Solving Domain Capital Challenges via a No-Code Domain Development Subscription Business with Stephen Campbell
The most critical challenge of any business is prudent cash flow management, especially when the business is buying and selling domain names.
Domain renewal fees are every domain investor’s nemesis. Why?
Well, most domain investors can think a bit highly of the domains they purchase.
Most often fall head over heels in love with their domain purchases and the intoxicating renewing of each year after year.
This is okay when there is adequate cash to support such a strategy. However, when the well runs dry managing cash flow, then securing primary, and, in some cases, secondary income is a must to stay afloat or level up as a domain investor.
In a recent podcast, I chat with Stephen Campbell about the very topic of prudent cash flow management. Stephen shares how he chose to solve his domain capital challenges pivoting from domain investing to domain development.
Stephens reveals how recently launching a monthly recurring subscription business for virtual ghostwriting services: VirtualGhostWriter.com — all while having not written one line of code. This feat also opened the door to consulting and a paid tutorial course that also earns him recurring revenue.
Hit play, and journey with Stephen and me as we compare and contrast domain investing and domain development, and how to leverage one to jumpstart the other. Enjoy!