Just hard work doesn't guarantee wealth anymore.

[Fredomago]

Hard work is necessary in all fields, but hard work fails only when you put your effort in the wrong place. So it can be said that hard work fails to completely guarantee success, here opportunity and right decision are your own intelligence along with hard work. In some fields, even if you cannot bring success through hard work, you can gain skills from here and increase confidence which later helps us to make more right decisions. In all fields, the results will not always be positive as per our expectations, it is based on the decisions we make, how effective the strategy we are following and how much research we have made, but hard work should be in all fields, it is necessary.

Yes, your words are right. We know that this is how everything works. Those who fail even after working hard should not actually be called failures. I would call them experienced people because they already know many things. Maybe they set a goal and worked hard for it, but it did not happen. That does not mean they are failures in life, because if one thing does not happen, another surely will. When something else happens, they will apply the experiences they gained through all their hard work. That's why hard work never goes to waste, it always becomes useful in one way or another.

Good point not because things did not ends well means that it's already a failure, if the person looks on the bright side he'll be able to reconsider trying or find another way to succeed, similar to what you said, if that experienced turn as basis when trying a different way either business or working in a different field, that experience will use as guide to prevent losing again or avoid doing the same thing then get the same outcome.

[Junii]

Not just hard work there are also many other factors to keep in mind if u want ownership and wealth. Hard work increases your chances of success  but it does not guarantee it. Things like timing and opportunities and smart work and even luck also matters. If we see in our surroundings many workers are producing more value they work very hard but wages have not increased at the same pace as the cost of living and asset prices i mean inflation versus price depreciation . What i am trying to say is just hard work is not necessary for wealth you have to be think smartly as well . In today's world hard work plus  smart work is the simple combination for wealth rather in job or in business.

[Etranger]

In today's world hard work plus  smart work is the simple combination for wealth rather in job or in business.

Not only that. The conditions are also important, meaning the socio-economic factors in which a person lives and works. It is impossible for honest, hard, and smart work to yield a profit that will ultimately make you rich and get you wealth in a declining stagnating economy. Concomitant factors are also needed. Because the exact same actions lead a person to success in one country, while in another, they mark time or even slide downward.

[Cheema02]

Hardwork is very important,  but I believe that working smart is more important. Working hard gets you make income,  buy I don't think it's enough to get you wealthy. For you to become wealthy you have to realize that you need your money to work for you. What do I mean by this statement,  it simply means that when you aquire income, it's best advice that you channel them into different chains of investment, rather than living in just your income, so saving you money in the bank. It's easier to create wealth when you are involved in different kind of investment,  but it is also advice that it very good to venture into investment that you have learned of, rather than just investment because someone ask you too, or you just felt that it's profitable.

Many people make mistakes by comparing earning earning money and building wealth. Every one knows hard work gives financial stability but along with hard work if we make smart decision then we will have the chances to grow our monkey or wealth over time. We have many example that people work hard for decades but still they fail to get financial stability. Because they don't invest on time out through i investment. we can make billion rupees and it's also becomes the additional resources of income and we get long term financial stability. But without any research and knowledge it's very difficult to start a business. So knowledge about investing is the main skill that we should learns and applied. All successful investors must have the knowledge about there investment and they also have the knowledge about Risk management and they always focus on long term success as compared to instant progress.

[LastKiss]

Yes, your words are right. We know that this is how everything works. Those who fail even after working hard should not actually be called failures. I would call them experienced people because they already know many things. Maybe they set a goal and worked hard for it, but it did not happen. That does not mean they are failures in life, because if one thing does not happen, another surely will. When something else happens, they will apply the experiences they gained through all their hard work. That's why hard work never goes to waste, it always becomes useful in one way or another.

Well said, and i actually dislike that mentality that many people have when they fail they automatically see it as the end of the road but most sometimes what they don’t understand is that it is simply a lesson in disguise and thats why i believe that most suffering are lessons because it will definitely help you learn better form the past tomorrow. People who work hard and do not achieve their goal but don’t give up they are the best and thats shy we see that most of them have better knowledge and understanding about life and they end up changing method or putting more effort in what they are doing and it works for them.

That's why it's important to have people around us and to be there for them as well. We can encourage each other when failures come to us and come to them. It's easy to tell someone not to give up but when we give our best effort, naturally we hope for the best outcome too, which is success but unfortunately, hard work doesn't always pay off.

