Topic: Is labour wealth? - page 4. (Read 1942 times)

Wealth comes from God Almighty, our job is to work and I am sure that regardless of whether or not after we try later we will only receive the provisions basically. I personally have tried with various efforts to add activities to increase income but the end result is not the same and up to the expectations I want. However, I am still grateful even though the results are like that, the positive point is that I am still given health so that I can carry out other activities well.

Hard work isn't the way to success but smartness and having ideas that can help you change your life. I'm going to use this forum as an example, in this forum there are people that get paid as high as $100 and this might look cheap in some countries that are paid hourly but in countries that are paif monthly and weekly, if you give them $100, it's like you have change their life. Now, imagine been paid that amount weekly when you can do more hardwork outside the forum.

Not just this forum is a place where money can be made without doing much, actually staying online and been active is hard too but not compare to someone that has to stay awake from money and night only to be paid the same amount where you can just spend 5 hours and enjoy the rest of the day with your family. Work smart, connect with people and make networking and don't use hardwork to kill your body before you can make money.

Labour can be wealth depends on the how your labour is,every labour has a prize so it depends on what you labour for to get your wealth.bill gate been a wealthy man has laboured in is own way to be this rich.so my opinion I believe labour is wealth because with out labour there is no reward and your reward might be wealth

Hard work is the key to success but it must be based on knowledge and intelligent abilities, hard work alone is not enough, there must be a pattern that can make us successful through hard work, hard work coupled with creative ideas will make it easier for us to get to where wealth is. , and we have to prepare various aspects to reach the highest point so that we can direct ourselves, training our patience and mentality is also important so that our hard work so far is not wasted.

Hard work must also be accompanied by intelligence and also high spirits because to achieve success it will not be enough just by working hard at this time because now almost everyone must be able to work smart in order to be able to cut more energy and time in achieving the desired success. In addition, there must also be high spirits and dedication so that the steps we build are truly consistent and not easily fragile and not easily complaining when conditions become more difficult at certain times.

Those who work hard honestly, they never get bored. They can achieve good success at some point, the only key to success is hard work. As well as luck has some hand but you have to work hard. If you work hard you will definitely get success sometime.

Yes I agree labor is a resource we need to work hard as well as be smart. A nation that is more hardworking and intelligent is economically stronger in the world. Behind the development of the world's developed countries is the story of the labor force. The economic value of a country depends on its labor force, but that labor force must be converted into skilled manpower. In fact, to survive in the world, one has to struggle, labor is the main tool of human development. So if we want to increase our wealth and even improve our condition, we must make ourselves labor oriented.

We have to be diligent as well as efficient. If you mindlessly do manual labor it may not work for you. Remember that in order to move a country forward economically, skilled manpower plays an important role along with the labor force of that country.

My own definition of wealth is riches or assets that is stored and it can generate income even in your absence. Labor on it's own is work to earn money and if you just use the money to take care of your immediate basic needs it will become survival because you are not reserving anything for future needs. But when you earn money and invest it where it will yield more money in the future then it becomes wealth.

Many people in underdeveloped countries works hard meaning that they labor but they are not wealthy individuals because despite their struggling if their work stops their conditions will become worse off. Wealth is after using your skills to earn money then you can give your children quality education, have assets that can last into the future and you can rely on. People can inherit wealth while others have to struggle to make and build wealth, it doesn't come by work or labor alone.

If someone has the intention to build a business, they can save for the capital needed and may need to think about how someone can make a percentage of savings as a step to build a business.
If the assumption is like that, then the people who will be successful in building a business are only those who have a lot of money and have a network of rich people.
But the fact is that there are also people who have succeeded in creating a business despite any limitations and whether someone who builds a business starts with a large capital and why not think about building a small business first before everything becomes big.

Of course building a business is not easy because it does require many things as support, but if someone is serious and has the skills to develop, they will definitely achieve success even though it comes late.

Labour itself does not equals wealth, labour is the process which used to create wealth by adding more value to products and services all of it by human effort or the use of energy.
It is perceived to be inherently tied to the work being done by a human being, but technology (from the very beginning with the invention of the wheel, steam engines and now artificial intelligences) has been always been about making labour more efficient, using less energy and man power to create as much production as possible.

When a cook takes a steak and turns it into a gourmet meal, it is wealth creation.
When an engineer turns a piece of steel into a gear, that is also wealth creation.
When an artist creates a drawing, that is wealth creation.

All of them involve human beings and effort (both physical and mental) which is to be replenished by a salary.
Only time will tell what is going to happen when machines start to replace most of the working population and the wealth gets further accumulated by a few percentage of people. There is likely we will see a marked decline in world population, specially in asian and western countries.

We don't need to separate between hard work and smart work, these two things as you mentioned about energy with past dogma in effort and smart in today's thinking about business, honestly these two things are very related and if you combine both to get wealth it will be much faster, because if separated, smart alone is not enough to build wealth and hard work with energy alone is not enough to build wealth, therefore it must be combined, we must work hard and work smart, I often see an Elon Musk who only sleeps for a short time and even sleeps in his office to ensure his business is successful.

Energy and brain are tools that we can use to build wealth.

I was doing analysis at of how things were in the 90s and now and the things that gives value now and then is actually different, labor maybe wealth to some people, brains might be wealth might be for other so everything is just different for everyone and I feel like wealth is no longer by labor,  just that you if you don't work you won't eat, we know that the effort is good and even if we are trying to be smart we still effort even in our consistency, how it is built is also very important because everything will start from the mind and how prepared you are towards building the future.


