Some very good and thought provoking comments in this thread that I appreciate.
As an extension to my comments about young people playing low stakes for a living, let me just add that I see nothing wrong with this. During a transition period.
So here's the scenario; Young Joe Blow lives in tim-buk-too, has graduated highschool, maybe some local college, and has worked various jobs while trying to figure out his role in life as an adult. Young Joe has a sharp mind, good people skills, and an adventurous spirit. Joe goes to Las Vegas to play cards for a living.
Joe is a small business man in the simplest form, he invest X amount of money and figures to get back more money than he invested. Everytime he enters a pot, makes some investments in the form of a bet, and ultimately moves on to the next hand a formal business cycle has been completed in 5 minutes. Rinse and repeat.
To me this is merely another form of a transition time for young people. Young Joe can play poker for awhile, no set time frame and maybe travel abroad occasionally, everyone is different and everyone has a different learning curve.
However, at some point Joe will realize that playing low stakes poker is a dead end. There are only 24 hours in the day and only 1 of him. His earning potential is capped at about $50k to 70k per year maximum, with no guarantee of this -but the very real possibility of breaking even or losing money.
Now add in the lifestyle of a poker player that has many distractions and temptations that even the most disciplined person can get caught-up in, top of the list include: booze, drugs, wild women, living beyond your means, ect.....
Joe has to go work everyday just for the opportunity to try to make income. Specifically LOW STAKES poker is a nasty and painful business, one of the few occupations where you can do everything right and still be a loser. After awhile Joe decides to do something else with his life
And FWIW, I'm open minded to ALL forms of work. Make no mistake, we all need to make money to live. To some folks this may mean a 9-5 job, to others it may trying various different business idea's on their own. Quality of life to each of us as an individual is very important!
My experience with low stakes poker for a long term occupation is synonymous with a slow & painful death of getting poked in the eye w/ a rusty spoon over and over....