Dynadot

advice From one beginner to another

Spaceship Spaceship
OK, so I've never written a blog post before, but where better to start than here on NamePros?

My name is Andy, and I've only been a member since September last year, joining one day after my 33rd birthday. I started my domaining journey in August 2014.

When I first heard about "domaining" I was looking for ways to make a little extra cash on the side, and unfortunately, I stumbled upon Sedo who directed me to United Domains. Oh boy, do I wish I found GoDaddy, NamePros, and Flippa first. As a beginner, these are definitely the places you want to be: great auctions, priceless advice, and of course $1 coupons for the hand reg's.

I thought I could re-invent the wheel and hand reg'd a whole load of new gTLD's with premium words and phrases, so in my first 3 weeks, I was down at least $300. After a couple of months, I soon realized that they were useless (they were all .bio). To be honest, I'm too embarrassed to list what I registered. Soon after this, I signed into Google AdWords, which is a great tool to see what's hot and what's not; if your not sure what Google AdWords is, it has a tool named Keyword Planner where you can type in a keyword or phrase to see how often it is searched on average each month; the higher the search volume, the better. I then stumbled across ExpiredDomains.net, which in theory is a good site but, this is when I started to hand reg trademark domains such as BestGamesforAndroid.com. Sure, it's searched over 40,000 times a month but no end user is interested as it infringes on Android (no wonder it was expired)

DomainSherpa.com saved me. By this point, I was thinking, "What am I doing?" I've wasted all this money and seen no return and probably never will. Thanks to the @Ali Zandi's interview on DS, which I watched twice. I took notes and started afresh; I had to accept the money spent is gone. Ali's interview helped me understand domaining a lot better, what people are looking for and how to sell a domain. Ali's techniques are priceless and his portfolio proves it.

NamePros.com saved me. This forum is the best! Back in April, I was out of the game, I was homeless, my wife was unemployed and suffered a miscarriage. I gave up. Towards the end of April, I decided I should see if I could get rid of some of my garbage hand reg's, so I listed them here on NamePros. I sold 8 domains for $11... WOW!!!! I then started to just randomly read some of the Pros' blog posts by (@Ali Zandi and @Eric Lyon ) with the full intention of quitting. Two months later, here I am writing my first ever blog post. I have sold a further 4 domains for profit (not much), but they are still sales. I know how to advertise a domain for sale, I know how to contact potential end users, and I know .com is king!!

I now spend most of my time reading blog posts on here from the Pros (priceless advice), browsing GoDaddy closeout auctions and expiring domains, and doing my full research before bidding/buying. I list some domains on Flippa and on NamePros. I still hand reg the occasional domain, but nine times out of ten, I use a $1 coupon for those! I am more active on LinkedIn (add me here) searching for end users, thanks to @jamesiles's blog post.

So here is a quick recap for all you fellow beginners: places to go and accounts to create.
This is just the frosting; I am still learning daily, and so will you.

I spent 3 years at college studying engineering, and I am more motivated about domains than engineering. I am now teaching myself web development, something I know nothing about but want to do.

I hope you have enjoyed reading this post and have learned a little something new :)
 
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The views expressed on this page by users and staff are their own, not those of NamePros.
Thanks for the posts.I have too wasted around $600 when i was beginner and left domaining for 4-5 years now i am back here for investment.
Still have to learn a lot!
 
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Hi @Andy. Thanks for the tips. As a beginner myself, finding NamePros is like finding the Swiss Army knife, in the domaining jungle. I'm really thankful to all the domain guru here, for the share of their knowledge.

Thanks guys!
 
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My first day at NamePros and glad to have found your blog. So far I'm down about $130 and hope to make decent sales soon. Most of my concern is infringement so I've been trying to learn more about it, it turns out it can be quite gray area.

DomainSherpa/Mr. Michael, you're the best!
 
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Andy, such a refreshing post! I'm relatively new to the business as well and am committed to learning daily. Thanks for the resources and encouragement!
 
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Amazing post buddy. I'm sorry about your wife's miscarriage.

I'm kind of on the same road as you. I also discovered domaining while looking for side-income opportunities. I'm chemical engineering student who works 2 part-time jobs. Even with those 2 jobs, I still feel the need to earn more, not for myself, but for my 9 yo brother. He's a smart kid, he knows what our financial situation is, and is always willing to make sacrifices. As his big brother, it demoralizes me.

I also use all of those websites and tools you mentioned. DomainSherpa really is a great starting point for new domainers like us. I would suggest checking out Shane Cultra's DomainShane.com as well. If you have a flipper's mindset, his daily auctions picks should help you figure out which types of domain sell quickly.

I'm probably close to $500 down and haven't had a significant sale since I started 6 months ago. I do however have an end-user express enthusiasm in buying a domain name of mine for $500. I'm just waiting for their webmaster to contact me. I submitted a question to Michael on DomainSherpa about end user sales a few months ago. He was kind enough to include my question in the show. Adam, Andrew, and Shane's answers really helped me come up with a sales pitch/strategy that worked.

Anyway, good luck on your domaining activities, and I hope we both start making significant sales in the near future.
 
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@Andy,

One of the first steps to being successful in business is realizing your mistakes along the way. It takes a lot to admit when we are wrong but all of us have been there before.

