Hello, happy Monday and welcome to a very special Domaining MBA Monday. I am very happy to announce that the 3rd Edition of my book, The Domain Investing Handbook is now available. Many of my early adopters commented that this really is much more than a 3rd edition, it’s almost an entirely new book. This edition had one very important goal, to shatter many of the common myths surrounding Domain Investing and discuss the good, the bad, and the ugly.
When I wrote the first edition of my book I focused on helping people learn the basics of Domain Investing. In the Second Edition I went further to include more advanced topics. Now in the Third Edition I have gone a step further to cover creating a real business for yourself vs. becoming a self-employed Domain Investor. As I’ve said many times before, I always dreamed of having a Domain Investing business but never wanted to spend my days working in my business. I worked hard to build my business as a business so that I could pursue what I wanted to do every day which is to co-found a tech startup. Some people may love Domaining everyday and if that’s you, do it, but that was never my dream.
At the same time, in the Second Edition I thought I didn’t go far enough to warn people of all the misinformation that is out there about Domain Investing. With countless books touting that Domain Investing is an easy way to make money in your spare time I felt it was time to dispel the myths. It took me five years to build my business and get it to a point where I could walk away from the day-to-day operations. Most new Domainers want to make thousands of dollars a month starting in their first year with only a little amount of work on their part, while it can happen, in most cases it won’t.
So the Third Edition of my book has become what I hope will be a wake-up call for anyone that has looked at Domain Investing as a good way to make money quickly without investing very much time. Most people lose money their first year in the industry and many people quit before they ever turn a profit. Domain Investing can be incredibly lucrative but like most things, it takes time. The Third Edition of The Domain Investing Handbook covers many of the critical lessons I learned while building and scaling my business, the good, the bad, and the ugly.
Below is one of the comments I received from an early adopter who received the book two weeks ago:
Hello Morgan !I just finished reading your ebook, which I received 5 hours earlier, and I can tell you it’s awesome. I left nothing unread, even the Unix part and the HTML/CSS/PHP stuff (although I am a developer and know all about these things What was impressive was the honest, knowledgeable attitude that one expects from an ebook written for domainers.