nshepperd comments on Scientific Self-Help: The State of Our Knowledge - Less Wrong
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NOTE: I made a mistake in this analysis due to a brain fart. I fixed it and reposted it.
That's correct. I'm not particularly interested in defending any particular method, just the notion that pickup in general can be lead many guys to greater success.
I agree that there is plenty of dishonesty in workshops, based on reviews I've heard. I'm not so confident that the money is good. Let's do a little accounting (based on eyeballing a few well-known programs):
Assuming a 3:1 student teacher ratio, each instructor would pull in $6000 for the bootcamp. $6000 / 24 hours work = $250/hour. Except we need to count the plane flight. ($6000 - $200 ticket) / (24 + 4 hour flight) = $207/hr.
That might seem like a good wage, but remember that PUAs can only run bootcamps on weekends. $207/hr * 50 weekends a year = $10,350/year. Even if you jack up the bootcamp rates to $3k (which some companies do), that's still just $15k a year per instructor.
Dance instructions can make $40k/year in metropolitan areas working multiple days a week. Accomplished dance instructors can run pricey workshops. While probably not as expensive as pickup workshops, they can have a higher student:teacher ratio. Based on a dance workshop I found in my area, guessing at a student:teacher ratio, gives the following:
$200 per person * 8:1 student:teacher ratio / 12 hours over two days = $133/hr... and the instructors don't have to travel. With a 10:1 student:teacher ratio, it's about $166/hr.
Pickup instructors obviously can't make much from bootcamps. Bootcamps just aren't scalable. You can only work on the weekend, and you have to be doing marketing and lead generation during the week. PUA gurus must make most of their money from ebooks and DVDs, unless they can do some pricier form of coaching. (Of course, dance instructors who are entrepreneurially minded will have instructional DVDs, too.) Or PUA instructors have day jobs during the week, which burns time for building their pickup business.
Running pickup workshops is clearly not a very profitable business. For teaching students live, it's not obvious by how much pickup instructors out-earn instructors in the performing arts... if at all. Doing in-field instruction is also extremely grueling, and live demonstrations are high pressure. Pickup instructors must demonstrate the techniques every weekend even when jetlagged, sick, or hoarse from shouting. On top of that, their work is stigmatized.
If anything, lack of quality of pickup instruction is more likely because PUA gurus are poorly compensated, rather than because they are well-compensated.
So... you wanna be a pickup guru?
Huh? Units do not match. If the average weekend bootcamp makes the instructor $6000-$200 = $5800 / weekend, earnings per year should be (up to) $5800 * 50 = $290,000.
Oops, I changed the analysis in the middle. I'll go back and re-do it.