Do you work 16 hours a day domaining ?

[networkmsia]

How many of you actually work hard (10 - 20) hours a day domaining to ensure success ?

 

[Name Trader]

I just saved myself about 4-5 hours a day by not looking for any more names to buy. I feel free

 

[networkmsia]

Here I thought I just saw you on "60 minutes" the TV show. I'm sure you had seen the program on Joel.

:lol: Nope, Its NOT me. but since I am very encouraged by him, I enjoy sharing it with other members here as well. :hehe:

 

[pepperstix]

I do nothing all day long

I do nothing all day long... but sometimes I do as little as possible as often as possible for as much as possible.

 

[PowerUp]

I spend more time at Namepros than looking for domains.

 

[-REECE-]

Same here lol :hehe:

About 1-2 hours spent between domaining and replying to inquiries daily, maybe 4 hours a day spent between Namepros, Google, and whatever else I come across worthy of reading related to domaining.

I spend more time at Namepros than looking for domains.

 

[Giode]

ROFL
:hehe: :sold: :sold: :sold:

Now was it really THAT freaking funny???

 

[ezimedia]

HI

I spend about 1-2 hours per day domaining and the rest of my day working on my sites and promoting my sites..

Not sure what you do domaining 16 hours per day that can take up so much of your time...

Thanks
Tom Dahne

 

[RWAC]

How many of you actually work hard (10 - 20) hours a day domaining to ensure success ?

At least 16 hours a day seven days a week, month in, month out.

Love it.

 

[filter]

At least 16 hours a day seven days a week, month in, month out.

Love it.

cool - how many months in and months out have you been at it?

 

[tetrapak]

I probably spend around 10-15 minutes a day actively looking for names. It could be less then that. I spend around 45 minutes a day reading Namepros, DNF, and digital point. Then I normally write articles or read about the stock market for 1-2 hours a day. So that brings me to around 2-3 hours spent per day reading. I am not sure how you could possibly spend 10+ hours a day actually domaining. I just do not see how that could be considered productive. If you work on the weekends that is around 70 hours a week. Say you work 50 weeks a year that is 3500 hours and if you are making a modest $25 you should make $87,500 in a year. To me if you are working that much and making less then $100,000 in a year you should seriously think of switching what you do with your time. Anyway, I guess that is why I do this as a hobby and not as a full time job.

Once again, you should realize that there is life outside the US and outside the developed, rich countries. In a country like India or China or even Macedonia, Romania the salaries and the cost of living is much-much lower, hence if you "only" make 20k$ / year you are in the top 1%. Which means domaining is a much better paying job than nearly anything else.

 

[worldstar]

1/3 work, 1/3 stock, 1/3 domaining.

 

[danielr]

I don’t even want to count the hours... but its usually from the time I wake up til the time I go to sleep. I have a 75 foot commute from the bed to work.

Try managing 8000 parked names, 100 developed sites, multiple affiliate programs, multiple parking accounts, and multiple registers.

I am very curious about others who do domaining as a profession and not as a hobby.

When my gross parking revenue exceeded $10,000/month (in 2005) I was forced to get incorporated (S corp).

Is anyone else in the same position?
If your running a self employed biz then it can create problems later down the road. LLC's are ok but i suspect a lot depends on your total revenue / income.

Do others who do this as a profession have their office at home as well?
Write off the area and percentage of space used.

Others who do this as a profession - How is your time spent?
My time is spent by:
Research (25%) - news articles, trends, analysis
Content Management (25%) on developed sites and outsourcing content writers and developers.
Optimizing (25%) This is an area where I need to spend more time. I many parked pages and websites that could be optimized much better.
Verifying (10%) viewing parked results and SEO rankings on developed sites.
Acquisitions (10%) actually buying and renewing. It is a very tedious job to make sure I renew the money makers (assets) and not the liabilities. I have to verify about 600 names per month but as time goes by my portfolio gets more refined.
Correspondence (5%) emails, sorting thru spam, and forums.

 

[.tv]

3-6 hours a day.

