Earlier I wrote an article titled How to Make Money Buying and Selling Domain Names. I’d like to expand on that a little bit with an article I recently found on Forbes called Flipping For Domains. The story tells how Steven McDonald, a teenage kid from Connecticut started flipping domains in September 2007. He started with the domain qsd.com he bought for $620. He turned around and sold that name for $12,000. After that he simply repeated the process and now is over a quarter of a million dollars richer.
Am I the only one here that feels stupid?
Well, this is the kick in the pants I needed to get focused on this. I have some 89 domain names, and a bunch of them I’ve been thinking about selling. No more thinking… time to start flipping! I’ve had some success with this in the past, so I’m going to seriously consider putting a large portion of my time into this.
I’ve just listed EarthMall.com for $10,000 on Sedo.com. Anyone care to buy?
I’m going to make a complete list of places where YOU can buy domain names and try to cash in as well. Subscribe to my blog feed and stay tuned!