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Do Negative/Different Opinions Make You Feel Angry?

Posted on 10 December 2013 by Andrei

As a domainer or let’s say as an investor in general, if negative opinions make you feel angry… you’re doing it wrong.

Through this post, I’ll try to explain why.

I decided to write it because I’ve noticed that new gTLDs are starting to generate strong emotions on both sides of the fence.

On the one hand, lots of dot com enthusiasts get angry whenever someone says something negative about dot coms or the future of dot coms.

On the other hand, lots of new gTLD enthusiasts get angry whenever someone says something negative about new gTLDs or the future of new gTLDs.

As time passes, this trend will probably continue and in my opinion, both sides are wrong.

Why?

Because they’re getting emotionally involved.

Huge mistake!

As an investor, there are certain things you can’t afford to do and letting emotions take over is on top of that list for sure.

If negative or different opinions make you feel angry, you’re doing it wrong.

An investor shouldn’t take any of these things personally.

You should be calm, rational, calculated.

If someone says something that goes against absolutely everything related to the way you perceive the world or a certain industry, I understand that feeling angry will probably be your first reaction.

A good investor should, in my opinion, not let that first reaction get the best of him.

Sure, your brain and possibly every fiber in your body will tell you to distance yourself from different/negative opinions and only listen to the people who say things you agree with.

Lots of people do this, not just domainers.

Stock investors, real estate investors, precious metal investors, it doesn’t matter: most people are guilty of this.

There’s just one problem: most of them end up losing money due to their inability to accept negative/different opinions.

I used to be the same way, nobody’s perfect.

But as time passed and I became a better investor, I stopped taking things personally.

Nowadays, I’m actually on a constant lookout for people who have different opinions. I listen to them, analyze them and am genuinely willing to change my own opinions if the facts that are brought to my attention justify it.

At the beginning, it won’t be easy.

But as time passes, you’ll understand that adopting this attitude makes you a better investor and ultimately helps you make more money.

You’re welcome :)

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3 Comments For This Post

  1. Aaron Strong Says:

    It is best not to make a big life decision after the death of something close to you such as the sudden loss of .com. Therefore, I am unable to invest in any new gTLD…Just kidding, I am just .horse’ing around. In all seriousness, regarding the gTLD’s, I respect the “People” and “Process” just not the “Product”.(To paraphrase Marcus Lemonis.

  2. Domenclature.com Says:

    Domain investing needs both passion, and logic.

    You can burn my house,
    Steal my car,
    Drink my liquor
    From an old fruitjar.

    Do anything that you want to do, but uh-uh,
    Honey, lay off of my shoes
    Don’t you step on my blue suede shoes.
    You can do anything but lay off of my blue suede shoes.

    Well, it’s one for the money,
    Two for the show,
    Three to get ready,
    Now go, cat, go.

    But don’t you step on my blue suede shoes.
    You can do anything but lay off of my blue suede shoes.

    -Elvis Presley Blue Suede Shoes Lyrics
    Songwriters: CALHOUN, CHARLES E. / TURNER, LOU WILLIE

    .Com is our blue suede shoes

  3. Free Man or Slave Investor Says:

    Domaining is much more than investing.
    It is a battle for Freedom.
    Stand up men.
    Are you men firstly
    or are you more investors than men?
    Make your choice, people.

 
 
         
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