Morning Folks!!
Bare with us for 4 more days as we put the finishing touches on our foundation. And yes, part of that foundation resides right here and the words here will be read many times for many years. Less by domainers and more by end users. The 'Bleacher Seats' I have talked about are now turning into box seats. On the record for the record! If you are too busy to read this, find the time. I promise you it is that important. I promise you the more you look, the more you see. Many of you will know this. Many of you will not. Everyone will understand it even more in a few minutes.
It’s obvious once you see it.
But many don’t see the ‘way forward’ in front of their face DAILY for YEARS
BY Danny Welsh, JointVentures.com
I’m not the best or most recognized joint ventures specialist in the world in
2013, but a domain name lease deal and partnership with Rick Schwartz to
operate JointVentures.com WILL give me a chance to grow INTO that in 10 years
if my ambition is that big. We’ll see how things unfold.
So I hope folks that consider themselves “domainers” will
forgive my bluntness here but a domain of CATEGORY.com quality will RARELY if
EVER earn what it could in the hands of someone that is a domainer first and an
entrepreneur in a specific category of business second.
CATEGORY,LLC with “category” resources, experience,
contacts, passion, products, services, ideas ETC is a better operator of
Category.com than Mr. Domain Owner and his portfolio of hundreds of domain
names sitting around earning nickels with the potential for millions buried
underneath could EVER BE.
THIS WILL HOLD TRUE EVERY SINGLE TIME.
I’ve said it before and it bears saying as many times in as many ways
as is necessary to reach John Jones, CEO, with the message.
Because for the most part, the most
valuable domain names aren't
in the hands of a company dedicated to making that domain name alone a part
of a great business, you have MISSED this opportunity . These ASSETS are
'parked' in rows of hundreds of
BEAUTIFIL CARS sitting on the
showroom floor “for sale”,
and no one who’s interested can even get a test drive!
If you believe as I do that that above paragraph is true…
And you believe that intrinsic earning asset VALUES will
follow historical parallels of increasing PRICE for the BEST OF THE BEST such
as the real estate BUSINESS analogy I gave here: LINK
Or the baseball BUSINESS analogy I gave here: LINK
Or the oil BUSINESS analogy I gave here: LINK
Then whether you call yourself a “domainer” or a business
owner, you MUST understand that to say that a domain name can only be “parked”
or “leased” or “developed as website” is incredibly short sighted, a simplistic
definition and frankly incorrect.
“Development” is
webmaster talk. The guy or gal
whose company is the highest and best use of ANY of the best generic .com
domain names in the world likely doesn’t know HOW to build or develop a website
because he hires the specialists that can do that. Even if he can do it, he
hires someone else.
The guy who knows WHY to do something pays the guy who knows
HOW in capitalism.
At a certain level of
domain name ASSET valuation, “website development” as so many “domainers” talk
about it is IRRELEVANT in my opinion -- and that of Rick Schwartz if I’ve read him correctly.
The highest and best use value of a domain name ain’t ultimately
about only the WEBSITE you put on a domain name, folks,
and it never WAS…and it never will be.
It’s about the BUSINESS that
can best occupy that premium space,
and that business’s products and services that can be sold to
real customers for a real exchange of value.
For every PalmSprings.com BUSINESS developed by a “domainer” that gets
it right as an entrepreneur to make that great domain name just simply a PART
of a GREATER BUSINESS, there are dozens
of eRealEstate internet properties in Rick Schwartz’s portfolio alone that
COULD be a PalmSprings.com success…if it were in the hands of the right
company (and that company is emphatically not
Rick Schwartz, LLC) with the right person in charge (and that person is
emphatically not Rick
Schwartz, the domainer).
And for me, personally, getting a full understanding of the true intrinsic
VALUE of premium category dot com domain names (as opposed to the PRICES of sales we all see catalogued by Ron Jackson
and others who serve the still NASCENT domain name industry with their reports)…my
education in learning this stuff has hinged on the obvious-once-you-see-it parallels and analogies I’ve been sharing in
these blog posts to help the BUSINESS OWNER of 2013 see what the DOMAIN KING
already saw in 1994.
What do I mean by
“obvious-once-you-see-it?”
Do
you see the way forward in that logo on the left?
Do
you see the arrow? Most don’t until it’s pointed out to them.
Many people see that logo multiple times per week on Fedex trucks and
on Fedex TV commercials and on Fedex brick-and-mortar store signs…and
they’ve never seen the “way forward” hidden in plain sight.
When it comes to the MASSIVE difference in value between PunchBowl.com
and MyPunchBowl.com, or MadeUpBrand.com vs. MadeUpBrand.net, 90% of business
owners don’t yet SEE what the smartest entrepreneurs who are also “domainers”
have seen for YEARS in plain sight.
