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Bloomsbury:
This is my entrepreneurship and tech Startup Journey. I hope my experiences might inspire someone here to build his own tech company and sell and change his or her life.

I started reading the rich Dad poor Dad book and that book changed my mindset about work and goals. I enrolled into Y combinator Startupschool 2019 and I was blown by the number of young people building tech companies. My own startup idea was to build a marketplace to hire talents. Something similar to Upwork. I met a lot of great minds, software engineers and high value Investors during my Startupschool experience, one of them is Cindy Bi, GP at Capital X, we are so close together as if she's my MOM 😁. I never built the marketplace, I failed after graduating from Startupschool 2019.

Again, I enrolled for 2020 program. This time my Startup idea was to build a self driving car company (I got inspired when the CEO of cruise self driving car company started following me on Twitter) . I enrolled to study sensor fusion engineer with Udacity so I can learn to build my self driving cars. (I was just a young boy that was high. I will explain later) . I said I was high because the type of people building this kind I companies were right software engineers from MIT, Standford not an average Nigeria young Nigeria developer with no experience that time in COMPUTER VISION.

I discovered during my research that self driving car companies are HARDTECH, it will require me at least $110,000 to build a prototype ( My approach to build a self driving car was to RETROFIT not build from scratch just like Voyage self driving cars. I have a software engineer background not MECHANICAL ENGINEERING 😁).

After some deep self searching, I know I don't have the money to build such a company. I stopped immediately and after graduating from Startupschool 2020 with my failed startup, I gave up on entrepreneurship.

One day I discovered an essay by Naval on "How to get rich"

That essay reignited my entrepreneurship spirit. But I want to use the divide and conquer approach.
Let me start again by being in the venture capital industry, this will give me the opportunity to see a lot of Startup ideas and perhaps I might come up with something unique to build.

I enrolled as a venture scout with different VC forms and was accepted ( A lot of investors already knew me from Y combinator Startupschool 2019)

After been exposed to the venture capital world as a seed scout . I noticed that most Startup founders gained financial freedom by building a mini Startup and selling it. This was what I learnt from the two books "Rich Dad poor Dad" and "Business school book written by rich Dad poor Dad authors"


I carefully did some research about Microacquire, a platform where people go and sell their startup. I noticed startups selling for $15,000, $50,000, $100,000 and even some selling for over $7M

I started following in their Twitter feeds and the CEO tweets. I saw the light one day he tweeted that if your startup can make a little Revenue and you have a website, you can sell on Microacquire.

While trying to buy a domain name for my new Startup, I was presented with something strange. "This domain is a premium domain" and it cost was $25,000 😳

I was wondering why someone would buy a domain name for that amount. I started doing research into premium domain names. I discovered some domain names even sold for over $30M, that's crazy 🤔 . I also learnt a new concept during the process of my research ,"Domain name brokers", they were talking about"Domain names are liquid assets". I remember I read about liquid assets from the book, Rich Dad poor Dad.

I started doing research into liquid assets and discovered it's true. Domain names are liquid assets. They have valuations and you can use it as collateral for many institutions including collecting loans from bank.

So I started my research again into how to build a tech Startup and sell fast. I came across a YouTube video I can't remember the name but this guy was talking about starting a domain selling business. That's it very cheap to start and you can "EASILY SELL THE BUSINESS WHEN YOU START TO MAKE PROFITS". I was like this is what I've been looking for. In the video, he talked about a free white label domain selling company which I quickly went to register.

So the white label domain Company has something like a cpanel where you can connect your own domain name and they will create a domain marketplace for you with the domain names they want you to sell. You will earn 10% commission on the sale of each domain name.
Also I was shocked when I saw you CAN ALSO SELL YOUR OWN DOMAIN NAMES IN YOUR MARKETPLACE.

So my goal was to have a domain selling business and buy Domain names are my Startup liquid assets (which will increase my Startup valuation when I want to sell the company on Microacquire)

The CEO of Microacquire highlighted that there's no way buyers will come when it's not a registered entity. It served as a protection. So o quickly went and got my Startup registered in the USA FOR JUST $1. I already had an EIN from a previous tech Startup journey.

So now I have my domain marketplace website, my Startup is registered in the USA ,so now how do I get premium Domain names to add to my Startup asserts as "liquid assets".

