I Give Up! I am DONE!!!

[BlackCatsAreNice]

Domaining has not turned out to but what I thought it would. One or two sales a year is not gonna enough to feed the cats. The meow meow. Loves em.

I have registered over a hundred domains. Good ones in my opinion. But the world is full of Cheapskates and only one Bill Gates and one Jeff Bezos.

So I bid adieu to domaining and will only be developing my sites in 2020.

Instead of selling to startups, I will be the startup.

Believe me?

 

[iKhalyfah]

@BlackCatsAreNice It would be interesting to know which types of Domain u deal with, brandable? Geos? Emd's?
Maybe what u need is a break, re evaluate, find what u really want to focus on, then come back and give it a try one more time.
Good luck thou!

 

[BrandEntrance.com]

I'm still learning. Bought loads of crap in the beginning that I thought was great. Letting that go now and actually getting rid of some before they expire to 'declutter' and not be reminded

Not going to replace my regular high income any time soon. I picked up about 100 or so .coms that are great mispells, like sivler.com, or have great type in traffic.

I'm already looking at other ways to make money out of funneling while enjoying my 4th child's life, new Project Manager role, already 2 weeks ahead of schedule with my new client, and trying to make a big deal on the side for 2 of my Swedish domain names.

To me, domaining is like buying beer and not getting fat. There is a danger of getting a hangover now and again having said that. Just don't spend what you can't afford to lose.

 

[frank-germany]

Instead of selling to startups, I will be the startup.

Believe me?

no

 

[TauseefKhan]

narrowing your focus can help you. it's better to focus on 3-5 industries instead of having domains across many industries. Well, if you decide to come back - this point may be helpful.

 

[Ante4L]

Patience is key. People get discouraged because they hear about $xxK - $xxxK sales and wonder why they aren't getting any. Most of of these people who get discouraged have smaller portfolios and are looking to get rich QUICK.

Fact is, you can. You definitely can get rich overnight. You can buy a name for $100 today, and get an offer of $100K tomorrow. You can also win the lottery tomorrow if you play it today, or win $100K at the casino tonight if you decide to go. You can start the next FB today and get an angel investor next week and become a billionaire. You can invest Bitcoin today and BTC can go on a bull run tomorrow to make you rich. There's a lot of things that CAN happen. Fact is, they probably won't and you shouldn't rely on this wishful thinking. That goes for just about any money making opportunities.

If you stay patient & buy quality domains, you have a chance. A chance is all you need. Be realistic about your expectations and stick to it otherwise, you don't have a chance.

Good Luck

 

[imadoer]

Maybe you should take a dn academy course.

If you dont dont put at least 10k hours in this dont feel like your a failure feel like you havent put enough effort into it and your just whining.

 

[Prince. JOSEPH OWOR]

Having read through every comments and feedback from the NamePros Gurus , I have come to appreciate every single contribution each of you have made and I say thanks. I am learning day by day.
I also appreciate the comments of
@wwwweb
@Joe Nichols
@MapleDots
@Bob Hawkes
@iKhalyfah
@DanSanchez

Thank you for such positive responses

 

[Winfluence]

Domaining sucks for most of us in the beginning... If you give up that's a lost opportunity to learn from your mistakes. No industry (not just domaining) is right for you with a give-up mentality. Gotta stick through the hard times and be determined and humble enough to realize what you are doing wrong and learn from others...

 

[1Darko]

@BlackCatsAreNice Thanks for sharing your story! Obviously you hit the wall. My advice would be to think about a reset and restart. In this thread you have already got very good advice from our strong namepros community.
It seems you are able to self-reflect which can help you get stronger and more successful.
Whatever you decide - it will be the right decision.
I wish you all the best in your future endeavors!

 

[uzver]

I have registered over a hundred domains. Good ones in my opinion.

These are exactly two mistakes that led you to starting this thread. IMO

Don’t hand reg when you have no clue what sells. Don’t rely on your opinion only (validate it!)

 

[domainer111]

The good thing is, you are recognizing it might be time to move on to something else, so you're not a gambler. The gambler in this business cannot recognize it's time to quit. Then they get into real trouble.

And yes, I do take the point that a lot of people after their initial foray into domaining, need to to take stock and come back again, and then it works for them.

Hopefully you will have learned some naming skills for your startup adventure, if you are indeed leaving domaining.

 

[barman]

How much you wanna bet that your domains are not "good ones"?

No shame in calling it quits though

 

[Ja Kai]

no

I second that...

 

[BrandMart]

Develop your domains into sites and sell them later.. that might cover up some of your expenses...

Domaining takes time and patience. I tried it, stopped it, moved on to another business and never been more happy...

 

[Aroon Bhattia]

to be fair, some domains that are bought for a high value are a joke!! doesn't matter on the name no more, just if someone needs it!!

 

[ForexTopNews]

It's a side gig, or hobby. Nothing more.
If you make a great sale it's gravy.

Some people collect aluminum and old sinks as a side gig. We collect domains.

Good Luck.

 

[HSNZ]

bye...

 

[IMEZI]

that would be GREAT!!!! i mean, less one competitor for me LOL

 

[johsun123]

Domaining is NOT like sure-shot powerball win.

Some advisors here suggests only go for jackpot names.

There are many prices much smaller, and more people win them frequently.

 

[Ariff BD]

I think better than many domains to sell regular, you focus & keep an eye on new term & trends to hand register. & invest money there. I registered defi in es cctld when i found it. others i am selling around fifty usd so i made almost break evens. now i dont run to register anything

 

[Sinbad]

It's not an end, it's Beginning of a new Journey.

 

[twiki]

Took me 8 years to truly get my foot in the door and to actually be able to make a good living at it. I gave up once or twice near the beginning but ended up coming back. Domaining is addictive and don't be surprised if you find yourself dabbling every once in a while.

@BlackCatsAreNice lean back, take a deep breath, think about what you could have done better and renew your top ten best domains. Chances are with time and experience you will eventually realize a sizeable sale.

If not, enjoy your kitty cats, mine is a Russian Blue and is one of the gentlest creatures to ever walk the planet.

Had 2 Russian Blues, one was my first cat when I was a child. Amazing cats, great personality.

 

[Recons.Com]

I am in my 3rd year now and have often wondered how many people have unofficially dropped domaining since that time. This is hard no doubt about that. My favorite line is I wish I got into this in 2000 whatever instead of 2017. People later to the game like us have to be scrappers.

i like the idea of keeping your best names and taking a break to reassess. We have seen others do that. Sometimes they come back sometimes not. Its not for everyone and takes the patience of a saint and a whole lot of talent and money.

Probably a lot have dropped. Sometimes someone answers to an old thread here on NP bringing to the light again and you read through it and don't recognize any of the names of participants. They all had ideas, portfolios etc. and are gone since.

 

[corpdot]

I am also a newbie in domaining for less than a year with 100 domains but only with 1 sold so far.

I am not talking a domain names of hosting.com, domain.com etc tho of course they are good domain names. However, in my opinion, determining a domain is good or not good very subjective as a domain name would have different meaning to different people. It is just about the right time to the right people for your domains!

Good luck!

 

[Domain8849]

Thanks, NY Jimbo. I have quite a few topics and want to discuss with you guys. But I don't want to let the this thread go too far from original topic of BlackCatsAreNice, so, I'll open a new thread and we can discuss any topics related. For @BlackCatsAreNice, what I suggest is "take it easy." If you don't want to it full time as a professional, you might not be in the point to decide "give up" or "continue". Good Luck, anyway.