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Developing a Domain into a Business - Marketing With No Money

A number of weeks ago I promised to discuss how I was going to market my new scifi book, Battleframe, as a case study for any online business. To make it a little harder I’ve decided to not spend any cash on advertising other than from what my book brings in….this will mean that I’ll need to do some creative thinking.

Friends and Family
When launching any new business the first port of call is to sell your product or service to friends and family. Some people feel a little guilty about doing this but I personally believe that if you’re part of a family then you need to support one another.

For example, my brother launched a wine importation business and I was one of his first online customers. So in launching Battleframe I contacted my family and hit them up to buy my book!

Escrow.com

Wider Business Contacts

Each one of us has developed a network of colleagues that are just looking for an excuse to help you out. When you’re launching a new business or product this is the group that will cheer you on and often provide some very sage advice.

One of the great things about the Internet and the domain industry is that over the last fifteen years I’ve developed a huge network of friends all over the world. I count them as friends because I would like to think that our relationships have transcended just business.

So what have I done so far? I’ve let everyone that pays attention to my linkedin, facebook, google+, twitter and my blog know that I’ve just written a science fiction book. The result is a lot of congratulations combined with some sales.

I must admit that the flood of good will towards me has been really humbling. I would really like to thank everyone for their good wishes. Thank you, thank you and thank you yet again!

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Guest — Frank Michlick
Congratulations on the release of your book Michael, I'm looking forward to reading it soon. I've seen an interesting way to prom... Read More
19 March 2015
mgilmour
Many thanks for your kind thoughts and ideas about marketing Battleframe. Thanks for your thoughts on the commenting process........ Read More
20 March 2015
DNSale
Cheers on your release Michael.
20 March 2015
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My Scifi Book Battleframe Released on Amazon!


  After nearly 2 years of writing, rewriting and correcting I’ve finally published my debut science fiction book, Battleframe. It was an incredible experience clicking a button and then a few minutes later seeing it appear on Amazon! It was almost like Sheldon and Leonard in the sitcom “Big Bang Theory” when they published a paper together!

For all of you that have been wondering what the book is about here is the synopsis.

Battleframe

20150316 battleframe 240x400 kindlepaperResource rich planet Alpha Three becomes the focus of a galactic wide conflict. In the midst of a remorseless Scourge invasion a lone human battleframe pilot, call-sign Whizzbang, strives to find and rescue his closest friend from the invaders.

With the extermination of the human colony seemingly inevitable, Whizzbang's squad of veteran pilots struggle to turn the tide of the war. Just when he thinks they may have a chance, members of the squad begin vanishing before his eyes and the odds of winning the battle become slim to none.

The mysterious nano-robots, unknowingly developed by an alien intelligence, appear to be all that will enable humanity to survive the onslaught. But all is not what it seems as the micro-machines begin to dramatically transform Whizzbang's friends in astounding ways.

Safe within his command dome, the enemy General plots on how he can cover the world in the enigmatic Barrier, a force that kills humans in seconds. It is then that Whizzbang discovers that the Earth may be the next Scourge target.

Book one in the “Mindwars” opens with our galaxy in turmoil and humanity on the brink of extinction.


 

The plot is fast paced, has lots of action and the novel has a number of twists and turns that I hope really keeps the reader’s attention. I couldn’t resist using the call-sign of “Whizzbang” in the book!

I must admit that there is a certain amount of trepidation in releasing something that you’ve been working on for a long time. If you don’t like it then please go easy on any hate comments…..but if you do like it then cheer me on to release book two as soon as possible! A great comment on Amazon would be awesome as well :-)

I’m also releasing a lot more free content on my website at http://michaelgilmour.com for registered users. So far, I’ve added a map of the world plus a floorplan of a key location. You can also get access to the forum area to ask questions about characters, the plot, setting etc.

Battleframe is available in both ebook and paperback formats. Feel free to click here to purchase a copy. Don't forget to tell your friends about it as well :-)

I want to take a moment to thank all my friends from around the world that have inspired me to keep on writing. If it wasn’t for you and your kind thoughts then I’m not sure if I would ever have completed Battleframe. So thank you one and all.

