Academia v/s Industry.
Academia is a place of trial and error. We will learn much by doing lot of mistakes. Although you work on a research topic for more than a year there are higher possibility that it is of no use due to some reasons. Failures are generally high in academia when compared to Industry. But despite the learning opportunity is tremendously high for the people in academia. One should grow themselves in academia because no deadlines are given by any authority. So academia is a place where one can gain an immense amount of knowledge by personal efforts.

Whereas in Industry all projects are taken in to consideration regarding their success. Only if there is a higher possibility of success then the projects are proceeded. So, this is not a place for trial and error and since they have a perfect deadlines, efficient performance will be done. Individual development will be indirectly initiated by the industry or a company and thus the individual achieve their challenges. So Industry is a place where experience of outside world and knowledge will grew simultaneously.