Reputation vs Status
Reputation is what you have been. Status is what you are now.
The two are connected, but they operate on different timescales and respond to different forces. Status updates quickly — a single impressive performance can raise it, a single embarrassing moment can lower it. Reputation updates slowly — the group needs many data points across many years before it commits to a verdict, and once committed, the verdict resists revision.
Status is the surface reading. Reputation is the deep record. Most people focus their effort on the surface and underinvest in the record, then spend their later years confused about why the surface no longer carries them. Understanding the difference is one of the most useful structural insights into how social standing actually works.