poll Why are you not in the $1M club?

Arpit131 · Aug 31, 2018

Something to think upon?

lambo.com · Aug 31, 2018

I'll sell a $million domain at some point

NickB · Aug 31, 2018

if you are then why would you brag about it?

Arpit131 · Aug 31, 2018

MrAcidic said:
if you are then why would you brag about it?

The vote doesn't show the name. In one of the polls, some millionaires voted for it.
A number is always good.

atinc · Aug 31, 2018

Probably still new to the game. Achieving million dollar sales with domains is not just that easy!

lambo.com · Aug 31, 2018

MrAcidic said:
if you are then why would you brag about it?

It's not bragging if you are asked.

For successful people to have a voice on a forum where most people have no idea wtf they are doing allows those with drive, ambition and potential to rise and to improve their discernment and BS radar.

Rick Schwartz served in this inspiring role/ capacity for me.

NickB · Aug 31, 2018

Arpit131 said:
The vote doesn't show the name. In one of the polls, some millionaires voted for it.
A number is always good.

Fair enough....just me giving a insouciant reply

MarketingStrategies.com said:
It's not bragging if you are asked.

For successful people to have a voice on a forum where most people have no idea wtf they are doing allows those with drive, ambition and potential to rise and to improve their discernment and BS radar.

Rick Schwartz served in this inspiring role/ capacity for me.

the ability to judge BS is not dependent on your bank balance

lambo.com · Aug 31, 2018

MrAcidic said:
the ability to judge BS is not dependent on your bank balance

Success is corellated to profits in domaining.

Most people do not make the jump to domain investing from domain speculation.

Most people do not make the jump to domain assets from domain liabilities.

imadoer · Aug 31, 2018

Million dollar club meaning million in sales or million in n the bank?

domain hacks · Aug 31, 2018

If you stop earning now because you have $1M and decide to live on that money for the rest of your life.....you could spend $5K/month for the next 16 years. And then....then you will be broke again. So if you are thinking $1M is a LOT of money, you are at the wrong forum.

On the other side, the best things in life are free...

DrJacoby · Aug 31, 2018

domain hacks said:
If you stop earning now because you have $1M and decide to live on that money for the rest of your life.....you could spend $5K/month for the next 16 years. And then....then you will be broke again. So if you are thinking $1M is a LOT of money, you are at the wrong forum.

On the other side, the best things in life are free...

If you have $1M and is not earning any dividends or capital appreciation, then you're a fool.

$1M is a lot of money, and I would easily be set for life with it despite living in a rather expensive country.

imadoer · Aug 31, 2018

DrJacoby said:
If you have $1M and is not earning any dividends or capital appreciation, then you're a fool.

$1M is a lot of money, and I would easily be set for life with it despite living in a rather expensive country.

It really depends where you live...1m is nothing in Beverly hills

DrJacoby · Aug 31, 2018

imadoer said:
It really depends where you live...1m is nothing in Beverly hills

Sure, it partly depends on what part of the world you live in, but equally important is HOW you live.

You don't need expensive houses and cars to have a good and fulfilling life.

Furquan · Sep 1, 2018

Why are you not in the $1M club?

Ans:- I don't want to be in the $1M club.

Anything else.

.X. · Sep 1, 2018

Simple, I am not a good enough domainer to be in any million dollar club

DeliDomains · Sep 1, 2018

I'm having sleepless night just to be there. I have not studied so hard in school/college compared to domaining.

karmaco · Sep 1, 2018

To start with my own country, 83% of people in the US earn $100 K or less in a year. 97% earn $250K or less. Why should the figures be any different in the world of domaining than in any regular job? If anything they will be worse than a steady job with a guaranteed income and no annual renewal fees.

To answer your question, unless you are both lucky and have best of the best names you are not a miserable failure if you don’t make a million dollars. You are in the majority. Dreams should be tempered with realism.

Rich · Sep 1, 2018

For me it's a mix of going after highly competitive names just out of my budget and not reinvesting enough profits.

DanBingham · Sep 2, 2018

Personally, i would pass up the offer.

DrJacoby · Sep 2, 2018

DefinitelyDomains said:
Personally, i would pass up the offer.

Huh?! What offer are you referring to?

DT13 · Sep 4, 2018

I will be i a few years!

.X. · Sep 4, 2018

karmaco said:
To start with my own country, 83% of people in the US earn $100 K or less in a year. 97% earn $250K or less. Why should the figures be any different in the world of domaining than in any regular job? If anything they will be worse than a steady job with a guaranteed income and no annual renewal fees.

To answer your question, unless you are both lucky and have best of the best names you are not a miserable failure if you don’t make a million dollars. You are in the majority. Dreams should be tempered with realism.

The truth, excellent post and thank you for it. The market was fluctuating some years ago, the fact is, the market as a whole has dropped, what goes up, must come down, and it has, but, despite that, the market is strong, it is somewhat of a buyers market right now, so making the adjustments accordingly is a must to keep a steady stream of revenue, I have never relied on the sale of domain names to make money, it has always been developed websites for me.

Recons.Com · Sep 4, 2018

So, again, what is the $1MM club?

Total asset worth? Liquid assets? Domain sales?

Tia Wood · Sep 5, 2018

I didn't start in the early 90s which I should have :P I was there playing around with development at the time and didn't have forward thinking about the domains. I was too focused on being a nerd.

CJ6 · Sep 5, 2018

I can easily tell you why I'm not in the million dollar club. My domain's aren't worth that amount... not even close. Yes, I'm a dreamer, but I am also a realist. I have made some sales this year. I made some sales last year and the year before that. But, I wil never be close to a million dollars... and I'm fine with that. I am enjoying the ride.

poll Why are you not in the $1M club?

Why are you not in the $1M club? Sort by votes

I already am

Low risk appetite

Poor investment strategy

I have decent cash flow

Don't understand domaining

I am happy in thousands

Still new to the game

Others

Top Member

Top Member

it's a mysteryTop Member

Top Member

EntrepreneurTop Member

Top Member

it's a mysteryTop Member

Top Member

Top Member

Established Member

Top Member

Top Member

Top Member

JokerTop Member

In God I TrustTop Member

OswinEstablished Member

Top Member

Top Member

Top Member

Top Member

Top Member

In God I TrustTop Member

Top Member

Web Designer | theWPGirl.comTop Member

My favorite movies are too offensive now. Whimps.Top Member

Similar threads

We're social

Pinned

Appreciation

Agreement

Why are you not in the $1M club?
Sort by votes