People often ask me what my schedule is like. Even though I take many breaks throughout the day, I feel like I am always working. There are always emails to answer, information to research, and website management responsibilities. It is great to work independently, but it’s not as fun as it might seem.
Below are some domain name industry thoughts and updates. I invite (and encourage) you to share any of your own business updates.
There is no easy way to make money in the domain business. Making money often involves taking large (but calculated) investment risks. There aren’t any shortcuts to earning a living in the domain space. I get information from many different sources, both inside and outside of the domain business and both private and public.
Last week, I tweeted about the 13 millionth registered new gTLD domain name. Well, it looks like 14 million was just hit, according to nTLDStats.com. I shared some thoughts about this milestone earlier today.
I bought Layouts.com last week at NameJet, and I am still looking to buy great one word .com domain names. If you have **good and meaningful** .com domain names for sale, get in touch. If you feel the need to explain what the word means, I won’t have an interest, so save us both some time 🙂
If you want to follow along with UDRP filings and UDRP decisions from all UDRP providers, you should check out UDRPSearch.com, which is a great (free) resource.
What do you think about the new https://t.co/N4WqNI5HPF? Still needs a lot of work. Any suggestions welcome! pic.twitter.com/llmBUziUat
— Konstantinos Zournas (@onlinedomaincom) February 20, 2016
Check out OnlineDomain.com when you have a chance. Konstantinos just revamped the website, and it looks good. Any time a website undergoes a major update or upgrade, it’s stressful for the owner and there are always small fixes needed. I am sure he would be interested in your feedback, especially if you see any issues.
He needs to remove that damn irritating “Accept” for the cookies…nobody wants that!!
and I prefer onlinedomainS- does he own that?
Just like mine I own both OnlineDrones.com
“There is no easy way to make money in the domain business”
It is easy if you have money and better than most BS professions.
juggling family and domaining can be hard. i often get up in the middle of the night to do some work if i feel i have something that needs to be done. its hard to resist a 2 year old asking him to play with you so i try and make up the time later on but it can be exhausting.
Just like any tech job or work from home you have to segment your day. Check emails multiple times a day and if you are a domainer then multiple searches per day for domains.
Thanks Elliot.
It is indeed stressful and the smaller details make me more stressful as there are harder to fix and more probable to break the website.
Yeah, but i like what you have done with it.
The updated look is great…IMO.
True.. and also, some of the smaller details are difficult to find.
If I see something, I will let you know.
Honestly, my largest out lays have been my most likely to see a nice roi. Meaning because I am a conservative type the more I invest in a domain the more likely I am to see a return.
If you are spending 10’s or 100’s of thousands on a domain(s) and not 100% sure you will see a return at all I suggest you don’t. That to me is gambling in an industry you can gauge market values in fairly accurately and know if there is meat or not on the bone.
It may be the smaller buys $XXX-$XXXX nd thus usually lesser desired names you may or may not see profits on, to me those are the ONLY levels risk is allowed.
Bottom line, buy smart and save all those crappy $XXX+ purchases and hunt a good 5 figure name and buy smart and gaur. yourself a profit and all it takes is one name, no risk and that one thing that we can all lak…patience!
Layouts.com – I likes it. Nice pickup.