POWERS

#271 - Peter Askew - Founder of Deep South Ventures - Investing in Domain Names


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Peter Askew runs a bootstrapped, .com domain development business (often solo). He typically sources domains from the expired aftermarket and uses their descriptive nature as inspiration for each venture.


Current projects: VidaliaOnions.com | RanchWork.com | DudeRanch.com


On this episode Chris & Peter discuss:

  • Investing in domains 101 and why ".com" is king
  • How to build job boards & why they're so valuable
  • How to build businesses from purchased domains
  • Key Takeaways:


    (2:05) - How did you become a failed domain investor?

    (6:42) - What does “building a project” mean in your world?

    (13:30) - How would a common person find these domain marketplaces?

    (16:36) - How do you value Domains?

    (21:47) - How did you get from buying a domain for onions to actually selling the onions?

    (27:05) - Why aren’t you in a hurry to grow the business?

    (28:30) - The domain industry

    (31:24) - What makes an amazing domain investor?

    (33:15) - Can I simply license out domain names?

    (37:21) - Can people hack and steal domain names?

    (39:04) - Does AI or Web3 disrupt this space?

    (40:37) - What’s the most valuable domain name in the industry?

    (42:14) - Do you have to have a site in order to monetize a domain?

    (45:47) - How would you build a job board for an industry from scratch?



    Additional Resources


    👉 Peter on Twitter - https://twitter.com/searchbound

    👉 Peter on how to build a niche job board

    👉 Snap [NAMES] - https://www.snapnames.com/

    👉 DropCatch - https://www.dropcatch.com/

    👉 UDRP - https://www.icann.org/resources/pages/help/dndr/udrp-en

    👉 NamesCon - https://namescon.com/

    👉 NameBio - https://namebio.com/

    👉 Sedo.com - https://sedo.com/us/

    👉 Dan.com - https://dan.com/

    👉 GoDaddy Auctions - https://auctions.godaddy.com/beta



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    The FORT Podcast with Chris Powers is a place where you can find meaningful conversations about entrepreneurship, real estate, investing, and more.


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