Just hard work doesn't guarantee wealth anymore.

[Etranger]

I agree.

Due to bad economy, everyone struggles except the rich people.

It's just that sometimes these sufferings are justified, and sometimes they are in vain. More often it happens to be precisely the second option, unfortunately. A bad economy by itself does not necessarily lead to suffering. But in combination with a pronounced social inequality, the absence of social elevators, regional contrast, weak education, and poor state governance, it turns into conditions from which it is practically unrealistic to get out, unless you start to systematically break the established rules. And far from everyone is ready for this, even while realizing that the rules are stupid and imposed for the sake of the benefit of some at the expense of others.

Still confused on this opinion. What reason do you think can help justify that a bad economy do not lead to suffering when we all know suffering is the end result of bad governance and its allies. 
Citizens living in a nations with bad government always ends up suffering because this corrupt system always creates a vacuum that must make things difficult for all citizens except for the once benefiting from that corrupt system of governance, but why you clearly said it do not push citizens to a suffering point is what i cannot find till now.
Although to every advantage there must be a disadvantage and same also to every disadvantage but I will be pleased if more explanation is given to this

I live in a bad economy. And I have lived in it all my conscious life, because when I was only 16, a revolution began in my country, and after it, a chain of events was unleashed, culminating in the fact that a full-scale war has been going on for 4.5 years now. I am writing this post while ballistic missiles are once again being launched at Kyiv.

So, a bad economy is the backdrop of the entire life of my generation, and the generation younger. My parents' generation managed to catch 10-15 years of economic growth and even a boom, but I was not so lucky. And it is unlikely that in the next 10 years one can count on any significant improvements. There definitely won't be any while the war is going on.

All of this, especially for people from the outside, sounds catastrophically awful. And I am not going to downplay the scale of the catastrophe, because it is indeed colossal. But still, there are people who choose to suffer and break in the face of such extremely harsh external circumstances. And there are those who continue to fight. I am one of the latest. Yes, it is terribly hard for me, I constantly feel injustice, and often even humiliation. But I do not choose to suffer. I choose to think about how to get out of this, how not to let myself break, how to live, despite everything. That is why I do not make such an implication that a bad economy inevitably entails suffering, even though it seems like a rational conclusion. Otherwise, you could just lie down and die.

[Zy_sat]

Working smart and having good timing is not enough to become wealthy. In today's economy, many people are affected; it is a hard time to succeed. Previously, working hard and smart could easily lead to wealth because the economy was not as bad as it is right now.

If you check, companies and businesses that were doing fine are folding, and these are businesses that have already been established but couldn't withstand the current climate. Think of non-existing businesses that people are trying to build from scratch. It is not easy; small businesses are crashing. It is simply a problem of the economy. If the economy is good, people can work hard and do well in their business or whatever generates money.

In this economy, everything is a hard thing to do. When we seeking back to the old time, people gets money by having a lots work. They’ve get paid fairly as what the effort they take. But now, there is too many conditions that make it harder. It is true when we do a hard work, we will get our bosses’ attention on this, either the job is well done or messed out. There is many POV can lead this into misunderstanding. For now, hard work not define you are wealthy enough, this is depend on the result.

The good thing for hard work is you are productive and the habits of being productive is a good sign for a better income to lead the wealthiness. This basic habit will also making us thinking bravely and smarter, to support the industries.

When we had a good result, a good reference from other work, this is we can said that we will be wealthy from it, but if the result not good, this won’t lead you to success. Its all depends on your attitude on work and the way of thinking.

[JiiBs]

To get rich, you need to build assets, I don't know any other way. If you work your whole life and hope to get rich that way, you'll likely fail, unless you become a managing director at a large organization, but that's unlikely unless you have connections within the company.

I think one aspect we are neglecting here is the fact that, hardware doesn’t necessarily mean that you’ve got to be working with someone or under someone else. Of course you can be working for yourself and still be working hard, you can be an employer of labour and still be working so hard. It’s more about the efforts you put in business as an individual to guarantee its success.
Hard work pays, it might take a much longer time and more of your resources but it does pay. It doesn’t have to end in being wealthy but, you can be rich from working really hard.

