What are “Edge” Assets?
Edge based assets are simply non-locational (usually digital), income-producing projects that allow you to leverage your skills, experience and knowledge to earn from anywhere, doing whatever you want to do.
What does that actually mean?
So that’s a bit of a complex sentence, so here’s each part broken down.
Non-locational / Digital
Obviously pretty self explanatory, but an edge based asset should be something you can earn from, and manage from anywhere in the world.
If you have to physically be at a certain location for this particular project to work, it doesn’t qualify.
For most people that build these edge based assets, they will usually be online.
The simple examples are; websites that make money, ecommerce companies automated through amazon, Amazon publishing itself, software companies, online coaching, online consulting, YouTube creators etc.
Some more unique examples are; sports bettors, traders, poker players, onlyfans creators etc.
There’s a lot more ways to think about income producing assets now than “job” or “business”
Opportunities that didn’t expect years and decades ago are now multi-billion dollar industries.
Income Producing
Another qualifying criteria of an edge based asset is for it to be income producing.
This is the whole idea behind the edge based methodology.
There’s just so many different ways to earn online now that are not limited to the ideas listed above.
Skills, Experience, Hobbies & interests
The converging of your skills, experience, hobbies and interests is where your edge idea will be.
Utilising skills and experience from previous jobs and businesses and merging this into your existing hobbies and interests will lead to finding something, that might seem like nothing on the face of it, but in fact has the potential to be an edge based asset.