My FIRST few days in Domains 1995-1996. Alone! Then the Domain Gold Rush of 1998

Morning Folks!!

My FIRST few days in Domains 1995-1996. It sure looked different back then. First of all NONE of you were there then. Well maybe 5 or 6 of you. Ari Goldberger was one. Chad Folkening to name another. Ted Lebowitz who got some great adult terms just weeks before me. Eli from Montreal. I would be hard pressed to name anyone else tho surely many were around.

I still look back when I got into this and it was a virtual ghost town. See I got into domains AFTER they were free. FREE!! All were free. I MISSED IT DAMN IT!!! And I had yet to meet somebody investing in domains at that point. I had only met techies that thought I was insane to spend $100 EACH after being FREE FREE FREE! And to buy 18 of them!! I had to have my head examined. $1800!! INSANE at that time. But what kept me going was knowing I was not alone even tho I was alone. I had one other person with me, whoever might own the domain I was looking for. Some registered YEARS before. But some registered MINUTES before. MINUTES!!! So I knew I was not alone even tho I was alone and nobody knew what the hell I was talking about.

Then something even more interesting happened. I started to see the same names over and over and over again. I was still alone. But there was a kindred spirit there and I knew it! We DO have a kindred spirit in this industry because there are still relatively few of us. But now we are connected. I saw law firms over and over again and I saw an adult company in New York City that had a shitload of great adult domains. So I knew some folks and names years before we ever met or even talked. But those FEW kept me going. I would guess there were a few dozen at that point.

So when I look up now and see this MAMMOTH of an industry that is here and still so small overall, it is sometimes overwhelming. I mean Godaddy has more employees taking a piss right now then there were domain investors in 1995. So my perspective will ALWAYS be different. My starting point was different. My aim was different. We just happen to intersect a lot! That's the nature of the business. All prospectors for gold go where the gold is. So you will likely stumble on the same people over and over again.

Of course that was during the GOLD RUSH DAYS of domaining. There was a gold rush. Some of you don't even know about this. 1998. Amazing!! Why? Because it just happened to be the 100 year anniversary of the Alaskan Gold Rush!! It coincided perfectly. And make no mistake, 1998 WAS without doubt THE YEAR of the domain gold rush. I had a Front Row Center seat to the event. I happened to be in Alaska at the time and did not even know until I got there. I knew about the domain gold rush, but I had no clue about the Alaskan gold rush.

I was on a cruise and the day before in each port we would hear "Bill Gates was here with Warren Buffet yesterday". That in and of itself was pretty amazing. I was doing EXACTLY what two of the richest men in the world were doing and at almost exactly the same time. in 1998 those two were the dynamic duo and not much has really changed. But that was not the highlight of the trip. That was only a memory.

What I have in front of me right now is the carry away. "The official Gold Rush Centennial Medallion" a silver coin minted by the state of Alaska. 1898-1998. Truly an enlightening trip. One I will never forget and just one of the reasons I am so certain and so focused on that "20 year" germinating process that we are now entering the gravitational pull of this NEW and exciting era.  We are there baby.....and this Labor Day is when the OFFICIAL gun goes off and the REAL RACE BEGINS. BEGINS!!!! Not ends. BEGINS! My mission was to hurdle over 20 years in spite of the laughs and the prods and all the rest that go with something folks don't understand so they just laugh at it and belittle you in the process as being unworthy of consideration.

And in the blurb below it goes on to describe new strikes for up to 8 years later let alone how long they each lasted.

Grush

I mean how many people on the planet even knew what a domain  name was in 1998? Or 1995?? Did you? Did your friends or family? I was not a techie. I could barely get online. I saw something bigger than anything I had ever seen in my lifetime and I knew at that time what it would become but it would take 20 years to hit a critical mass in the way other things in our history hit critical mass.

Folks did not even have an "Online strategy" until 10 years into it and still they were filled with doubt because of the "Fad". The doubt is over and it is now the lifeline!! The lifeline! Think about that.

Need, want, desire were words I never even used until a few years back. I simplified it all to that simple equation.

