The reality of domain investing is that even profitable domain investors fail 98% of the time on the way to selling 2% of their inventory each year. Domaining is a highly speculative endeavor. To be profitable means walking a virtual tightrope of income, expenses and probabilities.
(more…)“A diamond is a chunk of coal that did well under pressure.” — Henry Kissinger
Profitable domainers fail 97% of the time on the way to selling 3% of their inventory each year. Domaining is a highly speculative endeavor. To be profitable means walking a virtual tightrope of income, expenses and probabilities. On top of that we have to compete with thousands of other domainers from around the globe. So if we want to exceed – we have to excel. On the other hand, if we want to fail, there’s at least eight ways to do it:
Read morE