Buying/Flipping Domains and The Reality of Owning Multiple Businesses

Wealthy Way

Ryan Pineda

Business, Entrepreneurship

4.8 • 2.1K Ratings

🗓️ 2 October 2024

⏱️ 15 minutes

🔗️ Recording | iTunes | RSS

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Summary

Explore the real challenges and rewards of buying, flipping domains, and managing multiple businesses at once.---Secure your spot at the #1 conference for real estate, entrepreneurship, and social media here - https://www.wealthcon.org/Feeling lost as an entrepreneur or real estate investor? Get access to our community, coaching, courses, and events at Wealthy University https://wealthyuniversity.com/If you want to level up, text me at 725-444-5244! ---About Ryan Pineda: Ryan Pineda has...

Transcript

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0:00.0	My hobby is buying domains.
0:02.0	Dude, I owned at the time Ryan, I owned 1,700 domains.
0:05.3	Now today I owned about 300.
0:07.4	Yeah.
0:07.9	But I owned a lot.
0:08.8	The biggest one I sold was Yawdow.com, one letter from Yahoo.
0:11.6	to Yahoo, subsidiary for 10 grand.
0:14.0	Yaddo dot com one letter from yahoo
0:17.0	com
0:18.0	one letter from yahoo
0:20.0	yeah one letter off from yahoo
0:21.0	so is y a d oh yep yahdo yahdoo off from Y-O-O-O-O-O-Y-D-O-Y-D-O-Y-D-O-O-Y-D-O-Y-D-O-T-E-O-E-O-T-E-O-T-E-O-E-O-T-E-O-T-E-O-T-E-O-T-O. You know? You just bought that Yeah, miss type. So the 10 grand was the most you made. The most I made on a domain.
0:34.8	So I bought it for like $17 or $15. Yeah, yeah. I've never flipped any of my domains, but I just like buying them.
0:42.2	I'm more of a collector of domains. I collect a bunch now but I've sold quite a few.
0:47.0	What's the best way to sell them? Just put them up for sale and go daddy or what? There's domain brokers.
0:53.2	Yeah. Yeah.
0:54.2	There's C-Doo.com then. There's Netjet, I think what it was, not Net, net something.
1:03.0	What's the most you ever paid for a domain?
1:05.0	I never paid, probably more than like a hundred bucks.
1:09.0	Okay, I've been on the receiving end of these guys flipping.
1:12.0	I bought, I bought a wealthyway.com for
1:16.8	eight grand I bought wealthy university.com for 10-ish.
	...

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