Domaining domination
In the world of domaining or domain name speculation, every domainer wants to dominate because with that domination comes tremendous financial rewards.
Every domainer, new or seasoned, has grand dreams of immense amounts of money at their disposal.
The unfortunate truth is that the harsh reality of a mediocre roi for most domainers is the end of the dream.
Domain name speculation like many other industries has a large volume of sideliners trying to make money off the dreams of would-be domainers by marketing the impression that anyone can command millions of dollars in earned revenue in a very short time span through domaining. Unfortunately many people have fallen victim to these sideliners and many would-be domainers will continue to spend their money on poor information designed only to part them with their money.
FACT:
Domaining offers a superior rewards vs risk formula compared to traditional investing. This statement assumes an equivalent knowledge and understanding for traditional investing vs domain investing.
FACT:
Domaining is a relatively new market in comparison to traditional investing and is still growing everyday.
FICTION:
All the good domains are either taken or are to expensive for the average person to have any luck in the domain speculation market.
The above three statements to most people not entirely familiar with domaining would seem to contradict the second paragraph of this article. The two facts and one fiction above are the main reasons for success or failure for most domainers.
I’m lost! Your not making any sense. What is the secret to domaining domination?
Knowledge, wisdom, and understanding
The majority of the domain name speculation industry is flooded with so called domainers taking their chances with domaining with little or no; knowledge, wisdom, or understanding of domain investing. This is actually good news for the domainers that have put in the time and continue to put in the time to accurately equip themselves with the proper knowledge, wisdom, and understanding to succeed in the domain speculation industry.
The superior domainer equipped with the proper knowledge, wisdom, and understanding will most likely make more money the second year of domaining than she/he has made all the previous years of their life combined. A well informed domainer knows which domains to go after and more importantly, which domains to leave alone.
If domaining is your path and you want to achieve domain domination, you have to educate yourself on the industry. You need to know and understand the different aspects of domain name speculation.
If you are or want to become a domainer, you will have to decide what route you want to take. Are you the type that will buy and sell at whatever the market price is? Maybe you are the type of domainer that is into parking your assets and earning some revenue from the traffic. Are you a short term (flipping) or a long term investor? Maybe, just maybe you are willing to be a serious domaining monster and make waves in the domain name speculation market by defying the standard statistics by using advanced domain investing techniques that only a handful of people on this planet are privy to.
No matter which route you decide to take as a domaining master of the web, unless you equip yourself with; knowledge, wisdom, and understanding, your investing results will be entirely dependant on luck.
A truly successful domainer is always reading, watching, and learning. Let me give you one simple and priceless piece of advice.
A properly developed and well maintained website will add more value to a domain name than any software program or streak of luck could possibly hope for.
The intent of this article was not to provide you with the keys to domaining domination, no single article is capable of that. The true intent of this article is to open your eyes to possibilities of domaining. To get you thinking about what you want from your career as a domainer. To inform you that there is no substitute for knowledge, wisdom, and understanding.
As a domainer, unlike traditional investing, you personally hold the power to increase your roi. You have the ability to sidestep luck and make an educated decision.
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