First of all, I’d like to congratulate Mike as well as GoDaddy on the sale, deals like this one are great for the industry IMO.

I’m happy Mike dramatically reduced his daily stress level and this brings me to one of the things people don’t talk about very often: the hidden costs of domaining or the toll domaining can and will take on your life.

As a domainer, you don’t have to perform physical work, you’re not exactly digging ditches.

But does this mean domaining is a “lightweight” occupation?

I assure you, it does not.

In fact, domaining is the exact opposite.

I say this time and time again: this industry isn’t for everyone and most people greatly underestimate just how difficult being a good domainer is.

The stress associated with negotiations.

The deals you lose, the deals you nail.

Whether you realize this or not, these things take their toll on you and if you’re not careful, the law of diminishing returns kicks in.

Mike isn’t old, he isn’t even 60 yet but in my opinion, taking a step back is a good decision in his case.

Did he leave money on the table? I’m sure he did… so what?

There are studies upon studies which prove that as of a certain point, money isn’t *that* much of an issue. Again, diminishing returns. Why work let’s say three extra hours per day when this lifestyle change would affect your physical as well as mental health quite a bit, without giving you that much of a happiness boost?

You only live once and I’m sure Mike has more than enough cash to live the life he deserves.

Sometimes, taking a step back and making decisions which don’t necessarily involve maximizing revenue is the smart thing to do.

Just something worth thinking about.