A lot of hard work can lead to disappointment when the results don't match our expectations cause I see this quite often in my workplace where some of my coworkers work extremely hard but in the end, the company doesn't reward them as much as it should. So it's not only about being prepared for disappointment, like you said we also need to be ready to keep going, not give up and continue improving every time we fail.

[Celebration99]

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.

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.

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!

Most those whom you see that owns assets like businesses real estate and the rest of it work hard for it before they were able to get these, been wealthy is not easy most people suffer from scratch before getting to where they are now though now most people aren't even working hard now but smart but this doesn't mean that they didn't put some effort. More over this hard work are of two types there are people who labor hard and sometimes earn low and there are also people who worked hard by gaining some skills which they use to esterbilsh there self.

[Altryist]

That's why it's important to have people around us and to be there for them as well. We can encourage each other when failures come to us and come to them. It's easy to tell someone not to give up but when we give our best effort, naturally we hope for the best outcome too, which is success but unfortunately, hard work doesn't always pay off.

A lot of hard work can lead to disappointment when the results don't match our expectations cause I see this quite often in my workplace where some of my coworkers work extremely hard but in the end, the company doesn't reward them as much as it should. So it's not only about being prepared for disappointment, like you said we also need to be ready to keep going, not give up and continue improving every time we fail.

If a company does not properly reward its employees, they can always try to find another job. Alternatively, if they feel that their work is not being compensated fairly, they can reduce the amount of effort they put into that job while looking for additional work that provides extra income. In any case, I am convinced that it is not your salary that will make you successful, but rather your ability to save money, build capital, and invest it wisely.

[junder]

Not just hard work there are also many other factors to keep in mind if u want ownership and wealth. Hard work increases your chances of success  but it does not guarantee it. Things like timing and opportunities and smart work and even luck also matters. If we see in our surroundings many workers are producing more value they work very hard but wages have not increased at the same pace as the cost of living and asset prices i mean inflation versus price depreciation . What i am trying to say is just hard work is not necessary for wealth you have to be think smartly as well . In today's world hard work plus  smart work is the simple combination for wealth rather in job or in business.

To achieve success, there are indeed many things that must be considered, if you only focus on one, it is possible to achieve success, but it may be more difficult. Like the factors you mentioned apart from hard work it has explained that there are indeed many things that must be considered apart from working hard. And the best thing is to combine hard work and smart work, it's just that not everyone can do it but this can have the opportunity to make it easier to achieve success.

[BALIK]

Not just hard work there are also many other factors to keep in mind if u want ownership and wealth. Hard work increases your chances of success  but it does not guarantee it. Things like timing and opportunities and smart work and even luck also matters. If we see in our surroundings many workers are producing more value they work very hard but wages have not increased at the same pace as the cost of living and asset prices i mean inflation versus price depreciation . What i am trying to say is just hard work is not necessary for wealth you have to be think smartly as well . In today's world hard work plus  smart work is the simple combination for wealth rather in job or in business.

To achieve success, there are indeed many things that must be considered, if you only focus on one, it is possible to achieve success, but it may be more difficult. Like the factors you mentioned apart from hard work it has explained that there are indeed many things that must be considered apart from working hard. And the best thing is to combine hard work and smart work, it's just that not everyone can do it but this can have the opportunity to make it easier to achieve success.

I think there is almost no chance of success if we focus on only one factor.

Success is a long journey, and along that journey, it requires the simultaneous combination of many factor. If any of these element are missing, the remaining elements will also struggle to reach their full potential. So if we want to succeed, we need to combine both hard work and smart work.

If you look at the wealthy people in the world today, none of them became rich by focusing on just one single factor.

[AGogi2003]

Hardwork is very important,  but I believe that working smart is more important. Working hard gets you make income,  buy I don't think it's enough to get you wealthy. For you to become wealthy you have to realize that you need your money to work for you. What do I mean by this statement,  it simply means that when you aquire income, it's best advice that you channel them into different chains of investment, rather than living in just your income, so saving you money in the bank. It's easier to create wealth when you are involved in different kind of investment,  but it is also advice that it very good to venture into investment that you have learned of, rather than just investment because someone ask you too, or you just felt that it's profitable.

Working hard without experience is very difficult for you to succeed anything you’re doing you just need to be smart on it so that you can know how to deal with any situation that comes in. Doing hard work and getting experience can you guarantee of getting wealth but without experience things can be going well because you are just doing anything just to get what you need but you don’t follow some method people are following to get something at of it. Business or investment both are not a small job and people that take it serious are does that benefit later.

