This book is intended to empower you to use domains to become financially independent.
Domain investing has now been around for more than 20 years. Along the way, some people have made significant sums. In that time, many things changed about the industry but the basic idea is still the same, and that is that there is a finite supply of desirable brand/domain names. At the same time, there is growing demand for organizations and individuals to secure memorable and relevant brands/domains for their organizations with the right domain extensions. This shows no sign of going away anytime, soon.
In many ways, domain investors are like prospectors, whether that is for gold, oil, diamonds or buried treasure. As such, there is inevitably some luck involved. However, there is also a great deal to be said for science and analytics when it comes choosing what to buy, and especially what not to buy. Every registration and renewal represents an opportunity cost that is why it is important to choose wisely, and with the goal in mind of either using the domain for a future project of your own, or in anticipation that someone else might agree with you that the domain you registered is one worth owning for his/her business.
The domain industry offers some of the greatest opportunities for asymmetric return that you will ever find. Domains can often be bought for $1-10 and yet sold for $100 to $100,000+. Most sales go completely unreported, especially larger transactions. As such, it is difficult to say exactly how large the domain economy and industry is. What we know is that it is large, it is growing, and it is still open to anyone to participate without requiring a special license or formal training. This is increasingly rare with other fields, which makes domain investing special.
What is also special about domain investing is that you can do it from anywhere. This is also why the current time is so remarkable as there is a large number of new domain investors from around the world who are now learning and succeeding at domain investing, earning incomes that in many cases have been life-changing in parts of the world where the cost of living is much lower than for example, in the USA or Western Europe where many of the buyers have traditionally been based.
As we look ahead, I believe we are heading into a new Golden Age for domain investing, and that the timing for new domain investors remains favorable if you know what you are doing. This book is intended to help both new and established domain investors to increase the chances of succeeding. With that, I wish you good hunting on your own personal Domain Investing journey.
Founder and CEO