Full-time Domainer or just a Hobby/Part-time?

[Bram C.]

I was reading an interesting NP thread earlier today that has a poll on how much profit domainers are making on average /month ( https://www.namepros.com/threads/how-much-do-you-earn-from-domaining-per-month.958903/ ) . There are already some interesting results such as "Around 52% of all domainers who voted make less than $100 a month." and " Around 10% of all domainers who voted make more than $5K /month".

I figured it would be a nice idea to also have a poll on how many domainers are doing this full-time compared to doing it as a hobby/part-time to have a better understanding of the previous poll and to be able to compare the results.

 

[BrandChimp]

Full-time.
Investing can't be a hobby. You must treat domain investing as a business if you want to make money.

I started at age 17 registering crap domains .net .info for fun and soon realized that I was just loosing money.

Now I'm turning 27 and I do it full-time.

 

[Shams]

I already have other businesses and thats y i don't count domaining my full time job. In earlier stage of domaining i started as hobby but I'm willing to make it full time. I have invested handsome amount in domains. The other thing is full time domaining isn't for everyone. I know a guy here on namepros and we are good friends. He has good taste in domains. The way he choose domains, i never seen anyone like that. He's full time domainer now but undevotional. He don't take it seriously. He always made 2 3 good quality sales in a month and relax all other days.

 

[baseballworld]

Interesting that many are part time or do it as a hobby compared to full time. I know one aspect of the hobby part that I like is there is no sales pressure ever. I make enough parking to cover renewals and all the new purchases to make the parking portfolio grow. If I do not like the sale I can walk away pockets still making money. The F-OFF low baller factor I call it.

 

[wayne wooldridge]

I'm a full time domainer, albeit in the early stage. I'm not making a ton yet, but keeping my roi as it is, I am having a promising start.
It began as a hobby about a year ago, then I had stopped completely due to rl issues..

Now I'm back, working completely from home. I'm learning many new things and diving head first, finding an edge to separate myself from the mundane 9 - 5 business...

 

[fitkhan]

Till now it was a part time hobby/interest but in the next coming weeks I am going to make it my full time business.

 

[BoothDomains]

Full time

 

[rightondanny]

hobby / obsession

 

[Landov]

Half domainer, half Forex trader

 

[Dondomainer]

Web developer and domainer full time, - I do not work for anyone from 2010.

 

[Keith DeBoer]

Some interesting surveys this week:

• ~75% are domaining part-time

• ~50% have bought a domain that cost $1,000 or more

• ~50% are earning less than $100 per month

Conclusion? There are a boat load of part-time domainers buying high priced domains and earning less than $100 per month. Maybe it's time for some to re-examine their business plan.

 

[enlytend]

Conclusion? There are a boat load of part-time domainers buying high priced domains and earning less than $100 per month. .

Or different subsets of people responded to 3 separate surveys.

 

[deez007]

Part-time business. Full-time would be awesome! Maybe next year...

Hahahah I'm gonna start a rumor that Connor Mcgregor is going into domain trading full time after his defeat to Nate Diaz :P

 

[Rainmaker-NL]

Some interesting surveys this week:

• ~75% are domaining part-time

• ~50% have bought a domain that cost $1,000 or more

• ~50% are earning less than $100 per month

Conclusion? There are a boat load of part-time domainers buying high priced domains and earning less than $100 per month. Maybe it's time for some to re-examine their business plan.

I am a part-time domainer. Mainly as a hobby. Im building up a portfolio and im in no rush to sell. And some domains I buy for my business. So I bought a .com recently for $$$ and havent sold anything in that month. But still I think theres nothing wrong with my "business plan".
Not much can be concluded from these little surveys.
Being a domainer might require skills, but being a statistician probably requires even more.

 

[Keith DeBoer]

I am a part-time domainer. Mainly as a hobby. Im building up a portfolio and im in no rush to sell. And some domains I buy for my business. So I bought a .com recently for $$$ and havent sold anything in that month. But still I think theres nothing wrong with my "business plan".
Not much can be concluded from these little surveys.
Being a domainer might require skills, but being a statistician probably requires even more.

I'm not talking about you or anyone in particular. Just the trends I see. Yes, if domainers have a business plan and buying and holding is part of it than no sales is OK for a while. But at some point there needs to be sales otherwise its just a delusion. I'm glad to hear that you have a business plan and are following it. My sense though is that the majority of domainers don't have one.

 

[equity78]

Or different subsets of people responded to 3 separate surveys.

Exactly

 

[daica85]

I see that almost people here having fulltime are working for a domain company or have their own domain company. That's interested.

 

[baseballworld]

hobby / obsession

Obsession is right every time I have extra cash a domain is registered. lol

 

[Dondomainer]

I think register and sell domains ( only ) it is not a good business model ( for me ) I prefer to invest in developing some domain before selling them, when you follow this, you'll realize that there are still very good free domains and then your business model comes more solid.

i have almost 1 domain newly registered ( Movil360.com ), which is under development and I have already received two offers for x,xxx and xx,xxx ,but then I choose develop instead of selling, as a door to the future.

 

[CircusMaximus]

I started part-time in 1998, and was able to go full time in 2002. So it's a 14-year-old business for me.

I feel I was lucky to be in the right place at the right time, especially during the 2001-2002 drops, and I doubt I could become a full-time domainer if I had started now.

If you started post-2008, you'd need to be a very astute trader to remain full time.

 

[BrandChimp]

Obsession is right every time I have extra cash a domain is registered. lol

I always have a list of about 100 domains available to register.

In my case, I am obsessed with making money.

 

[BrandChimp]

I started part-time in 1998, and was able to go full time in 2002. So it's a 14-year-old business for me.

I feel I was lucky to be in the right place at the right time, especially during the 2001-2002 drops, and I doubt I could become a full-time domainer if I had started now.

If you started post-2008, you'd need to be a very astute trader to remain full time.

I agree finding great domains at the right price is harder everyday. That is why I work 8h + a day just on brainstorming, auctions and looking at the drop list. Most of the time the domain names I want are sold way over my budget. However, I always find some domains that are way undervalued so I can make a profit right away.

I am now working on my startup. Something realated to domains so I can get a more stable income.

 

[xrvel]

I am a hobbyist domainer. I buy more than i sell, and i love collecting domains (local language domain)

 

[bRionZ]

This is my "part-time business", and my another business is sleep.

 

[Ricardo M]

Part time hobby but hard on the way to develop it to a fulltime hobby

 

[sanket777]

Almost full time