A very common theme in the domain industry is venturing into the abyss of domain development. Domain investors often times are lead to consider domain development for a number of reasons.
Domain investors often conclude how lucrative the opportunity of domain development can be to increase the domain’s overall value as well as the opportunity for residual income by way of a full-fledge online business.
From personal experience, domain development is very much as deceiving as attempting to understand truly how big an iceberg is at surface level.
As there is exponentially more square footage and coverage below the surface of an iceberg, so it is with domain development in its entirety.
While the domain may be important at surface level, there’s critical facets of domain development one must understand and comprehend to navigate the complexities in achieving meaningful and profitable domain development.
Listen to my latest podcast as I discuss 16 common pitfalls of domain development I’ve encountered, and how to proactively avoid each one should when venturing into developing your domain portfolio.