Read this article to the end to really learn how get cash flow from assets the way “Rich Dad Poor Dad” teaches.
There is one thing rich people do that poor people do not do. That #1 thing is building, acquiring and buying assets.
You can build websites that generate passive income. This constitutes as an asset.
” I’m on the right road here, I am a home owner. My home is a great asset.”
Unfortunately, you are wrong.
Even if you have it all paid off. As long as you are living in the home it is not an income producing asset. But, if you moved out of the house and rented it out for a profit, your house would then be qualified to be called an income producing asset.
“I don’t have time or money to obtain assets. They are expensive and require a high investment. I don’t want to put a large down payment on anything.”
Fortunately, you are wrong.
Keep reading and learn how to acquire income producing assets online with low investment costs and do not require a large down payment.
Do you want to generate cash flow from assets you build an acquire?
All you have to do is invest in, maintain, or build something you can leave alone and it still makes you money.
We already touched on the example of owning a piece of real estate property and renting it out. So let’s use another example.
Let’s say you buy a taxi and higher a taxi driver. If you make a profit after all of the expenses; Congratulations! You have acquired an income producing asset.
The problem with an asset like that though is; “It costs a lot of money up front and requires a lot of maintenance.” Consequently, your profit margins will be low and the income generated by this particular asset may not be as “passive” as you hoped it would be.
So what is a good cash generating asset to invest in?
Up until the advancement of the internet there has been high barriers to get cash flow from assets. The traditional passive income producing assets to invest in have predominantly been houses, properties, cars, intellectual properties, inventions, books, songs, etc…
The hard thing about creating assets like that is you need to be a genius, a talented artist, or have $10,000’s of extra dollars laying around to create these income generating assets.
The great news for you is you can now generate cash flow from assets you build and acquire online.
A.K.A. WEBSITES & DIGITAL MARKETING generates passive income.
Whether you are a small business, a serious professional, a “Jack Of All Trades”, DYI Person, a savy investor, or a serial asset acquirer, you will benefit from our web design services.
A website is literally a “property”. It has an address, you can decorate it and you can do what you want with it as long as your not infringing other people’s rights.
The only difference is it’s not physical and people can’t live on that property. But, complex ideas, products, valuable information and resources can be accessed, purchased, shared and stored on that investment property (website).
Here at BEOK we take you from start to finish with any asset ideas you may have or need help refining. Are you really hands on and want to build assets yourself? WIX is a great and economic rout to build a professional website. They use a great drag and drop builder, but they do not have the Google & Bing ranking capabilities we do here at BEOK Web Design Company.
If you don’t have the time and/or skills want to build your website, create high quality content and get it to the 1st page of Google. We would love to help you reach your goals. Contact us now.
In order for your website to become an income producing asset it must be monetized and get a significant amount of relevant traffic that receives value from the high quality content we create.
Feel Free To Contact Us If You Have Any Questions Or Inquiries.
“Affordable Web Design For Small Businesses”. This article was written for businesses. But it will show you the road map on to how to get cash flow from assets online.