Over 20 years ago, I came up with the bright idea of starting my
own autoresponder service.
After doing some brainstorming, I came up with a company name,
and upon discovering that the domain name was available, I
registered it immediately. Then, like many serial
entrepreneurs, I got sidetracked by a dozen other “brilliant”
ideas… none of which I really focused on.
Then, one day I received an unexpected email. It was from an
individual over in the U.K., who was interested in buying my
domain name. He asked if I was interested in selling it, and if
so, for how much. Having never really considered selling that
domain name, I responded that I’d sell it for $5000
Much to my surprise, he replied back, accepting my price. I gave
him my banking information, he wired me $5000, and I transferred
the domain name to him. Today, I’d likely use an escrow
account to protect both of us. I do that when I don’t really know
the buyer, and it’s just a wise way to do business for amounts
more that a couple thousand dollars. However, the buyer knew of
and trusted me.
Back then, domain names were selling for $35 per year, and you
had to pay for at least two years. So, I turned a $70 investment
into $5000. Yes, I had earned over 71 times what I had paid
for that domain name, and I had held it for LESS than a year.
Fast-forward to 2009, and while attending (and speaking at) a
seminar in Las Vegas, I met a “domainer” named Gene
Pimentel. On-stage, Gene shared how he was earning a very nice
income by buying and selling domain names. Some of these
domains, he built websites on, and others, he simply flipped.
Gene and I chatted over dinner, and we became friends.
Over the ensuing years, I purchased numerous courses from Gene on
the topic of buying and selling websites.
Today, I subscribe to a service where Gene sifts through the
100,000+ freshly “dropped” (expired) domain names several
times per week, and sends a list of several hundred names that he
is certain have high values to his subscribers. Gene charges a
mere $5 per month for this service which he calls Name Snagger
You can subscribe to his list at:
https://WillieCrawford.org/NameSnagger/
I sift through each issue of Name Snagger, and usually find 5-15
names that I consider good investments. I then go over to
NameSilo (my favorite favorite registrar), paste the list of
names that I want into a window, and see how many are still
available. All of the domain names on Gene’s list are
available at the time that he publishes his list, but there are
many thousands of other domainers looking over those freshly
dropped domain names, and at times, others are faster than me.
Five of the courses that Gene created teach different methods of
profiting from domaining. Gene sells those five courses for
LESS THAN the value of one. His “Domain Profits Boss”
bundle, easily worth several hundred dollars, is currently on
sale for only $37. I encourage you to check that out at:
https://WillieCrawford.org/DomainProfitsBoss/
Somewhere in one of Gene’s courses, I came across the fact that
while you can flip a domain name, at times it is much more
profitable to Rank and then RENT out a website on that
domain. People will rent a website that’s highly ranked in the
search engines for from a few hundred dollars to thousands of
dollars per month.
The rents that you can charge depends upon the niche, location,
and how much a new customer (or lead) is worth to the renter.
Today, while I do flip a lot of domain names, my real focus is
the Rank And Rent model. I prefer that model because then you
have an asset which provides you with a steady, dependable
income. Once you have ranked a website, if your current renter
ever chooses to stop renting from you, you simply offer that
steady stream of customers to one of their
competitors.
Once you’ve rented a website out for a period of time, and have a
documented track record of both income and traffic, INVESTORS
will happily pay 40-50 times your monthly income. So, a
website renting for $500 – $2000 is easily worth $20k – $100k.
Yes, if you select the proper domain name, build and rank a
website on it, you can turn that $11 domain name into six figures
🙂
I’ll provide you with a list of marketplaces where you can see
websites, domain names, and other types of ongoing businesses, in
a future article. If you’re NOT a subscriber to my zine, you
should be! You can subscribe for free here:
https://willie-crawford.aweb.page/p/37637b34-a197-4e6e-bc65-2b68d3799787
Don’t worry, EVERY issue has a convenient 1-click unsubscribe
link right across the bottom.
Mind you, it does take knowledge, a willingness to study and
APPLY what you are taught, and PATIENCE! However, using my
model, you can turn an $11 domain name into six-figures.
Yes, you do need to host your domains somewhere. I personally
use several hosts, including one where you can host up to 999
websites for only $47 per month. If you want to check that
host out, visit:
https://WillieCrawford.org/Unselfish/
Since the above IS an affiliate link, I’ve even arranged for you
to get 50% off your first month 🙂
If you’d like to learn my step-by-step formula for ranking and
renting lead generation websites, you can get that here:
https://HowToRankAndRentWebsites.Com
The training is not free, but it’s very reasonably priced. And
if you can follow simple instructions, it’s a very savvy
investment.
My training is definitely not a “get rich quick” scheme.
Instead, it’s an “apply yourself and build a real business,”
with a built-in exit plan. I’m 65, and when I one day decide
that I just want to enjoy my golden years, I should be able to
cash-out my rental website portfolio, and live VERY comfortably.
Anyway, go ahead and check out:
https://HowToRankAndRentWebsites.com
To your success,
Willie Crawford
Oh, in-case you’d prefer not to put in the time and effort
needed to learn my system, you CAN outsource the work, or you can
even have my team do it FOR You 🙂