04 Feb '13, 11pm

(Morgan Linton) Domaining MBA Monday: Save More, Spend More, Make More: In business, cashflow is king. You need

In business, cashflow is king. You need to have money coming in at a faster rate than money is going out otherwise you are creating a money pit, not a business. Once you have a steady income stream and have some nice profitable months it’s time to look at how you spend your money. All businesses have costs and with a domain business, the less of your profits you spend on things like hosting, domain renewals, advertising, development, etc. the more you can spend on adding solid domains to your portfolio. Spending less on these services doesn’t mean lowering your quality of service or even changing providers. If you can save $100, $1,000, or even $5,000 a month that money can be spent on adding quality names to your portfolio, while still using the services you know and love. While I’d love to take credit for this tip, I myself learned it from a seasoned Domainer who explain...

Full article: http://morganlinton.com/domaining-mba-monday-save-more-sp...

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