Did you know following about domain names?

There are currently: 27,689,387 Domains registered 676,464 Domains on-hold and 17,390,076 Domains have been deleted Source: http://www.DeletedDomains.com/

A lot has happened as a result of dot.com bust.

The Internet, during latter part of 20th century and once considered modern day version of California Gold Rush, had people speculating on all sorts of domain name versions in hopes of striking it rich.

At time, those hopes were fueled by actual success stories that found rights to some domain names being sold for millions of dollars, including business.com name.

Alas, those sorts of gems were exception rather than rule and with fizzle of dot.com buzz, reality set in and a sense of rational thinking has finally come to prevail so that we now find 10's of 1000's of domain names being discarded on a weekly basis.

Frankly, many of domain names that are biting dust very much need to be discarded. Many sites were numbers and letter combinations that spelled out such indistinguishable domains as: 111111111111111111111111powerdiscountsale.com and 2buysellbiddomains.com.

No doubt during heady days of Gold Rush these choices seemed perfect but now they just do not seem to make much sense.

Perhaps a million dollar domain can no longer be found, especially within ranks of discarded, but here is a little known secret:

There are gems to be found among discarded domain names!

Every single day 1000's of domains are discarded by their owners who fail to renew or pay for registration fees on their expiring domains.

The reasons can be as varied as number of domains but what is important here is that these rejected properties can actually create an opportunity for you!

Why does this create an incredible opportunity for you?

Because hidden among all obvious dogs there might just be an unpolished gem waiting for you to seize moment.

Even in such circumstances, an existing business has assets that can be exploited to drum up sales and cash flow quickly. Use your intuition about whether to divulge your real situation to friends who might be moved to help or put a bright face on your situation by, for instance, saying you're expanding. Either way, consider these possibilities if a comparable disaster befalls you:

* Leverage your loyal clients through testimonials and referrals. The billing company's most steadfast client, a periodontist, provided a glowing testimonial that owner used to approach other periodontists. Similarly, training firm told their lingering clients that they were running special summer classes and offering big discounts for every participant from another company that they persuaded to sign up.