4.8 • 770 Ratings
🗓️ 12 November 2019
⏱️ 26 minutes
🧾️ Download transcript
Good website names are in high demand, and people are selling domains for figures that would astound you. In this episode of Komando On Demand, Kim looks at the practice of selling website domain names and social media handles. She talks to Asen Kehayov, an ethical hacker and founder of InForceCyber.com, about how to be safe when buying and selling domains.
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0:00.0 | Hey, welcome to Commando on Demand, where we talk to the industry movers and shakers and keep you out to date on everything digital. |
0:09.1 | I'm Kim Commando. |
0:10.0 | Today we're going to talk about how people are actually making money, real money, selling web domain names. |
0:15.7 | That's right. |
0:16.4 | Sometimes lots of money. |
0:18.1 | We're going to get to all that. |
0:19.1 | But first, a quick thank you to one of our partners who help make these Commando-on-demand |
0:23.5 | podcasts possible. |
0:32.2 | Shoppingmalls.com was sold by a student of mine for $50,000. |
0:37.0 | That's Shoppingmalls.com. He says, how much you want for the,000 bucks. That's shopping malls.com. |
0:38.9 | He says, how much you want for the domain? |
0:40.5 | I said, I have no idea. |
0:41.8 | He says, how about 5,000? |
0:43.3 | So I said, yeah, sure. |
0:44.5 | And then he sent me 5,000 bucks. |
0:46.5 | He probably would have paid more for it. |
0:48.8 | These are sales that are being bought out by professionals in that industry. |
0:53.1 | It's very valuable to them. |
0:57.0 | Yeah, that's right. If you actually had purchased Cars.com 10 years ago, you would have made a ton of money. |
1:04.6 | I've heard some of Jamie Lewis's stories, and I got to thinking. You know what? I wonder how many |
1:09.5 | of our listeners have web domains, Twitter |
1:12.0 | names, social media accounts, just sitting around collecting dust, and somebody would actually |
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