Just hard work doesn't guarantee wealth anymore.

[leonair]

If only investing a lot of money could make you successful in business, everyone would do business and be rich. Being successful in business is very difficult and the risks are very high. I think business is a game where there are losses and wins. The more one can use his talent and creativity, the more likely he is to succeed. However, along with using talent and creativity, one has to work hard and take risks. And that is why not everyone can do business, and those who succeed in business can earn the most money. Some people start businesses with small capital and become successful, while others start businesses with large capital and become destitute. Therefore, it must be accepted that if you want to do business, you will need creativity and hard work, as well as the ability to take risks in making investments.

I understand that hardwork, talent and creativity is important in building some form of wealth, but we need to understand that some investment has the potential to make some one a millionaire, but the problem is most of those investment opportunities are not mainstream and most times this stock opportunitiesare micro cap companies . Just saw a news where a stock [I've forgotten which] moved 75x in 8 months, opportunities like that can change a lot of fortunes

Someone has been able to utilize his opportunity. Opportunities do not come again and again. Those who can utilize the right opportunity at the right time can change their economic situation very quickly. And for this, creativity and technical knowledge are definitely needed. However, hard work cannot be neglected because of this. Because hard work is also needed to utilize creativity and technical knowledge properly. Even if you do not do direct physical labor yourself, you have to do technical labor and have to complete the work by others, this is also a kind of hard work. Hard work is not just physical labor, but also technically completing a task and getting the maximum results from it.

[Mehmet69]

If only investing a lot of money could make you successful in business, everyone would do business and be rich. Being successful in business is very difficult and the risks are very high. I think business is a game where there are losses and wins. The more one can use his talent and creativity, the more likely he is to succeed. However, along with using talent and creativity, one has to work hard and take risks. And that is why not everyone can do business, and those who succeed in business can earn the most money. Some people start businesses with small capital and become successful, while others start businesses with large capital and become destitute. Therefore, it must be accepted that if you want to do business, you will need creativity and hard work, as well as the ability to take risks in making investments.

I understand that hardwork, talent and creativity is important in building some form of wealth, but we need to understand that some investment has the potential to make some one a millionaire, but the problem is most of those investment opportunities are not mainstream and most times this stock opportunitiesare micro cap companies . Just saw a news where a stock [I've forgotten which] moved 75x in 8 months, opportunities like that can change a lot of fortunes

Opportunity changes the fate of many people, but to grab that opportunity, you need the right network. Suppose your NetWorth is very good but you do not have enough network, then you will not find many good places where bigger opportunities are waiting for you. So, hard work alone will not do. Along with hard work, you have to network with the right people. You should visit all kinds of investment places again and again to invest. You will not even know when a big opportunity will come to you.

[gracreavix]

I agree that hard work is very important but in our society today hard work alone can’t guarantee wealth. A person can work for long hours and still find it hard to go about life, if the income doesn’t correspond with his expenses.

That’s why ownership of assets and businesses is very crucial . If a person can combine hard work with  ownership and investment that person will create more doors for financial growth. But we shouldn’t forget that ownership has  risk, and it’s not all investment that will do well.

Hard work should be necessary for everyone if you intend to survive in a country where there are little or no good plans for the common man but in doing so much you have to position yourself in the right direction where your work or craft will be noticed and appreciated else you will end up working so hard with peanuts as you take home salary. Bills are much and you need to be employed in a good company to be well paid so if you have the finance to start up a business then that's going to be a better way you can have the rewards for all the hard work you will be doing for yourself. Mind you the business you venture into doesn't automatically make you rich you still need to ensure you manage it properly before it can be bringing good profit to you.

Starting a business never guarantees success,  what matters is how the business is managed. Many invested huge capital in business believing that is the end of their suffering but at last it never end there while others that had little invested in sane business with good management it yield profit result at last. Therefore it doesn't matter what is invested in business,  what matters is how it is managed. And to manage this said business,  it requires relentless hardwork and other factors,  if not all will turn to zero at last that is why hardwork is never excluded in the ladder of success.

