Depressed...

[Bonsu]

So I've been into domain since April 2016 immediately I graduated from college. I've always wanted to be an entrepreneur so I chose not to look for a job but rather create jobs. So far it's been really tough for me as my Agrobusiness is still at its early stage.

Domaining on the other hand I find interesting and I know I can make money through it but so far it's been poor. My fiancee is yearning for us to get married as we've been together for 5 years (since 3rd year in college) and I really do want to settle down but I'm broke as hell. We have a deadline and if I can't raise funds we'd have to break up
I could really use some help here. I need a big help here........

 

[offthehandle]

She's not upset we just feel we should settle down. I don't wanna raise kids outside marriage

@DomainVP I have a weakness: I don't like working for people. I'm very passionate when I'm working especially if it is something I love doing (food processing) but at the same time I like just taking time off. I can't do that if I'm working for an organisation in Nigeria you'd get sacked except if you tell a lie

So lets summarize. Your gf is unhappy because you are broke and you arent successful yet at 27 and you want to have kids before you can afford them and like to take time off and not work very much and especially not for anyone else? You can’t get a job because you are afraid of lying about something like being sick and taking the day off?

This isn’t where I thought this would lead. These are not the words of an entrepreneur. I am sorry to be blunt. You dont need SharkTank money, you need motivation and ideas. Truthfully, You need to get a job and dump your GF before she gets pregnant on “accident”. Then you will be stuck with 3 mouths to feed. I mean this in a nice way and no disrespect.

 

[briguy]

After 2 hours or less one of the companies director replied my mail asking for the price. So I went back to check spyfu and realised the company spend $2.1m monthly for Google ads. This knowledge made me ask for something above my preferred price zone of low to mid $xxxx. To hiked the price to mid $xx,xxx and it's been over 24 hours with no reply.

source https://www.namepros.com/threads/urgent-outbound-advice.1031282/

The one I got how much for I blew the deal cause I requested way too much at least that's how the CFO reacted.

"So I went back to check spyfu and realised the company spend $2.1m monthly for Google ads."

Well, looks like you got greedy.. pretty sure while you were researching what to ask from the company, they were researching the domain (and probably you).
Paying for google ads is most likely a "necessary evi"l for doing business online...a fixed budget etc..

Now is it possible for you to send another email to this person, and offer the domain at a more reasonable price?

 

[Haris]

I just need to be making minimum of mid $xxx to $xxxx monthly and I'd be very happy

It's easy peasy mate. All you have to do is sell one domain per month to an end-user.

Buy better domains. Buy one awesome domain and spend all week trying to sell it and you'll be rich in no time.

 

[shorterwinters]

I'd pick family and fiancee to money.... but we can't factor out the importance of money in both cases.

Money important? hahahaha.

I currently have developed 6 different foods products that needs financing to get to the market and I feel domaining can help me attain my goals

Perhaps try and concentrate more on your food products for a bit? A domain name to promote those and some focus that way for a while?
Are they good? You believe in them? Get a name going and promote them.
That will put energy into something different with great potential but still similar with many more opportunities to learn. You will have more knowledge and renewed energy when you try and focus on selling names again.
Everything you are saying here sounds like you are learning, like we all are but, you are also figuring it out, like some are. Give it time. It's all good.
It takes time to find the right people.

 

[bmugford]

Being a domainer, or entrepreneur in general, is not easy. It is something a lot of people want to do, but the reality is that it is not for everyone. There is a reason the vast majority of people work normal jobs.

There are many ways to make money online other than buying and selling domains. Maybe you should explore some other options.

It also sounds like you have other things going on with farming/food. Maybe it would be better to focus on those for now.

Brad

 

[Bonsu]

Your gf is unhappy because you are broke and you arent successful yet at 27 and you want to have kids before you can afford them and like to take time off and not work very much and especially not for anyone else? You can’t get a job because you are afraid of lying about something like being sick and taking the day off?

Let me clarify:
1. She's not unhappy, I am
2. Yes I am broke
3.We don't plan having kids for 2 years after marriage. We are both virgins right now.
4. Taking time off meanin when I don't feel like going to work but still be productive from home. But it's rare in this part of the world for you to work from home. Employers want to be seeing you before they believe you doing their job which is not my idea of work

 

[JB Lions]

#3. The great Marvin Gaye suggested a way to cure depression.

