Weekend Musings + New Domainer Banks $80K In His First Year

Hello, happy Sunday, and welcome to my weekend musings. It’s like summer here in Southern California and we’re getting ready to head to the beach, but first I thought I’d let you inside my head as I like to do every week. I have been having a blast with Vine so I thought I’d share one of my Vine’s from this weekend and then dive in:



This Vine is from Whole Foods last night. Daina is a Vegan and I am a pescatarian (vegetarian who still eats fish) so Whole Foods is one of our regular spots. Now I’m not saying this is the most exciting video on the planet (okay it’s actually quite boring) but it sure is more exciting than a single photo and captures the moment!

Okay enough about Vine, here’s what’s on my mind this weekend:

  • Loving .ME and .CO – While .COM is definitely my favorite TLD and where I’m making most of my purchases I am loving .ME and .CO. I focus only on premium, one-word .ME and .CO domains and have seen the liquidity in both of these TLDs increasing every month. Both of these TLDs are great for startups that want to brand around a single word but don’t yet have the budget for the .COM. At the same time, major companies are picking these as their top choice sometimes, just look at About.me or Vine.co.
  • The Domain Names Sales App Rocks – I’ve been doing more domain negotiations from the beach and bed than ever before. The DNS app has made this possible and saves me a lot of time. Before I’d respond to an email, update a spreadsheet, and set a calendar event to follow-up, now it’s easy to do all of this from my phone and for free, Frank rocked it with this one!
  • New Domainer Makes $80K His First Year – I got an email this weekend from a 22 year-old who started Domaining last year and brought in $80,000 in revenue his first year. Oh, and he started with only $1,500 – just shows how much potential there is in this space. For anyone that thinks they are late to the game, that’s just an excuse that will keep you out of the game.
  • Parking Is Not As Dead As I Thought – I’ll be the first person to admit when I’m wrong. I’ve said many times that parking is dead, then every time I catch-up with friends who park names they tell me I’m crazy and that they’re still making good money. I guess it’s been one of those have to see it to believe it things and now I’m really seeing it. Bought an expired domain for $50 a few months ago and it’s making $1,000/month parked now. While we still generate most of our revenue from sales, for those who think parking is dead, think again.
  • More Startup-related Posts Coming To MorganLinton.com – while I know that most of my readers are totally focused on Domaining, 12+ hours of my day are spent as the CTO of Fashion Metric. While I think Domaining is a great way to make money, and it is now our primary income source, my dream has always been to run a startup and now that I’m doing it I can see more than ever that this is where my true passion is. Yes, I love Domaining, but I don’t love doing it every day, sorry but I dream of startups. That being said I will always make sure that a majority of my posts on this blog are about Domaining, but since my focus is in the startup space, it’s time to add this element back to the blog.
  • Getting my weekends back – last but not least, it’s nice to have my weekends back. For the last five years I’ve spent my nights and weekends building Linton Investments. Now Daina and I spend our days building Fashion Metric and our nights and weekends together, we go to the gym 4-5 days a week and spend a lot more time on the beach. Life is all about balance and I find that having a little downtime is really helping me start the week refreshed and ready to go.

Thanks for reading and as always feel free to share your weekend musings with me or comment on any of mine!

{ 15 comments… add one }

  • Adi Weitzman March 3, 2013, 12:18 pm

    Hi Morgan,

    Regarding the domainer who made $80,000 his first year. Does he have a blog? I would love to interview him or even just learn more from him.

    Reply
  • Ron Wells March 3, 2013, 1:57 pm

    Good to see that people are still able to make money from day one!

    Also, congrats on the traffic name!

    Reply
  • Rahul March 3, 2013, 2:26 pm

    Hi Morgan,

    Couple of questions

    1. For .ME and .CO – Are those domains getting sold via inbound inquiries or outbound efforts?

    2. Parking – Can you share what vertical the domain is that is making $1,000/month in parked revenue?

    Reply
  • David March 3, 2013, 2:36 pm

    Morgan,
    Care to share what domain is making $1k a month in parking? Why did you pick the domain? Meaning did it show it had traffic already? I have tried this a few times with domains that seem to have a lot of traffic say via godaddy closeouts but I failed each time. 🙂
    Thanks!
    David

    Reply
  • Trey March 3, 2013, 2:42 pm

    We need details morgan otherwise it’s just talk. If some poor sucker forgot to renew his business name that he had millions of hours and dollars invested in building and you are taking his user intended TRAFFIC and sending it back to him for a thousand a month you may eat healthy but God will not forget

    Reply
  • RAYY.co March 3, 2013, 2:55 pm

    Good to hear $80000 in 1st year.

    Morgan, it will be nice if you can share the story as how did he make it, we all like to learn from him too.

    Reply
  • Joe March 3, 2013, 2:58 pm

    Interesting read. Let us know more.

    Reply
  • Joe March 3, 2013, 3:37 pm

    Hi Morgan!

    Read now have a good time and go to the beach, I actually this weekend, make a gardener at home, having to prune a tree to bear fruit and also used to do a lot of summer when the sun set and get some sleep hammock after lunch or afternoon reading a book, below are this cool.

