The exponential growth of digital assets has led to a new concern for entrepreneurs and investors: what happens to our domains and digital properties if we face unexpected situations that limit our ability to manage them? Michael Gargiulo, CEO of VPNA VPN, short for Virtual Private Network, is a secure….com and a recognized expert in the domain industry, addresses this issue in his recent article published in the Forbes Technology Council, where he provides essential strategies to protect these valuable assets.
The Importance of Preparing for the Unexpected
In his article titled What Happens to My Domains if I Can’t Manage Them?, Gargiulo emphasizes that domains are not just web addresses; they are valuable assets that represent brand identity, revenue, and business continuity. Without proper planning, these assets can be left vulnerable to abandonment, unauthorized access, or even expiration, with significant financial repercussions.
“The future of a business can depend on how you protect your domains today,” notes Gargiulo. According to him, it is crucial to treat these assets with the same seriousness as any other valuable property, integrating them into legal and succession plans.
Key Steps to Protect Your Domain Portfolio
Gargiulo offers a practical guide based on years of experience in domain management and brokerage, highlighting the following essential steps:
1. Designate a Trusted Agent or Executor
Pre-assigning a domain manager is essential to ensure the continuity of business or brand operations. This agent should understand the importance of the domains and have clear instructions on how to manage them.
2. Implement Legal Protections
Including domains in estate planning and establishing specific legal powers helps mitigate risks in case of unexpected events. This ensures that the assets are protected and transferred correctly when needed.
3. Use Multi-Factor Authentication and Password Management
To prevent unauthorized access, Gargiulo recommends implementing robust security protocols, such as multi-factor authentication. Additionally, a reliable password manager can facilitate secure access for designated stakeholders.
Why This Matters for Entrepreneurs and Investors
Whether you own a portfolio of ultra-premium domains or some key names for your business, lack of planning can create chaos, leaving family members or colleagues without clear guidance on how to manage these complex assets.
“We often don’t prepare for unforeseen situations, but when it comes to domains, having a plan is essential. If something happens to you and your domains are not secured, you could lose a vital part of your business,” asserts Gargiulo. This proactive approach not only protects the domains but also ensures business stability during critical times.
The Impact on the Digital Industry
Gargiulo’s vision highlights the need to address digital assets as critical components of any business strategy. As the digital world expands, ensuring the security and continuity of these resources is more important than ever. His expertise in managing domains for Fortune 1000 companies and individual entrepreneurs positions him as a leader in the industry.
About Michael Gargiulo and VPN.com
Michael Gargiulo is the CEO of VPN.com, a leading brokerage firm for premium domains and online privacy solutions. With a solid reputation in the industry, Gargiulo has helped companies and entrepreneurs acquire and protect high-value domains. His experience and knowledge make him an authoritative voice in digital asset management.
VPN.com specializes in acquiring premium domains and providing advice on cybersecurityCybersecurity solutions are essential in today’s digital era… and online privacy. Their mission is to protect digital assets and client privacy, offering reliable resources to ensure a secure future in the digital world.
Plan Today for the Future of Your Domains
Don’t leave your digital assets vulnerable. Protect your domain portfolio with expert advice and ensure the continuity of your operations.
via: PRnewswire