Morning Folks!!
I get asked for valuations on domains on a daily basis. Multiple times. Sorry folks, that’s one thing I don’t do. I don’t do valuations. However, I am starting to call out Pigeon Shit domains when I am asked in public.
I don’t even do valuations on my own names for the most part. Why? First of all the value of a domain name is extremely fluid. Possibly more fluid than any asset or investment I’ve ever seen in my lifetime. I decide on valuation at the time of inquiry.
But more importantly, it’s not my job and I don’t want that job. As I have stated many times before, I have two buckets when it comes to domains. Domains that have potential great value and domains that have no value and never will. So simple!!!
Once it makes it into the value bucket, then I weigh the possibilities and probabilities of that happening. Is it a clearly stated domain that meets all of the criteria that I have been posting about these last few days with these blog posts? It Has to filter through those benchmarks for me to put it in the first bucket of value.
Now let’s be clear, only a few go into the valuation bucket. Thousands and thousands going to the bucket of pigeon shit. The bucket that has no value. Liabilities are not assets. They are BILLS!!
But if I can collect a few in the valuation bucket, which is not easy to do by the way if you’re doing it the right way, then you sift through those and see which one might be the one above the others. So focus on the top domain in the valuation bucket and if you can afford all of them, you can buy all of them. If you can’t afford them all just pick the one that has the most value and the most versatility. But it MUST meet the basic criteria I have laid out. If you’re not meeting all or most of the criteria you’re simply on the wrong path. Here's my valuation for domains that DON'T meet my criteria......-$9/year. Just take 9 dollars out f your wallet and toss it.
Domains are taking their rightful place in the Internet ecosystem as we speak. It took a long damn time! Around 35 years and we’re still a ways away from the price but boy are we getting close!!
I have said this for many many years, decades in fact. We are the land barons of the 21st-century. If you did your job well, we hold the most valuable real estate ever known to mankind. The only thing between the potential valuation and today’s valuation is time. We all have to be sensitive to time however being sensitive to time does not mean giving away unique assets for lowball price is.
Links to related articles:
https://www.ricksblog.com/2021/02/i-dont-sell-domains-i-interview-potential-suitors/#.YCfwHy1h0Ss
https://www.ricksblog.com/2021/02/domainkings-10-step-guide-to-selling-domain-names/#.YCfwTy1h0Ss
If you get thru these 5 articles and still don't have a grasp for domains, or don't find anything of value or you simply dismiss it all, then enjoy your journey to nowhere. Sad but true!! Off-course and lost in space. Good luck with a soft-landing!.
Rick Schwartz
Emeka
Well said Rick.Thank you
@AC
I’m glad that you are writing new posts every day. Really enjoy reading. Straight to the point. Thank you.
Andrew
All great articles linked above and enjoy your candid tack.
Best tag line:
A Good Domain Name is easy to remember.
A GREAT Domain Name is hard to forget!
J.R.
Too many play the pigeon shit quantity game.
What is the point of having 1k,5K, or 10K of pigeon shit URLs?
I’d rather have 1 or 2 premium dot-Com domain names than $8K in annual renewal fees.
Jeff Schneider
Hello Rick,
Cryptos to be regulated (Soon).
Elon Musk, along with Jack Ma, are fans of Cryptos. Monkey see monkey do. Tech. Analysts are NOT Financial Instrument Experts. (Avoid the coming Crypto Carnage)
We smell a London Whale event ahead. JAS 2/15/2021
Gratefully, Jeff Schneider (CONTACT GROUP)
We don’t Follow, We Create
Bill Roy
Just watched two YouTube videos from 2013 that seem to be extremely relevant.
1) “gTLD Madness! Team Schilling vs Team Schwartz, Part I” (Link: https://www.youtube.com/watch?v=bSSq_9rYWY0&t=1s )
2) “gTLD Madness! Team Schilling vs Team Schwartz, Part II” (Link: https://www.youtube.com/watch?v=izsxteuqhv8 )
jeff schneider
Hello Bill,
We all know now the Real winner was Rick Schwartz by a landslide. Franky would have been better off following Ricks example. Rick thereafter proceeded to add to his (.com EPA)
portfolio, which we assure you will be record setting.
