Categorized | Industry News

John Reese Selling Income.com via Sedo ($1,000,000)

Posted on 11 October 2010 by Andrei

John Reese has decided to say goodbye to the marketing industry in order to focus on his #1 dream: taking the Video Game/Entertainment business he is running to the next level. A brokerage agreement has been signed with Sedo and the domain will be listed at $1,000,000.

He has recently sent an email to his subscribers about this decision (source):

I recently signed a ‘brokerage’ agreement with Sedo, one of the top domain name companies in the world, and they’re in the process of selling my income.com domain. They’ve listed it at $1MM but think they can sell it for more. We’ll see. I want to use the additional capital to build the game/apps company.

So I’m spending most of my time on this little game/apps company now. As I mentioned a few weeks ago, I’m now spending only about 10% of my time on this marketing business, and I’ll probably shut it down within 6 months — all my employees are in the process of moving over to the new company and I just have less and less time to spend teaching. While I do love teaching (and of course all my great customers) I ultimately love being an entrepreneur myself. And I’ve made it no secret that I never wanted to be a ‘guru’ anyway. Just not really my cup of tea.

15 Comments For This Post

  1. Ray Says:

    Any information on John’s new business (games/apps)?

    Ray

  2. paul b. Says:

    Seems like a good move to sell it to me since he decided to try dominating another industry….

  3. turkey tourk Says:

    Thanks for this bro 🙂

  4. turkey tourk Says:

    tnx

  5. plebs Says:

    Thanks for this bro

  6. Morten Says:

    Anybody who knows how it is going with the Video Game business that John Reese is working on ?

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  15. viva travel Says:

    1MM for income.com, not a bad price…:)

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