Domaining 101 -- Domain Parking (or not) -- Trying Out WhyPark

I mentioned in my prior post that I am working on my Internet business. I actually have been doing that for more than 10 years. Our tax firm's site FileTax.com was our primary "product." But there are more ways to generate revenue than just using We site as a marketing and communication tool.

One of the popular models to generate income, and lately it's getting sizzling hot, is by "securing" your domain names. Well, "securing" domain name means later on you'd want to develop the sites. But many "domainers" stop there. They simply make money by putting ads on their "parked" pages. Another thing domainers do is that they "flip" the domains they bought and sell them, hopefully at a higher price.

In the past few days I have gone from letting some of the domains sitting in my ISP and did nothing, to "parking" them. But today, I am moving some of them out to a site called WhyPark.com. (Disclosure, affiliate link.) So it's more than just "parking," they say. I sifted through a lot of information, and found some comments that I believe are pretty objective -- and they generally are positive ones. In short, WhyPark gives you CONTENT. It also helps you submit your pages to search engines.

It charges $99.95 for 100 sites. There's no lower entry option. I only got started (on the domain acquisition part of the business anyway), so I have less than 20 domains. But I think I will have quite a bit more in the near future.

So I'm giving it a try. I'm moving over my

EricZen.com
FamilyFinancePlanning.com
NosweatGourmet.com
SaveOnCard.com
WorkshopClub.com

Check back and I'll let you know how it goes.

Outline for Intro

• The economy is slowing. Many people are losing jobs -> see as opportunity to become a business owner.
• Or just are exploring the possibility to pursue your dream -- passion drives dedication. Dedication can lead to results.

• Lionel -- decades of experience helping small business owners taking care of their taxes, bookkeeping, and business planning.
  -> Lionel will focus more on drawing past experience and share with you strategies to help you succeed.
  

• Eric -- taxes, EA, technology, and financial planning. Increasing the amount of time he is spending on Internet business. Will keep a journal of how he is doing. Shares tips and new findings. You can read about this journey as it happens.