- Impact
- 2,455
Let me start off by saying this community has been great for and to me. Thank you!! There are a lot of people that have shaped my thinking about domaining, and perhaps life a little bit! I cant possibly remember everyone, but I want to give a few shout outs! I think @MapleDots was one of the first domainers to lend me the olive branch! @toughdomains was very helpful even before I became their biggest fan. Ironically I had had a fristrating experience, and emailed TD, and I guess he got the call to respond. He was super professional and helpful, took care of my concerns and here we are!! @Silentptnr has been helpful, as I have read his notes, experiences, posts, and occasional private message! @Eric Lyon and @Amanda have been there to moderate, coach, rebuke, encourage, and inform along the way. There are so many more, but when I am not online domaining like I was it is hard to remember them all. And this business is fluid and transient.
I jumped right in to domaining head and feet first. This is probably not the right business to do that in. Since this isnt a if I could redo things post Ill spare those thoughts the best I can!!
The difference a year can make . . . I am bankrupt and divorced now. That is bad news. I would say there is a correlation, but most certainly not causation with respect to the domaining.
Let me say . . . the people here have been there done that and gotten the tee shirt. Unless you (Newbies) are some kind of anomaly you are not likely to bust in to this business on hand regs alone. I have a few hand regs in 2018. I had gotten up to over 400 names with 350ish of them being hand regs prior to 2018. There are some people here that want to have huge portfolios that will give you $2-3 a name. I dont even know why. Id guess I sold 100s of them to those folks. I have given quite a few names away. I have had those potential trademarked names as well, and I believe they have been deleted. I did begin to heed advice and start buying 4L domains. Not always with much forethought, and we know forethought matters dot com! I spent quite a bit of money with NameJet. I am looking up the total now $5148. I have sold one name on Namejet, RedParrot.com. I think that was it. Either 2 Rs or 2 Ts, but not 2 Rs and Ts! I sold one name on GoDaddy. It was an adult name. It wasnt even what I cosidered to be my best adult name! And I sold one name on SEDO, LoveSmiled.com. I have actually sold a few names through the Tough Domains platform. Inveentory, Cash4Smartphones, and Okw8 all king. I have sold a few names here on Namepros. I think my sales here total about $2600. And I have 10 4Ls remaining! I will say that @NameJetGM with their collusion with that one bidder ran my totals up for sure. Funny thing is I still havent gotten my sale money from their site. Ill be a part of a class action lawsuit if one ever materializes! I think I am probably in a place to break even or almost break even with the 4Ls from Namejet . . . if things cut right for me! I will need several more sales from my other names to recoup that GoDaddy, Uniregistry, eWallhost, and NameSilo hand reg money.
I am mobilizing my portfolio towards names that I plan to keep for the long haul. For example, I have a name BeyondHunting, MainstreetGuns, RideOakland, AtlantaFamilyPractice, Beatles dot One, LasVegasMarijuanaMart, marijuanamartvegas, MinneapolisFamilyPractice, MisterAtlanta, NycHerbals, and NycHerbs all dot com except the dot one. Essentially I want to have my portfolio of these sorts of names to be 150 names or less. I am at about 250ish now. This guy does not ever want to have more than 200 names again. One of the positives about domain name investing is it takes little money to jump in and hand reg. Ofcourse I do not suggest doing this. So I am filtering my portfolio and working with a marketing guru on some outbound!! I believe the domain king says to buy a $50k name if you want to sell a $100k name . . . or something like that.
I am telling myself, dont throw good money after bad! There are some names I like that I think have big potential. SpecificLearningDisability (KING), for example. The board consensus was to drop it. No way. I am a special education teacher. There are roughly 8 categories of special education, and SLD is the biggest. Perhaps dot org would be better in this case, but Im renewing this name for life . . . Okay I dont feel that strongly about most of my names, but that one for sure. It is for sale of course, I am just pointing out Ill keep renewing this one!!
Anyways my big take aways are:
Buy good names to start with! You cant go buy prime real estate for nothing, same with domains!
Dont hand reg.
If you must hand reg, set a budget and stick to it.