This industry needs more people like you in it.

Cheers,
Ken O'Brien
 
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By the way Andy, I've been on Namepros since several years and started more serious domaining about 1-2 years ago... and despite having recently joined the game, there are alot of stuff that you're learning that domainers for many years are learning with you.

sites like Brandbucket didn't exist 5-6 years ago (not to this capacity anyway), neither did Flippa.
There's alot of new sites, strategies and so-on, which is an evolution of the domain business..

I'm just watching Ali's interview which I didn't know he had done on DomainSherpa, and the info is just awesome!! so thanks for sharing it!!
 
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Well done mate. Knowledge is definitely rewarding.

Keep it up.
 
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Good post. All we new domaines have a lot to learn. I feel very lucky to discover gem sites like Namepros.com, domainsherpa and Shanedomains.com at very early of the journey. I wish you all the best Andy.
 
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Sorry to hear about your wife's miscarriage. I hope everything is OK now.

Thank you for your super honest post. Many people (including me I guess) are not so brave to share their real experience (no bragging, just mere truth) and admit their mistakes. I am sure that EVERY domainer at least once made a wrong name choice.

So...we're you able to have some sales lately?
 
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I'm sorry to hear about what happened with your family. I am glad things are looking better for you.

You seem like a smart guy. I think you will make it, Andy. :)
 
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WOW....I want to thank you all so far for your amazing comments, thanks and likes. I did not think for minute that this post would get as much attention as it has done. I'm quite over whelmed because like I said "it's my first ever blog" and I did not expect such big and positive reaction. Thank you Namepros.

My family and I are doing well, my wife is back in work, we are in temporary housing through our local council and we are grateful and thankful that we have each other to go through these testing and difficult times that life throws at you every once in a while. or in our case it was 3 in one month :xf.confused: but hey, we got through it and I'm here learning and striving to succeed on the domain train :xf.wink:
 
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WOW....I want to thank you all so far for your amazing comments, thanks and likes. I did not think for minute that this post would get as much attention as it has done. I'm quite over whelmed because like I said "it's my first ever blog" and I did not expect such big and positive reaction. Thank you Namepros.

My family and I are doing well, my wife is back in work, we are in temporary housing through our local council and we are grateful and thankful that we have each other to go through these testing and difficult times that life throws at you every once in a while. or in our case it was 3 in one month :xf.confused: but hey, we got through it and I'm here learning and striving to succeed on the domain train :xf.wink:
Life is like this.tough time is hard to go:-o
Just keep attitude positive!
Hope you sell lots of DNs with huge margin ;)
 
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It takes a lot of strength to lay it out there Andy, thank you for sharing your trials and tribulations.
 
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Wow story Andy! Life can only get better!! Yes you have terrible times, my wife and I went thru a couple of miscarriages [we now have 3 kids]! Things will get better, Just dig in, keep learning, quitting is not an option, it ain't over till you win!

Keep your head up bro!
 
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Thanks for your honesty and vulnerability! Takes a ton of courage! Glad things are improving for you and your wife!
 
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Keep it up man! I'm still learning everyday something new about the industry with a long ways to go still but Namepros sure makes it much easier to be strategic and competitive. I wish all the best for you and thanks for sharing your story with us!
 
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Nice post and some good info for us beginners, you should start off your own beginners blog like I have and do a guest post for each other. good luck.
 
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If you're a beginner who is looking for advice from "experts" in the domain industry, just know that most of them had money at their disposal to create a brand/business when they started out. Very few were poor and struggling when they decided to invest in domain names.

Their successes shouldn't be looked at as "I can do it too!" because anyone who has a lot of money can become a successful domaining guru. If you have the money to fail and desire to learn from your mistakes, you can became successful at anything.

Many domainers who start blogging end up making more money from their website (sponsor ads, adsense, ebooks/manuals, mentorship programs, etc.) than they do each month making domain sales. They built a business around the domain industry yet they don't even sell as many domain names as you would think. Also many of them have other business ventures they're involved in. They don't solely make money from domaining.

Domainers doubling, tripling, or quadrupling their investments are few and far between.

Please keep all of this in mind because there's a lot of hype out there. I hate to see anyone lose money who doesn't have money to lose.
 
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good post. You showed how buying domains and making money is not an overnight thing. We have all made mistakes coming into this biz (myself included) and we learn as we grow. Trust me though when you get that first $xxx sale then $x,xxx sale that is a GREAT feeling.

Take it slow as I am sure you are and down the line things will get better. Continue and dont give up!
 
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For sure this is definitely a slow learning process, if anyone thinks it's going to happen overnight then think again. Almost a year in and my total sales are less than $xxx, and I'm a long way off to recoup my initial investment. Can't wait to get that $x,xxx sale. Fingers crossed.

Thanks again for all the further comments, advice and suggestions.
 
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I forgot how I stumbled upon NamePros but I'm glad that I did. I started about 2 years ago when I was 19 and couldn't find a job. I remember by first domains were hand-regs as well. I ended up getting lucky and made my first sale(s) here on NamePros and Ebay. After learning the domain game and getting advice, I've managed to have my first $xxx sales on Flippa, which was exciting. I am now a Super Seller on Flippa, looking to make my first $x,xxx sale.
 
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