Domain Articles

In depth articles on domains, the domain industry and how investors can get the most from their assets.

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Posted by on in Domain Industry
DomainFest Asia - not long now!

I’m really excited about attending DomainFest in Macau. Once again Jothan Frakes and the team have put together an incredible event that is attracting many domain luminaries as well as individuals that are new to the industry.

For those that don’t know, Macau is an old Portuguese colony about an hours’ boat ride from Hong Kong. It’s known as the Vegas of south-east Asia and includes many of the familiar hotels from that famous city….such as, The Venetian and the Wynn.

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It’s a short 9 hour flight for me to Hong Kong and when the event was announced I couldn’t resist attending. As well as this, I think that it was a stroke of genius to put a conference on only a couple of hours’ time zone change for me! How could I say no?

As soon as I signed-up Jothan tapped me on the shoulder for a few panels which I always enjoy. This industry has given so much to me, that like my blog, it’s one of the ways I like to give back. If you’re attending then be prepared for some sessions of in-depth analysis and insights into the domain industry.

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Tagged in: domainfest
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Saturday Musings - Thinking Outside the Box

I hear too many people moan and groan about their job, their family or their life. They often feel disempowered to make positive changes over their life. Let me whisper a little secret in your ear….you can change your circumstances for the better! You just need to think a little differently.

For example, let’s imagine that you love your job but can’t stand your boss. Each day you find yourself in two minds of whether to persevere or quit. Solution! Get your boss’s resume and hand it onto a head-hunter. Your boss will get a better job and with any luck you’ll get promoted! It’s only a matter of thinking a little differently.

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If you run a company then when was the last time you fired a painful customer? I remember I ran an Internet Service Providing business a number of years ago and our help desk was being driven insane but a painful customer. I got on the phone and politely told them that we couldn’t meet their level of service expectation and provided a list of three competitors.

They responded by saying, “You know your competitors don’t help customers the way you do!”

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Tagged in: saturday musings
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Recent Comments - Show all comments
  • Michael Gilmour
    Michael Gilmour says #
    Thanks for that Daniel!
  • Michael Gilmour
    Michael Gilmour says #
    The most important thing that I've found is to be humble when posing the question about the groceries. I've never had anyone get u

Posted by on in Development
Back on the Tools

For the past week I’ve dusted off my programming skills and conducted a dive into esoteric world of javascript, php, style sheets, html and Googlecharts. It’s been a while since I’ve really done some hard core development and I must admit that it’s been a bit of fun!

A number of times this past week I’ve entered what programmers call “the zone”….it’s a state of bliss where all of the functions, classes and methods seem to behave themselves. I used the same concept in my science fiction book for a character that is a sniper recon.

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You can always tell when a programmer is “in the zone” as nothing seems to phase them as they tap away at their keyboard. I’ve experienced this state of euphoria, where times seems to stand still until I notice that I’ve been pulling another all-nighter. Typically, it’s the birds tweeting their morning calls that pull me back to reality and out of a complex embedded if statement burrowed somewhere in the code.

I must admit that there were a number of times where my PC bore the brunt of my anguish as I yelled at yet another error. These tend to be tumultuous times of absolute frustration that end in an “ahhaaa” moment when I realise my own stupidity.

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Posted by on in Uncategorized
The Domain Conference Awards!

I must admit that I'm pretty excited about attending the upcoming "Domain Conference" in Fort Lauderdale. I can't remember how many times I've traveled across the Pacific Ocean to attend a conference convened by Howard and Barbara Neu....and each one of them has been brilliant!

So now to the awards.....if you would like to nomiate a person for an award then you must send in the below form by the 20th August, 2015 to This email address is being protected from spambots. You need JavaScript enabled to view it. . Don't forget to book your ticket as the event will be held on the 26-29th September at the prestigious Hyatt Regency in Fort Lauderdale.

You may nominate only one person in each category”:

The categories are:

DOMAIN DEVELOPER OF THE YEAR

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Posted by on in Personal Musings
Saturday Musings - Integrity

For the past week and a bit I’ve been working my way through the “joys” of Influenza Type A. When your body has integrity, everything seems to function just right and work is a great reward in itself. When there is an invader like Influenza, everything gets out of kilter…..in a similar manner people can get out of balance with their ethics.

A number of years ago I was asked to mediate between two friends that were having a shouting match about who should pay their landlord $300. It was at lunchtime and I calmly ate my meal while I listened to the both of them really go at it.

I finally got up and said, “You both disgust me.”

They both turned to me and asked, “Why?”

“Because you value the friendship at $300.”

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Posted by on in Personal Musings
Saturday Musings - A Sad Tale

I was talking to a 20 year old at a party last night. I generally enjoy getting enthused by young people as they tend to have a really different outlook on the world which inspires me to new ideas. In the case of the young man, it was really sad to see that his life completely revolved around doing absolutely nothing. Nothing isn’t strictly true, as he sits in front of the television watching movies or playing games all day. Doh!

