The future of incentive-alignment in pricing and how #HigherEd could align with students
Incentive-aligned pricing ensures that both parties of a transaction are working towards the same goal.
Right now, students pay universities $100K+ to get a degree without a guarantee of a job. But what if universities were incentivized to get a student a job? For example, in a incentive-aligned pricing model, schools would only get paid if they helped get a student a job (in their target market) — in this way, both the student and the school are working towards the same goal (a job).
Jonathan Javier and Jerry Lee’s “The20” is set up in a similar manner. Jonathan and Jerry only get paid AFTER they get a student/ person their dream job based of a % of salary. Not only does this mean no upfront cost for coaching, but it also incentivizes them to help you negotiate a higher salary.
I probably talk too much about Doorvest — but the pricing model was built to be incentivized with Doorvestors.
I’m a firm believer in incentive-aligned pricing. It makes sure both parties have a stake in the game and that both parties will effectively work towards achieving that goal.
#TheMillionImpactMission