I posted this in the whois.net thread. r2d2 agreed that I should post this in a seperate thread for further discussion.
There is an article over at the Domain Name Journal about a young South American web developer & investor named Chris Chena right here: http://www.dnjournal.com/columns/cover070405.htm
Everyone here should read the article -- it is very good. This 27-year old spent $500,000 on domain names a few weeks ago. Read it!
To sum it up, he started out poor. His hardworking parents got him a computer, in 1999 he started his own 3D graphics company. After getting sick of the work hours he moved into the domain name game (and ended up working just as long and hard.) At first he was losing money but he turned around and started making it hand over fist.
He owns a lot of high quality Spanish domain names include the spanish word for games.
He buys domain names and develops them into full-fledge websites; thats quite a bit different than the 99% of domain investors that just buy and flip (arbitrage) or use them for PPC revenue.
Bottom line -- work your *** off and it pays off. Everyone in this forum is in a great position right now. In 10 - 15 years these oppurtunities won't exist anymore. Play by the rules and in 10 - 15 years all of us will be in very coveted positions.
I want to see myself and the other regular posters here become millionaires over the next decade -- or at the very least, be financially independant and own some killer websites.
In this article Chris Chena specifically states that the help from domain forums and other investors got him where he is today. I want to see everyone here succeed too.
1 year ago I was making nothing. Thanks in part largely to Website Publisher I now make over $1000 a month -- and its growing at about 20% a month.
The guys here, at blogs, and other boards have helped me out big time. I'm happy to help you guys out too. Because I'm out of school right now (I'll be a junior in college) I've been able to spend a bit of time on the boards. If you have any questions post them, or PM me directly.
Lets help each other out and make some money!
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