If you're not a millionaire yet - you are going to be one
"Congratulations - if you're not a millionaire yet, you are going to be one soon!" this comment I read 6-7 years ago when I was browsing one website broker, I think it was Afternic.com; This comment was written under one domain name which was for sale that time – Sports.com; When I found this post, the current bid was somewhere between 1 and 2 million dollars.
Just think about it for a while, you get the domain name for 10 bucks and sell it for millions.
I will remember this comment forever “…if you’re not a millionaire yet, you are going to be one soon…”
This is an excellent demonstration how 10 bucks can make you a fortune. As one of my friends said a couple of months ago, when we were having dinner: “…money and financing is not a problem these days… ideas are…” And he is hundred percent right. You can easily raise funds for implementation of your idea, get a bank loan, and find someone who will sponsor you and your master plan. But there is one condition to all of this – the idea should be real good. Money is not a problem – ideas are.
A lot of skeptics will probably say – “…this was luck 7 years ago, when this man registered this domain name. Try registering an equivalent domain name now…” This is exactly what I am saying – why should you follow someone’s train, that has left years ago. Just imagine how we will be talking ten years from now “…if I only knew this was going to be so…” There are still millions and millions “sports.coms” out there (and I don’t mean domain name in particular) waiting to be discovered and “registered” for probably as little as 10 bucks.
This is one of those examples where becoming a millionaire was as easy as making an online purchase.
You want more examples? Here you go… In December 2003, a Florida man sold men.com for $1.3 million, a well made revenue over the $15,000 he paid for it in 1997. Of course, this is not a ten buck investment, that’s the whole $15.000; the man took the risk and here we are – he is a millionaire.
The seller, Rick Schwartz, believes he could have gotten much more for men.com by waiting longer. But Schwartz, who owns more than 4,000 other domain names, said he wanted the money now - so that he can buy others before prices really skyrocket.
The top prices paid for domain name on the market are $7.5 million for business.com in late 1999 and $3 million for loans.com in January 2000.
May 15, 2007 (Computerworld.com) - It's said that everything has a price - and the price paid recently for the Porn.com Web domain is $9.5 million, cash. Monte Cahn, co-founder and CEO of Moniker.com (domain name registrar and reseller), said in a statement that the $9.5 million price tag for Porn.com is the second largest ever paid for a domain name, coming in second to the $12 million paid for Sex.com in 2005 in a private sale. Cahn said the price for Porn.com is the largest ever for an all-cash transaction.
So much for domain names and million makers. Hope this was useful and brought you some new ideas.
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