Do you work 16 hours a day domaining ?

[networkmsia]

How many of you actually work hard (10 - 20) hours a day domaining to ensure success ?

 

[sashas]

Its working out great for me, really.

I'm in the US right now, as a student. So my expenses are low as such, though domaining allows me to lead a pretty good lifestyle for a student (no crappy ramen meals :hehe

I will move back to India once I graduate. And as someone else mentioned, you need just about $1k per month to live very well in India. So I'll need to make just about 15k per year to live well in India - thats less than what a decent LLL.com will get me.

So yeah, domaining has been great. Little work for a very good lifestyle.

 

[Seabass]

I think that a lot of the answer depends on what people consider work. I have heard some people describe their 14-16 hours work days (not on here), in ways that half of it doesn't sound like work to me at all. I work out of my house, like many people on here, and I don't consider the time it takes me to get a carryout lunch, bring it back to my house, and eat it (probably in front of the tv), to be work. It is considered the norm, that if you work 9:00-5:00, you work an 8 hour day, even if your lunch takes an hour out of that. Are the 16 hour workers in here included the times it takes to get/prepare meals and eat them? I also know some people who say that they wake up at 5:30, get showered and dressed and ready for work. Then they go to the gym for one hour, and then drive to work and get to the office at 8:00. For them, they started working at 5:30. The 30 minute drive home is included in work also. I read an article in Fortune magazine a long time ago, that I cannot find, but remember reading the CEO of a basketball team, who said he worked 19 hours a day. He included things like working out and going to basketball games as work (I guess it kind of it for him). But 19 hours of work in a day, leaves 5 hours of sleep with no time to fall asleep or wakeup or eat or shower. I take a lot of breaks, sometime maybe to wait for an auction to end. I don't consider that work, and I don't consider time in the bathroom at my house to be work, even though if you are at an office, I guess you probably do. One big difference is that when I am waiting around or taking a break, I can watch tv or do something else, people at an office can take breaks and certainly can sit around and do nothing, but they are still at the office and are still "working". Some people consider answering emails, even non-work related emails to be work, some people don't add those numbers in at all. A lot of it is in your definition of work.



This sums it up nicely. :zzz:


I am a full-timer, but it would be really hard for me to put an exact hour amount on per day. I will say it is not 16 hours, but is a fair amount :hehe:

Yeah, but I really do work hard. I'm on the computer less than 5-10 minutes out of bed and non-stop all day long.

I have no kids. I have a foreign wife that makes all my meals and brings me coffee in the office (b/c she is so sweet). If I am in the bathroom I am reading Domainer Magazine, Internet Retailer, or something similar. And, I get NO exercise, sadly, other than when I do situps or pushups in the office, or lift weights while listening to a business podcast and waiting on my timer to go off for an upcoming auction. Or, I may have an online video going studying a subject related to a upcoming bid, or watch domain chat room talk.

I have no cable or satellite tv, as I got rid of it in 2000 when I felt it was worthless programming and info. I'm 100% Internet. So I watch no regular tv and I don't like sports.

The only time I check out is on vacations, which I may be gone for a month or more, but I still check in on my biz interests all the time.

It's an obsession and borderline sickness. But, I do try to get eight hours a night or I get too worn out, whoop-ass tired after several days.

Are there moments I am not working? Sure, but in any job that happens. If you are in an office building and there is a car wreck outside, everyone looks. If you stub your toe you stop and grimace and dance around until it does not hurt. If I get a fever then I may stop and go lay down. But, generally I work my ass off and I love it.

I know there are others out there doing just about exactly what I do, or something very similar. What they know is what I know, "If you put your blinders on, stay focused, and dedicated, you will amass a small/big fortune".

 

[sashas]

eeks man....you need a vacation

but I'll agree with you on one count: tv is full of worthless info. I got rid of mine 6 months back too...haven't missed it yet

 

[-REECE-]

I wish I was half as focussed and dedicated as you

Really hope 2008 is your year :great:

Yeah, but I really do work hard. I'm on the computer less than 5-10 minutes out of bed and non-stop all day long.

