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Category 'Internet Business'

My Paperless Life

For several years I have been meaning to write a blog posting about how great it was to go from a messy stack of papers on my desk to a having paperless office. But, I have now moved on to even loftier goals. This is the year I began leading a paperless life. All my […]

Bitcoin Mania

Back in 2002 I created my own virtual payment system called DigiCredit (Click Here to read my blog posting about it), so I have some experience when it comes to digital currencies such as Bitcoin. In case you are not familiar with it, Bitcoin is virtual money that allows users to pay for things without […]

2013 – A Year of Change

2013 was a year where I felt like I was treading water, with no clear direction. Unlike 2012 (A Year of Failures), this year was more good than bad. But, that is mostly because I lowered my expectations. Here’s a summary of what happened this year in my business: 1. Website Development – I have […]

How The iPhone Changed My Life

Five years ago I bought a Blackberry. I would constantly use it to check my email, and for the first time I was able to easily get work done outside my office (before that I used a laptop, but that was a pain in the neck). In a similar way, buying an Amazon Kindle around […]

How My Webhost Screwed Me Out Of $5000

I am currently having a dispute with my previous web host (Colo4jax), so I thought I would share it with you, as an example of the kind of thing that sometimes happens when running a company. For many years I had most of my sites hosted at Colo4Jax.com, which is a small web hosting company […]

2012 – A Year of Failures

As 2012 draws to a close, I though I would list how each of my business ventures did in 2012: The Bad Things of 2012: * I setup a bunch of new sites, but none of them have made any money: BigCelebrities.com – Social media rankings for over 15,000 celebrities using a proprietary formula that […]

The Power of Blogging

When you put yourself out there by having a blog, you never know what will happen. You may get some negative comments, but once in a while it can turn into something wonderful when your words touch the lives of others. The Rockstar Ronan blog is a perfect example. Maya Thompson started the blog two […]

Projects I Am Working On – Summer 2012

Since the goal of my blog is to give people an inside look at running an Internet business, here’s a somewhat random list of some of things I am working on right now: 1. I recently bought 19 websites from 15 different sellers over a one month period. Prior to that I had purchased maybe […]

How To Sign Contracts Online

Because I sell 5-10 domain names a month, I frequently need to sign domain name sales contracts. The way it works now is that I print out the contract, sign it, and then fax it to the buyer or scan it into my computer and email it to them. They then have to do the […]

Some Websites Are Just Not Worth It

Sometimes after I create a site, running it turns out to be more trouble than it is worth, so I shut it down. Here are some examples: 1. DigitalCharity.com – It all started in 2002 when shopaholic Karyn Bosnak started asking for donations online to pay off her $20,000 in credit card debt. It worked […]

How I Was Scammed Out Of $2000

In my 15+ years of doing business online, I have lost money to scammers many times, so I thought I would show an example of one particular scam I fell for, as a warning for other webmasters who might be in a similar situation. And, what makes it unusual is that eventually I was able […]

What Domain Should I Use For My TV Site?

One of the goals of my blog is to give people an inside look at how an Internet business is run. So, here’s a business decision I am currently facing: I’m planning to build a site similar to SocialGuide.com, which is a site where people discuss TV shows (chatter.usanetwork.com is another example of a site […]

New Website Projects – September 2010

In one of my previous postings, I gave away 11 new business ideas that I had thought of, because there is little chance I will ever get them launched myself. In this posting, I am going to list some of the Internet projects that I actually am working on: A site where you upload your […]

The Death of the Publishing Industry?

In the past few years there has been a lot of talk about how newspapers and magazines are being replaced by online content, and that print media will soon be a dead industry. While it is true that the game is changing, and not many of the changes are good for the big publishers, keep […]

How To Get Rich Online – Book Epilogue

A few weeks ago I posted the introduction to my book. Below is the epilogue (the end part) for the book: How To Get Rich Online =================== What’s Next? While other teenagers were playing video games and watching sports, I was reading the Wall Street Journal, buying penny stock IPOs, and thinking of inventions. While […]

How To Get Rich Online – Book Introduction

I have been thinking about writing a book. It would be called “How To Get Rich Online” and would be a combination of my most interesting blog posts and practical how-to advice for creating money making websites and market them. So far, I wrote the introduction and the epilogue, I just need to write the […]

Why I Hate Partnerships (an inside look at my Cyberworx partnership)

In a previous posting about partnerships, I wrote about various partnerships I entered into over the years, and one of those was with Cyberworx.com. After 11 years, the company is still in business, yet I have never received any of the profits, and am still owed almost $200,000 that I had loaned the company to […]

Giving Away My New Business Ideas

In the spirit of a recent TechDirt article about giving business ideas away for free, I have decided to share some of my new business ideas (none of which I am currently working on, but would if I had more time): 1. RunWebsites.com – A service that manages websites for Internet companies 24 hours a […]

Viral Videos – Part 2

In a previous posting, I talked about my attempt at launching a viral video. It was a modest success, but did not make me any money or bring any extra traffic to my site. So, I decided to create a few more music videos in the hopes that one of them would catch on: Hip-Hop […]

Viral Videos – OK Go

Most viral videos are just a one time thing for the person who created it, and much of the time going viral was not something they expected to happen or planned in advance. It is interesting to note that OK Go, as a virtually unknown band 4 years ago, created one of the most popular […]

