I promise you, I had this idea 11 years ago. I remember where I was on the streets of Tokyo, Japan when I came up with it.
Maybe I wasn’t the first, but it was there.
Now, however, I will share with you a very well-written description of it….what if you could invest not only in companies or products, but in people and their future potential?
Privatize the market for education and development.
The premise is intriguing.
Rafe Furst kicks it off as follows:
Imagine you are in your early twenties, out of college several years and your best friend, who recently came into an inheritance of $300K cash told you they could think of no better way to invest the money than to invest it in you. Not the company you started, not as a loan, but invest it in YOU, as if you were a startup. In return your friend said all they wanted was 3% of your gross income for the rest of your life. Do you think you would take it?
So, would you?