Just hard work doesn't guarantee wealth anymore.

[uneng]

To solely work hard doesn't ensure wealth, indeed. Besides working hard, you also have to cut expenses at the most, otherwise everything will be in vain. Work hard, but with another financial goals in mind, so you use your current monthly income to build further income along the time.

It's harsh and challenging, but that is what modern times impose to us. You have to give up on lots of things you would like to do on the present time, but that is what has be done if you want to thrive financially.

So, at some point futurely, you won't have to work hard anymore, rather you will have to manage the investments you built with the income you made working hard. Make sure to schedule for how long you can work hard. It doesn't have to be for your whole life if you schedule it correctly.

[michellee]

The saying now change; "hard work needs smart work to success".

You should do both to success because so many competitors as worker that want to achieve the same as you and without that you might difficult to achieve.

But as workers, you should open minded with the new thing especially something that can gives more opportunities to earn more money.

If you can invest to something such as Bitcoin, you should do even that is small amount. Finding more opportunities is necessary so you will not struggle for your rest life.

[Furball808]

I understand your point because those that work most are not rich or not rich up to wealthy people, intelligence is very important if you want to make money, but hardwork is a necessity if you want to make it in life.

There’s nothing more powerful than the combination of intelligence and hard work with a little bit of luck. Some people though won’t be able to escape a bad situation just from pure hard work. You also need to be intelligent and use your time wisely.

[Swordsoffreedom]

Those richest men, do you think they are not hardworking people? If you can know what they are doing throughout the day in one week, you will see how they are also working hard.

There will be some rich people that do not sleep fast just because they want everything to be in good sharp for their businesses not to turn into something they will not like.

I understand your point because those that work most are not rich or not rich up to wealthy people, intelligence is very important if you want to make money, but hardwork is a necessity if you want to make it in life.

Hard work does not guarantee wealth, but without hard work, we will never be rich

People often say you should work smart instead of just working hard. But in reality, these two factor need to go together if you want to achieve real result

You are right, just look at those billionaires. They are not only intelligent but also very hardworking. Elon Musk has repeatedly shared that he works 11-13 hour a day. During peak hours, working hour can even reach 14-17 hour per day.

Billionaire are working harder than any of us.

[danieldavidd]

I think if you want to be a wealthy person currently in this this generation  you have to be consistent on what you're doing knowing the right thing at the right moment believe in your self be patient control your emotions
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[UpTober]

It matters a lot whether we are giving our right effort in the right place. Now, if we do those tasks smartly than working hard, then there is a greater chance of success there. If we talk about hard work, then I will directly take the example of a daily laborer here because a daily laborer works the hardest but if we consider the daily wage of this daily laborer, we will see that his income at the end of the month is very low but similarly those who are working smart are earning a lot of money by working comparatively less. Now the point is that we do not see some effort and we see some effort face to face due to which it seems that some people cannot earn much money even after working hard. A businessman and a daily laborer, the effort of a daily laborer can be seen directly but the effort of a businessman is not seen directly, we only see that the businessman is earning a lot of money at the end of the month but this businessman has to work a lot at every moment. So hard work has to be done everywhere but if you understand the right position and work, it will give you success quickly.

[Iranus]

Hard work doesn't truly make you rich; what makes you rich is knowing how to manage the money you earn while working, whether by investing or starting a business. What makes you rich is knowing how to multiply what you earn.

But if you dont work hard from the start, where will you get the money to manage and double that capital? Therefore, hard work doesnt actually make you rich, but its essential and mandatory for building an initial capital foundation.
Without starting capital, even the best strategy, money management skill, and profit multiplying method become meaningless.

[Outhue]

In the old days, all it takes is hardworking, when you hear that someone is a hardworker those who wants to hire you will gladly increase your payment just for that, no one wants to hire a lazy or not so hardworking person, but today it's a different world, even a hardworking person can't say he is different because he is hardworking, this world today doesn't favour hardworking peoples anymore. You now have to be a workaholic to have food on your table and only the few smart ones know that working smart is the answer.

[Bityar]

Hardwork still counts but being smart is equally important. Add some luck to the recipe too.

Luck + smarts without the hard work can get you to somewhere but without the hard work, it will be a temporary status.

Without luck, you will still get to somewhere but it will take longer.

