discuss How would start off again with $100 today?

[Arpit131]

Anybody who has made it in the industry or is somewhere where they wanted to be, I have this small question.

If it were today to start off again in domaining from scratch and a $100 and all the info that you have today, how would you start off?

As for me, I'd go ahead, do thorough research, wait for some coupons and buy like 15 geo domains.. Try flipping 2-3 of them at $250-$499 kind of price and scale up by rinse and repeat process.

How about you guys?

 

[infosec3]

Anybody who has made it in the industry or is somewhere where they wanted to be, I have this small question.

If it were today to start off again in domaining from scratch and a $100 and all the info that you have today, how would you start off?

As for me, I'd go ahead, do thorough research, wait for some coupons and buy like 15 geo domains.. Try flipping 2-3 of them at $250-$499 kind of price and scale up by rinse and repeat process.

How about you guys?

That is exactly how I built my domain business, but do not limit myself to GEO, since there is also money in hand-reg product and service names.

I price most between the range you mention, but in many cases have flipped recently registered names for $500-600.

 

[poweredbyme]

I'd put that hundie on black 22.

Second black 22 would bring 100x36x36= 129,600

 

[imadoer]

This is what you do with $100 . You get a huge list of available names together and just wait for a $1 to $3 registration special and get what you can

 

[Skyvisum]

It's a patience business with $100 investment .If you do outbound then that's good if you can do it well .I don't do outbound .Look for keywords in sectors that are in high demand.Health,technology,business and marketing e.t.c.Not everyone has patience and not everyone has the drive in this business .You need liquidity always and so plan before investing .Read and be up to date.Ask Questions,don't always price too cheap. $100 may net you 4 ,5 and even 6 figures .

Just research and go for it .Its not impossible to Make money in domainin.Easier said than done for most .

Just few things I have learnt from here and some great friends I connect with.Some very smart people here to really learn from .Just follow a pattern.Watch threads and then take a leap of faith.Don't give up just because you don't have money . $100 is limited but it can grow better than being deposited in a bank where you won't get same ROi if invested smartly on a domain name.

 

[maxtorz]

$12, $100, $1000, $5000, $10,000USD etc it does't really matter what you start with. I would start with at least $1000USD and would buy 1-3 names at auction then I would follow this steps:

1.Become Obsessed with success and domain investing.
2.Decide if you want to be a flipper or long term investor(5years+);
3. Write down a basic SOP(Standard Operation Procedures), and set a clear defined goal/$$$ target;
4.Learn to Sell and Negotiate like a PRO and NEVER EVER lower your goal/target;
5.GO ALL IN 100% ALL the time! ahem...be obsessed!


I wish I knew 10 years ago what I know today, and I should have never taken shortcuts.
Contrary to popular belief I would recommend NOT listening and doing what others are doing!
"Money doesn't grow on trees! A penny saved is a penny earned! and my all time favorite quote : "Your domain is worth only what someone is willing to pay for it." LOL

Probably the biggest MISTAKE in my 10 years of domain investing was not THINKING BIG enough,not knowing how to get my way negotiating a deal/life, and not getting my MONEY RIGHT!

 

[platey]

I would put 100 dollars in to a day trading account and day trade the stockmarket instead

It would be much more profitable

Domain name investing wont be about for long

 

[maxtorz]

Domain name investing wont be about for long

When you say that, what do you mean?

 

[platey]

When you say that, what do you mean?

Domain name investing as enjoyable as it is etc is becoming problematic

Its a game of snakes and rats

More and more domain name investors are having problems with udrps etc

Stocks and shares are a better investment as is crypto

Even 3 L dot coms are subject to udrps etc

Domain name investing is and industry built on sand and the tides coming in

Rats dont have meaningful conversations with snakes as when a rat asks the,snake what time it is etc

its always tea time for the snake

 

[PoliticalVII]

Write a book called " Domaining: How to start off again with $100 today? "
and start hosting webinars and getting speaking engagements.

The goal of domaining is to make money, start making money.

 

[Steven McEvoy]

Domain name investing as enjoyable as it is etc is becoming problematic

Its a game of snakes and rats

More and more domain name investors are having problems with udrps etc

Stocks and shares are a better investment as is crypto

Even 3 L dot coms are subject to udrps etc

Domain name investing is and industry built on sand and the tides coming in

Rats dont have meaningful conversations with snakes as when a rat asks the,snake what time it is etc

its always tea time for the snake

Right on the money!

 

[EZPZYO]

Step#1. Exchange $100 bill for pennies.

Step#2. To germinate the pennies soak your feet in pennies for 100 minutes.

Step#3. Plant $100 worth of pennies.

Step#4. Piss on the penny plant seeds

Step#5. Wait 100 days for a money tree to grow.

Step#6. Take the money from the tree and repeat Step#3

Step#7.

Step#8. Buy a laptop preferably Alienware.

Step#8. Register domain names that makes no sense.

