What Is The Biggest Mistake You Did ?

grigio · 11-01-2009, 05:52 PM

Hey Everyone !

What mistakes you did when you enter the domaining industry ???

For all the newbies and the veteran's, please tell me your mistakes !

We can only learn from this...

Everybody made mistakes, Share it with us and don't let other newbies or people, to make the same mistakes.

I will start -

1. I did some cybersquatting when I just started, I registered a lot of trademarks and celebrity names.
Please consult a lawyer or find information about that issue, don't do the same mistakes i did.

Please put your mistakes, so we can all learn from them.

TheBaldOne · 11-01-2009, 06:09 PM

I paid over US$10k to a 'professional' marketing consultant - the worst thing I ever did in this business. But it taught me a lot about what I can actually do myself at least to as good a standard as most of these 'professionals'.

The second worst mistake I made was not developing the domains into sites - something again I have learned to do, a site will earn far more money than a parked domain and it can become much more valuable.

The third mistake, but perhaps the one that still irritates me, was forming a partnership with someone else who it turned out did just about nothing but was entitled to a cut of my sales. I guess this is personal, but then again it is all part of the learning curve.

yilduz · 11-01-2009, 06:43 PM

.info

This was definitely my biggest mistake. I never should have created this extension registered so many of them. It was definitely the cause of one of my biggest discouragements.

I'd have to say the root of the mistake was not doing research before I dove into domaining. I would definitely be a lot happier if I had.

coltter · 11-01-2009, 06:57 PM

hmm, my biggest mistake probably is registered a trademark domain against botw.org, WTH!

Domain Jedi · 11-01-2009, 07:15 PM

I sold a keyword .com with no reserve (having put complete faith in my broker) and lost my pants on the transaction.

I have attempted to buried this memory. Thanks for the reminder.

obiwankenobi · 11-01-2009, 07:20 PM

In the beginning, buying up all those shitty domains!

Dan

eDomaining | A Blog About Domaining

cmason · 11-01-2009, 07:27 PM

Originally Posted by obiwankenobi

In the beginning, buying up all those shitty domains!

????: NamePros.com http://www.namepros.com/domain-name-discussion/620490-what-is-biggest-mistake-you-did.html

Dan

eDomaining | A Blog About Domaining

Amen to that!

GoDaddy's Premium Listing recommendations screwed me big-time! At the time, I figured those were somewhat accurate evaluations, but soon realized (after about 50 purchases of similar domains) that those were just auto-genned and inflated recommendations.

I thought that I was different from the rest and figured that the NP recommendations of "read this forum and follow sales for a month BEFORE making any purchases" applied to all newbies but me. This was actually fantastic advice!

turnhardtoeasy · 11-01-2009, 07:30 PM

I wasted too much money in MLM business

VURG · 11-01-2009, 07:42 PM

Keeping secrets from the wife was very stupid.

One of my worst decisions was to buy domains that I didn't want to keep to make other similar domains seem more rare. If you don't want the domains, don't expect somebody else too.

ComKid · 11-01-2009, 07:44 PM

This is an excellent thread btw....and the question is tough! I have learned from many mistakes but the one that cost me the most on the backside was when I registered a hyphenated .com domain name that was the same keywords as a .com I was in negotiations on for a possible high $x,xxx sale. I recieved an ok on the final settlement price and then they came back the next day and had noticed I registered the hyphenated name, whilst in negotiations for the other name they had agreed to buy. They thought that was being underhanded somehow and backed out of the deal. I didn't lose anything really but I was in high hopes the sale would be the biggest sale for me yet! And the money would have helped big time. Oh well, ....Here's to

! ........

????: NamePros.com http://www.namepros.com/showthread.php?t=620490

On the other hand though..... if I had not registered the hyphenated name...they may have just used that name instead to save $.

I may have made the right choice on this because now I have an idea how much liquidity the domain they wanted has.......and I have the hyphenated version!

Compassion · 11-01-2009, 07:47 PM

trusting nicedomains

grigio · 11-01-2009, 08:00 PM

Let me add another mistake to the collection !

