My Thoughts after More than a Dozen DomainSherpa.com Review Episodes

Morning Folks!!

So I really enjoy doing the DomainSherpa.com shows that comes out on Thursday mornings. It is one thing to sit behind a keyboard and punch out words and thoughts but it adds a dimension when you can see who we are and how we approach things.  Not everything translates well in words. Powerful as they are.

If you have watched any of the episodes, you will see while we agree a lot, we often times disagree. I like disagreement because I usually learn something I did not think about. Or sometimes I have thought a great deal about something that others have not.

I hope folks are getting something out of what we are doing and hope it helps them to focus on acquiring better domain names. The entire panel is qualified and they are smart businessman besides.  They are all friends and good guys and as you see we have a good time too. Plus, we are brutally honest and opinionated.

Anyway's, I had never written about the show and decided just to start a little conversation and hope you have seen some and hope you like what we are doing.

Rick Schwartz

Seth Godin, The Single Best, Most Valuable Blog on the Internet

Morning Folks!!

There are a lot of very good blogs out there. But the one that never wastes my time, always has something important to offer, is an education in and of itself is Seth Godin's Blog. He's been around for years and most folks reading this know of his blog. For those that don't, he should be on your reading list.

Seth always gets right to the point and the point is almost always immediately useful. It's PURE GOLD!! And it is EVERY single day!

I wrote a post that I did not post yet. I think the main point of it and life is that if you approach things from the wrong way, the wrong attitude, the wrong side, then your chance of success is very low. Approach with a good attitude and a strong desire and your chance of success is great.

A recent post he made is about trust and word of mouth. Something many need to pay great attention to. He explains each and every point below. All valid. All proven. All inclusive.

"How is it that someone sees your website or your social media presence or your email and decides to interact? The decision to interact happens before someone actually listens to what you have to say. Here’s a way to think about the factors that kick in before the browser even hears what you have to offer them today:"


  • Word of mouth

  • Direct interaction

  • Graphics

  • Tone of voice

  • Offer

  • Size of leap

  • Fear

  • Social ranking/metric

  • Tribal affiliation

  • Perception of transparency

  • Longevity

  • Mass acceptance


If you are not reading his blog each day, you may be starting off on the wrong foot. It's pure and I have yet to see

Rick Schwartz

 

Why the Forbes.com Article is PHONY and is FALSE!

Morning Folks!!

I am going to take a moment to completely show that the Forbes.com article was FALSE! Not only is it false as I started to write about here, unless it is corrected, we know they could care less about FACTS! And today we have facts. I think Berkens may have covered it here on his take about this misleading and FALSE article when he took the author to the woodshed.

So, the FACT of the matter is the article revolves around this table below to show how domain values are going down. Well this table is FALSE! It is a lie. It is not factual. Let's start with the #1 VacationRentals.com for $35 Million. They bought a BUSINESS for $35 million. They did not buy a DOMAIN for $35 Million. Now it would be good for us if in fact it was a $35 million domain sale. But it was not. It is FALSE. I have PROOF. So I EXPECT Forbes.com and Ms. Jacobs to set the reord straight. Unless PROPAGANDA is their new way of reporting.

10-domain-names-table-300x285

Here is the QUOTE from the seller of the BUSINESS:

Hi Rick,

What's interesting to me is Jeff and I owned vacationrentals.com and we did sell it But, it was not just a domain name but a full on business earning revenue daily.

We built the business and ran it for 4-5 years with our partners from media insights until we sold it to Home Away.

The article makes it sound like vacationrentals.com was just a domain name. They forgot to mention we built it up and worked very hard for years on it and it was making around 3 million before we sold it.  Amazing how they can write an article without the knowledge needed to write it.

Don Orr

iventure

So the entire premise of her "Article" is built on a false foundation.  It's a FAKE!!!

Lazy? Agenda driven? Short of time? I don't know and I DON'T CARE!

What I do know is if she does not CHOOSE to set the record straight and write an article that is based on FACT, then Forbes.com has been marginalized. It show Forbes.com does not care about SETTING THE RECORD STRAIGHT! It spreads false information to fit an agenda. That is called "propaganda". Not very cool for a Capitalistic publication.

I believe if Steve Forbes saw this he would be SHOCKED!

Now, let's go to Insure.com.

NO! Let's not.

Let Ms. Jacobs do the research she should have done FIRST and then take another stab at getting it right. I am not paid for this, she is.

I have invited her to be at TRAFFIC as my guest. I have invited her to set the record straight and take responsibility for the sloppy and FALSE article based on anything other than FACT! Sorry, but she has done a great disservice to Forbes and the way to fix that is to fix it.

We really appreciate her looking at our industry, but please, me asking a Senior Editor for Forbes.com to set the record straight is not too much to ask. Like I said, we had a cordial conversation, but she got her facts wrong.