First you must have a NEED. You can't go to the guy that just came from an all you can eat buffet that is ready to explode and give him 50% off if he comes to your buffet RIGHT NOW and think that helps anyone. DUH! NO NEED, NO WANT, NO DESIRE. Compare that to the 350lb guy that is HUNGRY!! BIG DIFFERENCE! That is why "Timing" is the other element of the equation. Then of course we get to value.

Has the net changed me?

You bet.

While I am still the smiling guy you see in the photos, I also had to find that darker side that had to have thick skin, fight for what he believed and fight even harder to protect himself and many others in the process. There was no other protection. Law enforcement did not know what a domain name was let alone help you recover or it or go after the thief. It was not the FBI's radar screen. There truly was no enforcement other than your own preventative measures. I think half the people at Network Solutions did not know what a domain was nor the importance. So calling them for help is like calling help in the middle of the woods. I had so many cease and desist letters that I probably registered the first 3 word domain. lol, CeaseandDesist.com smack dab in the middle of that Gold Rush. July 1, 1998. I still have the file with HUNDREDS of these letters. EACH ONE trying to intimidate me and threaten me to STEAL or HIJACK what I rightfully owned. So did that make me a bit hardened? Yeah it did. When I find out the person or entity I am working with is a predator, I may as well be a can of raid to a cockroach.

And the choice was that or WHAT?? Let me help you. There was no choice. Wolves vs the hen-house. What more do you need to know? So we can Fast Forward to today and see we still have a very long way to go, but oh my, how far we have come. I have the benefit of a longer view and I always pay homage to the past while always focusing on the future. If you don't do that you can't check your navigation to make sure you are still on the right path. Yes, I know YOU have a GPS, but as an early explorer, I had to rely on the things like Christopher Columbus would have to rely on things or I would not and could not stay on the proper trail and land on the intended beach. London or Africa? Keeping that historic line in sight is the path to the future. That is why I talk about the history of domains as well as the history of business and society and civilization and buying power. And before some jerk-off has to be a jerk-off, No, I am not comparing myself to Christopher Columbus.  Just trying to illustrate that todays tools were not available back then and you would rely on different things to prove something one way or another.

What frustrates me the most to this very day is one thing leads to another and another and another and I am never done with the example. So let me explain it like this. Imagine a jig saw puzzle with 3000 pieces. They each fit somewhere perfectly to fit with the next That is how I see the evolution of the Internet and domains are a first tier beneficiary. And while I started with only a few pieces, just like the box it comes in, I always had a CRYSTAL CLEAR picture of what it would look like when each piece was filled in. So that puzzle is not done. It takes 20 years to finish. But it is taking shape and a picture is appearing and it gets a bit clearer every single day as one or more pieces get placed. And every once in a while a part of it will be all filled in and it can clearly be seen by all. It ain't easy to hold this steady for so long and not be deterred from what the completed puzzle looks like. And in that picture Domain Names would be a KEY piece of that puzzle. Smack dab in the middle of that puzzle and guess what, that is EXACTLY what is happening and the gTLD's PROVE the fact before it is a fact.

The day the bulb went off in 1996 was the day I KNEW that everything I had done prior to that point in life was simply an apprenticeship for this. Truly. A unique opportunity in time that dovetailed perfectly with everything I had learned and absorbed and became good at until that point. There was never a doubt. Never a second thought. Never. I just had to manage to survive for 20 years and all the answers that needed to be answered would be answered.

And I started writing that stuff down back then so I could leave a trail for others and be able to point to time stamped evidence of beliefs like a religion to me. I had to reach back to my days of writing either creatively or for a sales piece and that was perhaps what I was most rusty at. In 1996 people did not write like they do today. Of course much of that is morphing into dictation.

But as I look back, the greatest time stamp for me is the time and date on each domain name registered. They are only semi-accurate. Back in 1999 when I started moving my portfolio to Moniker, all of those domains show a 1999 date even tho I registered most of them in 1996-1997.

So a post like this just tries to put things in a historical perspective from my view. From where I sat. I can't speak for others. I can just share my story, warts and all. Life is great. Each day we get to wake up and start all over again!

