Here is what Rick Schwarts thinks you can do to make million dollars in domain names :
"This is simply one of the most valuable posts I have EVER made. Today you can plant the seeds of success in a purposeful way. Whatever did not work for you yesterday is now behind you. If you read this, if you study and understand what I am saying, you will turn frustration into success. With this single post and the links I have to some of my key posts over the years, you can be a top tier domainer.....TODAY.
When Berkens and I get together sometimes we talk about how many people keep telling us how wrong we are. How we do this wrong and that wrong. I mean too funny. We compare notes and stories. Like I said, too funny.
A few weeks ago there was a specific comment about one of the domain names in our auction having no value. Well in fact it did sell and it does have value. But the guy pointing to that particular domain never did an ounce of legwork to find out. The domain was ThermalScanners.com. I thought it was a good domain name. Berkens picked it up for $2K. So there is an example.
Go Google Thermal Scanners. They are medical devices and scanners and some can run into 6 figures. But of course this domain has no value according to this domainer. If that was Mike's first purchase, he would be LIGHT YEARS ahead of most. So the path is not difficult. What is difficult is the discipline to stay on the path despite all the naysayers on the sidelines. The discipline say no to a low ball offer. Buy diamonds or buy glass. It's the same effort and the price is not that different when you know what to look for. If you don't know what to look for, you have two choices. Learn or walk away.
- Don’t quit your day job. You will need to finance your first few domains
- Read #1 again and again and again. Don't quit your day job until it interferes with your earning capability."
You can read the entire post here .



