31–38 of 38 posts
The reasoning here is a little silly; even those who pursue ideas without prototypes or validation probably don't buy up three domains every single day , so of course it's not a matter of saving forty thousand dollars. However, this does bring to mind two good points: * Consider validating an idea, or at least making a paper prototype, before spending lot of time or money chasing it. * Getting the perfect domain name…
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It warms my heart that Boeing has pricing information available, even if it's just average prices. I hate that "Call Us" where the price should be and needing to go through excruciating pitching by sales droid to get further, I'll ask them how their product is more special than a 747 next time....
Without providing an easy way to pay they are losing lots of potential customers. If they just added a simple Stripe form, their conversions would double overnight.
His numbers seem a bit off & inflated to make the point. For example - why does he have to buy 3 domains per idea he thinks up? Getting the .com alone would be sufficient until he actually does have a prototype. Similarly, why is he bound to hold on to them for 3 years a piece? A good alternative would be the "1 year rule" or buy a domain & commit to not renewing if you don't have a prototype finished by the first ye…
Yeah, my numbers were inflated, but even with your numbers the point is the same: work on your idea first and only buy its home when you're ready to launch. Thanks for reading.
The reasoning here is a little silly; even those who pursue ideas without prototypes or validation probably don't buy up three domains every single day , so of course it's not a matter of saving forty thousand dollars. However, this does bring to mind two good points: * Consider validating an idea, or at least making a paper prototype, before spending lot of time or money chasing it. * Getting the perfect domain name…
http://law.justia.com/cases/federal/district-courts/californ...
However, the case was later dismissed, so I guess they came to some other agreement after all:
http://law.justia.com/cases/federal/district-courts/californ...
No details on whether the initial owner had to give up the domain or was fairly compensated.
Earlier quoted context omitted.
Without providing an easy way to pay they are losing lots of potential customers. If they just added a simple Stripe form, their conversions would double overnight.
Fee = $360,000,000 x 0.029 + $.30 = $10,440,000.30
Contrary to popular belief, there is (in my personal experience) not much (monetary) value for domains as the registrars and the others might want you to believe. I registered some really short, cool names that were estimated by 'domain experts'/appraisals estimating some of my so called premium domains for $1000's of dollars, yet in the end, I had to pay money to domain marketplaces (like GoDaddy) to list my domain for sale, only to discover that the demand isn't just there at all. A few scammers contacted me about their domain appraisal and brokerage services and that was just it. And unless you have a really really valuable domain that has some actual traffic in it, this is not worth investing your money in.
So, I just let the domains expire one by one. At first it was kind of painful, but after two painful years and after losing $1000+ dollars, I can tell you that when you have the actual product ready, the domain will be the least of your problems.
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The best way to overcome this is to keep a running list of any business or project you think of that's even remotely worthwhile. Continually groom and sort this list. It's like how comedians and writers come up with material, a lot of them carry around a notebook. Your brain gets used to having this background thread that is coming up with ideas and seeing all your ideas laid out in writing spurs new ones.
I think the main problem (for me) is that I live in a vacuum. I work in a tech company that engineers products for engineers. I've surrounded myself with so much tech savvy people, and places that I don't have inspiration for problems I am capable of solving. My desire is to create a product for "normal people"... but i don't know what "normal people" have issues with.
The challenges that exist with developing products for "everyone else" are nothing short of daunting. For one, anything that comes with high cost and high functionality will most likely intimidate the average consumer.
Much easier to develop for those who are more savvy than your average Joe blow who doesn't wish invest the time nor money while adopting a new product. Even with all that being said, I do believe there needs to be more of push to cater to those who aren't as sophisticated.