Comments on: Rick Speaks and You Should Listen http://www.thedomains.com/2008/06/05/rick-speaks-and-you-should-listen/ Sun, 14 Mar 2010 17:32:45 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: admin http://www.thedomains.com/2008/06/05/rick-speaks-and-you-should-listen/comment-page-1/#comment-5572 admin Sat, 07 Jun 2008 21:40:36 +0000 http://www.thedomains.com/?p=654#comment-5572 Koz Your comments about buying interests in domains is along the lines of what FUSU.com is trying to do, to some extend, but again there are security law issues involved in "selling off shares of a domain or even a company that owns a domain and desires to develop it. If you missed that post here is a link: http://www.thedomains.com/2008/05/12/selling-buying…om-is-it-legalselling-buying-domain-interests-on-fusucom-is-it-legal As far as Domains go I consider them also more like commodities. That is why I report on sales of other commodities or collectibles. We blogged about this a few months ago, you can check that one out here: http://www.thedomains.com/2007/12/08/domains-are-cheapdomains-are-cheap As far as buying or developing domains there is no one answer for everyone. There are so many ways of participating in the industry. If you have a concept and a vision and it works for you then you found your answer. Koz

Your comments about buying interests in domains is along the lines of what FUSU.com is trying to do, to some extend, but again there are security law issues involved in “selling off shares of a domain or even a company that owns a domain and desires to develop it.

If you missed that post here is a link:

http://www.thedomains.com/2008/05/12/selling-buying…om-is-it-legalselling-buying-domain-interests-on-fusucom-is-it-legal

As far as Domains go I consider them also more like commodities. That is why I report on sales of other commodities or collectibles.

We blogged about this a few months ago, you can check that one out here:

http://www.thedomains.com/2007/12/08/domains-are-cheapdomains-are-cheap

As far as buying or developing domains there is no one answer for everyone.

There are so many ways of participating in the industry. If you have a concept and a vision and it works for you then you found your answer.

]]> By: Scott Kozlowski ("Koz") http://www.thedomains.com/2008/06/05/rick-speaks-and-you-should-listen/comment-page-1/#comment-5566 Scott Kozlowski ("Koz") Sat, 07 Jun 2008 17:13:37 +0000 http://www.thedomains.com/?p=654#comment-5566 Mike and Rick, I've been actively involved with domains for less than 1 year now, but I saw the opportunity in the year 2000....I didn't get it, completely, though! I bought a few names back then and then I dropped out as I erroneously thought all the valuable names were gone. I'm another South Florida (Coral Springs)guy, but I guess I wasn't drinking the same well water as you guys! Well, this is my "coming out" ! Time to speak and feel like I'm part of this community. I see what you guys see and I now "get it". Rick you've validated what I've been thinking. That there are many more opportunities today, but domainers have to evolve and adapt as the oppurtunities present themselves. They may be only slightly different opportunities than in the past or they may be wholly different. Going against established norms will always create controversy. You can't listen to the noise. What matters is that you see it, believe it and jump on it with all you've got with singular devotion. I've been reading with great interest in the GeoDomain debate that's recently unfolded. Sahar recently said "Domaining is the art/skills of investing in domains where domains act as commodities". I keep seeing people choosing sides. Investing in domains or developing domains. The inevitable comparison is to stock investing. This isn't a accurate comparison. What domainers fail to see is that domain investing is nothing like stock investing. With stocks you're investing in a share(partial ownership) of an operating company. You're betting that management of the co. will grow sales and profits faster than the general economy. Domain investing is buying a domain outright with NO operating entity. With this logic domaining would be better if compared the the Costello brothers (Hi guys) selling off shares in one of their operational domains like PalmSprings.com and you invested in these domain shares. You would be betting on the Costello management team growing the underlying value of the domain co. which would increase the value of your shares. Might this be the future of domaining? You guys don't ever need to sell a domain and it's related operating website. You could unlock the value you've built up by selling off domain shares. One domainer could buy one domain name develop it into a operating website/company. Sell off some shares to raise capital to move onto the next domain. Repeat! Koz Koz Mike and Rick,
I’ve been actively involved with domains for less than 1 year now, but I saw the opportunity in the year 2000….I didn’t get it, completely, though! I bought a few names back then and then I dropped out as I erroneously thought all the valuable names were gone. I’m another South Florida (Coral Springs)guy, but I guess I wasn’t drinking the same well water as you guys!
Well, this is my “coming out” ! Time to speak and feel like I’m part of this community. I see what you guys see and I now “get it”. Rick you’ve validated what I’ve been thinking. That there are many more opportunities today, but domainers have to evolve and adapt as the oppurtunities present themselves. They may be only slightly different opportunities than in the past or they may be wholly different. Going against established norms will always create controversy. You can’t listen to the noise. What matters is that you see it, believe it and jump on it with all you’ve got with singular devotion.
I’ve been reading with great interest in the GeoDomain debate that’s recently unfolded. Sahar recently said “Domaining is the art/skills of investing in domains where domains act as commodities”. I keep seeing people choosing sides. Investing in domains or developing domains. The inevitable comparison is to stock investing. This isn’t a accurate comparison. What domainers fail to see is that domain investing is nothing like stock investing. With stocks you’re investing in a share(partial ownership) of an operating company. You’re betting that management of the co. will grow sales and profits faster than the general economy. Domain investing is buying a domain outright with NO operating entity. With this logic domaining would be better if compared the the Costello brothers (Hi guys) selling off shares in one of their operational domains like PalmSprings.com and you invested in these domain shares. You would be betting on the Costello management team growing the underlying value of the domain co. which would increase the value of your shares.
Might this be the future of domaining? You guys don’t ever need to sell a domain and it’s related operating website. You could unlock the value you’ve built up by selling off domain shares.
One domainer could buy one domain name develop it into a operating website/company. Sell off some shares to raise capital to move onto the next domain. Repeat!