When it comes to the 1000x difference those who’ve been investing in an
ASSET class for 20 years know exists at the highest levels between an asset www.GENERIC.com with the standard
domain name extension that will give you so many benefits that MAKE YOU
MONEY vs www.GENERIC.crap commodity for
$8.99 with a made-up domain name extension that will cost you money every day
even as you grow your business…many entrepreneurial business owners in
the MAINSTREAM of 2013 that are just getting their feet wet and taking their
brick and mortar stores online to compete simply do not yet “SEE IT”.
They don’t know what Rick Schwartz knows. What “the 500” knows. What
most every long time reader of this incredibly wisdom-filled blog--
increasingly becoming less a living room for the few who know and an auditorium
for the many that don’t-- has known for years.
They who are totally NEW TO THIS
INTERNET BUSINESS STUFF don’t yet SEE IT.
YET
they know they sure as hell found their way here to this crappy looking blog
(sorry, Rick)
after following the Yellow Brick Road from a domain name like Wholesaling.com
or FinancialConsultants.com or hundreds of the other best domain names in the
world…
ending up on JointVentures.com and finally SEEING IT.
Now
they’re scratching their head and only after they know what they want to BUY
(the domain name they first typed in to visit itself) are they going to a
search engine and doing their due diligence and finding themselves here and
wondering, is all this for REAL?
Yep. It is. And starting 2/1/13 the focus for Rick Schwartz and for Danny Welsh
and for the team we are building will 180 degree shift. People will claim
differently but the last few weeks of us launching JointVentures.com ain’t
simply about convincing “domainers” to do business with us, and never was.
The end users are reading this news increasingly too. When they do, the
smart and ambitious ones are going to SEE IT FIRST. How real it is, how raw,
how undeniable. What we already see and Rick Schwartz saw 20 years ago. Just
like if that was the first time you saw the arrow and the way forward in the
Fedex logo, in the future YOU won’t be able to NOT see it.
Increasingly this next few years, once the mainstream of business around the world knows the difference between an $8 domain and an 8-figure domain…they won’t be able to NOT see it.
The biggest question for you if you’re a business owner who followed
that Yellow Brick Road is if YOU will SEE IT first in time to get your hands on
a multi-million dollar asset for $xx,xxx per year…before your competitors sign
the long-term domain lease/license contract and send their money to Escrow.com
first.
So please, by all means…Do your due diligence. But do it fast.
In 3 years the cars on the showroom floor will simply be gone, on the
road, with a DRIVER at a great company in the front seat of each propelling
forward at 200MPH with the wind at his back.
Take too long to make the decision to grab this advantage, and never
again will you have an opportunity to drive a Ferrari that makes you money and
increases in value for the price of a Nissan.com that will cost you down the
road when you simply should have grabbed the keys and said “Let’s Go!”.
Offering test drives…
Danny Welsh
JointVentures.com
UFO
I’d say that ‘Most’ companies won’t ‘see’ leasing anymore than ‘seeing’ names that already exist.
The only thing leasing does is bait the hook better. But better realise that large corporates spend a lot to get even a small initiative going so $1k a month or $10k a month won’t be the determining factor.
SME’s could well step up to the plate, but there sure as hell better be some decent business cases put together to induce then to seriously think about the potential.
Leasing ‘de-risks’ to some extent the buy in process to domains. But really what is missing is the whole strategy and showing them the light of the ‘art of the possible’. Domainers are NOT selling an asset, they are selling potential and need to realise that it requires actually showing the path to riches rather than the cash flows that already exist.
AHEAD OF TIME
Danny this post has made me 100% realise why Rick
has picked you. I have the same vision and have the facts
to prove it. This feeling is like when you know something
amazing has just happened in your life.
UFO
Nb: The Fed Ex logo is a classic. On a subliminal basis NOBODY really notices the arrow. Just like how you can theoretically be rich but have no cash in the bank.
Presupposing that the public and businesses get it is a mistake because quite simply they don’t get it or have more important things that they think they should be thinking about.
In the Fed Ex case above if they wanted to bring the ‘arrow’ into play (Which they should as it’s a positive device) then occasionally they should place another arrow inside the white arrow so people realise. Most likely a blue arrow to integrate and balance with the left colour.
Often you have to explain things to sell things. Just like you have to explain a joke sometimes.
KA
“I’m not the best or most recognized joint ventures specialist in the world in 2013, but a domain name lease deal and partnership with Rick Schwartz to operate JointVentures.com WILL give me a chance to grow INTO that in 10 years if my ambition is that big. We’ll see how things unfold.”
You lost me on the first paragraph, when it’s all about YOU, and not me.
UFO
Slightly off topic but of interest to domainers is the level of online sales in the retail world…
http://www.nasdaq.com/article/update-us-retail-sales-growth-expected-to-pull-back-in-2013-20130128-00807
” It expects ecommerce sales to represent approximately 18% of total sales in 2013. By comparison, the proportion in 2010 was about 14%.”
viman
I have high hopes on JointVentures.com. This is called shaking up the market. I will be following this closely and keeping my fingers crossed :-)
george
”
Take too long to make the decision to grab this advantage, and never again will you have an opportunity to drive a Ferrari that makes you money and increases in value for the price of a Nissan.com
”
Ferraris for the price of Nissans?
