Quote:
Originally Posted by GatorB
Of course. Even if it was $22 a YEAR and you only paid $10 for it you doubled your money. That's over 100% profit. That's good. Hell Wal-Mart makes about 4% profit.
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why do you assume that he got it for registration cost?
not counting the pioneers - most "domain guys" spend usually thousands of dollars for such domains
if domain is making $22 daily, he probably paid like $10k+ for it
that's still good biz, but it's hardly being lucky
some people are submitting galleries, others are finding domains, buying them and parking... the second is better cause it requires less work, but that's it... other than that, it's just a business, and it doesnt have much to do with being lucky and registering for 7 bucks a domain that is suddenly going to earn $22 per day