Without the smarts, you might be working inefficiently as smart people choose the right tasks.

I really like your idea and I also believe in these things too. Hard work is the most important part because it keeps you strong  if you do not work hard you will lose what you gain but being smart is also key because it helps you pick the right decision Smart people do not waste time on the wrong things. Luck is the part that reach you to your goals sooner I also think that a person needs all these three to win and to get success

[Cossyblack]

Hard work doesn't truly make you rich; what makes you rich is knowing how to manage the money you earn while working, whether by investing or starting a business. What makes you rich is knowing how to multiply what you earn.

Yes just hardwork doesn't make someone rich instead smart work does. If a person is just hardworking but doesn't know how to manage his income or lack the knowledge to invest them into a business he can't be rich. Every rich person we see today worked smart They are successful today because they work smart by investing their money into businesses that generate profits. Furthermore. For you to be successfully, you must work smart by putting your money to good use, channel it into a strong nvestment or use it to start up a business that will generate profits, that's how wealth is build.

[Roseline492]

But if you dont work hard from the start, where will you get the money to manage and double that capital? Therefore, hard work doesnt actually make you rich, but its essential and mandatory for building an initial capital foundation.
Without starting capital, even the best strategy, money management skill, and profit multiplying method become meaningless.

That's all that needs to be understood from this because hardworking provides the money someone could place on other business so invariably hard work is what holds success to everybody so is how hardworking a person is that would give them some or the complete financial heights they want for themselves, people confuse stagnated future of someone who is very hardworking to believe that hardworking doesn't pay but actually it does pay a lot even if the person has not become rich because the family they are clothing and basic other finance responsibility they're providing is through hardworking.

[Nightwatchmare]

Yes, just hard work alone doesn't guarantees wealth, because in this era we are into requires strategic leverage and financial literacy rather than just labour. Wealth right now, is built through investment, working smarter utilising skills and knowledge to multiple returns. For wealth to be guarantee all you need is the right source of information, also you need to be smart by applying the right knowledge.

So, only hard work cannot give you the kind of wealth that will sustain you through life. But, one project you work on through brain work can give you the kind of wealth that hard work cannot not give you in a year.

[HONDACD125]

Hard work was never meant to create wealth, even in the past, only those who had assets and built assets were wealthy, and those who worked for them were just doing fine. Our ancestors worked hard all their lives to buy some land or whatever, which might be worth a lot right now, but it wasn't like that in the past, which means only because they bought and owned some assets back then after decades of hard work, it doesn't mean they were wealthy by doing hard work, it means that back then, it was easier to save money because economies were better, there was no inflation such as the current times, and that was why they could build assets with hard work.

But now, you can't build assets just by working; you will need to find a way to make more money than you can make by working on a wage. Those who are employed are hardly making it to the ends meet, such people can't save money to build assets, buy a house or anything, which is why we often hear people say that it used to be easier for people in the past to build or buy homes for themselves, and it's difficult for the current generation to do so. Creating a business is also very difficult since you will need a lot of resources to even get started.

[lovesmayfamilis]

OP, you need to change your understanding of the meaning of "hard work." If you regularly improve your skills and your knowledge, improving your qualifications, your work will definitely cost more than it cost when you started. In addition, education, from several educational institutions, gives people greater demand in the labor market; qualifications will always have an advantage, and accordingly, wages will be increased in proportion to experience and knowledge.

Of course, if you mean piecework, then of course, it only leads to a deterioration in health, but this does not affect those who persistently strive to organize their lives and, of course, their businesses.

[Gozie51]

Hard work can lead to productivity and productivity can lead to more income for owners, not workers, as workers may be compensated with just a little pay rise.

I think these days, hard work equals working smart. It is better to be a manufacturer than to be a consumer. So to be productive in becoming independent is quite fulfilling than becoming dependent on salary. To have the ability of diversification is working hard which has nothing to do with how much physical strength you exert in your work but how much understanding you have with capital and harnessing the human capital available to you. To depend on salary or increment in wages is not working hard.

This then leads to my point, wealth comes from ownership of assets; such as businesses, real estate and even stocks, and not necessarily by hard work, systems are changing, and ownership income is increasing.

I agree with you. Multiple source of income actually leads to financial growth and stability. Wealth is created, it is not mined.

Hard work gets you there for sure, but it's no longer enough, ownership is the wealth engine!

