>>> The "failed" scientist refered to the fact that someone that leaves university after 2 post docs at the age of 35 to join a company obviously aimed for a career in academia but realized that this is not going to work out.
- I'm young and I even haven't finished my PhD but already my plan(as for now) is to do one or two Postdocs and then switch to industry (or work closely with industry). That's what I would consider as success not failure. You improve your knowledge and develop some ideas. Then you put your thought together and with the help of industry you make a change to the world.
>>> isn't it always about money? A huge part of the professor's work is fundraising
-No! it is not about money. It is about creating opportunities to contribute more and spread/improve your work. After all the fund is spent on research tools, hiring postdocs or students who can help with the research. So it is about one's passion.
It all depends on the motivation for starting a PhD. I agree if one spends 3-5 years to get a PhD in hope of a higher salary or promotions at industry/business. Well, there are probably easier ways for that.
On the other hand, there are people who pursue a PhD to follow their passion which they consider worthy. Government/Industry should invest on things that are worthy. Getting grants is a way to aware them of the impact of your research and in return you enjoy the honour of achievements you were looking for. Win-Win ;)
Well if doesn't work out, there are other ways of making money. I will just use the skills I have: I could tutor biology, I could write a novel, I could become a teacher, I could apply for a science-type job with a funding body and so forth. There's no need to sit on benefits. It's about how you choose to market yourself and use your skills.
Well said TreeofLife! I agree, it's not just academia or failure. Something like 70% of people with PhD's go onto careers that are not academia, they are not failures! They are using their skills and talents in hundreds of other possible careers from project management and business owners to careers advisors or patent lawyers they are all worthwhile careers where your PhD would benefit you.
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