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Here's the The Lowdown
from DN Journal,
updated daily
to
fill you in on the latest buzz going around the domain name industry.
The Lowdown is
compiled by DN Journal Editor & Publisher Ron
Jackson. |
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Recommended
Reading: Escrow.com's Close Call, MHB's History
of the Domain Business & Andy Booth's Ascent
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Our
readers
are
unusually bright people who stay up to
date on what's going on around them (I know this
is blatant pandering to the audience - but, hey,
this is an election year you know!), so I
don't usually recommend reading because odds are
you've already read anything I might
point to. Still, I read three articles this week
that I thought were especially interesting and
relevant and will remain so for a long time to
come, so - on the off chance that you missed any
of them (and knowing that I almost missed one of
them that is several months old myself) - I
wanted to add a brief review and link to each of
them for you and for posterity's sake.
Let's
start with the newest one, a fine piece
about Escrow.com by Owen
Frager that just came out
today. Like just about every other
domain buyer and seller in the business
I have been using Escrow.com for many
years and have been acquainted with
their brilliant and personable CEO Brandon
Abbey for most of those years.
Still, Owen dug up some interesting
information I was not aware of,
including the fact that the company came
close to dumping its invaluable
category-defining name - Escrow.com - in
favor of some forgettable coined brand
name (in this case Finera, which
for some reason makes me think of a
company that bakes bread, not one that
handles money)! Fortunately (and thanks
primarily to Brandon), that never
happened and, under the Escrow.com
banner, there is no doubt about
what this popular, well run company
does.
In
addition, Owen reported on the crash
of an airliner that Brandon happened
to be riding in. With its landing
gear disabled, the plane managed to land
on its belly and everyone |
Escrow.com
CEO Brandon Abbey |
survived,
but, as you would imagine, it had a big
impact on Brandon's outlook on life.
The elements Owen found make this well
written story about a household name in
our industry especially illuminating.
Escrow services, like most financial
transactions, are one of those things we
just take for granted. There is
not much drama there (unless
something goes wrong) so no matter how
superlative a company in that field is,
they rarely get the kudos they deserve.
Owen rectified that, putting Escrow.com
in the spotlight, giving them their well
deserved due and giving us a
very interesting story to
boot. |
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Michael
Berkens |
Earlier
this week, Michael
Berkens, a domain industry
pioneer who has made millions buying and
selling domains and also authors a great
blog at TheDomains.com,
wrote an excellent piece on the
history of this business (a history
he has lived through, making it a topic
he can address with authority) called It’s
Domaining 6.0 & It’s Is All About Branding.
Every
pro in the business reads Michael's
blog, so I know all of you in that
category have already read the piece.
But if you are a newcomer to the
industry who missed it, or you stumble
upon this post at some time in the
future, read Michael's article for an
excellent summary of where we have been
and where we may be headed next. |
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Last
but not least, last fall Nat Cohen
wrote a terrific in
depth profile of up and
coming (actually already here)
domain star Andy Booth that I
somehow missed reading until seeing a
link to it somewhere a few days ago. The
thing that makes this story at Nat's
blog, DomainArts.com,
timeless is that it proves, yet again,
that it is never too late to
succeed.
Based
in England, Andy, who is one of
the most personable young guys in the
business, started from scratch just six
years ago at the age of 22, yet he has
already reached a level of success that
most of the rest of us are still dreaming
about. The story tells you exactly how
he did it and
how domains have enriched his life in so
many different ways. You keep hearing
people say what a great business this is
with endless opportunities and
Andy's story shows you that, despite the
never ending changes in the industry,
that is still as true as it ever was. |
Andy
Booth |
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(Posted July
12, 2012)
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