2017 Industry Leaders Survey

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I recently wrote a number of articles on my thoughts on how to assess who is the "greatest domain industry leader." Rather than just thinking about who is the greatest I decided to put some thoughts into action and develop a very simple survey.

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The real question that should be asked is who, in your opinion, is the greatest in the last 12 months and why you think so. To really simplify things I’ve boiled the survey down to ten questions that are in three distinct categories:

  1. How successful are they in each of the 4 primary domain business model(s) ?
  2. How much have they contributed to the community?
  3. How do they conduct themselves in one-on-one business?

The questions can be answered with a slider on a scale of 0 to 10, where 0 represents “not at all” and 10 “very much”. The totals of the different questions are then summed together to create a rating. This means that we can easily see who people believe is deserving of this year’s honour.

I’ll be the first to say that it’s not perfect but I think that it’s a step in the right direction. I should also mention that in order to view the results you will need to login to whizzbangsblog. So, the only thing that is required is for you to spend a few minutes reflecting on who you think is the “greatest”.

Click here to view the survey.

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How Do We Measure Greatness?

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Earlier this week I posted an article which opened up the topic, “Who is the Greatest Domainer?” From feedback, it became evident that there was a problem around the whole definition of “Greatest” and over what period of time. I hope to outline my thoughts on this topic here.

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To define “greatest we need to first ask, “Greatest in what aspect of business?” When a domain investor buys a domain name they typically have one of four ways they plan to make money from the transaction:

BUSINESS MODEL

1.       Traffic – the domain has traffic that can be monetized.

2.       Stock item sale – where the goal is to sell a lot of low value domains each year.

3.       High value sale – typically sell a few high value domains each year.

4.       Development – building a real business on a domain(s).

When we look at “greatest” then we need to consider in what business models is the individual regarded as being great. For example, Rick Schwartz is amazing at selling high value domains but last time I checked he doesn’t do development and certainly doesn’t optimize his traffic. This doesn’t mean he isn’t great (I think he is) but it highlights what he is great at.

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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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