JAS 2/15/2021
Gratefully, Jeff Schneider (CONTACT GROUP)
We don’t Follow, We Create
Bill Roy
Hello Jeff, I think both at the time as well as now Rick won. :)
Jeff Schneider
Hello Bill,
Many followers of the (Contact Group) have been observing and analyzing Both the King And Franky for 20 plus years. Franky was the New young lion back in the day and came late to the domaining Industry. He came in with the Mind set that he knew more than anyone. What this brash young lion met up with was a Mature Wise Tiger ( Rick Schwartz ). Rick had laid the groundwork for our industry and in our opinion Dominated the Realm, as he still does today.In short Franky got his ass handed to him.
So Franky then decides to be Googles Poster Boy in pushing out G’s and other Strategically inferior TLD extensions, so that Google could swell their subscriber base. The rest is Ugly documented history for those willing to research this. JAS 2/16/2021
Gratefully, Jeff Schneider (CONTACT GROUP) We don’t Follow, We Create
Rick Schwartz
Just for the record…..I love Frank. He is the most successful domain investor of all time. He just took a slightly different path. But Frank is a friend and we just disagreed on gTLD’s.
The industry is fortunate to be able to watch that debate 8 years later. Passions were high as they should be. But always respectful.
Jeff Schneider
Hello Rick,
Thanks for clarifying the situation. We for one cannot forgive Franky’s Collaboration with Google, that is helping destroy thousands of New online businesses chances for survival. NOT Morally Acceptable in our opinion. JAS 2/16/2021
Gratefully, Jeff Schneider (CONTACT GROUP) We don’t Follow, We Create
Jeff Schneider
Hello again Rick,
We see lots of money flowing out of G’s and Cryptos looking for a sure bet like (.com EPA’S) The Mother of all Tax Shelters. Bet on it ! JAS 2/16/2021 Gratefully, Jeff Schneider (CONTACT GROUP) We don’t Follow, We Create
Jeff Schneider
Hello Rick,
We decided early on to not get involved with this New Shiny Object (ClubHouse). We are all easily baffled by Bull Shit.
Somethings just don’t smell right. During a time of capitulation on the horizon picking up dramatically, We all can easily connect all the dots. Avoid these shiny objects or pull away from this gambling table .JAS 2/17/2021 Gratefully, Jeff Schneider (CONTACT GROUP) We don’t Follow, We Create
Jeff Schneider
Hello Rick,
For the time being our Intelligence Comment Reports, will only be released here. Until further notice We are going Silent with our most sensitive releases. That includes Linkedin JAS
Jeff Schneider
Hello Rick,
We are all experiencing the beginning of the largest transfer of wealth in our nations history.We believe this will span 2021-2026 JAS 3/4 2021
https://www.linkedin.com/pulse/mother-all-tax-shelters-really-jeff-schneider/
Gratefully Jeff Schneider (CONTACT GROUP)
Jeff Schneider
Hello Rick,
We see an avalanche of money pouring into (.com EPA’s) over the next 5 years. This is the sweet spot of the Really Smart Money.Institutions are duly informed and will be moving more aggressively. This is NOT Fickle Money, we are talking about here! JAS 3/4/2021
Gratefully, Jeff Schneider (CONTACT GROUP)
We don’t Follow, We Create
jeff schneider
Hello Rick,
GoDaddy has a treasure trove of (.com EPA’s) They will be a big part of controlling (.com EPA’s) Valuations. Watch for them to ReBrand and start leveraging their (.com EPA’s) to their advantage. JAS 3/4/2021
Gratefully, Jeff Schneider (CONTACT GROUP)
We don’t Follow, We Create
Jeff Schneider
Hello Rick,
The Pros are closing out their long equity positions, steadily on any strength from here on out. There is a 999.99% probability We are in a Marketing Top. Sell all equities and trade Up into (.com EPA’s)JAS 3/4/2021
Gratefully, Jeff Schneider (CONTACT GROUP)
We don’t Follow, We Create
Jeff Schneider
Hello Rick,
Targeted (.com EPA’s) have just been upgraded to AGGRESSIVE BUY. JAS 3/4/2021
See: https://www.yahoo.com/finance/news/google-ads-user-data-tracking-cookies-144445173.html
Jeff Schneider
Hello Rick,
Crypto ALERT , There are some crazy hedge fund managers who are foolishly buying cryptos as a hedge=insurance. We sense a London Whale type affair only much worse. JAS 3/6/2021
Gratefully, Jeff Schneider (CONTACT GROUP)
We don’t Follow, We Create
jeff schneider
Hello Rick,
We are slightly, frustrated for most domainers who mistakenly think Quantity not quality is going to propel their dreams. We say this because right now in this first wave, is the perfect timing to blow out all crap extensions and buy maybe 1-5 Bonafide (.com EPA’s).