Now I don't have as much ink as Forbes.com, but I can certainly use the ink I have to circulate the FACTS and call out somebody that should know to do a better job. And I have. And I will continue until I see FACTS!

Ms. Jacobs, I can give you Mr. Orr's email addy and you can check yourself. Do FACTS matter with Forbes is the only question? You have a duty to set the record straight on behalf of the company that pays you or "Phony" is the keyword.

To quote Mr. Orr, "Amazing how they can write an article without the knowledge needed to write it."

and btw, had Forbes spent a few minutes digging they would have discovered that more 7 figure domain name sales have been done in the second half of 2013 than any other 6 month period in history. Matter of FACT, more than some previous years in total and combined. And those are just the KNOWN sales. Maybe call Escrow.com and ask them about the unreported ones.

You don't have to write what I want or even agree, but if you want to restore your credibility as a journalist and not harm the company you are a Senior Editor for, then you must at least stand back and ask if you have been objective given all your misinformation in the story that many have taken you to task over.

I am passing along this blog post to the actual editor of Forbes as well. The editor is also responsible for those under him/her to hold their ther editors to a higher standard than this! I expect more from Forbes and so should they!

Rick Schwartz


My Job is to Pick the Winners. First, Second, Third. Do the Others Really Matter? Really??

Morning Folks!!

With hundreds of new extensions coming out the noise will be very loud. Too loud for me to even respond as we soon will be overwhelmed with hype, ads, press releases and a host of things that will make your head spin. Some will be very good and creative, many will be pretty lame as evidenced HERE!

And this is the stuff I am talking about as one gTLD stumble can hurt more than just that particular extension. This video is so lame it has the POWER to hurt more than just them. The message I got, if you want to be a faker or a wannabee then .CEO will make you a make-believe big shot. Sorry, that hurt the extension. It marginalized the seriousness and effectiveness. It was a disaster. But I am sure they are all high-fiving each other over there while the rest of us shake our heads.

So I guess I just inadvertently reviewed .CEO. Won't make friends there. But I am never going to sellout what I believe from what folks want to hear. They all get to prove me wrong. That is what selling is about. 100 people come into a room and think just like me. THEIR JOB IS To PERSUADE! The problem is many will get angry instead of using the art of persuasion and they automatically LOSE!

The 100 are not their enemy. They need to be convinced. But you must convince with FACT. The minute you use BULLSHIT or make things up to convince, game over. Better load another 100 in the room and try again because that room has been tainted. So if you do the same thing, you get the same result. Do you think that makes it harder or easier for the next guy? Want to be the last guy to pitch the audience? They may have your head on a stake by then.

This illustrates how each new extension OWNS the bullshit and the lies of the others gtld folks. Sorry, may not be fair, but it is what it is. If you have not factored that into your equation. OH WELL!!

700-1000 extensions each must sell. But it is not our job to buy what each sells. Even if they are our friends. This is not Girl Scout Cookie buying. This is deciding where to put our investment dollars to be safe and to grow. My job is to focus on the winners. But even winners are runner-ups. Not to .com but to a category called "Other". They will ALL reside in "Other" and will share it with HUNDREDS of "Others" for what could be decades before the FIRST one breaks out other than .web which will probably be the FIRST to break out and our job s to pick winners.

I don't have any .web interest. I have no reservations on .web domains. I have never spoken to anyone at .web. I have no plans to register any .web domains. I am simply handicapping the race. And if folks get pissed at my handicapping, so be it. I only want to focus on the winners. The top 3. The top 10. The top DOG!

Of course I could become a 6 or 7 figure whore for one of them. lol. But at least I would come here and say so. I would not hide it.

My job/your job as an investor is to figure out the 1, 2 or 3 that MIGHT break through and break out of "Other".

It IS about picking the winners. The THREE extensions out of 1000 that will lead the pack. Why would anyone GAMBLE with the other 997? The return keeps getting exponentially SMALLER, not larger. The top 3 might already be gambles. Why would anyone want to make the odds of success smaller and smaller and smaller? Value is proportionate to size of audience among several other factors. No audience, no value, no nothing.

I look at the price disparity between a .com domain and .whatever domain as it is today and with the exact same keyword. It's a 100-1 ratio in case after case. Same work. Sometimes the same level of investment when you learn to focus on FIRST.

Sometimes I really don't think folks understand numbers because they have to lie about them so often. They have to inflate them to have credibility. Make them up as they go along. That's blowing smoke up people's ass. Everyone reading this should get their bullshit meter inspected before the noise makes it impossible to calibrate.

So hundreds hawking these extensions will be of no interest. They can hawk. Some will buy. All will learn.

I ONLY want to focus on the top 3. Then we can debate if they will ever be meaningful. But the 997 that don't finish, first, second or third, may or may not have registry level success and that does not translate to investor success. Far from it.

It translates into great risk. Who wants to buy my .xxx today at 50% of what I paid? I already dropped most of them. Each year I have more information and I drop more. That is on EVERY extension.

