Does anyone care about .FM?

As many of you know – I’m a big fan of ccTLD’s and in general like to consider myself TLD-agnostic. I started investing in ccTLD domains about three years ago and am proud to say that over 50% of my current portfolio consists of ccTLD’s. One of the best bets I made was on .us – as I saw early-on some great SEO potential in these domains. Now my .us domains are a large component of my monthly domain income.

I also bought-into .co.in early-on and continue to build-up my Indian domain portfolio. As India continues to grow as a major economic force in the global economy I think these domains will be *very* valuable. With an entire conference dedicated to ccTLD’s I strongly believe we are at a point in time where everyone can get-in early!

Three years ago everyone was complaining that there were no more good domains left. I ignored this rhetoric and built-up my portfolio without focusing on .com’s, now I have a portfolio of revenue-producing domains and use that revenue to continually grow my portfolio. Even though three years have passed I still think there is an incredible opportunity in the market.

So what am I looking at next? .FM! Call me crazy – no really, feel free to write in a comment to this post and call me crazy!

Here are some examples of major .FM brands:

So I’ve officially gone FM – I’m not ready to announce my acquisitions quite yet but I will tell you that I am targeting specific domains and not going on any random buying spree. In the end I plan to own about ten .FM domains in total.

I’ll dispell the compaint about price right-away because I am sick of hearing this – you can register these for $56 by using a coupon code with GoDaddy. On each domain I am going to launch a premium brand and grow it over the course of the next 1-2 years. I plan to make at least 10x on my initial investment on each (and most likely more) so, yes, I am willing to pay the premium to make money in the long run, I’ve always been willing to do this and anyone that owns their own business knows that it takes money to make money.

So let me hear what you think? Are you afraid of .FM or ready to take the plunge? Think I’m making an investment or being foolish? I am always wearing my Investor hat here and as any investor knows – you have to take some risks to make big returns. I am making what I consider to be small, calculated risks. I know many stock investors that put tens of thousands of dollars in stocks they think might hit it big – I, on the other hand, know I can make money with these and I’ll bet you can too!

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{ 16 comments… add one }

  • David Rosenbaum June 5, 2009, 6:28 pm

    Hi Crazy-

    I recently heard about ping.fm and happen to think it’s a very cool site. As the former head of sales for The .TV Corp (circa 1999), I have always believed in ccTLD’s. When I worry about the future of domains, I don’t differentiate between .com and other top level domains, I worry about the overall importance or unimportance.
    This is what keeps me up at night; with the eventual eclipsing of the home-based PC by the hand-held device, will people be accessing information via an icon (think apps) versus typing in a domain?

    Reply
  • Tia Wood June 5, 2009, 7:13 pm

    Yes, I like .fm

    Blip.fm and WebmasterRadio.fm; two established and developed sites. Enough said. 🙂

    Reply
  • Chef Patrick June 5, 2009, 8:48 pm

    I too like dot FM. I was trying to purchase Domaining.fm to start an industry radio show but the owner did not want to sell. At least he didn’t want to sell what I was willing to pay 🙂

    That’s ok…dot radio is coming, we’ll see what happens.

    Reply
  • Rob Sequin June 6, 2009, 4:48 am

    I have one .fm, Cuba.fm and have hooked up with a guy that offers music programming code.

    If you don’t mind the link, have a look at http://Cuba.fm

    The Cuban music will auto play.

    Reply
  • Chris Robbins June 6, 2009, 6:44 am

    I like .fm and own guitars.fm but forget about it if you are looking to buy and sell. They have a pain in the ass process that is expensive to boot in order to transfer a dotfm. I think it’s something like a $90 fee and this is on top of how expensive the reg fee is. I got lucky as I won guitars.fm for 5 years in a twitter contest that dotfm was running. You’re better off getting a .tv and hoping the island doesn’t sink.

    Reply
  • donald somers June 6, 2009, 10:21 am

    DOT FM is one of the best ccTLD’s….PERIOD!!!

    Reply
  • Victor Paez June 6, 2009, 11:00 am

    Great article on DOT FM. I too think DOT FM is a great extension. I own a few myself.

    http://www.robert.fm
    http://www.financing.fm
    http://www.photography.fm

    and many others……

    Reply
  • Kendall June 6, 2009, 1:26 pm

    I recently acquired Ladies.Fm. I’m sure that the dot fm extension has a huge potential

    Reply
  • Victor Paez June 8, 2009, 7:56 am

    I am wondering why they (DOT FM) did not participate in The Amsterdam auctions?

    Where can one sell their DOT FM domains?

    I really believe this ccTLD is better than many other ccTLD’s.

    Reply
  • Victor Paez June 9, 2009, 7:56 am

    How about these other auctions this year?

    I would think DOT FM will hold it’s own.

    Reply
  • Alex June 9, 2009, 11:03 pm

    Morgan,

    What do you think of the .TEL market? Will it hit mainstream? Is it worth investing into?

    Also you should add a ‘Subscribe to Comments’ plugin so we can track replies and that kind of thing.

    Reply
  • Victor Paez June 11, 2009, 9:22 am

    I still think DOT FM is better than DOT TV.

    What do you’ll think?

    Reply
  • John Marks December 29, 2009, 1:23 am

    I don’t think is good.
    The best new extension is .tel
    It’s cheap and easy to operate.
    Anybody can have his/hers presence on the internet in minutes and for only less than $15

    Reply
  • Frank Michlick January 19, 2010, 2:46 pm

    I like .FM because it matches my initials 😉 I use a single-letter .FM domain for me (dormant) personal blog and email.

    Reply
    • Morgan January 19, 2010, 3:03 pm

      Haha – that is funny @Frank – you are lucky!

      Reply
  • Ron March 2, 2013, 10:36 am

    Another dot FM station I listen to all the time is http://www.MercenaryGeologist.FM

    Excellent station on the resource mining industry.

    Reply

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