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Rod Atkinson posted a “looking for Russian speaker” on NamePros and built a friendship with another member who helped with a domain name purchase.
Later, that friendship paid major dividends when he came across another interesting domain name.
Learn how Atkinson purchased a major insurance domain name in Russian for only $711 that turned into a $62,000 sale through an Efty for-sale landing page inquiry.
And hear how Atkinson responded to the buyer’s “strong-hand” negotiation tactics that ultimately led to the successful and very profitable sale.
Michael Cyger September 4, 2017
In real estate, the stock market or domain name investing, it’s an oft-stated business rule that you make your money on the buy, not the sell.
But how do you make sure you’re value investing like Warren Buffett in the domain name industry? What do top domain name brokers look for when buying domain names for their own personal investment portfolio?
Today’s interview answers those questions and more. Warning: this is a long show, but it’s well worth your time as there are nuggets of gold around finding generic premium domains, contacting hard-to-locate registrants, making offers and a new reverse auction sales platform that’s offering some great buying opportunities. Real buy and sell information, including pricing, is discussed.
Michael Cyger September 23, 2013
Worldwide, there are about 150 million new businesses being started up each year.
With some startups being funded to grow as quickly as possible, many are interested in purchasing killer domain names so they can create a memorable brand. Noted venture capitalist Fred Wilson of Union Square Ventures suggests to start-ups he invests in that they allocate $50,000 to buy a good domain name.
Is spending tens of thousands of dollars a smart investment for startups? That’s the question we’re going to answer on today’s show.
Michael Cyger May 20, 2013