100 Micro Assets

What’s a Micro Asset and why should you care about them?

The term “micro asset” in somewhat self explanatory.

Yet, the context of this story requires me to explain it in a bit more details.

An asset is something that has a value. People are ready to pay you cash if you ever want to sale them.

And micro means very small or tiny.

So literally, any tiny but valuable resource can be a micro asset. Like – your game titles, golf clubs etc.

Alright, but why should you care?

I’ll explain in a moment. But first let me quickly show you 3 examples –

  1. Pinboard is a simple bookmarking tool making $293000 annually.
  2. Niche Tools is a list of business ideas that has made more than $15000 already.
  3. Sync2Sheets is developed by a solo builder and making $9000 per month.

These are 3 random examples of micro assets. They are small, easily managed and generates cashflow.

Every micro asset must have these 3 features –

  • Small enough to be built in hours (not days or months)
  • Simple enough to be managed by a single owner
  • Generate cashflow periodically and/or when sold

Now imagine I offer you help to build 100 of such micro assets for yourself. Will you accept? Will you feel excited?

I think you will (unless you’re a monk).

That’s my goal with this project

I’m going to build small micro assets for myself and share everything on this blog publicly.

My wins, losses, income, expenses, lessons, experiences, realizations and everything else.

My benefits –

  • It’ll help me stay motivated.
  • Every single sucessful micro asset will move me towards my final goal of hitting $1000000 in 10 years.

Your benefits –

  • Higher order learning. You can learn faster than me by adopting my wins and avoiding my losses.
  • Your own micro assets. You can hop on the jourey with me and start building your own money making micro assets.
  • Wholesome entertainment. In movies, we love to see the honest underdog win. In this movie I’m the honest underdog trying to win this battle.

I’ll soon share a list of my micro asset projects.

Meanwhile, I’ll take it as a slap on my back if you take 2 – 3 minutes and comment your thoughts below.