Who is the Greatest Domainer of All Time?

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I read an interesting article on The Domains asking the readers who they thought was the greatest domainer of all time. Why was it interesting? Because it didn’t ask the most important question, “By what measure?”

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For instance, are we measuring someone’s success by the amount of money they earn or amount of profit? Whether they have built a sustainable business or sold one off high value domains? How about whether they actually give anything back to the industry versus take, take and then take some more? Or, how about how they treat others that may not be as monetarily successful as they are?

Can a person be regarded as “the greatest” if their personal life is a complete mess? They may have even sold a lot of high value domains and yet not have much to show for it after multiple family failures.

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Wolftalker
Anyone who realizes that this is One World and is using their domain wealth ethically.
18 July 2017
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Saturday Musings - Pushing Through Adversity

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This past week I’ve been wrestling with developing a number of graphs in Google Charts. Wrestling is more of a polite way of me thinking a bunch of four letter words combined with hitting my head against a brick wall. It’s been a lesson in frustration while a carrot dangled tantalizingly just out of reach.

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I hate giving up on anything…..it’s one of my strengths and is also one of my weaknesses. I’m like a dog with a bone. I’ll just keep on gnawing away at some problem until it’s fixed or in some cases redefined.

It all started when I decided to build a dashboard for some clients that displayed a few graphs on a webpage. How difficult could that be? After a few 3am working sessions, I figured out how to pull data from a database, convert it to JSON format, push it to Google charts and voila! Out popped a beautiful chart!

There was just one problem….I’m a bit of a stickler when it comes to design, so I wanted to have the right colours. OK, solved that, tick! Then I thought, it would be nice if the clients could scroll through a date range……a few hours later, tick!

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Getting Focused on Your Vision

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Those businesses that have a vision for their future tend to create it. A vision isn’t just a plaque you put up on a wall but a rallying call that gets people excited. It’s inspires them to go “above and beyond” for not just the monetary rewards but because they are building something great!

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I remember back in the early nineties I had a web development company. It was the early days of the Internet and people were only just getting online. There was one thing that I clearly understood and that the Internet was a global phenomenon.

Even though we were a tiny little startup I decided to inspire the team with a big and very audacious vision! It was, “We change the world!” Every time we published a website we could see people from all over the world going to it…..therefore, in our small way, we changed parts of the world.

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Saturday Musings - Getting Out of Your Financial Mess

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Do you ever feel like everyone seems to be putting their hands into your wallet and helping themselves? Bills and taxes keep on rising and living is more and more expensive each year while your pay continues to shrink in size. There seems to be less left over for you to enjoy life.

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Many years ago I read a fantastic book that I would highly recommend to anyone…..and no, it wasn’t my book, Battleframe (although it isn’t a bad read). The book was “The Richest Man in Babylon” and the author illustrates a number of principles about managing money through stories…..it’s really a compelling read.

The first point he raised was, “Pay Yourself First”. What this means is keep some of the money for yourself……not your bills but for you. If you need to negotiate with creditors and pay them over a period of time then do so but whatever you do pay yourself now. An amazing thing will happen, you will pay off your creditors and also manage your expense line appropriately.

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vanclute
Here is a PDF of the book for free: https://ia800307.us.archive.org/2/items/RichestManInBabylon_650/the_richest_man_in_babylon.pd... Read More
08 July 2017
mgilmour
Thanks for that! It's going to save me a lot of money :-)
09 July 2017
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Unlocking Value Through BIG Data

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In this article, I’m going to let you into a little secret. You may not have heard of anyone else approaching domains the way I’m about to outline but in my opinion, it’s the future. These ideas are what keep me so entranced by domains.

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If you are wanting to extract the maximum amount of value from your domain names then the answer is in the data. It really doesn’t make a difference whether you are a buyer, seller, developer or traffic monetizer, the key to generating additional revenue always comes back to the numbers.

As I’ve spoken at conferences or written different blogs I’ve been accused of many things but there has been one consistent accusation that I’m actually quite proud. “You’re always banging on about the numbers!” I love my numbers and more than that, I love trying to interpret what they are telling me.

Over the past 10 years, my ParkLogic business partner and I have continued to be fascinated by domain names because the data tells so many different stories. We’ve taken this to the extreme level by tracking around 250 different metrics for every domain on our platform each day. This leads to hundreds of millions of data points that can be algorithmically analyzed and trend curves plotted over time to see where the next seam of gold will come from.

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Wolftalker
Interesting as always Michael. Congratulations on a good piece.
06 July 2017
mgilmour
Thanks for that!
06 July 2017
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