Rick Schwartz: "JointVentures.com is Open and We Are Ready for Your Listings" | DomainInvesting.com
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Rick Schwartz: “JointVentures.com is Open and We Are Ready for Your Listings”

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Rick Schwartz sent out an email this morning to let people know that his recently launched JointVentures.com is looking for domain name submissions. Joint ventures, leasing, and other similar types of deals have become more popular in the domain business over the last few years due to economic conditions.

I think these types of deals are great for a variety of reasons, and Rick has parlayed his experience with these types of ventures into a new venture that allows other domain owners to partake.

The full email from Rick is below, and if you have domain names that meet the quality standards identified by Rick, you might want to consider this opportunity.

The all new redesigned JointVentures.com is open and we are ready for your listings. We are looking for one word category defining domain names that you are ready and willing to lease and do Candy.com type deals with lots of moving parts and a lifetime of upside potential.

Over the past 30 days on my blog I have described in great detail what we are doing. Why we are doing it. What exactly I see at this point in time that makes this viable.

Now leasing is nothing new. But the market is evolving in a way that makes it more palatable and in many cases will lead to a sale. It’s a simple premise. I believe leasing a domain for $5000/month is an easier climb than selling an asset for $3.5MM.

What I am asking of you is to help me make this a successful effort by helping to arm me with YOUR domains. YOU have some of the most valuable names on the web and all I am asking is for your permission to list and do what I do. You don’t have to send traffic, you don’t have to change a thing you are doing with your domain. Just give me permission to list your category defining domain name. Just 1 or 2. And allow me to take whatever your earnings are and transform them into a more meaningful revenue stream with long term rewards and dividends,

YOU set the field for the terms and I will go out and negotiate on your behalf. Like I said, nothing you can’t do yourself, but I have a few tricks up my sleeve that can help make it a reality.

Look, you have had these assets for many years. Some domains you have make 30 cents a day or $3 a day or $30 a day that should be making hundreds a day or even thousands. Let me unlock the true value and then share in your upside.

This is a simple concept. Not new. Around for 1000 years. But it took me all these posts below PLUS our new JointVentures.com website geared to end users to explain all the reasons and benefits and why it will work NOW and in the future and not so easy before.

Candy.com and Property.com are my blueprints. I have never actually shared those blueprints that cost me in excess of $125,000 to hammer out and another $100,000 on others. Plus countless hours structuring these deals. All designed to NEVER lose the domain name. NEVER have it in jeopardy. ALWAYS to have the domain in the control of the owner unless both parties agree on an escrow agent such as Escrow.com. And that each party is a winner!

Now I don’t expect you to read all those blog posts below. But they are there and they articulate many different views and ways to look at this and I am not known as one that undervalues unique assets. Haven’t your incomes been hammered hard enough? How about giving me, the team I have assembled and our idea of how to engage the end user a chance to change your destiny, our destiny and the destiny of this industry.

We won’t be marketing to domainers and our efforts will be largely invisible to you with the exception of the increase in number of emails you receive about that specific domain from those trying to skirt around us.

It’s the season to shake the bushes. So go through your lists. Find a couple domains that have traffic and you shake your head about that nobody has bought and you don’t make the dollars you should. It’s your destiny and this is the way to grab it back from others!

And another chapter begins. The final chapter and the gateway to unlocking the true potential of your BEST domain names.

Thanks for your time! Now send me your domains. ;-)

Rick Schwartz for the entire team at JointVentures.com


About The Author: Elliot Silver is an Internet entrepreneur and his company earns revenue from domain names. Elliot is President of Top Notch Domains, LLC, a company that has sold seven figures worth of domain names in the last five years. Elliot is the publisher of DomainInvesting.com. Read this blog's disclaimer for information about the publisher, comment policy, disclosures, and conflicts.

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Comments (22)

    Jay

    Site jointventures.com looks much better then weeks ago, but I wish it has more professional design. Sorry, Rick :)

    December 11th, 2012 at 9:52 am

      Elliot Silver

      Personally, I think the internal pages should all have distinct urls. I wanted to say that there are some great domain names on the platform but I couldn’t post a direct link to that page.

      As with every website, I am sure there will be changes made over time.

      December 11th, 2012 at 9:58 am

      Larry

      It’s hokey and has a clear “get rick quick” theme. The offering could be good, but it’s hard to take something like that seriously.

      December 11th, 2012 at 2:35 pm

    Elliot Silver

    One thing I noticed on the page with the names that are available is the “deal” graphic on names that have been sold or are otherwise locked up. In my opinion, the “deal” graphic seems to indicate that it’s a good deal / special offer for those names rather than them being unavailable.

    December 11th, 2012 at 10:21 am

      john harrison

      Totally agree and not something that indicates the high value of the assets. Something like ‘LEASED’ would be more appropriate. If there are any bargains to be had for end users then the details should stay within the confines of the contract negotiated.

      December 11th, 2012 at 10:36 am

      Elliot Silver

      The only issue with “LEASED” is that some of those names have actually been sold. Perhaps “SOLD” and “LEASED” graphics would be better.

      December 11th, 2012 at 10:38 am

      john harrison

      My mistake. Totally agree with the solution :)

      Have you sent any domains to JV.com, Elliot?

      December 11th, 2012 at 10:43 am

      Elliot Silver

      No… but I am more of a do-it-yourself person when it comes to my domain investments.

