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$40K Annual Profit from Part-time Brandable Domain Name Investing – With Doron Vermaat
How does Doron Vermaat earn $40,000 profit per year while only investing 10 to 15 hours per week? Find out in this interview.
Vermaat shares:
How he learned to value brandable domain names
What he does as soon as he purchases a new domain name
How (and how fast) he responds to inquiries from potential buyers
Why he ends each email with a question
How he softly pushes just a little further to increase the sales price
http://www.domainsherpa.com/doron-vermaat-namerockstar/
Begs the question:
Why not put in 40 hours a week and earn $160K a month?
Great question.
As described in the show, he spends time on Efty.com, as well as other consulting work -- and he just had a new baby.
I'll point Doron here to answer.
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Staff member
It's *per year* and not *per month*
Also, I would think that the limiting factor is capital to invest, rather than time.
It's *per year* and not *per month*
Also, I would think that the limiting factor is capital to invest, rather than time.
Per year,missed it! $3K a month?
Not much of a story unless I missed something else, I have earned somewhat more profit than that with a similar amount of effort over a number of years.
But a fair bit of luck along the way.