My Dad worked hard all his life. His work was hard manual labor. To keep food on the table he would take jobs driving a snow plow and many times had to go out in the middle of the freezing night and plow. Until he owned his own business he barely made enough money to scrape by. He worked for over 50 years, and while he is comfortable and debt free, is not considered rich. Just over 10 years ago two college kids had an idea for a search engine. They tried to sell it but couldn't so they did it themselves. Now each is a multi-billionaire and still very young.
Hard work does not equal wealth
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My Dad worked hard all his life. His work was hard manual labor. To keep food on the table he would take jobs driving a snow plow and many times had to go out in the middle of the freezing night and plow. Until he owned his own business he barely made enough money to scrape by. He worked for over 50 years, and while he is comfortable and debt free, is not considered rich.
Just over 10 years ago two college kids had an idea for a search engine. They tried to sell it but couldn't so they did it themselves. Now each is a multi-billionaire and still very young.
In the grand scheme of life, it would almost seem equitable that Dad would be a billionaire since he labored harder and longer than those two guys. The two guys should have to labor for another 40 years to get that status. We all know that it doesn't work that way.
Shouldn't Dad have the rewards that come from hard work? Should Dad have to look longingly at the new car at the dealership and walk away because he doesn't know if he should spend little money he has for such a pleasure?
Why is it so that the two guys can buy a parking lot full of new cars and not even dent their net worth, while Dad has to take a large chunk of his life's savings for just one? Luck, yes for sure by a large margin, intelligence yes, but also hiring good people played a large roll.
After working like a dog today on some technical things I got thinking about all of this. Unless I make a sale, all my hard work doesn't really give me brownie points. It doesn't bring me much closer to wealth.
Only if I focus on the things that bring wealth will it occur. To me that means more outsourcing and less getting caught up on the little things.
My Dad never hired anyone, never trusted anyone else to do the job. He had to do it to get it right. He could have a lot more wealth if he learned to work smarter, not harder.
Just over 10 years ago two college kids had an idea for a search engine. They tried to sell it but couldn't so they did it themselves. Now each is a multi-billionaire and still very young.
In the grand scheme of life, it would almost seem equitable that Dad would be a billionaire since he labored harder and longer than those two guys. The two guys should have to labor for another 40 years to get that status. We all know that it doesn't work that way.
Shouldn't Dad have the rewards that come from hard work? Should Dad have to look longingly at the new car at the dealership and walk away because he doesn't know if he should spend little money he has for such a pleasure?
Why is it so that the two guys can buy a parking lot full of new cars and not even dent their net worth, while Dad has to take a large chunk of his life's savings for just one? Luck, yes for sure by a large margin, intelligence yes, but also hiring good people played a large roll.
After working like a dog today on some technical things I got thinking about all of this. Unless I make a sale, all my hard work doesn't really give me brownie points. It doesn't bring me much closer to wealth.
Only if I focus on the things that bring wealth will it occur. To me that means more outsourcing and less getting caught up on the little things.
My Dad never hired anyone, never trusted anyone else to do the job. He had to do it to get it right. He could have a lot more wealth if he learned to work smarter, not harder.
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