Comments on: Getting started in domaining - Five principles guiding my early efforts http://domainbinge.com/archives/featured/getting-started-in-domaining-five-principles-guiding-my-early-efforts/ A beginner's guide to the domain industry Wed, 03 Dec 2008 23:44:51 +0000 http://wordpress.org/?v=2.2 By: Matt http://domainbinge.com/archives/featured/getting-started-in-domaining-five-principles-guiding-my-early-efforts/#comment-31 Matt Thu, 05 Jul 2007 20:56:51 +0000 http://domainbinge.com/archives/featured/getting-started-in-domaining-five-principles-guiding-my-early-efforts/#comment-31 <p>Brian -</p> <p>Thanks for relaying your own experience. I think it reflects two realities that new domainers face early on:</p> <p>1. the domains they can afford aren't going to produce huge parking incomes, and</p> <p>2. "earn money while you sleep" is a pipe dream...successful domaining takes hard work</p> <p>I bet these two things cause a lot of new domainers to leave the game as quickly as they entered it.</p> Brian -

Thanks for relaying your own experience. I think it reflects two realities that new domainers face early on:

1. the domains they can afford aren’t going to produce huge parking incomes, and

2. “earn money while you sleep” is a pipe dream…successful domaining takes hard work

I bet these two things cause a lot of new domainers to leave the game as quickly as they entered it.

]]> By: Brian http://domainbinge.com/archives/featured/getting-started-in-domaining-five-principles-guiding-my-early-efforts/#comment-30 Brian Thu, 05 Jul 2007 15:40:27 +0000 http://domainbinge.com/archives/featured/getting-started-in-domaining-five-principles-guiding-my-early-efforts/#comment-30 We're in a very similar situation in terms of having built up our portfolio but are only now seeing the beneftis of domains as assets. We're now following routes to try and raise awareness of the domains we own, but it is tough when starting out ... no question that this is not about buying domains and sitting back watching the pennies pile up! A lot of time and effort is required. We’re in a very similar situation in terms of having built up our portfolio but are only now seeing the beneftis of domains as assets. We’re now following routes to try and raise awareness of the domains we own, but it is tough when starting out … no question that this is not about buying domains and sitting back watching the pennies pile up! A lot of time and effort is required.

]]> By: Matt http://domainbinge.com/archives/featured/getting-started-in-domaining-five-principles-guiding-my-early-efforts/#comment-24 Matt Sun, 01 Jul 2007 13:34:26 +0000 http://domainbinge.com/archives/featured/getting-started-in-domaining-five-principles-guiding-my-early-efforts/#comment-24 Yep...the buy and hold strategy assumes cash flow isn't an issue. I think it's a personal thing...So far, I've set up my portfolio at a level that I'm comfortable with and can afford each year when renewals come around. Budgeting and planning are key. Yep…the buy and hold strategy assumes cash flow isn’t an issue. I think it’s a personal thing…So far, I’ve set up my portfolio at a level that I’m comfortable with and can afford each year when renewals come around. Budgeting and planning are key.

]]> By: espressos.org http://domainbinge.com/archives/featured/getting-started-in-domaining-five-principles-guiding-my-early-efforts/#comment-23 espressos.org Sun, 01 Jul 2007 00:42:44 +0000 http://domainbinge.com/archives/featured/getting-started-in-domaining-five-principles-guiding-my-early-efforts/#comment-23 Nice post........ But the big problem is that holding for the long term starts to get expensive if your portfolio grows to a substantial size. These annual renewal fees can be significant and are not always covered by revenue from parking. Still, it should all be worth it in the end, I hope! :) Nice post……..

But the big problem is that holding for the long term starts to get expensive if your portfolio grows to a substantial size. These annual renewal fees can be significant and are not always covered by revenue from parking.

