advice The truth hurts. Let it. Learn from it. Grow.

[The Group]

The first time I asked for a valuation from the community on one of my first domain names, I was shut down. I hated it. It felt awful and I fought the whole way trying to stand my ground. Even though I was wrong, I didn't want to admit it to myself. My ego had taken over and I thought I had re-invented the wheel with registering domain names. Sound familiar? Anyone?

I want to thank those who told me the truth - because that is exactly what I needed to hear when I was first starting and even to this day. When those names didn't do well, I was able to reflect, open up and really take into consideration what the general consensus was on the domain names.

What i'm getting at here is that if you are new to the community and to domain name investing or even if you have been around for a while with no success - do not be offended or let your ego take hold when the vast majority of replies are not to you liking when it comes to valuating your domain names. Take the advice with a grain of salt and apply it to your next purchase. The objective isn't to shut you down, it is merely to inform you and save you a lot of money. A lot of us started by spending money on domain names of no value - we've all gone through that cycle at one point or another. Breath, take the advice, ask some questions and learn. Most importantly, remember, it's all about staying positive and setting goals

 

[Keith]

Good post.

Part of being a newbie is not expecting a handout. This isn't government aid. Most of us put in years to learn how the game is played. So come join the fun, but don't expect me to divulge years worth of trial and error in a few PMs

 

[The Group]

Good post.

Part of being a newbie is not expecting a handout. This isn't government aid. Most of us put in years to learn how the game is played. So come join the fun, but don't expect me to divulge years worth of trial and error in a few PMs

You make another great point. You yourself will have to spend countless hour learning, just like the rest of us did! The occasional question is always welcome - but you have to do the in depth research we all did to get to a point of success and maintain it.

 

[mhdoc]

Keep in mind that the internet is always changing. What worked yesterday may not work tomorrow. The domain world is huge. No one really knows how many "boxes" there are or what the rules are inside each one. So while "old timers" have learned a lot, that doesn't mean a newcomer can't find their own success. It is not uncommon for one persons trash to become another's gold. Lots of up and downside for everyone.

 

[The Group]

Keep in mind that the internet is always changing. What worked yesterday may not work tomorrow. The domain world is huge. No one really knows how many "boxes" there are or what the rules are inside each one. So while "old timers" have learned a lot, that doesn't mean a newcomer can't find their own success. It is not uncommon for one persons trash to become another's gold. Lots of up and downside for everyone.

I think that is one of my favorite parts about the industry. That everyone can have their own style and still become successful. My first time on a Sherpa Review, the domains I had picked weren't as adorned as I thought they would be - I still sold them for a great ROI - that proves your point. So yes, while a lot of "young guns" are going about it in a different way there are still a set of foundational "rules" and "laws" of value that need to be in place. At least through my eyes.

 

[Keith]

The biggest mistake made is buying too many domains. Buy a few and sell them before buying more.

 

[LoneDeranger]

Hi. Thanks for your post. It got me even more motivated then i was before getting into this thread.

I have learned many many important things and tools for life while serving the army. Let me share a little experience I had during my trainings..its long, but It has a moral, i promise:

