From Bankrupt Builder To Owning Every Zip Code – With Jake Ackerman

This is a 15-minute excerpt of the interview on DomainSherpa.com. Please visit http://doms.to/jake-ackerman for the full interview.

Jake Ackerman had a real estate business that died when the real estate bubble burst in 2008. Everything went with it: his business, his credit, his reputation, and his ego. His life was turned upside down.

But then — through a series of events — he discovered a new form of real estate with Internet domain names. 1,400 domain names later, he learned that service oriented companies hate not only Yellow Pages, but also Google Places.

Enter ZipSmart.com. Take any high-value, service-oriented domain name, add ZipSmart.com’s directory technology and sales force, and sell, sell sell. With 20,000 zip codes sold to date, Jake’s back on a comeback with a revenue run rate of $500,000 and a goal to hit $1 million in 2011.