To each their own, friend… my financial prosperity comes at no expense to you. I am providing for my family by acquiring and delivering products and services to others, without taking anything off of anyone else’s plate. We all get to eat, and your table will have the same amount of food on it tonight, regardless of my sales. There are four major business models we get to choose from; B2B, B2C, C2B, and C2C. B2B and B2C are no more or less ‘shitty’ than C2B or C2C. Each model has unique pros and cons.
You are entitled to your own opinions, but they are not fact. It’s also downright rude of you to be so contentious. These domains were acquired for much much more than ‘6 bucks each,’ and you neglected to consider the maintenance costs for multiple years thereafter. Your assumption that I purchased all of my domains exclusively from one registrar at the lowest possible entry price is fundamentally incorrect. Buying and selling domains is the natural result of building a successful career developing websites for myself and others over the past decade. It doesn’t make financial sense to do anything except buy low, hold/appreciate, and sell high. This is the golden rule of investing.
More importantly, I would absolutely hire ‘gay dudes who use pink mops’ to clean my place any day of the week. That’s what equal opportunity is all about. I’m proudly an EO employer, are you? I respect LGBTQ rights and applaud their professional and political movements. Perhaps you should take step back and reevaluate exactly what you are trying to say, and why you are trying to say it… because unnecessary elitist homophobic trash-talk like this can totally destroy your financial future.
Less importantly, these are your exclusive opinions, not facts. Buying and selling domains is a legitimate form of investing no different than buying and selling stock. Assets make money, liabilities take money. I trade assets, not liabilities. My domain portfolio is the cumulative result of years in the market. Each domain was purchased and initially utilized for personal or professional use, but eventually decommissioned as better opportunities arose. Nothing is being poached, and no one is being taken advantage of. To claim anything else would not only be false, but would additionally be libel.
I never asked you or anyone else for respect. You came to this thread on your own free will with nothing to offer but negativity, profanity, and false accusations. Once again, these are domains… not urls. The assertion that I am overcharging is exclusively your opinion, and ‘ten dollars’ is your assumption (albeit an upgrade from the ‘6 dollars’ you mentioned earlier). As a matter of fact, I have purchased all of these domains from multiple sources at various times in history. Some were acquired from flippa, some from network solutions, some from go daddy, some from eBay, and most from sedo. Some domains were $10, some were $100, some were $1000. For my strategy, intrinsic value is amplified based on the use case. Also, the constant profanity is completely unwarranted, so if you could tone that back, that’d be awesome.
It might make you feel good to imagine that I’m some kind of rich Wall Street chad taking advantage of grandma and grandma’s (would be) cannabis infused dog treat company, but the reality is that my wife are that exact mom and pop shop you speak of, and CannaPup was our first idea for cannabis infused dog treats. At that time - CannaPup was taken, and not yet available for sale, but MrCanna was available. Thus, the MrCanna brand and domain was born. Ironically, that’s just the natural progression of our organic acquisition model. Build, split test, cut losers, and run with winners. CannaPup was a loser, MrCanna was a winner. Eventually, MrCanna was lacking, and CBD Tomorrow took precedence.
If a small business doesn’t go into business because the domain they wanted was already taken, their business was doomed to fail from inception. I’ve never heard of an entrepreneur exiting a strategy because they couldn’t buy the exact domain they wanted… they simply chose another name or domain suffix (.co / .net / .us for example). Successful business owners circumvent brick walls and always find something better, because that’s the only choice we have if we want to be profitable. The only barriers to domain acquisition are price and availability. All of my domains are readily available to the market and reasonably priced.
Note: Guidelines for trademarking hemp related businesses were not posted until September 5, 2019 –
Domaining is a legitimate investment strategy. Just because you haven’t heard of it, or don’t agree with it, doesn’t make it any less real (or any less profitable). Also, I resent being called a ‘scum bag’ and a ‘leach’ and would be happy to accept an apology from you. It saddens me that you’ve resorted to ad homiem attacks and name-calling so quickly, but I completely understand that some people are afraid of what they don’t know. You didn’t know the difference between a URL and a domain, but now you do. You didn’t know the difference between domaining and poaching, but now you do. Believe it or not, we are making progress together on this, and the community is learning from these mistakes.
I completely 100% agree with you on this. What you just described is specifically defined as cybersquatting, it’s illegal, and so we are entirely clear - cybersquatting prosecution and domain recovery is a service I offer to clients. Please let me know if someone has purchased a domain that mirrors your existing product, service, or brand name (and is now trying to sell it directly to you at a totally unreasonable profit margin).
https://www.nolo.com/legal-encyclopedia/cybersquatting-what-what-can-be-29778.html
Also, you may be confusing cybersquatting and domain trademark infringement, but they are different.
https://www.nolo.com/legal-encyclopedia/avoid-trademark-infringement-domain-name-29032.html