GoDaddy Founder Bob Parsons on Forbes Billionaire List

The Forbes 400 Billionaire list came out on October 10, 2011. Bob Parsons, the founder and CEO of GoDaddy, was on this list. According to Forbes he is a reluctant billionaire. While it is common to see those in the online space such as venture capitalists, it is also nice to see online entrepreneurs such as Sean Parker on the cover, Reid Hoffman, Bob Parsons and others). Bob is interesting as his company has been around for much longer than most online companies. The company was originally founded in 1997 under another name and renamed GoDaddy in 1999. He made the list for the first time this year after the deal to sell GoDaddy to KKR, Silver Lake and Technology Crossover Ventures.

bob parsonsIt is always interesting to read books and follow interviews of successful people to hear their advice. Bob has a site BobParsons.me where he regularly posts videos of business tips and has his list of Bob’s 16 rules. A prior post discusses more about the tips from Bob. I recommend you take a look at that site, he is well over 40 videos and between the videos and his tips I find it very useful.

GoDaddy vs SquareSpace

We did a quick comparison between GoDaddy and Squarespace and were surprised to find such a disparity in price. See the features and comparison here at this article. We compared the one year price for the basic godaddy hosting account with the squarespace one year basic account. The difference in price was $38 for godaddy (with a coupon, without it is $48) and $144 with squarespace.

Website Hosting

With the GoDaddy account you can add WordPress as a content management system (which is free). WordPress is the most widely used website content management system. There are thousands of free plugins and website themes available for WordPress. Squarespace uses their own website management tool. That does not mean it is bad but it is not open source like WordPress. So I would choose them for website hosting when you need it.

Go Daddy Coupon APRIL for $6.99 Domains

GoDaddy has an April deal using the coupon APRIL at checkout for $6.99 domains.




Only until April 30th, 2010 – Use Code: APRIL at Checkout

More codes to enjoy and a full coupon list below.

APRIL – $6.99 .com’s Most popular.

MIN1 – 10% off any order

MIN15 – 15% off any order

MIN2 – $5 off any order $30 or more

MINOFF – $10 off any order $40 or more

MIN20 – 20% off hosting plans of 1yr or more

MIN1 – 10% off month to month hosting

AUCTION12 – 50% off godaddy auction account

MINSSL – 56% off godaddy ssl account ($30 account for $12.99)

Go to GoDaddy here to obtain your discount on domains, hosting and more.


GoDaddy Auction Promo Code

GoDaddy auctions are growing at an incredible rate, over 2 million available in the domain auction. If the domain you are looking for is taken it may be on the secondary market.


get a 1 year auction account for $2.49 [regularly $4.99]
use the Godaddy Auction Coupon Code AUCTION12 at checkout for 50% off

Click Here to Go to GoDaddy




godaddy domain auctions



You may think they only provide an auction format, but there are four ways to purchase in a godaddy domain name auction.

  • Buy Now: If you want the domain you see instantly you can buy it immediately in some cases. Basically if your offer equals the buy it now price, you get it.
  • Expired Domain Auctions: You can place a bid on an expired domain name. When the domain name auction ends, if you have the highest bid you win. Expired domains become available at a certain point in time, you are not purchasing them from an individual.
  • Offer/Counteroffer: You can make an offer to the seller and the seller has the option of accepting your offer, or they could make a counteroffer.
  • 7 Day Public Auction: This is a typical domain auction, the starting bid is set and the bidding begins. When time runs out the highest bidder wins.


  • Take a look at the auctions here at godaddy and use the auction coupon AUCTION12 at checkout.

    See more godaddy coupons here, over 9 coupons to save you some money. None of them expire and they work on domain renewals also. Here they are, bookmark this page please.

    These coupons work for new customers, renewals and never expire.

    FPT3 – 30% Off a .COM Most popular.

