Art Of Money

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To Get Rich You Must Acquire Assets

After playing CashFlow 101 so many times, and seeing what has happened in my own business, it is clear to me that it is all about assets.

If you put effort towards making money, you will get a lower return on your efforts than if you put effort towards acquiring or creating assets.

Working at a job, you are putting effort towards making money.

2 Types of Assets

As far as I can see there are 2 types of assets: internal and external. You can have lots of money with only external assets [someone who inherits money for example] but to have real wealth, you need both. The common example is Trump, who, even if he lost all his money would be able to leverage his internal assets or money making skills to become rich again in short order.

The best way to describe the internal asset acquisition process is a thirst for understanding of how money, business [especially the realm that you are moving into] and your own state of being all interrelate. You can even get a lot of this work done while you are employed, thereby making the transition much easier.

When I left my job, I did not have much in the way of external assets, but my internal assets were fairly solid.

Action step one: make sure you are working for more than money. I doubt that you need to find a new job to start gaining internal assets, if I had to work at McDonalds, it may be unpleasant, but my internal assets would be on the rise the moment I flipped my first burger at Hamburger University.

Its just an attitude thing and not opening up to see the system and the structure of the environment you work in, is like only taking 25% of your paycheck: take it all!

Then there’s the external assets: the easy part.

Well mostly easy. When I started online I created crap sites that made money. They were very flimsy assets and soon they hit a little search engine turbulence and mostly vanished.

Now I like to build a house on a valuable piece of land. I started out with a cheap second hand tent on the property, but now I am creating something more solid.

Each morning I focus my work on the things that will add the most value to my asset and when I perform those tasks I focus on doing it in a way that will provide the greatest long term results for the effort expended.

• Each blog post is an asset.
• Each article distributed is an asset.
• Each link traded is an asset.
• Each email is an asset.
• Each domain name purchased is an asset.
• Each hour working is an asset.

When performed consciously, these pieces will all strengthen each other and the growth of the assets accelerates due to the strategic synergy between them.

Open a word processor and make a single page with the words

“create assets”

on it in as large of a font that you can fit on one page. Print it out and tape it to your monitor. If you have a job, print out another one and tape it to your monitor at work. Tell your boss it’s your way of being a better employee!

Congratulate yourself, now you, Robert Kiyosaki and Donald Trump [and me] are all starting our day thinking and doing the same thing.

Get to work on that house.

Jon Symons
Creating assets out of metaphors …so you don’t have to.

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Here’s a sneak peak of my latest asset: http://www.stepbystepblog.com/

I’m just getting started and I consider this site rough notes - I’m following this guy’s

http://gekkospeaks.com/

methodology of getting paid to do research for a niche and then developing the product based on the response / results of the research.

Here’s a related post from the blog this week:
http://artofmoney.org/business/one-essential-ingredient-for-big-bucks-online/