Do you own a domain name? There are more than 362 million domain names registered worldwide, so I bet you do.

1.

Hundreds of millions of people own a domain, but very few understand the true power of domain names and the enormous potential value they bring to their businesses.

Here’s a great example: Jamie Siminoff upgraded from GetDoorBot.com to Ring.com, which cost him $1 million. Crazy, right? Not so much, since he attributes $30 to $40 million of his business valuation to the Ring.com domain name when he sold his company to Amazon.com in 2018.

Also, how do you think those companies you use every day got their start? Did you know that Dropbox.com started out as GetDropbox.com, Facebook.com was TheFacebook.com, and Uber.com started out as UberCab.com? Imagine if these businesses hadn’t snagged such valuable domains. Do you think they’d be as successful?

In short: Domain names are like real estate. Snag a great plot, and it can add literally millions to the value of your property (...in this case, your business).

- from https://www.dnacademy.com/ -

2.

Domain names are where ecommerce is happening.

This Youtube link can help you understand WHY invest in domain names? By "Domainsherpa"

3.

Most entrepreneurs start 2.3 businesses in their lifetime.

Roughly 500,000 businesses startup every year in the USA alone, and each business needs a brand and matching domain name. Just like every developer needs a plot of land.

Choosing the right brand and domain name is one of the most critical aspects of the startup. It can give you authority with customers, and investors, or it can make you look like a joke. It can make or break your offering. It can dictate future success...or failure.

- from https://www.dnacademy.com/ -

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