Just hard work doesn't guarantee wealth anymore.

[Smack That Ace]

most rich  men don’t work as hard as most people do, but I believe they are working smart , that is the difference many don’t know about.

I do not think so. I do not think anyone can become rich without working hard. As I understand it, wealthy people all work very hard, but what make the difference is that they know how to combine working smart with working hard, leveraging their knowledge and skill. They know how to seize opportunities, leverage financial resources, and utilize technology instead of just working aimlessly. That is what make them different and help them become wealthy.

Working smart will not make us rich without hard work.

[SquallLeonhart]

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.

What most people will not tell you is that "luck" plays more role than people think. And taking a courage to actually jump into making that money is another huge reason as well. So you need to follow the steps of , taking the courage to start a business, work hard on that business, and get lucky. These are it, if you do these, and get lucky, then you are going to get wealthy.

But you can't replace any of them, all three have to happen, you can't just be scared and work at some office job 9-5 and get lucky, or you can't just start a business but be lazy and hope to get rich, and you also can't have the courage to start and work hard and never get lucky and always have unlucky bad things happen and be rich. So you need all three at the same time.

[eightdots]

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.

What most people will not tell you is that "luck" plays more role than people think. And taking a courage to actually jump into making that money is another huge reason as well. So you need to follow the steps of , taking the courage to start a business, work hard on that business, and get lucky. These are it, if you do these, and get lucky, then you are going to get wealthy.

But you can't replace any of them, all three have to happen, you can't just be scared and work at some office job 9-5 and get lucky, or you can't just start a business but be lazy and hope to get rich, and you also can't have the courage to start and work hard and never get lucky and always have unlucky bad things happen and be rich. So you need all three at the same time.

Hard work benefits you, but working smartly benefits you even more. You need to be prepared for opportunities, and for that, you need to improve yourself. Working smartly can allow you to foresee opportunities. Being able to foresee opportunities means you have a chance to seize them.

Starting a business requires courage and risk-taking. To minimize risk, you need to do thorough analysis.

[Mpamaegbu]

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.

You're right. The marxim has changed. It's no longer "work hard", it's "work smart". People should switch and get used to that. There's what we call smart money now.

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

You haven't seen business owner who got wrecked? Ownership doesn't necessarily equate wealth. Again, it will depend on what one is holding and at the time one is holding it. Those who had IDO launchpads a few years ago profited hugely from them. In today's world and reality, if they didn't invest or reinvested elsewhere when they made money; definitely they will be broke by now because launchpads are out of business.

[M47AK16]

Just as it is not right to become rich by working hard, it is also not right to become rich without working hard. To become rich, that is, to achieve success, one has to work hard in the right way at the right time. One has to be disciplined in work. There are many construction workers in my area who work day and night, but due to their lack of skills, they are unable to go from poor to rich. Again, there are some skilled people who are using their skills and are rising to the peak of progress through hard work.
In fact, to achieve success in life, one has to work hard in addition to being skilled.

This is the situation we are in at the moment. Hard work doesn't equal to being rich, but not working hard equals to being rich. So you have no option but to work really really hard, super hard, and if you are lucky you will be rich, if you are unlucky you are not going to be rich. There is no guarantee with wealth, it can happen or may not happen.

But there is a guarantee at poverty, if you do not work hard and spend your time being lazy then you are going to end up with a loss, there is no doubt about that. Many people think that working hard will not make them rich, and they might be right, or they might be wrong, so they give up, and not even try, and they end up with poverty without working hard, because they think they may as well be lazy if hard work will not make them rich.

[laijsica]

The owner of wealth had to work hard in some way or the other. You have become a family wealth owner but your father made that wealth through hard work. The wealth that your father bought 20 years ago is still worth a lot. With the increase in the value of the wealth, you are also benefiting financially. A family business or investment can establish you as a wealth owner without any effort. But if you are not a skilled and competent person to protect that money, you will soon lose the wealth. Just as you have to work hard to build wealth, you have to work even harder to protect wealth. The owner of wealth is never permanent. Wealth only changes ownership. With well and thoughtful strategies, you may be able to establish ownership of money for a long time or keep it for your next generation.

