In the vast expanse of the digital domain,
Where dreams unfold, and fortunes reign.
A new year dawns, a canvas to explore,
With domain names in our portfolio, we seek success galore.
Some chase the .com, a classic endeavor,
In the realm of the web, an extension to savor.
Others set sail on the .AI, .CO, or .IO tides,
Innovation and tech, with them, they ride.
I think one of Lonnie Borck’s proudest domain investing moments was acquiring the Jewish.com domain name. Lonnie was proud to be the owner of such an important and meaningful domain name. Lonnie subsequently closed a deal with attorney Ari Goldberger, who is now the owner of this domain name.
Jewish.com is now being used in an effort to raise money to purchase ambulances for United Hatzalah, a Jewish volunteer emergency medical service organization. Lonnie was an EMT and leader in the Baltimore, Maryland chapter of Hatzalah. According to Jewish.com, the first ambulance purchased with donated funds will be donated in memory of Lonnie.
Most people who buy and sell domain names as investments do so to supplement their main source of income. Domain investing can be a lucrative side hustle. With its steep learning curve, domain investing can also become a costly hobby. Earning a full-time living as a domain investor is a challenge with a high rate of failure.
Domain investing has been my full-time profession since 2008. I think this business has gotten more difficult since I started out, but I have forward momentum – with a domain portfolio, knowledge, and capital. This has enabled my business to continue to grow despite the challenges.
For those of you who are interested in pursuing a full time profession in domain investing, I want to lay out some of the math involved in making that happen.
Identity Digital (formerly Donuts) is looking to hire a Business Development Director, according to a job listing posted on LinkedIn. While domain industry knowledge is not listed as a requirement, someone with industry experience would likely make a good candidate for this position. I believe Identity Digital operates the largest portfolio of domain name extensions.
Here’s the job summary for this position:
Dolce & Gabbana is a luxury brand. The Italian company is known for its high fashion clothing and home fashions. The company operates on DolceGabbana.com, and it also owns and forwards its brand matching DolceAndGabbana.com domain name.
On Facebook this morning, I noticed something that stood out to me. An advertisement for Dolce & Gabbana Casa showed DG.com as its url. The exceptional 2 letter .com domain domain name caught my attention.
A few years ago, I made an offer to buy a one word .com domain name. My offer was reasonable, but it was a bit lower than I felt the wholesale value was in order to be able to negotiate a bit with the seller. The domain registrant counter-offered a bit higher than what I offered.
Ordinarily, when I receive a counter-offer that is very close to my offer, I will accept it. I don’t want to lose a deal trying to get a marginally better deal. I’ve lost too many domain names trying to save a few dollars.
In this case, though, I thanked the seller for his counter-offer, declined the offer, and I completely walked away.
