'One study on nine groups of soldiers differing in job and reading ability found a correlation of .96 between the AFQT and reading achievement (Sticht, Caylor, Kern, & Fox, 1972)... Another study obtained reading scores for 17-year olds for those same ethnic groups and dates (Campbell et al., 2000) and found a correlation of .997 between reading scores and AFQT scores.' [1]
'Cognitive ability tests taken at age 11 correlate 0.81 with national school examinations taken at age 16.' [2]
Note that .96 and .81 are huge correlations. These results have been replicated across 100+ years of psychological research across cultural boundaries and across multiple disciplines.
Can you make up for lower IQ with higher work ethic? Yes, but like a shorter than average NBA player, you're going to be at a disadvantage. By no means does the existence of shorter than average NBA players suggest that you should expect shorter than average men to be just as likely to succeed as taller than average men.
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[1] https://files.eric.ed.gov/fulltext/ED101297.pdf [2] https://emilkirkegaard.dk/en/wp-content/uploads/Intelligence...