- Impact
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What was your capital when you started domaining?
Wow! This is resilience! I would have panicked after losing the 1K!Around $100 in 90's just for curiosity, not to sell it for profit. In the first years of the millennium I threw $1,000 and lost. I threw another $1000 after 2-3 years and turned it to 10k in 1 year. Never give up.
Wow! This is resilience! I would have panicked after losing the 1K!
NiceI started with 10K around July 2020, and wasted most of it on crappy hand reg and overpriced auctions.
Had a surprise sales of around 10K in Nov/Dec 2021 combined, and this was when I didn't want to invest any more money. So it came as a blessing. I spent that 10K plus another 5 K in the next couple months on fresh buying which set the path for my current domaining business.
So my out of Pocket was around 15K. And just to make sure I play with house money, I took out 15K from my domaining business account, and I have another 20K in reserve which I plan to continue to grow so that I can acquire a nice one word .com. All these generated from my sales.