>>tomakemoney

To make money you have to have money.

not really, the US is full of people who succeeded through creativity and determination. but yeah, it helps to have money to make money. an object in motion tends to stay in motion.

Originally posted by draqon
not really, the US is full of people who succeeded through creativity and determination. but yeah, it helps to have money to make money. an object in motion tends to stay in motion.

We're talking about domain names here...and a person who cant afford to pay to attend a forum. What are the odds he succeeds in this business with no money?

Is it safe to say he has a better chance to win his states super lotto jackpot?

yes, thats a safe assumption.

Originally posted by Chad
We're talking about domain names here...and a person who cant afford to pay to attend a forum. What are the odds he succeeds in this business with no money?

I'd give that person better odds than someone coming in with alot of money.

Originally posted by snoopy
I'd give that person better odds than someone coming in with alot of money.

Focus, focus, focus.

namepros.com
flooded with newbies, but soon to becomme or already is the largest forum on domains

I had to take a quick look, and you certainly have to admire Jeff, the mod in trying to keep a sense of order and sanity over there. I reckon he must be exhausted by the end of the day

Originally posted by snoopy
I'd give that person better odds than someone coming in with alot of money.

The person with no money would have a better chance at success than the person coming in with money? I know you cant mean that.

Originally posted by Chad
The person with no money would have a better chance at success than the person coming in with money? I know you cant mean that.

Depends on the motivation and methods by which they and cure their ignorance. Little money to lose makes it a bit more precious than having lots you don't have to worry about and the vultures help relieve you of.

Can any one direct me to some other cool domain forums?

Cheeky.

Domain State is the place to be.

Originally posted by snoopy
I'd give that person better odds than someone coming in with alot of money.

depends what you mean by that. ROI ? or overall portfolio?recognition ? total traffic ? total earnings ?

if for example a guy has 10 million to spend and bought up things like game.com, cheats.com , free.com etc instant domain celbrity.


how could someone with $50 compete ?

unless it was roi and the guy spending 10 million has to wait 30 years to recoup, wheas the guy spending $50 makes a 300% profit in a month. now he has $200 to spend. still not very successful, in the overal scheme of things.

Originally posted by Chad
The person with no money would have a better chance at success than the person coming in with money? I know you cant mean that.

Absolutely, both the guy with alot of money and the guy with no money are going to have little knowledge and make alot of mistakes since they are new to the industry. The people coming in with lots of money often seem to blow huge amounts on new reges and/or overpay for domains on the aftermarket. The guy with very little money is likely to waste money as well though his losses will be somewhat limited by his own meager resources and there will be a strong incentive to be get profitable very early.

I think most of the successful person in domains (in terms of people who are clearly making a good profit from their acquisitions) started out with not much money.

I would agree 3 years ago but trying to start nowadays with no money and be succesful isnt as easy...its possible but there's just not enough room for many to succeed without the big bucks...and not much room for those with big bucks to succeed either w/o buying out someone who is already successful.

I don't think it is any harder myself, the quality of names a new person can expect to get for little money has gone right down but traffic values, resale potential and available information on domains has increased greatly from 3 years ago.

the quality of names a new person can expect to get for little money has gone right down but traffic values, resale potential and available information on domains has increased greatly from 3 years ago.

what good does that do them if they can't afford the names with better known metrics?