Archive for August 16th, 2008

Lets Begin The Journey

Saturday, August 16th, 2008

I have chosen to create a blog which details my journey as an Entrepreneur based in Los Angeles, California.  The wonderful city of angles has been one roller coaster ride after another for me.  My outlet during these times is this blog and I have made a commitment to detail my experiences here for the world to see.  Whehther you are just starting out or are a pro in your select field, I am sure you will enjoy the writings of a person who makes goals and achieves them by not letting anything stand in his way.

Enough with the hype, lets get down to business.  The first question some may ask is who am i?  I’m just another young 20 something year old that thinks he knows everything about life.  A hotshot who graduated from a small historically black school in Virginia known as Hampton University. (B.S. Computers Information Systems)  A hotshot who was checked reality wise by a number of teachers…But it gets even better, during the Summer of 99 I attended a program at Xavier University in New Orleans.  Although I completely bombed the summer program grade wise, I was awarded a scholarship for exploiting all of the administrator accounts both on the Linux and windows based servers which provided the first wall of security for the school.  Since my grades during this period of time were amazingly low, the faculty was not able to provide a scholarship large enough to keep me at the school and that’s where Hampton came into play.

During the first semester at Hampton, new friends caught glimpse of a “Computer Geek Gone Wild.”  I remember one of our first meetings as a Freshman class in Ogden Hall.  A team of people responsible for our Internet connectivity and overall campus network sat on stage misinforming us one question at a time.  They talked to the student community as if we were completely ignorant and had no idea of what they were saying.  You can say I had enough!  When a question from a student was asked on accessing an America Online account from the campus’s network, one panel member said it was not possible.  I raised my shaven head and decided to step towards the microphone and said passionately that AOL can indeed be accessed using the TCP/IP protocal.  For those that are in the know, this is a little triumph indeed.  On the contrary for those who were actually part of that Freshman class it was an amazing feat.  I had never in my life felt the way I felt at that moment, roars from every direction peaked the audotroium and those who knew my name chanted it in sequence!  Yes I am a geek and loved every bit of it!

College was an interesting experience for me.  When my mother passed away I struggled to find my way out of college and had the hardest time coping with her passing.  She left me an inheritance which I immediately paid off all of my school debt with, saved some for the future, spent a little having fun and put the rest into several different investment / business opportunities.  I soon began to take a liking to penny stocks and had no idea what to expect once I started within that field.  I ran into a few frauds like CMKX and QBID, for those who recognize those symbols its unfortunate what happened with those companies.  Although CMKX folded, I saw my investment increase $20,000 within a three day period of time!  I was an adrenaline investor and did not know when to exit.  I called a good buddy into my room, as I was renting from him!  He saw proof of how quick money is made, with my etrade portfolio account open on my desktop.  He couldn’t believe his eyes.  The next day or two the stock dropped hard and I was lucky to exit with $10,000+ in hand.  To make a long story short this was risky business and it was something that taught me a lesson as I lost just as much money as I made!

I started businesses in college, one which I purchased used software and resold it at premium aftermarket prices.  I built computers for fellow students, made rounds fixing computers and started hosting companies.  All I enjoyed but it was never really what I truly enjoyed.  But soon I would find the domaining industry, an industry which outperformed the stock market in every way!  Fast forward to today and I am building my domain empire one domain at a time.  Not to discredit anyone in this industry (loved the word so much that I had to purchase this domain off someone at namepros) but there are a great deal of pessasmist out there.  It is true that a small percentage of people who participate in the wonderful world of domaininng are making little to no profit.  Some just consider it a hobby, I personally consider it an investment.

In future posts I will detail recent purchases I made and how I was able to register StarCraftTalk.com for less than $10.00 since I tend to watch the domain drops quite closely.  I will also talk about how you can outsource your domaining habit to others for a couple of dollars per hour, saving your time, health and money without having to be on the computer at all hours of the day.  Let others do the work for you!

Warm Regards,

Jason Thompson