Starting out right in domain investing is crucial. I’ve seen many make mistakes, so let’s learn from them. Here’s what I’ve discovered:
- Learn First: Knowledge is power. Study and differentiate good from bad domains.
- Invest Wisely: Only spend what you can afford to lose.
- Collect Ideas: Keep lists of potential domain names.
- Use Your Expertise: Stick to niches you know.
- Keyword Lists: Maintain lists of desired keywords.
- Visualize Use: Imagine how a domain would be used.
- Quality Over Quantity: Choose quality domains.
- Seek Opinions, Trust Yourself: Get feedback but rely on your judgment.
- Know Your Competition: Be aware of similar domains.
- Seize Opportunities: Be ready to make a sale happen.
Remember, it’s about laying your cards on the table and putting together a winning hand for both parties. Be consistent and determined. And, if it doesn’t work out, don’t be afraid to walk away.
That’s it for now. Remember, domain investing is about the long game, so choose your gems wisely!
