Frank Schilling's brother-in-law makes $35 grand his first year domaining!

[hookbox]

So I was reading a post from Morgan Linton today and it got me wondering. If Frank Schilling was my brother in law and I had access to his domainer brain 24 hours a day how much money would I make my first year domaining?

How much do you think?

http://morganlinton.com/frank-schil...is-first-year-as-a-part-time-domain-investor/

 

[Beezy]

I feel like if you start with $10k, you can make $35k in a year almost no problem in this industry.

Not sure what he started with or any other details.

 

[jideofor]

not bad

 

[gotasale]

Sorry to tell you that your feeling is not true
It is not easy even with 15 years experience in domaining to turn 10k$ into 35k$
Always a problem... Lots of problems

If you make it in the first year، so you just win the lottery. Big beginner luck

I feel like if you start with $10k, you can make $35k in a year almost no problem in this industry.

 

[urlurl]

Very possible, I sold 5 names so far this year all in $x,xxx range totaling aprox. $9k+ and my cost for them was $150 total.

 

[DanBingham]

Anything is possible, particularly in this industry!

 

[Fancy.domains]

About 5000 more than I made my first year.

 

[urlurl]

I took me a few years to get traction too, but I was doing it the old school way, trial and error

 

[Shimmy]

making $35k is not the same as profiting 35k. Maybe he profited 35k, but the tweet doesn't say it

 

[Asfas1000]

Maybe access to FS's clients had something to do with it ?

 

[LarryDomain]

I feel like if you start with $10k, you can make $35k in a year almost no problem in this industry.

Not sure what he started with or any other details.

This is totally false. Having more money to start with doesn't always lead to making more money in the Domain field. I am betting that if you give 100 people $10,000 to start buying and selling domain names. 90% will have less money at the end of the year.

It's a tough field and even if you made the perfect choices in buying the right domains, you will need a ton of luck to get the right buyer to pay more than you originally paid for the domain.

This industry requires a lot of patience and LUCK!

 

[EmotiveDomains]

Maybe he has $100k worth of renewal fees coming up.

 

[BionicMan]

Capital and knowledge from Frank, win win.

 

[EmotiveDomains]

Not bad for part time though.

 

[Smiles76]

This is totally false. Having more money to start with doesn't always lead to making more money in the Domain field. I am betting that if you give 100 people $10,000 to start buying and selling domain names. 90% will have less money at the end of the year.

It's a tough field and even if you made the perfect choices in buying the right domains, you will need a ton of luck to get the right buyer to pay more than you originally paid for the domain.

This industry requires a lot of patience and LUCK!

I disagree. It's hard to purchase good names without a decent amount of startup capital. Maybe that was possible 20 years ago but not today. Secondly, no amount of patience will turn a bad name into a good one.

 

[LarryDomain]

I disagree. It's hard to purchase good names without a decent amount of startup capital. Maybe that was possible 20 years ago but not today. Secondly, no amount of patience will turn a bad name into a good one.

I don't understand what you're disagreeing to?

 

[hookbox]

If you started with $10,000 and no experience chances are at the end of the year the 10k would be gone and you would probably be left with a few thousand dollars worth of crappy domains.

 

[Grilled]

I wonder how much he pays for domains. (Family discounts at UNI?)

 

[johname]

Just not having your bro-inlaw bid against you is enough lol

 

[wwwulff]

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