How Much Do You Need to Earn to Be a Full Time Domain Investor?
I have to admit that I thought the percentage of full time domain investors vs. part time domain investors would have been much lower. According to the poll I ran asking people who read my blog if they are full time domain investors, 40% of the almost 200 responders indicated that they invest in domain names as their full time profession.
I had anticipated closer to 25% of the people who responded would be full timers, although there may have been a bit of confusion about what it means, as some people work for themselves and are in the domain business but their involvement in domain investing is more peripheral.
I am curious what amount of income (NET, not gross) it would take for you to become a full time domain investor, assuming your goal was to quit your day job and work for yourself. Of course, many people love their job and love investing in domain names as a hobby, so I guess this wouldn’t really be a good poll if that’s the case.
To put a bit of perspective on things, according to the US Census Bureau, from 2006-2010, the median household income in the US was $51,914.
So, how much annual net revenue would it take for you to turn your domain investing business into a full time profession (or what did it take in case you’re already doing it)? Vote in the poll below!