Vinod Reghunathan – Internet Entrepreneur: There comes a time when you don’t care what others think of you, because, deep down you are sure of what you are!
Name: Vinod Reghunathan
Company: www.aidor.xyz
Favorite Domain: crypto.com
Favorite Industry Conference: Namescon, ICA
Favorite Industry Blog(s): DnJournal
Tell us a little bit about your background and your personal story.
After a stint in the corporate world following college, I realized it wasn’t the path for me. Transitioning from employee to entrepreneur, I embarked on a venture opening a paint shop. Despite my best efforts, it didn’t thrive, leaving me financially strapped and facing failure. Undeterred, I shifted gears to the online sphere, delving into various ventures such as data entry, SEO, SMM, and domain name trading. Alongside, I immersed myself in the realm of cryptocurrency, capitalizing on its burgeoning potential.
Now, I’ve established my own company, Aidor, in Dubai, with a keen focus on AI technology. It’s a testament to my journey of resilience and adaptability, navigating through setbacks to carve a niche in the dynamic landscape of business.
How did you get involved in the domain industry?
My entry into the domain industry traces back to my quest for the most lucrative business models. In 2011, I discovered the realm of domain investing. At that time, I registered several domain names, feeling fortunate about my potential success. I listed them on Sedo. However, a year later, I allowed all of them to expire, unintentionally letting them slip from my radar. After a two-year hiatus, my curiosity reignited. I decided to delve into the domain name market, committing to studying and mastering the art of domain name investing. This involved attending conferences, avidly reading blogs and forums, and immersing myself in the intricacies of the industry.
What is your current role?
I presently hold the position of the CEO, and my journey to this role has been driven by a forward-thinking approach. Witnessing the pervasive impact of AI across diverse domains, I initiated the establishment of AIDOR in the vibrant city of Dubai in 2023. This endeavor aligns with my proactive stance toward the future of technology and the flourishing crypto space.
Why did you choose to support the ICA?
My decision to support the ICA stems from its unwavering advocacy for domainers. Recognizing the ICA’s steadfast commitment to the domainer community, I believe aligning with this organization is among the most effective ways to connect with and support domainers collectively.
Can you share a prediction about the future of the domain industry?
The future of the domain industry appears dynamic, influenced by trends in online presence, e-commerce, and emerging technologies like blockchain. The demand for memorable, brandable domains is likely to persist as the digital landscape evolves. However, predicting specific outcomes remains challenging due to the multifaceted nature of the industry.
What do you like most about the domain industry?
What I appreciate most about the domain industry is its dynamic nature. The constant evolution, the strategic value of unique domain names, and the community’s innovation make it an exciting and space.
If you could change one thing about the domain industry what would it be?
If I could change one thing about the domain industry, it would be to enhance accessibility and transparency in domain acquisition processes. Simplifying the complexities associated with domain auctions and fostering a more user-friendly environment could benefit both seasoned professionals and newcomers in the industry.
What do you think are some of the biggest challenges the domain industry is faced with?
Some of the biggest challenges the domain industry faces include issues related to domain availability, disputes, and the introduction of new domain extensions. Domain availability for desirable names continues to decrease, making it challenging for businesses and individuals to secure their preferred online identities. Disputes over ownership and trademarks can lead to legal complexities. Additionally, the proliferation of new domain extensions poses challenges in terms of market adoption and consumer awareness. Balancing these factors while adapting to technological advancements remains a continuous challenge for the domain industry.
What do you wish other people knew about the ICA?
I wish more people were aware that the ICA (Internet Commerce Association) plays a crucial role in advocating for the rights and interests of domain investors and professionals. It serves as a collective voice, addressing industry challenges and promoting policies that support a fair and thriving domain ecosystem. By understanding the ICA’s mission and efforts, individuals can recognize the importance of supporting this organization for the benefit of the entire domain community.
What would you tell someone who is thinking about joining the ICA?
I would encourage someone considering joining the ICA (Internet Commerce Association) to recognize the valuable advocacy, resources, and community support it offers to domain investors and professionals. Being part of the ICA provides a platform to stay informed about industry developments, actively contribute to shaping policies, and connect with like-minded individuals. Joining the ICA is not just a membership; it’s a commitment to strengthening the collective voice that safeguards the rights and interests of the domain community.
What unexpected doors opened for you because of your involvement in the domain industry?
Throughout my journey in the domain name industry, I’ve cultivated invaluable connections, enriching my experience every step of the way.
What’s the best advice ever received (domain related or otherwise)?
The best advice I ever received was to embrace failure as a stepping stone to success, to learn from it, adapt, and keep moving forward.
What are your main interests outside the domain industry?
Outside the domain industry, my main interests include music, captivating films, and literature. I find solace and inspiration in these artistic pursuits. Additionally, I am an avid reader, drawing from a diverse range of topics to fuel my curiosity and broaden my perspectives.
Favorite place to get away?
My favorite place to get away is a serene and natural environment, perhaps a quiet retreat nestled in nature. Whether it’s a secluded cabin in the mountains, a tranquil beach, or a peaceful countryside setting, I find solace and rejuvenation in places that offer a break from the hustle and bustle of daily life.
Anything else you’d like to share
Choose happiness over worry; it’s a far better path to take in life.