Labeled as poll in General Domain Discussion started by Arpit131, Aug 31, 2018.
Something to think upon?
I'll sell a $million domain at some point
if you are then why would you brag about it?
The vote doesn't show the name. In one of the polls, some millionaires voted for it.
A number is always good.
Probably still new to the game. Achieving million dollar sales with domains is not just that easy!
It's not bragging if you are asked.
For successful people to have a voice on a forum where most people have no idea wtf they are doing allows those with drive, ambition and potential to rise and to improve their discernment and BS radar.
Rick Schwartz served in this inspiring role/ capacity for me.
Fair enough....just me giving a insouciant reply
the ability to judge BS is not dependent on your bank balance
Success is corellated to profits in domaining.
Most people do not make the jump to domain investing from domain speculation.
Most people do not make the jump to domain assets from domain liabilities.
Million dollar club meaning million in sales or million in n the bank?
If you stop earning now because you have $1M and decide to live on that money for the rest of your life.....you could spend $5K/month for the next 16 years. And then....then you will be broke again. So if you are thinking $1M is a LOT of money, you are at the wrong forum.
On the other side, the best things in life are free...
If you have $1M and is not earning any dividends or capital appreciation, then you're a fool.
$1M is a lot of money, and I would easily be set for life with it despite living in a rather expensive country.
It really depends where you live...1m is nothing in Beverly hills
Sure, it partly depends on what part of the world you live in, but equally important is HOW you live.
You don't need expensive houses and cars to have a good and fulfilling life.
Why are you not in the $1M club?
Ans:- I don't want to be in the $1M club.
Simple, I am not a good enough domainer to be in any million dollar club
I'm having sleepless night just to be there. I have not studied so hard in school/college compared to domaining.
To start with my own country, 83% of people in the US earn $100 K or less in a year. 97% earn $250K or less. Why should the figures be any different in the world of domaining than in any regular job? If anything they will be worse than a steady job with a guaranteed income and no annual renewal fees.
To answer your question, unless you are both lucky and have best of the best names you are not a miserable failure if you don’t make a million dollars. You are in the majority. Dreams should be tempered with realism.
For me it's a mix of going after highly competitive names just out of my budget and not reinvesting enough profits.
Personally, i would pass up the offer.
Huh?! What offer are you referring to?
I will be i a few years!
The truth, excellent post and thank you for it. The market was fluctuating some years ago, the fact is, the market as a whole has dropped, what goes up, must come down, and it has, but, despite that, the market is strong, it is somewhat of a buyers market right now, so making the adjustments accordingly is a must to keep a steady stream of revenue, I have never relied on the sale of domain names to make money, it has always been developed websites for me.
So, again, what is the $1MM club?
Total asset worth? Liquid assets? Domain sales?
I didn't start in the early 90s which I should have :P I was there playing around with development at the time and didn't have forward thinking about the domains. I was too focused on being a nerd.
I can easily tell you why I'm not in the million dollar club. My domain's aren't worth that amount... not even close. Yes, I'm a dreamer, but I am also a realist. I have made some sales this year. I made some sales last year and the year before that. But, I wil never be close to a million dollars... and I'm fine with that. I am enjoying the ride.
Separate names with a comma.