I have no kids. I have a foreign wife that makes all my meals and brings me coffee in the office (b/c she is so sweet). If I am in the bathroom I am reading Domainer Magazine, Internet Retailer, or something similar. And, I get NO exercise, sadly, other than when I do situps or pushups in the office, or lift weights while listening to a business podcast and waiting on my timer to go off for an upcoming auction. Or, I may have an online video going studying a subject related to a upcoming bid, or watch domain chat room talk.

I have no cable or satellite tv, as I got rid of it in 2000 when I felt it was worthless programming and info. I'm 100% Internet. So I watch no regular tv and I don't like sports.

The only time I check out is on vacations, which I may be gone for a month or more, but I still check in on my biz interests all the time.

It's an obsession and borderline sickness. But, I do try to get eight hours a night or I get too worn out, whoop-ass tired after several days.

Are there moments I am not working? Sure, but in any job that happens. If you are in an office building and there is a car wreck outside, everyone looks. If you stub your toe you stop and grimace and dance around until it does not hurt. If I get a fever then I may stop and go lay down. But, generally I work my ass off and I love it.

I know there are others out there doing just about exactly what I do, or something very similar. What they know is what I know, "If you put your blinders on, stay focused, and dedicated, you will amass a small/big fortune".

 

[filter]

I usually try to snip quotes when replying in a thread but can't find a single sentence that isn't worth reading several times over!

Seabass you the man, man! The consummate domainer!

Definitely something to be said for that 8 hours downtime though - as long as you stop to sleep on a regular basis, you're fine. (And sleeping at least 6 hours lets you get more REM sleep - during which the maximal rate of protein synthesis in the brain occurs - many challenging problems have been solved while dreaming - seems like an essential ingredient for good domaining.)

Wishing you great success beyond that you've already achieved - true passion for an art surely deserves no less!

Yeah, but I really do work hard. I'm on the computer less than 5-10 minutes out of bed and non-stop all day long.

I have no kids. I have a foreign wife that makes all my meals and brings me coffee in the office (b/c she is so sweet). If I am in the bathroom I am reading Domainer Magazine, Internet Retailer, or something similar. And, I get NO exercise, sadly, other than when I do situps or pushups in the office, or lift weights while listening to a business podcast and waiting on my timer to go off for an upcoming auction. Or, I may have an online video going studying a subject related to a upcoming bid, or watch domain chat room talk.

I have no cable or satellite tv, as I got rid of it in 2000 when I felt it was worthless programming and info. I'm 100% Internet. So I watch no regular tv and I don't like sports.

The only time I check out is on vacations, which I may be gone for a month or more, but I still check in on my biz interests all the time.

It's an obsession and borderline sickness. But, I do try to get eight hours a night or I get too worn out, whoop-ass tired after several days.

Are there moments I am not working? Sure, but in any job that happens. If you are in an office building and there is a car wreck outside, everyone looks. If you stub your toe you stop and grimace and dance around until it does not hurt. If I get a fever then I may stop and go lay down. But, generally I work my ass off and I love it.

I know there are others out there doing just about exactly what I do, or something very similar. What they know is what I know, "If you put your blinders on, stay focused, and dedicated, you will amass a small/big fortune".

 

[Dangerman]

I stand by my original statement. I have gotten to the point of making 10-12k a year online doing it as a hobby. If you are putting in a 16 hour true work day you should be making more then 100k profit. The Internet is the great equalizer. While 20k may make you rich there is no reason that a person who spends that much time working online should not be able to make more money. In the USA $25 an hour is a low wage. In other countries that can be consider extremely high but I personally think that the pay should be compared to the market place. The location that you log onto the Internet from does not limit you to a certain $$$ per hour payout. My point was more to the fact that is you are only making that much domaining you should explore other ways to make money online.

Also I live in the US so my comments are mainly directed to that audience. If what I said does not apply to your situation then ignore what I said. From my experience with making money online if you are actually "working" 16 hours a day and making 20k a year then you are doing something wrong. Not trying to downplay how much money is being made. I am more trying to emphasize just how many man hours that is.

