Fresco Capital

Why Education? Because I’m Selfish…

Several years ago, I was tentatively toying with the idea of leaving my job on Wall Street and someone forwarded me a job description for something called an ‘Education Program Producer’ at a young, venture-backed, NYC-based tech start up.  Not only did it not make sense (at the time, education + tech start up = oxymoron), I almost immediately deleted it mostly because I never saw myself working in education. Sure, I believed in education and I valued education, but I most certainly didn’t want to work in education.  The word conjured up images of slow-moving organisations, underpaid teachers, inefficient practices, endless paperwork, cruel bullies, and overly demanding parents.  Being a teacher requires being patient and kind, two virtues that were not exactly valued in my then current line of work on the trading floor. As someone who had come to love the fast-paced, no bullshit attitude of the finance world, education is the last place I saw myself going.

I’m glad I didn’t let my obnoxiously judgmental attitude get the best of me and gave that job description a second glance because my experience at that NYC-based education start up changed my life forever.  Now, several years later and halfway across the world, I find myself doing everything I can to be involved in education.  I brought an education company to Asia, I joined a Fresco Capital because they are involved in education, I am making investments in early stage education companies, and now look – I’m even writing about education.

Since my obsession can, at times, feel out of character for an efficiency focused, mildly foul-mouthed, impatient individual like myself, I recently started asking, why the hell do I care so much about education anyway?  I mean, sure, if you ask someone if they care about education and they say “No,” they’re either ignorant, full of shit, or a psychopath.  But believe me when I say, I really care about it.  True education is all about asking why, so I decided I would dig a little deeper and try to figure out what about it resonates so much for me.

The word “education” itself comes with a myriad of connotations, but what I seek to do here is to minimise the emotional implications and figure out logically why it is so relevant and powerful.  Here’s what I came up with.  Three reasons: it is personal, it is sustainable, and it is scalable.  Hear me out.

1. Education is personal.

“It is personal.  That’s what an education does.  It makes the world personal.” – Cormac McCarthy

2.  Education is sustainable.

Give a man a fish, you feed him for a day; teach a man to fish and you feed him for a lifetime.”  – Proverb

3.  Education is scalable.

“Give a man a fish, he eats for a day.  Teach a man to fish, he eats for a lifetime.  Teach him how to learn, and he’ll own a chain of seafood restaurants.”  – Someone on the internet

The word “education” is socially, emotionally, politically loaded.  It means different things to different people and is undoubtedly scary and dangerous to try to tackle.  I don’t intend this post to make light of the weight of education, but instead to look at it from a practical standpoint and understand why it is a good place to focus one’s efforts.  Whether you’re a teacher, a student, an investor, or a business person, it’s hard to deny that education is the most efficient way to change the world.  And for what it’s worth, it sure is a hell of a lot of fun, too.

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