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I have been a domainer for years now and yet, there are certain aspects that I believe, I do not do justice to. For example, when identifying the right domain names to purchase, I still believe that I am not quite there. And that bring me to the question:
"Is domaining an intuition business? Is there no science to it?"
Like if you develop a feel for the right names, you would be successful, but if you don't you won't be! Because even now, when I look at some of the sales from some of the top domainers like Abdul and many others, I still can't figure why did a certain name sell for that price. Or even sometimes, wonder why did the domainer pay $200 or $400 for that name.
Is there any way to automate this thinking? Like a checklist of things to identify, see if the criteria fits and then purchase it. Because the way I see it and where I am positioned right now, given the amount of time I have invested, I do not see the returns that one would expect.
For those who have made it big or satisfactory, criteria being:
1) The returns given your time investment is justified.
2) The returns are somewhat significant (say at least $30k in profits a year)
What do you think of this?
Others who are still struggling, your thoughts are welcome too, as to what do you think is the bottleneck or limiting your potential to get THERE?
"Is domaining an intuition business? Is there no science to it?"
Like if you develop a feel for the right names, you would be successful, but if you don't you won't be! Because even now, when I look at some of the sales from some of the top domainers like Abdul and many others, I still can't figure why did a certain name sell for that price. Or even sometimes, wonder why did the domainer pay $200 or $400 for that name.
Is there any way to automate this thinking? Like a checklist of things to identify, see if the criteria fits and then purchase it. Because the way I see it and where I am positioned right now, given the amount of time I have invested, I do not see the returns that one would expect.
For those who have made it big or satisfactory, criteria being:
1) The returns given your time investment is justified.
2) The returns are somewhat significant (say at least $30k in profits a year)
What do you think of this?
Others who are still struggling, your thoughts are welcome too, as to what do you think is the bottleneck or limiting your potential to get THERE?
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