I would also like to publicly acknowledge the tireless work of my team of beta-readers/editors. They are Roselyn (wife), Timothy (my son), Ray (father) and Laci (best friend). They made suggestions to improve the characters, tightened the plot and made the world of Alpha Three an exciting place to visit. More than that….they fixed a lot of my Engrish. ;-)

I hope that you enjoy reading Battleframe as much as I did writing it.

Cheers!

Battlframe

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Guest — JP
Congrats! Can't wait to get my copy signed
18 March 2015
mgilmour
More than happy to sign one for you :-)
18 March 2015
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Personal Musings - Are You Out of Control?

Do you want to be successful in business? Do you really? If I could tell you one characteristic that will almost guarantee your success would you listen? More than that, would you follow through with it in your own life?

OK, here it goes….over the years I’ve found that “self-control” is the one character trait that underpins all of the businesses that I’ve founded. Self-control is largely frowned on as a concept that is outdated with the “If it feels good then just do it” mentality that now permeates society. Here’s the thing….I’ve found that it works.

So what is self-control? Obviously, self-control is being in control of yourself and at its heart is another word many people don’t like to hear, discipline. Self-control means that you have learned how you best work and take advantage of that.

For example, I’m typically at my desk at around 7:30am and finish work at 6pm. Due to time zones, I try and limit my late night calls. I’ve learned that I need to rest on the weekend so unless it’s an emergency I don’t do any work at all then.

I’ve seen many people behave in manic ways. They work 48 hours straight and then take the next 5 days off. Or they get so excited because they are working 7 days a week and after 2 months they fall to pieces.

What I’ve discovered is that clients don’t like this type of behaviour. They want to know that you are stable and that the business between you and them is being looked after. What’s the point in providing excellent service for 20% of the time and then abandoning your clients for the 80% because you’re burned out?

I’ve been asked a number of times about what is the difference between my business and another. When I was first asked this question I pondered it for a few seconds and answered by saying, “We like to see ourselves as the domain investor’s banker. We are measured, considerate and take managing your domain assets very seriously. Some other business may have all the glitz and the glamour but you may wake up one day to discover your assets have been trashed.”

What I was really describing was the heart of self-control.

I was speaking to one of my kids the other day and I said to them, “You don’t go from school to the CEO’s job in one step…..there are many, many steps along the path.” I don’t know what it is about the current instant (give me faster, better for no cost) generation but I’m not sure if my kids heard what I was saying.

For example, how did I build whizzbangsblog.com? One article at a time. Writing articles when you don’t want to is really difficult but I know that if I keep on writing quality content then people will want to read it and Google will want to index it. It’s the slow and steady that wins the race. Overnight successes are rare……most of the time things that last are just hard work!

Self-control also reflects in what you say and to whom do you say it. I was speaking to a person recently who works in the IT (information trading) industry. What’s IT you may ask? They are the people that try and gain your confidence by sharing with you things that they should never share about their employer, other companies or individuals.

When you tell these sort of people anything about your own business assume that they will share it with everyone (in confidence of course). To be blunt they have not learned to keep their mouths shut – they are not self-controlled. My advice, be very careful about what you say around information traders!

Being self-controlled also means that you don’t get angry quickly. One of my daughters recently said something to me that was completely disrespectful. It would have been really easy to blow up, yell and scream etc. Instead I went for a bike ride with my wife and we discussed the issue.

After getting back I calmly explained that we had cut off her Internet access for as long as she continued to be disrespectful. Within two hours I had an apology. She asked if she could now get back online…..I said no but I would allow her access the following day. There needed to be some consequences to her action and a time where the apology was worked out.

There was no yelling or shouting and my daughter realised that her father had a right to be treated with respect. Likewise, I need to treat her in a similar manner.

I wished that I got it right all the time…..let me be the first to say that I don’t. What I have realised is that being self-controlled is one of the most important and difficult things that a person can tackle about themselves……it also leads to a great amount of success in life. So, are you self-controlled or out of control?