[puloweh555]

If hard work is in the form of energy it might be true because nowadays hard work alone isn't enough to earn more money. For example, hard work is about how much time we spend to earn money. Some people get paid $100 for 8 hours, while others get paid $50 for 12 hours. If this is what you mean hard work won't make you rich. So you really have to work hard and work smart.

The more precise meaning is hard work and smart work because there is a difference between the two. Hard work is energy, while smart work is brain power or skill. So it's not surprising that people who work with their brains are paid more or achieve success more quickly. Because with smart work, we also have leverage, which increases the opportunity to earn money. For example, by utilizing existing technology creating content that goes viral and gets paid consistently or having money and investing it to generate more money. Reaching this level is indeed difficult and everything still starts with hard work, because even successful people started with hard work. The point is that everything starts with hard work. Even those who have a lot of inheritance, if they never learn to work hard, will definitely not know how to make their money grow.

[gabbie2010]

Honestly you made some valid points especially 9-5 jobs with hard work doesn't guarantee normal living judging by expenses incurred on daily basis, we pay for groceries pay bills, housing, feeding, electricity bills, gas, fuel car, pay school fee for kids and so on, yet at the end of the month nothing is left despite hard work, I quite agreed you about being the owner of a business this is possible by being creative in thinking of ideas that can be transform into business that humanity are always demanding for or lack by people, once that business is established and thrived by becoming successful as well blossomed the returns made from it would out weight that of hard workers

[Loyang]

Honestly you made some valid points especially 9-5 jobs with hard work doesn't guarantee normal living judging by expenses incurred on daily basis, we pay for groceries pay bills, housing, feeding, electricity bills, gas, fuel car, pay school fee for kids and so on, yet at the end of the month nothing is left despite hard work, I quite agreed you about being the owner of a business this is possible by being creative in thinking of ideas that can be transform into business that humanity are always demanding for or lack by people, once that business is established and thrived by becoming successful as well blossomed the returns made from it would out weight that of hard workers

If we all manage our financial situation properly, we will easily be able to find extra money or discretionary income at the end of the month. Our main problem is that we spend much more than our income, due to which we are not able to find discretionary income at the end of the month. If we can reduce these extra expenses and gradually be able to find discretionary income.

But yes, it is wise to find another source of income for us. However, many people get sick while working extra and face a worse financial situation. So a person needs to work extra by considering all aspects.

[Pablo-wood]

most rich  men don’t work as hard as most people do, but I believe they are working smart , that is the difference many don’t know about.

I do not think so. I do not think anyone can become rich without working hard. As I understand it, wealthy people all work very hard, but what make the difference is that they know how to combine working smart with working hard, leveraging their knowledge and skill. They know how to seize opportunities, leverage financial resources, and utilize technology instead of just working aimlessly. That is what make them different and help them become wealthy.

Working smart will not make us rich without hard work.

Sometimes we think working smart doesn't involve hard work. Even in the course of working smart hard work is involved. One still needs to stay upto days with latest trends while working smart wbich is still hard work. We need to evolve as new fashion and technology help ease our thoughts and work processes which is still a form of hard work. Hard work and working smart plays a big role in making one wealthy and successful and both just needs to be in place inorder to succeed.

[Fredomago]

Honestly you made some valid points especially 9-5 jobs with hard work doesn't guarantee normal living judging by expenses incurred on daily basis, we pay for groceries pay bills, housing, feeding, electricity bills, gas, fuel car, pay school fee for kids and so on, yet at the end of the month nothing is left despite hard work, I quite agreed you about being the owner of a business this is possible by being creative in thinking of ideas that can be transform into business that humanity are always demanding for or lack by people, once that business is established and thrived by becoming successful as well blossomed the returns made from it would out weight that of hard workers

Even sometimes you took extra time to work and being paid after the month of salary you still find yourself empty handed, which most likely reflects to even how hard you deal with your job the salary is just enough to cover your important needs, unlike if ever you find a good market to cater your business and you find success, chances to grow and let the money flow to cover your needs and have some extra to have a much comfortable life is not by far.