Even though you modified your comment from "seriously think of switching what you do with your time" to a better "should explore other ways to make money online" I think you're comment is still waaaaayy off target for more than one reason...the person who is working long hours at domaining may enjoy what he does and might not have the desire to spend long hours working at any other type of online business...he may have been making steady progress in income for awhile and is pretty sure the more time he puts in will mean more income in the future, so in other words maybe when he was making a lot lot less, he decided to stick with it because he found his recipe or method for success and is fairly certain if he put in enough time using that method, his income will grow, which to him was better than trying something new...lots of his income may be from parking or typins so there's a good chance that once he reaches a certain income level, he could maintain it for quite a while with very little work...he may not feel he has the talent or smarts to learn another way to earn money in other online ventures so for him, the ability to make $80,000 a year, even if it means working 16 hours a day is the best decision for him....those are just the reasons off the top of my head...I'm sure there are more,...for me I guess it's a combination of more than one of the above...I think instead of stating "should explore other ways to make money online", if you stated something like..."there are ways to earn as much or more money online without spending 16 hours a day working" ,,, then that would be accurate...but still, some would prefer domains ....it's mainly the word "should" that doesn't work.

 

[sashas]

the way I see it, if you enjoy what you do, then the hours don't matter

I have friends who play music for a living. When they're touring, they spend literally 20 hours traveling/playing. But they still don't complain because they love what they're doing.

 

[TheBulldog]

Hard to say really. I have an IT consulting job that I work from home on the internet, and on conference calls all day. I always am doing domain work as well sine conference calls can only involve my time so much, and others the rest.

I would say 6 solid hours a day.

 

[Sleepys]

Yeah, but I really do work hard. I'm on the computer less than 5-10 minutes out of bed and non-stop all day long.

That is quite a dedication. I hope that you don't think I was implying that you or anyone else on here does not work 16 hour days. It is just as I said, differences in some people's definition of work. I have had a subscription to Fortune Magazine since I was 11 years old, and will never consider stock market research to be real work for me. To me it is like playing a game, just like some people will never consider playing a game of baseball or basketball work.

I put in as much work as I feel is necessary, plus whatever extra I am in the mood for. Sometimes it is a lot, sometimes I seem to not have so much to do and take a breather. I do admire your drive though.

 

[-REECE-]

Same here. I don't consider reading/writing on Namepros or my blog work, but the knowledge I've accumulated in the process of doing so has certainly made me a profit and hence could be considered work - work that I'm more than happy to do :D

That is quite a dedication. I hope that you don't think I was implying that you or anyone else on here does not work 16 hour days. It is just as I said, differences in some people's definition of work. I have had a subscription to Fortune Magazine since I was 11 years old, and will never consider stock market research to be real work for me. To me it is like playing a game, just like some people will never consider playing a game of baseball or basketball work.

I put in as much work as I feel is necessary, plus whatever extra I am in the mood for. Sometimes it is a lot, sometimes I seem to not have so much to do and take a breather. I do admire your drive though.

 

[diddie]

It's seems like a real life game for you

That is quite a dedication. I hope that you don't think I was implying that you or anyone else on here does not work 16 hour days. It is just as I said, differences in some people's definition of work. I have had a subscription to Fortune Magazine since I was 11 years old, and will never consider stock market research to be real work for me. To me it is like playing a game, just like some people will never consider playing a game of baseball or basketball work.

I put in as much work as I feel is necessary, plus whatever extra I am in the mood for. Sometimes it is a lot, sometimes I seem to not have so much to do and take a breather. I do admire your drive though.

 

[italiandragon]

a special Christmas request to NP staff:


can we make this thread sticky? (it`s too nice )

Thanks

 

[Zilla]

I not working on domaining, I work on namepros.com every day for over 10 hours, to read the thread here while I do my normal work... I feel this is a very interesting forum, while lots of people spend so many time on names, have u guys really think it? everyday over 10hours, I should earn a monthly salary from here around 5k USD if compare with a 10hours job...

ok, understood, domaining and namepros.com only my hobby instead my job, so, I spend some $ instead earn $ while be here...