So, clearly as a domain handicapper at this point .web has the best chance to win the race. There is not even a close second. I see this as the ONLY viable extension that MAY breakout of "Other".

There may be room for a .club in the eco-system. But that may not qualify it for investment level. So .club may enjoy a "Registry success" but that does not automatically translate to an investor success. There will be some. But limited. VERY limited.

.App has a place and since .App is commercial and social I see that as possibly a better investment than .web. But it is still early in the race. And the chance of it getting out of "other" is remote.

.Blog again may have a place in the eco-system. Investment wise, not as good as .App the way I see the world. But of wider interest than .app.

If I see another extension come out of the gates I will come and state it. But as they are each announced, I don't have the time to focus on anything else other than perhaps the top 3 or the top 10. So far, I am just at 3.

First they all need to catch up to .mobi.

Second, I think they have some obstacles in the form of .Me, .Co, .TV, .Info and even .US because each will get a second look. I see these competing for those top 10 slots besides the other top 7 new gTLD's.

Rick Schwartz

 

 

TRAFFIC Auction to Share Names of Deadbeat Sellers. Are Mark Sokol and Pete Best Deadbeat Domainers?

Morning Folks!!

Starting TODAY,  TRAFFIC will share the names of folks that signed contracts to sell domains and did not fulfil their obligations as well as bidders that don't fulfil their obligations by paying for domains they bid on and won.

I am personally calling on ALL auction houses to start sharing this information IMMEDIATELY. Not doing so continues to allow these dead beats to do what they do.

In this case the domain is MagicChannel.com and was SOLD to Chad Folkening of ecorp.com but the seller, Mark Sokol of BestBanking.com and Registrant/Reseller Pete Best have refused to answer a single email since TRAFFIC about closing this deal. Not a single email. By Escrow.com, by Howard, by me, by Chad. RADIO SILENCE!

So now we do it my way. I don't like DEADBEATS.

If you know these potential DEADBEATS, let them know about this post since I can't reach them by email.

I have axed Sokol from my Linkedin.

See Mark, I don't mess around with DEADBEATS like you and I TELL ALL MY FRIENDS that you waste people's TIME and MONEY and you are not a MAN of your word and your SIGNATURE means nothing and is worthless.

And for your FRIENDS that don't like my style, I am into RESULTS not being stylistic! You EARNED THIS!

Know a DEADBEAT Domainer? List them RIGHT HERE! RIGHT NOW! Let's start a database!

Domain Name: MAGICCHANNEL.COM
Registry Domain ID:
Registrar WHOIS Server: whois.tucows.com
Registrar URL: http://tucowsdomains.com
Updated Date: 2013-11-17 07:26:30
Creation Date: 2000-11-20 13:43:00
Registrar Registration Expiration Date: 2014-11-20 13:43:00
Registrar: TUCOWS, INC.
Registrar IANA ID: 69
Registrar Abuse Contact Email:
Registrar Abuse Contact Phone:
Reseller: Peter Best, Jr.
Reseller: Email Masking Image@comcast.net
Reseller: +1.0000000000
Domain Status: clientTransferProhibited
Domain Status: clientUpdateProhibited
Registry Registrant ID:
Registrant Name: Contact Privacy Inc. Customer 0119029712
Registrant Organization: Contact Privacy Inc. Customer 0119029712
Registrant Street: 96 Mowat Ave
Registrant City: Toronto
Registrant State/Province: ON
Registrant Postal Code: M6K 3M1
Registrant Country: CA
Registrant Phone: +1.4165385457
Registrant Phone Ext:
Registrant Fax:
Registrant Fax Ext:
Registrant Email: Email Masking Image@contactprivacy.com
Registry Admin ID:
Admin Name: Contact Privacy Inc. Customer 0119029712
Admin Organization: Contact Privacy Inc. Customer 0119029712
Admin Street: 96 Mowat Ave
Admin City: Toronto
Admin State/Province: ON
Admin Postal Code: M6K 3M1
Admin Country: CA
Admin Phone: +1.4165385457
Admin Phone Ext:
Admin Fax:
Admin Fax Ext:
Admin Email: Email Masking Image@contactprivacy.com
Registry Tech ID:
Tech Name: Contact Privacy Inc. Customer 0119029712
Tech Organization: Contact Privacy Inc. Customer 0119029712
Tech Street: 96 Mowat Ave
Tech City: Toronto
Tech State/Province: ON
Tech Postal Code: M6K 3M1
Tech Country: CA
Tech Phone: +1.4165385457
Tech Phone Ext:
Tech Fax:
Tech Fax Ext:
Tech Email: Email Masking Image@contactprivacy.com
Name Server: NS1.DEVHUB.COM
Name Server: NS2.DEVHUB.COM

My No Nonsense Responses to Forbes.com and the World. Updated

Morning Folks!!