    FAN749 – 50% off .ORG domains

    YUP749 – $7.49 .NET domains

    FED749 – $7.49 .BIZ domains

    PETS1 – 10% off any order

    MIN15 – 15% off any order

    PAN2 – $5 off any order $30 or more

    MINOFF – $10 off any order $40 or more

    FAN20 – 20% off hosting plans of 1yr or more

    PETS1 – 10% off month to month hosting

    AUCTION12 – 50% off godaddy auction account

    MINSSL – 56% off godaddy ssl account ($30 account for $12.99)

    These are non-expiring GoDaddy coupon codes and they work for renewals also.

    Not only can you find new unregistered domains but of course with auctions, and resales, you can find even more. There are a couple resellers so here is a godaddy domain name auctions review of their services and how it works.


Free Entrepreneurial Advice

There is only so much time in a day, and so much information freely available. Also you see advertisements for paid content quite frequently on specific topics. When it comes to business and information for entrepreneurs the web has an amazing amount of information. I follow a decent amount of venture capital blogs, entrepreneur’s blogs, as well as CEO blogs. Here is one of my favorite which is actually a vlog (video blog). This is an individual that is both a successful entrepreneur and CEO, Bob Parsons of GoDaddy. He also has a motorcycle company.

Parsons Site
You can see the Bob Parsons site here. He has tips for startups and online businesses. The insight he provides from building three successful businesses is fantastic. He has built GoDaddy into a public company with over 7 million customers and over 35 million domains under management. Remember this is a very competitive space.



Above is a recent video of Bob explaining how he built 3 multi-million dollar businesses. A great site with excellent content. It is also very entertaining at the same time.


Domain Name Stocking Stuffer for your Children

I purchased a domain name for each of my children. I figure they may want them someday. Of course I have our surname, however for each of them I put together their first and last names as a domain, for example “John Jacobs” as “johnjacobs.com”.

Domains are only becoming more scarce and it seems that no matter how many extensions are added, the .com is still the most popular.

Here are coupons to obtain $10 domains for $7.49 or 10% off your order, got them from another site and they never expire.

Go to GoDaddy Here.

FPT3 – .COM for $7.49 – Save $2
FPT1 – 10% off any order
FPT2 – $5 off any order $30 or more

The GoDaddy Coupon is listed here.

This is an interesting gift that your children may not understand now but probably will thank you in the future.

Domain Parking Test

Earlier I wrote about how the domain parking with Sedo worked. However, you may Park Domains with GoDaddy or Park Domains with Sedo. In case you do use GoDaddy here is a coupon to use.

I chose to test with Sedo and have parked 47 domains with them, as they are free. When setting up the service you choose keywords, related to your domain, and categories. After half of a month I have domains earning only pennies and others close to $1. The basic analysis would say that if you can receive greater than $1 a month or $12 a year, then it makes sense to renew at any amount smaller than $12. Others that are not profitable you may want to let lapse or put up for sale.

However, another benefit of parking domains is to determine which of your parked domains receive the most traffic and click throughs. You are able to see not only the number of unique visits to your domain but also the click through rate of the advertisements placed on the domain. This information could be used when determining whether to develop the domain into a property. I clearly have some domains with much greater trafic than others and higher click through rates.

Domain parking may be more profitable if you have obtained domains that were once properties and have links to them already developed, or as some have done – create misspellings of other popular terms (it is not suggested you do this as it may be problematic).

To conclude the first follow up to this test, I have determined some domains I will let lapse, others I will continue to park with Sedo and a couple I will attempt to develop into properties as they have decent traffic and click through rates on content and advertisements related to the domain and the category I assigned to it.

I did not choose GoDaddy simply because GoDaddy charges you to join their program while Sedo is free. The GoDaddy basic plan allows you to earn 60% of the advertising revenue on your parked domains. The cost is:

  • 1 month: Just $3.99/mo
  • 12 months: Just $3.59/mo Save 10%!
  • 24 months: Just $3.19/mo Save 20%!