Our next statement will shock most Technicians, but there is no traditional top to (.com EPA’s) Valuations. These Strategic Platforms will simply be rotated from one Target Industry to another. Perpetual Demand is a foreign concept to most investors.They cannot get their heads wrapped around the concept. Those that follow your advice will be long term winners. Our advice take ricks advice and also do your homework and absorb and read the 4-5 links above for basing your decisions. Good Luck! JAS 3/7/2021
Gratefully, Jeff Schneider (CONTACT GROUP)
We don’t Follow ,We Create
jeff schneider
Hello Rick,
We thought this article We authored, would be a good primer for those interested. See:https://www.linkedin.com/pulse/googles-ugly-history-destroying-capital-formation-u-equity-schneider/
Gratefully and respectfuully, Jeff Schneider (CONTACT GROUP)
We don’t Follow, We Create
jeff schneider
Hello Rick,
When selling Intangible Assets, A KEY technique Brokers need to learn,is to never ask the interested buyer (What do you Think) No NO NO.
Ask the prospect(How do you Feel) then SHUT UP! Let them tell you what their needs and ideas are. Probe for their needs, and then fulfill them with interesting story examples.The sale then often becomes a collaboration with them, and they open up.The sale will happen often on your terms and theirs. MAGIC
JAS
Gratefully and Respectfully, Jeff Schneider (CONTACT GROUP)
We don’t Follow,We Create
Jeff Schneider
Hello Rick,
In our opinion, all brokers should access the wealth of knowledge contained in RicksBlog.com Archives. If more people start to Emulate Ricks examples and techniques
those 1-2k offers would turn into 50K+ easily. JAS
Gratefully and Respectfully, Jeff Schneider (CONTACT GROUP)
We don’t Follow, We Create
jeff schneider
Hello Rick,
Sell All remaining shares of BABA for an unheard of rate of ROI. Reco’d at mid 60$ a share. Congratulations most everybody got back 4x+ their initial investment. JAS 3/16/2021
Gratefully and respectfully, Jeff Schneider (CONTACT GROUP)
Metal Tiger
Jeff Schneider
Hello Rick, We think you should know our Hands off policy towards Cryptos. We are entering the most speculative part of a buying frenzy of highly questionable New Financial instruments.The landscape is cluttered with the newest, HOT Virtual Reality type Assets with no guarantees, they will be around as long as there are loser mentality minds to throw at this Sacrificial Alter. JAS 4/13/2021 Gratefully and Respectfully, Jeff Schneider (CONTACT GROUP} Metal Tiger, Former ( Rockefeller I.B.E.C. Marketing Analyst/Strategist) (Licensed C.B.O.E. Commodity Hedge Strategist) ( Domain Master) ( UseBiz.com )
Jeff Schneider
Hello Rick,
Would you or anyone else consider a corporation Patriotic, that has decimated our Equity Infrastructure ?
Google has destroyed 1000s of Start-Ups. We used to be the leading creator of Equity Infrastructure in the world before Google came along and destroyed our Global leadership Position. JAS 4/172021
Gratefully and Respectfully, Jeff Schneider (CONTACT GROUP} Metal Tiger, Former ( Rockefeller I.B.E.C. Marketing Analyst/Strategist) (Licensed C.B.O.E. Commodity Hedge Strategist) ( Domain Master) ( UseBiz.com )
Jeff Schneider
Hello Rick,
We are going to 100% probability of currently forming a market top in equities. This Bull will be over ,any day now. JAS 4/19/2021
Gratefully and Respectfully, Jeff Schneider (CONTACT GROUP} Metal Tiger, Former ( Rockefeller I.B.E.C. Marketing Analyst/Strategist) (Licensed C.B.O.E. Commodity Hedge Strategist) ( Domain Master) ( UseBiz.com )