[bitcoindusts]

I have never seen anyone work only 4-6 hours a day and still be successful. AFAIK, even the world's richest people, like Gates, Jeff Bezos or Elon, work between 10-16 hour a day.

They works smart by delegating people to do their work.  They make their money work for them by using it to lure talented people to do their bidding.  With established system, a person can really relax and take it easy by delegating work.  Of course, the initial process needs smart thinking and hardwork.

The system is changing, and to achieve success and wealth, we need to work smarter and harder because the competition is fierce. Success will never come without effort and sacrifice.

True! But surely these sacrifices should be justified.  Meaning the gain from these sacrifices must be way more.  And the effort is out of the question, it is automatically an SOP of one wanted to achieve something.

[justdimin]

No, manual labor and physical labor are not the same. Manual labor is operating something. For example - driving a boat, driving a car and managing people or an organization etc.

Physical labor is work that is done by expending one's own energy. For example - repairing a boat, repairing a car, agricultural work and cutting trees etc.
I think you have already understood the difference between manual labor and physical labor. Labor that uses physical energy is called manual labor, while manual labor is operating a machine or managing another person using skills.

While you are partly correct, there are some things that are not how you described them. Basically, manual labour is any work that is done using tools and hands, with minimal effort and strength being used by the person himself and more on the tools being used, whereas physical labour is any work that requires complete bodily strength and stamina from the person.

Based on this, things such as repairing a car or a boat don't fall under physical labour, but they are manual labour because a mechanic uses tools and skills to get the work done, while physical labour is like lifting stuff, working in factories where humans do most of the things and not machines, etc.

Also, managing people or organizations is another category altogether, it doesn't fall under any of the two categories described here, but it falls under Administrative Labour, where the person doesn't use any physical strength, not even the hands or anything, they only use their intellect and make others do the work while they watch and command. Managers or supervisors and and other related work fall under this category where they don't do the work themselves, but are involved mentally and verbally.

[Akbarkoe]

Seeing this, I started to think that there are many people who compare working hard and working hard, as if they can only choose one!
That's stupid... why it never worked out until today.
 
These two variebles Hard work and hard work can be combined in you in any field of work, whether it's your own business or working under someone else, and if you have both you will definitely have a much better position than most people which can bring you a much bigger salary.

The harsh reality is that smart work is also fruitless...
Hard work is also exhausting with no real return...

Besides knowing how to earn money, you must also know how to take care of it, and must know how the money you have earned attracts more money to you.

[alastantiger]

Honestly you made some valid points especially 9-5 jobs with hard work doesn't guarantee normal living judging by expenses incurred on daily basis, we pay for groceries pay bills, housing, feeding, electricity bills, gas, fuel car, pay school fee for kids and so on, yet at the end of the month nothing is left despite hard work, I quite agreed you about being the owner of a business this is possible by being creative in thinking of ideas that can be transform into business that humanity are always demanding for or lack by people, once that business is established and thrived by becoming successful as well blossomed the returns made from it would out weight that of hard workers

It does not matter how hard you work there will always be someone that works smarter than you and these people are those that are going to get entitled to making wealth. If you want to become wealthy then you need to look for more ways to make money while doing less hard work, you have to start working with your brain and not with your hands because we are no longer in the industrial days that every man had to work with their hands for them to make a lot of money. We have people that are making millions by just creating apps or developing a new tools that help to make life easy and this is how they are creating value and getting rewarded in money in return.

[Botnake]

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.

Yes, hard work mixed with smart work will go a long way. Focus on leverage, efficiency and strategic value, until you come up creating your assets that provide you multiple flows of income.

