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“Paying dues” is a waste of everyone’s time and the productivity of the market. It means one node of the market was underutilized, purely for ego. One thing I
by yieldcrv 1y ago
“Paying dues” is a waste of everyone’s time and the productivity of the market. It means one node of the market was underutilized, purely for ego.
One thing I like about being closer to market oriented trades (or directly trading) is that your compensating is immediately based in the utility you provide. Like in financial services if you provide a service is based on the volume and your toll on that volume.
But yes if you dint have opportunities, like the knowledge, capital and flexibility to leverage it, then there’s entry level grunt work remaining.
- esseph 1y agoIt takes time and experience to learn a skill, call it whatever the hell you want.
- kevinventullo 1y ago“Paying one’s dues” has a very different connotation to me than “Learning a skill.” The former suggests a tenure-based system of seniority and pay scales, rather than a meritocratic system based on skill level and actual output.
- ghaff 1y agoTo me it just says you'll make less for a period while learning the ropes. I suppose there are situations where you need to be spending the time to empty the trashcans but I don't take it that way.
- esseph 1y agoSkilled trades are physical, not software. They're not simulations. Iterations and experience require actual time. Call it whatever you will, but you're only getting the experience by spending a large amount of time and cycles. Signed, son of a carpenter than did 30+ years and then taught it to underprivileged youth.
- yupitsme123 1y agoEven in the industries you're talking about you still have to pay your dues by building a client book, learning the industry, etc. It becomes wasteful when advancement depends less on experience or intelligence and more on seniority or politics.