Difference between outer assets, inner assets and community assets

Outer assets refer to physical and tangible resources such as land, buildings, machinery, and equipment that are owned by an organization or an individual and can be used to generate income or provide a service.

Inner assets refer to personal qualities and characteristics such as skills, knowledge, experiences, values, and attitudes that a person possesses and can use to enhance their own personal growth and development.

Community assets refer to the resources within a community that can be used for common benefit, such as public parks, libraries, community centers, and other public facilities. Community assets also include the skills, knowledge, and experiences of the people living in the community, as well as their social networks, culture, and history, which can be leveraged for community development and growth.

Outer assets, inner assets, and community assets are terms that can be used to describe different types of resources. Let's break down the differences between these terms:

1. Outer Assets: Outer assets are external resources that an individual or organization has access to. These are typically tangible resources that exist outside of oneself or the immediate community. Examples of outer assets include money, property, equipment, technology, and infrastructure. Outer assets can be owned, borrowed, or accessed through partnerships or collaborations. They are often seen as valuable because they provide opportunities, support, or leverage in achieving goals.

2. Inner Assets: Inner assets refer to the internal resources that an individual possesses within themselves. These are often intangible and relate to personal qualities, skills, knowledge, and capabilities. Inner assets can include traits such as creativity, intelligence, perseverance, resilience, emotional intelligence, self-belief, and a growth mindset. Inner assets are developed through personal experiences, education, training, and self-improvement efforts. They can influence a person's ability to adapt, learn, problem-solve, and achieve success in various aspects of life.

3. Community Assets: Community assets are the resources that exist within a specific community or social group. These assets can be both tangible and intangible and encompass the collective strengths, capacities, and potential of the community. Community assets can include physical infrastructure, institutions, organizations, public spaces, cultural heritage, social networks, shared values, traditions, skills, knowledge, and relationships. They reflect the unique characteristics and strengths of a community and can be mobilized to address community needs, foster resilience, promote well-being, and improve the overall quality of life for its members.

In summary, outer assets are external resources, inner assets are personal qualities and skills, while community assets are the resources that exist within a specific community or social group.