New Directions for Domains, Domainers, and Domaining
10 Mar
A few days ago I commented on how some see this business of domaining and how some see domaining as domaining. And thats that.
Many in the domaining venue can not see that the two, business and domaining, are connected. Honestly, I about fell out of my seat when I read a post on a forum a few days ago from someone who wanted to hire a broker to buy some domains for him. When a couple of respondents wanted to know what was his strategy he really did not have one other than the fact – he wanted to buy domains. A member responded that he should study the market and find out more about what is a good investment vs. getting ripped off, the post originator said he did not care to learn a thing about it and was not going to put any effort into learning and that is why he wanted to hire someone to do it for him.
Can you imagine the risk of hiring someone to make an investment for you without knowing anything about what you are investing in? Where have I heard this scenario before? Oh, the US economic meltdown.
I do not let another blogger inspire or influence me even though I read another blogger. And truthfully, this is rare. I am one of those people who do like to read and form my own opinion and original thoughts. It does not matter if others agree or not or if I am on the same page.
There were too posts today that caught my attention as they were directed to from other sources.
Rick Schwartz asked, Are you a “Domainer” or a “Businessman?” in his post today.
Today Elliot Silver stressed, Incorporate What You Know Into Your Business.
Some reading this are going to wonder why all the talk about business this and business that.
Alright, so you are in the domain business.
Now what?
Saying that you are in the domain business does not mean you are a business person. It means you own some domains that you want to sell. It could be any number of domains from one to one hundred thousand.
If you are not willing to learn about the business of domaining and you have nothing to offer other than a domain or two, then you made a serious mistake getting into the business of domaining.
There are two distinct concepts here for you to wrap yourself around – the domain business and the business of domaining.
More of that on another day.
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