The GoDaddy Premium Plan allows you to earn 80% of the advertising revenue on your parked domains and includes other services. The cost is:

  • 1 month: Just $9.99/mo
  • 12 months: Just $8.99/mo Save 10%!
  • 24 months: Just $7.99/mo Save 20%!

Domain Parking with GoDaddy

GoDaddy provides a domain parking service.

A domain parking service provides the webpage that appears when a user visits your domain. Advertising is placed on the webpage and shared between you and the parking service. GoDaddy charges a fee, others are free, however you may make more with GoDaddy, therefore trying more than one domain parking service is not a bad idea.

GoDaddy Domain Parking

Sign up for GoDaddy here.

Step 1 Get a Website and Domain

The first step is to set up your site and ideally obtain your own domain name.

You can easily start a blog for free at the wordpress hosted site, however I recommend you get your own domain and host wordpress (see below).


First – Get a Domain

Obtain your own domain name and use keywords that are related to your sites content (theNewCarReviews.com , theListofBestRecipes.com etc.). GoDaddy has a great tool that suggests domains for you if the domain you search for is taken.

Get your domain from GoDaddy and use the GoDaddy Coupon here.

Once you visit GoDaddy you will need to search on potential domain names. The first page of the GoDaddy is very busy so take a look at the search box in the upper left and start by typing in your first idea for a domain name. You will see this search box:

godaddy domain search.

Do not become discouraged as finding a domain name is difficult. You will see that GoDaddy has provided a tool to suggest names that they believe are similar to the name you are looking for. Once you find a domain name that is not already registered you will see a screen with a check mark such as this one:
domain not taken

Once you have found a domain name that is not yet taken you can proceed to checkout and obtain your domain name, scroll down the page and find the checkout button which looks like this:
godaddy checkout

The process of checking out will prompt you to create an account name and password. Start a spreadsheet or write down your login names and passwords as you will be creating many for various sites.

Second – Get Hosting

Now that you have your domain you need a place to host your own blog and install wordpress. This site is hosted at HostMonster and uses WordPresss.

Here are 3 hosting companies:
(1) Get your HostMonster Account. Click here to Get HostMonster for only $6.95 a month * Recommended

(2) FREE Domain with Web Hosting Purchase Web Hosting as low as $9.95 a month here

(3) Ultra Hosting as low as $5.95 a month and they always have specials

On the homepage you will see a “Sign Up Now” button, and on the next page you will be able to enter the domain name you just purchased under the “Transfer Clients” title as you have a domain now:


hosting account
Once you have completed the process check your email for your welcome from HostMonster. They will send a login for your account with them and an IP address as well as FTP login information, more about FTP and setup in Article 2. You will also receive a login to your control panel through the HostMonster home page on the upper right.

hostmonster login
Once you login to your account you will see a screen with a link to the “cPanel Hosting” with the “Click Here” link:
cpanel hostmonster
Once you are in the control panel there are many valuable tools such as the web statistics named “Webalizer”, see the screen shot below. A future article will explain how to setup Google Analytics which is an excellent free website statistics tool:

webalizer
Congratulations, you now have your own domain name and hosting account. Now for step 3 you will point the domain with GoDaddy to the hosting account at HostMonster.com.

Third – Point Domain to Hosting Account

Go to GoDaddy and login with your login name and password. On the right hand side you will see the word Domains, place your mouse over it and a drop down menu will appear, choose My Domains.


godaddy domains
Next you will see your domain hyperlinked, click on your domain and then click on the Nameservers image godaddy nameservers. You will then see the field for Nameserver 1 and replace the existing information with nameservers in the HostMonster welcome email, which is probably NS1.HOSTMONSTER.COM, and replace Nameserver 2 with NS2.HOSTMONSTER.COM, hit the orange OK button and you are done. It will take at least a couple of hours, and maybe a day, for the domain to point to your hosting account.You now have your domain, your hosting account, and have pointed the domain to your web space. Congrats.


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Find all Steps Here to walk you through each step of setting up a money making site.
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