I love life and just wished that I had more hours in each day to do all the incredible things that seem to come my way….so to say the least, I was a little flummoxed during the conversation. His speech was slow, he moved slowly and everything about him seemed to be just plain slow. There was nothing wrong with is faculties but he had just ground down to a halt.

I tried to get him excited about doing Youtube videos or a blog about something that he was interested in. He told me that they were awesome ideas but when I looked in his eyes I saw that he was going to do absolutely nothing.

In the end I said to him, “I’d never ask you to do anything for me.”

He replied, “Why not?”

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Tagged in: saturday musings
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Common Domainer Misconceptions

One of the easist mistakes many domain investors make is paying too much attention to their average daily revenue and not really understanding what it really means. The average daily revenue is made up from all of the individual earnings of each domain in a portfolio…..which makes sense but underneath that statement is a lot of hidden meaning.

A couple of years ago I met with the CEO of a large domain portfolio and they were amazed when I began to unpack the data that made up their average figures. So let’s look at a number of the misconceptions that many people hold to around their average numbers.
 

The Law of Averages

It's best to look at an example to illustrate what I'm talking about. Let's imagine that you have two domains in a portfolio, A.com and B.com. The average earnings per day for A.com is $1 and B.com is $0.10. Obviously, the average daily earnings for the portfolio is $1 + 0.10 = $1.10 per day.

If you are able to increase the earnings of B.com by 50% (which is a lot) then the earnings become $1.15 per day....which is barely a blip on the radar for most portfolio owners. Now here's the interesting part. Most people have 10 times more type B domains compared to type A domains. This means the average daily earnings is actually $1 + 10 x $0.10 = $2 per day.

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Tagged in: misconceptions
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Posted by on in Domain Industry
The Cult of Personality

In every industry there are people that we all can be tempted to aspire to be like. I’ve watched some domainers desperately believe that if they follow an industry celebrity then they will achieve the same level of success. Sadly, they get swayed by a personality and completely ignore the results.

When you’re at a conference it’s really easy to get caught up in all the hype and you can fool yourself into believing that everyone is much more successful than you. Let me say from the outset that the great majority of numbers that you hear can be divide by at least three. So don’t panic and just keep your eye on your own key business metrics.

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When you get home from a conference and sit there alone wondering how you’re going to pay your domain renewals, the parties and personalities seem to become a distant memory. All that counts is the bottom line.

So don’t be swayed by the personalities…..dig into your own numbers. It takes a lot of work and skill to understand what is actually going on with a domain portfolio so that you can make sound business decisions rather than an emotional ones.

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Tagged in: personality
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Posted by on in Domain Industry
Good Players - Jothan Frakes

I’ve been asked a number of times about who are the really good players in the domain industry. I thought that from time to time that I would highlight these individuals that quietly go about their business. They are people that are generous with their time, are absolutely trustworthy and great fun to be around…..in essence they are the heart and soul of what it means to be a domainer.

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Jothan Frakes

I first met Jothan many years ago at a TRAFFIC conference and we talked into the small hours of the morning about the domain industry. During this time I gained an enormous amount of respect for him as one of the most knowledgeable people in the industry.

Our relationship really cemented at the TRAFFIC Downunder conference when he was part of a group of domainers that flew light aircraft back from the Gold Coast in Queensland to Melbourne. I was one of the pilots and it was a great time getting to know Jothan on both a professional and personal level.

Jothan has played many diverse roles in the domain industry but it is clear that he has a real gift for running exceptional conferences. From founding the successful Domain Roundtable conferences in 2006-7, to being intimately involved with DomainFest while it was with Domain Sponsor and now with the largest industry gathering, NamesCon. Jothan has developed a unique gift for conference formats, topics and promotions. Even now he is launching a series of regional conferences under the DomainFest banner – information on the next one can be viewed at doaminfest.asia.

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Tagged in: jothan frakes
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America, Please Wake Up...You Are Great!

A friend of mine suggested that I watch the television series “The Newsroom”. The show is about a fictitious news show based in New York but it cleverly weaves in real life stories and issues. Jeff Daniels acts brilliantly as the anchor man and he has a staff around him that provide information for the sixty minute news segment.

The opening scene in the first episode was Aaron Sorkin (the writer) at his absolute best. Daniels’ character had always played it safe when it came to the balance between ratings and telling the truth….deep inside it was killing him. During a town hall meeting at a college he was asked to answer the question in one sentence, “Why is America the greatest country in the world.”

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After a number of platitudes Daniels’ character finally cracks and gives a tirade of facts that proves that America is no longer the greatest. He finishes his speech with almost a cry from his heart that it could be again….

Now I find myself in a strange predicament….I’m Australian, watching an American show that is essentially decrying the downfall of America. I want America to be great and I am sick and tired of Americans pulling down their own country….let alone foreigners.

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Recent Comments - Show all comments
  • Michael Gilmour
    Michael Gilmour says #
    Thank you for all the great comments. I love the USA and more than that I love the people of that great country. I have so many fr
  • Michael Gilmour
    Michael Gilmour says #
    I'm definitely NOT trying to pull anyone down that has the gumption to stand up and provide a clear direction. Like him or not, Do