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other Inspiration for Domain Investing in 2015

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Many inspirational individuals that we strive to become have said powerful words in their lifetime that we too live by. Some of us wake up and see them on our calendars, reminding of us that this is going to be the day for change. It can be, if you make it. Nobody but yourself can make that happen though. Here are some words said throughout the century in an article entitled “15 Quotes to Spark Creativity in 2015”.

I thought that it would be appropriate to apply these quotes as closely as possible to a domain investing level and share ideas and some personal experiences based upon them.
Albert Einstein said:
If you always do what you always did, you will always get what you always got.
Simply put, keep doing what you’re doing and you’re always going to receive the same results. If you desire change, make it happen by changing the way your business model works. This could be from investing in one area to another or start development over parking.
Will Rogers said:
Even if you are on the right track, you'll get run over if you just sit there.
Once in a while, you may be on the right track with negotiations on a domain name that you want. However, if you sit on that idea for too long, the seller has the option to pull out and sell it to someone else.
Azim Premji said:
If you believe that you’re on the right track, pull the trigger and take action. You will only see the outcome once all is said and done. When the rate of change outside is more than what is inside, be sure that the end is near.
Breaking the pattern of what you are currently doing wrong that may be hindering your progress is going to be hard, but it must be overcome to become successful.

If you are a habitual hand registrant, take an entire day off and go over the list of domains that you have. See if they hold value days, weeks and months after you thought that they originally did. Also, create plans around them or find end users.

They’re worthless sitting there.

Going over your failures will be hard, but facing them will set you up for success.
George Bernard Shaw said:
The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.
This quote struck me as it has a double meaning in the domain industry. On one side, you have the 99% who are persistently investing in the .com as it is the unwritten law. However, you also have 1% of domain investors avidly investing in nTLD’s to either make a change or make something happen for themselves
T. Dewar said:
Minds are like parachutes; they work best when open.
If you keep your mind closed to new information or don’t change your ways because it makes you anxious, you’re going to ultimately fall flat on your face. A lot of investors out there have made the same mistakes and are willing to provide you with tips to succeed if you ask.
Rashmi Bansal said:
Stay hungry. Stay foolish.
Never be satisfied and always strive for growth, pressing on through thick and thin.

This was even quoted by the late Steve Jobs. We can all safely say with him, that he didn’t stay hungry.

If you don’t already do this for your business, create Key Performance Indicators. They don’t have to be long.

If you haven’t yet, start your KPI’s fresh from January 1st-8th. In your first one, state where you are, such as how many domains you have, sold, revenue, etc. as well as a to-do list for the following week. The week of January 8th-15th you simply see if you’ve achieved your goals and mark the difference in sold, revenue and sales from the previous week.

By the end of the year, you should have a lot of files and be able to pat yourself on the back by knowing exact numbers and that you can achieve goals that you set. Nothing is unattainable, it may just take longer in some instances.
Andre Gide said:
You cannot discover new oceans unless you have the courage to lose sight of the shore.
A little research in domain investing would help before you get out of your comfort zone. With that being said, domain speculation could be a whole new market for you. Hop in.
Anonymous said:
Innovation is anything, but business as usual.
You should constantly be innovating and filling a need. Whether it’s domain development for your personal portfolio or finding a need of someone else and filling it.
Dale Carnegie said:
Most of the important things in the world have been accomplished by people who have kept on trying when there seemed to be no hope at all.
There is going to be a time in your career when you see no hope. That will be the day before you have received your first offer. Every industry has its ups and downs and if you thought domain investing was any different, you’re wrong.
Gijs van Wulfen said:
Managers say yes to innovation when doing nothing is a bigger risk.
Innovation is key to success. If you do not continue to innovate, you’re sitting around doing nothing. Pick up the newspaper and follow the news. The news can give you insight on what is happening globally, so that you can get back to the drawing board and move forward.
T. Levitt said:
Ideas are useless unless used.
This is one that I don’t live by. I create lists of domain development ideas and throw them in a folder. Typically, my time is consumed by purchasing new domain names. This leaves the names I do buy in a vicious cycle of not being developed.

This has worked out for me quite well though. I can use my ideas as a pitch in some cases or I have a backup strategy on a rainy day.
Advertisement of Accenture said:
It is not how many ideas you have. It’s how many you make happen.
Going back to what I said previously, I have many ideas. I can make them happen. I do make some of them happen, but it is time consuming to jumble so many tasks at once
L. Duncan said:
Innovation is the ability to convert ideas into invoices.
We all want the money, so go out there and get it. Come up with an idea and pitch it to a company. This is of course in the form of a sales pitch on why they need a domain you have. Then, create an invoice for it to receive a payday.
Dan Brown said:
Everything is possible. The impossible just takes longer.
Tick, tock, tick, tock.

The inspirational quotes compiled by Gijs van Wulfen on LinkedIn had me scratching my head at midnight pondering the 10s or even 100s of opportunities that slipped through my fingertips by second guessing myself, but I too must move forward and not sit around playing the what-if game.

Every single quote applies to this industry and life. It made me question how I do business and how I should change for 2015.

Obviously, a comprehensive list cannot be made for these quotes or they would go on for pages. However, after reading these quotes, what have you taken from them and what do you plan on doing for 2015 to make it a better year?
 
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The views expressed on this page by users and staff are their own, not those of NamePros.
George Bernard Shaw said: The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.

While I do appreciate this quote, I am not sure I agree with the nTLD angle. It could also be said that the industry is shifting, on a small scale, from exact match domains to brandables.

Regardless, nice post.
 
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"Do what you like doing best. Those that appreciate it, will. Those that don't - well, f*ck them." Igal Lichtman - 2010.
 
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"Do what you like doing best. Those that appreciate it, will. Those that don't - well, f*ck them." Igal Lichtman - 2010.
Inspirational in a sense and left a legacy behind. :xf.smile:
 
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