By Brian Lett
Any aspiring entrepreneur who is in search of a legitimate home based business should not pass up the opportunity to learn more about flipping domain names. Essentially, flipping domains is similar to flipping houses, without the need to hire a renovation crew. What you do is purchase valuable niche domain names which have expired, and sell them for a profit. Of course, there are the skeptics who recognize that in the past domain flippers have had success, but contend that those days have since come and gone. I could not disagree with more, and will explain why in the forthcoming paragraphs.
Many entrepreneurs fail to recognize the impact that the recession has had on home based business. In particular, home business is something that a lot of individuals who lost their jobs turned to as an option to replace their income. Unfortunately, many of these individuals fell prey to the unrealistic notion that there are a whole series of hundred dollar bills printed out specifically for those who wish to get rich overnight on the internet. Such individuals paid top dollar for domain names which they thought would bring loads of buyers with their credit cards in hand. When they realize that this was not the case, they gave up on their notion, and allowed their domain names to expire. This is where you, the domain flipper, come in and purchase a valuable domain name for next to nothing.
Conversely, the recession also lead to people having to cut back on expenses. As a result, many individuals were unable to see their home based business through to success, and along with the cessation of their home based business, allowed their domain names to expire. However, as is often the case, one person’s loss in another person’s gain. There is nothing wrong with a domain flipper to come along and take full advantage of a situation which they did not cause.
Of course, there are those who believe that there simply is not any room for the internet to grow, and as a result, domain flipping is an opportunity of the past. I completely disagree with such assertions for one major reason. There are several markets which are lagging way behind we in the Western World when it comes to internet usage. The fact of the matter is that continents such as Asia are prime for a dot (com) boom to proportions which we have yet to witness. This is the new market within which millions will be made.
Nevertheless, I am in the camp which believes that the field of domain flipping has yet to reach its apex. If you are in search of a home based business, this is a field that you should give at least some consideration to. Believe it or not, individuals have made a fortune with domain flipping. Yes, there is a lot of work involved. However, this fact is absolutely no different than what is required of any other home based business.
If you are on a quest for an outstanding Home Based Business, do not rule out expired domains. These expired domain names are solid Business Opportunities. Drop by and pay us a visitat SOSComplete.com
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MLA Style Citation:
Lett, Brian "Home Based Business – Buying and Selling Expired Domains." Home Based Business – Buying and Selling Expired Domains. 27 Jun. 2010. uberarticles.com. 6 Feb 2016 <http://uberarticles.com/home-and-family/home-based-business-the-profitability-of-expired-domain-names/>.
APA Style Citation:
Lett, B (2010, June 27). Home Based Business – Buying and Selling Expired Domains. Retrieved February 6, 2016, from http://uberarticles.com/home-and-family/home-based-business-the-profitability-of-expired-domain-names/
Chicago Style Citation:
Lett, Brian "Home Based Business – Buying and Selling Expired Domains" uberarticles.com. http://uberarticles.com/home-and-family/home-based-business-the-profitability-of-expired-domain-names/
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