Just a ramblin' Sunday Morning type post. I really feel bad for the folks that don't think the best is to come. When that puzzle is completely filled, the domain investors that are still domain investors are going to be very happy campers and there will be a sea of folks with deep regrets. Some may even take their regrets out on me or you. Why? Who knows, who cares, we have a future to harness and why allow distractions? Tuesday to me is the gun that starts the race. The DAY we truly enter the gravitational pull of that 20 year puzzle.

By the time the next President of the USA gets sworn in, we will have completed the journey. We will have arrived at the destination intended. And for the FIRST TIME many will finally see EXACTLY what it is that I have been seeing all these years. Let's face it, they already are. Maybe this ship will land on those shores just a tad early.

Rick Schwartz

Bloomberg: Risk of Foreign Domains. Describes Vulnerability of Extensions other than .Com and .Net

Afternoon folks!!

An entire registry went down this week and Google Palestine was hacked. We saw first hand ujst how fragile some of the DNS infrastructure is and if you have a gTLD, this WILL directly affect you and your futures.

"Widely used domains such as .com and .net are operated by registrars such as VeriSign and NeuStar, which have security features that cost as little as $50 a year to prevent tampering with Web-address records. But many regional domains are managed by local companies that don't offer the same protections, said Paco Hope, a principal consultant with Cigital Inc., a cybersecurity consultancy.

In some places, only one company may be in charge of managing a country's domain, leaving customers such as Google vulnerable should employees at the local company get hacked, Hope said."

The entire article is here. And my story last week is here.

Rick Schwartz

 

Domaining.com is the “Circulation King” of the Domain Industry!

Morning Folks!!

There is only one daily hub for the domain world and that is Domaining.com. Along with you other ADDICTS, we load and reload the main page in domaining many times per day to keep on the latest news, developments, opportunities and sometimes gossip and pissing matches.  T.R.A.F.F.I.C. Presented Domaining.com and Francois an award in 2011. Well deserved. It is places like this that propels our industry further and faster and with more meaning.

So another tip of the hat to Francois for making Domaining.com the GLUE that binds us all together on a daily basis. Sometimes the praise trumps the dollars and we take daily things for granted. On the other hand I am sure Francois would rather have the dollars so place some ads with him and put a smile on his puss!

Well done Francois! Carry on! You ARE the "Circulation King" when it comes to domaining and I have a post later today that illustrates WHY I appreciate what you do!

Rick Schwartz

 

Michael Cyger WTF is a Sherpa?

Morning Folks!!

Wtf is a "Sherpa". That was my first question when Michael's Cyger's Blog and interview machine first appeared back in early 2011.  A few months later I became his 28th interview. Now 123 strong and growing.

Michael-Cyger-Profile-300x145

"Thousands of new businesses startup every day and each needs an Internet presence. But domain names are confusing to the uninitiated. What if you had a guide, someone to show you the way and make the journey easier? That's our mission with DomainSherpa. I'm Michael Cyger, your host. It is my job to introduce you to “sherpas” who will answer all your domain questions"

So when folks are lost in domaining and don't know where to start, there are 123 shows, with over 100 great guests that will set you on the RIGHT PATH before you piss your $$$$$ away. But since most would never even consider this, because it takes a few WEEKS, they will spend YEARS wandering and chasing shadows.

This week I participated in a ground breaking show for the domain industry that has been very well received and I think we are about to see many more shows. The comments have been very positive and one really jumped out at me. One domainer that has been around for many years posted something that was priceless to me and to him as well.

"For people who still think Traffic is expensive, this is just a sample (and i really mean SAMPLE) of what happens at Traffic. It was the best thing i have ever done in my entire domaining life and believe me, for a portuguese guy it is not cheap at all to go there, but it is also priceless…so GO! Great show!"

Thank you Joao! I know it was a BIG decision for you to come to Las Vegas and I know I told you many times you would never regret it and it would be life changing for you. Thanks for digging deep and changing your destiny! Folks like you make the journey worth it.

I would have written this yesterday but did not want to influence the voting.

