Comments on: Plenty of Fish .. Plenty of Risk http://domainnamesales.com/sevenmile/2007-10/plenty-of-fish-plenty-of-risk/ Frank Schilling's Official Blog Mon, 29 Nov 2010 16:54:06 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Andrew Johnson http://domainnamesales.com/sevenmile/2007-10/plenty-of-fish-plenty-of-risk/comment-page-1/#comment-4496 Andrew Johnson Thu, 01 Nov 2007 07:10:38 +0000 http://www.sevenmile.com/2007-10/plenty-of-fish-plenty-of-risk/#comment-4496 I interviewed Markus for my blog over a year and a half ago when everyone thought he was a liar. Everything he did was very much contrary to what the mainstream was teaching -- from how many servers you need to how your web site should look. The story I saw was of leveraging technology. He built a system that effectively runs itself. His overhead is tiny (no VC, no debt, no employees, super-optimized servers.) Proportional to the capital required, he is receiving an enormous return on his asset. This is a very similar story to that of domainers. Does the value really evaporate if he dies? From what I understand, his site very much runs on "autopilot." How else do you scale to the #1 dating site in Canada and the UK? As a domainer, you do not have to do any more or less work if you have 1,000 visitors a day or 1,000,000. That future where robots replaced thousands of human workers, well, its here. And pay close attention to Markus, his story should be a case study on the future of business. It is for me. He also writes a good blog at http://plentyoffish.wordpress.com/ ***FS*** He has done a terrific job.. but I run one of the lowest overhead (management) investments there are and nothing... nothing runs on autopilot.. There are still fires to put out.. They're just smaller fires. I interviewed Markus for my blog over a year and a half ago when everyone thought he was a liar. Everything he did was very much contrary to what the mainstream was teaching — from how many servers you need to how your web site should look.

The story I saw was of leveraging technology. He built a system that effectively runs itself. His overhead is tiny (no VC, no debt, no employees, super-optimized servers.) Proportional to the capital required, he is receiving an enormous return on his asset.

This is a very similar story to that of domainers.

Does the value really evaporate if he dies? From what I understand, his site very much runs on “autopilot.” How else do you scale to the #1 dating site in Canada and the UK? As a domainer, you do not have to do any more or less work if you have 1,000 visitors a day or 1,000,000.

That future where robots replaced thousands of human workers, well, its here.

And pay close attention to Markus, his story should be a case study on the future of business. It is for me. He also writes a good blog at http://plentyoffish.wordpress.com/

***FS*** He has done a terrific job.. but I run one of the lowest overhead (management) investments there are and nothing… nothing runs on autopilot.. There are still fires to put out.. They’re just smaller fires.

]]> By: Andy Sweet http://domainnamesales.com/sevenmile/2007-10/plenty-of-fish-plenty-of-risk/comment-page-1/#comment-4491 Andy Sweet Thu, 01 Nov 2007 00:13:38 +0000 http://www.sevenmile.com/2007-10/plenty-of-fish-plenty-of-risk/#comment-4491 Funny you should mention getting hit by a bus. At my last place of employment, we actually had do develop 'Hit by Bus' books where we listed in detail every process, contact, account and password we had in case someone had to step in immediately. It was a pain to set up at the time, but it's a practice I've carried with me ever since. Funny you should mention getting hit by a bus. At my last place of employment, we actually had do develop ‘Hit by Bus’ books where we listed in detail every process, contact, account and password we had in case someone had to step in immediately.

It was a pain to set up at the time, but it’s a practice I’ve carried with me ever since.

]]> By: Edwin Hayward http://domainnamesales.com/sevenmile/2007-10/plenty-of-fish-plenty-of-risk/comment-page-1/#comment-4490 Edwin Hayward Wed, 31 Oct 2007 23:22:12 +0000 http://www.sevenmile.com/2007-10/plenty-of-fish-plenty-of-risk/#comment-4490 There's a great biz t-shirt slogan buried in the original article: "Positive cashflow means never having to say you're sorry..." There’s a great biz t-shirt slogan buried in the original article: “Positive cashflow means never having to say you’re sorry…”

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