Domain Buyers Group ?

[Compassion]

I'm looking at the idea of getting 5 to 8 people investing $500 to $1000 each.


The goal is to invest the pool of money up in premium domain purchases.

We must agree on end goals/exit strategy



What amount would you rather pay?

How many people do you think makes a good buyers group?

 

[bmugford]

Skylineleong, thanks for editing your post.

Brad

I would also be interested in being a part of a group, inverst between 500-2000. 3 person is enought.

Type of groups: (3 persons)
One person is leadership.
Two person is making decision.

Inverstment domain name type below:

 

[Brujah]

I would recommend if possible;
- an active leader or manager to stimulate and delegate,
- a marketing or sales person for active brokering of group names,
- a trusted domain manager for handling registrars and marketplaces,
- a webmaster with adequate html/css skills, graphic design skills and php/mysql would be a bonus.

Some of these could be outsourced or hired out, and some might be combined in the same person but generally these are all skill sets that would be helpful to a DBG. Try to flip a fair percentage of inventory to keep morale high and money coming in to reinvest rather than tie up everyone's funds long-term in parked names. The group will stagnate if there's not much activity and if there isn't much income to reinvest. Don't rely on members to invest much of their own time in development and growth of a specific project. It's probably better to hire out for paid posters, writers, designers, etc.. or compensate one of your existing group members if they're any good.

 

[Dangerman]

Maybe have a trusted longterm member set up a papal account, and sell shares....a person could buy one share for say, $50...or could buy more shares if they want. (However paypal charges a fee)...each share owned gives the holder one vote towards deciding how the money is spent. A record of all voting and shares owned could be watched on a dedicated thread...maybe we'll make it to $50,000 ($50 x 1000 members). If anyone wants out they'd have to sell their shares to other members.

 

[Brujah]

Is the original poster, tight-aggressive, now a closed/banned account?

 

[JayJay]

Maybe have a trusted longterm member set up a papal account, and sell shares....a person could buy one share for say, $50...or could buy more shares if they want. (However paypal charges a fee)...each share owned gives the holder one vote towards deciding how the money is spent. A record of all voting and shares owned could be watched on a dedicated thread...maybe we'll make it to $50,000 ($50 x 1000 members). If anyone wants out they'd have to sell their shares to other members.

That is a really good idea! Id be in for that, would make more sense to try and get $1000 from 50 members though, that way we could get it done faster