Domain Flipping-A Special Thank You To Gene Pimentel From The Nigerian Who Heed His Advice In 2011.

22 replies


Good day to everyone.

My name is Jideofor and I am from Nigeria (ain't here to scam you lol ). A few years ago, I was here just like everybody else, in search for information that would swell my account. I had often been fascinated by the thought selling website/domain names right from the first time I learned about it in 2008.

However, that didn't happen on time because I had no one that could teach me the secrets of the virtual real estate business. No thanks to the fact that the real domainers are not found in good number at most IM forums.

The twist-- I did website flipping for a few times and also introduced a friend into it. Website flipping is real, unfortunately, I found myself in a corner where I had no time to write articles, do backlink etc because I was first working and after a few months, I got admission to further my eduction. There was just no time to really follow the procedures that could bring in the moolah. But friend whom I introduced into the business made some good money from it.

Before I graduated from school, I would come on here to see if there was any information that could help. There was a thread created years back around domain selling that caught my attention on which I quickly click through. A few post downwards, I read Gene's comment and advise. I followed through and went to namepros which he recommended as the den of domainers.

Remember I said I learned about domain selling back in 2008? The truth is that I abandoned my account since 2009 that I created it. I think I left namepros the very day the account was created and my sedo account was created around that time. And when I got there... the theme looked familiar. A voice whispered:"Hey, you have been here before" it's my custom to use same name for my accounts, especially on international forum.

So, I tried same name and password as it's found on here... viola! Iogged in successfully and I started reading up posts of successful sales.

However, I still had doubts in my mind that people could sell just a name registered because I had become accustomed to website flipping and that people to don't buy just ordinary name, domain names specifically. I asked and I was told that what I see there were just domain names and not website, unlike what we are made to believe in the IM world.

I left school by 2012 and it dawned on my that I needed money and needed it quite fast. so, with the further assistance of a nameproser and warrior, (his namepros handle is LugioMike), I got to work, chose a niche, used google keyword tools research and sold my first domain name within 7 days (Every day isn't like that) for $500 with a $10 investment.


I did another $250, $300, and $320 within that time until I went for a compulsory National Service and had no internet access till I came out. I found myself broke again and with the little I have known, I did $1000, $3000,$1200 etc like that.

I would also want to thank Jeremy Baker, a brother, a Super DAD to his adorable kids, and a true friend. Being in a country where paypal isn't operational was hell but Jeremy made it easier to receive my funds. God bless you all.

Thank God paypal finally step their foot on our soil and hopefully we will start sending money with time.

Domain selling has brought me more money than IM but it's not as consistent as one would want the money to be, except you have some super domain names.

Sometime, I see IMers say crap about domainers... but if Google offered them some money for one of their domains, I am pretty sure they wouldn't think twice to let it go.

To succeed as a domainer, you have to be at the arena on time. It's a great business venture if you have a job. If you have enough time on the table and don't have much bills to pay, you can start as well. It's a business that require patience if you want the right money for it. follow emerging trends in the tech world that are about to go mainstream. 3d, cloud, wearables are mainstream trends already and those who had the better names sold theirs. Nameproser sold some3 .de cloud name as a pack for $30,000 less than 2 weeks ago. watch out for this on news media, mag,google news etc..

In conclusion, I would like to thank Gene Pimentel, LugioMike (I think he uses another handle on here and he hasn't been seen around on namepros due to college) and Jeremy Baker. Thank you all and God bless you.

Long Live Warrior Forum! Long Live Namepros.

P.S: If you are based in Nigeria and would like to do an interview on me, feel free to send me a PM.

