3.21.2008

Man Sells His Life on eBay

Wow, so it's been over a month since my last post. In part I've been busy, but a part of me has also been trying to figure out if I should continue this blog. Blogging's a big time commitment and something's not quite working for me yet. I'm hoping I'll find the voice I'm looking for soon; time will tell.

Anyhow, one story came across my eyes this morning that I couldn't help but share. An Australian man named Ian Usher is looking for a fresh start in life. So he's decided to sell his life- all of it, on eBay. As he puts it: "My whole life is for sale. Everything. Lifestyle. House. Car. Motorbike. Job. Friends. Everything that I own, and all of the things that I don't own, but that are still an important part of my life!"

It's an interesting concept, but can you actually sell your entire life? How do you value someone's life? Something tells me this is a value-destroying exercise, for a number of reasons:

1. There's some probability of many assets becoming worthless...how, for example, can he sell his friends? Don't they have a say in the matter? What if they don't like the new Ian who replaces him?

2. His job appears to be worth something; his bosses have agreed to give the new Ian Usher a tryout in his place. However, would someone with enough money to buy his life want his job at a rug store? Can they divest this asset in a secondary market? That might help his valuation marginally.

3. It appears his life isn't going so well to begin with, so I can't imagine investor interest will be all that high...generally, Ian, it's best to sell high and buy low.

On the other hand, there's the obvious angle that this move will buy him some 15+ minutes of fame. So the real question is: can he cash in this newfound fame for more than what he loses on the auction? And, more importantly, will his new life in fact be happier than what he has now?

For more info, see his website.

1 comment:

Ada said...

I hope you don't give up on blogging. :)

I always enjoy your posts and look forward to reading them.