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How strong you need to be to make money with chess?

Completely agree with arz920; the effort-income ratio is simply terrible. English GM John Nunn finished his PhD thesis (mathematics at elite university Oxford) and made his GM title both in 1978 - stating that the doctor was easier to get.

...so think twice where to spent your time and effort...
@gurkenzug this was in the era when computers were very weak. Everything changed in the last 10 years after Kramnik lost to Deep Fritz in 2006 4-2.
please re-read my post. "effort-income ratio is simply terrible". That's the simple truth. Computers have changed the game, agreed, but not in a way to easier live from it. And not everyone is a Carlsen or even good at writing books.
Wow!

"effort-income ratio"

This is literally the most cynical phrase I've ever heard. Sir, you will go far in this world.
There is information that many among us earn training. For example, Mr. Lance as I know. He teaches on the Internet. In real life, the easiest way to earn money on the chess playing. For example, in ZH.
@NoJoke, could you please explain your opinion? Discussion evolved around the question whether playing/teaching chess will get you a reasonable amount of money or not.
Studying chess for 1 or 2 years will bring you more or less to nowhere, studying e.g. IT for the same time will give you a solid foundation for good jobs. That's all the shortcut phrase expresses.
If that's cynical, all parents in the world who tell their kids to get a real job instead of {put a leisure activity here} are cynical too.
@gurkenzug you are cynical because different effort is required from different people to achieve the same result.
How is this related to anything above?!
No matter how gifted a person is - he/she will in financial terms be better off with something else. Again a simple fact, again no cynism here.
Does how enjoyable the job is matter at all? Is being able to spend you day doing something you're passionate about worth something?

Telling a kid to get a "real job" is the absolute worst advice possible. It's a recipe to spending decades doing something you hate.

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