Assuming he is talking about buying in a full $500 at a $3/5 table, that's 16 big blinds an hour (16bb/hr x 5usd/bb * 8hr = $640), which is a god-tier rate in the long run.
For mere mortals with less skill and patience, it's also possible to lose the same amount the next 8hr session, resulting in a net zero for two days of work. Or, to sit break even for 8hrs with crappy unplayable hands, because you do need to play less hands to win as he mentioned.
And if you switch to doing this full time, you become self-employed, which drastically increases the cost of taxes, healthcare, social security, etc. Medicare tax doubles. Social Security tax doubles. You must buy your own healthcare, which drastically increases in premiums (unless you have a spouse who can add you as a dependent on their W-2 sponsored plan).
This really goes for any self-prop business/freelancing. In exchange for freedom of being your own boss, you pay in stress, variance, and taxes.
To make this work, you'd probably have to make double that per 8 hour session. Which is insanely difficult to do as a poker pro and sustain as a "full time job".