The Domain Investor That Sold Ruby.io for $88K — Joshua Schoen

Remember when the new gTLDs — general top-level domains — came on the scene nearly a decade or so ago, and how they were going to be the nail in the coffin for legacy domain extensions — .com, .org, .net?

Well, that didn’t happen. However, what did happen was that quite a few people lost hundreds and thousands of dollars gambling that they would.

Extensions like .vip, .rentals, .forsale, .realestate, and the list go on as long as a hot summer day in the desert.

Now, this is not to say that profitable success hasn’t been realized along the way. It has but by very few people, both buying and selling new gTLDS.

In fact, today’s guest, Joshua Schoen, tried hand registering new gTLDs in .vip, .rentals, and .realestate extensions only to watch his hopes dashed as annual renewals appeared instead of sales.

Fortunately for Josh, though, he was able to quickly turn the corner on a losing new gTLD investment strategy.

In fact, Josh exchanged his costly strategy for 6-figure success — having sold Ruby.io for $88K, another.IO for $15K, and quite a few 5-figure domains in legacy extensions.

In a recent podcast, Josh shares how early careers in tennis and marketing introduced him to domain investing.

Josh and I talk about tools, strategies, and types of domains he invests in and uses, including how became a partner of DNWE.com — a ZERO commission trading platform aimed at making the domain buying and selling experience seamless.

Tune in and hear from Josh as he opens up about his best and worst domain investing moments that help to shape and mold him as an astute domain investor. Enjoy!

 

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Written by Alvin Brown
He's an experienced and passionate serial entrepreneur, founder and publisher of Kickstart Commerce. Alvin possesses a great love for startups dominating their market using profitable digital strategies for greater commerce.