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What It's About
Should he take the leap and sell his domain name for $2,500?
Notes from Chris
Episode 1155
Happy Leap Year, everyone! It’s a bonus day that only comes along every four years. I encourage you to use it well. And as for today’s question ... it’s about domain name reselling. The right domain name is an asset and can be resold for profit. Today’s listener is holding onto an asset—a 5-letter domain name. He’s got an offer to sell it for $2,500. Should he take the money and run?"I've owned a five letter dot.com domain for about 18 years now about it because of a personal connection/in-joke with my brother. But I've never really done anything with it. Over the years I've had a few meager offers for it, but I've been happy with just keeping it for nostalgia’s sake. Recently, though, I was offered a thousand dollars from an anonymous buyer through GoDaddy services for the domain. Of course, I thought that was a lowball offer. So I countered with twenty-five thousand just to see what would happen. Today I got a reply to my counter offering twenty-five hundred with a note: “Our buyer's best and final offer."Listen to today's episode to learn more...
SEE ALSO:
- 40,000 People Use This Web Developer's Side Hustle Every Day: How a San Francisco commuter became part of the original iPhone launch with a hustle that now helps more than 40,000 people every day.
- Airbus Developer Sets Goal to Start 5 Hustles at Once: Not content with a single hustle, this web developer decides to create 5 projects that each earn $2,000/month. In this episode, we’ll evaluate his first two attempts.
- Student Bytes Into Lucrative Web Host Biz: A college student launches a web hosting side hustle that goes on to serve more than 30,000 clients.
