One of the reasons domain investing is such a great business to be in is the extreme flexibility it provides.
Benefits of Domain Investing
When you work completely online, you’re able to design your schedule as you want to. While you obviously still need to put in the hours to get the job done and grow your business, those hours can be spent in the comfort of your living room or from a beach in Thailand…or anywhere else you choose for that matter.
That means you don’t ever have to feel tied down to a “typical” 9 to 5 schedule and office cubicle, and can work when you want, where you want, and, as you build your business, how much you want.
The other huge benefit to domain investing is that the return of capital is absolutely amazing. Like an options trader, who invests a small amount in order to have a probability of earning a large return, but keeps a “war-chest” available to reinvest in case his trade doesn’t work out, domain investing is a numbers, and probability game.
You’ll find that you can purchase most domains for under $50 and will be able to sell many of them for 10-30 times your investment. But, if you just invest in a handful, you might lose your money. For example, let’s say you (conservatively) make a 10x return on domains you sell, but its a zero sum game so some domains never sell and you lose your entire investment.
If you have a 60% success rate, if you invest in 100 domains at $10 apiece, that’s $1,000 in capital. Sell 60 of them for $100, and you’ve made $6,000, but you don’t sell 40% and lose all of that money, so your total return is $6,000 on a $1,000 investment! That’s pretty incredible!
But, if you only bought 5 domains, the odds might not play out in your favor, and its possible you would lose money on every domain you purchased, get discouraged and not proceed to get through those early barriers and start earning money.
Finding a Good Work From Home Job
Domain investing requires patience and a fair amount of capital as a buffer to reinvest in the early days, which means that it isn’t going to be right for everyone.
If you want to work from home but don’t have the capital or web-savvy to start investing in domains, there are plenty of other options out there for you, ranging from freelancing to affiliate marketing, to surveys and telemarketing.
For more information, you might want to see http://onlinejobsathome.org, which has other resources for various types of online businesses you can start and run in your pijamas.