Posted on 02 May 2013 by Andrei
If you would have asked me what I thought about consultants several years ago, I would have told you they’re just people in fancy suits who overcharge. These days, my opinion is completely different.
As a business owner, you have to understand that you don’t know everything.
Posted on 26 April 2013 by Andrei
… because, sometimes, reality tends to suck. But as a domainer or let’s say as an investor in general, you’ll lose your shirt if you aren’t able to be brutally realistic.
Yes, brutally.
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Posted on 25 April 2013 by Andrei
Think about it. In case you didn’t know, all domain registrars pay $7.85 to Verisign for each .com registration. That’s the wholesale cost of a dot com domain.
Now take a look around and you’ll see that pretty much all major registrars offer dot coms at less than $7.85 if you use a coupon. So they’re losing money on each dot com. Even more so, companies like GoDaddy frequently offer domains at prices like $0.99 and as you saw yesterday, even Network Solutions is doing it.
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Posted on 19 April 2013 by Andrei
Sometimes, bidding using the minimum increments makes sense but personally, whenever I truly *want* a domain, I don’t mind bidding aggressively.
What does “bidding aggressively” mean?
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Posted on 17 April 2013 by Andrei
Domains are an investment, gold is not.
Ok, then what is gold? Some people say gold is money, I disagree. Gold *was* money, now it’s I’d say a store of value end there’s nothing wrong with that.
Posted on 13 April 2013 by Andrei
Sometimes, one of the domains you should have bought but didn’t ends up selling for a pretty penny and you regret not buying it.
Sometimes, you miss opportunities to multiply your money by a factor of 500 (for example, by buying Bitcoins at $0.05 and selling at $250) or 50 (for example, by buying AAPL at $10 and selling at $500).
… and so on.
It happens.
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Posted on 11 April 2013 by Andrei
Some people think that during a domain negotiation, you have to be “tough” in a “no soup for you!” manner for lack of a better word. I disagree.
I’m not saying it can’t work, I’m just saying it isn’t the optimal approach for several reasons. Most of them are obvious, so let me just say this: during a negotiation, I treat the other party the same way I’d like to be treated if I were in the same position.
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Posted on 08 April 2013 by Andrei
What do contrarians do? They’re willing to buy when everyone’s selling and sell when everyone’s buying. In other words, they don’t blindly follow the herd. The most profitable investments are always those made when everyone questions your judgement.
They’re also the riskiest. Go figure 🙂
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Posted on 30 March 2013 by Andrei
Who here can change nameservers and then install WordPress?
Who can transfer a domain from Registrar A to Registrar B?
I’m pretty sure everyone who’s reading this blog post can do it.
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Posted on 28 March 2013 by Andrei
In my opinion yes, you should.
There’s a lot of money on the table and as a person who is involved in the domaining industry in one way or another, it would be a huge mistake to just stand there while history is being written.
Will one of the new gTLDs surpass dot com as the #1 extension? Of course not.
A new gTLD doesn’t *have* to surpass dot com in order to be successful.
Again, Internet history is being written and since you’re involved in the industry anyway, it makes sense to go after a piece of the action.
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