The story of an insane lawsuit… and how you can avoid being a victim

My friend Michael is one of the most successful entrepreneurs I know.
Several years ago Michael started an automated domain business that used software to buy domains, find the most likely buyer, and then sell them.
For example, Michael’s custom software would buy, say, XYZ.com.
Then it would scan online domain records to determine the most likely buyer of that domain… perhaps the owner of XYZ.net.
His software would then send that person an email offering them XYZ.com at a pre-determined price.
If the prospective buyer accepted, she could click on a link in the email and purchase XYZ.com.
Michael’s business was almost 100% automated. The custom software made it so Michael rarely had to get involved.
The business sold countless domains over the years. It was incredibly successful and profitable. And it provided a wonderful service.

This post was published at Sovereign Man on July 10, 2017.