Category Archives: Business

June 30, 2007

A lot of domain name offers…

Today I checked my email and to my surprise I had 4 domain name offers! 3 from Afternic.com & 1 from Sedo.com. I will enter into a negotiation with these potential buyers and will see how it goes. I am not interested in the offered prices (all bellow US $1,000), but I will see how much I can negotiate. if I do sell some of these domains I will post them here with the selling price.

Just on a side note, this week I have sold the domain name podcasts.info at T.R.A.F.F.I.C. New York City domain name auction. I haven’t received my funds yet, but it may take some time for the transaction to conclude.

I was not very happy with the selling price, I should have put a higher reserve price, but on the brighter side it was the only .info sold at the silent auction :)

June 28, 2007

The Tokyo Small Business Meetup

Yesterday I joined The Tokyo Small Business Meetup. about 13 enthusiastic entrepreneurs had attended the meetup.

Max Hodges, Publisher of White Rabbit Press, introduced his company with his business partner Tomoko Okazaki. it was interesting to hear from an established (in US) and successful company. They introduced their Kanji & hiragana learning cards and shared some of their business plans.

The second speaker was Michiko Nakayama, organizer of the Tokyo Real Estate Buying & Investing Meetup Group. she discussed her group and her business plans. Here introduction was more like a sales pitch promoting here group and here business, but in a friendly way.

The real estate buying & Investing she talked about is very much like domain name buying and investing. She buys properties in depressed markets and rents them. once the market recovers, she sells the property. I do the same thing with domain names. I pick up domain names in not yet very popular extensions (.mobi, .jp, .info), I monetize these domains using parking providers and sell them once the right price is offered.

Donald Nordeng the organizer of the meetup, had asked me to present my business next month. still I am not sure what I will talk about, but I will see. hopefully I can add some value to the meetup & get some constructive feedback.