Domaining for a living?

[Ricardo M]

Hi all

I was wondering who does domaining for a living or who does it for a secondary income besides your regular job.

I do it on the side next to Real estate brokerage. Although i consider maybe to go fulltime as a domainer.

 

[Kpett]

Secondary income ... too uncertain and volatile for full-time, especially living in the USA.

 

[AbdulBasit.com]

It's a big advantage living in Pakistan and operate full time domaining for me since the cost of living is too low compare to U.S or Europe.

 

[Kuffy]

It's a way to build a store of wealth until the curnet financial crisis blows over. I take payment for any names I sell in Bitcoin as another non-feral savings medium. I sold another name last night, but I don't seem to be selling the ones I want to clear out ( mainly pharma).

 

[Domain Monk]

domainining is my only source of income ...i run my family with it. and i buy only hand reg for now.

 

[xynames]

Whether doing this alone or alongside other ventures or alongside a regular full time job, to be successful must put the hours into it. That’s true of anything. Put in the time and effort.

 

[briguy]

When my domaining income exceeds my main income maybe then I will go fulltime!
Unless, I get a sweet offer on my long term portfolio, then I am retired.. but that won't happen until I put it up for sale!

 

[wwwweb]

When my domaining income exceeds my main income maybe then I will go fulltime!
Unless, I get a sweet offer on my long term portfolio, then I am retired.. but that won't happen until I put it up for sale!

Godaddy seems to be on the hunt for portfolios, but looks like they pay $500 each across the tens of thousands of domains average for pretty solid keyword .com's.

 

[EmotiveDomains]

For me, domaining is a secondary income. I don't like relying on just one source of revenue.

 

[Jurgen Wolf]

Full Time over 8 years already...

 

[GeorgeQuang]

If you have money to invest ( minimum is $10k) with no dept or no kids, you can try it as a full-time job.
But if you are in dept, have wife and kids, you can not live with domains in your first domaining year. That's true.
Living in South East Asia is my advantage, because the living cost is low ( you can live well with only $200/month). If i live in Western Countries or The States, i would not be in this industry for a full-time job. Just part-time.
I knew and chatted with some guys here, who are living in Developed Countries as a full-time domainers. But almost have free-money, and they used to work in other industries to pay dept and earn money to invest before becoming full-time domainers .
Or you can work as a staff in a Domain Ventures Company to increase your skills and your knowledge about this industry.
That's your choice.

 

[DanBingham]

At the moment for me it's a sideline business but could go full time next year

 

[Dominic Belley]

Secondary income and zero time consuming.

When I started in 2015 it was taking a lot of my time because I was actively flipping 4L.

Now I am in less liquid domains (brandable, 2-words) so it takes no time. I buy, I put on Afternic/Sedo and I wait and I wait and I wait.

 

[Ricardo M]

Great reactions so far!

 

[Venkatesh Jadhav]

Started as side business to generate additional income source.

 

[platey]

What is a domain sale lol

 

[Addison]

I was wondering who does domaining for a living or who does it for a secondary income besides your regular job.

Domain names are my only source of income and my net profit is around $500,000/year. It goes up every year.

I'm on a buying hiatus, because I have thousands of domains and it'll be 100+ years before they all sell.

 

[bmugford]

The majority of my income comes from domaining.

I do have to say though I think it would be extremely hard starting today from scratch when you factor in the re-seller prices of average .COM at popular venues like NameJet, GoDaddy, etc. There are still opportunities, but far less than years ago.

You really need a serious budget and/or need to bring something unique to the table (skills or business model) to succeed.

Brad

 

[Ricardo M]

The majority of my income comes from domaining.

I do have to say though I think it would be extremely hard starting today from scratch when you factor in the re-seller prices of average .COM at popular venues like NameJet, GoDaddy, etc. There are still opportunities, but far less than years ago.

You really need a serious budget and/or need to bring something unique to the table (skills or business model) to succeed.

Brad

That's for sure. All my sales over the last 10 years came from hand regged ones...believe it or not, i only bought 1 name from here and never from anyone anywhere else. I've been pretty profitable but i never invested till the max if i had the chances. I have a small portfolio now but i'm about to pump around 50k in it to extend my portfolio and to switch to fulltime. I just came back from Dubai after living there for 4 years. The risk of domaining and the lifestyle was dangerous so i always worked on the side to have a good income during good or slow domaining times.

 

[Addison]

The majority of my income comes from domaining.

I do have to say though I think it would be extremely hard starting today from scratch when you factor in the re-seller prices of average .COM at popular venues like NameJet, GoDaddy, etc. There are still opportunities, but far less than years ago.

You really need a serious budget and/or need to bring something unique to the table (skills or business model) to succeed.

Brad

I'm in complete agreement with you. It took me years to discover a profitable niche and then I invested heavily in it after I saw results. That's the only reason I was able to become successful with domains.