NameSilo

We are the idiots .....

Located in General Domain Discussion, started by TheBaldOne, May 22, 2020

Replies:
210
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12,587

?

Are you going to develop some of your domains?

  1. Definitely plan to develop my domains

    47 votes
    32.6%
  2. Perhaps develop some of my domains

    37 votes
    25.7%
  3. Might try to develop one domain to see how it goes

    18 votes
    12.5%
  4. No, just after selling my domains

    33 votes
    22.9%
  5. Why work when domaining is so easy and it will make me a millionaire within the year

    9 votes
    6.3%
Total: 144 vote(s)
  1. bmugford

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

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    That attitude kind of explains why he has been searching for years now for a development partner.

    I could see someone working for sweat equity if you brought something highly valuable to the table. Marginal domains are not highly valuable.

    Otherwise, people want to be compensated fairly for their time and effort.

    Brad
     
    Last edited: Jun 6, 2020
    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. otismo

    otismo Established Member

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    development is a pain in the butt, and a full-time/overtime job with a really successful site

    and it requires just as much work for a highly successful website with NO REVENUE/PROFITS

    as it does for a site with decent sales&profits - so it makes NO SENSE to develop unless you can see

    THE $$$MONEY$$$ COMING IN.

    what I am is a conceptualizer ( also called dreamer, hippie etc. )

    I can conceive WAY faster than an army of teams can implement

    AND I have acquired a "knack" for finding what I think are good

    names that I feel fit very well with my entrepreneurial ideas -

    so being in the domain "business" seems like the natural

    thing for me to do. I imagine most domainers are a lot like me -

    and you need to start thinking of yourselves as conceptualizers

    and conceivers of entrepreneurial "actionable" ideas - which you

    ought to be able to include at least a thumb-nail-sketch or even

    a brief business plan for the millions with lotsa energy but who

    do not seem to be able to think straight - otherwise, in the

    richest country in the world, there would be no excuse

    for being poor. 'nuf said. Cheers!
     
  3. otismo

    otismo Established Member

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    wait - there's more !

    when my focus was development

    the big problem was finding decent affordable domains

    so most of my names were "placeholders" like mynewpix.com instead of newpix.com

    which was always no-way affordable to buy the best name, even if that best name was even available

    so I spent hours and hours and hours combing thru lists of the most complete and total garbage,

    in the hope of maybe finding something decent, at an affordable price. I eventually enjoyed

    some success, and had inquiries on some of my names. this prompted me to think

    I might be able to make money buying and selling domains -

    current scorecard :

    thousands bought

    thousands dropped

    exactly three sold -

    dreadful but getting better

    but I am still a cheapskate

    Cheers !
     
  4. ThatNameGuy

    ThatNameGuy Restricted (15-30%) Gold Account

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    Sorry Brad, but this went over your head. I was quoting directly from an email I got from one one of the top domainers in the world...and since I got that email, here is another email I got from the same individual advising me to stay away from developers;

    "Over the last 20 years, my brother and I have tried over 20 outside development/monetization deals.
    Every one of them failed. With great names. With great developers. That's a 100% failure rate.
    If we like a name we develop it ourselves.
    Keep in my mind that I am not a technical person, but Word Press is fairly easy once you get into it.
    I built several of my sites entirely myself.
    So, when you ask me to suggest an outside developer, there are none.
    The reason we make money is because I understand sales and marketing.
    Therefore, our names are built with that intention SOLELY in mind.
    We no longer do outside deals because I lost my temper with the last developing company.
    I gave them what we wanted and they called us into their office.
    They said, "We know what you wanted, but we think this is much better."
    It was beautiful. It was state-of-the-art. And it couldn't have sold a life preserver to a drowning man.
    Pick a up a magazine like Robb Report or Esquire. Study the full page ads.
    There's some great Mad Men advertising stuff right there.
    That is the same marketing philosophy that should be on a web site's pages.
    A webmaster/developer will never intuitively go in that direction, but I will."

    Brad, this guy is telling me to learn to develop my own site(s), but that won't happen. I'm not discouraged however for I found a technical partner in my past business life who understood and respected what I brought to the table. Together we built a company Acsel (the name I created) that generated many millions of dollars over many years. So please don't tell me what I can and can't do. You sir, don't have a clue.
     
  5. bmugford

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

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    You agreed with the quote.

    Again, that attitude is why you are having a hard time finding a quality technical partner.

    Best of luck.

    Brad
     
    Last edited: Jun 6, 2020
  6. Recons.Com

    Recons.Com Top Contributor VIP

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    Felt like one of those FB ads or emails one you fall for one of those.

    Are you a copywriter and/or funnel developer? )))
     
  7. frank-germany

    frank-germany domainer since 2001 / musician VIP

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    it always helps
    if you have a great
    photographic memory
     
  8. frank-germany

    frank-germany domainer since 2001 / musician VIP

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    here is my recommendation to solve these issues:

    http://www.hypervre.com


    that really works

    ( flash back of 2012 )
     
  9. Joe Nichols

    Joe Nichols Common sense consultant VIP

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    What kind of site is he building for you, Rich? Are you leaning towards focusing on the scotch business, or on selling domain names?
     