      December 11th, 2012 at 10:45 am

    shahram

    looks like he needs a joint venture to do this site. ;)

    December 11th, 2012 at 11:27 am

      Elliot Silver

      One thing I’ve learned is that no matter what design you choose or colors you select, there will always be people who have differing opinions :)

      December 11th, 2012 at 11:31 am

    ohad adi weitzman

    Elliot,

    Why do you think no .org or .nets can be accepted for JointVentures.com?

    December 11th, 2012 at 11:37 am

      john harrison

      It is most probably because the Joint Ventures are required to have traffic and people always revert to the .com when typing in their browser. Any .net or .org will leak traffic to the same .com implying the .com is the more valuable asset. I may be wrong, there may be many other factors too :)

      December 11th, 2012 at 11:46 am

    Meyer

    Quotes –
    “I wish it has more professional design”

    “As with every website, I am sure there will be changes made over time.”

    Anyone involved with product or software development will tell you, DO NOT wait for a perfect product before introducing it. It will contunue to evolve quickly if there is a market for it.

    If Microsoft waited for a perfect ‘windows’ product, we might be still waiting. :)

    December 11th, 2012 at 12:17 pm

      Jay

      @Mayer – Good web design in this case (static website) is 2-person 3-day job. I don’t understand why Rick is cheap on this one…

      December 11th, 2012 at 1:25 pm

      Larry

      I don’t think that he is being cheap. I just don’t think he realizes the degree to which the design is off the mark and how it cheapens his offering.

      Someone’s mother, as an example may not have appreciation between the difference between a Ford Escape and a small Mercedes SUV. It’s not necessarily a money issue. Rick probably thinks it looks nice. Judging by the comments on this blog I’m guessing many others agree.

      December 11th, 2012 at 2:43 pm

      Jay

      @Larry – I support Rick same as many others, but most of his followrs don’t want to show criticism, as they don’t want to hurt Rick. But I believe he needs to know truth, so I am a bad buy who speaks…

      December 11th, 2012 at 3:49 pm

    Jim Holleran

    I have 4 names listed with Rick on JointVentures.com, all .com’s, all get type in traffic, from health, music, real estate, retail, all strong segments. I like what Rick is doing.

    December 11th, 2012 at 5:06 pm

    History Will Show Again - Rick Is Succeeding!

    1. People who doubt Rick will look like rookie domainers.

    2. Remember Rick is a leader and who cares about design. This can be said on PalmSprings.com and etc.

    3. Business model works and anyone who doubts Rick will look like a namepros newbie and troll.

    The amount of type in traffic domains he will have in JointVentures. As this gtld non sense continues and noise, that type in traffic is only going get more value!

    Go Rick!

    December 11th, 2012 at 11:47 pm

    Jean Guillon

    A joint.ventures coming?

    December 12th, 2012 at 3:12 am

    Lawrence

    I suggest Rick should put up some lease prices, one at the low level, mid and high, along with type-in stats for the potential leased domain names.

    Smart business people only get motivated by facts, revealed at the very earliest part of the decision making process. Few will spend there precious time reading platitudes, only moving to the initial step, a inquiry when convinced there is a direct benefit for them to proceed.

    Some of my most basic sites with the worst design, make me the most money.

    The site verbiage is a little preachy, Rich is using his old template that worked for personal deals, it should be more generalized reflecting that he does not own all the names on offer.

    December 12th, 2012 at 1:18 pm

    Lawrence

    Forgot to say Rick is spot on, some of my biggest sales came from leasing deals that quickly turned into .. Please can I buy it!
    I had one lease where the lessee was paying for the lease in profits during the first 10 days, each month.

    He quickly made me a very substantial offer to buy, 15,000 higher than I had previously offered it to him, prior to the lease.

    Yes, I sold.

    Today, I would say no, because it is almost impossible to replace that quality of domain. I would do a sale with profit sharing, to reap residual long profits.

    December 12th, 2012 at 1:31 pm

    Rick Schwartz

    Thanks for all the comments and suggestions about JointVentures.com. A website is never done. It just evolves.
    This website is targeted at a specific group of end users not dominers.

    Prices for all third party domains will be listed when we officially open in January as at that time our entire focus will be on the end user. Educating and selling the concept. The same concept around for 1000 years.

    We also have a program we will introduce in the spring that will allow wide participation with recurring revenue. We can all share in the upside of a great domain name.

    I look at building a website as plumbing and getting water from one end of a maze of pipes to another. The first test is to just get a trickle of water going through. In time you can eliminate some of the maze, have the water go more direct and increase the water flow. That all happens in time. Here in the first 30 days we are already on V2 of the website and I can tell you V3 is already underway. I anticipate taking about a year to get that water pumping smooth and strong. Never underestimate the value of a trickle. Streamlining comes later.

    We work on the site 7 days a week and while we only announce big changes, there are changes made every day trying to improve what we have. A word here or there. A sentence added, removed or clarified. Placement, navigation, all types of updates that are not easy to list nor even recognize. But each day it is polished a bit better than the day before and in time we get where we want to go.

    TargegtedTraffic.com took many years to get to the point I am satisfied with the story and the navigation and the ability of the site to close sales from people outside domaining. many years. I am sure when I start putting the Las Vegas show together there will be some more smoothing. But it all happens in time and it evolves as opposed to being gutted and redone.

    December 13th, 2012 at 1:31 pm

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