Tuesday, January 9, 2007

Sounds like a great money-making plan to me. How come you've never heard about this billion dollar business

That's what Matt thought when he saw the first Business 2.0 magazine article awhile back. What amazed him most was that he was running a multi-million dollar Internet marketing and consulting business, but he'd completely missed this huge sector of Internet business. He's certainly not the only one who missed it at first.
Richard Rosenblatt is a brilliant Internet entrepreneur. You may not know his name, but he's sold $1.3 billion dollars of Internet companies including iMALL which he founded, ran and sold for $565 million, and MySpace which he turned around as Chairman and sold for $580 million.
He's smart guy who has made a huge fortune on the Internet and even he didn't know anything about this for a long time. But now that he's discovered this opportunity, he's completely focused on turning this into his biggest business yet. He's raised and invested hundreds of millions of dollars in this.
The smart investors with big money are now jumping into this market. By the way, when we mention smart investors, you should know that Ross Perot's Perot Investments, Inc. and Howard Schultz's (Chairman of Starbucks Corp.) Maveron LLC have each invested millions of dollars into companies that are buying domain names today for income and future profit. You know these guys are not going to put millions of dollars at risk on a whim or some fly-by-night idea!
With major players like Perot, Schultz and Rosenblatt writing multi-million dollar checks, you don't have to worry about this being some fly-by-night deal. We're talking about a serious - incredibly profitable business - that's exploding across the Internet. Just one portion (according to Red Herring magazine) has exploded from $400 million in 2006 to a projected $1 billion in 2007!
But the most amazing thing is that you and I can not only compete with... and beat... the huge players like Rosenblatt's company, but the big boys are actually part of the driving force that will help you and I to make huge money.
There's 2 simple reasons for this. First, the multi-million dollar guys are not paying attention to bargain hunters like us. They don't have the time to worry about finding cheap domains for a few bucks even if they're really worth thousands of dollars. They want bigger investments to put all that cash to work.
Which brings me to the 2nd reason. When you're ready to sell your domains for the true market value, it's those big company guys who are the primary buyers and they're the ones driving up the value for everybody!

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