Your $100,000 year in domain names…

[slaughterbeck]

$100,000 a year...

Is this a figure that seems possible for you to achieve? If it is, then how likely is it for you to garner that amount in a singular calendar year?

Is this something you strive for, hope for or what are your individual goals in this industry? What would it take to make you happy from your efforts in the field of domaining?

What are your expectations?

 

[user-7256]

I would like to get 100K from domains, but I find it impossible.

To make me feel happy in the field of domaining, I would want to get enough money to buy a decent computer with

 

[vip-ip]

At $50 / hr. (minus tax - $35) 8 hours a day 7 days a week with no week ends works out fine

 

[DropLister]

i plan to make $150,000 a year with dn, im starting a parking service, auction site, and droplists site. and selling names of course...muhuhahahhahah

 

[linker]

would be nice...

That would be great for sure... but I am striving to make $100 a month from ads, so at less than $15 a month right now I have my work cut out for me. I have at least 3 sites in the works right now, hopefully I will double my adsense $$ when they are released, then I am focusing on generating traffic and then I hope to get to $100 a month...

As for domaining as it pertains to reselling domain names, I would just like to get a decent sale here and there maybe make a couple hundred or so off of a few, and who knows, maybe hit a 4 figure sale sometime... Not quitting my day job anytime soon, that's for sure...

 

[Matrix1976]

$100,000 a year...

Is this a figure that seems possible for you to achieve? If it is, then how likely is it for you to garner that amount in a singular calendar year?

Is this something you strive for, hope for or what are your individual goals in this industry? What would it take to make you happy from your efforts in the field of domaining?

What are your expectations?

i hope to achieve this with domains by next year, its possible, but i wont be happy with that...thats my problem, i always want more more more....maybe ill learn to live a little someday

 

[Gene]

It's all a numbers game. If you had 10 domains for sale, it's unlikely that you'll reach $100,000 a year in sales. If you have 200 domains that sell for an average of $500 each, or 1,000 at $100 each, there you have it. But that's assuming you sell them all within a one-year period. My point is, the more domains you have for sale, the more money you can potentially make. The quality of the domains is another huge factor. So to answer your question, yes, 'this is a figure that seems possible for me to achieve'. Hopes and goals? My goals are based on much more than just domaining. Domaining is just one of my 'products'... and I haven't set a specific goal for just domain sales (maybe I should )

$100,000 a year...

Is this a figure that seems possible for you to achieve? If it is, then how likely is it for you to garner that amount in a singular calendar year?

Is this something you strive for, hope for or what are your individual goals in this industry? What would it take to make you happy from your efforts in the field of domaining?

What are your expectations?

 

[vip-ip]

And the reg fee is like tax, off of 1000 of then that's like $8000 in "taxes"

 

[wot]

For three years I held on to domains I had registered / bought wondering if I was doing the right thing especialy when renewals came around. Still having the bug I continued to reg more names, on reflection,some absolutely awful. By the end of 2003 I had sold one name for $900 and spent a lot of money, relative to return

As 2004 got in to it's stride I was suddenly getting inquiries, then offers ,then sales- ended the year just over $40K in income. :gl:

2005 gave me the opportunity I had been looking for, a niche to add to my existing portfolio, and pre regged a large number of .co/.in / .in names. I was very fortunate to get in excess of 80% of the names I pre-regged.

Subsequent sales of a large number of those Indian tlds, mainly resellers but about 10% end users, has produced just over $xxx,xxx, added to a few other good sales I am now around $150,000 for the ytd. :talk:

With a portfolio numbering some 700 names , some very good JMO, I am fairly confident of maintaining a high level of income from sales/purchases of domain names over the coming years- with lots of luck

I am not really in to development as I do not have the skills so it is purely from sales and some parking income that I anticicipate will be the source of income. :talk:

The long and the short of it is that yes, I have earned well in excess of $100,000 in one year, but it took me nearly five years to get there!- never give up :lol:

 

[dpk87]

wow very nice... Most domain sellers do it as a hobby... so it would be hard to make 100,000.

 

[Matrix1976]

wow very nice... Most domain sellers do it as a hobby... so it would be hard to make 100,000.

not necisarily :P

hobbies can be very lucrative

 

[dpk87]

I sure wish I had a hobby pulling in 100k.