I didn't check for coupons , so i register my first 100 domains in full price... :-(

dotker · 11-01-2009, 08:27 PM

it happened twice in just a week.. i overslept an auction i was saving for, it was a really good name & sale imho.

john_karr · 11-01-2009, 08:48 PM

Reg shitty names!

Originally Posted by grigio

Hey Everyone !
????: NamePros.com http://www.namepros.com/showthread.php?t=620490

What mistakes you did when you enter the domaining industry ???

For all the newbies and the veteran's, please tell me your mistakes !

We can only learn from this...

Everybody made mistakes, Share it with us and don't let other newbies or people, to make the same mistakes.

I will start -

1. I did some cybersquatting when I just started, I registered a lot of trademarks and celebrity names.
Please consult a lawyer or find information about that issue, don't do the same mistakes i did.

Please put your mistakes, so we can all learn from them.

demaxxus · 11-01-2009, 08:55 PM

Registering too many catchy, brandable names that have little resale value (unless the buyer has the exact same vision), even though in the back of my mind I knew I didn't have the time to develop all of them.

MicroGuy · 11-01-2009, 10:15 PM

Originally Posted by grigio

[COLOR="DarkRed"]Everybody made mistakes, Share it with us and don't let other newbies or people, to make the same mistakes.

I think the biggest mistake anyone could ever make in domaining would be to listen to anything that guy with the John Holmes avatar has to say. IMO.

snoop · 11-01-2009, 10:19 PM

Registered 10-15 "brandable" domains.

Luvdomainz · 11-01-2009, 10:45 PM

registered waaaaaaaaaaay too many .mobis!! got no where,so just let them all expire, but a few

jdenwar · 11-01-2009, 10:45 PM

My mistake:

Registered a lot of DILF domains...

At one time i used to own 1762 domains (631 .com domains and 850 .info domains)

Most of them were rubbish and TMed...which i have been dropping these days.

Now i own 621 domains only.... which is 35% of my total domains..

-jd

Steven · 11-02-2009, 12:01 AM

Got caught in some of the domain hypes without doing my own due diligence.

dotker · 11-02-2009, 12:35 AM

i think regging shitty names have happend to most or 99% of the domainers..

imperfection & mistakes are always a part of business and even life.

come on guys, dont say you didnt reg any shitty names?

ssamriga · 11-02-2009, 12:45 AM

My mistakes were:
1. handregistering useless names without learning anything about domain values
2. not knowing there are coupons for cheaper registrations

nomak · 11-02-2009, 03:28 AM

I've put up a good domain for auction @Sedo no reserve, I was expecting it to sell for more than it did.
IMO, Auctioning @Sedo is not the way to go with good domain names. It's like selling cucumbers to the gardener.

snoopinc · 11-02-2009, 03:58 AM

I registered 2 .asia domains. That was a waste of money. I let both expire

ComKid · 11-02-2009, 04:11 AM

Originally Posted by snoopinc

I registered 2 .asia domains. That was a waste of money. I let both expire

How could you do such a thing!!

lol

11-01-2009, 05:52 PM	THREAD STARTER #1 (permalink)
grigio NamePros Member Join Date: May 2009 Location: Tempe, Arizona Posts: 53 Follow @ArbelArif	What Is The Biggest Mistake You Did ? Hey Everyone ! What mistakes you did when you enter the domaining industry ??? For all the newbies and the veteran's, please tell me your mistakes ! We can only learn from this... Everybody made mistakes, Share it with us and don't let other newbies or people, to make the same mistakes. I will start - 1. I did some cybersquatting when I just started, I registered a lot of trademarks and celebrity names. Please consult a lawyer or find information about that issue, don't do the same mistakes i did. Please put your mistakes, so we can all learn from them. __________________ ArbelArif.com / PickUpNames.com

