I think it’s great that so many people are able to make a living in domain investing. A chance to be your own business and make a comfortable living from your home computer. It truly is an incredible opportunity that we just happened to be born at the right time to enjoy. And it’s availability to anyone, anywhere there is Internet.
The reality is the majority of people that make money do it part time. They make some extra money that gives them a chance to buy some things they wouldn’t have been able to buy. Giving them some financial freedom with a couple of extra hours a day. For many in foreign countries it gives them a chance to make more in a day than they could make in a week at local wages. Domain investing is truly a life changing opportunity. For every big house, new car, and six figure domain purchase investor there are 100 new computer, extra vacation and four figure purchase domain people. It’s where the majority of domain investors live.
I say this not to label or divide domain investors, but to point out that advice given by me and others needs to include the fact that we are all in a different place financially. What you “should” do shouldn’t come down to what you should spend but rather educate on what domains sell and how to pick them out. We all get caught up in the six figure sales and “bought at $150 sold at $8500” domain sales reports. What we don’t get from a Mike Mann types is how much profit was made. These full disclosures are the rarity. @DoronVermaat and @MarkLevine @domaintheory Mark Levine are two of the few that give exactly how much they spent and the details of how much they took in. Even I have never done this and think it would be a good idea to do this for 2020. (so far its easy, no domain sales so I’m in the hole)
In many senses I think the big sales and the anomaly sales can actually hurt domain investors profitability . Shooting for the moon has served Rick Schwartz well. But even he, the Domain King, doesn’t have a lot of data for domains purchased in the last few years and their sales. It’s hard for a new investor to learn anything except believe in your names and get the most you can for them. Which is excellent advice to add to your overall game plan. And we all know its netted him 10s of millions of dollars. But we need to start with making tens of thousands first.
There are a lot of ways to make a buck. It’s going to be a different path for each person. From starting with $100 to other starting with a Bar Mitzvah money haul, you’re not going to hear everyone’s full story. You’ll most likely hear about the winners but not much about the overall results. So take everything we say with a grain of salt and learn your trade through places like DNAcademy. Looks at Travis’ auction results here on his daily recap and then look for sales results on DnJournal.com If you do all three you’ll be in a much better place to make some good side money. All in my opinion of course.
Quote of the Day: “Waking up this morning, I smile. Twenty-four brand new hours are before me”. – Thich Nhat Hanh
Domain of the Day: DiscountDeals.com A generic Honey. Most bids and biggest price on the Godaddy
Namejet, Sedo, Snap, and other Names Up for Auction
Rougher.com Closing today. Exudes original or forceful
Oblivion.com I’m not sure its a real thing but sounds real and sounds great
ReCredit.com I imagine some credit improvement companies would like to have this one
Zipm.com 21 year old LLLL.com
BakingNetwork.com There’s a “the” already out there. I wouldn’t call it an upgrade but definitely an add on
HotAndSunny.com How I like my eggs and my weather. No bids
Empresa.org Taken in 90 extensions
AllYouCan.com Good name for marketing all you can eat place. taken in 23 extensions
MultiBike.com Bike store or new bike brand
SoulCreek.com Band and a jewelry store. Could be a lot more
HoneyBakery.com Met reserve at $250 and closes today
Godaddy Domains With Bids
HousingAssistance.com Probably going to be a lot of visitors looking for government assistance but I’m sure there’s some lead gen possibilities
Grafia.com Italian for “handwriting”
8Handbags.com 1.6 million backlinks can’t be bad
SkyWallet.com Fintech name at its finest
Kuzan.com Another decent 5L. Seem to get a little more expensive every month
ArizonaWeddings.com Half the price is for the name and the other is for the history
4Track.com Good name for us 18 people that love Track and Field
SellCrafts.com A bit generic for me. But Etsy had to spend a lot to describe what they did
BollywoodPremiere.com Pretty sure India has premiers too
Acne-Treatment.com Big enough category that the dash has value
NZSA.com NZ for New Zealand
Jetaa.com 20 years old
SimplyAdorable.com Cutesy name. I’m sure this will get bid up to four figures
GreatSelection.com Makes you feel like you made one
FireChild.com Godaddy has this valued at $5K. Bidders at 8% of that
TaxOne.com Sounds like a national chain tax place that’s been in the strip mall for decades
Godaddy Names With One of No Bids
The Rest of the Godaddy Names With Bids
Have a name at auction and need more exposure? Send me an email. We Charge $10 per name per day. We may be able to help. If you have an auction you want to promote, email us for details.*All names chosen by us, Shane and Josh . (ie you click through and purchase a name you like) or an occasional paid listing. Everything we say is based on our own research or is opinion. Do your own due diligence. That means look it up yourself if you don’t think the stats or our opinion is correct. We hand choose the names but we are paid to make this list by both the auction houses, individuals that are auctioning names, and Godaddy affiliate links. Keep that in mind and only buy names that YOU think are good.