I can't even describe the high as I began to read the Forbes.com article last night. Then without notice I got sucker punched when I was referred to as a "Domain Squatter".  I was more than outraged. I was body slammed but I was not knocked out.

I thought we had passed that point of jealousy. But I got thrown back right into 1996 and that forum about mobile home and real estate flipping. They removed my comments as fast as I could write them. My crime? Showing a new type of real estate that would provide them with more money and a quicker way to do business.

But the biggest surprise of all is that this was coming from Forbes.com. The leading Capitaistic publication in the world. Outragreous!  I am reading this and wondering whose agenda is this? What would motivate this? The contradictions make no sense. They did not just present 2 sides, they presented something that did not add up.

So while we have not come as far as I would have thought, hoped, dreamed, it is still 2 years 1 month and 3 days until that 20 year mark. The time I believed it would take to change how this medium is viewed and why the .com address would increase in value faster than any other asset class in the history of mankind. A bold premise! A crazy timeline. But it would take all those years to change the thinking. And as you see with that article, we still have work to do. And while we are on the threshold of 20 years, we are not there yet. The landing gear is not down. But we are in contact with the control tower. We are in the gravitational pull of where this is all heading.

The gTLD "Booster Rocket" is just that. A Booster Rocket. What that means is that it propels the main ship (.com) to the destination while the booster rocket part falls back to earth as we have seen over the past 50 years on TV with every launch.

 

Comment #1

Excuse me,
But I invested many millions of dollars into an uproven medium called the Internet and I am NOT a “Domain Squatter”! I may be a homesteader, a risk taker, a gambler, but not a squatter and you should update your article accordingly.

Is Donald Trump a land squatter?
Bet you call him that and you would hear from his people pretty fast.

It is called CAPITALISM and that is something that Forbes is supposed to champion!

When I bought Porno.com for $42,000 people thought I was insane. That is not squatting. That is pure capitalism.

 

Comment #2

Squatter: a person who unlawfully occupies an uninhabited building or unused land.

So PLEASE update your story as you are implying I have done something unlawful and that is damaging to my reputation. And it is not accurate!

Occupy Wall Street, THAT is what a squatter is. I am a capitalist. An opportunist. Something that I should not have to defend on FORBES.COM of all places!!

 

Comment #3

And when Steve Forbes himself came to talk to the DOMAIN INDUSTRY at the T.R.A.F.F.I.C. domain conference I co-produce in 2007, he thought those that thought we were squatters were ignorant of what being an entrepreneur is all about.

btw, when I sold candy.com you failed to mention I still retain 10% of the company and get a 1.5% royalty for every item that goes out the door. That might be important information for your readers to know.

And yes I am a college dropout. That does not make me stupid. Last time I looked, I was in pretty good company. I even know what a squatter is and what a squatter isn’t.

I paid $750,000 for Property.com, how does that make me a squatter? That is outrageous coming from Forbes.com

I paid MANY millions for the domains I OWN! I outbid others just like some did last night. You just called them all squatters!

If I had domains with infringing trademarks that I was profiting from, then you would be on the right track. Generic domains like Candy.com, property.com and the 5998 others I own do not infringe on anyone.

 

Comment#4

I just saw the author is a a lawyer and journalist. And you would think she would know better than to refer to me in this disparaging and negative manner in an international publication like Forbes.com: “Domain name squatters like Schwartz”

NONSENSE!!

I bought domains LEGALLY, open to anyone and no other person on the planet wanted them out of 7 BILLION and it paid off. And will pay off for the rest of my life. Or I was the highest bidder. Neither of which would in any way, shape or form make me any more of a squatter than Donald Trump or any other property owner in the USA.

Ms. Jacobs, I am no squatter! I think you must correct and update the story and set the record straight.

 

Comment #5

And lastly,
Your entire article is based on false information you are giving your readers that the value of domain names are going down. Sorry, they are more like Manhattan Real Estate. Up, up, up.

Why don’t you tell them that the aftermarket on domains in 2013 broke ALL previous years sales records and we still have what may be the #1 month of the year to go?

Tell them that while the housing market was crashing that generic dotcom domain names were going up or fairly stable. That everyday many people are making loads of money by buying and selling domains like they flip real estate and are not squatters nor are they squatting. They are doing what has been done for HUNDREDS of years.

Tell them how all the hotel chains missed Hotels.com and how they have to pay millions a year to get reservations that they could have had first and FREE had they or anyone in their employment had the foresight to figure it out. They failed!

 

Comment #6

Thank you for taking out the reference about me being a squatter from your article.

I would like to point out one last fact.

According to Escrow.com at last Months T.R.A.F.F.I.C. Domain Industry Event, at least 2/3 of ALL domain sales are not reported by DNJournal.com. Most high value deals are never reported because of non-disclosure agreement.

Agreements that I have refused to sign over the years so that the REAL story about domain name investing could and would be told.

So the larger the sale, the less chance it would be public unless they are a public company and even then there are easy ways to hide what was paid.

