In my recent embarkings upon the world wide web, I have begun to understand the importances of domain names. Yes, I know, I am late to the game. Is it half-time already? But seriously, everything on the internet revolves around domain names. Domain names are the addresses of spaces owned by everybody from people like you and me, to people like Bill Gates who start the multi-billion dollar companies. These "spaces" or "addresses," as they are sometimes referred to, host information on Everything and Anything. Literally.
You knew this already, and so did I. What I had never thought about before, though, was buying prominent domain names and then reselling them on websites such as Sedo (note: many domain auction sites do charge a commission rate). This, as it turns out, is a very profitable business to go into. All you need to get started is less than $10. Buy a domain name that you think holds some merit, then sell it. If you do not like the idea of selling your domain on an auction website, try selling it on webmaster forums (many of these will have domain name sections in which you can do this). Many potential domain buyers post on in these communities. How do they pay you for your domain? Very simple. Clarify that you will only accept paypal payments. Most people will have no problem with this, and as a matter-of-fact, most prefer it (if you don't have a paypal account, go click here)!