Is he running into profit?
Mike Mann generated $32,500 in liquidity through 3 sales of domains he spent $157.5 acquiring. However, he owns 267,516 domains at the moment of writing according to DomainTools and this is the most important variable that gets overlooked, especially by beginners.
Time for some arithmetic and simple logic.
Let’s assume he spends $8 per domain each year in renewal fees.
267,516 multiplied by 8 is $2,140,128. This is how much Mike has to spend each year to renew his portfolio.
This fantastic article may be found on Domain Pros
Mike Mann generated $32,500 in liquidity through 3 sales of domains he spent $157.5 acquiring. However, he owns 267,516 domains at the moment of writing according to DomainTools and this is the most important variable that gets overlooked, especially by beginners.
Time for some arithmetic and simple logic.
Let’s assume he spends $8 per domain each year in renewal fees.
267,516 multiplied by 8 is $2,140,128. This is how much Mike has to spend each year to renew his portfolio.
This fantastic article may be found on Domain Pros
