Comments on: Why Domainers Don’t Generally Partner Up http://www.elliotsblog.com/why-domainers-wont-partner-with-you Domain blog featuring domain investing strategy, domain valuation, and domain development commentary from Elliot Silver, founder of Top Notch Domains, LLC. Thu, 09 Feb 2012 22:57:59 +0000 hourly 1 By: Jim Holleran http://www.elliotsblog.com/why-domainers-wont-partner-with-you#comment-9444 Jim Holleran Sat, 07 Mar 2009 15:32:37 +0000 http://www.elliotsblog.com/?p=1900#comment-9444 Partners get in the way. I just outsource things. I done very well in domaining and I enjoy not having to partner with anybody. No employee's, no partners, nobody to answer to, (don't tell my wife that :) Thanks, Jim Partners get in the way. I just outsource things. I done very well in domaining and I enjoy not having to partner with anybody. No employee’s, no partners, nobody to answer to,
(don’t tell my wife that :)

Thanks, Jim

]]> By: wannadevelop.com http://www.elliotsblog.com/why-domainers-wont-partner-with-you#comment-9436 wannadevelop.com Sat, 07 Mar 2009 00:14:28 +0000 http://www.elliotsblog.com/?p=1900#comment-9436 Taking a domain that has hundreds or thousands of visitors per day and making it work is pretty easy. Taking a decent generic (commercial type) name that for example consists of two words which receives only a few visitors per day from type ins per day/per week and making it work long term involves thousands of dollars in investment upfront and it will be a long and grueling process. Development is done in stages and there are still no guarantees no matter what anybody tells you. Just hopes! If you team up with experts.. You can have a bit of peace of mind. That is why you pay a premium. If you team up with newbies and/or partnerships.. You are setting yourself up for failure from more than one angle. Nobody is going to approach you one day and tell you "hey i am going to do all the work and split it 50/50" it just doesn't work. Scratch that idea. All of the best SEO and developers are busy working on their own projects. If you have a domain name and you want to develop it, you need to shop around for partnerships and do your homework. Not the other way around. All the best, Mike Taking a domain that has hundreds or thousands of visitors per day and making it work is pretty easy.

Taking a decent generic (commercial type) name that for example consists of two words which receives only a few visitors per day from type ins per day/per week and making it work long term involves thousands of dollars in investment upfront and it will be a long and grueling process.

Development is done in stages and there are still no guarantees no matter what anybody tells you. Just hopes!

If you team up with experts.. You can have a bit of peace of mind.

That is why you pay a premium.

If you team up with newbies and/or partnerships.. You are setting yourself up for failure from more than one angle.

Nobody is going to approach you one day and tell you “hey i am going to do all the work and split it 50/50″ it just doesn’t work. Scratch that idea.

All of the best SEO and developers are busy working on their own projects.

If you have a domain name and you want to develop it, you need to shop around for partnerships and do your homework. Not the other way around.

All the best,

Mike

]]> By: Elliot Silver http://www.elliotsblog.com/why-domainers-wont-partner-with-you#comment-9435 Elliot Silver Fri, 06 Mar 2009 23:30:16 +0000 http://www.elliotsblog.com/?p=1900#comment-9435 @Ryan - with the right partners, yes I agree, but it would be very difficult to turn a $100k name into a $10,000,000 enterprise, and likely a lot of venture capital. Thanks for the blog compliment... I edited out your number to avoid bots taking it :) @Ryan – with the right partners, yes I agree, but it would be very difficult to turn a $100k name into a $10,000,000 enterprise, and likely a lot of venture capital. Thanks for the blog compliment… I edited out your number to avoid bots taking it :)

]]> By: Ryan http://www.elliotsblog.com/why-domainers-wont-partner-with-you#comment-9434 Ryan Fri, 06 Mar 2009 23:26:52 +0000 http://www.elliotsblog.com/?p=1900#comment-9434 @elliot:" most domain owners who have fantastic category names don’t need the money enough to sell themselves short. They are happy to wait until the right deal comes around." Okay, I still have to disagree because if you take a name thats worth $100,000 if someone was to buy it outright but if partnered and built out with experts not newbies, experts! The name could be worth $10,000,000 and your splits 20% you now made $2,000,000 off that same name because you partnered with a company that knew what they are doing. So me im partnering. There are many ways that a deal can be set up. It all depends on the name and the people developing it. Top notch developers, SEO experts, marketing experts are expensive so a lot of times the person wanting to develop your name is bringing more money to the table than you are with a domain name. Doesn't matter how great the name is if you plan on making it big you still have to run PPC campaigns, banner campaigns, affiliate programs etc. In addition to the natural traffic that the site gets. But, you must keep in mind the bigger time the name the more money its going to cost to take it to the top period! Nothings easy:) @STEVE- In some deals a 50/50 split is except able It all depends on the people, domain, and the overall game plan. Im just stating my POV based on some big time names that I have been approached by to develop in a partnership. Hmmm iPhones.com... Also, Elliot great blog im a big fan of the blog if you ever want to shoot the shit give me a call. @elliot:” most domain owners who have fantastic category names don’t need the money enough to sell themselves short. They are happy to wait until the right deal comes around.”

Okay, I still have to disagree because if you take a name thats worth $100,000 if someone was to buy it outright but if partnered and built out with experts not newbies, experts! The name could be worth $10,000,000 and your splits 20% you now made $2,000,000 off that same name because you partnered with a company that knew what they are doing. So me im partnering.

There are many ways that a deal can be set up. It all depends on the name and the people developing it. Top notch developers, SEO experts, marketing experts are expensive so a lot of times the person wanting to develop your name is bringing more money to the table than you are with a domain name. Doesn’t matter how great the name is if you plan on making it big you still have to run PPC campaigns, banner campaigns, affiliate programs etc. In addition to the natural traffic that the site gets. But, you must keep in mind the bigger time the name the more money its going to cost to take it to the top period! Nothings easy:)

@STEVE- In some deals a 50/50 split is except able It all depends on the people, domain, and the overall game plan. Im just stating my POV based on some big time names that I have been approached by to develop in a partnership. Hmmm iPhones.com…

Also, Elliot great blog im a big fan of the blog if you ever want to shoot the shit give me a call.

]]> By: Steve http://www.elliotsblog.com/why-domainers-wont-partner-with-you#comment-9432 Steve Fri, 06 Mar 2009 21:31:24 +0000 http://www.elliotsblog.com/?p=1900#comment-9432 Julia, Thanks for the heads up on rentacoder and scriptlance. They look like great sites for those of us looking for professional assistance. I will definitely be checking out the services. Ryan, I always felt a 50/50 revenue split seems fair. As well if certain revenue targets are met an ownership position is not unreasonable. This would motivate everyone involved to produce better results. Everyone benefits. Holding a great name 100% and getting a pittance is not as good as having a great domain making huge revenues and owning even 20%. A small piece of a big pie is always better than a small pie. :) Best, Steve Julia,
Thanks for the heads up on rentacoder and scriptlance. They look like great sites for those of us looking for professional assistance. I will definitely be checking out the services.

Ryan,
I always felt a 50/50 revenue split seems fair. As well if certain revenue targets are met an ownership position is not unreasonable. This would motivate everyone involved to produce better results. Everyone benefits. Holding a great name 100% and getting a pittance is not as good as having a great domain making huge revenues and owning even 20%. A small piece of a big pie is always better than a small pie. :)
Best,
Steve

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