….to my last post. I wrote briefly about failure (or, more correctly……life’s struggles AND failure)……
So, last night I was listening to ‘Planet Money’…..a great podcast put out by NPR. The topic was top-level web domains…..and how that field has widened. That field has REALLY widened! You can give the episode a listen to learn more, but this stuck out:
A young woman who said she is a tech contractor and works ‘in the basement’ at the Pentagon had an idea to start a top level web domain named ‘.wed’……of course, it would be for people about to get married, or planning their weddings etc. She was smart and sounded gritty and determined. To get ICANN to grant her that top-level domain, she had to fill out loads of paperwork and pay them (take a deep breath): $185,000. This was somewhere around 2012 (roughly). She scraped the money together and did it.
In the interview with her……(she charges $70 for the first year, $70 for the second year and $30,000 for the third year)…..she said she’s only sold about 75 domain names…..my calculator tells me that comes to $5250. That means she’s got about $179,000 left to JUST MAKE HER MONEY BACK!!! I’m not laughing at her bad fortune, far from it actually. If you (like me) tend to think that EVERYONE IS TRIPPING OVER BIG BAGS OF MONEY and you’re not…..I offer this woman as an example. She took a risk and it isn’t working out so great!