[imthegreat]

I want to tell you a story about how truly great efforts didn't guarantee wealth. I followed a blogger from my hometown; he was a hardworking guy and found a wife just as hardworking. They learned how to order very cheap goods from China. Ultimately, they decided to set up their own online store on a marketplace that's well-known in my country. They spent days figuring out a business plan, as he admitted in a video, and, having racked up debt, ordered the goods.
Then they monitored the shipment, labeled and sorted them, and handled the legal matters themselves. Eventually, their sales took off, but a couple of months later, additional taxes were imposed by both the marketplace and the government. They ended up $1,000 in debt. In their last video, they cried and cursed everything under the sun.

[Etranger]

I want to tell you a story about how truly great efforts didn't guarantee wealth. I followed a blogger from my hometown; he was a hardworking guy and found a wife just as hardworking. They learned how to order very cheap goods from China. Ultimately, they decided to set up their own online store on a marketplace that's well-known in my country. They spent days figuring out a business plan, as he admitted in a video, and, having racked up debt, ordered the goods.
Then they monitored the shipment, labeled and sorted them, and handled the legal matters themselves. Eventually, their sales took off, but a couple of months later, additional taxes were imposed by both the marketplace and the government. They ended up $1,000 in debt. In their last video, they cried and cursed everything under the sun.

Some kind of undisclosed story. What were their initial capital investments? If they managed to sell part of the goods, then why did they end up in debt? Taxes, no matter how big they are, apply to profit, but do not eat it all. It is not clear to me how they ended up in debt. But in any case, $1,000 is not money for a business. In orders on Chinese websites like TEMU or AliExpress, the average order check is 15 dollars. That is, it is enough to sell 10 such orders to cover the debt of 1000 dollars and end up in the plus.

[As-Soon-As]

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

You may work 8 to 10 hours a day, but those who are actually the owners spend most of their time behind their company, that is, they work behind this company almost all the time day and night. There are two types of labor, physical labor and mental labor, you may be increasing the productivity of the company with physical labor.
But the person who owns the company works in his company from both physical labor and mental labor, so it is natural that the owner of the company will receive more profit and earn more income. Consider yourself and keep asking yourself, then you will find proof of this yourself.

[boumalo]

Salaries in the US are very well paid as long as there is skills or effort.

People have debt and spend for frivolous things and don't save.

[Etranger]

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

You may work 8 to 10 hours a day, but those who are actually the owners spend most of their time behind their company, that is, they work behind this company almost all the time day and night. There are two types of labor, physical labor and mental labor, you may be increasing the productivity of the company with physical labor.
But the person who owns the company works in his company from both physical labor and mental labor, so it is natural that the owner of the company will receive more profit and earn more income. Consider yourself and keep asking yourself, then you will find proof of this yourself.

The owner of the company earns a larger income not because he works more, but because he managed to optimize processes, making it so that other people worked for him and did it effectively, and because he bears the main responsibility for the very existence of this company. Hired work can look more complex in view of its regularity, uniformity, smaller reward and a narrower field for decision-making, but at the same time it frees the employee from the necessity to take upon themselves ownership and responsibility for the vector of development. And the owner constantly under this pressure remains

[ASloveapg]

People are giving their best to their work and they want to be a millionaire in the young age and they want to invest their precious time on the job to earn a bonus but that is not good path because you should follow the short route in life if you want to earn a big amount. Many people are earning by only one job which is not enough to run the system of family. People are earning from different jobs are more happy became they have multiple source of income and they don't depend on a single income which could be end at any time because most of the chances it will be private and business mind people are earning a huge amount of money because they are Investing their most of the money and they are getting profit not income.

To get rich, you need to build assets, I don't know any other way. If you work your whole life and hope to get rich that way, you'll likely fail, unless you become a managing director at a large organization, but that's unlikely unless you have connections within the company. But if you work, save, and invest the money you've saved in assets that will generate passive income, it won't be a quick fix, but it will likely make you wealthy and able to live off the income from your assets.

I agree with you, you cannot become rich just by earning a certain amount of money, you have to save or invest a part of your income regularly and invest it in assets that can increase in value over time or generate income. If we are limited to the specific amount of money that we save, and do not use it, then it can never give us anything good. Because life does not always go the same way, and this is why if we want to acquire great wealth, we must invest, and use money in such a way that it can create more money. That is, you have to make money with money, and for this you must maintain this kind of mentality.

[Etranger]

I agree with you, you cannot become rich just by earning a certain amount of money, you have to save or invest a part of your income regularly and invest it in assets that can increase in value over time or generate income. If we are limited to the specific amount of money that we save, and do not use it, then it can never give us anything good. Because life does not always go the same way, and this is why if we want to acquire great wealth, we must invest, and use money in such a way that it can create more money. That is, you have to make money with money, and for this you must maintain this kind of mentality.

