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Domain Discussion
Domain Beginners and Newbies
Do You Make a Living At Domaining?
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<blockquote data-quote="Biggie" data-source="post: 2188870" data-attributes="member: 1195"><p>some good advice from others!</p><p></p><p>1. there are many who started domaining, who didn't have a job per se', to quit</p><p>there are those who have "backers" or inherent capital, which gives them ability to invest in/from the "cream".</p><p>there are those who started with $500 and dug their own mountain</p><p>and...there are those like me, who prefer to work a j o b, knowing domaining is the leverage to walk...thus being able to stay on my terms. <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":)" title="Smile :)" loading="lazy" data-shortname=":)" /></p><p></p><p>then too, what does it take to "live on", the cost of living, where you live?</p><p></p><p>social security pays what $1,500 > $3K a month depending</p><p>mcdonald's pays $8 hr?</p><p>wallstreeters, factory workers, white collar, etc.</p><p></p><p>what income are you quitting, versus earnings from domaining?</p><p></p><p>is domaining as secure as that job?</p><p></p><p></p><p>who, do you want to "live like" and what does it take to make you happy?</p><p></p><p>what's your measuring stick, and is it gauged in comparison or to your own goals?</p><p></p><p></p><p></p><p>2. first, there is BIG difference between <strong>trying to sell domains and waiting for offers</strong> on your domains.</p><p></p><p> if I registered a domain yesterday and got an offer tomorrow, it's more likely I'd ask higher than $$$ for it, simply because the odds are.... the offer already is at/in $$$ range.</p><p></p><p> but to go deeper, "hand-regged" domains should be seen in perspective of when they were registered.</p><p>meaning, if I started 14 years ago and hand reggged names then, and sold them now or within past couple of years......they would more likely sell in $,$$$ range or higher.</p><p>just pointing out that, the later you come in the game....the harder it is to sell hand regged names, simply because there is "more competition" among domainers now, than it was then.</p><p></p><p>additionally, the longer you've been in the game, the more you may start "asking higher prices for your names". </p><p>but that too, is dependent on how sustainable your portfolio is, whether you have to sell or not, or even the number of names you can, or have to liquidate to stay in business.</p><p></p><p>3. if you're just hand-regging and trying to resell, it may be good to learn basic coding, as there are free websites with html editors to practice.</p><p>I use notepad, but lot of folks use wordpress, to make their own "domain sales sites" or mini-websites around a niche' domain they've acquired.</p><p></p><p>these/those kind of websites can also serve as 'proof/evidence' to any potential buyer that "you have plans to develop this or that domain name", to add weight on the "seesaw" </p><p></p><p><img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":)" title="Smile :)" loading="lazy" data-shortname=":)" /></p><p></p><p>Good Luck!</p><p></p><p>imo...</p></blockquote><p></p>
[QUOTE="Biggie, post: 2188870, member: 1195"] some good advice from others! 1. there are many who started domaining, who didn't have a job per se', to quit there are those who have "backers" or inherent capital, which gives them ability to invest in/from the "cream". there are those who started with $500 and dug their own mountain and...there are those like me, who prefer to work a j o b, knowing domaining is the leverage to walk...thus being able to stay on my terms. :) then too, what does it take to "live on", the cost of living, where you live? social security pays what $1,500 > $3K a month depending mcdonald's pays $8 hr? wallstreeters, factory workers, white collar, etc. what income are you quitting, versus earnings from domaining? is domaining as secure as that job? who, do you want to "live like" and what does it take to make you happy? what's your measuring stick, and is it gauged in comparison or to your own goals? 2. first, there is BIG difference between [b]trying to sell domains and waiting for offers[/b] on your domains. if I registered a domain yesterday and got an offer tomorrow, it's more likely I'd ask higher than $$$ for it, simply because the odds are.... the offer already is at/in $$$ range. but to go deeper, "hand-regged" domains should be seen in perspective of when they were registered. meaning, if I started 14 years ago and hand reggged names then, and sold them now or within past couple of years......they would more likely sell in $,$$$ range or higher. just pointing out that, the later you come in the game....the harder it is to sell hand regged names, simply because there is "more competition" among domainers now, than it was then. additionally, the longer you've been in the game, the more you may start "asking higher prices for your names". but that too, is dependent on how sustainable your portfolio is, whether you have to sell or not, or even the number of names you can, or have to liquidate to stay in business. 3. if you're just hand-regging and trying to resell, it may be good to learn basic coding, as there are free websites with html editors to practice. I use notepad, but lot of folks use wordpress, to make their own "domain sales sites" or mini-websites around a niche' domain they've acquired. these/those kind of websites can also serve as 'proof/evidence' to any potential buyer that "you have plans to develop this or that domain name", to add weight on the "seesaw" :) Good Luck! imo... [/QUOTE]
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