#18 - The Big Business of Wacky Domains

My First Million

Hubspot

Investing, Entrepreneurship, Business

4.7 • 2.9K Ratings

🗓️ 16 October 2019

⏱️ 58 minutes

🔗️ Recording | iTunes | RSS

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Summary

Ever wonder who owns all the internet domains like .com, .co, all the way to goofy domain names like .george and .plumbing? Well it turns out, many of these are owned by billionaires & big companies. Our hero today - Sheel Mohnot (@pitdesi) created an online auction site (like Ebay, but instead of selling beanie babies, he auctions off internet real estate). He has hosted $100M+ worth of auctions, keeping a 4% cut for himself along the way. Hear how he found this wacky niche, got the auction platform off the ground - and how he went from living on $1/day in India to becoming a self-made millionaire. See acast.com/privacy for privacy and opt-out information.

Transcript

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0:00.0	All right, there's this amazing book called Getting Everything You Can Out Of All You've Got.
0:04.9	I read it a few years ago and it changed my life.
0:07.8	And the reason I loved it was because it basically talks about how to get and make more money
0:12.7	using things that you already have.
0:15.1	Coincidentally, today's podcast is brought to you by Business Made Simple.
0:19.6	It's a podcast by Donald Miller, who I'm going to tell you about in a second, but he has
0:23.3	this amazing episode that's all related to this book and the things that I learned in this
0:26.9	book.
0:27.9	It's called How to Make Money With What You Already Have.
0:29.4	It's an incredible episode.
0:30.9	It talks about all the stuff that I learned in this book.
0:33.2	The host is Donald Miller.
0:34.7	I didn't know who Donald Miller was up until recently, but over the last 12 months, this
0:37.9	is totally by coincidence.
0:38.9	There was all separate people.
0:40.2	They said you have to check out Donald Miller.
0:42.0	He's amazing.
0:43.0	So I'm happy that he's part of Howspot's Podcast Network.
0:45.5	You can check it out.
0:46.5	Business Made Simple Podcast.
0:48.4	It's where he coaches you on how to build your business like an airplane where the cockpit
0:52.1	is your leadership, the body is your overhead, the right engine is your marketing, the left
	...

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