From Scallop Kingpin to Selling 8-Figure Domains (4K)
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- čas přidán 16. 07. 2024
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Resources/show notes from this episode: tim.blog/2023/12/20/andrew-ro...
Andrew Rosener (@andrewrosener) is the founder and CEO of MediaOptions, which has been the #1 domain broker in the world for the last six consecutive years. Since 2008, Andrew has been involved in more than $600 million dollars in domain sales and has played a pivotal role in numerous high-profile domain-name transactions, including X.com to Elon Musk, Zoom.com to Zoom, and Prime.com and Podcast.com to Amazon, as well as thousands of others.
Andrew is an inductee of the Domain Name Hall of Fame; he was named Domain Investor of the Year by TRAFFIC; and he is the creator of the Rosener Equation, a formula for objectively valuing domain names, widely adopted by the industry.
Andrew is also the owner of DomainSherpa.com, the industry’s leading educational podcast.
Please enjoy!
[00:00] Intro
[00:14] Who is Charlie Tuna, and what are his tenets?
[25:17] Presidential ham and the value of owning coveted domains.
[30:10] Tess Diaz enters the picture.
[33:57] A domain industry overview.
[38:01] Domain investors vs. domain squatters.
[41:32] Getting a late start in the game.
[45:40] Brokering the sale of pizza.net.
[53:09] Why relocate to Panama in the midst of building a business that needed to make $250 per day?
[56:48] PSA to stick around for Andrew’s answer to how he thinks about “hunting bigger fish”
[57:12] Leasing vs. buying a domain as a startup.
[1:08:02] Leasing vs. selling a domain as a holder.
[1:11:40] How important is securing your brand as a .com?
[1:14:00] Negotiating equity in lieu of cash.
[1:18:01] Are we in the early stages of a digital real estate boom?
[1:20:53] Why did Andrew buy Fuckyourself.com?
[1:24:49] Anger management.
[1:31:05] Email management.
[1:33:58] How will AI affect the domain industry and SEO business?
[1:40:29] Alternative uses for domains.
[1:50:23] Finding Andrew and his projects online.
[1:51:16] Pursuit of happiness.
[1:57:42] Avoiding attraction to unnecessary pain.
[2:06:42] Three most important influences.
[2:09:54] Parting thoughts.
[2:12:12] Hunting bigger fish.
Tim Ferriss is one of Fast Company’s “Most Innovative Business People” and an early-stage tech investor/advisor in Uber, Facebook, Twitter, Shopify, Duolingo, Alibaba, and 50+ other companies. He is also the author of five #1 New York Times and Wall Street Journal bestsellers: The 4-Hour Workweek, The 4-Hour Body, The 4-Hour Chef, Tools of Titans and Tribe of Mentors. The Observer and other media have named him “the Oprah of audio” due to the influence of his podcast, The Tim Ferriss Show, which has exceeded 900 million downloads and been selected for “Best of Apple Podcasts” three years running.
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Great episode! Tim, I have a question for you! Why do you release episodes on different schedules on CZcams and Spotify?? I am a CZcams user and only a limited Spotify user and you typically release episodes on Spotify before CZcams. I was just curious why you would choose to do this and also request that you don’t 🤪
Good work Tim Ferris
Andrew Rosener is the GOAT! Great interview for anyone who wants to learn more about the importance of domain names.
Importance of domain names? Seems like a very obscure topic and niche crowd - maybe 3-4 people on planet would want to take 2hr 12min to learn about that. But what’s the importance of it? And why would it help you to learn *that it’s important*? Just know it’s important and act accordingly. Doesn’t help me for this guy to tell me that something is important or why it is - what would help is telling me how to do it better.
The episode we didn't know we needed!
Also, love the in person great quality, CZcams podcasts, please keeping them going Tim!
I've heard of Andrew before, seems to have success in domaining
Amazing podcast! Such an interesting story, brilliant conversation, and thank you so much Tim Ferriss, for sharing such a unique business !
Loved this episode. I hope you keep bringing on interesting kinds of tech sales guys like this. Loved it.
Sales is a boring field
@@patrickm8360It sure is if you’re stupid
The King of Domains! Can’t wait to listen.
Domains?
One of your best episodes
That was great. Tim, business is you are core genius and most of us follow you because of the 4HWW. Do more of this.
Love this episode!
*drew is a complete legend 💫*
100%. A lot of things that are considered as "normal" in our society and done unquestioningly by the majority are in fact quite unhealthy. Growth and success, in this fast-paced so-called modern world, then comes from going against the "normal", "average", and the "majority". Be a copy of a copy or be the best in the world at who you really are! 😍
What are some examples
Great podcast. Learned a ton
This was a really fun and insightful conversation, I really enjoyed it! 🙏
great synergy..
I definitely was looking at domain names available before naming anything around brand
Wow!!
Where are the show notes?
lmao this mf is collecting rent on domains. incredible, love this guest
34:20
1:08:00
Scolllops... Can't get over how he pronounces the word, scallop.
Great conversation.
There was a pause 28:02-28:15
Your point?
Just pointing out the blank 13 seconds if it’s needed to be edited.
One of my least favorite TF podcasts in the past year
This why you need to hold $GFY (NFA)