What? This Guy Snatched Up 14,962 Domain Names In 24 Hours And Generates $400,000 Every Month?

That “fool” who thought Cybersquatting is stupid doesn’t know Jack!

Domain names are the real estate of the Web. Traditionally, Real Estate Agents buy and sell houses for a profit, and so as domain names buyers and sellers.

So what’s the difference between a Real Estate Agent and Domain Name Agent?

Entrepreneurial geeks register or buy domain names and resell them for a profit or park them to generate passive income from click-ads. Michael Mann is one of the successful examples of buying and selling domain names. According to Business Insider, his domain kick started in the late ’90s, when he paid $70 for Menus.com and was offered $50,000 to sell it.

Mann has since made a multi-million dollar business out of snatching up domains. He created BuyDomains and sold it to Highland Capital in 2005 for $80 million. His newest domain business, DomainMarket.com, generates $400,000 every month. Mann buys roughly 300 domains per day.

If you think this is a foolish way of making a living; then you don’t know jack about business and entrepreneurship. And you’re just a fool!


The World’s Most Exciting of the .na TLD Registration

You’ve seen different country domain extensions such as .tv, .co, .cm, .de, .ca, .ws, .cc, etc.?

“National” – .na will soon become your “National” primary identity, the URL for all your online branding need, for just about anything national, anywhere.

“North America” – if you do any kind of business with anyone in North America, then .na will become your “North America” primary identity, the URL for any kind of businesses, services or products that you offer to anyone, anytime, anywhere in the continent of North America.

“European Union” – .na will become anything and everything “National” and “North America”, as .eu is what anything and everything “European Union”.

The .na domain will soon become available for registration by anyone, worldwide through certain accredited registrars.

.na is the country code top-level domain for Namibia. More info about the .na domain can be found at dotna.info.

The Top-Level Domain (ccTLD) .na to Launch for Global Registration

The domain .na ccTLD will soon become available for global registration, and keywords such as talk.na, food.na, money.na, wine.na, etc., could be awesomely good for online branding.

The abbreviation for “.NA” is branded for “National” as “.WS” is for “World Site”, see http://dotna.info for more information.

This could be another “gold rush” in Internet domain names as potential registration customers may be those who plan to use the .na domain names for their online branding need, while some may elect to register certain generic English words as .na domain for their future use.

Of course you wouldn’t be able to prevent domain name speculators from grabbing certain .na kewords as domain names for their domain name aftermarket speculation.

Is There More Room for a New Country Domain Extension (ccTLD)?

You’ve seen different country domain extensions such as .tv, .co, .ws, .cc?

In the US, banks use special identification “N.A.”, such as Chase, NA; PNC, NA; Citibank, NA; etc., with NA stands for “National Association”, to indicate a national bank.

.na is the country code top-level domain (ccTLD) assigned to the Republic of Namibia.

.na domain names could be branded as “National” to indicate “national” for anything, and can be made available for registration globally through companies commonly referred to as accredited registrars, such as GoDaddy.com, Network Solutions, eNom, etc.

Any company, organization, or entrepreneur can use a .NA domain for their online branding needs, such as “news.na”, “bank.na”, “money.na”, etc.

.na will soon become available for registration worldwide through certain accredited registrars.

The portion of the registration fee for the .na domain name could help generate more than US$3.7 million (N$27 million) per year for the next 20 years, a total of US$74 million (N$533 million), for the Ministry of Education of Namibia that can go toward revamping schools through Namibia.

Visit dotna.info for more information.

Namibia’s Internet Country Code Top-Level Domain (ccTLD) .NA Could Generate More Than N$533 Million or N$27 Million Per Year for Namibia’s Ministry of Education for the Next 20 Years

Countries such as the Republic of Colombia (.co), the Island of Tuvalu (.tv), the Island of Samoa (.ws), the Cocos (Keeling) Islands (.cc), the Republic of Cameroon (.cm) have monetized their Internet country code Top-Level Domains (ccTLD) to generate millions of dollars for their economic and infrastructure development.

For years, Tuvalu used the revenue from its .tv ccTLD to build schools, roads, and hospitals, as well as to finance their membership application to the United Nations.

And Namibia, the country is sitting on gold with its ccTLD .NA.

In the US, banks such as PNC, NA; Chase, NA; Citibank, NA, etc., use the abbreviation “NA” which stands for “National Association” to indicate that the bank is national. Similarly, Namibia’s Internet country code Top-Level Domain (ccTLD) .NA domain names could be developed and branded as “National” to indicate “national” for anything, and can be made available for registration globally through companies commonly referred to as accredited registrars, such as GoDaddy.com, Network Solutions, and eNom. So that any company, organization, or entrepreneur can register and use a .NA domain for their online branding needs, such as “iway.na” (already in use), unam.na (already in use), and can be example; “bank.na”, “money.na”, “food.na”, etc.

There are currently more than 200 million domain names registered globally, and .NA could capture at least 2% of that to generate about 2 million of new registered .NA domain names. The potential customers who would be interested in registering the .NA domain name could be the current owners of .com domain names, who most of them would register .NA domain names in order to protect their online branding and identity. Other users could register their .NA domain names for their new online branding and identity needs.

If the pricing of the .NA domain name is set at the minimum of at least US$15 per each new registered .NA domain name and for the annual renewal fee of the same price amount, then that could generate about US$450 million annually.