I am going to ask Michael if he would like to do this show LIVE at TRAFFIC. It's basically what we have done at the show since 2004. But "The Five Sherpas" or whatever Michael Cyger eventually names the show was fun to do and I think informative in an informal manner. Matter of fact, after the show we talked for about 15 minutes and we regretted not airing it. Hopefully in the future I will be invited back and there will be new elements and maybe even some interactivity.

So tip of the hat to Michael Cyger for doing this. Well done!

Rick Schwartz

 

New Birdie in the Mine Announced. Tell me How you CAN’T See it!!?? What is coming is Coming!!

Morning Folks!!

So my post yesterday morning is inadequate. It touches what I see, but it is oh so much bigger. It is the collective energy that is coming and WE are the BIG winners! 1000 NEW Divisions if not separate companies. They are going to make a LOT of NOISE!!

They are going to make noise in many ways. Some of it will be just that, noise. But thru that noise there will be some that have something or their something may benefit your .com as I have described here.

There is a TIDAL WAVE coming and it is going to make a direct hit on the domain industry. If it does not keep getting delayed. Each day of delay makes a company weaker not stronger. It costs money not to sell anything. But at some point that dam is gonna BURST and when it does, the landscape will never look the same again.

Bringing in Adam Dicker to help with T.R.A.F.F.I.C. is by design. We are preparing for what is to come. We have 2 venues capable of holding THOUSANDS of attendees. Besides the current domain investors an entire new generation of domain investors are all heading this way. The competition is going to be very interesting and it will be fierce and it will heat up from there. A lot of elbows in a small industry as this "Experiment" progresses.

So you are seeing the calm before the storm. And the only reason there is calm is because of the clusterf*ck that is delaying everything. In a perfect world you certainly would want to roll things out very soon. But looks like the delay will extend into 2014. I really do enjoy watching incompetence up close. Somethings are not well thought out and when that happens it blows up in their face. How could you not see this clusterf*ck 2 years away? I think I have been writing about it for 2 years and am glad others now see that there is no other word in the English language to describe it.

But after the clusterf*ck, IF we EVER  get to that point, then things are going to move very fast and the $$$ are going to fly! It will look like 2005 on steroids. This IS the calm before the storm and to be honest, the calm has a lot of things bubbling and brewing below the surface.

All I want to make perfectly clear is anyone reading this scared that their .com values are going to go down are not paying attention and are already reacting to noise that means nothing. Now WHY am I spending so much energy writing about this NOW? Because when the flood gates open, my voice will be drowned out by THOUSANDS of others. I need to be CLEARLY on record. If I stay true to what I see, I am also likely to have an entire new generation of people who don't like me. Sorry if my thoughts and vision does not match their agenda. REALITY trumps everything. Let the chips fall where they may and I am rooting for soe successes out there. The NOISE won't make them a success. END USERS, CONTENT and DOMAIN INVESTORS will decide their fate. MANY of those extensions may actually SNUB the domain industry thinking they can make their mark solely with end users. Good luck with that strategy.

I think the biggest unknown is how many extensions will collapse or be acquired before they collapse?

That said....I wish every new gTLD the greatest of successes. Your success is our success. Even if only 1 in 1000 works, the folks reading this blog will be on it. I won't hide which, if any, I think have a chance. The birdie in the mine for me is .web. I like .web but it could easily prove to be another .net. Should that happen, many others will simply collpase. And anyone that gets a .whatever and has a success and you own the .com version, you too have a success. It's coming!

Rick Schwartz

Rick’s Pic Updated!

Morning Folks!!

Last week I posted a question about my 10-year-old picture (Oh the pain) and you folks (especially the ladies of domaining Donna, Anita and Naomi) were good enough to respond.

So as a result, voila, the best they could do with what I am working with.

The new improved 6.0 Domain King. Imperfectly aged to perfection.

Photography by: ©Michael B. Lloyd Photography by: ©Michael B. Lloyd Photography by: ©Michael B. Lloyd

 

But I also took a walk on the "Dark side" for the Battles to come!

Photography by: ©Michael B. Lloyd Photography by: ©Michael B. Lloyd

I  want to thank Michael Lloyd of LloydsStudio.com who will be blogging about our meeting soon.

Thanks for your help all!

