator said he had excelled at private school but ‘failed in life’.
He said, ‘I failed because of the huge expectations placed on me.’
‘It doesn’t matter if you go to a private school, because the elite protect their networks. These posts have been filled because of nepotism, not because of ‘who you know’,” said another.
Atlassian co-founder Scott Farquhar and his wife Kim Jackson have their children at Cranbrook – an exclusive private school in Sydney’s eastern suburbs.
However, Mr Farquhar – who has a net worth of more than $18 billion – attended the government-funded James Ruse Agricultural School in Carlingford.
His Atlassian co-founder, Mike Cannon-Brookes, graduated from Cranbrook – which also counts casino magnate James Packer and his father Kerry among its alumni.
Former Prime Minister Scott Morrison attended the public Sydney Boys’ High School, while his successor, Anthony Albanese, went to St Mary’s Cathedral College.
In 2014, an AFR Weekend review found that two-thirds of Australia’s chief executives of the country’s 100 largest companies attended private schools.
Woolworths chief Grant O’Brien was found to be the only publicly educated chief executive among the top 10 companies.
At the time, 65 percent of Australian children attended government schools.