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In a world of full of specialists, the generalists triumph.
The book "Range" by David Epstein is very interesting and it influenced me greatly. And in this day and age, generalists tend to do better, based on the book. But here I am talking about specialization.
For now I am neither, but looking at the success of @DNGear for xyz and @Nikul Sanghvi for co and we have many known eu specialists, cloud specialist and so on, I am beginning to think specializing is a lot better with very small % in stuff outside your expertise when you get a really good buy.
Here is my simple reasoning.
Hundreds of premium domains with demand gets into the expired auctions and dropcatch stream everyday.
So it is not like there is nothing to buy out there. There is a steady supply of good domains if one has the money.
SInce you have only so much resources and more domains to buy, I think it is best to specialize in something, study the trend of that particular niche/tld/geo etc and have a laser focus on what to acquire instead of looking all over the place and picking up mediocre domains .
Just analyzing Nikul's .co sales took me a while and analyzing Shweta's xyz sales took me while.
What are your thoughts on this?
Be generous with your words.
The book "Range" by David Epstein is very interesting and it influenced me greatly. And in this day and age, generalists tend to do better, based on the book. But here I am talking about specialization.
For now I am neither, but looking at the success of @DNGear for xyz and @Nikul Sanghvi for co and we have many known eu specialists, cloud specialist and so on, I am beginning to think specializing is a lot better with very small % in stuff outside your expertise when you get a really good buy.
Here is my simple reasoning.
Hundreds of premium domains with demand gets into the expired auctions and dropcatch stream everyday.
So it is not like there is nothing to buy out there. There is a steady supply of good domains if one has the money.
SInce you have only so much resources and more domains to buy, I think it is best to specialize in something, study the trend of that particular niche/tld/geo etc and have a laser focus on what to acquire instead of looking all over the place and picking up mediocre domains .
Just analyzing Nikul's .co sales took me a while and analyzing Shweta's xyz sales took me while.
What are your thoughts on this?
Be generous with your words.