Located in General Domain Discussion, started by Premiums, Feb 9, 2018
there's no money in domain names.. this industry full of bullsh*t.
Any reason for making such a statement?
Don't take me wrong,
Those who invest on domains like TAKEON.TODAY
Yes there will never be money for them in this industry.
Any relation to Bulloney?
yes there is money.. but there is also (usually) a long and expensive learnign curve for a while.
if u survive it, you will be okay.
what extension did you buy?
It seems you lost your patience. And domaining needs to be super patient. Like turtle
80% of the business is done by 20% of domainers.
turtles aren't patient
spider is patient.
be thou as a spider then
or like water...
hey thats still way better odds than 1% owning 99% of earths wealth or something like that.. ahahahha
If you are 24/7 walking around forums yes. However, domain forum activity is highly recommended. I hope you get the meaning. Good or bad all the forums are full of resellers who simply want to buy super low and sell high. Still, out there exist many chances. The best scenario is to pick good names with quality and be patient for inbound offers.
I swear that the only animal which had in my mind when writing this post was turtle!
NO easy and fast money in domaining - such statement is really correct.
But I agree that the best times for domaining are already in the past.
Well then instead of wasting your time and life here with domains, where you don't seem happy, you should move on to something where there is money to be made. Perhaps recycling bottles and cans would be an option. Just a thought.
Thank you friends for your support.
this statement is correct for any business sector - the majority of businesses go bankrupt during first years... persistence and desire to achieve success are the key components to profits
s p e a k f o r y o u r s e l f k i n d s i r
More on topic @Premiums: take these^ elders' advice and be patient, spend slow and follow the trends that make money consistently. Not a gTLD sale once every six months. Unless you manage a portfolio of thousands and actively do outbound every day, domaining is a pretty slow (and, dare I say, boring) endeavor.
Find something else to do while you wait for offers to come, and if they never come, move on to other domains. Or bitcoin. That'll give you fast returns... and a rollercoaster of a life.
Nowadays, it's more like 90% of business is done by 10% of domainers. Domaining is increasing being dominated by big companies like Hugedomains.com.
this industry full of bullsh*t.
Yes, like everything in life.
there's no money in domain names..
No. But maybe domaining is not for you. The majority of domainers are losing money, I firmly believe that not everybody can do it. It's a question of attitude first.
If you are trying to register .today domains you've just registered and nobody wants them, you have to question your choices of domains. Saying there is no money in this industry is a blanket statement. Even though the registrars are having more success than domainers overall. But trying to sell stuff that nobody wants or needs is doomed to fail.
Now I need to have a discussion with my accountants. They have been lying to me for so many years.
You must be missing the daily sales charts... you must be mad that you're not selling domains.. I'm doing this part time right now last month was $8,000+ in sales
This month only one sale so far of 2k down and they have to pay me 12 months of 666.67 but there's no money in this business right I'm only a guy that started with four hundred bucks
i started with 0$, did webdesign,logo design editing what ever i could find on freelancing sites. My first work online was 2$ for 2 days ( Not shocking in my country ) the guy was generous. With 3 months of my earning i had invested on some 4L.com domain and rest is history. Never had to look back again. Nothing to show off just to let you know you are not the only one
I'm not showing off the guy is calling the industry a bunch of bs and I was just talkin from my own experience
No no i mean i am not trying to show off by telling my story mate.
I've made my investment back in 3 months... Just buy the right names
Cut your losses and move on. If you're in search of capital you do whatever it takes. Never ever make excuses for your personal failure
Separate names with a comma.