#1385 - Q&A: Are there other types of digital assets?
Side Hustle School
Chris Guillebeau
4.7 • 3.3K Ratings
🗓️ 16 October 2020
⏱️ 6 minutes
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Summary
Our story of a woman in New Zealand who sells virtual paint brushes for iPad users was very popular, and a listener is wondering: are there any other “digital assets” that can be made for resale?
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Side Hustle School features a new episode EVERY DAY, featuring detailed case studies of people who earn extra money without quitting their job. This year, the show includes free guided lessons and listener Q&A several days each week.
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Transcript
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| 0:00.0 | Our story of a woman in New Zealand who sells virtual paint brushes for iPad users was very |
| 0:10.8 | popular. |
| 0:11.8 | I remember when we first aired this story, I got a lot of response to it and then we |
| 0:15.6 | recently did a throwback Thursday segment just kind of going back to get some updates |
| 0:21.0 | and I got some feedback on that one too. |
| 0:22.6 | So a lot of people are interested in this idea of virtual items and in fact one of our listeners |
| 0:27.1 | came along with this question, are there any other digital assets that can be made for |
| 0:31.3 | resale? |
| 0:32.4 | The idea of course is that you're creating something intangible, therefore no need for inventory, |
| 0:37.2 | no need for even drop shipping, right? |
| 0:38.7 | You don't even have to have somebody else ship your item for you because there is no |
| 0:41.5 | shipping. |
| 0:42.7 | So this whole topic broadly speaking digital assets, it's one of these whole new world |
| 0:47.7 | concepts that maybe some of our listeners think is totally normal depending on your age. |
| 0:54.0 | And of course future generations won't think there's anything at all out of the ordinary |
| 0:57.5 | about it. |
| 0:58.5 | But I think for anyone my age or older, there's still this element of, wait, how does that |
| 1:02.1 | work? |
| 1:03.1 | People can actually make money designing these tools that are then purchased by people |
| 1:06.9 | all over the world on their own timing and it's just a really fun process. |
| 1:11.8 | So are there other types of digital assets that can be sold in a similar manner? |
| 1:15.2 | That's the question. |
... |
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