Michael: When I started in 1994 the industry was non-existent. Most people believed the internet was a fad. There were some that believed the internet was going to be a virtual place for everyone to dwell in. With that thought, there had to be some insight into future technologies that were not available at the time. 23 years later, virtual reality has advanced along with the broadband that would be needed to deliver it. We now have far greater access to mechanical and electrical devices that are cost effective. With a greater public need, comes innovation and the money and investment needed to make those realities for the masses available.
I feel there is no way around the fact that when you produce a lot of something, it devalues it. For the new gTLDs to produce a similar phenomenon as .com, ICANN would have to allow for every word to become an extension, and further, each of those extensions would have to be developed and advertised to the tune of trillions of dollars. Most people, when they hear or see the .com extension, understand that its definition means “on the internet”. That is truly revolutionary and linguistic in its global banding and marketing. Any method that tries to reteach the masses that .com is something else, and a new (dot)something is better, is just not going to work and will be very confusing. The money, development and infrastructure of that logic, is just not there, nor it will be.
Read MoreI still believe that today. Building a website that you enjoy with a source of income is still attainable. Create unique content daily, and offer what others can’t. That usually entails putting your time and energy into creating something of value. Your time, thought and energy are valuable and you have an endless amount of it. Convert it into something that is yours, and control your destiny...