Expanding Your Internet Business

In my previous posting, I talked about how it is hard for many websites to take things to the next level, in terms of increasing sales and profits. Most websites, assuming they are able to stay in business for a few years, reach a plateau where they are making money, but it is just enough […]

Taking Your Business to the Next Level

One of the biggest problems in running an Internet business seems to be in taking it to the next level. By that I mean that many sites eventually get to the point where they make some money, but profits and sales level off, and the owner can’t figure out what to do to get rich […]

The Risks of Buying a Company

I have bought around a hundred websites over the past few years, but I have never bought any companies, and here’s why. When you buy an entire company instead of just buying their assets (like their website), you are exposed to all of their potential liabilities. A good example of this happened recently with Snapnames.com, […]

Viral Videos (The Story of “Pimp My Sleigh”)

A few years ago I decided to take a shot at creating a viral video, to get extra traffic to Bored.com (and maybe get mentioned on TV, put in a movie, given a record deal, or any of the other fun things that viral video tend to lead to). I had written songs before (see […]

Partnerships – Part 3

I am not a big fan of partnerships. I know many big companies (Apple, Google, etc.) have been built that way, but it has never worked out very well for me. Many people don’t like partnerships because of potential personality conflicts or business decision making conflicts that come up and eventually ruin things, or because […]

Amazon Kindle Review

I am not much of a book reader, but I like to read the business books when I travel or am in the car. I was in the middle of buying some books on Amazon.com when it occurred to me that I would save money by buying a Kindle eBook reader ($299) instead, and then […]

Mechanical Turk

Back in 2005 Amazon.com launched a website they call Mechanical Turk, which is basically a job posting board for small tasks that people can do from home, such as writing reviews, transcribing podcasts, describing photographs,answering surveys, etc. These tasks have nothing to do with Amazon.com, Amazon just runs the site. Workers are usually paid $.01 […]

Business Books

Since I started my business in 1995 I have read very few books, maybe 3 or 4 at most. Instead I constantly read business magazines, online blogs and news websites. There is so much info out there to digest it is hard to keep up. But, sometimes it helps to take a step back and […]

The Psychology of a Multi-Million Dollar Sale (Bored.com)

In January 2008 I sold Bored.com and 170 related sites for $4.5 million. This represented over half of my company (I still have 200+ smaller sites and 9000 domain names), and the vast majority of my profits. Bored.com was easy to run, had 10 years of steady growth, and there was little risk that the […]

How to Get Rich Online

Because I run my own Internet company, I often get asked the best way to make money online. Oddly enough, I have no good answer for that question. I was able to be successful mostly because I got in on the ground floor (back in 1995). I started by creating web pages for small businesses […]

Free Web Hosting Sites

Free Web Hosting Sites Over the years I have bought several free web hosting sites, where users can create and host their own websites at no cost. It was initially appealing to to think I can put ads on all the sites that webmasters create, but in the end it was not worth it. There […]

Free Image Hosting Sites

I bought several image hosting sites 3 or 4 years ago, but I eventually ended up selling them for less than I paid. It is a huge hassle to run them. I was constantly having hacking problems and server overload problems, and I also had workers in India manually deleting all the adult images. Uploads […]

Making Money With Domain Name Parking

I own around 9,500 domain names, and 9,000 of them are parked (unused) and the other 500 I use for real sites (like CheapFlowers.com). Domain parking is a way to make money from any unused domains that you own. The way it works is that you turn over management of your domain (you still keep […]

Partnerships – Part 2

In my previous posting I talked about the partnership I was involved in to sell Adoptme plush toys. The toy company went out of business, and I ended up losing the $37,000 I had invested plus I paid another $25,000 to buy the Adoptme.com website back. But, the story did not end there. In a […]

Partnerships

The subject today is partnerships. I have been involved in 3 partnerships (Cyberworx.com, FindRentals.com, and Adoptme.com) over my 13 year Internet career, and none of them have ever worked out very well. I’ll start by talking about my Adoptme Toys partnership. In one of my previous postings I wrote about how I got my AdoptMe […]

Lockboxes

In my previous posting, I wrote about Virtual PO Boxes. Another similar handy service I use for my own business is a lockbox, which is something my bank offers. It is basically a PO Box I use just for checks that are mailed to me, like for affiliate payments or invoice payments. I get over […]

Virtual PO Box

I was looking to get a PO Box for one of my businesses, and I found an even better service that might interest anybody with a home business. A PO Box works well, but if you move later in life then you need to deal with changing your PO Box address. Plus, you need to […]

Working From Home

No matter how big my company gets, I will never work in an office. I love working from home. No commute, no dressing up, no meetings. I started my company 13 years ago in my apartment in Boston, but after a few years it got to the point where I needed an office. So, in […]

Introduction

Hi, I would like to introduce myself. I am Eric, the owner Impulse communications, Inc. I run several hundred websites such as Dumb.com, CheapFlowers.com, and Adoptme.com and also own over 9,000 domain names such as BuyWine.com, WatchMovies.com, and Inventing.com. I started on the Internet back in 1995 creating web sites for other people, while at […]

Domains For Sale

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In The Media

  • Eric Borgos was interviewed by Michael Dunlop for a series of interviews about Internet Entrepreneurs in his Income Diary blog: [ read ]
  • AdoptMe.com mentioned in an "MSN Tech & Gadgets article ": [ read ]
  • News article from ABCNews.com mentions confessions.net: [ read ]
  • Read more articles in the media

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