Dont fall in love with just any ole domains. If you have one like my specificilearningdisability, fine! but as a general rule every name should be for sale. Unless you have premier and prime names of value, dont reject offers. Dont accept bad offers, but dont reject them just because you arent getting all you want.
Do not buy adult names unless that is your industry.
Do not think that a name like find your honda dot com is waiting around for you and is awesome regardless of what GoDaddy rep tells you!!
Enjoy the ride, we live once!!
I jumped right in to domaining head and feet first. This is probably not the right business to do that in. Since this isnt a if I could redo things post Ill spare those thoughts the best I can!!
The difference a year can make . . . I am bankrupt and divorced now. That is bad news. I would say there is a correlation, but most certainly not causation with respect to the domaining.
Let me say . . . the people here have been there done that and gotten the tee shirt. Unless you (Newbies) are some kind of anomaly you are not likely to bust in to this business on hand regs alone. I have a few hand regs in 2018. I had gotten up to over 400 names with 350ish of them being hand regs prior to 2018. There are some people here that want to have huge portfolios that will give you $2-3 a name. I dont even know why. Id guess I sold 100s of them to those folks. I have given quite a few names away. I have had those potential trademarked names as well, and I believe they have been deleted. I did begin to heed advice and start buying 4L domains. Not always with much forethought, and we know forethought matters dot com! I spent quite a bit of money with NameJet. I am looking up the total now $5148. I have sold one name on Namejet, RedParrot.com. I think that was it. Either 2 Rs or 2 Ts, but not 2 Rs and Ts! I sold one name on GoDaddy. It was an adult name. It wasnt even what I cosidered to be my best adult name! And I sold one name on SEDO, LoveSmiled.com. I have actually sold a few names through the Tough Domains platform. Inveentory, Cash4Smartphones, and Okw8 all king. I have sold a few names here on Namepros. I think my sales here total about $2600. And I have 10 4Ls remaining! I will say that @NameJetGM with their collusion with that one bidder ran my totals up for sure. Funny thing is I still havent gotten my sale money from their site. Ill be a part of a class action lawsuit if one ever materializes! I think I am probably in a place to break even or almost break even with the 4Ls from Namejet . . . if things cut right for me! I will need several more sales from my other names to recoup that GoDaddy, Uniregistry, eWallhost, and NameSilo hand reg money.
I am mobilizing my portfolio towards names that I plan to keep for the long haul. For example, I have a name BeyondHunting, MainstreetGuns, RideOakland, AtlantaFamilyPractice, Beatles dot One, LasVegasMarijuanaMart, marijuanamartvegas, MinneapolisFamilyPractice, MisterAtlanta, NycHerbals, and NycHerbs all dot com except the dot one. Essentially I want to have my portfolio of these sorts of names to be 150 names or less. I am at about 250ish now. This guy does not ever want to have more than 200 names again. One of the positives about domain name investing is it takes little money to jump in and hand reg. Ofcourse I do not suggest doing this. So I am filtering my portfolio and working with a marketing guru on some outbound!! I believe the domain king says to buy a $50k name if you want to sell a $100k name . . . or something like that.
I am telling myself, dont throw good money after bad! There are some names I like that I think have big potential. SpecificLearningDisability (KING), for example. The board consensus was to drop it. No way. I am a special education teacher. There are roughly 8 categories of special education, and SLD is the biggest. Perhaps dot org would be better in this case, but Im renewing this name for life . . . Okay I dont feel that strongly about most of my names, but that one for sure. It is for sale of course, I am just pointing out Ill keep renewing this one!!
Anyways my big take aways are:
Buy good names to start with! You cant go buy prime real estate for nothing, same with domains!
Dont hand reg.
If you must hand reg, set a budget and stick to it.
Dont fall in love with just any ole domains. If you have one like my specificilearningdisability, fine! but as a general rule every name should be for sale. Unless you have premier and prime names of value, dont reject offers. Dont accept bad offers, but dont reject them just because you arent getting all you want.
Do not buy adult names unless that is your industry.
Do not think that a name like find your honda dot com is waiting around for you and is awesome regardless of what GoDaddy rep tells you!!
Enjoy the ride, we live once!!