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Michael Gilmour has been in business for over 32 years and has both a BSC in Electronics and Computer Science and an MBA. He was the former vice-chairman of the Internet Industry Association in Australia and is in demand as a speaker at Internet conferences the world over. Michael is passionate about working with online entrepreneurs to help them navigate their new ventures around the many pitfalls that all businesses face.

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donaen
I have been facing my self-control issues lately. I tend to stay up all night working. Then the next day is almost a waste. It's e... Read More
11 March 2015
mgilmour
Chris, Completely agree with you. I had a friend who told me that when you get a good nights sleep that you're more potent the nex... Read More
11 March 2015
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Moving Forward in 2015

In 2015 the domain industry was launched with Namescon but there's a lot more on it's way. Domaining Europe, ICANN conferences and The Domain Conference being run by Howard, Barbara and Ray Neu are just a few of the topics discussed on this video.

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When is an Escrow not an Escrow?

I was reading another blog recently (yes I do that) and was intrigued by the comments on an article about escrow. A viable, secure and reputable escrow service is absolutely key to every domainer if they are to safely buy and sell domains. So when is an escrow not an escrow?

I used three key words in my first paragraph and I would like to unpack them to help readers judge and escrow service.

Viable.
Is the business that is ultimately backing up the escrow service going to be there tomorrow? Do they have the financial ability to pay their debts when they fall due (ie. are they solvent)? My impression is there are too many people hanging out a sign saying that they can do escrow and actually have no idea what it means.

For example, I receive requests all the time from new monetisation companies wanting to get access to our large volume of traffic at ParkLogic. My problem is that for many of them I don’t know if they will be in business in the next 12 months. It’s the same for some of the start-up escrow companies, they just aren’t viable.

Secure
Security is all about whether there is an independent body that verifies that the internal processes of any escrow transaction are auditable and transparent. This means that the escrow company needs to go through the expense of government audits that verify they are a legitimate escrow business that is conducting themselves in a good and proper manner.

Recently I’ve seen a number of escrow companies pop up in strange and wonderful jurisdictions. This doesn’t mean that the escrow company is bad but it does mean that they are doing this for a particular reason. In many cases, it could be that the costs of providing a fully operational escrow business in the USA is too high, therefore they get an escrow license off-shore.

The advantage of a company that goes through the expense of a US license is that they tick a lot of the boxes. They have the money to pay and go through the government audits. It’s very likely that the US government audit will be a lot more stringent compared to other jurisdictions.

For example, my understanding is that you need to get a license for each US state (some are bundled together) and that California is really the big one. I’m not a lawyer but if you’re conducting an escrow business in California without a license then I would have thought that you’re on dangerous ground. There are some creative ways around this problem but if you’re doing business in California as an escrow company then why not just get the license and be done with it? I may be a little naïve but I just don’t get it.

Reputable
One of the most difficult things that you can do in business is build a good reputation. It often takes years and years of consistently doing the right thing by customers.

For example, I’m privileged to be part of a group of domainers get together at each conference. We do so because over the last 10+ years that we’ve known each other there has developed a sense of trust and mutual respect. It’s taken a lot of time to build these relationships and the result is a huge amount of business between us.

It’s the same thing for an escrow company. It takes years to develop the reputation as a place that can be trusted with literally millions of dollars of transactions. Reputation is everything.

So when is an escrow not an escrow? From my way of thinking, it's when they can't tick the boxes of viable, secure and reputable.

I’m very careful about who I have sponsoring my blog and I’m very proud to have Escrow.com on here because they are viable, secure and reputable. I’m not saying that any other escrow company is not any good. What I am saying is that I’ve only had positive experiences of dealing with Escrow.com

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Michael Gilmour has been in business for over 32 years and has both a BSC in Electronics and Computer Science and an MBA. He was the former vice-chairman of the Internet Industry Association in Australia and is in demand as a speaker at Internet conferences the world over. Michael is passionate about working with online entrepreneurs to help them navigate their new ventures around the many pitfalls that all businesses face.

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Guest — Josh
Escrow isn't escrow when it doesn't secure both the domain name and the money. Then it's Guesscrow. With Escrow, there's peace o... Read More
04 March 2015
mgilmour
I completely agree with you. Escrow is peace of mind and you're a great ad writer!
04 March 2015
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