You want your own online business? Good because it’s one of the most fun things you can do with your spare time and can be very profitable.
Remember that just because it’s an online business doesn’t mean that you should treat it with any less professionalism or seriousness than you do your daytime job.
Why? Simply because when you run an online business it’s a serious business. Well it should be taken seriously if you want to make serious money.
A domain name can be a very valuable asset for your online business. When promoted regularly, it can become a powerful brand that helps to boost sales. Visitors learn to trust a domain name given enough time. The goodwill generated by a sound domain name can be worth a lot of money. There are several ways you can make money from names.
Buying a domain.
In order to make money with domains, you need to be the owner of some names. The first thing you need to know is how to buy a domain. Any name that is not registered can be acquired for about $10 per year, depending on the registrar that you use. The most valuable domain names are short and easy to remember. Top level names that end with the dot com extension also tend to be more popular. When you start selling off the names, you find that dot coms are always easier to sell. Perhaps this is due to perceived value.
Don’t be a cowboy-pirate.
OK, here’s the thing.
I had a friend once who was, shall we say, a little impressionable.
He was a great guy.