I OWN LYONBRAVE.COM: BUYING DOMAIN NAMES!
Everyday we here about small business success stories. Every day millions of people want to quit their jobs and go to work for themselves, but how do we do this on a limited income and by limited we mean POOR.
The answer is easy you buy online real-estate. What is online real-estate you might ask? Online real estate is a domain name and once you own that name just like property, you can sell it to somebody else.
You can check out who owns what domain name by visiting https://whois.icann.org/en/lookup?name=bebee.com
Technically, as soon as you buy a domain name you are a small business owner. https://whois.icann.org/en/lookup?name=bravesworld.org
Now, that doesn't mean you are a successful business owner. You will have to likely work on just building your site consistently for a solid year before you see a couple of grand.
You will have to research the market and figure out what to do with the internet space you rented.
When we say build a website, that's a generic term. Websites are as different and as unique as people and some websites are literally being solid for millions of dollars, while others aren't making $h!+ so how much you profit depends on your effort.
Now, I know what you are thinking if building websites and selling them for profit is so easy, why isn't everyone rich. The obvious answer is because it isn't easy.
It's an almost impossible challenge to do by yourself, which is why the most successful sites, actually hire people to generate their content. Social Media sites like beBee and Facebook have users generate their content for them, but you are not in the position to do this right away.
The cheapest way to start a small business is to get online. You can sell t-shirts, food, ideas, music, whatever, but make no mistake if you aren't willing to work for free and stick with your project for a couple of years, you will never see success.
You can purchase domains from 9.00 USD all the way up to
literally millions of dollars.
My Domain Name Bravesworld.org cost me 8.99 to purchase for one year. That's pretty cheap if you ask me.
VISIT ME AT LYONBRAVE.COM
However, realizing the importance of a domain name I wanted to go with a different idea called Mucho Dinero.
I know it was a good idea because when i went to purchase the domain name it would of cost me over 22K to purchase it.
Now, if you have the money to purchase such an expensive domain name, it probably already comes with a certain amount of traffic every month, so it would be well worth the money.
Basically, I wanted to brand what was already on the market, but it cost too much to do that, so i'm going to have to put in the footwork and brand myself. Anyways, building the site for Mucho Dinero wouldn't have been as much fun as building Brave's World.
Anyways, the overhead for online real estate is low and it's the fastest growing business.
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