Startup Idea : New Business Managment Model

I am just thinking of a new business model where every employee will be the company owner. Rather than the salary they will also get the profit year end like an owner and even can sale his share and leave the company. Initial structure of thi model is, People needs to buy share by inverting money to start working for the company and professionals can buy share by their expertise of work which is needed for the company. This team will be the core management after start. Then gradually the team will release share from their part to bring more employee to boom the business. And everyone will work like an owner so the company will have a great prospect.