Let’s try a little domain flipping competition with the help of Domain Smoke

Domain Flipping Competition

There’s a new domain investing newsletter in town called Domain Smoke, if you haven’t heard of them, you should check them out. So many domain investors have been talking about the newsletter I decided to check it out and at the same time I thought, why not run a fun little competition while we’re at it.

When friends of mine first hear that I invest in domain names they usually ask, “is that really a thing?” and then as they hear more say something like, “well it’s probably too late for me to get started.” And I honestly usually tell my friends that it’s a pretty big time commitment and they’re probably going to lose money, so stay away. More names for the rest of us right 🙂

But in all seriousness, I don’t think domain investing is for everyone. It requires taking serious financial risk and in many cases, losing quite a bit of money to learn some painful (but valuable) lessons. When I started in the industry I think I lost something in the $25,000 range before I started to make some money. Today, I’m investing only with profits and like so many other domain investors, domains have changed my life.

What most people don’t realize is that there are great buying opportunities every single day, and I think Domain Smoke does a great job of highlighting some really solid options. So I thought, why not run a little friendly domain flipping competition? I can’t remember a competition like this being run in the past so I don’t really have much to base it on, but here’s the plan:

🚀 Domain Flipping Competition 🚀

Start date: August 1st, 2020
Duration: 3 months
Investment cap: $500

The winner of the competition will be the person who is able to generate the largest profit from their investments. You need to have purchased domains listed in the Domain Smoke newsletter between August 1st and October 30th. That being said, since you’re probably not going to flip a domain in a day, chances are you’ll be buying names mostly in August and September, or at least that’s my plan.

There are a lot of different strategies that could be used in this competition and I think it will be fun to all share what we did, what worked and what didn’t when it ends.

As for a prize, you get the glory of knowing you won what might just be the first domain flipping competition in history. If you know of another let me know and if you know of two more, let me know that! I don’t want to claim to be the first only to find out I’m the 52nd…but if that is the case then you’ll get the glory of being the 53rd winner of a domain flipping competition 🤷‍♂️

I decided to start the competition in two weeks so there’s time for people to ask questions and to finalize participants. If you want to participate, shoot me an email – ml(at)hey.com, and I’ll add you to the list.

Note: this is not sponsored by Domain Smoke, in fact, they have no idea I’m doing this…well now they do, but just because they’re reading this post!

{ 5 comments… add one }

  • Dennis Tinerino July 15, 2020, 10:39 am

    Morgan Linton is one my favorite writers and leaders in our industry. I can’t say there is anyone else who is so consistent and thoughtful in their daily writing. I’m so honored that he took the time to and has decided to write about me here and share the success of my newsletter. Finding out about this challenge as a complete surprise and not even knowing it was going to happen literally blew me away this morning. Morgan surely has a heart of gold and makes domaining a better place in supporting and highlighting good things when he sees them.

    Morgan, please accept my sincerest gratitude for this kind hearted gesture. I know many of my readers and fellow domain investors will be up for this challenge and it will be a lot of fun for everyone. You truly made my day and will make the days of many others who participate in this challenge.

    Looking forward to many good things to come from uniting our awesome readers together in the competition.

    P.S. join below to make sure you’re subscribed to participate in the competition:
    https://www.domainsmoke.com/join-newsletter  

    Reply
    • Dennis Tinerino July 15, 2020, 4:45 pm

      Thank you to everyone that reached out regarding the newsletter join link I shared above. Please accept my apologies, it looks like the link I mentioned isn’t linking correctly. Please go directly to DomainSmoke.com and click “Subscribe Now” at the top of the page on mobile or desktop 🙂

      Thank you!

      Reply
  • Empire Names July 15, 2020, 12:43 pm

    i will give winner of this contest $500 .
    and will participate as well..
    its not about price but its about how much you love this passion.
    Thanks Morgan.

    Reply
    • Dennis Tinerino July 15, 2020, 4:44 pm

      Thank you to everyone that reached out regarding the newsletter join link I shared above. Please accept my apologies, it looks like the link I mentioned isn’t linking correctly. Please go directly to DomainSmoke.com and click “Subscribe Now” at the top of the page on mobile or desktop 🙂

      Thank you!

      Reply
  • Hitesh Wadhwa July 15, 2020, 3:00 pm

    Hey Morgan, I am in. Don’t know who will win but definitely this is going to be great fun.

    Reply

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