The domain industry is a very expensive business to partake in, especially for a beginner.  Over 95% who enter this business, do what I call, Part Time Domaining.  This occurs until the right sale or opportunity comes along to give you financial freedom from your daily life obligations.  There is so much to learn and understand.  During this process of education, the average domainer spends over a $1,000, if not more.  Most will spend 10x more and never become successful no matter how long they stay in the domain industry.

Approximately 3%-5% will ever become successful in this industry.  The majority will fail because they remain unfocused by registering every domain imagineable.  Additionally, they will remain unsuccessful because of their failure to think outside of the box, and embrace niche opportunities in the industry to build wealth.  98% of domainers are followers, and remain in a flooded market, domaining in general, instead of looking for undervalued niches in the domain industry to capitalize on.  The cold truth being that 90% of the domains acquired by unsuccessful domainers are very limited to an enduser, have no typein traffic, and contain no real value.   

(Warren Buffet said:)

“For some reason, people take their cues from price action rather than from values. What doesn’t work is when you start doing things that you don’t understand or because they worked last week for someone else.”

In order to become successful in this industry, every successful domainer will tell you to focus on a niche and stick to it.    

The Geodomain Niche is all about the hot trend of LOCAL and is the answer to success for the small time domain investor.  Geodomains allow a domainer to remain focused and with a little hard work, they are able to build profitable empires.  The difference between domaining in general and the Geodomain niche, is that approximately 90% of geodomains contain real value with many revenue streams waiting to being unlocked.  Geodomains have a variety of end users to select from once developed as well.  This is your opportunity to enter the undervalued Geodomain Niche before values rise like generic domains.  Continue to wait, and you will miss a golden opportunity.  There are thousands of affordable geodomains still available for registration and on the aftermarket.  There will be a few more posts written on this subject.  You can visit the Geo Forum to learn more until then.  

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