Reoccurring revenue. Mr. Wonderful of SharkTank is best known trying to make deals that have it included. In my mind it is the key to making big money. Here is my reasoning courtesy of Captain Obvious.
- It gives you money to pay reoccurring bills so you can be riskier on your other investment
- It increases your ability to borrow or get credit. People like to see income when lending money
- Stress kills. Having money coming in takes off daily stress so you can think more clearly
Regular income is difficult in domain investing. You can build out one of your domains but that’s not really domain investing. That’s building a business. I think one of the best ways to earn monthly income is flipping on the auction houses. Its not easy but I know 4 or 5 guys that do a pretty good job making mid four figures a month flipping names by buying at various places and then flipping at Namejet auctions. The easiest is probably just keep your day job. Build a career, put in the hours, and make money in both. Its very doable. Even better, get a day job that is flexible enough to let you do a little domaining during the day.
On a side note. I’m short Tesla and hope their earnings suck. I think Elon is a brilliant man. I love their cars. But his word is no good and he lacks the ability to just do his job and not interact with trolls. He has proven what the future looks like in cars. He just hasn’t proven he can be a mass producer of those cars at that price and make money. Not without setting up tents or bringing over people used to installing solar panels and having them instal quarter panels. There are other business model problems. From delivery of vehicles to repairs. Fixing a Tesla is crazy expensive. Getting help to fix it is getting worse and worse every day. Throw a few hundred thousand more on the road and its going to be a nightmare. I think the share price of Tesla should be $225 if you took away all the hype and had a proper value. We’ll find out more tonight.
Here are today’s names. Click through to see the current price
Quote of the Day: “Nothing in this world can take the place of persistence. Talent will not: nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not: the world is full of educated derelicts. Persistence and determination alone are omnipotent.” -Calvin Coolidge
Domain of the Day: SmartHash.com People love smart names. This one is already at four figures
Namejet and Sedo Names at Auction
DentalX.com Getting some great bids. Closes today and has met reserve
BitcoinBuyer.com Met reserve at $131
Plead.com Met reserve so its going to sell. How much do you think its going for?
Texts.com This one might actually sell. GoldenEagle202020220 has swooped in with a big bid
CIIT.org Only here because its a 1990 domain
BullshitDetector.com Has 202 bids. Beep beep beep
Hose.org I like hoses. They help me keep things watered
Weather.co Met reserve so its going to sell. And it gets good traffic
VentureCapital.co Also met reserve. Under $1000
Godaddy Domains That I Like With Multiple Bids
Blerg.com 17 year old 5L getting a little bit of love
Leepy.com Since we’re talking 5Ls. Here’s another cute one
WholeShare.com 1999 birthday. A few uses from stock to crops. 28 bids
Silverweed.com Its a real plant but all the bids are because its a nice sounding brand
NoPoo.com I’m thinking dog poo or diarrhea
TopTenBest.com The whole Internet is built on cat pictures and Top Ten Best posts
Twirpy.com Might have to spell because of Twerpy but worth following
DomainAdviser.com Good name for someone in our industry. Adviser is spelled both ways is the problem
EyeMatters.com Optometry all the way
KCNM.com Good Western and Chinese letters
Dispute.net Looks like the dot net also dropped. Just a few days earlier
CaliforniaCrypto.com I think this has some value. But are they a Digitown smart state?
TraumaSurgery.com Godaddy gives this the highest value on the board today. It’s not
PainManagementClinic.com People will pay anything for pain or love
Godaddy Names With One or NO Bids
BountifulGardens.com At $12 it may be worth a gander
IJQV.com All boats float. V for value
MorningPrep.com No bids. Sounds like a good place to start your day
EverestShop.com I figure the high valuation is because the ability to sell Mt. Everest stuff
SmokingCat.com Have to admit its memorable. At $12
HighReport.com Alright alright
Big Groups of 6Ns with no zeros or fours continue to drop and get picked up
Godaddy Names With Bids
Have a name at auction and need more exposure? Send me an email. We Charge $10 per name per day. We may be able to help. If you have an auction you want to promote, email us for details.*All names chosen by us, Shane and Josh . (ie you click through and purchase a name you like) or an occasional paid listing. Everything we say is based on our own research or is opinion. Do your own due diligence. That means look it up yourself if you don’t think the stats or our opinion is correct. We hand choose the names but we are paid to make this list by both the auction houses, individuals that are auctioning names, and Godaddy affiliate links. Keep that in mind and only buy names that YOU think are good
The post Domain Shane’s Daily List of Domains at Auction for Wednesday August 1st , 2018 appeared first on DSAD.