The Wealth of Humans

Modern economics is heavily influenced by the concept of “property” – or “asset.” The value, capital, or liquidity of a given property/asset is determined by the market – the entirety of all economic participants, all buyers and sellers – and its ebb/flow of supply and demand.

Specifically, though, when determining a person’s networth, an institution or analyst calculates the combined value of all that individual’s assets, which is no different from the calculation of a business’ networth, cap, or valuation. Modern economy, law, and society acknowledge the following assets:

1) Land

E.G. 1 acre

2) Commodity

E.G. 1 diamond

3) Cash

E.G. 1 dollar

4) Stock

E.G. 1 share

5) Technology

E.G. 1 vehicle

6) IP

E.G. 1 patent

The sum of these assets minus the sum of all this person’s debts equals his, her, or its networth. The problem here is that modern economics’ definition of “asset” is limited in scope, overemphasizing physical over psychological, and consequence over potential. Modern economy, law, and society do not acknowledge the following assets, among others:

1) Initiative

I.E. “How tenacious, motivated, or determined is this person?”

2) Integrity

I.E. “How ethical, decent, or considerate is this person?”

3) Intellect

I.E. “How understanding, creative, or competent is this person?”

Problematically, a person can be worth $1,000,000 by today’s standards without having initiative, integrity, or intellect. Consider the example of a spoiled tobacco or oil empire inheritor who has never learned to honor and practice initiative, integrity, or intellect. On paper – legally – he or she is a millionaire, but compared to someone whose legal networth is – say – $500,000, but whose initiative, integrity, and intellect are abundant instead of poor, the millionaire still is more legally valuable than his or her counterpart is despite being extremely poor from a psychological, internal, or mental standpoint.

This limited valuation paradigm, which does not see the “whole capital picture,” is equally limiting for investors who make investing decisions based on it. Any investor should have the most comprehensive possible understanding of how valuable the person or people in whom he or she invests are. On top of this, any investor should realize that investing in a person directly is more lucrative than investing in just one of his or her ideas.

The logic behind this claim is simple. A person is the origin of all capital. Therefore, investing in a person is investing in all of his or her current and potential capital, whereas investing in a business that he or she has created limits the investor to that entity alone.

That in mind, the problem that today’s modern economy faces is twofold:

1) Its not accounting for wealth holistically, and

2) Its not permitting a public exchange in which people invest directly in people

The solution is an organization with such a “networth algorithm” and a portfolio of people, to whom this algorithm has applied, looking to fundraise in this unique, safe and lucrative way.

This algorithm, in general, honors four primary assets needed to determine a person’s networth, and expected value: Initiative, Integrity, Intellect, and Income.

Each of these primary assets is comprised of three sub-assets, the third of each being centered on a proprietary testing system aiming to calculate a person’s level of development for all types of intelligence – in this case, “Leaderic Intelligence” for Initiative, “Ethical Intelligence” for Integrity, “Cognitive Intelligence” for Intellect, and “Financial Intelligence” for Income.

The first two sub-assets under the four primary assets – each of which with three of their own sub-assets – are Achievements and Projects (Initiative), Deeds and Reviews (Integrity), Education and Skills (Intellect), as well as Moneys and Properties (Income).

C = (((1a+1b)*(1c)) + ((2a+2b)*(2c)) + ((3a+3b)*(1c)) + ((4a+4b)*(4c)))

Capital =

(((Top 3 Achievements) + (Top 3 Projects))*(Leaderic IQ))) +

(((Top 3 Deeds) + (Top 3 Reviews))*(Ethical IQ))) +

(((Top 3 Educations) + (Top 3 Skills))*(Cognitive IQ))) +

(((Top 3 Moneys) + (Top 3 Properties))*(Financial IQ)))

Asset 1: Initiative

Asset 1a: Achievements (e.g. “Dean’s List”)

Asset 1ai: ...

Asset 1aii: ...

Asset 1aiii: ...

Asset 1b: Projects (e.g. “Taggle”)

Asset 1bi: ...

Asset 1bii: ...

Asset 1biii: ...

Asset 1c: Altitude (Leaderic IQ – Orange = 1, Green = 2, Turquoise = 3)

Asset 2: Integrity

Asset 2a: Deeds (e.g. “Guaranteed ROI for first employer despite resigning early”)

Asset 2ai: ...

Asset 2aii: ...

Asset 2aiii: ...

Asset 2b Reviews (e.g. (LinkedIn Recommendation(s))

Asset 2bi: ...

Asset 2bii: ...

Asset 2biii: ...

Asset 2c: Altitude (Ethical IQ – Orange = 1, Green = 2, Turquoise = 3)

Asset 3: Intellect

Asset 3a: Education (e.g. “Denison University”)

Asset 3ai: ...

Asset 3aii: ...

Asset 3aiii: ...

Asset 3b: Skills (e.g. “Sales”)

Asset 3bi: ...

Asset 3bii: ...

Asset 3biii: ...

Asset 3c: Altitude (Cognitive IQ – Orange = 1, Green = 2, Turquoise = 3)

Asset 4: Income

Asset 4a: Moneys (e.g. “$383,000 Google Stock”)

Asset 4ai: ...

Asset 4aii: ...

Asset 4aiii: ...

Asset 4b: Properties (e.g. “$15,000 2008 Prius”)

Asset 4bi: ...

Asset 4bii: ...

Asset 4biii: ...

Asset 4c: Altitude (Financial IQ – Orange = 1, Green = 2, Turquoise = 3)