Your question was: How GoDaddy?.
One idea might be to get that keyword in another language.
It's easier than in English and sometimes they pay really well...
Damn, I thought it was step by step guide on some new undiscovered method on obtaining a one word short generic dot com..
Haha sorry bud..I really wanted to get people in here.
I am evil.
Get credit cards. That's how I started to "really" domain. Was in the same position you're in right now. Only charge what you feel you can pay back!..
That would be dangerous to anyone just starting out. Only buy what you can afford now. At least until you learn the ropes...
Yes I don't have a credit card which takes me out of the after market but I will eventually get one because you do need one for living in general.
Rbedell you make a good point as well..gotta spend within limits.
Keep the advice flowing.
A word to the wise, never spend money you dont have!..
This is the way I planned to go about domaining. I am also 20 and I started reading Namepros back in the very beginning of 2006. I had money to invest in names but decided to put the money in the stock market instead. I did stuff on the internet to make money to buy names. Now this past summer after having been around learning the market I decided to create a plan and see if I could make some money at this.
I purchased a CVCV.com in August for $500.
I also purchased a bunch of LLLL.com.
I Purchased a few L-L-L.coms.
I traded the CVCV.com for a LLL.net and $100 cash.
I sold all of my LLLL.com and L-L-L.com (around 300% return on these).
Sold the LLL.net for 1k.
Purchase and Flip LLL.net.
Purchase and Flip LLL.com.
I am to step 5 and now have enough money to buy 2-3 LLL.net names. I have gone from not having enough money to buy an LLL.net to being able to buy two or three. I also have a bunch of LLL.in names that I bought with the money from flipping the LLLL.com and L-L-L.coms. I guess you could say I have been luck so far and I will probably lose all my money in the next few months but at least I am having fun...
I've have thought of this buy, flip, reinvest strategy.
Seems to be working for you.
I don't really have a plan.and I think I need one. (only makes sense).
Any one else used the buy, flip, reinvest strategy to quickly increase revenue and grab some nice names?.