Archive for investing:

A Little Frustrating

As you may already know, I’m quite quick at building, selling and moving on and I don’t like to hang about. I always like to move from project to project but since the last sale, I’ve yet to invest in anything else.

Whilst it is quite nice to take a break and have funds sitting in the bank for the right investment, sometimes it can get a little frustrating and I often find myself feeling like I’m just sitting…waiting. I’ve followed up one or two leads for names that are sitting doing nothing but people don’t want to sell or someone has told them their name is worth £xx,xxx when it is often really worth half of that!

What is for you won’t go by you and I think that for every 100 names I research and possibly enquire about, I may only get a handful of responses. This is how it works unfortunately, but it is all part of the challenge and I love it!

I’ve been keeping myself busy by teaching kids boxing training at The Edinburgh Boxing Academy and concentrating on putting on weight after falling ill last year. Things are going well and I’ve just ordered a Cross Trainer for the house so Christy and I can train every evening. I need to work on my cardio as I have Asthma and slightly unfit!

Re-Investing

After the recent sale of my website network I have some money to re-invest. Bankrolling future operations is now a lot easier for me as I don’t need to wait until pay day to make my next move, I have cash available to input into new projects. Being in complete control is a fantastic relief, and in addition having the money to hire people to do work for you!

Lukily I have a few sites I’ll be churning into sales and adding a little more cash on the pile shortly. I have a few big ideas I’ll be developing over coming months, including offline businesses. Spreading your risks is important and whilst I value the internet as a fantastic place for making money online, I feel putting two much into one domain can be risky.

Speaking of domains, part of my investments will be buying premium names that I can either rent or develop into profitable sites. As the .coms and .co.uk’s are snapped up at rapid rates, I think it would be wise to get a foot in the door and keep a hold of a few valuable names for the future.

I’ll keep you posted on any developments as and when they happen. Good luck with your persuits,

Khalid.