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Blog: How I Saved $39,420 by Not Buying a Domain Without a Prototype

Rhythm

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My own assessment of pricing pages on no fewer than two domain registrars has shown that buying a domain name costs money. Buying multiple domain names costs more money. And buying multiple domain names for every idea I have, then continually renewing them… that costs yet more money.

I discovered a method for solving this issue of buying domain names for projects that never go anywhere. I just don’t buy the domain names. This leaves me with more money, though less dopamine.

Instead of buying a domain name for today’s amazing idea, I give myself a goal: create a prototype for this can’t-miss idea and as a reward I get to buy the domain name. Yes, that means someone could register the domain name out from under me. That’s why I should move quickly.
 

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