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Domaining For Profits With Kenny Goodman
Posted by James in Domaining, How To, Interview, Lifestyle
Attending Ed Dales β30DC Coming Homeβ seminar in Melbourne was a very good idea. One of the main reasons I traveled down there was to learn about the art of domaining from world class domain names expert and owner of DomainFace, Kenny Goodman (pictured). I had a hunch this business strategy could have potential and a few months later I can report that it certainly does. Domain buying is my new and exciting business venture.
Great Contacts
Ed Dale (who is a genius web business flipper) invited Kenny as an expert, therefore you cannot get a higher endorsement. The presentation on registering domain names was outstanding. Kenny and I got a chance to catch up and trade resources. Since then he visited Sydney and we have spoken most weeks. Members of my own coaching community were fortunate to attend a private webinar on the subject of domains. It is fair to say that my education on the subject of domaining leaped forward with great speed!
Domains are where it is at!
My business has zero debt and runs cashflow positive. Since my lifestyle situation is sorted, the natural thing to do is to divert some of the profit into investments. What better place to focus some of my resources than into a developmental domains market where I can apply my Internet Marketing knowledge and my business skills.
Passive Cashflow and Asset building
The great things I like about domains are:
- You can buy domains and develop them into passive cashflow machines (zero customer service)
- You can get started with very little capital (from as low as $8 or $9)
- With strategic trading you can buy low and sell high for instant profit taking or a long term play
- Domains are highly liquid and can be sold individually or in bulk to the right buyer
- They will most likely increase in value when the economy becomes buoyant
- All of the Internet Marketing techniques we know can accelerate the profits fast
- Domains are brand-able to the point where you can build a business around them
- With the right tools you can access opportunities and have a market advantage
- There is nowhere near the level of competition as there is in shares or real estate
- You can do this all in relative privacy and from home ;D
Warning: Domain Addiction
I buy domains every single day and my outsource team develops them into valuable assets under my guidance. Now that Kenny has put me onto the very best places to buy domains, sell domains and monetize them I am really enjoying the passive nature of this business and the wealth creation benefits.
Find out more about Domaining
Kenny will be coming to FastWebFormula in Sydney in September (details coming soon).Β If you are a member of SuperFastResults you can watch the same webinar that started me off here.
FREE Interview
Kenny Goodman just interviewed me and posted it on his blog. When you listen to the interview you will discover how I started in Internet Marketing including how I quit my job, some of the domaining strategies I am utilizing and also the direction I believe domaining will take. Kenny also throws plenty of tips in there for the budding domainer.
Head over to Kennyβs blog , download the interview and please make a comment:
Tags: 30dc, buy a domain name, domain names, domainface, Domaining, ed dale, kenny goodman, registering domain names
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