Fun, Fame and Fortune
Fun, Fame and Fortune, as is briefly explained below in its simplest form, is a thinking framework. The more complicated form, including guilded tools, will evolve/emerge...
To motivate, compensate and incentivize people, one should structure a system to reward risk, commitment, work, effort and/or other contributions. To do so, the sum total of Fun, Fame and Fortune one receives from the endeavor must add up to a certain minimum. Otherwise, s/he will simply not do it. In this context, fun is defined as any internal sense of reward. From a simple literal fun (testing the latest gaming console) to educational benefit (learning something new) to the all important sense of belonging. Fame is defined as external recognition, which later may be leveraged toward professional and/or financial gains. From joining in writing a scientific article just to have one's name on a published item to volunteering to give lectures to create name recognition. Fortune is defined as any sort or long term material reward. From salary to stock options and from sales commissions to equity in a startup. More to come...
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Clearly, still under construction...
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