 

[VURG]

If I had $100000 per year budget...

...it would be lot easier.

 

[labrocca]

If you aren't making 100k a year domaining you aren't working hard enough or your just don't know what your doing.

 

[JMJ]

As Gene stated it's very possible. I will add, You're more likely to acquire 1000 $7-$8 names and sell them for $100 if you know how to pick them than you are to acquire 10 $700-$800 names and sell them for $10,000. Then again there may be a few people who might be able to do the later just as easy. Just some additional food for thought.

 

[Refrozen]

Why wouldn't it be possible? if you grab the right ones, and are willing to invest the time....

 

[barefoottech]

If you aren't making 100k a year domaining you aren't working hard enough or your just don't know what your doing.

Yes , Bingo somebody with some Clue about making money
We are talking about 100K here not $20 million
But only 100K , my sister earns more than that as a teacher of snotty nosed School kids


I was earning that as an Micro-electronic engineer 10 years ago
Fair enough if you only doing as hobby ,but as a Business .
What is the point if there is more money in Sweeping floors at the local Stop-n-ROB Gas Station.
It is BIG Business and should be treated as a business.
No penny ante investment and that is how you should treat Domain names ,
as Capital investments.
Do you think the Really Big Players in Internet, made money by keeping their Domains for only days or in some cases hours.
I consider myself a very small player ,but I have 60+ Domains I consider Keepers
and another 80+ I would consider selling (given good offers). But every one of them will be renewed ,not dropped.
There is rarely Names you can buy and then expect to get $5000 instantly ,yet I see that here and elsewhere all the time.
In the good old days maybe ,but not now.
What you can do is get a Name and maybe ,just maybe sell at some future time for big dollars. It might be days,weeks or months ,but you have to get the buyer to find you (Yea Right) or Go out and promote and Get the Buyer willing to pay you a good price.

 

[Refrozen]

Yes , Bingo somebody with some Clue about making money
We are talking about 100K
I was earning that as an engineer 10 years ago
Fair enoiugh If you only Doing as hobby ,but as a Business . What is the point if there is more money in Sweeping floors at the local Stop-n-ROB Gas Station.
It is BIG Business and should be treated as a business.
No penny ante investment and that is how you should treat Domain names ,as Capital investments.
Do you think the Really Big Players in Internet, made money by keeping their Domains for only days or in some cases hours.
I consider myself a very small player ,but I have 60+ Domains I consider Keepers
and another 80+ I would consider selling (given good offers). But every one of them will be renewed ,not dropped.

:tup: Great post!

 

[JMJ]

Yes , Bingo somebody with some Clue about making money
We are talking about 100K here not $20 million
But only 100K , my sister earns more than that as a teacher of snotty nosed School kids

Which school is this? The highest paid school teachers in my city make around $50k private mabey a bit more $60-$70k?

do you think the Really Big Players in Internet, made money by keeping their Domains for only days or in some cases hours.

No they got in before most others thought of buying and selling domain names. And even they had to start somewhere and I'm quite sure they have sold names for less than others might have to make profits.

What you can do is get a Name and maybe ,just maybe sell at some future time for big dollars. It might be days,weeks or months ,but you have to get the buyer to find you (Yea Right) or Go out and promote and Get the Buyer willing to pay you a good price.

You might also win the lottery but what are the odds in that? I look at it just like that. I go to the local STOP-N-ROB and get me $5 in powerball tickets and a few in scratchoffs atleast once a week. "Once in a blue moon" I might win a few bucks here and there off the scratchoffs and ofcourse have never won the powerball or else I wouldn't be here typing this post. I spend more money on a big payoff that will most likely never happen.

Now if by chance I did win a $100 on the scratchoffs which is more likely to happen I would be jumping for joy! I actually won something! wooohoo. I would then run down to the store put some of the cash in my pocket and probably end up buying a bunch more losers. But who knows there could be another $100 winner in there.

Now lets put this in a domain perspective. I can try to get a few names and try to squeeze out a big payoff sometime in my lifetime. Or I can take a bunch of jumping for joy losers.

 

[ThreeD]

thats my problem, i always want more more more....

No worries Greed is in the nature of human beings he he