In 2003 when I sold men.com for $1.3MM it made the news around the world. Was on CNN. Was everywhere. Fast forward to today and my $1.35 Million sale last month was hardly mentioned. Million dollar sales are common place with domains reported or not.

Today it is the $15MM-$20MM that would get the focus but again, according to Escrow.com just last month, those sales this year have not been made public. However since Escrow.com handles the transactions for many large deals, they do know and with some arm twisting, they shared with our audience.

.Com is the largest, most important and most powerful franchise the world has ever known. That is what should be covered. That a few letters with a .com tells folks anywhere in the world exactly how to contact you in various forms. It is the lifeline of most every business on the planet today. I have watched it grow from less than 5% to critical mass.

The ignorance by Madison Ave and Corp America during this time has been stunning! The misinformation even more so.

When I was born 60 years ago all the land was bought and I had no money. 500 years of squatters I guess! But the Internet gave real estate an entire new dimension. An entire new chance. I saw that parallel and I acted on it.

There is still plenty of opportunity in domain investing and I buy domains nearly every day of the week. Maybe I should go register IamNotaSquatter.com

The one thing I would hope comes from this….a real article about the important of domains based on facts that allows your readers to see what Steve Forbes himself saw when he spoke to our small but blossoming industry in 2007.

His video is somewhere on the targetedtraffic.com site so you can see EXACTLY what Steve Forbes himself believes about the legitimacy of what we do. And my 1999 erealestate.com is still in tact so you can measure just how many things I got right all those years ago.

 

Comment #7

Here is a short clip of Steve Forbes talking to or industry in 2007 along with a few others like Tom Gardner of the Motley Fool. Terry Jones of Travelocity.com and Kayak.

http://www.youtube.com/v/sQiAakhD03I?autoplay=1&rel=0&enablejsapi=1&playerapiid=ytplayer

 

Comment #8

“A pleasure to be around REAL entrepreneurs.”

A Direct quote from Steve Forbes as he addressed the Domain Industry during T.R.A.F.F.I.C. 2007 at the Westin Hotel in Hollywood, Florida.

 

Comment #9

And if the value of .com domains is going down, please explain how Procter and Gamble was CONVICTED of Reverse Domain Name Hijacking as indicated on HallofShame.com.

Take a look how these companies would RISK their reputations to STEAL a domain and not PAY for a domain.

Landrover/Jaguar too.

http://www.hallofshame.com

 

Comment #10

@Deborah
“Investors need to understand the huge risks of buying this highly illiquid asset.”

The house I own next door has been on the market since 2010. How liquid is that? 177 feet direct Intracoastal and 4500 ft. house, $2.18MM. Where is my buyer? The appraisal is higher than my asking price. Matter of fact, my asking price is land only and the remodeled house is free. So where is my liquidity there? Since I don’t NEED to sell, I can wait for the market to come to me. But liquid??

Folks that NEED to be liquid should have cash and stock. You don’t by real estate to be liquid. You don’t buy domains to be liquid. You buy to develop in the future or to hold until you want. It’s an investment and as a rule investments are less than liquid. If I invest in a start-up, how liquid is that?? Is there a cashier I can cash in whenever I want?

I am sorry, but your misconceotions of our industry is stunning. Mike Berkens left a comment with a very in depth article he wrote about this article on TheDomains.com. You really need to read it. I don’t agree with all of what he says, but there is no disagreement with over $1 Billion be invested in expanding this channel right now before we even get to advertising.

I would like to invite you to be my guest at T.R.A.F.F.I.C. in May at the Bellagio. I want you to see first hand what this industry is about. Talk to the men and women who range from age from 20-75. They come from over a dozen different countries and come from all types of different backgrounds.

You will find rag to riches stories that will make you cry.

If you wrote about the “Land Barons” you would look and treat us differently. Take a look at Forbes.com own article on land barons and then justify how you write about us.

Respect for one group, but you can’t see we are the land baron’s of this century? Really?

http://www.forbes.com/2010/06/14/ted-turner-john-malone-emmerson-business-billionaires-land.html

And the reason I bought so many millions of dollars of REAL real estate was that without concrete examples to point to, few would believe the success many have enjoyed.

This IS the real estate of the future and so may have flunked when it comes to understanding that.

Just name me one item in the history of mankind that increased in value faster than the domain name asset? PLEASE, name me one! Been asking for 18 years. Nobody has been able to answer that.

Gold took THOUSANDS of years to reach $1000/ounce.

 

Comment #11

btw,
Here is the link to the article I cited above from TheDomains.

http://www.thedomains.com/2013/11/23/the-only-thing-forbes-com-missed-about-the-domain-name-industry-is-the-billion-dollars-coming-into-it/

@Deborah, he took you to the wood shed. He did it with facts. It is hard to believe you read that and did not change how you view things. Or all these pretty respectful comments. Each making very strong points that will go unanswered.

http://www.thedomains.com/2013/11/23/the-only-thing-forbes-com-missed-about-the-domain-name-industry-is-the-billion-dollars-coming-into-it/

This is not new to us. We have been subjected to this type of thing for many years. But I think it is you and Forbes.com that NOW has an opportunity to change that.

