Comments on: Why the Domain King’s Quote is Misleading and Incorrect

By: gold wow guide

gold wow guide — Sat, 22 May 2010 14:03:05 +0000

To add to your comment about social networking in-game, it also needs a user-friendly block system. (this is what I get for reading the bad_rpers_suck community on LiveJournal–500,000 complaints about bad roleplayers on WoW that people never, ever want to deal with again.)

By: pitbullstew

pitbullstew — Sat, 28 Nov 2009 22:59:27 +0000

Guess it really depends on who is bidding right Mr Brady?

By: Steve Cheatham

Steve Cheatham — Sun, 22 Nov 2009 16:51:44 +0000

Domains have a lot of value without content on them. Sometimes the content is a hinderance since the new owner wants to change the entire thing.

Candy.com is an ideal example of a good no content sale. On the other hand some names add a lot of value with content. Six of one, half dozen of the other. Take your pick.

I’m maximizing each one to it’s potential. It’s just a business decision.

By: Jessica

Jessica — Sun, 22 Nov 2009 16:04:15 +0000

“Domains have and will continue to go up in value faster than any other commodity ever known to man”.”

Actually this is the very reason why I thank God for bringing me into this industry.

Rick is an inspiration, period. It’s not what he says that makes him King, although what he says automatically gains weight, but what he has achieved or symbolizes. Many buy lotto tickets and hope to win because many did win and became instant millionaires. The money is real. The reward is real.

But domaining is not a game of chance. It is a serious business that requires skill and intellect. You can not register xyszdvbvc.com and hope to land in DNJournal. Not at least in this century. There’s a formula that has to be followed. Fortunately, it’s not a secret.

I became a domainer because I want to get rich. That I believe my $20 investment could turn into hundreds, if not thousands, if not millions of dollars, one day. I guess we all do.

Rick Schwartz didn’t come up with that statement while dosing off. And certainly he didn’t make it to please or disgust anyone.

“Domains have and will continue to go up in value faster than any other commodity ever known to man”.”

It’s insane but it’s happening….and it’s good for all of us.

By: Stephen Douglas

Stephen Douglas — Sun, 22 Nov 2009 13:51:34 +0000

I support Rick Schwartz on this one. I wrote a nice long reason why, but when I hit the space button, it got erased from this comment section, couldn’t get it back.

Domains are the most powerful commodity in the world for those who understand the dynamics behind their purchase, monetization methods, development, aftermarket sales, and promotion.

You don’t have to be Rick the Domain King to make good money with domains selling under $1000 each… Just listen to Rick’s advice, take it with a pinch of salt, and lower the price margin to meet your portfolio sales points. Rick started out with a lot of money in this business. He was already a successful businessman. Now he’s more successful… thanks to smart domain purchases and sales.

By: Timmy

Timmy — Sun, 22 Nov 2009 13:44:42 +0000

You can still buy domains for $200 on drops and sell them for $2000 on a regular basis.

There is NO investment you can name that matches the returns of domains.

Name one.

Disclaimer: If the world economy sinks into a depression gold, and especially silver, might just beat domains.

By: David J Castello

David J Castello — Sun, 22 Nov 2009 00:00:05 +0000

Sam:
You’re raising a good debate here, but it’s not all about people like Rick or me and my brother who got our names in 1995-1997. Every year we also hand reg names that we could easily flip in no time for 500%-1000% profit, but we hold them for long term gain/development. Even the best stock can’t do that. However, like anything else, it takes a good eye, timing and patience. And like any other investment market the best way to get burned is by jumping on a bandwagon along with everybody else. For example, I can assure you that most of the people who bought dotCm will not see a profit and many of them will eventually blame the “domain industry” for their poor choice of investment.

By: Sam Silverman

Sam Silverman — Sat, 21 Nov 2009 23:14:54 +0000

@Donny – I think what you’re really missing is how many domains generate those figures. Very few, and very few domains are fortunate enough to own those types of domains, so for those who didn’t get into domaining at the time the internet started (which is a large percentage of domainers), it’s VERY hard to to make that type of money and acquire those types of names. So other commodities could work better. I’m really just playing the devil’s advocate here.

By: jeff

jeff — Sat, 21 Nov 2009 22:16:57 +0000

wow. this does not make one bit of sense.. how many people can claim they made 12 million dollars on porno.com of free cash flow?

i think your jealous of rick and domains are assets..

but ok….

By: Donny

Donny — Sat, 21 Nov 2009 21:19:09 +0000

Sam – As somebody who knows a little bit about what domains generate a day parking. I can tell you just with us we have more than 100 that generate 5 or more figures a month. We even have domains that generate 5 figures a day.

Domains will always go up in value, it just depends on when you got in the game. Somebody had to buy computer.com at some point for $35 from Network Solutions, and we bought it for millions. So for that person basically a $35 investment returned quite a nice return.

If you started buying domains last year, then Rick’s quote many not work for you. But if you started buying domains 5-10 years ago or longer than you are probably in really good shape right now.