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A domain buyer as I define it from the perspective of a domainer is someone who buys a domain name but doesn't make an extra effort in selling it. He/she just put the domain name on sale and enjoys the fruits of the investment.
Now, as a domain buyer, whose capability lies in spotting the right domain names and building a portfolio, we are looking at less than 20 hours of work in spotting, researching and buying the right domain names, after initially having acquired the skills. That makes them comparatively free and not involving much in experimenting and reaching out to buyers etc.
So, my question is:
Is someone who solely relies on buying (and believes that money lies in acquiring the right domain names and sales just happen by themselves) even working at all?
This is like a part-time or a low involvement business and doesn't make sense to do it full-time unless you believe that you are at a place in life, where you want to retire and simultaneously, have some cash flow.
If you are not doing outbound, are you even domaining?
Thoughts are welcome. If you are a domain buyer, your perspective would be extremely valuable.
Now, as a domain buyer, whose capability lies in spotting the right domain names and building a portfolio, we are looking at less than 20 hours of work in spotting, researching and buying the right domain names, after initially having acquired the skills. That makes them comparatively free and not involving much in experimenting and reaching out to buyers etc.
So, my question is:
Is someone who solely relies on buying (and believes that money lies in acquiring the right domain names and sales just happen by themselves) even working at all?
This is like a part-time or a low involvement business and doesn't make sense to do it full-time unless you believe that you are at a place in life, where you want to retire and simultaneously, have some cash flow.
If you are not doing outbound, are you even domaining?
Thoughts are welcome. If you are a domain buyer, your perspective would be extremely valuable.