When you have a moment, I recommend checking out a post on DNForum written by a user named “Aqua84″ who has shared a personal success story from his short time in the domain industry.
From the post:
“So after a year of registering these “Great Domains”, I thought: Why don’t I focus on my own country extension. There were only 600,000 names registered in the co.za domain space as opposed to the 95million .com’s registered. So, my registering journey began. Everyday I would register 10-20 names and continued on my registering spree for a while. Listing them on Sedo and parking them, things started to pay off.
I am getting frequent offers on my co.za names as well as confirmed sales with the lowest to date being a minimum $1200.00. Parking revenue is a constant minimum $2000.00 per month and growing. Wow, What a change in mindset and pursuing the domaining industry. I have now built up a portfolio of over 2500 domains and have become an accredited registrar of the uniforum domain space. What a great achievement in the past 18 months.”
I frequently read comments about how it’s too late to make money in the domain industry unless you are very wealthy. I think there are plenty of people who don’t have significant amounts of money for their domain name purchases, and this post shows that you can make money investing in domain names, no matter when you got your start.
I applaud this person for his diligence in learning about different areas in which to invest, and I am very appreciative of his willingness to share his story. It goes to show that if you spend time learning about buying and selling good domain names, you can still make good money, whether you want to create a living or earn extra income.