There is a lot a thin line between wasting time and patience. How can we know that we are not wasting our time doing a business?
Contentment is when someone has attained a certain level of wealth without being envious of other people's wealth that surpasses theirs, yet they don't give up on still chasing possible means of expanding their wealth. Being content is not what should make someone not to do better than they are supposed to. Some people just usually give up on trying and settle for what they have so far, because it seems the higher they go, the harder it becomes for them, so they just feel reluctant, and sometimes it's also a decision they have taken not to be too wealthy but just to live a comfortable lifestyle where they can be able to meet any of their needs.
I told my friend that I want to be one day announced as part of the richest men in my country, but he told me that there is no need for such wealth; he said he doesn't want much but just a comfortable life with his family. So, I think people have different desires and decisions about what they actually want in life. Apart from that, some people easily give up after they have reached a certain level. I have big dreams, even if I cannot archive all my dreams, but the worst thing is not having any dreams of what you want to archive in life. As I have said before, people really have different dreams and desires that drive them.
Talking about wasting time and being patient, yes, they are two different things, of which patience is what needs to be exercised when you have already done something and are expecting it to one day pay you off so well in the end, but it has to do with something that you are so confident about that truly it will pay off, otherwise it will really be a wast of time. For example, a user asked in this forum how he could make $50 every week, and one of the reputable legendary members asked him to do good posts so he could rank up so fast and begin to do a signature campaign. That was good advice, but if the guy had an idea about the advice he received, that would have been counted as hope for him if he truly believed he could work hard to do quality posts and rank up, but if he was not confident enough that he would be able to do such and decided to reluctantly try his luck, it could be seen as a waste of time.
Wasting time may also be accounted for by someone who is not even doing anything at all but rather just depending on someone who has promised to help them. Just my opinion.