Step#9. List the domain names on marketplace. Don't forget to pay for the premium listing!

Step#10. Get NamePros membership and ask other members
"How would You start off again with $100 today?"

 

[alwaysforGod]

Find something you are confident you can sell, be it multiple or a single domain, make sure the TLD it uses is trustworthy, make sure you are patient and get the domains you want, not being in too much of a rush.
Profit is relevant to investment value/capital used, so just be cautious and expect realistic returns, while reaching for the stars!

 

[BarryDavis]

If all I had to invest was $100 in this game. I would look for a domainer that had several valuable names that he was trying to sell and I would ask for a fee if I could locate a buyer. Or I might ask them to pay a fee if I found them a bargain. Either way I'd ask for a minimum of 10%. Basically I am saying time is money. The time pay off would most likely far out exceed the profit you might get from a domain name you might be able to buy for $100.

That being said I hand registered superapp.co for $8.00 and change. 2 months later I got an offer of $5,000.00. I didn't sell it but I could have. I also hand registered ep.bz for $40 and sold it for $1,000.00. I paid $50 for kingsalmon.net and recently I bought vegasvacation.org for $100. So there are deals out there.

 

[platey]

Right on the money!

Anywhere else in business any shop you like on earth etc

It isnt the buyers problems to waste time doing research to see if a product is legally able for them to buy

(Only in the domain name industry does a buyer have to research their investment before buying their investment )

If i buy shares etc i can buy 1000's of shares instantly at a given price and as a buyer i dont have to research the shares if i dont want to i can just click and buy knowing that if they are listed for sale they can be bought

Very very basic terms and conditions of sale eg if it is for sale it can legally be bought

The domain name industry hasnt got to this point yet

In the,domain name industry its

(Do your research when buying a domain name because you might get stung via,a udrp because absolutely no checks have been done by those that ought to know better

A domain name registrar is like buying food without selling by dates

Eg the food was fit for consumption a few years ago lol but wether it is now is anyones guess

That's effectively where the domain name industry is at the monent

 

[dgmweb]

I'd buy crypto...

 

[Montecar]

If I only had 100 bucks, I'd find a better use for them 100 $ than buying domains. I would go to McDonald's and buy myself a Big Mac and a Coke, I would find a job, earn the first money guaranteed and I would not need anything in terms of room, food and clothing. And only then began to invest in domains as investments as I did before. But let everything remain as it is

 

[Fancy.domains]

I would drop catch / snap 2-4 domains and put them up for sale. Just as I do now.

Perfectly matched (keyword + extension) new gTLDs or / and .com / .org...

 

[frank-germany]

Invest in stocks instead

is that a joke?
have you ever bought stocks?

$100 USD will give you trading fees
nothing else

 

[frank-germany]

Now we are in the stages that tens of thousands of speculators world-wide will buy up just about anything that catches the eye.

great news
I have stuff to sell thats eye catching

 

[EZPZYO]

great news
I have stuff to sell thats eye catching

You mean eye candy, like women?

 

[frank-germany]

I would put 100 dollars in to a day trading account and day trade the stockmarket instead

It would be much more profitable

Domain name investing wont be about for long

I do it since 2001
when do you think it will end exactly?

 

[Bean]

Depends, if I'm doing it as a hobby, I'd just be patient and wait to catch a break at one of the auction sites.
You obviously won't be winning any bidding wars with $100 but from time to time, it is possible to get decent domains for under $100 that somehow the heavy hitters seem to overlook.
You need to have a good eye, a lot of luck and a lot of patience/time but it is definitely possible.

 

[platey]

I do it since 2001
when do you think it will end exactly?

I dont know but how long will domain name investors continue to tollerate udrps taking their digital property off them for free

Businesses will always need a digital address

It was telex then fax then email then domain names then socialmedia usernames etc

The skills of finding quality keywords or inventing brandable words etc won't go away although the,technology they exist in will no doubt change as technology gets better in due course

I reckon keeping domain names for the long term although the preferred method for some of the long term investors can be profitable it could also prove costly if technology accelerates past domain name on to something else leaving domain name investors with very large domain name portfolios standing to lose a,considerable fortune

Many an industry that was thriving back in the day no longer exists today

It could be likened to fuel type

car retailers at some point will have fields of diesel and petrol cars sitting in fields that cant be sold because fuel technology will change

Who knows where domain names will be in a few years

But domain flippers wont get stuck holding large portfolios

A bit like day trading the stock market etc

Eg in a trade for 5 mins and made a profit and sold 5 mins later etc

 

[platey]

technology is a bit like playing cards

imagine technology as a person playing cards with you

You wont want a large amount of cards in your hands if technology only has one card in their hand with a variety of cards they can use to go out leaving a person with a load of cards that cant be laid after the other person wins the game

 

[GoKaizen]

No.
Yes.

The majority of people will lose time and money trying to make money with domains.

is that a joke?
have you ever bought stocks?

$100 USD will give you trading fees
nothing else