P.S.S: Gene is hell of a comedian on facbook and always cracking me up with his daily post. But I am not so sure if he still flipps domain names and I didn't tell him the effect of his advice on until a few weeks ago.
#2011 #advice #domain #flippinga #gene #heed #nigerian #pimentel #special
  • Profile picture of the author Rick Rodd
    Hey Jideofor, good for you. I hope others find the success you have attained through hard work. Keep it up!
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    • Profile picture of the author jideofor
      Originally Posted by Rick Rodd View Post

      Hey Jideofor, good for you. I hope others find the success you have attained through hard work. Keep it up!
      Thanl you for your comment. I will keep striving for more.
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    • Profile picture of the author jazes
      @Jide,
      A Nigerian here too, i would have sent u a pm but i cant at the moment since i dont have enough number of post.
      I be glad if u can connect with me on fb(adelola sokoya) or you can send me a pm with your digits so i can ring you up.
      I hail o my brother. Cheers
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  • Profile picture of the author Gene Pimentel
    Jideofor - Thank you so much for the shout-out. It is people like you that make my business worthwhile. And yes, I flip domains on a daily basis - even more than before :-) It's a spectacular business. So happy to have been a part of your success.
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    • Profile picture of the author Val22
      Originally Posted by Gene Pimentel View Post

      Jideofor - Thank you so much for the shout-out. It is people like you that make my business worthwhile. And yes, I flip domains on a daily basis - even more than before :-) It's a spectacular business. So happy to have been a part of your success.
      Hey Gene,

      I am new to Domain Flipping and very eager to start mine as soon as possible.

      Is there any beginner guide you would recommend for me?
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  • Nice post, thanks for sharing and congratulations on your success. I hate when I read from brainwashed ZOMBIES that Nigeria is bad, I'm glad your are proving them WRONG!
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    soon people... Relax...
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    • Profile picture of the author salegurus
      Originally Posted by HelpingYouBeAnExpert View Post

      Nice post, thanks for sharing and congratulations on your success. I hate when I read from brainwashed ZOMBIES that Nigeria is bad, I'm glad your are proving them WRONG!
      Of corse you can't paint everyone with the same brush, having said that you also can't deny the facts...

      PS. Not a brainwashed ZOMBIE
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  • Profile picture of the author John_3771
    Hello and Congrats!

    Yeah, Gene is the go to guy for domain flipping in my opinion and he is a wonderful guy too.
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    • Profile picture of the author discrat
      Although I dabbled in Domaining a little bit with moderate success, I know there is real money to be made.

      Nice job and continued good fortune to you.


      - Robert Andrew
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      • Profile picture of the author jideofor
        double post
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      • Profile picture of the author jideofor
        Originally Posted by discrat View Post

        Although I dabbled in Domaining a little bit with moderate success, I know there is real money to be made.

        Nice job and continued good fortune to you.


        - Robert Andrew
        Yes , there is money to be had from domain flipping. One good skill is being able to ascertain the REAL worth/ value of a domain name.

        Sometimes, you might see a valuable domain name but a friend whom you showed wouldn't think it is any good.

        Like the popular saying which goes thus: "Beauty is in the eyes of the beholder"

        If you read my post carefully, you would see where I said there I went for National Service...

        while there, there was little to no internet access and my laptop was practically useless to me, except for fellow corp members who used my PC to entertain their eyes and watch movies with it.

        In that time frame, one year, I noticed that a domain was about to be dropped and in a niche with good sales history. The domain name was RobotPark.com and so,I ask friend to help me backorder the name but he refused on basis that, just like how IMers view domains, there is no backlink, no search volume, bla bla... I couldn't back order it because my PC was useless with no internet access and that was how the name ended in another person's hand through back order.

        That same name was sold about 2 months ago for $2,200.

        A domain name good for sale does not necessarily have to be one with statistical data at Google keyword planner, that could add to your success though but not in all cases.

        Most of the sold domain names dont have these data and yet they sell for mouth watering figures.

        A few years ago, there was a bitcoin thread created on this very forum. Virtually everyone on that thread laughed at the OP for creating such thread. But what is the outcome of bitcoin today? The reverse! last I read, paypal was considering integrating bitcoin into their system. A lot of bitcoins domain names have been sold for thousands.

        Unfortunately, I was not into domaining at that time around 2009 or 2010...

        check dnpric.es and type bitcoin into the search, hit search and see things for yourself.

        Currently, we (domainers) have sold a lot of domain names due to revolutionary impact of hemp,cannabis,pot, marijuana, vapor currently sweeping across the US and other parts of the world who are also catching on with the trend.

        A fellow nameproser sold PotCoin.com for $150,000

        The next train is drone and copter(s) and just picked up buycopters com a few days back. I also own Kopters de to serve the german market, currently bidding on one drone name, after which I will sit back.