With your editors, please go read and research the comments left. Factual comments. Not on emotion. Fact. And to be honest, that seems what reporting is coming down to Fact based vs emotion based. Personally I am guilty of both. But I am not a professional journalist either.

I do want to thank you for not censoring any of the comments. BRAVO!

I made a list yesterday of the 9 comments I left here in response.

http://www.ricksblog.com/2013/11/nonsense-responses-forbes-com-world/

And while we may joust, we do appreciate your article. Your readers and investors will decide. Thank you!!

 

Comment #12

Excuse me, I was the HARASSEE in that Saveme.com case. A 3rd party tried to STEAL my domain name by ABUSING the system and they got CAUGHT!

So today, these folks have to live with the consequences of Reverse Domain Name Hijacking and being caught and labeled by a 3 member panel.

Otherwise known as stealing. They were convicted of that by the presiding panel on the link you provided. There have only been a few dozen such cases EVER on the Internet.

And from that, you get this:

http://www.ricksblog.com/2012/06/marcio-mello-chaves-labled-a-reverse-domain-hijacker-in-savemecom-case/

And you get this:

http://www.hallofshame.com/about/

The “law firm” seems like it knowingly engaged in the reverse domain hijacking and they get to share the honor in their actions. All factual. Let the next law firm know that if they engage in this and drive the GETAWAY CAR, that they too get listed on HallofShame.com.

And tell why they should not? I am listening. Did the law firm ever disavow their actions? Apologize for their actions? Explain what they did wrong so they won’t do it again?

They never said a word in how many YEARS?? Not a single one of them have. That would take this thing called “Courage” and that is in short supply.


 

In Conclusion

I always look at these events as an opportunity. An opportunity to circulate the truth and facts about what we do and the things we have learned that few know. This could be our biggest opportunity yet and our job is to speak out and hope it hits the ears of the informed. But first we have to set the record straight!

Rick Schwartz

HallofShame.com to Add “Deadbeat Domainer Section”

Aftrenoon Folks!!

I have been getting more and more calls for me to expand HallofShame.com to include domainers that either put domains in an auction and do not honor the sale, bids at auction and do not fulfil their obligation and those that hire brokers to sell their domains and then refuse to pay them when they disregard their contracts that they entered into.

It is long overdue but I don't want to be the one that is judge and jury.

What I would like to do is have a 3 member panel of respected folks in the industry decide. So what say you? I can't and won't do it without industry support. On the other hand, not sure how the industry could not support outing those that are not to be trusted. Forget about contracts, your word should mean something. If it doesn't, I sure want to know before I fall victim. How about you?

There is an outcry for this and I can provide the platform. But just like hall of shame does not decide WIPO cases, we just KEEP SCORE.

That is why I think a 3 member panel would work best. We can have more than 3 in the rotation just like WIPO. But each decision could be made by a panel of 3.

Thoughts?

Rick Schwartz

The Summer/Fall 2015 Domain Name Crash

Morning Folks!!

So let's look at the coming time line for the gTLD's and what is likely to happen.

While sunrise periods are starting nothing counts until things open to the public and the cash registers are open for full business. So that is likely next summer and fall by the time things are in full swing. Not sure exactly when things will climax as the roll out takes 2 years.

The slip by one can hurt many and that could replay many times. A stumble by one. A scandal by another.  Who knows. But what I do know is that is will affect them all whether they like it or not.

No matter which way things shake out, the drop game is going to be the big winners. DomainShane and DomainPicks will have to have several daily editions  to even try to keep up. That calamity starts summer or fall 2015 and then continues for as far as the eye can see.  The drops will be dropping like flies and there will still be registries opening their doors in success or failure and those headwinds WILL have an effect.

Don't trip over the drops on the way to shangri-la.

You don't have to be some so-called visionary to see the obvious and plan for it and take advantage of it. This is a GUARANTEED EVENT regardless of the success or failure of any gtld.  GUARANTEED!

See if you see things the way I see things you can see events that are definite far out in the future and from those events you can be at an outcome before there is an outcome. Be at the beach before anyone arrives or even thinks of going.

You can also fill in the blanks in between the outcomes. That provides a roadmap and a timeline and you never break a sweat doing it.

There will be clues and evidence and successes and failures along the way. It is from those events you get to predict other events. But to do this you must discount the propaganda, the noise and the bogus and inflated sales sure to come. That which provides the BAIT for others to get sucked in.

And it will be those folks that will be trying to desperately get rid of their domains before the drop of 2015. The 80/20 rule in full swing and that number has the potential to be bent much, much higher. There are more and more domainers invested in the success of gtld's. There are thousands of jobs at stake. Tools to be sold. Things to write about.

