Create more assets - 9/101 Entrepreneur Mistakes & Lessons

Another thing that I did not fully focus on in 2016 and understand how to achieve, is the creation of assets.Assets are things that put money into your pocket automatically and all the time, even while you are sleeping.I think I bit a little bit more off than I could chew by trying to go into real estate investing too soon. Because property is a good asset, but it can be quite expensive to get into, as it has a high barrier to entry.But you need to go crazy with creating assets for yourself, especially when you want to become financially free.Never stop creating and maintaining assets. Because as the world changes, you need to change with it. More on this later on in mybook.Because I did not focus on creating assets much in 2015 and 16, I have now set myself the goal of creating them big time in 2017.One of the easiest kinds of assets you can create are books. Because the barrier to entry to getting a book onto Amazon is extremely low and very easy and the content for your books is inside your mind.I believe that you should write books because all the knowledge is inside you for nonfiction and all you need to do is put them online. You can go the extra step to promote them and blog about them, but this is your choice. Furthermore, by doing so you'll become an authority easier.If writing is not your thing then focus on building your business, getting stocks or getting more property.The lesson I learnt is that you need to continue to build and buy assets. This is how you raise your standard of living and how the rich get richer.Learn more about this mistakehere.