Still, it should all be worth it in the end, I hope! :)

]]> By: Matt http://domainbinge.com/archives/featured/getting-started-in-domaining-five-principles-guiding-my-early-efforts/#comment-22 Matt Sat, 30 Jun 2007 12:48:32 +0000 http://domainbinge.com/archives/featured/getting-started-in-domaining-five-principles-guiding-my-early-efforts/#comment-22 Fred -- I agree (obviously). Seems like domaining is all about flipping for some out there...I suppose this will bring in a bit of cash flow. But, at least for me, this strategy just isn't worth it. If you've got good domains - and you don't need cash flow - holding for the long term while valuations increase (and become more predictable) seems like the best approach. Thanks for the comment. Fred –

I agree (obviously). Seems like domaining is all about flipping for some out there…I suppose this will bring in a bit of cash flow. But, at least for me, this strategy just isn’t worth it. If you’ve got good domains - and you don’t need cash flow - holding for the long term while valuations increase (and become more predictable) seems like the best approach.

Thanks for the comment.

]]> By: Language Blog http://domainbinge.com/archives/featured/getting-started-in-domaining-five-principles-guiding-my-early-efforts/#comment-21 Language Blog Sat, 30 Jun 2007 04:24:12 +0000 http://domainbinge.com/archives/featured/getting-started-in-domaining-five-principles-guiding-my-early-efforts/#comment-21 Matt, Tried that email and it got returned. Would you mind emailing me that way I could simply reply? aaron at letutor . com Thanks. Matt,

Tried that email and it got returned. Would you mind emailing me that way I could simply reply?

aaron at letutor . com

Thanks.

]]> By: Matt http://domainbinge.com/archives/featured/getting-started-in-domaining-five-principles-guiding-my-early-efforts/#comment-20 Matt Sat, 30 Jun 2007 02:10:19 +0000 http://domainbinge.com/archives/featured/getting-started-in-domaining-five-principles-guiding-my-early-efforts/#comment-20 Aaron - You can always contact me by e-mail here: m AT jmb1 DOT com. Thanks. Aaron -

You can always contact me by e-mail here:

m AT jmb1 DOT com.

Thanks.

]]> By: Fred http://domainbinge.com/archives/featured/getting-started-in-domaining-five-principles-guiding-my-early-efforts/#comment-19 Fred Sat, 30 Jun 2007 02:00:39 +0000 http://domainbinge.com/archives/featured/getting-started-in-domaining-five-principles-guiding-my-early-efforts/#comment-19 YES! "never sell the cow", or at least for a long time...Domaining for me, at least, is not about quick flips of virtual real estate, but creative parking or developing, either approach for monitization. YES! “never sell the cow”, or at least for a long time…Domaining for me, at least, is not about quick flips of virtual real estate, but creative parking or developing, either approach for monitization.

]]> By: Language Blog http://domainbinge.com/archives/featured/getting-started-in-domaining-five-principles-guiding-my-early-efforts/#comment-18 Language Blog Fri, 29 Jun 2007 22:06:55 +0000 http://domainbinge.com/archives/featured/getting-started-in-domaining-five-principles-guiding-my-early-efforts/#comment-18 Matt, How would I got about sending you an email. I have a question about domaining that might help your readers but was wondering if you would mind giving me your opinion. aaron at letutor.com Matt,

How would I got about sending you an email. I have a question about domaining that might help your readers but was wondering if you would mind giving me your opinion.

aaron at letutor.com

]]> By: Rob http://domainbinge.com/archives/featured/getting-started-in-domaining-five-principles-guiding-my-early-efforts/#comment-17 Rob Fri, 29 Jun 2007 20:17:26 +0000 http://domainbinge.com/archives/featured/getting-started-in-domaining-five-principles-guiding-my-early-efforts/#comment-17 Great post! Very good 5 pointers for beginning and not so beginning domainers! Successful domaining is not easy but with time and effort one can go as far and become as successful as they choose. Rob Great post! Very good 5 pointers for beginning and not so beginning domainers! Successful domaining is not easy but with time and effort one can go as far and become as successful as they choose.

Rob

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