This article is speaking from a purely business standpoint, nothing related to personal, social or philanthropic.
There are only 168 hours in the week, a finite amount of time. Your time is your most valuable asset. Don’t just do something for the sake of doing something. There needs to be a focus and a reason for why you are doing what you are doing.
If you are going to spend hours researching names, make sure you are going to register some of those names. Make sure you have a game plan for selling them. I have spoken to many domainers who said they spent hours searching lists. I asked what they registered ? A lot of the time it was nothing, they were just checking stuff out. You need to know what you are looking for and use all the tools available to make your time searching more efficient.
If you are going to create content, make sure its content that can help your sites and business grow. Just don’t write for the sake of writing. Don’t just write because you think you need to write something for consistency. I know on other blogs that I have done this. No idea what I was going to do with the site, no goals that I was working toward, just writing to write something because I felt I needed to take up space.
I know that I have wasted a lot of time just doing for the do, that there was no business model that was articulated, there were no points I was looking to accomplish. I just felt like I needed to be doing something. But what I was doing was wasting time. Its finite time, you need to use it more efficiently. If domaining and developing is a part time gig, you need to be even more efficient if you hope to reach your goals.
Have a plan for both your domain buying and research.
- I am going to be looking for domains specific to the technology space
- I am going to be looking for only .com and .org domains
Have a plan for selling domains.
Have a plan for developing a site or a blog
- Define what the goal of the site is
- Think of all the ways to monetize the site
- Research the competition
- Come up with a plan that breaks down how much time will be needed to run the site
- Create an ad budget
Taking the time to write down your goals will help you focus. It will keep you from wasting time and will make you do things with a purpose.
Best of luck
Great article. Thank you 🙂