[I_Anime]

Not just hard work there are also many other factors to keep in mind if u want ownership and wealth. Hard work increases your chances of success  but it does not guarantee it. Things like timing and opportunities and smart work and even luck also matters. If we see in our surroundings many workers are producing more value they work very hard but wages have not increased at the same pace as the cost of living and asset prices i mean inflation versus price depreciation . What i am trying to say is just hard work is not necessary for wealth you have to be think smartly as well . In today's world hard work plus  smart work is the simple combination for wealth rather in job or in business.

Both works better together, if you are trying to work smart only without any application of hardwork or being diligent with what they do . Even same thing go for hard works , you can’t be working hard without applying smart work that’s what some folks are doing that’s why they are only feeding from hand to mouth, but applying both you will be able to work effectively and you won’t just be building wealth but a wealth with solid foundation and stuff.

[ASloveapg]

Not just hard work there are also many other factors to keep in mind if u want ownership and wealth. Hard work increases your chances of success  but it does not guarantee it. Things like timing and opportunities and smart work and even luck also matters. If we see in our surroundings many workers are producing more value they work very hard but wages have not increased at the same pace as the cost of living and asset prices i mean inflation versus price depreciation . What i am trying to say is just hard work is not necessary for wealth you have to be think smartly as well . In today's world hard work plus  smart work is the simple combination for wealth rather in job or in business.

Both works better together, if you are trying to work smart only without any application of hardwork or being diligent with what they do . Even same thing go for hard works , you can’t be working hard without applying smart work that’s what some folks are doing that’s why they are only feeding from hand to mouth, but applying both you will be able to work effectively and you won’t just be building wealth but a wealth with solid foundation and stuff.

There are some people who work hard physically, they earn the same amount by working hard physically, while another person who works smartly is able to earn more by working less. This is just an example, and this is the reality. Just by working hard, many times people do not get the desired results despite spending a lot of time and energy, and we can never ignore hard work, hard work is definitely necessary, but it is needed in a very effective way. You have to see how if we work, we will get more and richer results than that hard work, this is called working smartly, it is necessary in all areas of life.

[uneng]

I think there is almost no chance of success if we focus on only one factor.

Success is a long journey, and along that journey, it requires the simultaneous combination of many factor. If any of these element are missing, the remaining elements will also struggle to reach their full potential. So if we want to succeed, we need to combine both hard work and smart work.

If you look at the wealthy people in the world today, none of them became rich by focusing on just one single factor.

On short run, hard work is rewarding and allows the individual to raise a considerable amount of money, if he doesn't have more efficient means to do so. However, on long run, hard work is exhausting and drains all your physical and mental health. It's not sustainable to focus only on this factor, as you said.

It's necessary to improve personal skills and to maximize the return of the money you acquird by working hard previously, so you increase your income, while decreasing the length of time spent working.

When the individual neglects doing this, life gets harsh when he reaches an older age.

[Cheema02]

Working hard without experience is very difficult for you to succeed anything you’re doing you just need to be smart on it so that you can know how to deal with any situation that comes in. Doing hard work and getting experience can you guarantee of getting wealth but without experience things can be going well because you are just doing anything just to get what you need but you don’t follow some method people are following to get something at of it. Business or investment both are not a small job and people that take it serious are does that benefit later.

Experience is very effective weapon to survive in this world even it's better than money because if you have experience you always make money through it. Many people works hard for years but they don't gain anything without experience because they repeat the same mistakes. Experience is very important because it's helps to understand risk and for identification of opportunities. That's the reason why successful investors always focus learning before any investment. At parallel experience without action is nothing because always success comes through hard work, and smart plannings and in investing outcome is not gureented but these factors add favour to success. So the people who take these factors seriously get success for long term. Every mistake in business and in investing is the first stair of success and it's also increases the decision making abilities of investors.

[STT]

The base line is you cannot save the product of your labor, you cannot save at all in plain simple cash.   The distortion and destruction of cash value is deliberate, to retain value you must be invested in some shape or form in order to retain your capital value.
  This policy is seen to prevent deflation and the process by which debt would become a greater burden to government and other bodies issuing debt.  Quite a few countries would be bankrupt and/or unable to repay their debt if not for inflationary soft default as is the currency easy monetary policy worldwide pretty much.