It gets an entrepreneur there because he or she is hard working to diversify in business and generate different streams of income. But not to the labourer or worker who only depends on salary. Salary is never enough because it is only ending up in recurrent expenditure and if you manage to save it or keep it in bank, after a year it depreciates in value because of inflation.

[Ayers]

A couple of decades ago, we lived by the saying; "hard work ensure success".
In recent times, that is however not the case, as the whole system is evolving.

Is this true, and who told you that? Or, do you have any evidence to support your claim?

Hard work has never guaranteed anything, and that was true decades ago, in the time of our grandparent and parent, not just today
If getting rich was easy just by working hard. Why did our ancestors, like our grandparent and parent still poor even though they worked extremely hard?

[Makus]

There are people that have been able to acquire wealth by working hard but anyone that tells you that it is the only way to be rich is lying to you. When you ask a lot of Rich people the secret to their wealth they just say work hard and pray, not saying that it is a wrong statement though but there is a lot they are gatekeeping. In this generation getting rich isn't easy and at the same time it is not insanely difficult. The things that actually matters are, your networking, the informations you are being exposed to and working smart, you don't have to be work hard to achieve this.

[Razmirraz]

I think just hard work will not suffice, it is important but being smart about your work is also important.

You have to be smart how you manage your connections you time and then you will see productivity going up. But this is difficult in the initial phase of life.

And wealth is not always going to be linked to work. Salary is part of the wealth but if investments, spending are not kept in proper lines, wealth will never grow. Invest in the proper places, proper assets and see yourself going upwards in life.

As technology advances, the paradigm of success has shifted from hard work to a combination of hard work and smart work. Hard work only relies on stamina and long hours, the perpetrators often become exhausted and have an effect on health which ultimately hampers the process of wealth accumulation, while smart work prioritizes efficiency to achieve better results with less energy. Quality and quantity also need to be considered, hard work is often target-oriented so that it often ignores other things, on the other hand, while smart work focuses on the end result and its impact. In my opinion, the best method is not to choose one of the two, build a foundation and multiply the results.

[free-bit.co.in]

There are people that have been able to acquire wealth by working hard but anyone that tells you that it is the only way to be rich is lying to you.

If you did not inherit anything or win the lottery. I do not believe there is any other way to become rich without working hard.

When you ask a lot of Rich people the secret to their wealth they just say work hard and pray, not saying that it is a wrong statement though but there is a lot they are gatekeeping.

They do not hide anything because they became wealthy through intelligence and hard work.

Tell me, are there any billionaires in the world who became wealthy and reached the top without working hard?

You can not ask them for more detailed advice because everyone has their own path to success. That formula may have helped them succeed, but that does not mean it will be suitable or effective for everyone.

In this generation getting rich isn't easy and at the same time it is not insanely difficult. The things that actually matters are, your networking, the informations you are being exposed to and working smart, you don't have to be work hard to achieve this.

If you say that getting rich is not that difficult. So, can you tell me, are you rich yet? Do you own billions of dollars?

[Clement Kaliyar]

A couple of decades ago, we lived by the saying; "hard work ensure success".
In recent times, that is however not the case, as the whole system is evolving.

In any decade, just take the last 100 years, you need to be smart enough to pursue an education that interests you which would be the core of your future and how much money you make determines what your qualifications are.

One can consider working for more hours as hard work, consider that with the wages on display currently as in most cases wages don't match the level of work, and the drastic economic situations, expenses are sure outweighing incomes from wages.

Working more hours does not mean your are working for a prosperous and wealthy future, you will see many hard working people in big plantation and those long hours will be proportional to the job they do. There is no doubt that the expenses are increasing and majority of the middle class will not have a substantial bank balance like our parents. 

Hard work can lead to productivity and productivity can lead to more income for owners, not workers, as workers may be compensated with just a little pay rise. This then leads to my point, wealth comes from ownership of assets; such as businesses, real estate and even stocks, and not necessarily by hard work, systems are changing, and ownership income is increasing.

Hard work gets you there for sure, but it's no longer enough, ownership is the wealth engine!

If you are starting from scratch you are not in a position to own any asset unless you inherit family wealth, if you are smart and educated and willing to work hard, you might reach your desired destination, if not life is hard and always has been hard throughout the centuries.