This business idea involves a little speculation, but the right domain names can earn a lot.
Domain name trading has been around for the last couple decades, and while most slam-dunk names have long been sold off (Insure.com went for $16 Million in 2009) there’s still plenty of others that you can get your hands on for relatively cheap and broker as your side business idea. But beware: some experts doubt the long-term viability of this business idea, so you shouldn’t quit your day job just to put all your effort into this one without some successes already in the bag. If you know how to name a blog the right way, you could even use a smart domain name generator to find and buy a good name today, with an affordable monthly hosting plan—then sell it one day in the future as the right buyer comes along.