In general, I agree with such an approach, the only thing is that I always have skepticism regarding the long-term nature and immutability of such an approach, because here there is an unspoken presupposition that investing is always successful and positively resultful. And this is far from always so. Investing can lead to losses, and when this happens, then one involuntarily thinks about whether it is really such a hopeless way to simply put away money and keep it under a so-to-say pillow.

[Furious 7]

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

You may work 8 to 10 hours a day, but those who are actually the owners spend most of their time behind their company, that is, they work behind this company almost all the time day and night. There are two types of labor, physical labor and mental labor, you may be increasing the productivity of the company with physical labor.
But the person who owns the company works in his company from both physical labor and mental labor, so it is natural that the owner of the company will receive more profit and earn more income. Consider yourself and keep asking yourself, then you will find proof of this yourself.

All back to the responsibilities and conditions of work, when we are just ordinary employees then the demands we feel are just working in accordance with the portion that has been set to us after that then everything will be finished when the hours of work end but will be different when the responsibility is greater because they are required to perform to the end but this is also what distinguishes about a person's income given in accordance with the work given.
For them the owners then this will be another story because the responsibility is not only about how they manage employees but also the business they manage because it is related to their future the more enterprising and responsible they are, the greater the total uniqueness they get.

This is why some of us who remain satisfied even with the status of employees only because they are not burdened to make big decisions that could destroy the business or rack our brains to be role models for their workers. Not that they do not want to exceed the wealth but there is more risk when out of the zone that they may not be able to bear in terms of risk.

[DYOR+BTC]

Success i know do not only depend on hard work alone because if it were to be many hardworking man and women would have become the richest people on earth today. Just like what happened in my life years back, them I was working in a construction site as a scaffolder, then I believe success depends only on hardwork. I worked tirelessly for more than a years without absence for a day with believe I will come out Successful but to my greatest surprise my friend that worked smart became wealthy why me that spent all time working hard only ended up meeting ends end and nothing more.

[rachael9385]

If people only get rich through hardwork then it means that a lot of people wouldn't be struggling today, hardwork isn't the only thing that's necessary in becoming wealthy especially in today's world where we have a lot of information out there. All that's required of you is to get information and have the right connections, most people that got rich today didn't really have to go through the process of working hard. There are people that work hard to get rich and they are able to achieve that but this doesn't work for everyone.

[boumalo]

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

You may work 8 to 10 hours a day, but those who are actually the owners spend most of their time behind their company, that is, they work behind this company almost all the time day and night. There are two types of labor, physical labor and mental labor, you may be increasing the productivity of the company with physical labor.
But the person who owns the company works in his company from both physical labor and mental labor, so it is natural that the owner of the company will receive more profit and earn more income. Consider yourself and keep asking yourself, then you will find proof of this yourself.

The owner of the company earns a larger income not because he works more, but because he managed to optimize processes, making it so that other people worked for him and did it effectively, and because he bears the main responsibility for the very existence of this company. Hired work can look more complex in view of its regularity, uniformity, smaller reward and a narrower field for decision-making, but at the same time it frees the employee from the necessity to take upon themselves ownership and responsibility for the vector of development. And the owner constantly under this pressure remains

It's harder to get a huge amount and capital and risk it than show up and work.

A big amount of capital comes from debt, saving 10-20 years, convincing people that saved to risk it with you.

If it works, there needs to be an appropriate yield to offset the difficulty, risk and cost of opportunity.

[Mayor of ogba]

I agree with you that wealth comes from ownership, but don't allow it make you believe hard work doesn't guarantee wealth anymore. The people, that worked their ass to the top and built wealth through businesses worked so hard to get to the stage where they are right now, and even after building enough wealth for themselves, they are still working hard having sleepless nights just to sustain their businesses and stay ahead of their competitors. The richest black man, Aliko Dangote, just built Dangote petroleum refinery in Nigeria, did you think he did that by being lazy and sleeping all day? No, he accomplished that by planning for years, having sleepless nights, and putting in most of his time to make sure his project was a success.

[DanWalker]

Success i know do not only depend on hard work alone because if it were to be many hardworking man and women would have become the richest people on earth today. Just like what happened in my life years back, them I was working in a construction site as a scaffolder, then I believe success depends only on hardwork. I worked tirelessly for more than a years without absence for a day with believe I will come out Successful but to my greatest surprise my friend that worked smart became wealthy why me that spent all time working hard only ended up meeting ends end and nothing more.

