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Want to Build a Side Business? Just Buy Great Domain Name

deepsouthventures.com

31–40 of 202 posts

Re: Want to Build a Side Business? Just Buy Great Domain Name

#31
For the amount of money he's spending on auctioned domains, wouldn't it make more sense to find a 'related' (eg. backyardziplines.com vs ziplines.com) name and do exactly the same thing (set up a site, contact a partner, etc) and spend the thousands of dollars on advertising?

Maybe it's just me, but google doesn't really put that much stock in the url itself, does it? A non-scammy site and some good lead ins will put you high in the search results regardless, no?

Re: Want to Build a Side Business? Just Buy Great Domain Name

#32

This is rubbish. I am (was) a serial domain buyer. Now, I guess its somewhat true that buying a domain to go with your idea can really inspire you, I have a lot of domains I let expire or still hold on to because I haven't yet or never did anything with them. I don't think its a good idea.

I think calling it rubbish is a bit extreme.

I am definitely motivated by purchasing a domain. Yes, not all ideas pan out but it gives me a good jolt to explore the underlying business and implementation.

Re: Want to Build a Side Business? Just Buy Great Domain Name

#33

This is rubbish. I am (was) a serial domain buyer. Now, I guess its somewhat true that buying a domain to go with your idea can really inspire you, I have a lot of domains I let expire or still hold on to because I haven't yet or never did anything with them. I don't think its a good idea.

[deleted]

Re: Want to Build a Side Business? Just Buy Great Domain Name

#34

This is rubbish. I am (was) a serial domain buyer. Now, I guess its somewhat true that buying a domain to go with your idea can really inspire you, I have a lot of domains I let expire or still hold on to because I haven't yet or never did anything with them. I don't think its a good idea.

[deleted]

Re: Want to Build a Side Business? Just Buy Great Domain Name

#35

I built https://www.findlectures.com entirely without having a domain; my experience has been that having a domain too early locks you too much to the concept it references.

But at the same time not having it soon enough means someone else can swoop in and keep it from you.

Domains are cheap. I buy them for $10 before discounts. If the concept changes spend another $10. You'll spend far more than that trying to negotiate it back.

Re: Want to Build a Side Business? Just Buy Great Domain Name

#36
post #7

Maybe it's just that I lack follow through, but I disagree. I have a horrible habit of buying domain names thinking that I have this great idea, I play with it for a day or two and then abandon it. Actually, in the spirit of this article, if anyone here is interested in any of these, let me know: addressauth.com -- Was going to be a physical address verification service using lob.com's postcard sending API. atomicthi…

I've found, the more I invest into a domain name, the more focused & serious I am to develop it. I tend to only buy dotCOM, as that's what the general public is most comfortable with. I've found that if you buy any gTLD, you immediately create a headwind that you're fighting against out of the gate..

I'm curious what you mean by how much you "invest". Do you mean how much you pay for it? Isn't .com $13 in most places? Or do you mean to say you spend a couple k from a broker? If it's the latter, I'd hope you're prepared to be serious and focus on developing it.

I refuse to buy domain names from speculators. I think it's one of the scummyest (legal) things you can in relation to the internet. You're buying cheap resources on the hope that someone is desperate enough to give you more money for it later. They're middle men that provide no service and add zero value to the world. They're just selfish.

Re: Want to Build a Side Business? Just Buy Great Domain Name

#37

I agree that if you think of a good domain name and it is available, then you should buy it. It's a very cheap investment. But be sure to write a super brief business plan explaining what this is for. You might forget by next year. Even if you don't end up using it, you may be pleasantly surprised (as has happened to me) that in a few years someone offers you ten or twenty thousand for it. I do not agree with the "ju…

Just to be clear, this isn't an seo play.. this is a 'build a side business' play..

And no, you're right, you don't 'just' buy the domain. I'm sorta suggesting that the domain be the inspiration for the business you create.. Maybe I shoulda said 'Start with a Great Domain name'..

Your grit and hustle will determine the success of your business, not a domain. If you have a great name, though, success is a little more in reach, I feel..

Re: Want to Build a Side Business? Just Buy Great Domain Name

#38
post #7

Maybe it's just that I lack follow through, but I disagree. I have a horrible habit of buying domain names thinking that I have this great idea, I play with it for a day or two and then abandon it. Actually, in the spirit of this article, if anyone here is interested in any of these, let me know: addressauth.com -- Was going to be a physical address verification service using lob.com's postcard sending API. atomicthi…

You probably don't want to name anything virga as it has a vulgar homophone in Spanish.

http://www.spanishdict.com/translate/verga

Though then again, if shit.foundation is a good idea then maybe it doesn't matter.

Re: Want to Build a Side Business? Just Buy Great Domain Name

#40
post #25
post #17

Earlier quoted context omitted.

> I need to come up with better ways of describing it with fewer words. How about: knock.ninja automates your building's phone-based access system. It omits some detail, but to be honest I didn't get it until I read the features anyway. Depending who you want to appeal to, I think it might be better to call it a 'smart' phone-based access system instead of 'automated'. Sounds great, by the way. Unfortunately my build…

Yeah, I think I need to get away from the term 'access system' everyone I've asked didn't get it and I think that was the main part of the confusion. I'm thinking something more along the lines of "Can your front door call you? Let the ninja get it instead. Knock.Ninja can open the door for guests and deliveries automatically in any building that uses phone-based entry request systems." That still gets too technical…

> Yeah, I think I need to get away from the term 'access system' everyone I've asked didn't get it and I think that was the main part of the confusion.

Have you looks through condo/apartment amenity listings and figured out what words they're using to describe these systems? I imagine people would probably pick up on and use those names?

I just call it a "buzzer" and explain to friends "enter the code or find me in the directory and it'll call me"

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