    Now here have a winter weather many days of cold, wind force 7 and 9 tramuntana name come from northern Europe, the sensation of cold is more pronounced, but a good meal with calories solve the problem of cold, especially if you like meat in Catalonia (Autonomous Region of Spain) make a combo of garlic, olive oil (low salt), is very traditional and often do people who have experience, when this is prepared as a light yellow oil that have or concentrate if little oil, try this with grilled meat, iron is fantastic because they give more taste to meat the Catalan name “All i Oli” see how it’s done here http://en.wikipedia.org/ wiki / Aioli.

    That you liked and you were interested.!!
    Before when I have 12 to 18 years old my grandfather on my mother to have a vineyard and every September to make the grape harvest after a carriage and horses carrying buckets full of grapes Moscatell http:/ / en.wikipedia.org / wiki / Muscat_ 28grape_and_wine% 29%
    and Garnacha http://en.wikipedia.org/wiki/Grenache
    then put in large vats in the basement of the house (built in 1880) and with bare feet treading the grapes to be pressed grapes was very hard since last three days (the funniest thing was that when being in the grapes treading vats be around you full of bees which never bite my legs because if not annoying no danger.

    Then come the long job of separating the juice and the juice pressed with our feet, put on boots wine cellar in the house (with two wine black boots (Red) and a boot for sweet wine “Garnacha”) all the care it my grandfather Josep name, when to drink wine grades 16-18 be used to drink here in this Province of Girona that I live a “tufted” http://en.wikipedia.org/wiki/ Decanters are hand grabs the top and rises to a height reasonable for when you tilt the wine down the hole to be small or medium for wine and go out to the mouth, if you’re new catch a napkin, because staining is easy. .

    I always joke that my grandmother as a child at 4 years of age (the mother of my mother) to be the need to encourage black drink wine (red) of 16 to 18 degrees as picnic with several pieces of sliced ​​bread watering sliced ​​bread with this wine and then put sugar on it is called in Catalan · “Pa, Vi i Sucre” is not translated in Wikipedia (bread soaked in wine and sugar), was a great snack for summer wine not missed since going with the sugar left over after you finish drinking the juice of the dish.

    Best Regards.

    Reply
  • Joe March 3, 2013, 4:04 pm

    Like today March 4, 2013 turned 60 years old, I invite you to see via the web as drinking wine in a “Porro Vi” in catalan http://youtu.be/BHXndM_WBUE

    Best

    Reply
  • Lance March 3, 2013, 5:13 pm

    I think an interesting Guest Post on your blog would be the from the domainer who pulled in $80k in his first year. Very inspiring!

    Reply
  • Morgan March 3, 2013, 6:06 pm

    Holy moly! Just came back to my blog to find all these awesome comments! Glad to hear everyone liked this weekend’s musings so much! Please see answers to your questions below:

    @Adi – I will see if he is interested in this, appreciate you reaching out!

    @Ron – thanks Ron! It really does show that we are all still early.

    @David – it was a short .COM that follows a hot trend I’ve been buying over the past 6 or so months. Don’t want to give out the domain as I’m still actively buying in this category and don’t see many other bidders at this time. It did not show that it had traffic already and I didn’t buy the name with parking revenue in mind, instead just thought it was a good flip candidate.

    @Trey – I am very transparent on my blog and often share intimate details of what I buy, sell, and how much money I make. Very few bloggers do this. That being said, I can’t always give-away the specific category of domains I’m buying otherwise there are a zillion other people bidding against me, learned this lesson before the hard way.

    @Joe – thanks, glad you liked it, will do!

    @Joe – thanks for sharing your story!

    @Lance – absolutely, if he is willing to share it publicly I will definitely do a more detailed post about how he did this.

    Reply
  • Jacek March 3, 2013, 6:19 pm

    Domaining is my new hobby. It has been for the last three years. Its been kind of similar to the successful young Domainer. The only difference is that I started it up with $80k and (after the first year) ended up with $1.5k left over cash and a bunch of domains that nobody was interested in. So either the guy was incredibly lucky or got some good advice from a domain professional (or both).
    But thank God I’ve learned. Its is (still) possible to achieve that kind of ROI under these conditions:
    1. You buy the right stuff
    2. You buy it at the right price

    Reply
  • Morgan March 3, 2013, 6:57 pm

    @Jacek – I started out much the same way you did and wish I saw the same success this young Domainer saw in his first year. Still I stuck with it and three years later had a very profitable six-figure business.

    In Domaining it’s all about making mistakes, learning from them, and then putting your focus on the areas where you make the most money.

    Last year I had a single month where we brought in over $45,000 in profit, once you know what that feels like, it’s hard to look back!

    Reply
  • Randomo March 5, 2013, 2:37 pm

    OK, I admit I’m so unhip that I don’t know what Vine is (_and_ I use words like “unhip”). But I gotta say, all those split-second cuts in your Whole Foods video are making me dizzy!

    Congrats on your parking success. I once bought a .com on eBay that immediately averaged nearly $15/day in parking. Sold it for $x,xxx a couple months later (when the domain’s topic was cooling down). But those lucky scores are few and far between!

    Reply
  • xyzdomain March 8, 2013, 1:36 pm

    Domaining is addictive and it’s just like taking any hard drugs. However waiting for a better turn is every domainers dream. I have just registered this MegaHamper.com targeting market from Britain and every other English speaking countries, with exemption of US for they have another meaning for hamper which is gift items, but the other way around in USA and Canada.

    Reply

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