Koz

Koz

]]> By: Damir http://www.thedomains.com/2008/06/05/rick-speaks-and-you-should-listen/comment-page-1/#comment-5540 Damir Fri, 06 Jun 2008 17:57:29 +0000 http://www.thedomains.com/?p=654#comment-5540 Great post. One persons loss in the materialistic world is another persons fortune. Great post.

One persons loss in the materialistic world is another persons fortune.

]]> By: Rick Schwartz http://www.thedomains.com/2008/06/05/rick-speaks-and-you-should-listen/comment-page-1/#comment-5534 Rick Schwartz Fri, 06 Jun 2008 10:38:47 +0000 http://www.thedomains.com/?p=654#comment-5534 And I was worried you would be upset as I got a bit long winded. lol Funny how the people that "Get it" are the ones that "get it" at every stage of life as well as every circumstance of life. Lonnie has it right. But when you tell that to folks just coming up all you hear is stuff like "Prove it." Funny thing, just like they miss opportunity when it passes right in front of them, they can't even see the proof when it is right in front of their eyes. And I was worried you would be upset as I got a bit long winded. lol

Funny how the people that “Get it” are the ones that “get it” at every stage of life as well as every circumstance of life. Lonnie has it right. But when you tell that to folks just coming up all you hear is stuff like “Prove it.” Funny thing, just like they miss opportunity when it passes right in front of them, they can’t even see the proof when it is right in front of their eyes.

]]> By: admin http://www.thedomains.com/2008/06/05/rick-speaks-and-you-should-listen/comment-page-1/#comment-5532 admin Fri, 06 Jun 2008 04:15:40 +0000 http://www.thedomains.com/?p=654#comment-5532 Lonnie Exactly Those guys are brilliant and would be successful at whatever they do, whenever they did it Lonnie

Exactly

Those guys are brilliant and would be successful at whatever they do, whenever they did it

]]> By: Lonnie Borck http://www.thedomains.com/2008/06/05/rick-speaks-and-you-should-listen/comment-page-1/#comment-5531 Lonnie Borck Fri, 06 Jun 2008 04:07:59 +0000 http://www.thedomains.com/?p=654#comment-5531 Rick couldn't be more right. If Rick, Frank, Kevin or the Castellos were starting in this business today for the first time, I have no doubt that they'd be at the top of it in two years or less. It’s all about motivation, hard work and passion. If you have these things in life, you will succeed in whatever you do. Rick couldn’t be more right. If Rick, Frank, Kevin or the Castellos were starting in this business today for the first time, I have no doubt that they’d be at the top of it in two years or less. It’s all about motivation, hard work and passion. If you have these things in life, you will succeed in whatever you do.

]]> By: E http://www.thedomains.com/2008/06/05/rick-speaks-and-you-should-listen/comment-page-1/#comment-5530 E Fri, 06 Jun 2008 01:03:26 +0000 http://www.thedomains.com/?p=654#comment-5530 Rick needs to start blogging again! (you too Franky) Rick needs to start blogging again! (you too Franky)

]]> By: Tony Lam, DMD http://www.thedomains.com/2008/06/05/rick-speaks-and-you-should-listen/comment-page-1/#comment-5528 Tony Lam, DMD Fri, 06 Jun 2008 00:14:00 +0000 http://www.thedomains.com/?p=654#comment-5528 Rick, Thank you for your time and insight. Your voice is very much missed in the blogging community. Rick,

Thank you for your time and insight. Your voice is very much missed in the blogging community.

]]> By: Kelly Lieberman http://www.thedomains.com/2008/06/05/rick-speaks-and-you-should-listen/comment-page-1/#comment-5527 Kelly Lieberman Fri, 06 Jun 2008 00:08:28 +0000 http://www.thedomains.com/?p=654#comment-5527 "How to be Creative" on GapingVoid.com is another very inspirational post about finding your Everest and climbing it. Reading the archives on many of the great domaining blogs you can't help but feel positive about the future. So many people against all odds "making it"! Times may seem tough, but there are still silver linings everywhere. http://www.gapingvoid.com/Moveable_Type/archives/000932.html “How to be Creative” on GapingVoid.com is
another very inspirational post about finding your Everest and climbing it.
Reading the archives on many of the great domaining blogs you can’t help but feel positive about the future. So many people against all odds “making it”! Times may seem tough, but there are still silver linings everywhere.

http://www.gapingvoid.com/Moveable_Type/archives/000932.html

]]> By: David J Castello http://www.thedomains.com/2008/06/05/rick-speaks-and-you-should-listen/comment-page-1/#comment-5526 David J Castello Thu, 05 Jun 2008 23:42:03 +0000 http://www.thedomains.com/?p=654#comment-5526 Rick is right on the money. Rick is right on the money.

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