 

[Bonsu]

source https://www.namepros.com/threads/urgent-outbound-advice.1031282/
"So I went back to check spyfu and realised the company spend $2.1m monthly for Google ads."

Well, looks like you got greedy.. pretty sure while you were researching what to ask from the company, they were researching the domain (and probably you).
Paying for google ads is most likely a "necessary evi"l for doing business online...a fixed budget etc..

Now is it possible for you to send another email to this person, and offer the domain at a more reasonable price?

You got it right. I tried contacting him but he didn't reply and when he did he said he's not interested at any price. I actually don't know how to send another mail that'd make him reply positively. Other insurance company did not reply.

 

[Bonsu]

Sex ain't a healer

#3. The great Marvin Gaye suggested a way to cure depression.

 

[xynames]

Anyway may get depressed but instead look at the bright side. Gratitude. Corny as may sound it works.

Focus on what you have versus what you don’t.

As far as “help” - realistically, how could anyone here help you?

 

[JB Lions]

Sex ain't a healer

I was joking with that but Marvin wouldn't lie and it does actually heal. Backed by science. You love each other. I understand tradition, ceremony etc get in the way. You don't know about something unless you try it.

https://www.google.com/search?q=does+sex+heal&ie=utf-8&oe=utf-8

As far as the domains and looking at your past posts/domains. I'm not sure what anybody can do for you/what you're wanting exactly. It is really up to you to put in the work and find out what works for you, what domains you can sell. Not everybody is supposed to be successful at this or anything for that matter. There is no shortage of information/tools out there already. There is no do this A B C = success. The old saying, if it was easy, everyone would be doing it.

 

[Furquan]

I was wondering the same thing!
Is this part or your culture?

It's not a culture but truthfully it's becoming reality everywhere in the world.

I Have seen lot's of people got killed, broke there relationship etc for the money.

 

[Furquan]

Just be patient, make domaining as hobby/part time job. Learn learn learn before you invest, don't invest more then your capacity.

That's all my two cent based on my own experience.

 

[Constantin S]

I don't think domaining is a good solution for you. You're looking for a stable source of income, I'd recommend you to do some research on what your country (or even planet, if you want to later successfully extend) needs and then open a business and start work, you can also apply for local, or VC funding, but make sure you have a well done business plan and is something that people needs..
P.S: I would definetly NOT recommend you to marry before you have a stable and "more than you need" type of source of income.

 

[Bonsu]

I really appreciate you all

 

[wwwweb]

I just need to be making minimum of mid $xxx to $xxxx monthly and I'd be very happy

Economies of scale, $xxxx monthly in Nigeria is a kings ransom.

As is $xxx, domaining is highly speculative, to be honest, I would not expect it to bail you out.

Showcase your product, and access micro loans available to you.

There is no easy answer, or feat to make $xxxx per month, out of thin air. You are swinging for the fences, which is great, but the fact you need money to sustain your fiancée I feel as if you don't stand a chance, as you don't know the true meaning of a marriage.

 

[Kate]

I also think that domaining is not the solution.
Too many people come to this industry thinking it is an easy solution to make money online easily, in your own time and with limited effort... but this is an illusion and that's why the majority are losing money.
Keep in mind that I am talking about domainers who live in the West, and most of them have a clear advantage over you. They may be 'broke' too, but in relative terms their standard of living and disposable income are still higher than yours in Nigeria. So they can afford to invest more, but they still don't succeed.

Even if you manage to be profitable, it is not a reliable, steady source of income. You cannot depend on it.
There are plenty of ways to make money online, but domaining is among the more difficult ways.
So I'm sorry to say, making a living on domaining is a dream. The sooner you wake up, the better. It is possible though, but very few people are succeeding. It is important to keep expectations realistic. If you really want to be like Mike Mann, then you'll have to work hard, be dedicated like hell, and you won't even have time for your girlfriend, for your farm or for yourself. Say goodbye to your social life for the next few years. That's it.

Getting married now could very well compound your financial issues, unless you can save on expenses ie pay one rent instead of two.

My advice: don't fixate on domaining. Explore other ideas.
Please, people. Stop thinking domains are the solution.

Right now, you have something, you have a farm, you have a source of income and food, that may not be sufficient but it is tangible. I would focus on growing what you have right now. Perhaps your business can grow online in some way. I don't know if it's realistic but use your imagination.