NameSilo

Do you say... I'm sorry?

Located in General Domain Discussion started by MapleDots, Sep 13, 2019.

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  1. MapleDots

    MapleDots Domain Properties 2002 - 2019 VIP

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    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. MapleDots

    MapleDots Domain Properties 2002 - 2019 VIP

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    Here is my condensed response to the article............

    -------------------------------------------------------------------------------------

    Live and let live, I will caution new domainers but I will never berate them. I might tell them of a better choice but I have a policy never to criticize someone’s portfolio.

    So the only thing I can say is that humility comes from taking your lumps, almost packing it in, taking 5k per year lossed for a number of years before ever making your first big sale. Then of course there is the big culling when you realize you own sh*t and you drop half your portfolio.

    I could go on but why…. it’s a ritual, let every domainer experience it. In the end they will either pack it in or be a much better domainer.
     
    Last edited: Sep 13, 2019
  3. Bob Hawkes

    Bob Hawkes formerly MetBob NameTalent Gold Account VIP Trusted Blogger

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    Thanks for bringing the topic to our attention @MapleDots , and I largely agree with what you wrote in comments there and here. I agree big of Morgan to do the apology. He is an amazing presence within the domain community.

    On the general issue of bluntness, I know many feel differently (as is their right! Live and let live someone wise expressed recently! :xf.wink:). I know that in many settings bluntness is ineffective. Being too blunt just brings up defence mechanisms and the message is unheard or misheard and nothing is achieved, or actually something negative is achieved.

    I also strongly believe at least three things
    1. People should make their own decisions and be responsible for those decisions. Always. Saying something like "those are all garbage, get rid of them, start over" is in essence telling someone what to do. It is taking the responsibility for deciding what to do away from them. I think we (probably me too, maybe even in this post :xf.sick:) come too close to telling people what to do. See next point...
    2. Let's say someone has names that we honestly think are misguided. I believe it is far more helpful to empower them to decide themselves, since they know their situation (financial, emotional, timewise, knowledge, background, etc.) far better than anyone else. We are each experts in our own circumstances. So rather than telling them a course of action with little explanation I think it is more helpful to help guide them with things to look for in a name, how to use NameBio effectively to find sales history, how to decide which are close comparators, etc. And I would add always be open to the fact that we might be wrong, and that our experience is backward looking and that does not guarantee what happens forward looking (as the investment people always remind us).
    3. Be professional and courteous. Always. I know sometimes it is hard, but it is better for you individually, better for the person you are interacting with, better for society, when we all live by that standard. Treat others as you want to be treated yourself.
    Just my humble opinion. I am wrong about many things. I kind of feel I am right about this, but of course it is everyone's right to disagree.

    Have a nice, positive and professional day everyone.

    Bob
     
    Last edited: Sep 13, 2019
  4. NameDeck

    NameDeck Design. Develop. Deploy. VIP

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    Amen to that.
     
  5. Dosebuy

    Dosebuy Page: Dosebuy.com Twitter: @dosebuy Gold Account

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    Yes. It was nice of him to make that second one. Sometime you just capture the feeling of the moment. Probably saw me posting some sh*t about .cx and was caught up in it. I dont blame him. Was kinda fun to be singled out like that. All is good between us and he seems like a good dude.

    /Dose
     
  6. Bob Hawkes

    Bob Hawkes formerly MetBob NameTalent Gold Account VIP Trusted Blogger

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    Congrats on your 18 sales in 3 months! That is impressive.
    Also nice to have a $300 .cx sale already so that essentially you have covered a year of holdings in the extension. I suspect all of the attention has increased possible competition for you though! :xf.cool:
    It was first class how you and Morgan interacted on this, I think. Nice model for our community. (y)
    Best wishes for continued success and thank you for sharing with us.
    Bob
     
  7. mAd MaX

    mAd MaX Established Member

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    Really!

     
  8. DNWon

    DNWon eCommerce Branding Specialist VIP

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    I have to....I'm married...it's in the contract!
     
  9. MapleDots

    MapleDots Domain Properties 2002 - 2019 VIP

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  10. The Durfer

    The Durfer Upgraded Member Blue Account VIP

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  11. equity78

    equity78 Top Member TLDInvestors.com TheDomains Staff PRO Gold Account VIP ★★★★★★★★★★

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    Well I have looked at this from many angles for many years. Back when I started the .tv subforum when Namepros was not what it is today, when there was no such thing as a sub forum that focused on one extension, there would be some people who had differing opinions and then some people who just came to troll.