However, don't think that working smart guarantees wealth either. Just like with hard work, if it were that simple, all the smart worker would be rich already.
But in reality, many people who work smart and even those who combine hard work with smart work still struggle to make ends meet, let alone become wealthy.

Success also depend on many other factor, such as opportunity, skills, timing, and sometime even a bit of luck. Success is not simply about working smart or working hard. Its much more complex.

[Fredomago]

Success i know do not only depend on hard work alone because if it were to be many hardworking man and women would have become the richest people on earth today. Just like what happened in my life years back, them I was working in a construction site as a scaffolder, then I believe success depends only on hardwork. I worked tirelessly for more than a years without absence for a day with believe I will come out Successful but to my greatest surprise my friend that worked smart became wealthy why me that spent all time working hard only ended up meeting ends end and nothing more.

However, don't think that working smart guarantees wealth either. Just like with hard work, if it were that simple, all the smart worker would be rich already.
But in reality, many people who work smart and even those who combine hard work with smart work still struggle to make ends meet, let alone become wealthy.

Success also depend on many other factor, such as opportunity, skills, timing, and sometime even a bit of luck. Success is not simply about working smart or working hard. Its much more complex.

Exactly, the right of skills, good timing and together with your dedication to pursue the success that you are aiming, chances is better compared to those who don't have any just working hard and nothing to follow, in terms of success only time will tell if what you are doing right now can bring you to that status but as long as you have that focus inside you there's always a possibility that it will happen just keep moving forward and continue to work out from the box to extend your chances.

[Swordsoffreedom]

I agree with you that wealth comes from ownership, but don't allow it make you believe hard work doesn't guarantee wealth anymore. The people, that worked their ass to the top and built wealth through businesses worked so hard to get to the stage where they are right now, and even after building enough wealth for themselves, they are still working hard having sleepless nights just to sustain their businesses and stay ahead of their competitors. The richest black man, Aliko Dangote, just built Dangote petroleum refinery in Nigeria, did you think he did that by being lazy and sleeping all day? No, he accomplished that by planning for years, having sleepless nights, and putting in most of his time to make sure his project was a success.

No one can become wealthy without working hard, and most billionaires today work harder than any of us. But the truth is hard work doesn't guarantee wealth. It is only one necessary factor, not a sufficient condition for success or becoming wealthy.

Hard work has never guaranteed anything and it never will. But without hard work, your chances of achieving success are close to zero.

[AgriTrack]

In this economy, everything is a hard thing to do. When we seeking back to the old time, people gets money by having a lots work. They’ve get paid fairly as what the effort they take. But now, there is too many conditions that make it harder. It is true when we do a hard work, we will get our bosses’ attention on this, either the job is well done or messed out. There is many POV can lead this into misunderstanding. For now, hard work not define you are wealthy enough, this is depend on the result.

The good thing for hard work is you are productive and the habits of being productive is a good sign for a better income to lead the wealthiness. This basic habit will also making us thinking bravely and smarter, to support the industries

In today's era, getting rich just by earning money is no longer certain because earlier people used to think that people can get rich by earning money, but today this is not the only important thing. For this, we have to invest somewhere where we cannot save. We have to plan well for our benefit and should have a business mindset because in today's era, many people work very hard day and night, but even then their income is limited. To earn money, not only hard work is required, but our thinking should also be good so that we can start our own business with our good skills. With this, a person can change himself over time because where a person works, he can also start his own business with his thinking and good effort and savings, just like in today's era, many people invest their good money by making a partnership in a good place and later benefit from it.

[MRY]

In today's era, getting rich just by earning money is no longer certain because earlier people used to think that people can get rich by earning money, but today this is not the only important thing. For this, we have to invest somewhere where we cannot save. We have to plan well for our benefit and should have a business mindset because in today's era, many people work very hard day and night, but even then their income is limited. To earn money, not only hard work is required, but our thinking should also be good so that we can start our own business with our good skills. With this, a person can change himself over time because where a person works, he can also start his own business with his thinking and good effort and savings, just like in today's era, many people invest their good money by making a partnership in a good place and later benefit from it.

The fact is that your wealth created by keeping money in an ordinary savings account will be washed away each year by the inflation. Begin investing money in productive investments or lucrative business associations. Grow your personal abilities to make new sources of money. You need to work hard, and it is much more suitable to focus your efforts on developing a business.