Your assets form has been changing slowly underneath your eyes. This shift is like changing of your livestock and wheat field assets into stock exchange shares a few centuries back.

As we know that sharing knowledge with each other had helped us to build the machinery required to bring the revolution in industrial production. Further, this knowledge group shifted the economy from a production-based economy to a knowledge-based economy. Today the main economic assets consist of technical and institutional knowledge.

The advent of technology has been shifted the economic power in the hand of common men who possess specific knowledge. When we compared it with the earlier generation we found that a handful of a few had access to data and connections and was utilizing the local talent to generate the wealth. Now an individual had access to all these through a platform like Facebook or LinkedIn.

Now consider, you have specific data and built a connection with that data group. They need your knowledge to solve their problems. For example, you design websites and have website development knowledge. You connect with the data group (niche) who need your expertise. Your knowledge or ideas is important for them to build the website. You reach them through Facebook or LinkedIn by projecting yourself as a website development expert. Here, you had access to all the three angles that is data, connections, and ideas. You, as an individual decides the revenue and the total number of clients to work. You sell your core expertise. This triangle- data, connections, and ideas works like assets for you and brings incessant wealth. Bigger the triangle bigger the assets. Thus, it gives power in the hand of an individual to generate wealth and it operates like an asset.