    Last edited: Jun 6, 2020
  10. Recons.Com

    Recons.Com Top Contributor VIP

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    I think both. Consuming scotch might definitely increase number of impulse buys for domains.
     
  11. ThatNameGuy

    ThatNameGuy Restricted (15-30%) Gold Account

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    All of the above:xf.wink:
     
  12. Joe Nichols

    Joe Nichols Common sense consultant VIP

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    Ambitious!

    Looking forward to seeing the sites.
     
  13. ThatNameGuy

    ThatNameGuy Restricted (15-30%) Gold Account

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    You sir share some exceptional advice, "it makes NO SENSE to develop unless you can see THE $$$MONEY$$$ COMING IN." Everyone reading this surely has heard of the KISS principal or "Keep It Simple Stupid". What I've learned in life is there's ALWAYS an easier way. Bottomline, profit and monetization are keys to success.

    Thanks again for your words of wisdom(y)
     
    Last edited: Jun 7, 2020
  14. Save Breach

    Save Breach Established Member

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    Laziness it is for me, as I have some dev experience.

    Then I don't want to spend money on VPS, etc. but I have plans to do so and have even made an Youtube channel for my best domain :xf.grin: (y)

    ty
     
  15. ThatNameGuy

    ThatNameGuy Restricted (15-30%) Gold Account

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    Again....thanks so much for posting this. Not realizing, you have possibly saved me and others tens of thousands of dollars. We are a lot alike in that, "as conceptualizers and conceivers of entrepreneurial "actionable" ideas", this is what I've been doing all my life. It's the nature of the beast (domain industry) that requires a little more patience, but given time and patience it will all work out.

    I too am a lot like you in that I know I'm "getting better" at this every day. Practice really does make for perfection improvement:xf.wink:
     
  16. Joe Nichols

    Joe Nichols Common sense consultant VIP

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    I definitely agree with this!

    For me, keeping it simple means buying domains that can sell without development. The time and cost savings is huge, and the ROI is great.
     
  17. otismo

    otismo Established Member

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    just sharing my experience, for what it's worth...

    I will tell you what I am NOT

    I am not a quitter

    and I will not give up

    it will take some time, but I will succeed eventually...
     
  18. otismo

    otismo Established Member

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    EXACTLY !

    I have to fix my KISS which was originally "Keep it Short and Simple"

    AH kicked shorty out and brought stupid in - you are NOT STUPID !

    KISSS now "Keep it Short and Sweet and Simple" better than new !
     
  19. mpls

    mpls Top Contributor VIP

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    He does not need a developer.

    In 2020 startups don't need developers, need TEAMS.

    To succeed with a website / IT project companies need several people with several, deep and unique skills.

    Development team to build front / backend of the site,

    Database administration,

    Server maintenance and configuration,

    Online and off line marketing specialists,

    Content creators,

    Web designers and creative people,

    administartion.

    Legal.

    Management and so so on.

    Every IT start up start with angel investors (not equity..........), in order to be paid DURING the project development and then.

    These times are finished:

    [​IMG]
     
    Last edited: Jun 7, 2020
  20. Recons.Com

    Recons.Com Top Contributor VIP

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    I meant the style of writing ) with a one line paragraphs ))
     
  21. otismo

    otismo Established Member

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    TEAMS - or angels put you in an "incubator"

    ideas are SATURATED

    GOOD IDEAS are RARE - and the domain name doesn't matter...
     
  22. mpls

    mpls Top Contributor VIP

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    You can have the most strong and powerful idea on this world but without MONEY NOW you'll stay with your idea and NEVER succeed.

    And, in order to have MONEY NOW, or you've your own money (5 figures per month in order to pay your employee and all expenses for 12/24 months AT LEAST) or you look for investors.

    It's 20 years I work with IT companies and startups and you have NO IDEA how competitive and how much money you need in order to succeed.

    Even with a GOOD IDEA.

    Have you seen the movie about FB? Without investors (found by Sean Price) that put on table 1 million in order TO START, the mere idea would have gone nowhere.

    Or someone else with the money NOW would have stolen it and developed it.
     
  23. otismo

    otismo Established Member

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    MONEY

    it helps if you know how to SELL SELL SELL ( I mean close )

    some kid raised two billion dollars for a crypto, and ALL crypto is hackable by Quantum Computing

    unless it has Quantum Encryption - excluding BTC which is now a creature of Wall Street.

    MONEY

    the top twenty money managers - the top twenty funds - have all the money I'll ever need -

    and I don't need any ( body else's money ).

    STOLEN

    sure why pay if you can steal - put an end to theft and then get on with developing -

    but then you had better have a team you can

    TRUST

    it just goes on and on and it never ends

    and that is why

    we do not develop because we are NOT idiots
     
  24. golan

    golan GolanMedia.com VIP Gold Account

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    Brilliant summary (y)
     
  25. ThatNameGuy

    ThatNameGuy Restricted (15-30%) Gold Account

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    "GOOD IDEAS are RARE - and the domain name doesn't matter..." how true Otis, and due to costs and development nuances associated with developers, many a "rare idea" never get off the ground.

    I agree too that a domain name doesn't matter. but like a "logo", it can either enhance or distract from the idea.

    Thanks again for your free insight(y)
     

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