EightBlack.

I’ve been having this recurring conversation for about a month now (no, not about Jessica Alba, about something else).

It all started after I listened to an interview between Perry Marshall and Monte Cahn, the founder and CEO of DomainSystems Inc,

I was then at a conference a few weeks ago in Chicago and sat beside a guy who just for the fun of it, bought and sold property. We’re not talking one or two. We’re talking ten or twenty at a time.

He then said he’d met a old buddy of mine - Ed Dale. And that he’d been to Ed’s course on buying and selling internet domains.

I haven’t spoken to Ed for ages, but it was Ed who was responsible for getting me into this space. I’m not sure whether to thank him or scream at him - maybe both. Some days this business is the most challenging, most frustrating, most overly complex thing I’ve experienced. Other days, I think to myself that there’s no better business to be in.

That’s probably true for a lot of businesses.

But back to domains. This has been a big business for ages. I’m not talking about commercial grade web hosting. I’m talking about the finite quantity of “internet real estate” thats out there.

Like physical property, the online world has its share of waterfront assets, and then its share of stuff thats virtually inhabitable. Stuff you wouldn’t put your mother in law in.

But domain real estate is hotting up because of the age old fundamental regarding any type of property. Supply and Demand. And at this very moment, and with more and more websites being launched by the minute, the demand for quality, marketable domains is running out.

If you have an online presence, how many domains do you own? Have you “ring fenced” every domain around your anchor domain? Do you own the .mobi extension of your website? If not, why not?

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This entry was posted on Tuesday, May 8th, 2007 at 8:47 am and is filed under Internet Domains. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.