4 months after i was recruited we had this kind of "field week" which i cannot really detail much about it.. But one act was really unforgettable: it was about 4.00 am, the sun was still asleep, our officer who was in charge threw a smoke gas into our "tent" to wake us up.. My balls was freezing as hell and I just wanted to bury myself.. After we checked everybody had woke up we took a walk for about 5 km. then we stopped. Infront of us - 800 meters of dried river (it was in the desert). Across it there was a 600 meter-high hill. The other side was almost invisible. Then the officer spoke: "good morning. Can anyone tell me where are we heading?". One soldier replied: "To the other side of the river, I assume". "That is incorrect", said the officer. "Anyone else?". I was shocked. I thought to myself oh dear lord is he aiming for the top of the hill?. "To the TOP of the hill!" He said with a devilish smile. He then added quickly: "and how are we going to get there?" --- silence. No one dared to give him an idea... But he already knew the answer - " by C R A W L I N G. 20 fresh, spoiled (well, Im talking about myself now) soldiers who sipped hot cocoa under the cozy blankey only 6 months ago are now facing a vast, ruthless, muddy, rocky, thorny, merciless 1.4 km-long road. You name it. I almost pee'd in my pants i remember.. " DOWN TO CRAWLING-STATE" he shouted, oh and we went down... I can still smell the sand haha. I didnt believe it was possible for a human being to do it. Guess what. I DID. 02:24:51 (hours) is the time it took me to make it to the top. I finished last. Every cell in my body was fighting me to stop in every single step i did. But i fought back. And I WON. Didnt recognize myself after looking in the mirror, but it didnt matter to me. I dont care i finished last. TO ME I FINISHED FIRST.

FOLKS, EVERYTHING AND I MEAN EVERYTHING IS POSSIBLE. Ive learned it through my own flesh. And i can tell you now.

This is why i keep study domaining. I am 100% sure I will succeed in this at some point. And im confident enough to say ill succeed in life, at one time or another. BELIEVE IN YOURSELF.

Thanks for reading, hope it will help some desperate folks around here and keep their head up!

* My sincere appologies for any grammar mistakes made!

 

[The Group]

Hi. Thanks for your post. It got me even more motivated then i was before getting into this thread.

I have learned many many important things and tools for life while serving the army. Let me share a little experience I had during my trainings..its long, but It has a moral, i promise:

4 months after i was recruited we had this kind of "field week" which i cannot really detail much about it.. But one act was really unforgettable: it was about 4.00 am, the sun was still asleep, our officer who was in charge threw a smoke gas into our "tent" to wake us up.. My balls was freezing as hell and I just wanted to bury myself.. After we checked everybody had woke up we took a walk for about 5 km. then we stopped. Infront of us - 800 meters of dried river (it was in the desert). Across it there was a 600 meter-high hill. The other side was almost invisible. Then the officer spoke: "good morning. Can anyone tell me where are we heading?". One soldier replied: "To the other side of the river, I assume". "That is incorrect", said the officer. "Anyone else?". I was shocked. I thought to myself oh dear lord is he aiming for the top of the hill?. "To the TOP of the hill!" He said with a devilish smile. He then added quickly: "and how are we going to get there?" --- silence. No one dared to give him an idea... But he already knew the answer - " by C R A W L I N G. 20 fresh, spoiled (well, Im talking about myself now) soldiers who sipped hot cocoa under the cozy blankey only 6 months ago are now facing a vast, ruthless, muddy, rocky, thorny, merciless 1.4 km-long road. You name it. I almost pee'd in my pants i remember.. " DOWN TO CRAWLING-STATE" he shouted, oh and we went down... I can still smell the sand haha. I didnt believe it was possible for a human being to do it. Guess what. I DID. 02:24:51 (hours) is the time it took me to make it to the top. I finished last. Every cell in my body was fighting me to stop in every single step i did. But i fought back. And I WON. Didnt recognize myself after looking in the mirror, but it didnt matter to me. I dont care i finished last. TO ME I FINISHED FIRST.

FOLKS, EVERYTHING AND I MEAN EVERYTHING IS POSSIBLE. Ive learned it through my own flesh. And i can tell you now.

This is why i keep study domaining. I am 100% sure I will succeed in this at some point. And im confident enough to say ill succeed in life, at one time or another. BELIEVE IN YOURSELF.

Thanks for reading, hope it will help some desperate folks around here and keep their head up!

I couldn't agree with you more!! At the end of the day - the only true limits to success are the ones you place on yourself!

Great story my friend, indeed you will only succeed when you tell your self that it's the only option. Push yourself harder than you ever have and set your mind on one thing and one thing only - the feeling you'll get when you are standing on top of that hill thinking to yourself "Holy $%#$ I made it!"

