NameSilo

Are you a MILLIONAIRE???

Located in General Domain Discussion started by BlackCatsAreNice, Jan 25, 2020.

Replies:
39
Views:
2,233

  1. BlackCatsAreNice

    BlackCatsAreNice Restricted (15-30%)

    Posts:
    153
    Likes Received:
    199
    So what's the score friends?

    Surely, you are in it to win it as Producer Michael likes to say.

    Don't know who that is? He's on the yousetubeesss!!!

    Have you ever sat down and taken stock of how many domains you own and how much you're willing to let them go for? So if you assume an average sale price spread over all your domain holdings, and being somewhat conservative, does it make you a MILLIONAIRE???

    Or maybe you are already a millionaire?

    Time to retire!
     
    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. lock

    lock PremiumNameDomain.com VIP

    Posts:
    3,722
    Likes Received:
    3,346
    Then look at 1% of that as that is the likelihood of sales most are likely to make.
     
  3. BlackCatsAreNice

    BlackCatsAreNice Restricted (15-30%)

    Posts:
    153
    Likes Received:
    199
    So you are saying you only have confidence that 1% of your domains will sell? Awfully low.

    I peg mine at 10%.
     
  4. garptrader

    garptrader Top Contributor VIP ★★★★★★★★★★

    Posts:
    2,979
    Likes Received:
    3,175
    An investor can theoretically put together a simple table where one column is the price tier, another column is the number of domains priced at that price tier (or domains one would be willing to sell at that price point) and another column which is the product of the other two columns. Add up the totals and many domain investors would arrive at a six or seven figure number portfolio valuation. However, most of the world sees little need for domains and it is unlikely most investors will sell a meaningful portion of their portfolio at their desired price point. When renewal costs are factored in, reality is much different than the portfolio value table one might calculate in their dreams.
     
  5. .X.

    .X. God is great Gold Account VIP ★★★★★★★★★★

    Posts:
    8,908
    Likes Received:
    5,378
    selling 10% of a complete large portfolio is no problem for most usually, selling 10% per year is of some power seller status IMO. I am swinging a 3.355% of my complete portfolio in sales, and that far up from years ago when i was selling 1.2% a year which equals to paying renewal fees and maybe a beer or two

    however there are many here that i would assume do fairly to pretty well on a yearly basis as far as income vs investment vs losses
     
    Last edited: Jan 25, 2020
  6. BlackCatsAreNice

    BlackCatsAreNice Restricted (15-30%)

    Posts:
    153
    Likes Received:
    199
    The key is PATIENCE.

    Eventually, when the world comes knocking at your doors, you have em by the BALLS!!

    Pay me. Sh*t Up and PAY ME!

    Again, bide your time.
     
  7. lock

    lock PremiumNameDomain.com VIP

    Posts:
    3,722
    Likes Received:
    3,346
    It is commonly mentioned on here that most domainers sell 1-2% if I was to fall into that category it would have little to do with quality but effort.
     
  8. frank-germany

    frank-germany domainer since 2001 / musician VIP

    Posts:
    7,911
    Likes Received:
    10,123
    let us see your domains
     
  9. BlackCatsAreNice

    BlackCatsAreNice Restricted (15-30%)

    Posts:
    153
    Likes Received:
    199
    AAhhh..the ole show me your wee wee trick.

    Sorry I am not into that.
     
  10. novasyd

    novasyd Established Member

    Posts:
    834
    Likes Received:
    156
    Yep, I'm. I try to sell my domains a MILLION times and still have no success.
     
  11. BlackCatsAreNice

    BlackCatsAreNice Restricted (15-30%)

    Posts:
    153
    Likes Received:
    199
    The secret to sucess is to DO, not TRY.

    Or as Al Pacino says...first you get the money. Then you get the power. And after you have the money and power...You Get The WOMAN.

    Most Men do it backwards and end up miserable.
     
  12. novasyd

    novasyd Established Member

    Posts:
    834
    Likes Received:
    156

    Al Pacino didn't say that some movie character said it. Life is not as easy as a movie. Al Pacino BIO can confirm that. :)
     
  13. MasterOfMyDomains

    MasterOfMyDomains Top Contributor VIP ★★★★★★★★★★

    Posts:
    4,398
    Likes Received:
    4,420
  14. domaineed

    domaineed Established Member

    Posts:
    564
    Likes Received:
    301
    "Just when I thought I was out, they pull me back in."
     
  15. Brands.International

    Brands.International formerly lolwarrior Gold Account VIP

    Posts:
    6,016
    Likes Received:
    8,110
    I agree, the secret is to DO things ... so first thing one should do in their millionaire status chasing is to have a link to their domain portfolio visible in their signature .. just imo :)
     
  16. Internet.Domains

    Internet.Domains Top Contributor VIP

    Posts:
    2,469
    Likes Received:
    5,955
    Why settle for being a millionaire? That is so 80's.(not knocking the 80's, just inflation got the best of us)....Shoot to be a billionaire.
     
  17. Mister Funsky

    Mister Funsky Top Contributor VIP

    Posts:
    3,118
    Likes Received:
    10,878
    According to estybot and gdaddy appraisals I am...already looking for a new vette to celebrate my status. :xf.smile:
     
  18. BlackCatsAreNice

    BlackCatsAreNice Restricted (15-30%)

    Posts:
    153
    Likes Received:
    199
    The new mid engined model is a bucket list item!
     
  19. xynames

    xynames XYNames.com PRO VIP

    Posts:
    3,877
    Likes Received:
    7,371
    The monetary value of everything lies in "what you can get for it" and this applies to art and collectibles, as well as domains, real estate, stocks, bonds, as well as anything else.
     
  20. NickB

    NickB Aka MrAcidic Gold Account VIP

    Posts:
    2,414
    Likes Received:
    4,597
    Very personal question and anyone who answers this in the positive is bloody delusional or big headed....
     
  21. HotKey

    HotKey Made in Canada VIP

    Posts:
    2,447
    Likes Received:
    5,662
    Oh ok so you just flap your mouth off with nothing to back it. Gotcha. Dam, sucks I'm allergic to cats. Else I'd help feed more of your pointless threads.
     
  22. frank-germany

    frank-germany domainer since 2001 / musician VIP

    Posts:
    7,911
    Likes Received:
    10,123
    I'm allergic only to nice black cats
     
  23. NickB

    NickB Aka MrAcidic Gold Account VIP

    Posts:
    2,414
    Likes Received:
    4,597
    I hate cats - always been a dog person myself.....
     
  24. BlackCatsAreNice

    BlackCatsAreNice Restricted (15-30%)

    Posts:
    153
    Likes Received:
    199
    Lol friends. Your allergies and hate will not keep the CAT down!!!

    Remember stay positive. Believe in the law of attraction. Karma.

    If anything...the pet industry is in the BILLIONS.

    Buy pet domains.
     
  25. Recons.Com

    Recons.Com Top Contributor VIP

    Posts:
    6,381
    Likes Received:
    13,074
    On paper, it is easy to get to value of $1mm. Buy GD valuations, my portfolio is worth 6mm, by my own pricing over 8mm.

    But, the assets are highly illiquid with average expected hold time measured in decades, so if you need cash right away, you would sell for small fraction. On top of it the assets come with huge annual liability for holding them in the form of renewals.
     

Want to reply or ask your own question?

It only takes a minute to sign up – and it's free!
Topics / Tags:
NameWorth
  1. NamePros uses cookies and similar technologies. By using this site, you are agreeing to our privacy policy, terms, and use of cookies.
    Dismiss Notice
Loading...