11-01-2009, 06:09 PM	#2 (permalink)
TheBaldOne Senior Member Join Date: Mar 2006 Posts: 1,389	I paid over US$10k to a 'professional' marketing consultant - the worst thing I ever did in this business. But it taught me a lot about what I can actually do myself at least to as good a standard as most of these 'professionals'. The second worst mistake I made was not developing the domains into sites - something again I have learned to do, a site will earn far more money than a parked domain and it can become much more valuable. The third mistake, but perhaps the one that still irritates me, was forming a partnership with someone else who it turned out did just about nothing but was entitled to a cut of my sales. I guess this is personal, but then again it is all part of the learning curve. __________________ Fig.ht - on Sedo or by negotiation directly (Fighters.com recently sold for $110k - so imagine the value of Fig.ht) :)

11-01-2009, 06:43 PM	#3 (permalink)
yilduz Your face is regfee! Join Date: May 2008 Location: Oregon Posts: 1,075 Follow @yilduz	.info This was definitely my biggest mistake. I never should have created this extension registered so many of them. It was definitely the cause of one of my biggest discouragements. I'd have to say the root of the mistake was not doing research before I dove into domaining. I would definitely be a lot happier if I had. __________________ Looking for fantasy hockey owners to begin the new season on ESPN. Deep league with lots of owners and a very high % of keepers (dynasty league). Looking for active owners because this league will continue year after year. My homepage \| I miss my dog - Athena

11-01-2009, 06:57 PM	#4 (permalink)
coltter NamePros Regular Join Date: Aug 2009 Posts: 230	hmm, my biggest mistake probably is registered a trademark domain against botw.org, WTH! __________________ ►Web Directory ✿ Shopping Directory ★ Casino Summit █ Look for a Reliable & Cheap Host? Check out Top 10 Web Hosting Providers Review. █ Find the Best Dedicated Hosting - Delightful Hosts

11-01-2009, 07:15 PM	#5 (permalink)
Domain Jedi NamePros Regular Join Date: Nov 2006 Location: Jedi Temple Posts: 838	I sold a keyword .com with no reserve (having put complete faith in my broker) and lost my pants on the transaction. I have attempted to buried this memory. Thanks for the reminder. __________________ A Premium *Product Specific* .Com: SprayTanMachine.com

11-01-2009, 07:20 PM	#6 (permalink)
obiwankenobi New Member Join Date: Sep 2008 Posts: 4 Follow @eDomaining	In the beginning, buying up all those shitty domains! Dan eDomaining \| A Blog About Domaining

11-01-2009, 07:30 PM	#8 (permalink)
turnhardtoeasy Senior Member Join Date: Mar 2009 Location: India Posts: 1,749 Follow @turnhardtoeasy	I wasted too much money in MLM business __________________ blogvisit.com Makeseoeasy.com

11-01-2009, 07:42 PM	#9 (permalink)
VURG VURG Join Date: Jun 2005 Location: Australia Posts: 2,606	Keeping secrets from the wife was very stupid. One of my worst decisions was to buy domains that I didn't want to keep to make other similar domains seem more rare. If you don't want the domains, don't expect somebody else too.

11-01-2009, 07:44 PM	#10 (permalink)
ComKid NamePros Regular Join Date: Apr 2005 Location: Northern Michigan Posts: 424 Follow @ComKind	This is an excellent thread btw....and the question is tough! I have learned from many mistakes but the one that cost me the most on the backside was when I registered a hyphenated .com domain name that was the same keywords as a .com I was in negotiations on for a possible high $x,xxx sale. I recieved an ok on the final settlement price and then they came back the next day and had noticed I registered the hyphenated name, whilst in negotiations for the other name they had agreed to buy. They thought that was being underhanded somehow and backed out of the deal. I didn't lose anything really but I was in high hopes the sale would be the biggest sale for me yet! And the money would have helped big time. Oh well, ....Here's to ! ........ ????: NamePros.com http://www.namepros.com/showthread.php?t=620490 On the other hand though..... if I had not registered the hyphenated name...they may have just used that name instead to save $. I may have made the right choice on this because now I have an idea how much liquidity the domain they wanted has.......and I have the hyphenated version! Last edited by ComKid; 11-01-2009 at 07:58 PM.