 

[LoneDeranger]

I couldn't agree with you more!! At the end of the day - the only true limits to success are the ones you place on yourself!

Great story my friend, indeed you will only succeed when you tell your self that it's the only option. Push yourself harder than you ever have and set your mind on one thing and one thing only - the feeling you'll get when you are standing on top of that hill thinking to yourself "Holy $%#$ I made it!"

Absolutely. There is a famous motivation video saying that people don't really want to succeed, they just kinda want it.. And only if you'll want to succeed as bad as you wanna breathe, then you'll be successful!

 

[The Group]

I LIVE by this.

 

[dnk]

I agree , domain names are the worst investment in India due to the high levels of corruption, nepotism. My retirement savings of twenty years have been stolen by greedy fraud government officials who remain conveniently anonymous and I am wasting time and money searching for my hard earned money,

 

[Joseph Green]

Fantastic post, Ali!

I LIVE by this.

I'll see your Will Smith and raise you Eric Thomas:

The message in this video is the single most important thing for anyone to understand if they want to be successful. It applies to all forms of success: business, family, anything.

 

[hn]

Have to agree with it. I keep telling everyone - the value of any domain is only that much to the extent any buyer is willing to pay for it! Unless you have a great network, amazing marketing and a wonderful reputation at brokering multi million dollar deals - even if you have a great one word dictionary domain will find hard to sell it or find buyers! Its same across everywhere - marketing is the key - how well you package and market any product and present it to the end user is really important in determining the value of any domain or product. You may be able to sell a junk word for XXX dollars or any premium domain may remain unsold even for XXX $

 

[Michelle]

I love this thread full of positivity :D My life revolves around that word *positivity* if you give out negativity that's what you will attract back...

 

[The Group]

I love this thread full of positivity :D My life revolves around that word *positivity* if you give out negativity that's what you will attract back...

Energy attracts like energies.

 

[Michelle]

Energy attracts like energies.

The law of attraction it works....

 

[The Group]

The law of attraction it works....

Living proof right here

 

[Tia Wood]

Good thread.

On an unrelated note, Ali Zandi: is that your real beard? :D Nice beard if it is!

 

[baseballworld]

The biggest mistake made is buying too many domains. Buy a few and sell them before buying more.

Depends on what your doing. This is not the case for everyone I park my domains and use many accounts with godaddy accounts to buy in bulk using drop list domains through a specific search criteria and they must meet requirements. Buying in bulk has allowed me to make profits in parking alone having strength in numbers. The right person can pull this off.

 

[Joseph Green]

I keep telling everyone - the value of any domain is only that much to the extent any buyer is willing to pay for it! . . . how well you package and market any product and present it to the end user is really important in determining the value of any domain or product.

Definitely, and even then, you may have to say no to several "wrong" buyers' offers until you find the right buyer. You may even have to say no to the right buyer a handful of times before you get to the true value of the domain name. One of the keys to being successful in this business is learning to recognize when you've received a fair offer and then sell.

 

[The Group]

Good thread.

On an unrelated note, Ali Zandi: is that your real beard? :D Nice beard if it is!

Haha, it was! Until I made the biggest mistake of my life and shaved it! Might grow it back, we'll see. Ha!

 

[muttus]

Haha Ali, we all learn from our mistakes, but don't worry you beard will grow at least as fast as you portfolio.

Thanks for positive and inspiring thread to all contributors.

 

[Michelle]

Haha, it was! Until I made the biggest mistake of my life and shaved it! Might grow it back, we'll see. Ha!

As a nurse we have a saying

If there is no documentation or in this case no PICTURE.. it did not happen :p

 

[sofiapartner]

OK. Who are you my teacher? Where I can read more about you and your domain success?

 

[The Group]

As a nurse we have a saying

If there is no documentation or in this case no PICTURE.. it did not happen :P

Well then, It "never happened"! I'll just hold off on any interviews and photo-ops until it grows back.