Archive for July, 2011

Outsourcing and its’ Impact on Web Designers and Programmers

Monday, July 18th, 2011

Hi,

The one great fear any nerd has is the specter of outsourcing – will my job be outsourced to some cheaper part of the world?

Yes, free trade is really not free trade, it’s actually opening up barriers to allow big American, Canadian and European companies to ship jobs to much poorer countries so that they can save money on cheap labor.

The people who benefit are:

  • The executives of the big companies, since they can pay themselves big bonuses. Of course, they are the few who WILL NOT have their jobs outsourced!
  • The hard working people in the poorer countries – people of the west should not bear them any ill will. They are simply trying to earn a living like anyone else.
  • Bankers – who see the stock prices rise in the publicly traded corporations. In fact, it seems the big Wall Street banks were the major force behind outsourcing.

… But it is not all bad for SMART web designers and programmers working in the crumbling west. Read on and learn how!

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How to Value Domain Names

Thursday, July 7th, 2011

what are domain names worth

How to Value Domain Names
A nerd’s Guide to the Business of Domain Names

Domain name speculation is a game/business that started the 1990’s, where less than savvy investors got hosed and bought up domains for huge sums of money … sometimes in the millions.

Like any speculative bubble, once the public smells easy money, whole industries are created and the game goes on until there aren’t any suckers left. See housing and the .com bubble days for examples.

Domain Name Speculators

There is now a class of web entrepreneur – people who buy domains and then they try to flip them for huge profit. People who buy to flip, are speculators. Speculator is a nice name for gambler.

Beware: the game of domain name flipping is pretty much the same as the game of house flipping … once people figure out that much of the perceived value is just a bunch of crap, the fake value crashes.

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