Start SMALL And Work Your Way Up
(This sadly wasn’t the post I wanted to bring to you today, let’s just say I’ve misplaced the sheet of paper that I’d written it on! Saying that though, I think you’re going to enjoy this post just as much!) 
Just like when I first got started online, all I was looking for was some quick cash! After a week, I was very upset that I hadn’t even made $1. Yip, on measly dollar! – In other words, I was a complete newbie who didn’t really know what he was doing!
Moving on!…
A few days ago I headed on over to my domain registrar, as I wanted to just see how many domains I had exactly. Over my past couple of years online, I’ve gathered a few over the time. I can safely say though, that I don’t own anymore then 20. Considering there are people with 100+ I don’t think I’m that bad, maybe I still am!
So after taking a look at them all, I decided that there were a few I didn’t want to keep, so instead of just letting them expire I decided to sell them on the NameCheap Marketplace. Now remember, at the time of purchasing these domains, they cost me $8.41 or something like that.
I picked this particular domain and set upon listing it into the marketplace. After writing a small description, I set the price I was asking to $12. The default 7 days was just left the same, and I hit submit and there we had it. The domain was successfully listed, and I’d hopefully get $12 for it if someone wanted to purchase it from me.
3 days later I logged back into NameCheap, and there was my $12 (Minus 10% NC take!) sitting there in my account. Now I know it wasn’t much, but there was still a slight smile coming from me. But WHY some might ask?
$12 -$8.41 = $3.59 PROFIT
Now that’s not bad for what turned out to be 10 minutes work.
I still enjoy making these small profits though, even after I made $269.32 through ClickBank for the first time. (As I blogged about here on my blog!) – I mean, how do you eat an elephant? One bite at a time! 
Mark
Exceptional post this one, perfect for the newby to IM.
It is all about one step at a time, walk before you can run kinda thing isn’t it?
I remember when I started out, I thought IM was all a joke “no money to be made here! (I naively said!) – then I made my first automatic Clickbank cheque and reinvested the proceeds!
Since then I have’nt looked back. Of course Web 2.0 is really the key to success nowadays, I’d been keen to hear more posts like this Mark.
As you rightly say: Slow and steady wins the race
Regards
Ray
Hi Mark
When you’re starting out ANY amount of money is a big success – whether it’s $1 or $100 – because it let’s you know it’s actually possible. Once you’ve done that it’s just a case of building on it (something I know many people have said thousands of times, but it doesn’t make it any less true.)
I’ve heard of people ‘flipping’ domains and websites before but I’ve never actually tried it myself, so I’ll definitely be adding this post to my ideas list.
Great post
Dan
@ Ray – We’ll see what I can do!
@ Daniel – I don’t know if what I did could be classed as ‘flipping’ although I am possibly planning on giving that a try myself too!…But then, would I maybe be better off keeping the domain and making money from it myself?! (An interesting question!)
Glad to see you guys around, and thanks for posting!
Thanks
Mark