How to Avoid Becoming A New Domain Investor Casualty

[News]

I think everyone’s heard that 8 out of 10 entrepreneurs fail within the first 18 months. I know, I know, some say “my domaining’s not a business, it’s just a hobby.” I say bull. It may be a part-time endeavor but if you’re not approaching it like a business your chance of failure is likely even higher than 80%..

We need to work harder and smarter than the other 80% of domainers. That means finding and developing an edge. We need to apply some unique talent, knowledge or approach to domaining. If we just do the same things that the other 80% are doing we’re likely to fail.

Don’t follow the faceless herd or they’ll lead you right over the cliff...

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[DomainVP]

“my domaining’s not a business, it’s just a hobby.” I say bull.

I agree with tis 100%.

Every time I see someone say that it's "just a hobby" it strikes me as absurd.