Is the Idea That Hard Work Equals More Money a Myth?
Why do some believe that working hard leads to financial success, when inheritance and luck seem to play a bigger role? Can hard work really guarantee financial stability? What are the real factors that contribute to wealth accumulation? Let’s explore the truth behind the belief that hard work equals more money.
## The Fallacy of Hard Work and Wealth
– Is working hard really the key to earning more money?
– Can putting in long hours guarantee financial success?
– What are the actual factors that determine wealth accumulation?
## Real-Life Examples
1. Inheritance vs. Hard Work: Contrasting ways of acquiring wealth
2. CEO vs. Laborer: Dissecting the disparity in financial rewards
## Conclusion: Unveiling the Truth
– How can we navigate the complexities of wealth accumulation?
– Is there a way to ensure financial stability without relying solely on hard work?
Join the conversation and uncover the reality behind the “hard work equals more money” myth. #HardWorkMyth #WealthAccumulation #FinancialSuccess #InheritanceVsEffort
This is the stupidest take. “People only make a lot of money if they inherit or win the lottery”.
Work SMARTER, not harder.
If hard work makes you rich, show me a rich donkey.
Don’t work hard then… you may lose your job though. You can always work hard towards a career that makes you more money, that takes hard work and perseverance
I prefer a combo of the two. I have a state job and I try to invest at least 30% of my income aggressively, because of my job stability and health stipend, I can afford to take bigger risks. If I was to just work and put money in the bank, it would get eaten by inflation. May as well take a leap of faith.
I mean you can see that wages don’t go up with profits. No point in working hard for none profit sharing companies
Working hard doesn’t guarantee a high salary. Instead, your indispensable skills dictate your earning potential.
Hard Work ~ Talent ~ Luck
It’s like a tripod, you may be able to stand for a bit with just two, heck even one might get you somewhere, but without all three you won’t get as far.
Any super simplified version of a life rule is probably wrong. Including this one.
So yeah. It’s likely bullshit just because it’s too simple.
Working hard earns you more money in jobs that have a potential for advancement.
Generally speaking, poor mindset people work to survive, get up every day to collect a check, no thought is given as to what tomorrow might hold and how to prepare for it as long as today’s needs are met. Their status at work is solely based on output. How fast or how much they can do something.
In contrast, people who have a wealth-building mindset forecast and prepare for things. They seek knowledge and find ways to improve skills, and elevate their value in the market. They understand you don’t “get to have money” by letting it sit on a savings account.
What are you doing to elevating your value in the market?
You can’t work more than 24 hours a day. And even if you did, you’d die out of exhaustion.
Therefore you need to move to “value-based” work. Not “output work” — where your skills are priced enough that it is necessary for you to be there.
So if you are not willing to:
-change your habits. (Quit vices)
-learn new skills or a trade.
-learn newer and better money habits.
You won’t ever get out of that loop.
Working hard does not make you more money. If it did then every farmhand working 90 hour weeks would be a multimillionaire.
Working hard doing the right thing makes more money than being lazy at the right thing.
The key is finding the right thing to work hard at.
The amount you are paid is contingent on how hard it is to replace you. Always remember that.
How valuable is your skillset? Lots of duties required by CEOs you are ignorant to. Also, if they built the company from scratch, you aren’t seeing the years of not decades of hard work backing that up.
Gonna have to grow up and realize highly skilled labor or intellectual knowledge, in tandem with people skills and little bit of luck is how you make it.
Honestly I work half as hard now as I did at my last job for a better boss and get paid $3x as much with way better benefits 😂
IMO more like number 2 or 3 in biggest lies.
Number 1 is “Obey us and you’ll live forever”.
Business does!
It’s not a lie, the fact is wide out in the open – people just don’t want to acknowledge it because it can shatter some people’s psyches that way. Without hope, man flounders around until they either refind a purpose, or….disappear into obscurity. Which way someone goes is 100% up to them.
But modern capitalism could care less about hope and purpose, so, you’re on your own.
Hmmm no I work hard and make way more money. It depends on the work and company you work cor
lol
Some people often forget the amount of work you put it BEFORE applying for a job: spending money and time doing homework/studying for tests/group projects to get a college degree, Master’s, or certificate; studying your arse off for months to take a hard test to earn a license.
This is the type of hard work often not talked about. This is what qualifies you to apply for the high-paying jobs, not just working hard while on the job – because I can work very, very hard at my fast food job, but I’ll still be making minimum wage.
The trick to making lots of money is learning how to socially manipulate people
Of course if you are stupid it doesnt matter how hard you work.
Work smart not hard. It’s who you know not what you know. Fake it till you make it.
Now that’s the secret to making more money in the job world. Is it BS? Of course. But it’s the way it is
Whoever says hard work makes you more money? Hard work makes you normal money.
Ambition makes you more
Okay. What’s your point?
Not true at all lol
It is untrue, but hard work can be fulfilling on its own.
Welcome to Slavelandia, what are you going to do about it????
We finished early last Friday, I was out the door at 1:30pm.
A colleague was bragging about how she stayed on until 4pm, like she was some kind of legend. Dear, all you’re doing is making rich people richer, go home and friggin live.
Hard work just makes you stressed and you lose your life to make millionaires more millions.
“The only way people earn a lot of money is through inheritance or if they win the lottery”
Umm… this is adamantly false. Lots of people gain valuable skills / knowledge, work hard combined with have high financial literacy to become rich and wealthy.
Work hard at working smart to work less.
Clicking the right buttons on a computer can make you millions, busting your ass can get you nowhere. Choose your path wisely.
1.) The amount of money you make in a job is related to the perceived value of your skill set, not how “hard” you work each day. I’d argue that hard work isn’t as important as strategic educational and/or career moves.
2.) I’d like to not oversimplify, so I want to acknowledge that stats tell us wealth takes generations to accrue. Depending to some degree on where you are, financial mobility is realistically fairly limited (yes, even in the US). A person born into poverty has a significantly higher likelihood of remaining in poverty, because the resources, opportunities, and knowledge available to them are simply less, not even mentioning poverty psychology.
in the 13.25 years in my last employer, i worked so hard, above-and-beyond type of sht. I was rewarded handsomely for it( total comp was high). until the company was sold to a private equity and hired new c-levels and all hell broke loose: “strategic realignment”.
tldr: its not all lies.
Disagree. It’s really a mindset also. If you work hard and always work hard it keeps you in that mindset and allows you to better yourself and gives you more opportunities. Being lazy at work coorelates to home life and brings you down.
In IT I find the more I know the more I can make.