I see a lot of thirst for knowledge in the domainer community, and it’s not always from newcomers to the game of domain investing.
Domain forums such as DNForum and NamePros are active beehives of information, and one has to be able to extract the honey without consuming too much pollen.
Over the course of a decade, the domain industry has expanded tremendously.
During that time, domain conferences took off and offered meeting points that combined the social aspect of human interaction, with the trading essence of oriental bazaars. What used to be closed groups of secretive individuals opened up as social clubs, inviting domain investors to exchange their plans, services and products.
The proliferation of blogging and interaction on social media gives the opportunity – and the assorted microphone – to anyone willing to share information about what makes them tick around the domain clock.
And yet, all this massive amount of data must be taken with a large pinch of salt; it should be processed but never consumed whole, as no self-published gospel is ever a complete, accurate guide to anything.
When comparing past performances, there is no guarantee for future results.
In other words, whatever you do in life should be reshaped, reformatted, and tailored to fit your own stride and pace, as not two persons move through life’s maze at the same speed.
Any guide on how to do a four minute mile depends on your own internal clock that dictates how you allocate resources, and how you manage your momentum. There is no guarantee for success that can be replicated through a manual, or the performance of others.
By keeping in mind that your mileage might vary, you become free from replicating the path of others, you become energized and psyched to forge your own.
And by understanding this fact, you will come one step closer to success, whether it involves domains, other ventures or your life’s personal goals.
You are absolutely right. There are many ways to make money in domaining and all are pretty much different. One thing remains the key.
You actually have to work hard. HARD! This is not some lottery type business like a lot of people think…