Domaining Then And Now... Look at the time

When I first started domaining in 03 it was because I saw the potential that a web address could have on customers, competitors, & overall ROI. At $6 a name per year, I figured even if a domain could generate .50 cents a month that at least I could cover my initial investment, and hope for a raised public awareness so the value of my domain name would surely increase.
Five years later I can honestly say that I can cover my yearly domain registration fees, as well as put a little money back into my online business plan for advertising, software, hosting fees, contracted web work, or just buying a nicer PC or laptop. Whatever the case is... I feel pretty good about my current online money situation. Hopefully you all feel the same about yours, if not you should go back and read some of my earlier post on this blog to recap or refreshen some of your Online Money101 skills.
In the mean time I will continue to post about some newer methods of online money or some other related domain name topics & headlines. Until then keep a positive attitude toward your domaining goals, and don't forget to keep searching for the domains that when nurtured properly provide extra revenue beyond yearly fees.

Best Success


OnlineMoney101.com

Geodomain Convention Set For Chicago

A convention for geodomainers is set for July 10-12th in Chicago at the City Center. The event will be a great opportunity for the Midwest community of domainers like Wisconsin, Michigan, Indiana, Minnesota, etc... to attend this event. Geodomains are city related domains, they can be as specific as MilwaukeeDodgeball.com or as general as Illinois.com
Tickets are available thru AssociatedCities.com and cost about $600 for the 3 day event. This might be a little hefty for beginner domainers, but the learning experience and potential contacts you generate could help pay for itself. If nothing else, hopefully after reading this post you looked up a few local geodomains and found one or two still available for the taking.

Best Success


OnlineMoney101.com

Online Money Flowing Into My Wallet

It has been a couple of years since I started the Online Money 101 website for the public. Since then I have dabbled in a few different areas of the Internet:

Domain Names - I now own over 250 domain names
Blogs - I currently run 3 blogs on a regular basis, this being one.
Websites - I still develop my good domains into websites, probably close to 50 of the 250 are developed for use.
Parking - I will always park my undeveloped domains for extra money.
eBay - I don't eBay like I once did, but I am anxious to teach my wife how to.
Squidoo - I still Squidoo here or there, and do have over 50 lenses up & running.
Amazon - I still love using Amazon to sell products on my websites.
ClickBank - I am sorry, I never thought the get rich quick info would sell... But damn they do!

Regardless of my choices I still have a pretty nice flow of income from many different resources. I hope after all this time you have at least ventured into a couple of these forms of Online Money. I can't tell you how nice it is to open the mail today versus a few years ago:)

Best Success


OnlineMoney101.com

Turn your domain into an IPO

Fusu has every wanna be domainer talking about the Internet "gold rush" again. This time it seems the gold lies in shares of domain names, more recently FUSU.com started offering shares of top level domains for purchase. The concept is very similar to how the stock market works: Take your domain public, in which case people purchase shares of your domain and profit at the time of sale or buy into a domain and cash out at the time of sale.
This concept of domain shareholding seems to be a great new concept for the domain industry. Hopefully I can not only make some money becoming a shareholder of Flowers.mobi but at least the residuals from the parking income that is split amongst shareholders will cheer me up while I'm waiting for my domain to go public soon. If not the ability to buy a few FUSU masterish type domains still awaits, I see someone already owns FUSUtips.com maybe domainshareholders.com is still out there...

Best Success


OnlineMoney101.com