domains Why did you become a domain investor?

I started a domaining business because i believe in the power of domain names...and to create another income stream for myself to become more financially secure and independent.

I have two other businesses (a cleaning business and a linen hire business) so having more than one income is great! The 2008 financial crisis taught me to never rely on only one income stream for my survival.

why did i become a domain name investor?

i have always had tech concept ideas for decades but i now as soon as i have a tech concept i now buy the domain name of my tech concepts etc

i dont do anything with the domains or the concepts etc but the date and time i bought the domain name tells me how far aheador behind facebook or google i am because if they invent the concept i couldnt be botgeresd to etc i can compare the time and date i had the idea to the date google or facebook make it a reality etc

but i cant sell for toffee lol

so i dont sell any of my domains etc

Some went into domaining to give SH 25 to 35% of all their sales.

make money

karmaco said:

Some went into domaining to give SH 25 to 35% of all their sales.

Click to expand...

Well, I think SH can justify the 35% they charge, because they actually advertise the domains. Unlike others that depend 100% on your inbound traffic and still charge 20-32%

I often wonder .

Because I love domains. To me, it’s often a treasure hunt. But I don’t love them enough to not let them go.

Not an Investor.
I am a Certified Reseller.

to make myself think am doing something with my life rofl

At first it was because of VR, my belief that VR is the future (still believe that) and wanted to get involved in some way and hopefully make lots of money doing so.

Other than the very best keywords (ie video/games/360/p*rn/casino) i don't see much demand in the future for VR domain names, even though i believe in the tech.

But investing in VR and making some mistakes investing in VR this as broadened my horizons to investing in other things and i have been involved in 5 and 6 figure deals in the 5+ years of investing in domain names and I own 1 or 2 other 'potentially' (i highlight the word 'potentially' as nothing is guaranteed) valuable assets that people here have valued 6/7 figures.

I think domains is one of few industries where people can make huge ROI or in some cases become rich no matter background and full time occupation is, you can't just do that though, you do have to know what your investing in, but anyone has potenital to do that no matter background or where you live in the world and that is my interest in domain names, that 'hope' it can give people in all walks of life.

I started as a domain collector. Then I realised that some domains can be sold for nice money, just like any other collectible. And that money can buy me more nice domains for the collection. So I guess that makes me an "investor" now.

Aiming for a better future.

And discovered it fits like a glove.

I purchased domains to use for a virtual reality tours business.

Twenty years down the track and I'm now considered to be an investor.

It was never my intention... it just worked out that way.

If I had planned on investing back then, I would have purchased other (better?) names.

Initially thought it would be easy money......little did I (or most people) know

It afforded me the opportunity to put some of my creativity into action. And if I could make a few dollars at the same time, all the better.

I like to travel. A lot. And when I travel, I like to eat well. And to drink well

Therefore, few year back I looked into some "online business", to generate some additional income.

Found this great forum, with some wonderful people ... after that domaining became an addiction.

Residual income! Earlier this week I sold a domain while I was out for a run.

There are lot of ways to make money online. But, I got stuck with domains.

Domaining helps me get rich quicker

I have a disorder that causes me to think of new business ideas.

This helps cure my disease.

I got into the domain game simply because I had nothing else to do. Covid-19 hitted my main business (travel agency) hard, and all of a sudden I had lots of free time.
I needed to come up with some ideas, some business opportunities which covid could not affect in a direct way.

Now, one year later, I am very glad the idea of domaining crossed my mind, probably I could not use all this time better, in terms of business.

Great topic @equity78 (and SH).

For me I started when some domains I had for developed I decided I would never use and tried to get back a few bucks for them.

I stayed because of the sense of community within the domain world, the challenge, an outlet for creativity and opportunities to explore interesting questions.

Bob

It is Destiny.

I brought my first 2 domains in 2016 for my startups but unable to execute as per plan and after one year even didn't bother to renew my domains. While busy in my professional corporate life in April 2018 again got a new business idea and knowing the importance of Brand Name thought to register and block the domain name immediately. Luckily the domain name in dot IN extension was available so I purchased it but this time for 5 years.

After approx. one year in May 2019 in the middle of a pandemic, I got an email from the Netherlands enquiring about my domain price. They found my address from WhoIS as I was not aware about the vibrant domain industry. After one week with several email exchanges, I sold my dream project for 100 times profit (100% STR). The valuation of my hand reg domain was only 20 times less than the price I sold in almost all valuation tools. After spending months in the domain industry, I realized and now pretty confident that I sold my domain for less than 10 times its market value and those valuation tools were just 200 times wrong. Nowadays I simply use 200 times as a multiplying factor

I used this pandemic time in learning new things, creative and constructive engagement and after 9 months, I realized that I own a small domain portfolio and some big dreams. Anyway, beyond RoI and future profitability, I am thankful to the domain industry and community for keeping me creatively engaged and busy at home during these lockdown and social distancing eras.

Thank you!