d out the last three-letter .info domains. Just 48 hours later he came back and wiped out the entire remaining stock of three-letter .biz domains in one day (approx. 4,600 domains). If you feel like this is your style, several hundred domains will get you into
the door, but you will need several thousand to have a seat at the table.
Other domain name players take on a very different game. They treat each domain name as a precious jewel and need only a handful of top-notch domains in their vault to fulfill their appetite. Their goal is to develop each domain into a money-generating cow from scratch. This approach requires just a couple domains that could cost anywhere from just a few thousand dollars up to anywhere close to the million bench-mark (depending on how huge the vision is). Chris Chena, a whiz kid from Paraguay took on this strategy after failing a few times in domain name investments. He went after the finest Spanish domains such as Juegos.com (games in Spanish) and Viajes.com (travel). After successfully developing them, he maintains gold streams of hundreds of thousands dollars in monthly revenues which more than paid for themselves a few times over.
So, lesson learned from the big guns. Become skilled at sustaining a revenue stream from your domain name investments. And when you are ready to grow up, mass register hundreds or even thousands domains, or buy off a few exclusive broad-market domains. Make a goal, and enjoy the game.
To determine a better idea of how much your domain name is worth check out the
planswork.com/articles/appraisal_tool.asp Live Human-Driven Appraisal Tool.
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