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question One risk you would take to achieve mid 5 fig or 6 fig sale

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90% of domainers would never had a mid 5 figure or six figure sale, what's that one risk you would take to achieve it? if it comes from the one who has achieved that figure would be great.
 
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The views expressed on this page by users and staff are their own, not those of NamePros.
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Buying that name for high 4 figures or more when the opportunity comes.
 
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It may sound a bit boring (sorry), but I want to introduce the concept of "calculated risk". On an aggregated level I personally don't do extremely risky things in domaining, and have no desire to do so.

Many domainers will never sell all of their domain names. The entire portfolio must offer possibilities to realize a healthy mix of small, medium, and large sales, over different periods. The calculated risk consists of making good estimates for your domains in each category and their probability of return. The total annual renewal costs are an "acceptable risk", even if you have to wait one or two decades before a domain gets sold for the amount you're mentioning in the original question.
 
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We are all buying beasts for the market so make sure you know your difference between and ass, a mule, a donkey, a horse, a race horse and a Champion where you can sell the semen for lots of money.
 
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I've turned down several offers recently ranging from high xxx to mid xxxx for names. Yes, having the cash to put into other names would be nice but the offers were not even a fourth of a reasonable number.
 
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Turning down an offer to hold out (hope) for a better offer.
i agree if you always take a 4 figure amount you will never see a 5 figure, you have to be willing to hold out. :)
 
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We are all buying beasts for the market so make sure you know your difference between and ass, a mule, a donkey, a horse, a race horse and a Champion where you can sell the semen for lots of money.
or falabella. Miniature horses.
 
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