Morning Folks!!
Next week the buyer of one of my domains will be issuing a Press Release about another domain sale that has just been completed. Another deal that included some equity as well as the $$$ upfront for the domain. This was my original 1995 vision. Been a tough road to get here and I still have a long road to plow. Today we are only talking single digit equity. But in time that will turn to 10% and on the way to even higher percentages.
On the first of July I received my first dividend check from the Candy.com deal. I love being part of and sharing in their success. To me this is the way with the least headwinds and possible greatest rewards. While it was not my biggest check ever, it certainly was my sweetest as another theory turns into reality. It is not a mini site or a mini business or a parked page. It is the seeds of the future. The way to do business when you focus on quality and focus on future need. Having 2% each of 100 businesses sounds like a solid but simple business plan to me. Some will hate that. But in time my domains will yield hundreds of businesses with growing percentages of equity and endless income.
That formula allows me to do whatever with my life and time. Cruise control. The fruits without the bitterness and ordeal of day to day business headaches. That allows me to focus on other things. New things……..or nothing at all.
Have a GREAT Day!
Rick Schwartz
