I am blessed with a regular job that is not hectic also gives a good paycheck every month. I do domaining part time. Yet I love domaining more than my regular job. And it is obvious. Sometimes a single sale equals my entire year’s regular salary and that too for doing very little. I hope to quit my job once I establish a financial security for myself and my family.
Here is why I love domain investing?
Domain investing is not 9 to 5 job. You can pursue it at your own convenience and pace it the way you want. Nobody dictate you what you do. It allows you to be your own boss. The 24/7/365 nature of the domain industry ensures that you can enter any time of the day or night and also quit at your will.
You don’t need a millions to get started with domain investing. With as little as $100 or even less, you are ready to go. If you wanna minimise the risks and want a good return for your investment, you have to make sure you learn all nitty gritty of domaining first. It is not a lottery. Diligent research is essential.
Domain investing is one of the very few online methods to get rich fast. The industry abundant with stories of how a $10 reg fee domain goes for whopping five figure or even six figure sales. Perhaps the domaining is the best business to get return of your investment multifold. In this respect domain investing is better than stock investing and even bitcoin. In recent time, the Chinese are investing in domain business heavily and treat domain as a kind of stock.
Domain trading is a secure business and it will last as long as internet there. The mobile app revolution has not dented its space. It is going strong and in coming days the business will further pick up when businesses in big developing countries like India and China start coming online. It has thus a bright future.
You don’t have to knock every door or do massive marketing to sell your domains. If you have good names buyers will themselves contact you. How wonderful! And if you have mediocre names you can do minimum marketing. Just list on sites like Sedo and Uniregistry and forget everything. You will be notified when your domain sells..
And finally you don’t have to learn any technical knowledge. So far as technicalities is concerned all that you need to learn how to register, renew, push and transfer domains. It is as easy as ABC and there are lot of free tutorials online.
In nutshell domaining is a cool job when done properly. It has also some limitations like trust issue and high running cost etc. But the negatives can be minimised with a better strategy.