Yes labor is important but not to everyone their are people whose mindset can creat wealth for them the sense that they can actually own companies and allow people to work for them and we all have different desires and expectations and how how life will go is all in our hands if we want to work or we want people to work for us. We are also scared of risk and if we don't risk it now that is if we have the idea to start up a company does that owes a lot of companies today started with an idea also. Health might be very important profession but it the new idea with AI now is going to make humans in that sector to be oudated. When we think we should think about the future and how things will look like when the future comes, it is coming earlier than we expected, their are some things that we don't expect to happen now and it is already everywhere, as labor is important we should also thing of retirement too.

This can be called human resources, a country will be able to become a developed country if they have good human resources. For example, in a country that has abundant natural resources, but its human resources do not have the competence to manage it, then it will be taken over by outsiders, or in other words the country cannot maximize what they have from their natural resources.
This is the task of a country's government to be able to create good human resources. As you said, this is an asset, but to create these assets we are required to work hard to be able to have them. How many countries are finally still developing countries while in terms of wealth they have it, it is because they lack inadequate human resources.

Labor can indeed be a valuable asset for a country. however, it must be kept in mind that, unmanaged, labor can be a burden. For example, if a proper education, suitable employment opportunities, or decent working conditions are not provided impetuously by the country, then the large workforce can actually become a burden. On the other hand, countries with a smaller population but skilled and educated workforces are often more productive and advanced. Therefore, what is important is not only the quantity of labor but its quality and management.

Apart from workforce quality and management, innovation and technology are an essential factor in a country's progress. A country seeking progress must have a strong technological base. The developed countries have an advantage of making the workforce capable of being more productive because of the technology used. So even though the number of workers is not too much, their efficiency is very high. And vice versa.

I think everything you said is true, and it can also be a reason why some people succeed and some people end up in the middle of the journey, and actually success is something that can be achieved by everyone, but the problem is not everyone really wants to work hard and not everyone who works hard can continue to be patient in going through the process until they achieve the desired success.

This does not mean that success is only for some people, but success is for people who never give up in working hard and also have extraordinary consistency, perseverance and patience. And also actually failure is not the end of everything, because I often hear people who succeed in achieving their success by first experiencing failure, I think we can use one of the public figures, namely Jack Ma, as an example where he experienced hundreds of failures in the process of achieving his success, but he never gave up and now he has succeeded in achieving the success he hoped for to become a famous public figure because of his inspiring success story journey, so it all depends on yourself.

Labor is definitely an asset and it is termed as valuable asset. The economic standard of a country mainly depends on the labor force of the country. The more advanced the labor force is in the country, the more developed the country is. Like health is a valuable asset and without good health the body is not good, just as labor power is a valuable asset for a country and because of this labor power a country is prosperous. Moreover, if the developed countries of the world are taken as idols, then you can research there and see that they are so developed and rich mainly because of the labor force.

That's true for most people and I believe all of the top entrepreneurs are great examples for us. They have created wealth because they have put very hard effort and that effort led them to earn wealth overtime.

There are some people who are born in rich households but even those people needed mental and physical effort to sustain the wealth that they inherit.

The ones inherited huge wealth will slowly start losing it if they don't put mental and physical effort in sustaining of that wealth.

That's why I also believe that human effort is a very important aspect of ones success in life and without effort one can't reach the levels of success he/she may wanted to reach.

I thought the definition of wealth is when you can live without labor just your capital then you are by definition wealthy.    Most people work 50 years to achieve this retirement and its fairly brief due to their life span, its hard to get and stay wealthy in this way.   Some are laboring still during their retirement, partly or even full time labor must continue if your retirement savings are not sufficent to pay the costs you still have.

Most of us aim to accumulate the wealth such as housing so that rent is no longer a bill to be paid.    If you own your land you can do many things are a greater leisure then when required to pay so many more bills while working, commuting and paying any costs involved in working.     Wealth is one thing to me, time and freedom of choice to do as you wish; so most only dream of this.

Precisely, luck is relative and it may work for or against someone depending on the aspect under consideration; however, the input, effort and hard work has a direct positive relationship with the accomplishment of goals. Even when one tries so hard and gets no results he or she gets other things like experience from the efforts put in. Perhaps it could turn into a learning experience which steering changes for the better next time within the strategies and the approaches being used. In many situations, consistency and perseverance are the main factors which may define success, even if there may be years of waiting for the outcome.
 
 One must also note that everyone has our own success story and the period to success differs from one individual to another. While looking at the group of people you named, they may not necessarily get the results they expected, this means that their efforts were not wasted. This process could be a step forward to the achievement process. Sometimes success is not easy and that brings in a very important factor which is tenacity in the face of challenge.

Maybe luck is a little involved there so that there are some people who have worked hard but did not get the results as expected, but I think when you have tried to step then at least you will get an experience that will be a lesson when for example your hard work does not achieve success. Like a group of people in your area that you have mentioned who have worked hard but are still in a low situation in life, but I think I will not conclude everything too early, remember that there is no measure of the length of time a  person must go through, and that means that maybe the group of people you mentioned are those who are still in the process of achieving something big and proud, because after all hard work is one of the keys to success.