    Now the community did not tolerate fools and it was dealt with every step of the way.

    On the flipside, I never hyped or told one single person to ever register a .tv name. I don't know your finances, business acumen, linguistics skills, risk tolerance, and last but not least, usually overlooked, your patience level. Many men and women can't or don't want to wait 3, 5, 10 years for a vision to come together.

    I would always say, "why people who have no vested interest in another person's money, try to tell them how to spend it, is funny."

    Now there are different discussion parameters, if you are investing and hyping you are going to get called out, doesn't matter what anyone believes should be a professional decorum. If you are out regging .PW names for example and you are professing how great they are and how smart you are buying names in an extension with 18 recorded sales, there is going to be words of criticism coming in your direction.

    If you just own them because you like them and believe they will sell, that's a different story, no one should be talking smack to you.

    I have always believed it depends if someone is asking for an opinion or hyping, well then there will be some words back.

    Domaining doesn't have a qualifying set of professional standards, if I was a Nascar driver, at a minimum I would know everyone on the racetrack with me in the upcoming event, knows how to drive, they might be better or worse as a driver but at least I know they can drive. In domaining everyone does not know how to drive. You need some currency and you can register a domain and BOOM you are a domainer, at least in your own eyes.

    The other thing about domaining is it's still a very solitary, sometimes lonely business and that also means you don't know what someone else knows. They might have a deeper knowledge or even better a deeper reach in an industry where they have access to people who will listen to their pitch and might buy a name that if I owned, I would have no chance of getting heard.

    The way I thought new gtlds could have any success was to pick an area or industry where you have above average knowledge or contacts, try to educate and actively sell to your network or industry.

    There are some domainers that have great success selling Geo related names and real estate based names because they were in those fields or locations. They had a leg up on other domain investors who did not come from real estate or have a family of realtors.

    Many people in this world have interesting stories but if you have contacts in Hollywood, there is a greater chance of your story getting made into a movie, at the very least you will get a meeting to pitch your screenplay more often than someone with no ties but feels they have a knack for storytelling.

    Domaining sometimes reminds me of Poker, where someone who is deemed a "fish" gets berated at a table when they suck out on someone. The person who believes they are a pro keeps berating the person until they leave. Others at the table get pissed not at the "fish" but at the loudmouth who chased the fish away. They have the belief the fish will eventually call off all their money, they don't want them leaving the table.

    Domain investors should be glad there are people doing things they would never invest in. It means less competition in whatever your strategy happens to be. If you have say 1000 people for hypothetical purposes, investing in alt extensions and you convince them they are fools, that only privately owned .coms and expiring auctions are the one true way, well now you just created 1000 new competitors for yourself. Why would you want that?

    Commentary is important when someone is hyping and possibly misleading or rigging a market, where other new investors could be misled or scammed, then people should stand up and say something, point out the facts and let people decide for themselves before they follow the pied piper of alternative domain names.

    Another component is that many don't want your advice, they want you to validate their choices and if you don't you are just a hater. So a lot of times the juice is not worth the squeeze and people need to find their own way in domaining. Those who want advice and are willing to learn will usually do better.

    https://tldinvestors.com/2019/09/should-you-ever-criticize-the-portfolio-of-another.html
     
  12. BradWilson

    BradWilson Upgraded Member Gold Account

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    There's some amazingly great advice given in this thread and I think everyone should read it and hopefully follow it.
     
  13. frank-germany

    frank-germany domainer since 2001 / musician Gold Account VIP

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    to say sorry doesn't make the names better
    and doesn't help anybody
     
  14. Bob Hawkes

    Bob Hawkes formerly MetBob NameTalent Gold Account VIP Trusted Blogger

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    I am sorry but I disagree with this part of what you said
    I think genuinely saying you are sorry, which Morgan did, is important and not only helps both parties but helps the entire community. Sorry but that is how I see it, but respect that you and others can feel differently.
    Bob
     
  15. BradWilson

    BradWilson Upgraded Member Gold Account

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    To me it's amazing that so many are so quick to provoke and be negative when it's just as easy to be kind and positive.

    It sure is a lot less stress to be positive and kind.

    Having too much stress could kill you so again why be so unkind and negative?

    Oh and btw, I'm also Canadian but living in the US for the last 43 years :)
     
    Last edited: Sep 13, 2019
  16. poweredbyme

    poweredbyme Democrat.win VIP

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    I think the point is not do something wrong now. So you will not need to say sorry later on for that action of you.
    "doesn't help anybody" because saying sorry usually does not compensate the loss of the other person you have caused. Saying sorry does not really help you as well. It will make you feel better only after the wrong action. You will still feed bad compared to the days before that wrong action. So it really doesn't help anybody as everyone will still feel bad but less. Unless you compensate the loss of another person in full, just saying sorry to him is not enough and does not help anyone.
     
