How To Really Profit from Domain Names
Have you heard about domain names that sold for over a million dollars? Inspired by this, you imagine registering a great domain name, hanging onto it for a while, and then selling it off to become the next multi-millionaire. It could happen, but dont count on it!First of all, many of the truly great domain names are already taken. Second, the dot com bust took some of the wind out of inflated domain name prices. If you sell your domain name for millions of dollars worth of stock in a publicly traded dot com flop, what is the name really worth?The cybersquatter buys domain names totally on speculation. Sometimes he will register names of famous brands, companies, or individuals. Time and again, these domain name speculators learn the hard way that they must respect intellectual property rights. They hope that some large corporation will pay big bucks to them for the use of the companys own already trademarked name. Instead, they end up with threatening letters from a law firm f…
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