I started searching for Domain name appraisal tool. I stumbled across GoDaddy Domain appraisal tool. So I will input random Domain names and it will tell me the domain worth and valuation, how much is the worth of each keywords in the domain, previous Domain sold that matches the one you are trying to get the valuation.

I noticed a strange thing. I noticed UK Domain names extension had higher valuation than a COM Domain and many of the domain names been sold were UK Domain extension. E shock me o

So what I did was to start researching how to come up with high value Domain names idea. I came up with 20 short Domain name ideas related to Food, health, crypto and AI.

This is where my crazy experiment started.

I will go to Namecheap to search for the UK Domain extension, if it's available, I go back to Goddady and check the domain valuation. Omo I was seeing Domain valuation $4,600+, some of them were even valuaed at even $5,700 😳🤑😱

So I ended buying 16 Domain names with a combined valuation of $57,000 🤑
So I went back to the registered agent that incorporated my startup in the USA to add those Domain names and their valuation to my company assets.

So now what's my goal.
My goal now is for my domain selling website to be profitable, when it get profitable (because people who want to buy your business want to see you're making profits), I will then list it for sale on Microacquire.

And I know I will hit a life changing deal on Microacquire

When my Startup get sold , I WILL REPEAT THE CIRCLE

I know I might get a non-compete agreement on Microacquire, so I will go into a web hosting company, buy more premium Domain, add them to my liquid assets and sell the company on Microacquire.

From my personal point of view, building a mini Startup to sell is more achievable than Silicon Valley Billion dollars company ideas

So the fourth Circle, I will do something different. By then I will have had a lot of experience building a company and selling it, I will start working on a possible Silicon Valley type of Company, a company that will have "NETWORK EFFECT"

Then I will pitch my new company to my venture capital firm, Calm Company fund, from there I proceed t Y combinator accelerator program.

Ps. You might have noticed I withheld the names of my Registered Business, Domain marketplace and premium Domain names. I will release all the info here when my company get acquired.

So I hope my journey night get you inspired into building your own tech Startup.

If you have any tech Startup experience to share, I will love to learn from the experts and gurus here.

Can you teach me crypto please

IamMobisola:
Windscribe and OpenVPN for me

i even bought plan on windscribe but still not getting access

is this thread still live?

[quote author=mizturmike post=86433119][/quote]does it have stages?

i also need an answer to this

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Please i am an ND Computer Science student ( Kwara State Polytechnic) with 3.03 CGPA and i want to do DE into the university of Lagos (UNILAG) to study computer science, but i am hearing a lot of rumours and i want nairalanders to help me out with the correct information that i need as a DE aspirant.

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EasternActivist:
To think without fact is like a blind man walking on his own.
When you get your facts right only then can you draw conclusion who wins.

Both are professional courses that I have come to believe.

Tanks man! I will keep dat in mind...

EasternActivist:
Blog is not a course in computer science, except if internet and web design.
I guess he needs to make researches online and find his answers.

Computer science is bigger than a blog which every novice can even do.

I know it's so large, but am asking the rate of people demand their services... which I tink architect wins

Engineermbugame:
My man archit roll,i have a frnd wo draw a building plans, half of a million.if he or she knew wot he read in school, he wil make it.my own opinion

Dats also my advice to him, if he is gud, he will meet a lot of opportunity bcoz he can work without looking for big companies coz 60% of people wants to be a landlord

The problem now is dat people around him r telling him that it will b hard for him to get a job with computer science but it will b easy and quick if he goes into architecture.

EasternActivist:
He loves computer science but can you state categorically what he loves about computer science?

Computer science entirely but he is gud in creating blogs.

DarryOsh:
Eerm op, the situation you described is not clear. He has a degree in computer science or architecture? Can u explain?

He is just processing his admission.

please I have a brother that love com Sci but afraid of sitting home after graduating and he's tinking of changing to architecture(he has a little experience already) due to naija job employment rate, any advice guyz, which one will u advice him to take considering job rate.

Please NL I need ur advice on which course should I go for btw coms Sci nd architecture... I really love com Sci but due to d employment nd empowerment in nigeria am tinking of changing to Archie..plus most people complain abt naija's unis of not capable of teaching well, please guys any advise which one to go for... tanks

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3. hire a developer.

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