There are however fees for administering and managing Top-Level Domains. The Internet Corporation for Assigned Names and Numbers (ICANN) which is responsible for managing the Internet Protocol address spaces (IPv4 and IPv6) and assignment of address blocks to regional Internet registries charges a certain fee per each registered and renewed domain name. Likewise, VeriSign which operates two of the Internet’s 13 “root servers” which are identified by the letters A-M and also manage a database for the domain name registry also charges a certain fee for their service.

And that does not include the fee for the Registrar, an organization accredited by both ICANN and generic top-level domain registry (gTLD) to sell gTLDs and/or by a country code top-level domain (ccTLD) registry to sell ccTLDs and to manage the reservation of Internet domain names in accordance with the guidelines of the designated domain name registries and to offer such services to the public.

Let’s take for example, that per each .NA new domain name registered or renewed, that US$1.85 should go to the Republic of Namibia’s Ministry of Education, with at least 2 million .NA domain name registered, that will be about US$3.7 million (N$27 million) per year for the next 20+ years or about N$533 million in total, per a possible signed Agreement, and that’s money that the Ministry of Education could use to help revamp and upgrade Namibia’ schools or other educational infrastructure.

I’m teaming up with a powerful Consortium of Namibians to take over the management of the .NA ccTLD and develop it to offer .NA domain name for registration worldwide and help generate some serious cash for the Namibia’s Ministry of Education, which I certainly know that the Ministry urgently need to build new schools, revamp and repair schools. If you don’t believe me, go drive around and look at some schools especially those in rural areas in Namibia.

The .NA ccTLD is assigned to the Republic of Namibia, as its Internet country code, and not to an individual body. Hence it should be developed to benefit all of the Namibian people, not for individuals to solely benefit from it.

I’m currently talking with some of the world’s largest domain name Registrars such as GoDaddy, Network Solutions, VeriSign, eNom, etc., to partner up with our Consortium for the development and management of the .NA ccTLD, and more than N$27 million, as the first installment, could be instantly paid to the Namibia’s Ministry of Education upon the signing of the Agreement for managing Namibia’s .NA ccTLD.

In our current ecosystem development, Groot, we are looking at all viable options, which will add great value to Namibia. Thankfully, the Government of Namibia, under SWAPO, has already setup and developed favorable infrastructure and institutions conducive to good business environment, and it’s up to us, the Namibians, to become more innovative and entrepreneurial, and develop tools and services that will help exponentially improve Namibia’s economy, sustainable employment creation, and help improve the well-being of all the Namibians. So, let’s make it happen for Namibia.

If you are a Company interested in the opportunity to partner with us in managing and administering the .NA ccTLD, please email me now at simon@grootgroup.com.

Moving Back to Network Solutions, for Domain Name Registrations

I haven’t checked out Network Solutions’ web site (http://www.nsi.com) in ages, but for some reason today, I decided to check it out, and daaaank, their site looks good. Its color scheme and layout is just marvelously perfect. Plus, its pricing for domain name registration has gone lower.

(UPDATE: September 4, 2009 – 5:08 PM EST) – Oops, I might have been mistaken, because when I checked out the NSI site today, September 4, 2009, their registration fee per each new .com domain name is $34.99, which freakin’ high compare to GoDaddy.com and 1and1.com, and many other Registrars, who charge no more than $10 per each new .com domain name.)

Network Solutions, Inc. (NSI), was the original registrar and has held a monopoly over the .com and basically the .org and .net TLD domain registration as initially authorized by the U.S. government, when the registrations for the domain names were made available for commercial registration and general use. Only after Register.com lobbied and was granted permission to become the second TLD registrar. Not sure whatever happened to Register.com, deadpooled?

However, NSI was later acquired by VeriSign, which ended up just making it a mess, and awfully lowsy. Kept its domain pricing awfully high and awful to manage, and that paved a way for GoDaddy.com, and other upcoming registrars to take over the leadership from NSI.

I used to have hundreds of domain names registered under NSI, but since VeriSign took over the control of NSI and messed it up, like most other domain name owners, we migrated to other registrars. For me, I moved all my domains to GoDaddy.com.

A few years ago, VeriSign sold NSI to a private equity firm, and I wasn’t sure about the future of NSI, I thought that was the end of it, but when I stumbled back on to its web site today, I really like what I see. Their site looks good and their domain pricing is as low as GoDaddy.com (sorry, but check my updated inserts above).

I will now move all my domains back to NSI, because as you can read from my previous posts on here about GoDaddy.com, I have not been a happy camper with GoDaddy.com.

I recommend NSI for domain name registration to anyone, anywhere.

(Except that they charge $12 a year per domain name forwarding, which sucks my breath out, because most Registrars don’t charge fees for domain forwarding any more.)

WP.com, Washington Post or WordPress?

Most large companies have already snapped domain names that either directly or indirectly reflect their company or brand names.

I never thought that giant publishing companies such as The Washington Post would not have done the same thing with the domain, WP.com.

To my surprise today, I only stumbled upon WP.com, as was displayed on the WordPress Homepage platform, yes, as you can see, I use WordPress.com for my blog, but who would have guessed that WordPress.com actualy owns the domain WP.com, and not The Washington Post?

So, that means if I want to go to The Washington Post web site, I have to type in washingtonpost.com? That’s too long. How about The New York Times, at least they own NYT.com, that makes it easy.

If you are large company as you claim to be, get the domain, all of the domain names, that either directly or indirectly reflect your company name or brand name. Make it easier for us, the consumers, to easily find you.