make money buying domain names, domain name auctionsI recently ran across an MSNBC article called Imminent Domaining that talked about the opportunity to make money buying domain names to those that make smart investment decisions. Those entrepreneurs that are looking elsewhere then a 9 to 5 to make money need to consider the potential of domain name auctions. In the article, a domain investor talked about his successes with domain name auctions that started a decade ago. He says he still owns the business he had prior to domaining but now the majority of his income comes from domain investment.

This brings me to another point that it is never too late to invest but trying to make money buying domain names now will be harder and a bit more expensive then it was back in the late 90’s. Many of the marketable URLs have been purchased but that is not to say that emerging business opportunities are not there. There are always popular business trends and inventions occurring so keep your eyes open to new markets to make money buying domain names. Business research is required to make money.