Why wont Rick buy them?
EspressoCloud
Thought Dave Clements did an extraordinary job developing Cheesecake.com.
Danny Welsh
RE:”Leasing ‘de-risks’ to some extent the buy in process to domains. But really what is missing is the whole strategy and showing them the light of the ‘art of the possible’. Domainers are NOT selling an asset, they are selling potential and need to realise that it requires actually showing the path to riches rather than the cash flows that already exist.”
I couldn’t agree more. From what Rick and I have shown publicly of”what’s working” for our strategies to make deals happen it IS a missing ingredient. Starting February 25th (or thereabouts :) ) that will change when our jointventures.com/domainname pages go online for all 400 properties we have available for lease this year.
That’s the day the copycats we are already seeing will get pretty out of control. And that’s okay. Because the companies that copy what they can SEE of what Danny Welsh and Rick Schwartz are doing can copy it all day and not have our UNIQUE VALUE that makes he and I capable of pulling off deal after deal all year long. All I can say is that when they copy my content, they’ll pay for it legally when I have time to bother.
But the marketing formula we use is different. I’ll put that right here on the web and folks can copy it all day long. Call it my contribution to the community of people who are NOT our clients. Why should I have ALL the fun in 2013? :)
Danny Welsh
JointVentures.com
Danny Welsh
That’s strike two KA.
I took the time to respond quite courteously to your first troll attempt a few days ago. The answer then is the same answer now. YOU ARE LIKELY NOT THE TARGET OF OUR MARKETING. If you are then step forward and let us know which domain name would you prefer to buy but are bitter it’s not for sale?
“Not for sale, lease only!” piss you off? It pissed me off too, man. Get over it and pull your big boy britches up.
It’s not about Danny Welsh. It’s not about Rick Schwartz. It’s about bringing two parties together who have something and want something. If you are one of the two parties then identify yourself. If you’re not, then who gives a damn what you think if you can’t bother to come here in Rick’s living room aka blog and treat the man with some respect?
I WILL NOT RESPOND AGAIN UNTIL AND UNLESS YOU USE YOUR REAL NAME, BACKED UP BY A REAL EMAIL ADDRESS AND A REAL COMPANY. My balls are on the table, pal, and everything I’m doing in business is TRANSPARENT and WIN-WIN.
So do the same or shut up and go home to be bitter.
Rick may allow you to comment again but that’s his choice. I only have time for other WINNERS. And as soon as strike 3 tells me someone is a loser then so be it.
Think WIN WIN and never look back!
Danny Welsh
JointVentures.com
Danny Welsh
“I have high hopes on JointVentures.com. This is called shaking up the market. I will be following this closely and keeping my fingers crossed :-)”
Thanks Viman. It’s been fun. But don’t think just because you may not own the same caliber of domain names as our clients with JointVentures.com that you somehow need to sit on the bench with your fingers crossed. Rick and I will be attracting any number of folks to work with us in one capacity or another…and I hope that as those opportunities are announced folks like you want to apply.
As Rick’s fond of saying…there’s more than one way to climb the money mountain in domaining.
I could have been”mad” that I missed out on the chance to hand register domains like these we are now representing 20 years ago. That when I did see the value, I could regret having let them drop instead to buy stuff like a vacation.
Many people are bitter that others were”lucky”. Not me. I know how to create value in the marketplace.
Most top domain owners are not movers and shakers like me. No offense to them, because most of our clients are VERY SMART and not”lucky”.
So we’ll serve each other. Rick and others like him had the foresight to buy in 1993.
I think I’ve got the chops to sell in 2013 without leaving millions of dollars in future profits on the table.
Time will tell if I’m right…Stuff’s about to get INTENSE!
Thanks for wishing us good luck and please by all means stay connected. :)
Danny Welsh
JointVentures.com
Altaf
Great explanation Danny! I tested my wife”Do you see the Arrow?””No”, When I pointed she immediately laughed out loud.
That is the way a visionary leader sees what is coming ahead of time, others cannot. Rick bought many $100 domains in 1993 or 1995 which we did not see worth or what to do with. This was due to technology advancement. So got access some didn’t. Many people did not know the value of a domain before Rick or other folks understood in ahead of time. Still some cannot the see its future intrinsic potentiality while others like Danny or we could see due to our acquired know-how over the years. But do you know fully what may come up with domains or any idea coming up tomorrow from researches? nope! Only time will tell what others could see.
viman
Beleive me, I do not plan on sitting on the bench. I will be keen to work whenever there is an opportunity. So rest assured – I will be bugging you :)
I may have started late in the game and opportunities may be less but that does not mean I give up. If people look hard enough there are some good generic .com available for the right price ,,,
Keep up the good work.