        Go to namepros and start reading up. Even an Indian who is less than 6 months into domaining has sold domains worth over $7,000 . It's all about sharpening your mental skills to spot gems.

        Think value, a domain name should convey a commercial appeal for business owners who may likely use them and no, we are not talking about IMer here. The 2 don't mix well in my opinion(more like oil and water), but I am referring to offliners, big corp, who see how they can brand their business/domain to convey the right message portrayed by their vision and mission; by extension one that would suit their new project.

        A domain name should have some meaning. For instance when I say: Robot Park, you know what I mean. When I say BuyCopters, you know what I am into.

        That's the how it is played.
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  • Profile picture of the author misshang
    yes, earned most money in IM from domain flipping.
    gene is the real deal.
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  • Profile picture of the author Gene Pimentel
    Val22, I recommend beginners (and experienced domainers at all levels) spend time at the best domainer forums: DNforum.com and NamePros.com. There is a ton of education to be had there, and it will help you decide whether or not this is a good business for YOU.
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  • Profile picture of the author Tom Addams
    Fantastic post, jideofor!

    I also do domain flipping. I dedicate around 30 mins a day to it and thoroughly enjoy it.

    Keep up the good work. You're proof positive that hard work pays off!
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  • Profile picture of the author Gene Pimentel
    It's okay to be cautious of scammers from Nigeria or any other part of the world. That doesn't mean you're brainwashed into thinking all Nigerians are scammers. There are many wonderful people in Nigeria. Unfortunately, some of the most notorious scammers are from Nigeria, which naturally causes people to be more cautious. This is not a reflection on the good people.
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  • Profile picture of the author Shoppers
    Hmmm! Boss Jide, its nice having people like you doing it right. I've always been excited with Domain flippers stories, I ventured and bought medicalsafetytips.com at a time but couldn't do anything with it, would youu pls teach me? I just finished my university education too and would like to make some cash plss
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    • Profile picture of the author Gene Pimentel
      Originally Posted by Shoppers View Post

      Hmmm! Boss Jide, its nice having people like you doing it right. I've always been excited with Domain flippers stories, I ventured and bought medicalsafetytips.com at a time but couldn't do anything with it, would youu pls teach me? I just finished my university education too and would like to make some cash plss
      I'm curious, why did you register MedicalSaftetyTips.com? Did you have specific buyers in mind?
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  • Profile picture of the author mcdelight
    Jideofor, you are doing a great job. Am particularly happy to know that a fellow Nigerian is making us proud in the IM world.

    I have silently made money online flipping websites on flippa, I have not tried domain flipping though. Your success story is an inspiration and that has kept me reading and researching on the subject.

    I have come up with a domain name which i consider "hot" but it is a .uk extension. Since i do not reside or own a business in UK, i am worried if I will not be asked to provide further documentation.

    Please i need advice before i make the purchase.

    Cheers!
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    • Profile picture of the author mufad
      Hi Friends,
      I am so glad to hear that domain flipping is still a viable business model on the Internet. I had flipped some domains in 2005 and then kind of semi retired from IM. Back now to find the old methods are still gold.
      With the launch of the new extensions like .cool .company .xyz etc, I feel that the value of the .com will decrease in time as people move to a more relevant extension for their business. For the new extensions to be successful we need to educate the users.
      I am building a product keeping this in mind, see my signature for link,
      I will post a request for review for review soon,
      I plan to make it available to warriors for no cost in exchange for a review or testimonial,
      What do you think about this product (link in signature) ?
      Regards,
      Mufad.
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    • Profile picture of the author mufad
      Mcdelight,
      A .co.uk is good, it second to .com in terms to reputation after .edu in my opinion, but .edu cannot be registered without being an educational institution in the US.
      A plain .uk is less valuable than .co.uk I feel, most online marketers who want to target a global audience will not want to use a 2 letter country tld domain extension because it restricts them geographically.
      All the best,
      Mufad.
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  • Profile picture of the author Gene Pimentel
    Excellent, Mo. I learned most of what I know about domaining by spending time every day, for years at the domaining forums.
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