What’s a great money earning strategy? Cybersquatting!
I have to say, it is a very smart notion; buying and securing domains that big companies would want is a good investment. Even though it creates a lot of trouble for the big companies, it is very profitable for the person that the company would have to buy the domain from.
ON ANOTHER NOTE
Although reading the fine print may be hard, it is best to read it anyway, just in case one day you need to take an issue to court. The majority of people, if not everyone, usually just check the “I agree” box without actually reading what they’re agreeing to; I admit, I don’t put in the time to read the fine print either. This article illustrates a lady, Katerina Braverman, who loses her website to her former business partner. As of recent, her partner had taken the site and changed it for her own business, which is a direct competitor to Braverman’s business.
I’ve bought a domain and worked on various sites before; it really sucks to have all your work and your business jeopardized just because of a former business partner. Business owners should ensure the security of their domains and make sure nothing jeopardizes these domains; to lose all the hard work, that you have put in to making your company successful, is extremely stressful and off-putting, especially if you decide to take it to court. You lose the money you have invested in your site, and also through legal proceedings.
For more information on this topic, take a look at the original article on Global News at this link!
Image Reference
Ingyenes a .ga Domainek Regisztrálása. Digital image. ITE.hu. N.p., n.d. Web. 06 Oct. 2013. <http://ite.hu/ingyenes-ga-domainek-regisztralasa/>.
What Is a Domain? Digital image. IP-1 Simple about Complex. N.p., n.d. Web. 06 Oct. 2013. <http://www.ip-1.com/wiki/what_is_a_domain_.htm>.