question How you stay focused at domaining?

Bipul · Nov 12, 2020

No sales, no inquiry for 3 months, How you stay focused at Domaining ?
please share your thoughts and suggestions, I love to hear your comments.

Thanks!
Bipul

Theydon · Nov 14, 2020

Domaining is a mental game. Buy good names and wait until the right offer comes along. Unfortunately when the sales dry up its tempting to accept the first final offer that comes along, this is where it gets tough mentally. If you can afford not to sell and believe in the name and you know its worth more and there is a market then you need to win the mental game and play a longer game.

Bipul · Nov 14, 2020

Theydon said:
Domaining is a mental game. Buy good names and wait until the right offer comes along. Unfortunately when the sales dry up its tempting to accept the first final offer that comes along, this is where it gets tough mentally. If you can afford not to sell and believe in the name and you know its worth more and there is a market then you need to win the mental game and play a longer game.

Thank you for comments, That's definitely true. I will wait for the time..

koolishman · Nov 15, 2020

Others have given good advice.

Domaining is not my primary or even secondary gig. So I accept the fact that I have to wait long and watch paint dry.

If I had 36 hours in a day, then I would change my whole strategy, by buying quality names, frequenting auctions, other platforms, focusing more on selling etc.

manpreet · Nov 15, 2020

Bipul said:
No sales, no inquiry for 3 months, How you stay focused at Domaining ?
please share your thoughts and suggestions, I love to hear your comments.

Thanks!
Bipul

If you are 100% Sure that your Domains have the Quality, then just hold on to them and wait for the best. Waiting for the right buyer is always better than desperate selling.

Bipul · Nov 15, 2020

koolishman said:
Others have given good advice.

Domaining is not my primary or even secondary gig. So I accept the fact that I have to wait long and watch paint dry.

If I had 36 hours in a day, then I would change my whole strategy, by buying quality names, frequenting auctions, other platforms, focusing more on selling etc.

Thank you for the reply

Bipul · Nov 15, 2020

manpreet said:
If you are 100% Sure that your Domains have the Quality, then just hold on to them and wait for the best. Waiting for the right buyer is always better than desperate selling.

Yeh, waiting for the best time..best deal ..Thank you!

vital · Nov 15, 2020

The starting point in the domain game is the worst place to be, to be honest. Wouldn't want to go back in time and start it all over again. Eventually, I wouldn't touch domains if I knew...

It takes much time, money and determination to get somewhere. And I know what I am talking about. Also super easy to f* up, specially for net newcomers.

Starting with just handful of domains, I wasn't able do it full-time, yet I haven't had the money to buy assets I could flip. So I started acquiring domains at a pace (3-5 a week, while getting also rid of some for low prices). 50 domains, 100 domains, it still wasn't enough. The break point happened for me at 350-400 domains, 5 years from when I started. Just from there I was able to make living off domains alone. So I had 3-5 inbound inquiries hitting my inbox basically every single week.

Apparently, the numbers here are completely meaningless. Also, I am talking ccTLD. So it might be 1000 of slightly worst average quality domains or maybe 100 of higher quality domains... All I wanted to say is, that you either need to spend money and/or time to get there. If you break mentally or financially on your way there, it's not gonna happen. If you feel you're slipping - not enough sales, finances drying up... you better work your ass off to keep on track. Outbound, development, alternative monetization, whatever is possible.

So focus, determination and financial management is everything in this game. If you lost your focus, take a break, check if your domains are all renewed for at least one month and do not touch em for at least two weeks. Don't even think about it.

You'll see.

Bipul · Nov 15, 2020

And finally a happy offer after waiting more then 3 month,

vital said:
The starting point in the domain game is the worst place to be, to be honest. Wouldn't want to go back in time and start it all over again. Eventually, I wouldn't touch domains if I knew...
It takes much time, money and determination to get somewhere. And I know what I am talking about. Also super easy to f* up, specially for net newcomers.

Starting with just handful of domains, I wasn't able do it full-time, yet I haven't had the money to buy assets I could flip. So I started acquiring domains at a pace (3-5 a week, while getting also rid of some for low prices). 50 domains, 100 domains, it still wasn't enough. The break point happened for me at 350-400 domains, 5 years from when I started. Just from there I was able to make living off domains alone. So I had 3-5 inbound inquiries hitting my inbox basically every single week.

Apparently, the numbers here are completely meaningless. Also, I am talking ccTLD. So it might be 1000 of slightly worst average quality domains or maybe 100 of higher quality domains... All I wanted to say is, that you either need to spend money and/or time to get there. If you break mentally or financially on your way there, it's not gonna happen. If you feel you're slipping - not enough sales, finances drying up... you better work your ass off to keep on track. Outbound, development, alternative monetization, whatever is possible.

So focus, determination and financial management is everything in this game. If you lost your focus, take a break, check if your domains are all renewed for at least one month and do not touch em for at least two weeks. Don't even think about it.

You'll see.

Thank you for your thoughts and for sharing your experience , I feel more comfortable and willing to keep going. Thank you!

ThatNameGuy · Nov 18, 2020

Bipul said:
No sales, no inquiry for 3 months, How you stay focused at Domaining ?
please share your thoughts and suggestions, I love to hear your comments.

Thanks!
Bipul

I would suggest you go to Alvin Brown's KickStartCommerce.com and listen to the podcast from October 19, 2020 titled;
Domain Outbound Strategies and Best Practices to Sell Domains with Jason Eisler and Yogi Solanki

Good Luck

Bipul · Nov 18, 2020

ThatNameGuy said:
I would suggest you go to Alvin Brown's KickStartCommerce.com and listen to the podcast from October 19, 2020 titled;
Domain Outbound Strategies and Best Practices to Sell Domains with Jason Eisler and Yogi Solanki

Good Luck

Thank you.

DomainBanana · Nov 18, 2020

Domain investing is fun for me so I never have to try to stay focused.

There are many approaches to domains. I'd recommend finding what's most interesting and fun for you.

If you've tried this and it's just not fun, then maybe think about spending your time and energy on something you enjoy.

Bipul · Nov 18, 2020

DomainBanana said:
Domain investing is fun for me so I never have to try to stay focused.

There are many approaches to domains. I'd recommend finding what's most interesting and fun for you.

If you've tried this and it's just not fun, then maybe think about spending your time and energy on something you enjoy.

Thank you for your suggestions.

equity78 · Nov 23, 2020

Bipul said:
No sales, no inquiry for 3 months, How you stay focused at Domaining ?
please share your thoughts and suggestions, I love to hear your comments.

Thanks!
Bipul

You have to first answer why did you get into domaining? Are you in for a quick score or the long term?

It can be quite boring and quite lonely.

Do you own names that have commercial value?

Jeffrey · Nov 24, 2020

My last sale was in 2015. Since then, I rarely visit Namepros and DNF. I focused on the social media. Then the social media has become a harsh place, I get banned for opposing an ideology, even if my comments were objective and non-insulting. I could say, I will add more time for domaining this time and less social media.

AEProgram · Nov 24, 2020

I only get offers when I stop thinking about getting offers. New name opportunities are a daily event. Most days I see nothing good that will be affordable (many good ones out of my range).

What are we waiting for? For someone to have a eureka moment and find our domain to be a perfect fit for his world changing idea (you never know). If you cannot reply fast or don't have a way for them to buy the name instantly, you will miss that eureka moment and you might have to wait many more years for someone else to come along.

Meadows · Nov 24, 2020

I would also like to sell a domain well... My domains are not that bad

question How you stay focused at domaining?

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