Video - Thoughts on Development

Video - Thoughts on Development

As a part of the 10 year anniversary celebrations I discuss my thoughts on development. I hope you enjoy this second video in the series.

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I have developed a lot of different websites over the years using a large variety of software platforms. From this experience the current suite of content management systems (eg. wordpress, Joomla etc.) lack a number of key components that domain investors require if they are to scale their development effectively.

In the video I discuss a number of the projects that I'm working on that endeavour to solve many of these problems.

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Domain Traffic Predicts Google Result

Domain Traffic Predicts Google Result

I’ve been wanting to write this article for a while now but I’ve been flat out building a new ParkLogic system. Back on the 12th of October I wrote an article on the fact that I believed that domains could be used to predict a large chunk of Google’s quarterly results. Guess what! I was right!

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For those of you that would like to read the previous articles these can be found at:

The Percentage of Advertising Revenues Google Pays Domainsers

Predicting Google's Quarterly Domainer Payout

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Saturday Musings - Why Domains Are Like the “One Ring”

Saturday Musings - Why Domains Are Like the “One Ring”

Author, JRR Tolkien, suggested in “The Lord of the Rings”, that the one ring allowed wearers to rule but each time they put it on they tended to spiral down into deprivation and psychosis. The character of Frodo did his best to resist the rings temptations but sometimes he just couldn’t help it. I sometimes wonder whether domains are a lot like this.

Gollum - have you bought the .comRemember when you bought your first domain name? The nervousness of the purchase followed by the terror of what the heck are nameservers and EPP codes. But you were hooked. The desire to buy or sell just one more domain each day becomes an irresistible allure that you just can’t seem to deny. If you don’t believe me then consider the following….

What’ the first thing you do each day? Is it check your domain stats to see whether they are up or down? How about jump onto Afternic or Sedo to check out any domain offers?

What’s the last thing you do before you go to bed? My wife used to ask me whether I’d tucked my computer in as yet….which is a euphemism for have I checked my domain stats?

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Problems With The Domain Industry

Problems With The Domain Industry

I published an article about ChiP (Chinese Premium) domains yesterday and received a really interesting comment from a reader that I would like to unpack. For a start I would like to thank them for the effort they took in writing the comment as it’s clear they are really passionate about domains.

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As the comment is public, here is what they wrote:

Your advice to sell is terrible advice. And then you offer to help CHIP owners liquidate. Four-letter .com prices are positioned to move up substantially in the coming years and you recommend getting out now. You obviously needed a better translator on your China trip. SELLING CHIPS NOW AT LIQUIDATION PRICES IS TERRIBLE ADVICE. PLEASE DON'T HEED.

Yes, my advice may be terrible for a subset of the domain community that is wanting to hold their domains in perpetuity but here’s the thing. The whole point of having an asset is either it produces dividends in the form of an income stream (eg. Monetisation) or you sell the asset for more than you paid for it (ie. capital gain).

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Developing a Domain Into a Business - Part 1

Developing a Domain Into a Business - Part 1

So you’re all excited about developing that really special domain name and you’re wondering what the first steps are. Most people immediately jump into getting a website up….whatever you do this is the completely wrong approach!

In this article I want to touch on a number of things that I look for in start-up businesses and then as the series progresses discuss how to actually build a successful business. I've founded many successful startups and there is nothing quite as satisfying as creating something from nothing.

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I've found that successful businesses typically start with a well thought out business plan. The technical implementation of a website is only one small but important aspect of the plan. The first thing that you need to work out is how you’re going to make some money. You may only have a vague concept about how you are going to do this but nevertheless, get it down on paper!

For example, I love writing my blog on the domain industry, business and even my weekly personal musings. From my very first article I had a clear direction that it would be an advertising based business....it may seem obvious but there are many other things that I could have done. Speaking of which....reach out to me if you are interested in advertising!

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