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Most important quality that differentiate successful domainers among other common domainers?

Labeled as discuss in General Domain Discussion, started by GreatBrand.in, Feb 26, 2021

Replies:
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?

Most important quality that differentiate successful (millionaire) domainers & common domainers?

Poll closed Mar 5, 2021.
  1. Knowledge

    90 votes
    33.5%
  2. Creativity

    18 votes
    6.7%
  3. Patience

    81 votes
    30.1%
  4. Money

    80 votes
    29.7%
Total: 269 vote(s)
  1. Super-Annuation

    Super-Annuation eMoneyToken -Superannuation - Brekky - SuperFunds

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    I'm just saying, the domainer doesn't need consent, and can simply source offers. Present these offers to the owner and presto. Either enough or not. Ultimately, they'll get a feel for the negotiations/valuations, and eventually have a great network and money to buy premium names.

    If I were broke and genuinely wanted to make a career, that's where I would start.
     
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  2. alcy

    alcy Top Contributor VIP

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    big budget bahahhaha
    jk

    well imo...u just gotta like what u do... whether a doc or a.domainer.

    enjoying makes all difference in the world
     
  3. biggie

    biggie GreenFriendly.com VIP ★★★★★★★★★★

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    Hi

    you or anyone else, have no right, to solicit on behalf of any domain owner, without their prior permission.

    can't believe you would follow-up, by making such an irresponsible and potentially liable statement, like that.

    imo...
     
  4. bmugford

    bmugford www.DataCube.com PRO VIP ICA Member ★★★★★★★★★★

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    This mindset is toxic. A property owner can choose who they want to represent their assets.

    Some random person has no right to pitch domains that they do not own or have permission to represent.

    It can create all kinds of potential issues for the domain owner to deal with. The owner is stuck dealing with these as the clown just moves on to the next domain.

    Brad
     
  5. Super-Annuation

    Super-Annuation eMoneyToken -Superannuation - Brekky - SuperFunds

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    Uber or Alcatel or Ericsson. I'd never in a million years guarantee the domain names success. Yet here we are.

    I love what Slader23 points out. Utility.

    Look at all the domains large companies own simply for Utility. Take SEM or brand protection, even interests in future SEM/business needs (Google buying ModernComputing or Trump owning every Trump.gTLD)

    Utility.
     
  6. Super-Annuation

    Super-Annuation eMoneyToken -Superannuation - Brekky - SuperFunds

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    Agree. I never thought of that. It's their right, but how do they stop it where legislation doesn't? But assuming I randomly contacted you with a serious buyer in a six figure range, above what you paid (confirmed with sales data,) would you be upset? I'm just asking and pondering a way for the not so financially fortunate to start without cash, and potentially improve liquidity.
     
    Last edited: Mar 4, 2021
  7. bmugford

    bmugford www.DataCube.com PRO VIP ICA Member ★★★★★★★★★★

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    Yes, because it means you are representing assets without people's permission. I don't really care about the results. I know in order to get that offer, that business model would leave a massive path of damage in its wake.

    This crap has personally got me into legal drama in the past that I had to deal with as the person just moved on to the next domain.

    Brad
     
    Last edited: Mar 4, 2021
  8. Super-Annuation

    Super-Annuation eMoneyToken -Superannuation - Brekky - SuperFunds

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    Sure, I can acknowledge your position here.

    I suppose, permission first.

    Edit: Permission first.
     
    Last edited: Mar 4, 2021
  9. manuelbroker89

    manuelbroker89 New Member

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    Experience or learn from other experiences and Patience.
     
  10. steven55

    steven55 Established Member

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    Pessimism is a good quality for Domainers to start with.
    New Domainers should start with a lot of pessimism about their Domaining skills.

    With pessimism, you ask more questions, seek more knowledge, seek Gurus, guides etc before
    buying any domains.
    With pessimism, you are not over-buying useless domains without solid grounds.

    With optimism, you have a periodic "feel good" moments when you are too happy and buy wrong domains.
    Why, because, you were in just a good mood. And add to that, you felt you had extra cash..

    The cure for pessimism should be in knowledge.
    But knowing what is right knowledge is key.
    One may have a lot of knowledge, but it could be all useless too.

    Being pessimistic about one's knowledge is important.
    That will force you to keep refining it.
    Knowledge encompasses patience too.
    That patience is required, itself is knowledge.
     
    Last edited: Mar 8, 2021
  11. poweredbyme

    poweredbyme Top Contributor VIP

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    Knowledge is the key in all parts of the life.
     
  12. bmugford

    bmugford www.DataCube.com PRO VIP ICA Member ★★★★★★★★★★

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    I agree completely.

    Being optimistic has its place, but so does being pessimistic.

    Some of the most successful investors in any field are the pessimistic or some would say realistic people.

    It allows you to see and plan for potential pitfalls and problems in the future. If you are too pessimistic though, it can lead to becoming toxic and an inability to act.

    So really, the right balance is a key.

    Brad
     
    Last edited: Mar 10, 2021
  13. tonyk2000

    tonyk2000 Top Contributor VIP ★★★★★★★★★★

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    1. Knowledge. And, one cannot "buy" it from paid "academies". Or learn it from self-proclaimed "domain gods". You need to learn the stuff youself, starting from technical end of the things. For example, it is amazingly unfortunate that many folks still think that whois is a bunch of websites. Learning what whois really is and how it works should be one of the 1st steps.

    2. Experience. If you have knowledge, then, with apporpriate big data analysis, you will find how dirty and corrupted industry we are all in. To some extend, you will then be able to use the data in your favor. Sharing it publicly? What for, you are a businessman and not an "investigative journalist" (IMO). To give an idea what I am speaking about, you will learn that questionable netsol-owned entity ("New Ventures Services, Corp"), which they use to warehouse domains, is just a tip of an iceberg.... similar activity happens not only with netsol... And, the last but not the least, you will lose all (if any) respect to some so-called "industry leaders".

    Money? Where is the NP poll where ~50% participants openly admitted how they lost money in domaining? Cannot find it now. It may not be possible or practical to start domaining in 2021 without money, but, you'll lose all the funding, and quickly, without appropriate knowledge
     
    Last edited: Mar 10, 2021
  14. Kassey Lee

    Kassey Lee China Domains VIP ★★★★★★★★★★

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    Very well said, and thank you for spending the time to write about your own experience. Valuable advice.
     

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