Merry Christmas. :santa:

 

[MyNameIsDomain]

At the moment I'm spending a lot of time on domaining and research, about 10 hours a day I think. There's a lot to learn...

 

[Seabass]

I used to work 18 + when I was a wee younger, but these days about 16. I love it so much I would work 24 hours a day if it were not for my final realization a couple of years ago that I need to sleep more.

It's borderline sickness for me, I work so hard. I would not trade it for anything.

 

[[email protected]]

Mon - Fri : 75-90 mins (Nights)
Sat - Sun : 5-6 hours (Throughout the day)

 

[Alex]

I spend about 7 - 10 hours a day, and most of it I am still researching and reading articles. In January when I started thinking about entering into domaining 100% of my time was domaining.

It gradually decreased, and I think now I spend about 60% of my time researching, and plan to gradually decrease it a bit.

 

[sashas]

around 5-6 hours when I'm buying

Otherwise, 1-2 hours, sometimes even less

Usually I'm either writing or watching a movie and have NP opened in a browser window in the background

Its the buying part which takes a lot of time. But then, I usually don't buy too often...

 

[Sleepys]

I think that a lot of the answer depends on what people consider work. I have heard some people describe their 14-16 hours work days (not on here), in ways that half of it doesn't sound like work to me at all. I work out of my house, like many people on here, and I don't consider the time it takes me to get a carryout lunch, bring it back to my house, and eat it (probably in front of the tv), to be work. It is considered the norm, that if you work 9:00-5:00, you work an 8 hour day, even if your lunch takes an hour out of that. Are the 16 hour workers in here included the times it takes to get/prepare meals and eat them? I also know some people who say that they wake up at 5:30, get showered and dressed and ready for work. Then they go to the gym for one hour, and then drive to work and get to the office at 8:00. For them, they started working at 5:30. The 30 minute drive home is included in work also. I read an article in Fortune magazine a long time ago, that I cannot find, but remember reading the CEO of a basketball team, who said he worked 19 hours a day. He included things like working out and going to basketball games as work (I guess it kind of it for him). But 19 hours of work in a day, leaves 5 hours of sleep with no time to fall asleep or wakeup or eat or shower. I take a lot of breaks, sometime maybe to wait for an auction to end. I don't consider that work, and I don't consider time in the bathroom at my house to be work, even though if you are at an office, I guess you probably do. One big difference is that when I am waiting around or taking a break, I can watch tv or do something else, people at an office can take breaks and certainly can sit around and do nothing, but they are still at the office and are still "working". Some people consider answering emails, even non-work related emails to be work, some people don't add those numbers in at all. A lot of it is in your definition of work.

Usually I'm either writing or watching a movie and have NP opened in a browser window in the background

This sums it up nicely. :zzz:


I am a full-timer, but it would be really hard for me to put an exact hour amount on per day. I will say it is not 16 hours, but is a fair amount :hehe:

 

[geb9696]

Once again, you should realize that there is life outside the US and outside the developed, rich countries. In a country like India or China or even Macedonia, Romania the salaries and the cost of living is much-much lower, hence if you "only" make 20k$ / year you are in the top 1%. Which means domaining is a much better paying job than nearly anything else.

I stand by my original statement. I have gotten to the point of making 10-12k a year online doing it as a hobby. If you are putting in a 16 hour true work day you should be making more then 100k profit. The Internet is the great equalizer. While 20k may make you rich there is no reason that a person who spends that much time working online should not be able to make more money. In the USA $25 an hour is a low wage. In other countries that can be consider extremely high but I personally think that the pay should be compared to the market place. The location that you log onto the Internet from does not limit you to a certain $$$ per hour payout. My point was more to the fact that is you are only making that much domaining you should explore other ways to make money online.

Also I live in the US so my comments are mainly directed to that audience. If what I said does not apply to your situation then ignore what I said. From my experience with making money online if you are actually "working" 16 hours a day and making 20k a year then you are doing something wrong. Not trying to downplay how much money is being made. I am more trying to emphasize just how many man hours that is.