So......
This morning at 6am I was reading through my emails with a coffee, as I usually do and saw an offer had come in from Undeveloped over night for one of my Brandables at the minimum offer of $500.
I thought to myself well I only regged it on the 18th March 2019 so not a bad ROI and without thinking accepted the offer and continued on with my day (which has been great!)
It is only at 10pm (UK time) after the Liverpool game had finished I thought to myself what I have done, no due diligence on my part, no counter offer and no bloody thought process whatsoever had gone into my morning moment of madness.
Went back onto Undeveloped, copied the IP address and started to look into it. The bomb drops and it turns out the potential buyer is a decision maker from a company that turned over $14 billion last year. He had even used his first name on Undeveloped, took 5min of research. The name goes well with the sector they work in and it makes sense why they would be interested.
I thought I would post my experience as a cautionary tale on what not to do.
Make sure you do your due diligence, do not rush into a decision and for fu*cks sake do not do anything until you have finished your first coffee of the day!
If I had all the facts beforehand I am not saying I would of countered with some crazy figure, but I would of had time to put a plan of action together......
Now I am aware an offer means jack and until he pays then it is all floating around in the breeze BUT if he pays (or not) I have learnt a very valuable lesson and I am happy to share this experience so others do not fall into the same trap.....
sigghhh I feel better for getting it of my chest
This morning at 6am I was reading through my emails with a coffee, as I usually do and saw an offer had come in from Undeveloped over night for one of my Brandables at the minimum offer of $500.
I thought to myself well I only regged it on the 18th March 2019 so not a bad ROI and without thinking accepted the offer and continued on with my day (which has been great!)
It is only at 10pm (UK time) after the Liverpool game had finished I thought to myself what I have done, no due diligence on my part, no counter offer and no bloody thought process whatsoever had gone into my morning moment of madness.
Went back onto Undeveloped, copied the IP address and started to look into it. The bomb drops and it turns out the potential buyer is a decision maker from a company that turned over $14 billion last year. He had even used his first name on Undeveloped, took 5min of research. The name goes well with the sector they work in and it makes sense why they would be interested.
I thought I would post my experience as a cautionary tale on what not to do.
Make sure you do your due diligence, do not rush into a decision and for fu*cks sake do not do anything until you have finished your first coffee of the day!
If I had all the facts beforehand I am not saying I would of countered with some crazy figure, but I would of had time to put a plan of action together......
Now I am aware an offer means jack and until he pays then it is all floating around in the breeze BUT if he pays (or not) I have learnt a very valuable lesson and I am happy to share this experience so others do not fall into the same trap.....
sigghhh I feel better for getting it of my chest
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