The GoDaddy group is one of the largest domain name registrars and web hosting companies in the world. Its founder, Bob Parsons, started the company from scratch in 1997 while the internet was still in its infancy. He built the business up from the ground into the world's fastest growing domain registrars, leveraged by a strong marketing campaign centered around Super Bowl advertisements. GoDaddy has been steadily gaining in total registered domain names against major competitors like Network Solutions and TuCows. Parsons started his business career in 1984 when he taught himself how to program. He created a tax-solutions company that he later sold to Intuit, the tax and billing software giant for $64 million in 1994 after growing it to 1000 employees. He used that money to found GoDaddy, which faced stiff competition at the very height of the online boom. The company has won many awards and recognitions for rapid growth from technology magazines, particularly after 2001 when the company began to grow with increasing rapidity. Parsons maintains a blog on the GoDaddy website, and makes speeches around the world about business success. One of the main pieces of advice he gives out is to never stop investing in new businesses. This commitment to the maintenance of business momentum is one of his finest characteristics. Although the market may be bearish now, there are still great opportunities to be had on the down slope, and many companies that will rise up to fill the needs left by dying corporate dinosaurs. A dynamic investment attitude like that exemplified by Bob Parsons suits any savvy investor well. |
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