Some solid advice on DomainingTips.com on how to turn average domain names into valuable revenue-producing domain names. People often complain that they were too late in the game to get the “good names,” but this proves there is no such thing as being late in the domain industry. The successful entrepreneur will learn how he can make his domain names profitable rather than lamenting about what could have been had he only known about domain names years earlier.
Timing is important, but it isn’t everything. There is no easy money in the domain industry, but the article gives a step-by-step guide to one way to make money – even if you started today. If you want longevity in the industry, you need to find a niche that works for you, and there is some good advice in the article.
DomainingTips: Making Money from Domain Names
Thanks for the mention. =) Appreciate it.
***UPDATED BY ELLIOT***
Great sage advice. Some people expect to buy domain names and have the cash register start ringing, which isn’t the case.
Lord Brar – great post!
Elliot – “you need to find a niche that works for you” – GREAT ADVICE. One thing most people find it hard to do (me included) is to “FOCUS”…can’t stress enough the importance of “FOCUS”.
By the way, congrats on Lowell.com – me and my mother were both born in Lowell at Lowell General Hospital 🙂 Good luck with it!
It is really hard to come up with a good name, why because all the good names where all registered long ago before most of us came to the scenes.
What is interesting though is that it is quite easy to come up with a unique name that others will laugh up at first. The trick nowadays in not to go for obvious, but to be creative.
I agree that being creative is key now and think also that some good names are still out there for the taking if you are creative enough.