There's alot more to just starting a business. Starting or investing your money in a business is the first and least step, Yeah good management is key to scaling and building a profitable business, but for me the first and most important thing is understanding how the business works, having a prior knowledge or in depth knowledge of how that particular business works.
Because a lot of persons do jump into business that they don't really have in depth knowledge of how it works. And when you don't have in depth knowledge or prior knowledge of how a business works, then you can't actually manage that particular business effectively.

[Abiky]

Hard work never guarantees wealth, at the same time, it is never possible to achieve good wealth without hard work. Laziness is the biggest weakness of people, those who are lazy, do not want to work hard, always seek only comfort, they can never achieve wealth. If you want to achieve success in life, then first you have to get out of laziness, any work requires hard work, without hard work you will not get fulfillment in any work.

Suppose you started a work, but in the middle of that work you also started laziness, in this way, if you start laziness after starting a work, you will never be able to complete that work completely, in this case, the biggest reason and weakness for your failure is your laziness. And so, get yourself out of laziness, if you want good results in any work, you have to actually finish it with patience, only then can the work give you something good.
Not everyone inherits wealth, most families in a country are middle class, and therefore most people have to change their position through hard work, but those who do not want to work despite their poor financial situation, or are too lazy to earn to keep their family well, will always remain in the lower ranks.

That's why there's a saying in the real world: "Work Smarter, not harder". I've seen people earning minimum wage only to have a successful financial life. They might work or earn less, but they're "smart" because they often establish prioritizes. Earning more is good, however, spending excessively or not planning ahead is not.

A great way to secure your financial future would be to invest into stocks, crypto, and real estate. These often gain value over the long-term, which means greater purchasing power. Warren Buffett invested in Coca-Cola early, and now he earns millions (in USD) from dividends alone. Spend your money wisely, and there should be nothing to worry about.

[GIF-JOBS]

That's why there's a saying in the real world: "Work Smarter, not harder". I've seen people earning minimum wage only to have a successful financial life. They might work or earn less, but they're "smart" because they often establish prioritizes. Earning more is good, however, spending excessively or not planning ahead is not.

A great way to secure your financial future would be to invest into stocks, crypto, and real estate. These often gain value over the long-term, which means greater purchasing power. Warren Buffett invested in Coca-Cola early, and now he earns millions (in USD) from dividends alone. Spend your money wisely, and there should be nothing to worry about.

That's right, if you want to achieve financial success in life, you must use your resources properly, more important than how much you earn is how much you are using your income, or is all your income just being spent unnecessarily, and therefore it is not enough to just earn more, but it is also very important to know how to use that income.
And besides, you will have a lot of investment space in front of you, but are all of them good? Although there are many investment spaces, most of them cannot give success, and besides, all types of investments involve risks, those risks need to be considered. You should invest regularly according to your ability, rather than expecting big profits in a short period of time, and it is more important to create a mindset of holding on for the long term. If you do not have patience in any investment, then you will never be successful in that investment.
And investing in the right place is the most important thing. Personally, I like real estate investing a lot, and I have a great desire to do it in the future. It is possible to earn a lot of money from real estate investments and the risks are relatively low.

[Pearl_20]

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

In the past? Yes work hard. Today? Work smart.

With how the current society is becoming more devastating for the coming generation. Only the smart one's will be able to survive and make something out for themselves.

So many people have been on jobs for years that has only paid them salary which will not be able to pay for their bills but how do they cope? The smart one's don't sit still. They get their hands into different activities so they can meet up with today kind of society.

Very true, in the past during our father's time hard work was rewarding but this days things have changed and the system is getting more worst by the Day. Some women who carries their market on their head from day to day or even the taxi drivers would have become millionaires considering how much they put in to make sure they make sales but you'll notice that at the end of the day nothing happens. My cousin that used to run taxi recently relocated back to the village because he said nothing was working, now one has to be smart and if possible double your kind of business and evolve too, right now the recent development in technology and the high cost of commodity can't guarantee wealth anymore by just working hard.