That was a quote someone gave me last week. They called and said they were frustrated with domaining. I asked what they were doing ? He said that he regged names at Godaddy and listed them at Sedo.
I stated that you got to do a lot more than that in this profession. That was when he said if he wanted to work, he would not be doing this.
I spent an hour discussing a lot of things, but the main point is that this is a job. If you are trying to make real money through domaining, you need to treat it like a job.
This is an industry with a low barrier to entry, but it still requires time, energy and money. Some will laugh and say its easy or some other disparaging remark.
The hours you need to spend daily make it a job. Is it rocket science ? No. Domaining though is still real work you just cannot reg and list and then wonder when the money will come in.
If you are organized and treat it like a job you will do better imo. Some may wing it but most need a plan. Sit down and breakdown what your goals are, and how you plan to get there. The hours add up when you factor in reading relevant information on the net, listing domains at all the different domaining related sites, going through drop lists, writing content if you develop, etc….
Its a job you just need to decide if it will be part time or full time.