DomainSherpa interviews successful domain name investors and entrepreneurs – people we call Sherpas – who share their strategies and tactics to help you be more successful. Hosted by Michael Cyger.
There. I said it.
If you’re like most of us, when you identify a potential domain name buyer or seller, you might reach out a handful of times. But after hearing “no” once or twice, you move on.
Broker Joe Uddeme, however, knows that success requires on average eight to 10 contacts per buyer or seller. In fact, one of his sales took 120 contacts to close the deal. If you’re making only a few contacts, chances are you’re quitting too soon.
Judging by the $10 million Uddeme did in deals last year, persistence pays off.
Learn what Uddeme does to close sales, how he does it, how often he does it, and how you can do it too. Plus, there’s a ton of inspiration in this show that you don’t want to miss.
August 31, 2015
Rob Rawson is no newcomer to owning premium domain names. He’s owned plenty, such as Athlete.com, Tasks.com and Faster.com.
So when he had the opportunity to upgrade his international staffing and jobs board from MyStaff.com to Staff.com for a price of around $400,000, he took the chance.
Hear how Rawson built his technology, named his company, thinks about the investment, and selected the best domain name based on a unique, four-step process that you can reproduce for your next venture.
August 17, 2015
Flippa just updated their DomainSherpa sponsorship to include some exclusive deals from Estibot, Domaining.com and NamePros, and it’s easy to receive them.
August 1, 2015
An investment in numeric or acronym domain names a year ago likely would have doubled or tripled your money today.
And these types of domain names are considered “liquid,” meaning they can be converted into cash quickly with a generally-accepted floor value.
Why are these types of domains so hot, and how close is the “investing bubble” to bursting? You’ll find out on today’s show.
July 20, 2015
Put together a great team, build a world-class product, and your company can be successful even with a bad domain.
That’s what today’s entrepreneur and business leader learned when he and his co-founders started their SaaS project management business on the TeamworkPM.net domain name.
However, years later – with profits in the bank – they decided that the authority and trust afforded by a premium domain name was what they needed to take their business to the next level.
So they took a leap of faith and spent nearly all of their savings – $675,000 – to purchase the Teamwork.com domain name, which they believe has made all the difference in growing their business.
Learn how they negotiated the purchase – over the course of years – from an initial price tag of $20 million, how long it took to recoup their investment, and the growth rate they experienced after starting to use their new Teamwork.com domain name.
July 6, 2015
On this Profitable Flips show, we talk to past Sherpa Ali Zandi, who only entered the industry in mid-2014 and continues to make big sales.
In the two weeks leading up to this show, Zandi sold 8 domains within 60 days of acquiring them — grossing more than $165,000, with a profit of more than $58,000.
June 22, 2015
If you’re a startup entrepreneur wondering how a category-defining domain name can help your business grow, you need to watch this show with David Ciccerelli, co-founder and CEO of Voices.com.
In this show, Ciccerelli relates how he purchased Voices.com for only $5,000 cash up-front (using a credit card advance), and how the domain was instrumental in building the $15 million business that exists today – so you can see that even without extensive resources, a deal is possible for a great brand and domain name.
He also discusses one of the most important benefits of an exact-match domain – instant credibility with customers and media companies – as well as provides some fantastic candid business advice.
It’s a must-watch show for entrepreneurs.
June 8, 2015
DNSeattle.com, a networking and educational event that takes place in Seattle annually, answered this question on May 28, 2015:
What is the investment market for new gTLDs, and how can individual or institutional investors take advantage of it?
The Sherpa panel included: Dan Schindler, Rob Monster and Jebidiah Burnett.
June 1, 2015
This tutorial takes you step-by-step through the Escrow.com domain name escrow service. You will walk away with an understanding of how the service works and every aspect of the transaction it monitors.
Also covered are the five areas of an escrow that you need to understand to avoid making a costly mistake
May 11, 2015
In the DomainSherpa series Profitable Flips, skilled domain name investors share all the details of how they bought low and sold high turning a profit of at least five figures.
This is the story of BuyShares.com and how Kevin Macpherson sold the domain name for $15,900 and turned a $2,444 purchase into a $13,456 profit in less than six months.
May 4, 2015