The question is how will the consumer and business respond and participate. Without them, it has all the makings for a tulip festival and that would not be good for anyone reading this. Expansion is a great thing. Anyone bring any stop signs, traffic lights or exits?

Whichever side you come down on, follow your heart and beliefs. Bet on yourself. Don't listen to me or Monte or Frank or any blogger. Do your own due diligence. Be skeptical. Ask hard questions. Follow the numbers. Target without exempting the entire planet. You have a right when it comes to investing your hard-earned dollars because our futures are all at stake. The futures of our family. Our main job is to resist propaganda and insist on facts.

Rick Schwartz

Empirical Evidence at Odds with Fallacious gTLD Assumptions and Talking Points!

Morning Folks!!

Coming to the right conclusions with less information and doing it early. Isn't that what speculation is about?  Figuring it out early or first? I figured this out in 1996-1997 after starting in 1995 and each day I figure out a little more and I will never apologize for being first on a line. Or first to see something. Or first to take action. Or first to register a domain name. And anyone that would point to that as anything negative could only define themselves, not me.

Like I said, Berkens is my research department because he finds things FIRST. Newspapers are in business to be first. They want to break the story first.

In what I do, I want to find all the pitfalls first. It's the pitfalls that need attention and that is what I focus on. I tune out the blue sky talk totally as that is a trap for the naive. You only see the blue sky if you survive the tornado and storms they swear are not there.

The beginning, the end and the pitfalls along the trail. What else really matters? I don't care about the BS drama and lipstick along the way.

A pitfall can never be ignored. So they have to be addressed. But a pitfall can only be filled with an argument that is sound and holds water.

I have been making posts on ".whatever" for 2.5 years now. Dozens of posts with .whatever in the title and some 90 posts examining it from top to bottom. I thought about it for a long time before I ever wrote a single word and my main job sitting here is thinking and playing out different scenarios looking for answers.  Real answers. Not based on what I want, but based on the reality of what I see and the future as I see it unfolding. On the record for the record before it becomes commonplace.

And when I was doing that on Sunday I found......

Another argument that makes no sense.

On one side I am told by gtld companies that 5-6 billion people are yet to go online. And this huge expansion coming. ok, fine. Let's say I buy into that for the MOMENT since the buying power for about 3 billion of them is zilch. But leave that aside, their argument is for those 6 billion. So I will follow their yellow brick road.

Then a few  minutes later they say how they are going to leave .com as the market share gets all diluted and watered down. How does that make any sense when they just got through telling me about those 6 billion being added?? Which yellow brick road do they want me to walk down. Which one am I to believe? Because these 2 premises collide.  They very simply collide. They can't have it both ways.  So when you stick to the numbers, there is no room for bullshit like this.

I am in sales. These are arguments that don't hold water and they contradict themselves. Am I supposed to swallow this?

The facts of the matter are already there with other parallels for those that choose to look at them and understand them. Folks want to look at Las Vegas and their growth without looking at other places and their growth. But again, there was a REASON to go to Vegas. There was a need, there was a want and there was a desire for gambling and entertainment and hot chicks and booze. They were the only place you could go for legalized gaming in those days.

Now look. You have all types of states and countries doing the gaming and lottery and yes Las Vegas has collapsed right?????? Is that what horse shit I am supposed to swallow guys??

Macau, lotteries, indian casinos, islands, Reno, Lake Tahoe, Cruise Ships. Are you kidding me. HOW did that hurt Las Vegas?? It didn't and it made it even greater than it was. So your argument is not consistent with empirical evidence aka FACTS!

A rising tide lifts all boats. Thinking .com will go down in value or have less traffic is absolutely the nuttiest thing I have EVER heard. It goes against empirical evidence I just pointed to. Give that one up!

Ok?

I make points with evidence. And why would anyone even argue these points? It may work for folks that know nothing about domain names when you are raising funds, but this is nonsense inside the walls of this industry by folks that really should understand this all much better. They are coming to assumptions that are not backed up by examples of history. Like I keep on repeating now. Empirical Evidence. Las Vegas just the latest in a series proving the fallacy of this silly argument.

And we don't have to wait 20 years to see the winner. It will be evident each week on Ron Jackson's report. More Empirical Evidence. Not wishful thinking or a fallacious hypothesis. But past facts. The test holds true over and over and over again.

And just remember, most of the biggest deals are still not disclosed. Escrow.com started about 66% if my memory serves me correctly. And the bigger they are, the less chance they are disclosed. And even in a disclosure can be hidden as far as exact amount paid when you buy a company for their domain name.

Folks are free and welcome to speculate on anything they choose. Some will make money. Most will lose money. But selling on false assumptions and false arguments that are squarely against history is weak and I think does not help the position of those that use it. Hundreds of different sales strategies that are going to cause their own set of collisions.