  17. poweredbyme

    poweredbyme Democrat.win VIP

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    So I think it's better to say that I am sorry. Can I do something for you?. If the person says that no thanks everything is okay or thanks can you please do this for me and if you do it for him/her, then saying sorry will help everyone.

    I agree saying sorry is important and is necessary. But usually it's not enough.
     
  18. frank-germany

    frank-germany domainer since 2001 / musician Gold Account VIP

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    taking a week position is not benefitting anybody

    the names look good at first glance as they are good keyword domains
    to take those as an example and expose the owner was harsh

    but still, they are no premium names and its good to educate

    to apologize to the owner in privacy, was or would have been appropriate

    but another post about to say "sorry"
    sorry, Morgan, you lost my respect
     
  19. MapleDots

    MapleDots Domain Properties 2002 - 2019 VIP

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    Sorry is a hard word to master, it's much easier to use the words like respect and dignity to justify not using it.

    Humility is a skill, it does not come naturally, but we learn about it very fast when we get sick and depend on others for our basic needs.

    Not directing this at you directly @frank-germany but more as a general discussion.

    For those who don't know....

    There is a subtle difference between saying "I'm sorry" and "I apologize". An apology is a formal admission of a wrongdoing. It may or may not be heartfelt — i.e., a person may apologize without feeling remorseful. On the other hand, saying "I am sorry" is usually seen as being a truer admission of regret.
     
  20. Bob Hawkes

    Bob Hawkes formerly MetBob NameTalent Gold Account VIP Trusted Blogger

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    This is perhaps thread off topic, but I am sure I speak for many in saying it is very good to have @MapleDots back. :xf.smile: A wise, professional, engaged, insightful voice who adds so much to NamePros.
    Bob
     
  21. J Sokol

    J Sokol Top Member VIP

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    Agree -- welcome back @MapleDots.
     
  22. Reddstagg

    Reddstagg Established Member

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    What we must all remember when offering constructive criticism is that it is not always received in the same context as it was given. If we were all the same, the world would be a dull place but that doesn't mean that we should not consider being a decent human bean when talking to someone about something they have poured blood, sweat, tears and a considerable amount of money into.

    I am relatively new to being a domain investor, but I am not new to being life experienced, which I see as a more positive trait than perhaps having thousands of domains. This is a hobby, a side hustle and also a billion dollar business and there is room for everybody, whether the top dogs like the crowded market place or not.

    It is also life, and though it is unfortunate to profit off someone else's misfortune it is what gives us valuable life lessons. Make a mistake, learn from it and move on. Leave the attitude at the door.

    I grew up in the shadow of Sir Richard Branson and whether you like the fellow or not, you could quite clearly argue that he has got more right than wrong. If you are serious about being a domain investor, then I would also suggest that you read his many books about life in general and business specifically.

    I am what society calls a disruptor, and my mindset is to see what others may not see. I have tried and failed at a few things, but the day I find the right strategic partner is the day that I really set the world alight. Watch this space and keep one eye behind you as I am on your tail.

    To finish, I would say one thing. Don't always listen to those that offer wise counsel as the next big thing is always around the corner and you never know when the winds of fortune or success may blow in your direction.

    My honest opinion of the future. There will be three tiers of domain investing. The top tier will be those who are also perceived as disruptors and they probably got in at the beginning, or they had and still have plenty of money and are able to buy wisely and watch the portfolio grow.

    The second tier, will probably be people like myself who genuinely have good ideas and concepts for making money and they are brave enough to take the leap.

    The third tier will be everyone else. Stand back, 'cos this s*it is gonna blow. Once everyone knows what we do they will want a slice of the pie but we will probably always be ahead of the game and we can circle and pick up the crumbs of .gold that they leave behind.

    I also strongly believe that the new wave of domain investors are going to have no choice but to go with the now less than popular domain extensions but the influencers of today have the ability to make people crave something they probably don't need almost over night. Some of these people have over 100 million followers and if they suddenly announced that they were a domain investor we would get trampled in the stamped to register www. newby.poor

    www. thankyouandgoodbye.com
     
  23. lock

    lock PremiumNameDomain.com VIP

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    Going to get into same situation when it comes to commenting on the merit of extension like this.
    Sorry not for me.
     

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