Thoughts at the End of the Week | DomainInvesting.com
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Thoughts at the End of the Week

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As the week is coming to a close, I wanted to write a little bit about a few things that I thought about this past week. I bet some of you are thinking the same thing, and I welcome your thoughts in the comment section as always.

I booked my flight to New Orleans for Domainer Mardi Gras in February. For those of you from New York, Jet Blue is offering round trip tickets for around $229 after taxes – not a bad deal at all.

I wish DN Journal accepted comments. There are so many great articles and news stories posted by Ron, and it would be great if we had the ability to discuss some of them on site. I bet this would surely be a big traffic driver and would be interesting to many.

It really annoys me when bloggers and other news outlets have a comment section and don’t approve them – or they only approve the favorable comments. I wonder if these people are naive enough to think that nobody notices this – or if they simply don’t want to feel put down by people that disagree with what they are saying.

I don’t think people should develop domain names simply because others are doing it. The reason I develop mini sites is that I am a full time domain investor, and this is a way to build/add value to my domain assets in a down market. The reason I fully develop geodomains – and will be developing Torah.com (very soon) is to build businesses on them so. Anyone can sell a good domain name, but not everyone can build and manage a business. I want to challenge myself while building a revenue stream for the future, and this is an ongoing process.

If you are going to make it as a domain investor, you need to look outside of the typical domain “hang outs.” Check out webmaster forums, browse SEO websites, read up on new technology, and think about things differently than others.

I believe there are many good potential domain deals in the high end of the industry, but most of the low hanging fruit under six figures has been picked, and there aren’t nearly as many deals to be had in that area. You need to have steel stones to invest in 6 figure + domain names these days without a development/business plan, and you need a back up plan if your primary plan is to flip them.


    About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has sold seven figures worth of domain names in the last five years. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest.


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    Comments (4)

      Grant

      Good post, about development and mini sites.

      Quick question for you, what are your thoughts on developing mass amounts of mini sites? As in reg fee or expired domains and putting a couple pages of content and a few pics, and then moving on?

      I am sure I could knock out 5-10 a day, and within in a year or less have hundreds to thousands of sites and then simply drop the ones that aren’t recovering reg fee, etc..?

      I am in a tough decision to decide if I spend the effort to build up my good sites or just burning and turning.

      Let me know and have a good weekend.

      September 18th, 2009 at 1:41 pm

      Robbie

      @ Grant

      I currently have about 170+ mini sites up and going, all are covering there reg fee and making a little more.

      I personally have had some sucess from doing it but you do still need to add unique content to these site to keep SEO up and once you have 170 sites going trust me its hard work to keep them all updated every few weeks.

      Just my two cents, but I wish you luck in what ever you decide.

      Regards,

      Robbie

      September 18th, 2009 at 2:54 pm

      Michael Ward

      Elliot — Booking your flight early is a smart move. Domainer Mardi Gras 2010 is taking place during the Mardi Gras festivities so prices on flights will go up as you get closer to the event.

      Book early and save money.

      We look forward to seeing you there!

      Michael

      September 18th, 2009 at 3:33 pm

      Chef Patrick

      Yeee Hawww…Mardi Gras is going to be a blast!!!

      Funny, it’s cheaper for you to fly from NY than it is for me to fly two states over from FL. I booked my ticket, $260 ish and have a lay over there and back.

      September 21st, 2009 at 2:23 am

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