Donald Trump’s recent anger at Twitter and talk of his government potentially closing various social media companies down would have a monumental ripple effect on the domain industry.
What most of the world missed, hidden in the financial crash of 2008, was that it wasn’t just regular businesses that closed because of that crisis. Right around the same time is when Facebook took off at a viral rate the world had never seen before. However, in doing so, it killed thousands upon thousands of smaller niche communities as eyeballs jumped to Facebook where you essentially could keep in touch and keep tabs on anyone you knew online.
Continue reading “Are You Ready For An Explosion In Domain Sales?”
I had a few recent discussions that involved the theoretical math behind portfolio projections and expected profits (or losses). In such situations, instead of guessing or pulling numbers out of a hat, I generally do the actual math before coming to a final conclusion.
So over the last few days when I’ve gotten tired of going through the master domain lists to produce my daily lists here at NameCult, I switch over to a growingly complex Excel spreadsheet I’ve been developing that completely pulls apart all the numbers and puts them back together to give a long term portfolio projection of when you’ll reach ONE MILLION DOLLARS based on your current buying habits and average sales.
Continue reading “Turning $10,000 into $1,000,000 in 6 Years of Domaining”