11-01-2009, 07:47 PM	#11 (permalink)
Compassion Senior Member Join Date: Mar 2006 Location: California Posts: 2,064	trusting nicedomains __________________ StephenColbert.net & .org $185

11-01-2009, 08:00 PM	THREAD STARTER #12 (permalink)
grigio NamePros Member Join Date: May 2009 Location: Tempe, Arizona Posts: 53 Follow @ArbelArif	I Want To Add Another Mistake ! Let me add another mistake to the collection ! I didn't check for coupons , so i register my first 100 domains in full price... :-( __________________ ArbelArif.com / PickUpNames.com

11-01-2009, 08:27 PM	#13 (permalink)
dotker NamePros Regular Join Date: Apr 2009 Posts: 760	it happened twice in just a week.. i overslept an auction i was saving for, it was a really good name & sale imho. __________________ Dotker Online Services

11-01-2009, 08:55 PM	#15 (permalink)
demaxxus NamePros Regular Join Date: Jul 2007 Posts: 322	Registering too many catchy, brandable names that have little resale value (unless the buyer has the exact same vision), even though in the back of my mind I knew I didn't have the time to develop all of them.

11-01-2009, 10:19 PM	#17 (permalink)
snoop New User Join Date: Dec 2004 Posts: 5,072	Registered 10-15 "brandable" domains.

11-01-2009, 10:45 PM	#18 (permalink)
Luvdomainz NamePros Regular Join Date: Aug 2008 Location: USA Posts: 528	registered waaaaaaaaaaay too many .mobis!! got no where,so just let them all expire, but a few __________________ Lots of LLL.me and other domains for sale, just pm if interested!

11-01-2009, 10:45 PM	#19 (permalink)
jdenwar Senior Member Join Date: Oct 2008 Location: Texas, United States Posts: 1,279 Follow @jdenwar	My mistake: Registered a lot of DILF domains... At one time i used to own 1762 domains (631 .com domains and 850 .info domains) Most of them were rubbish and TMed...which i have been dropping these days. Now i own 621 domains only.... which is 35% of my total domains.. -jd __________________ BARGAIN-FARE.com is FOR SALE at $xx only BARGAIN-FARE.com is FOR SALE at $xx only

11-02-2009, 12:01 AM	#20 (permalink)
Steven Senior Member Join Date: Dec 2006 Location: Namepros.com Posts: 3,456	Got caught in some of the domain hypes without doing my own due diligence. __________________ Domain Name

11-02-2009, 12:35 AM	#21 (permalink)
dotker NamePros Regular Join Date: Apr 2009 Posts: 760	i think regging shitty names have happend to most or 99% of the domainers.. imperfection & mistakes are always a part of business and even life. come on guys, dont say you didnt reg any shitty names? __________________ Dotker Online Services

11-02-2009, 12:45 AM	#22 (permalink)
ssamriga Senior Member Join Date: Aug 2007 Location: EU Posts: 1,871	My mistakes were: 1. handregistering useless names without learning anything about domain values 2. not knowing there are coupons for cheaper registrations __________________ SnowyRange.com 15 years old PR3 GEO name with stable traffic My domain portfolio: DNFit.com - Domain Names that Fit Your Business

11-02-2009, 03:28 AM	#23 (permalink)
nomak NamePros Member Join Date: May 2009 Location: Romania Posts: 156	I've put up a good domain for auction @Sedo no reserve, I was expecting it to sell for more than it did. IMO, Auctioning @Sedo is not the way to go with good domain names. It's like selling cucumbers to the gardener. __________________ Great minds have purposes, the others have wishes. Marbella Hotels

11-02-2009, 03:58 AM	#24 (permalink)
snoopinc NamePros Regular Join Date: Oct 2007 Location: Australia Posts: 496 Follow @shaunfm	I registered 2 .asia domains. That was a waste of money. I let both expire __________________ Flare.me - Quality Image Hosting

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What Is The Biggest Mistake You Did ?

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