While hard work is necessary, but investing early and consistent makes you build opportunities that allows you to profit on your own, not for someone else that you work for. And develop high-income skills that would be highly valued in the marketplace, that way you will build your own people and stay competitive in the market.

[Hamza2424]

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!

Yep, and it is a really uncomfortable truth that the older generation struggles to accept because their own experience contradicts it, and the data supports your point completely. I don't know about the 90s, but if back then they could grow with their productivity, then the best thing was to work hard and increase it. Even in this era, we have to work hard and increase productivity.

I think people these days are more productive than they were in the past, due to AI, they have to do more tasks than they were doing before. If they don't, someone else will, they will get the promotion, and you will be left behind. That is why the current era is working harder than the 90s, but are they getting enough appraisals? No, they are not getting enough, but the bosses are.

[Smack That Ace]

most rich  men don’t work as hard as most people do, but I believe they are working smart , that is the difference many don’t know about.

I do not think so. I do not think anyone can become rich without working hard. As I understand it, wealthy people all work very hard, but what make the difference is that they know how to combine working smart with working hard, leveraging their knowledge and skill. They know how to seize opportunities, leverage financial resources, and utilize technology instead of just working aimlessly. That is what make them different and help them become wealthy.

Working smart will not make us rich without hard work.

Sometimes we think working smart doesn't involve hard work. Even in the course of working smart hard work is involved. One still needs to stay upto days with latest trends while working smart wbich is still hard work. We need to evolve as new fashion and technology help ease our thoughts and work processes which is still a form of hard work. Hard work and working smart plays a big role in making one wealthy and successful and both just needs to be in place inorder to succeed.

I have a feeling that many people are misunderstanding the concept of working smart. They believe that working smart means doing less and putting in less effort but still achieving great results. That is a serious misconception and a deeply flawed perception.

In reality, working smart means knowing how to optimize your approach, seize opportunities, and apply technology...not minimize effort.

Success will never come to us if we do not put in the effort, persevere, and stay disciplined.

[Cheema02]

Hard work alone does not guarantee wealth, but hard work combined with strategy work, investing and planning, and continuous education will definitely guarantee becoming wealthy in the long run. Opportunity and luck should always be present, if not, hard work alone will remain insufficient after all.

However, being a hard working person is already an asset, as not everyone can do consistent hard work. But productivity and progress are very slow if you only focus on being hard working, you need to get out from your safe zone and explore and opportunities around. With luck, positivity and the right strategy in life, you won't just end up successful, but you will also guarantee maximum wealth accumulation.

Its a very rational point and understood talk that to make wealth and money only hard work is not way to success because we saw many people in daily life who works extremely hard like labours but still they lye in the lower or middle class. So the right track for financial growth is the individuals must have strong mindset with the proper plannings of his targets and he must updated with the upcoming skills then through useful opportunities he starts to grow and after it investing is a way to increase the wealth. And I agreed with your thoughts about hard working because everyone is not able to remains so consistent so discipline is also compulsory for growing. Staying in comfort zone push back the hard work you done by years so to get rich people needs to try different ideas and also if your luck works then your hard work and smart thinking gives the reward in the form of long term success.

[Iamgoat]

Honestly you made some valid points especially 9-5 jobs with hard work doesn't guarantee normal living judging by expenses incurred on daily basis, we pay for groceries pay bills, housing, feeding, electricity bills, gas, fuel car, pay school fee for kids and so on, yet at the end of the month nothing is left despite hard work, I quite agreed you about being the owner of a business this is possible by being creative in thinking of ideas that can be transform into business that humanity are always demanding for or lack by people, once that business is established and thrived by becoming successful as well blossomed the returns made from it would out weight that of hard workers

Hard work might not guarantee you success but hard work paves ways for you towards achieving success in your career, like wise people will say givers never lack, if you are very focused and hard working you also will hardly lack. There is no food for a lazy man in Nigeria and the same thing applies to every other places around the world. But people do have their different believes on matters like this. Just be hardworking and leave the rest to God through prsyers.