On the one hand, picking amazing domains (”the one”-type domains that can change your career/life) is definitely not easy, it’s basically a combination between an exact science and an art. However, you’d think at least staying away from awful domains should be easy enough but the truth is, it isn’t.
If you don’t believe me, take a look at forum appraisal threads for example.
I could pretty much guarantee that out of 50 threads, 90%+ will leave you scratching your head in a “what on Earth was this guy thinking?” manner.
Again, in theory, staying away from awful domains should be easy enough.
Experience however teaches us that it’s just not true.
Most beginners end up spending their money on domains with no potential whatsoever and are then disappointed by the fact that it’s renewal time and they didn’t even have one inquiry (… and obviously no parking revenue either).
It’s downright fascinating.
Through my blog, I try to constantly educate people.
But some people learn, some just don’t I guess.
I could publish an extremely in-depth article today and wouldn’t be surprised if tomorrow, one of the people who reads it ends up registering or buying domains that go against absolutely everything I wrote.
Again, you’d think that at least staying away from the obvious money-drainer domains would be easy enough but as I mentioned previously, spend a few minutes reading appraisal threads and you’ll realize that it’s not the case.
Fortunately, there’s hope.
Let’s be honest, we all had our “what on Earth was I thinking?” purchases but what separates successful or even moderately successful domainers from everyone else is their ability to learn from their mistakes, to be honest with themselves and admit they screwed up royally
If you live in denial and blame external factors like the market, the financial crisis and so on for your mistakes, you won’t be able to become better.
Is staying away from bad domains easy?
Experience has taught us that no, it’s not.
Making such mistakes as a beginner is excusable, nobody’s perfect.
Not being willing to be brutally honest with yourself in order to learn from mistakes however is no longer excusable.
In this industry, you get a second chance.
Maybe even a third and a fourth.
But if after the 971st chance you’re still not learning, you and only you are to blame.Advertisement: DomainingServers.com lets you host UNLIMITED domains at $0.98/month and we're putting a LIFETIME money back guarantee on the table (if you're not satisfied, we'll issue a full refund). To place an order, click HERE.