Lawyers, consultants, and investment bankers follow a fairly similar career path: excessive hours and tedious work at the start of their careers, followed by vastly better compensation and marginally better hours later on.
This makes a certain amount of sense: the fastest way to get a decade of experience is do work double-time for five years.
The system works for people who are already in the industry: they get their grunt-work done. It works for people who are joining the industry: they learn everything they need to know, and the difficulty of the work allows the industry to keep an “up or out” structure along with a steady path for advancement.
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Demand Media is the biggest pure-play SEO company in existence. And SEO is one of the fastest-growing marketing channels. So if you want to know what the marketing industry as a whole will look like, the best way to do it would be to take a look at Demand Media’s financial data. That information was available to investors and executives at the firm, but not to everyone else—until now.02.8.10
“Content factories” like Demand Media and Mahalo are turning the SEO industry inside-out. In the next few years, they will cut off the main source for entry-level SEO professionals, eliminate small web design agencies from the SEO business, and scoop up a bunch of ad dollars they absolutely don’t deserve.