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Not necessarilyOf course it isn't true literally every single time, but it's certainly true on average. There is a strong correlation between a man being respected by many other men, e.g. high status among his peers, and that man being a stable reliable provider.
If their is a famine, who gets cut off from the communal source of food first? The man all the other men like, or the man none of the other men respect? If the company is shedding dead weight who is more likely to get laid off? Who gets the best reviews from their colleagues and is most eligible for promotion? In all cases, the man most respected by other men has an advantage. Such men are desired by an larger than average portion of women. This in turn creates a reinforcing dynamic where women see a man being desired by women and in turn desire him for themselves more. This in turn causes even more men to respect him.
Tldr it's good to be respected. And because respect begets more respect, it doesn't even necessarily matter how the respect was initially seeded. Having others witness you being respected is at least as important as doing something actually worthy of respect.