Damion

Originally Posted by -db-

How much time does it take for a millionaire to develop a website? Perhaps we should ask Rick Schwartz that question. Oh wait -- he doesn't know either. He's another one who's always full of big development talk.... but usually ends up with very little real development to back up his big words, or his bigger ego. Most of these big talkers couldn't 'develop' a headache if they pounded their head against the wall. And Rick Schwartz is one of the worst of all.

Spot on!

What i find ironic is the message that Rick has been repeating over and over, how the big companies like Hilton Hotels or the big advertising agencies don't understand the power of generic domains and how it could contribute to their brand, online revenue potential if they used generic keywords for their business...primarily or complimentary.

For which i agree with, but here is what i find ironic.

He doesn't do much with his premium domains as well, he's basically repeating the same message over and over, criticizing these corporations for not seeing/taking advantage of these opportunities, adding that the cost of a premium domain is a fraction of their advertisement budget overall...which is true....

But he does the same thing with the domains you listed in your post.

1:There are tons of web developers out there that would LOVE to develop some of the premium domains that are simply parked right now

2: You have the budget to offer these developers a start up advance and you could offer them a revenue percentage deal.

It doesn't take millions or hundred thousands of dollars to create decent websites from the premium domains parked out there, and by offering a revenue share for life, you can develop tons of domains and build a real media empire that not only generates more money then parking, but is also a more viable solution for the long term.

And added on top of that, you increase the value of your web property by X times.

So when you have the money to get the ball rolling, why would someone like Rick for instance (he's not the only one of course with top premiums and the money to get things started) not focus his efforts to build out a media empire, instead of bitching on corporate America?

And ironically when he does criticize corporate America, criticizing himself at the same time.

Now you could argue that Rick wouldn't need to build out his domains, he doesn't need more money, he is content with his current revenue stream, but how would that make him any less in his own words..."stupid" then corporate America.

Quote:

Hotels.com is one of my favorite stories because it illustrates the stupidity and failure the majority of Corporate America and Madison Ave have achieved.

Yes, he was one of the pioneers that foresaw the value of domains, i'm more referring to the potential of premium domains he's and plenty of others are neglecting and keeping them parked instead of developing them...while having the capital to develop one or ten domains at a time and rinse and repeat.

Hiltlon and plenty of other businesses are content at how they operate, at how much money they make, the same as Rick.

I see an equal level of "stupidity" by corporate America and Rick...

Bring in other people, organize and share.

It will generate more revenue compared to parking ten times over!

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