 

[Michael]

In the USA $25 an hour is a low wage.

Actually, the median hourly wage for the USA across all occupations last year was $14.61 according to the US Department of Labor. You state $25/hour is a low wage, when it is actually 71% higher than the typical American makes.

 

[FPForum]

I would like to..and maybe one day..but with my regular daytime job it's pretty hard. Even with my 9hr daytime job I still put in a good 3-4hrs of domaining a day (sometimes even when im on the clock..like now!) lol..

 

[Seabass]

That is quite a dedication. I hope that you don't think I was implying that you or anyone else on here does not work 16 hour days. It is just as I said, differences in some people's definition of work. I have had a subscription to Fortune Magazine since I was 11 years old, and will never consider stock market research to be real work for me. To me it is like playing a game, just like some people will never consider playing a game of baseball or basketball work.

I put in as much work as I feel is necessary, plus whatever extra I am in the mood for. Sometimes it is a lot, sometimes I seem to not have so much to do and take a breather. I do admire your drive though.

Oh... I did not take that the wrong way. I know what you mean by definitions of "work" being different. I used to run a construction site and know there are guys that define what work "is" and others that will never know.

I don't plan on working like this forever as I realize I am missing out on a lot, but I found domains first and realized it could be my path to f'n off one day, if I choose that option. I really set out to bust my ass after I resolved to make something big happen.

Here's what I decided as my road plan:

I set a financial goal of "monthly income" (regardless of money in the bank) to attain by a certain age. All monies to be gleaned from pure generics, preferably ones with absolutely no past development, so as the traffic would be pure and would always be there. "Always" is the key. This will give me a solid foundation of generic type-ins that will hopefully never die.

I then calculated the number of months left before the age I set to stop domaining. I then set a goal to attain for each month to increase the income to stay on track to reach my goal. I now pile all domains from each month of the year into separate portolios named for each month of the year so I can see if I am slipping up or getting better at my game. The numbers don't lie so I know what months I did great or poorly in. It works great and gives me a barometer of success.

I keep these figures separate from development income and other investments, so if domains ever fall out of favor or become marginalized, at least I am still diversified.

I use the income from parking for new domain acquisitions, development, and other investments. It's a model that has worked great for me without having to sell my domains. I am still staying away from too much development b/c of the time consumed with it and am still waiting for some things to get easier/cheaper.

Right now is the time to scale horizontally as fast as you can before domains get any more expensive, you can build out the domains vertically later after you have more "property". Working really hard now is key.

So, my logic is work as damn hard as you can now b/c you won't be able to get these domains later. You can build out anytime you are ready in the future and the rest of your other domains' income will help support your development endeavors on the domain(s) you chose for development. It's beautiful when you think about it, and anyone can do it.

Work really, really hard now and reap later. Most folks will not get another great, easy shot at good money like domaining provides.

 

[ssamriga]

well I am only domaining part time, around 1-3 hours a day (including reading forums etc.). I do it during work in the office. On weekdays I sometimes spend several hours at home domaining, but mostly I do other stuff, so it is about 15 hours per week of domaining for me.

 

[Sleepys]

I then set a goal to attain for each month to increase the income to stay on track to reach my goal. I now pile all domains from each month of the year into separate portolios named for each month of the year so I can see if I am slipping up or getting better at my game. The numbers don't lie so I know what months I did great or poorly in. It works great and gives me a barometer of success.

I recently started doing this and it does help. I recommend it to anyone developing a large portfolio.

I use the income from parking for new domain acquisitions, development, and other investments. It's a model that has worked great for me without having to sell my domains. I am still staying away from too much development b/c of the time consumed with it and am still waiting for some things to get easier/cheaper.

You sound a lot like me. In fact, your whole post sounds like something I could have written. I guess great minds think alike. :hehe:

 

[ashokuh]

i spend 5 hrs daily , on weekends i am online 12 hrs.

 

[evilopinions]

atleast 14 hours a day...dats just because I am making money now...I plan to quit my full time job if and if at all a few things go through as planned..