discuss Shoulda, woulda, coulda.

[S-B]

I have the opportunity to buy 200 double repeating premium LLL.in at $90 a piece and I passed on it due to my uncertainty. Turns out that was a big mistake.

What was your most recent shoulda, woulda, coulda moment?

 

[DomainGist]

I almost developed a content platform / niche specific writing community for which there was a huge demand and ready made user base at my disposal and decided against. That was in 2011. I had an awesome domain for it, which I sold.

I've now come back to this project, repurchased the exact same domain (fair price) and will be building that platform with a 2017 launch.

I knew it would work in 2011, I know it will work now in 2016, only it would be a lot easier to establish in 2011 and I'd have a massive business right about now. There is still a decent ready to go userbase for me to go and grab, only its shrunk significantly.

At the time I was well connected online and respected within a specific niche community / subculture and its only with hindsight that I realise how valuable it is to have a big network to tap into when it comes to getting a startup off the ground.

So I've got the chance to undo my mistake, but I still regret it.

On the plus side, I've been busy liquidating my domain portfolio and got back into developing web properties, at a time when there is a very healthy market for selling established sites.

That has been a natural progression from domaining, after domaining got me back into the game and interested again (pretty much after just collecting a few domains that I simply don't want to part with, and now have a hunger to develop). I built a nice little empire on the net back in the day which got destroyed by some algorithm updates, it left me with depression and no desire to build anything for 4 years, now I'm building again and I thank dabbling in domains again for getting the fire back into my belly.

I'm enjoying the internet again.

 

[DomainGist]

(If it has to be domain specific, then I remember reading an article forecasting an LLLL.com boom when the low quality ones were still $40, so I suppose not dropping a couple of grand on those is my relatively recent domain regret).

 

[vickyhunter]

I had an opportunity to buy a hundred LLL.co Chips for $30 each, not very long ago. Arrrrrrrrgh...!

 

[betthelot]

loved connaught.com didnt bid, winner went on to sell it for 250k
sold some great NNNN.coms in 2014
sold a LLL.com for 238,000usd but the buyer accepted my first offer!

 

[DomainGist]

sold a LLL.com for 238,000usd but the buyer accepted my first offer!

You never know, they may agreed a maximum of $200k and had to have a heated argument in the boardroom about whether they could meet your price. At $250k they might have blanked you and resorted to plan B, so it is silly to regret that one. No solid reason to think that you left money on the table, maybe you simply hit the sweet spot.

 

[betthelot]

You never know, they may agreed a maximum of $200k and had to have a heated argument in the boardroom about whether they could meet your price. At $250k they might have blanked you and resorted to plan B, so it is silly to regret that one. No solid reason to think that you left money on the table.

They accepted the offer in minutes. It went to a multi billion dollar company - I left a lot of money on the table as they used it for re branding. You are right that its silly to have sellers remorse, especially if you are active in domains, it will always happen. My only regrets are always not being bolder.

 

[DomainGist]

My only regrets are always not being bolder.

It is also possible to regret being too bold though, when you get an offer, get too greedy and push the counter to a ludicrous price and then never get a decent offer again.

 

[betthelot]

It is also possible to regret being too bold though, when you get an offer, get too greedy and push the counter to a ludicrous price and then never get a decent offer again.

done that as well. But on balance being bolder would have gotten me better results but I never want to bet the lot because I want some left to stay in the game!

 

[Jasonn]

loved connaught.com didnt bid, winner went on to sell it for 250k
sold some great NNNN.coms in 2014
sold a LLL.com for 238,000usd but the buyer accepted my first offer!

most will never sell an lll.com for that or even be able to own one. 238k is not much of a regret.

 

[betthelot]

most will never sell an lll.com for that or even be able to own one. 238k is not much of a regret.

so true, much better way of looking at it. Greed is an ugly but necessary attribute.

 

[Keith]

My would've should've is just not asking for more. You can't get 5-6-7 figs if you don't ask. I let several domains go way too cheap. That said, you need to understand what you have. Asking 6 figures for a new reg isn't reality.

 

[Grilled]

I regret not buying D.Domains last december because of the $500/yearly renewal.

By the time I worked myself up to buying it, it was registered and instantly turned into a registrar.

I acted out by buying $500 worth of 420.NewTLDs lol

 

[wwwweb]

I regret not buying D.Domains last december because of the $500/yearly renewal.

By the time I worked myself up to buying it, it was registered and instantly turned into a registrar.

I acted out by buying $500 worth of 420.NewTLDs lol

That domain was reserved at first, but when the reservations came off it came with a $500 renewal as you described which is steep unless you have a profitable business going on it.

Now what you should pursue is the General Registration buyers who bought on day 1, they have grandfathered renewals in at $75 per year on the single letter .domains, unless the D meant something more to you?

 

[coconut]

They accepted the offer in minutes. It went to a multi billion dollar company - I left a lot of money on the table as they used it for re branding.

Knowing what you do now betthelot, how much do you think they may have been willing to pay?

 

[coconut]

My only regrets are always not being bolder.

That seems at odds with your username lol

 

[betthelot]

Knowing what you do now betthelot, how much do you think they may have been willing to pay?

7 figures. They had no choice because they already started re branding to the three letters I had LLL.com that matched. This is why I love these names, as there is no alternative, unless you want the .net or end it with LLC.com but a big national company knows the value of having a short .com that matches their brand. Took me about two years to stop beating myself up about it. Because I did a bit of snooping before hand IP address look up and I guessed right who was contacting me through a third party. I think I was more annoyed with myself with not being bolder, once I had the information, rather than the value but hey its still a great sale as Jasonn said.

 

[betthelot]

That seems at odds with your username lol

Thats to remind me dont bet the lot!

 

[MisterSoft.com]

I have the opportunity to buy 200 double repeating premium LLL.in at $90 a piece and I passed on it due to my uncertainty. Turns out that was a big mistake.

What was your most recent shoulda, woulda, coulda moment?

Hey, don't look back. Stay optimistic. Bumps and bruises are part of life. We are all human and we are not perfect. If someone tells you he/she is perfect, that person is lying.
Have a faith and a kind heart, you'll be fine.

 

[wwwweb]

7 figures. They had no choice because they already started re branding to the three letters I had LLL.com that matched. This is why I love these names, as there is no alternative, unless you want the .net or end it with LLC.com but a big national company knows the value of having a short .com that matches their brand. Took me about two years to stop beating myself up about it. Because I did a bit of snooping before hand IP address look up and I guessed right who was contacting me through a third party. I think I was more annoyed with myself with not being bolder, once I had the information, rather than the value but hey its still a great sale as Jasonn said.

$238K for a 3L.com a few years back is pretty decent, obviously it will be a big corp at that amount, but the sky is not always the limit. If your cost basis was under $25K, that is an amazing profit. Really what you did with the profits will tell the story after the fact.

 

[betthelot]

Hey, don't look back. Stay optimistic. Bumps and bruises are part of life. We are all human and we are not perfect. If someone tells you he/she is perfect, that person is lying.
Have a faith and a kind heart, you'll be fine.

You on happy pills MisterSoft. All this love is making me dizzy.