Drew Wash posted a question on Twitter that I think is worth discussing further. Drew asked what domain name in your portfolio you would love to develop, your current asking price, and how much it would need to earn monthly that you wouldn’t opt to sell the domain name for 10x the asking price.
Drew shared that his domain name is WeddingPhotos.com, which currently has an asking price of $48,000:
1. Share a great domain you'd love to develop.
2. Share what you'd sell it for now (optional)
3. Share how much it would need to make per month before you would not sell it for 10 times your current asking price.
Mine is…#Domain #Development #Startup
— Drew Wash (@drewwash) October 29, 2020
If I were to choose one of my domain names to develop it would be Travels.com. The asking price is very high so I won’t bother posting it here, but I would love to build a travel related website on Travels.com and share reviews and thoughts from around the world.
This would be the type of website that is built without a revenue model in place but eventually gains traction and followers, and that would allow me to figure out how to monetize it. If I started earning $5,000 a month, the price would be substantially higher if I was even willing to sell it at that point.
How about you?
I’d love to develop ActionFigure . com, and produce and sell custom action figures, in much the same way that we do now with custom bobbleheads. It is not for sale for that reason, so unfortunately I’m unable to answer the other two questions.
Mine is TuneIntoTennessee.com
Best to avoid developing! I know it is tempting….
Why? It’s actually a good feeling when you build something from an idea.
It could solve a problem and add value, maybe artistic expression or just something that you can challenge yourself to build and feel a sense of achievement.
Because it has nothing much to do with domaining. Like an electrician trying to install a toilet.
WhatSay com Recently launched in beta as proof of concept primarily for potential investors consideration We believe this Socialmedia site has tremendous revenue potential.
That’s a good one. I wasted about half a year doing some bridge building on sites like IrishStore.com, you can see the results there.
This year NameDream has taken a tonne of time and I’m hoping it will be worth it.
The other ones I want to develop are CoolPlaylist using the Spotify API but it would just be for fun.
My top 3 probably would be:
HomeTours.com
CruiseAdvice.com
VirtualHouses.com
I honestly do not know how much I would sell them for. Timing is everything.
PoopApp.com-an app to Identify the Poop of animals and
VirusApp.com- an app to identify/scan and neutralize the virus
Marble.Trade , Am Mining Engineer and all the time marble is popular and interesting for business.
Mine would be DreamBelieveAchieve.com into an inspirational and motivational site.
My top 3 are:
PotStuff.com (Cannabis and Cannabis-related products & news)
GlowBands.com (Glow-in-the-Dark Wrist Bands,
Bracelets, Rubber Bands , Headbands, etc.)
RentRides.com ( great for Bikes. Scooters, Motorcycles, Autos,
Kiddie Rides, etc.)
Medicinera.com
Simplelend.com
Foodvisor.com
3dmodule.com
Foreclosur.es
Given the great success Richard had with selling his built-out Resume / Resumes .com to Indeed, I’d follow in his wise and admirable footsteps with MiniResume / Miniresumes .com.
Once they were generating $50,000 / month net income, however, I wouldn’t sell them for 10x what I’m currently asking for them.
A miss is as good as a mile.
PawnLoans.com
FastPayday.com
FastCheckcashing.com
Burp.beer
CharityRaces.com
3DPrintingAmerica.com
SeniorSolopreneur.com