Some are going to struggle desperately to stay above water.  Some are going to sink right to the very bottom. These are absolute givens. They are facts just awaiting time to confirm them. But in speculation you have to determine those facts BEFORE they are facts. But to do that, you must have the facts to begin with and the history to back it up. So when I am presented a false set of facts, based on false history, on the heels of .Mobi, .biz, .pro, .xxx, well then I have a RIGHT to raise these objections and questions and be on record and so do you.

I don't have to sell a thing, they do. But please raise the level of the conversation to match the reality at hand and the audience you are addressing. I would certainly be much more receptive to that level then some of the nonsense I am hearing. I do not wish for the failure of any extension. Quite the opposite. I root for their success. Their success is not a threat it is fuel. I am stunned that otherwise intelligent folks would see it like the glass is half full. The greatest success would have .com and many other extensions overflowing.

Look at my writings and you will see it is consistent with the rise in popularity of .tv. I think .tv will benefit from this. I don't see a single extension suffering. I see only expansion regardless of population. 7 billion people is not how you measure. You measure by companies and how many each of them will control. Companies at one time had one website. Now they have dozens or hundreds or thousands. THAT is the population I focus on. Those are the folks that can and will expand the most and the quickest. Many of them with decent budgets.

Why would anyone think that selling a win-lose concept comes out as a winning hand?? The world is about win-win. That is the way to get people's attention. Win-win. Show them a way to expand their online presence. Show them only positives. Anything built on negatives or false assumptions or fallacious information will eventually collapse.

And collapsing is different from failing because this is all 99.9% forseeable.

1234567890123 without any .com rings every phone in the world. there are a total of 9,999,999,999,999.

9.9 TRILLION combinations with those 13 digits. Maybe a few less actually. But in theory......

Now last time I looked you can go many times n=more than 13 digits before you add the .com. You can go to 63 I think it is. That pus a hole in their argument before I even start my argument and I can prove my argument with NUMBERS not EMOTION 63 different ways. I can have more combinations with the same 13 digits that ring every phone in the world. All I need to do is substitute one letter for a number. I can use just the letter "A" until with all the variables. Then "B" the "C". Then after I got to z I could start to use 2 letter variables. Then 3. Then all words that use up to 13 letters. Then I have not even mentioned dashes. Nor have I dsaid anything about 14 digit domain.

Smell the BULLSHIT?? There must be a math major here somewhere that can highlight what infinity might look like. I will admit, .com is NOT infinite. Tho for the purposes we use it for, it is. So please don't expect anyone with an ounce of sense to swallow bullshit. I just proved it and I barely scratched the surface. I could sit here every day for the next 20 years and I would not run out if examples when I hear we are running out of .com. Not sure if there is even a name for a number the size of what we are talking about.

Point is this is 100% fallacious. Pure and simple. What happens when I do it on a low-level like this, is the antenna goes up and you look for other fallacious arguments and you start to see a picture being developed. I am truly trying to save these folks from a Kodak moment when they go on the world stage. I think these things are poisoning the waters a bit and it is self-inflicted poison. Needless! They have stronger arguments. I hope!

Success for a gtld does not translate to anything bad for any of us. Between this post and yesterdays post, I just try to have a balanced approach and at the same time not listen to silly stuff and my job is to spotlight silly stuff so we can focus on the real subjects. Which are the extensions themselves, the adaptation by the MASSES, the reasons why without making the weak case that has been made.

.com is a phenomenon. The graph that Verisign released is another example of how hard this is going to be. STUDY that chart!! Look at the SLIVER they are all going to fight over. Wake me up when any of them get out of the "Other" category. Any of them. Registry success has nothing to do with our success.  The one that has the best chance is .web and it is no secret.

And as far as my 20 year plan and those trying to use that to cover them now. This is what I wrote as a comment on TheArtofTheName.com yesterday:

"To be honest. I could not put a 20 year plan together today given the circumstances today. The 20 year plan was for a unique moment in time. With a specific medium. That had specific parallels. And I put a time stamp until we hit critical mass. And it worked!!

I never had one before and I doubt I will ever have one again. People have to eat today with a vision of the future. But in this fast paced medium, 20 years is CRAZY! I focus on now and the 36 months in front of us as a rule and year to year as a basis for progress.

The Internet was a unique circumstance because it was the largest endeavor in the history of the world and I realized that and what the changes would look like in 2013.

But this is worse that Kool-Aid because it is laced with BS and many ignore the basic questions that are asked.

At the end of the day it will be content and consumer acceptance that decides. Not any of us. All we can do is bet on the eventual outcome."

You can see the video from T.R.A.F.F.I.C. There is no anger in the argument, there is just a disagreement among friends about where the road goes and I think their compass is not calibrated correctly. :-) The future will sort it out. They took out their wallets and are taking a risk. Bravo! The question is risk based on what? A question we get to ask when it comes to our wallets. Especially since it is hard if not impossible to point out past successes with similar products with less competition.

Rick Schwartz