In some languages you will have really long words. So reducing the number of words as suggested in some comments is simply not possible. You can set a parbox
around your text to get hyphenation working. e.g.:
\parbox{\linewidth}{text with possible long words to hyphenate}
Here is a fully working example using \hy{text}
as a helper for reusing command several times:
\documentclass{beamer}
\usepackage[ngerman]{babel} % example language with long words
\def\hy#1{\parbox{\linewidth}{#1}} % helper for using command several times
\begin{document}
\begin{frame}
\hy{Die Speicherverwaltungsadressen der heutigen
Rechtsschutzversicherungsgesellschaften eines
Donaudampfschiffahrtsgesellschaftsmitarbeiters haben
siebentausendzweihundertvierundachtzig Zeilen.}
\bigskip
\begin{itemize}
\item \hy{Speicherverwaltungsadressen Rechtsschutzversicherungsgesellschaften}
\end{itemize}
\end{frame}
\end{document}
Results with and without parbox:
\parbox
.