James,
Let's start this conversation out by the fact that some business solution ideas succeed and some do not. Some take
tweaking, some don't succeed even with tweaking, and a few solutions work well.
You and I discussed this concept in many conversations and you thought it was a good innovative idea as did I.
In fact you thought it was such a great solution you wanted to market it which you did for 2 of your clients.
The premise was to find a solution to provide income for domains that require time to grow traffic and revenues.
It certainly wasn't designed to be a scam in any way shape or form. And I will stand my ground on that emphatically.
Each domain has a limited fixed income period of 1 or 2 years and then goes onto a regular ad sales platform which
is not fixed. From my side I saw it as a way to create good income for a domain buyer so they could end up the year
with their domain acquired ending up at a zero cost (the fixed income would offset the purchase cost) and they'd
have a nice profit by the end of the year. I figured this innovative solution would enhance domain sales with a specific cost
factor to me as the seller and my being responsible for generating the income on ad sales so it would end up as a wash
and then me taking a slight loss at the end when the profit payments. So I wouldn't make money from the domain sale, but
it would be a good deal for both the buyer and the seller since I figured more domains sold would enhance the number of clients I provide brokerage services for. Thus a win-win even though I would end up with a slight loss on my side of the deal.
You acquired 4 domains, 3 at $1500 and one at $450. You earned so far $4,800 since acquiring them in 10 monthly
payments. So that clearly illustrates I did not scam you. You have 2 payments remaining on your 3 domains and 6
payments remaining on your 4th domain.
The 2 clients you marketed the concept are 1/2 way through their payments for a total of $1800 sent to them.
So to come on DNF and distort things is grossly unfair. Especially since asked me to buy into 2 of your .TV domains
which I gladly did, one of which I brokered for you and got you a very good profit on and one we still hold together as 50-50 partners. You've made more money with me than you outlaid so please don't distort that fact either.
Only 10 of my clients decided to try this program during the past year. So don't blow this out of proportion size wise either.
The domain market as we all know became very depressed with so many domains for sale flooding the market, ppc income diving, google changing algorithms and impacting site traffic, and every other factor out there.
That all impacted several components of the concept and made it way more
costly from my side so I decided to just limit it to the beta period and just do the payments remaining for everyone.
Everyone who knows me knows I work very hard for brokering domains as well as coming up with new business ideas. And like we all know and as I said above, some idea work, some don't in business.
I don't appreciate you trying to trash me now after you've made money with me and only have 2 payments due on your first group out of 12 paid you.
And yes I've had a lot of successful ideas and a some that were unsuccessful like every other entrepreneur out there. But I work 7 days a week for my own deals and even harder for my brokerage clients. If I hadn't done good things I certainly wouldn't have been asked to speak at a big conference like TRAFFIC to share my years of knowledge, and experience with everyone and I had many come up to me afterwards and thank me for sharing so well.
One thing I have learned in business is when one division's idea doesn't work, you don't sink your ship to make it work or you'll make everything get impacted. The best way is to either come up with solutions or just stop the business of the division, take care of the remaining obligations, and call it a day. So I have been continuing payments as promptly as is viable without impacting other programs that are working. But we are in a very shaky economy right now and all of us have seen dramatic uncertainty, declines in revenues, and I am one to be frugal and cautious with expenditures during times like this to keep strong and be able to complete obligations. And I clearly stated that to you for the timing of your remaining 2 payments.
But geez James, to take this grandiose approach to attempt to defame me and libel me like my idea had ill intent is unfair. I have great stuff happening right now on the brokerage side so everything is good in that respect.
I also asked for phone calls to discuss but you didn't reply. So don't distort that either.
And yes this has been a stressful year so far on the personal side since my mother was hospitalized in January and still is very ill and has been on the verge of dying. When that happens in life it takes a big toll on your time and mind.
I am a good domainer and I do have integrity and I always strive to do my best and make every new business idea work to it's fullest potential. I've made a lot of money for my clients since getting into domain investing for over 14 years now and I'm not going to allow you to make me look like an ass clown and not defend myself and my reputation.
And I'm not going to be vindictive and say things I could about you either. That's not my style. I welcome discussion and I always welcome communications to solve issues on an amicable basis.
Everyone who knows me knows how much I value my reputation and that I would never let anyone tarnish that.
If anyone would like to discuss my comment here or ask me questions directly about this situation, I can be reached by e-mail at
[email protected].
