Buy for $10 to $50. Sell for $99 to $499 wholesale to another investor who can retail price 20x to 50x more. You can start with as little as a couple hundred dollars. See mi.ke/challenge for how I started with $500 and turned it into $6,000 in a year *only* through GoDaddy channels (which was limiting). If you dig into the spreadsheet and the podcast, you can see exactly how I did it. It just takes your time to do the work. Let me know if you have questions after reading and listening.

New domain investors should start by flipping domains. I've emphasized this since the @DNAcademy Investor Challenge, and Yoni Belousov's @DNJournal recent cover story illustrates why. Repeatable, smaller profits do more than grow your capital. They teach you what sells. When you sell to more experienced investors, you're getting feedback from people putting their own money behind their judgment. You learn what they buy, what they pass on, and at what price. That helps you develop your eye for value before accumulating hundreds of domains that businesses may never want. An investor purchase doesn't guarantee an eventual end-user sale, but it's stronger validation than your own conviction. Look at Yoni's progression: 1. Build cash flow. Affiliate marketing and parking funded his early acquisitions. A beginner today needs another funding source, whether a job, services, or a business. 2. Learn a defined market. He focused on comparable, relatively liquid domains where pricing was easier to understand and mistakes were less costly. 3. Flip and reinvest. He prioritized sales velocity. Repeated transactions built his capital, market knowledge, and buyer relationships. 4. Move into buy and hold. Once better capitalized and more experienced, he could acquire less liquid domains and wait for larger end-user sales. 5. Expand from that foundation. The capital, expertise, and relationships he accumulated positioned him to buy portfolios and eventually operate registries. The sequence matters. Buying and holding requires both the judgment to choose well and the capital to wait. Flipping helps you develop both. Full story in the next post. 🧵