Many people have hand registered a domain and sold it for $xxx – $x,xxx, many who have no following or notoriety in the domain industry. It can be done but the key is can you rinse and repeat ? If you own 1000 domains and hand regged one and sold it for $2,500 that is great, but it is not a business model unless you can repeat it with consistency.
When you sell a domain name especially a .99 hand reg for $2,500 there is a feeling of euphoria, this is the greatest business in the world, incredible, I am going to be rich. The flipside is no sales for 8 months and renewal bill coming for $1,000. Then “This business sucks” is more like it.
Sometimes one success gets people thinking crazy, like they want to quit their job. One such poster on Namepros asked the community if he should quit his job, and after pages of replies telling them not to, he apparently did.
The initial post went like this:
Now I am working with a company lawyer as a clerk. I work for 8 hours a day like everyone else do.Worked as a clerk was tiring, boring, and I also do not like the bark by my boss. Should I quit my job and become a full time domainer? Being a successful domainer is my dream since a few years ago.If I stop working, what is the impact on my life later? Please share your thoughts and experience. I hope this thread will be able to provide useful lessons to beginner.
Today that same poster is out with a new thread saying Domaining is Dead.
Are you still fail in domaining?
These below a Top 10 list “why you fail” in domaining.
10- “Guru” has never tell the truth. They always win.
9- Your first step is successfully
8- Your selling strategies is outdated.
7- The buyer still cannot see about the domain value.
6- You don’t have a confident level.
5- You always sleep.
4- You don’t have a pen and book.
3- You are not optimistic about your domain.
2- You always teach never learned.
1- Domaining is marketing not forex or poker.
Do you still cannot believe “dragons can dance”
#Azwanasban – I’m beginner and I’m the little one.
-beginner to beginner
This is why you cannot make rash decisions in this business, that when people tell you it takes time, they mean it. Do not quit your day job because the pressure of being a full time domainer is not one many can handle. I have always believed that part time is better for many in a lot of aspects, I will go into those reasons in another post.