Young Entrepreneur Forums  
en·tre·pre·neur –noun Entrepreneur, translated from its French roots, means "one who undertakes." The term Entrepreneur is used to refer to anyone who undertakes the organization and management of an enterprise involving independence and risk as well as the opportunity for profit.
Find Qualified Vendors
 

Welcome to the Young Entrepreneur Forums

   
NBTL vbBux / vbPlaza NBTR

Find Business Partners Get Involved in Startups Commercial Real Estate Startup Jobs Find Business Opportunities


Young Entrepreneur Forums » General Internet » IT & Internet » Make money while you sleep...and all that Jazz!



Reply
 
LinkBack Thread Tools Rate Thread Display Modes
Old 03-29-2008, 07:54 PM   #1 (permalink)
Member
Frenchiexno1's Avatar
Activity Longevity
1/20 10/20
Today Posts
0/0 sssssss99
Total Points: 1,658.71
Make money while you sleep...and all that Jazz!

Hi all,

Been a little while since I have been on YE properly as I tend to stick to other forums now, but wanted to see if anyone here was doing something similar to me.

About 6months ago I became aware of the huge domain name industry that was going on on the internet, domain names selling for millions of pounds. Right now pizza.com is in an auction at 2.5million dollars, and last week fund.com sold for 10million. Its a supply and demand thing and once theyre gone, theyre well gone. So the modern day domain name rush is underway and Im trying to get in on the action.

So I trade in domain names, however my approach has been the adsense one. Something I never really understood but I am getting now.

The plan is simple, register a domain name for $10 for one year, point it to a page on my site that I have hosting for, and put some content on the page. Then when people come to the page they have a read, and hopefully click an adsense link. The plan is that the domain pays for itself in a year.

Its a numbers game, and finding the right domain names to buy is definately a science! Hopefully you hit on a descent word that at some point someone will want to buy or makes a lot more than $10 a year. There you have a business.

I'm experimenting with lots of different approaches, and I am kean to look in to developing forums - better if other people generate the content I say, setup a forum, get content generated, and in theory run itself.

And then yes, when I sleep people in say the USA click my links and I get money in my account.

Anyway I am keen to hear if other people on LiveWire do this. And any successes or experiences?

Im due my first google pay out soon
__________________
BuytheMap Forum has just gone live discussin domain names BuytheMap.com/Forum

* Plooka.com - Hipoh.com - DigBooks.com -ClimateSceptic.com - PSPInternetAccess.com - MobileSatNav.com - BiteSpray.com *
Frenchiexno1 is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Spurl this Post!Reddit! Wong this Post!
Reply With Quote
Old 03-30-2008, 12:15 AM   #2 (permalink)
Junior Member
Activity Longevity
1/20 1/20
Today Posts
0/0 sssssss29
Total Points: 1,628.45
I'm a domain name seller, too, and have done the Adsense route, as well. I found that decent domain names (I gave about 100 right now) are getting scarce, but when I come across a good one, I'll still register it "hoping" I'll find the time to develop it with a year.

Adsense is tough...you can't tell your visitors to click or that's breaking the TOS and if the CTR is too low, you don't make any $$. You have to have a VERY popular website in order to get click-thrus. More traffic = more clicks....period.

For me, I don't wait for someone to come to me to buy a domain name...I go to them. I even wrote an ebook on doing this same method (see signature).

Example: Domain Name For Sale
#1 in Google: Google Search
Already making money with Adsense.

Once it's more established and has been registered longer, I'll start emailing local businesses to sell it. Hopefully, the buyer may continue to host the site with me, which means more profit. It could sell as low as $500 or as high as $5000 depending on the buyer. And don't even think that it would never fetch $5k, because it depends on what the buyer values it, not your opinion. I've sold domains for over $10k that I thought were worth $500, but I wasn't the buyer, so don't ever underbid.

Even though it sounds so weird to me, I do make money while I sleep. I love waking up to check my email and seeing new sales made. It not only happens at night, but throughout the day, too.

Find out what you enjoy doing and what you're good at and the rest will fall into place.
__________________
Web 2.0 Images - Spruce up your websites with my HUGE Web 2.0 image library!
Backup Software - Download CPanel backups & databases automatically!
PHP Autoresponder - Easiest autoresponder available!
Domain Name Ebook - Learn how to sell domain names for profit!
List Builder Secrets - Build a list of hungry buyers! FREE!
BANS University - Exclusive BANS Membership!
Wealthy Affiliates - Learn affiliate marketing from the PROS!
Cloak Companion - Hide & Track ALL of your links! $9.95!

Last edited by thinkaholic : 03-30-2008 at 12:17 AM.
thinkaholic is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Spurl this Post!Reddit! Wong this Post!
Reply With Quote
Old 04-08-2008, 05:32 AM   #3 (permalink)
Junior Member
Activity Longevity
7/20 1/20
Today Posts
0/0 sssssss40
Total Points: 1,799.80
You should read about Kevin Ham (google it, comes up first link).
shaggy is online now  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Spurl this Post!Reddit! Wong this Post!
Reply With Quote
Old 04-29-2008, 03:41 PM   #4 (permalink)
Member
Frenchiexno1's Avatar
Activity Longevity
1/20 10/20
Today Posts
0/0 sssssss99
Total Points: 1,658.71
yeah I have read about Kevin Ham. And true I am finding Adsense tough going, however this month I made my first $100 so I am looking forward to my first ever payout! This month revenue was about $40 so getting positive!
__________________
BuytheMap Forum has just gone live discussin domain names BuytheMap.com/Forum

* Plooka.com - Hipoh.com - DigBooks.com -ClimateSceptic.com - PSPInternetAccess.com - MobileSatNav.com - BiteSpray.com *
Frenchiexno1 is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Spurl this Post!Reddit! Wong this Post!
Reply With Quote
Reply


Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Navigation
Register! - Join Now - It's Free
Registration at YoungEntrepreneur.com is completely free and takes only a few seconds. By registering you'll gain:

- Full Posting Privileges.
- Access to Private Messaging.
- Optional Email Notification.
- Ability to Fully Participate.

To Register now click here
Quick Register - It's Free
User Name:
Password:
Confirm Password:
Email:
Confirm Email:
Birthday:  
Check to Agree with the forum rules. 
Need Business Services?
Looking for Quotes?

LFQ

Choose a category:

Latest updates from the YE blog!
Premium Memberships
We will soon be offering a Premium Membership with added benefits and access to exclusive services, support and solutions. To be informed on when this launches click here
Forum Sponsors


Legal Forms

Virtual Phone System



Email Marketing Gets Results

Right Hand Ad

Click here to inquire about advertising
LinkBacks Enabled by vBSEO 3.1.0
Powered by vBulletin® Copyright ©2000 - 2008, Jelsoft Enterprises Ltd.
Copyright 2007 YoungEntrepreneur.com Inc. / YoungEntrepreneur.com : Entrepreneur Marketing Forum