Re-defining “hard work”

“The dictionary is the only place where success comes before work.  Hard work is the price we must pay for success.  You can accomplish anything if you're willing to pay the price.”
--Vince Lombardi

Many people want to become rich and successful... as long as they don't have to work too hard. But the fact is that if "get rich quick" and "get rich easy" schemes worked, then everyone would be doing them and everyone would be rich. 

Most people, once they discover that accomplishing their dreams is going to involve some hard work and sacrifice, sadly, give up on their dreams. They settle for something less, something easier, something "more reasonable." While this may seem sensible at the time the decision is made, it can lead to regrets years later.

How much hard work are you willing to do to achieve your dreams? Often, "hard work" is a matter of perspective. After all - aren't you working hard already? Perhaps you're working hard for someone else, day in and day out, as an employee. Or maybe you're self-employed but your business is eating you alive and wearing you down. 

If your were offered the option to work hard at your job for 10 years and after that you'd be financially set for life, would you take that offer? Most people would, because right now the "offer" on the table is to work until you're 65 and then retire... if you have enough money saved up by then to retire. Some people may never be able to retire at all. So compared to the alternative, working hard for 10 years isn't such a bad deal, right?

If you get serious about your financial education, start accumulating assets, and manage those assets well, you CAN be out of the rat race in 10 years (maybe even less). Robert and I did it. We have friends who've done it. Some of the women in the Rich Woman community have done it. 

So the question is - will you do it?

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Original publish date: April 22, 2010