- Impact
- 5,491
I recently received an email from Teachable.com, with a video titled 17 proven ways to make money online. They rate each money-making activity on a scale from one to five stars.
Their list goes from selling services on Fiverr to selling photos, blogging, and a few others. But my focus here is the fact that they give domaining only 1 out of 5 stars.
Their justification for such low rating is, "it's very difficult to predict which domain would be a smart investment".
My problem with that statement is that they imply that making money with domains is just a matter of luck. They even say that if you "can think of the name first" you can sell it for a profit. Maybe that was true in the 90s. Not anymore.
The reason why domaining is difficult is because it requires a set of skills that must include the following:
1. You must learn to identify what is worth it and invest in the right names.
2. You must be a good negotiator.
3. You must know where and how to promote your domains.
Their list goes from selling services on Fiverr to selling photos, blogging, and a few others. But my focus here is the fact that they give domaining only 1 out of 5 stars.
Their justification for such low rating is, "it's very difficult to predict which domain would be a smart investment".
My problem with that statement is that they imply that making money with domains is just a matter of luck. They even say that if you "can think of the name first" you can sell it for a profit. Maybe that was true in the 90s. Not anymore.
The reason why domaining is difficult is because it requires a set of skills that must include the following:
1. You must learn to identify what is worth it and invest in the right names.
2. You must be a good negotiator.
3. You must know where and how to promote your domains.













