It was a beautiful day in October 2007 when a group of domain mavericks (I thought I’d never use this word outside of the Sarah Palin context) each bought a stake in the domain name Cowboys.com for a total of $370 grand.
But where is the cowboy posse now? The domain is currently parked. Parked as in, resembling a deserted saloon in a town that emptied – once the gold rush was over.
Rumors that Injun Joe and Little Rainbow from the Arapahoe tribe attempted to strong-arm the domain away from the group are not substantiated.
Generic domains serve one purpose: to be developed. Tumbleweeds, anyone?
This is really a funny post given that 90% of domainers hold domains for resell and do not develop,
My guess is you have never developed a domain because if you did you would know it takes hundreds of thousands of dollars and about a 5% success rate. I love how “development” is touted as some easy to do task. You can develop any domain, most will never make any money beyond the expenses of running a “business.”
What a wonderful analysis, Cowboy Joe. I hope you’re not one of the Cowboys.com team that spent $30k each on this gem and then sat on it. If it took “hundreds of thousands of dollars” for web development I’d be a millionaire – that’s my job. Y’all come back now, ya hear?
“if you did you would know it takes hundreds of thousands of dollars and about a 5% success rate.”
Where on earth do you get this information? Hundreds of thousands… yeah, right.
While comparing development is like comparing apples to oranges due to so many different types of development either way “hundreds of thousands” is almost always a crazy overstatement. My most expensive development project to date is $6000 and I own close to 100 websites.
Website development is not the goose that lays the golden egg though, that is “business development”. Every website should be its own profit generating business, whether small or large.
Guns,
What kind of development do you do? Do you have a portfolio?
“Website development is not the goose that lays the golden egg though, that is ‘business development’.”
There you go.
Of course, I am a Mass Developer. I mass develop developing developments. Check out http://m.assdevelopment.com