Comments on: How Much Is the Rest of Your Life Worth?

By: Alex

Alex — Thu, 04 Feb 2010 18:50:42 +0000

Steve, I like your twist on this…and regarding the show, think we could get Simon as a judge now that he’s leaving Idol?

There was a similiar show on a few years back about inventions–think it was called the American Inventor on ABC.

By: Steve Radick

Steve Radick — Wed, 03 Feb 2010 20:09:01 +0000

Couldn’t do it for the rest of my life, but could definitely see this becoming a trend for shorter-term timeframes. Say, I give you $100K now in exchange for 7% of your earnings over the next ten years. “For Life” is just too permanent, too, like Geoff said, “you own someone.” With proper parameters though, I could see some people doing this.

We could totally start a reality show based on this idea…want to give me $200K now to start it up? 🙂

By: Andre Blackman

Andre Blackman — Thu, 14 Jan 2010 14:52:27 +0000

I haven’t had a chance to read through all of the links yet but I’m more inclined to go the way of Mr. Livingston on this one. It kind of sounds like one of those Brothers Grimm tales of someone who wanted to get rich quick but ends up unhappy for the rest of his life. That said, I can see how this might be something of interest in the social entrepreneurship world where income/salary isn’t the ultimate goal but that of sustainable change.

So if it’s a certain percentage of your salary from just that invested project (and not your overall salary from other things), I’d say it is ballsy but also may start some interesting conversations.

By: Alex

Alex — Thu, 14 Jan 2010 14:27:04 +0000

@James, I was kind of thinking your way at first, but now I’m not so sure. If it looks to good to be true, then most likely it is. Especially when you look at it from the side of the investor, I’m not sure it makes much sense–you would need to be VERY confident in the person you invest in–not just that they will be successful, but that they would be substantially successful to make the investment worth it.

That said, I look forward to seeing how this evolves and what comes of it. What I am envious about is that you have three people here who believe in themselves, in their cause, and in what they do—that is the most powerful thing and the biggest take away for me personally.

By: Geoff Livingston

Geoff Livingston — Thu, 14 Jan 2010 12:23:53 +0000

Seems like a nice way to create indentured servants. No way. They can invest in a venture, but they can’t own me.

By: James S. Walker

James S. Walker — Thu, 14 Jan 2010 04:25:36 +0000

Right now I’m tempted to say deal…might feel differently tomorrow, but here’s the thing… If you know you have a great idea (really know for sure, not just telling yourself so many times you convince yourself) and your goal is to help people, does the income you have to give up really matter? You got what you needed to achieve your goal.

The details may be tricky, but on the surface, it’s hard to see major negatives.