Hey guys..... After reading the financial success thread, I thought it might be a nice idea if people who have been around domains for a bit took a minute or two or three to share one or more tips.
I'll get the ball rolling and hopefully others will chime in
Try and not be a jack of all trades when it comes to domains unless you have incredibly deep pockets to begin with. Try focusing instead on a few areas. Ones you can learn about inside and out. This makes it easier to get SOME kind of momentum going, to maximize sales opportunities, to maximize monetization possibilities, to be able to spot good deals on the acquisition side, to be able to purchase domains at a fair price that you can make an immediate profit on because you know how to best monetize or you have the benefit of volume.
I'll get the ball rolling and hopefully others will chime in
Try and not be a jack of all trades when it comes to domains unless you have incredibly deep pockets to begin with. Try focusing instead on a few areas. Ones you can learn about inside and out. This makes it easier to get SOME kind of momentum going, to maximize sales opportunities, to maximize monetization possibilities, to be able to spot good deals on the acquisition side, to be able to purchase domains at a fair price that you can make an immediate profit on because you know how to best monetize or you have the benefit of volume.