Rick Schwartz

Voting Ends in Less than 1 Hour. Thousands of Votes Cast!

Evening folks!!

If I told you that we had record voting today it would be an understatement. There have already been more votes cast today than the 2 previous RECORD years combined and maybe all the other years added together. Our 10th annual awards are a great success because they are YOUR CHOICES. There are THOUSANDS of votes to count. It has been quite overwhelming. Congrats to all. WELL DONE!!!!

Rick Schwartz

Spammers Make $200 MILLION a year on Facebook!

Afternoon Folks!!

Spammers Make $200 MILLION a year on Facebook!  That is VERY big news. That is something folks can get their heads around and that is just one little turbine of Facebook. This is the tip of an iceberg of the riches that Facebook has locked up in it  and right now leaking. That $200 Million number is from a Forbes.com article here. So it is not something I am making up and it is probably on the low side.

As you may know I am not a big Facebook fan. Never have been. But I have invested in the stock because I am watching the behavior of many folks. Females are HOOKED!! I see proof of this all day long and a growing percent of men along with them. HOOKED!

Now at first blush you may think this is a negative article. And it is. But not for many f us. It is educating people on traffic. The more they know about traffic is the more targeted they will try to get and ALL paths lead to the Domain Industry. That's a good thing. PURE traffic. Unfiltered. Not spammed. PURE as the driven snow. That has GREAT VALUE!

"That traffic can then be monetised. To a page showing Adsense for example, or to a YouTube video that is carrying ads. Or more often to a page selling some tchotchke and given enough traffic being sent there will be some sales meaning some profit. Once those pages are set up, once they’ve got say 30,000 likes, then they are likely to turn up in timelines and that’s the point at which the spammers can start selling those links:"

“The spam posters get paid an average of $13 per post, for pages that have around 30,000 fans, up to an average of $58 to post on pages with more than 100,000 fans,” De Micheli told the Guardian. “If we consider these two as extremes, the pages we analysed generate a revenue of 18,000 posts per day, times the revenue per post – ranging from $13 to $58 – 365 days a year.”

"That gives a range for the spammers’ earnings of between $87m and $390m – but when they took into account the number of fans of the pages, the weighted average was just over $200m annually."

Forbes.com article here

Rick Schwartz

My Fastest Growing Domain….Now Growing even Faster!

Morning Folks!!

in June I discussed my fastest growing domain name right here. At that time it had hit 10,000 daily uniques. When I checked today and over the past 30 days, the traffic is now averaging 14,000 a day and earnings are of course increasing as well. It's a noticeable change and in a very short amount of time. The trend seems to be accelerating. Just a very pleasant surprise in an era where pleasant surprises are not exactly common. It's not my #2 $$$ earner....yet, but it is my #2 in terms of daily traffic and the earnings are still substantial.

Rick Schwartz

Thousands of New Jobs and New Faces Coming to the Domain Industry

Morning Folks!!

You can see this coming a year away and you best be prepared for what is coming.

With close to 1000 new gTLD's to be sold and marketed they are all going to have to man their ships and that means collectively hiring THOUSANDS of people. Going to be very interesting how this all plays out . But make no mistake about it, within a year we are going to see a massive change in our small community. For starters, it is no longer going to be small. And it will be VERY different.

Some of you reading this will end up working for some of these companies. But please take a moment to imagine  what this will all look like and how that will change the industry we are in.Much will be good and much will not. You will have a full-time job just sorting out all that is coming.

Whether  you believe the gTLD's are going to fly or not there is going to be HUGE opportunity. It may or may not come in the way of investing in domains. The opportunities may look different. I invite ever new extension owner to come here and tell us what they see. What their vision is and why. I am more likely to buy into an extension that is well thought out and supported than one that is not. Just sayin'.

A crowded field is coming and some folks will be desperate. The delays are VERY costly. Each day that passes costs money. Weeks that pass cost more. But now we are talking months and I would not be surprised if it turned into a year or more or something very unexpected happens that plunges this entire thing into turmoil. Like a complete Clusterf*ck. Even Clusterf*cks can make you money or present great opportunity.

Rick Schwartz