Are You A Grumpy Domainer?

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From time-to-time I encounter what I like to call a Grumpy Domainer. A Grumpy Domainer is someone who has had a bad experience with a particular company or part of the Domaining world and uses this experience to generalize about the industry. Here’s an example – suppose you hand-register 100 domain names assuming you’ll sell them and become rich. You quickly find-out that selling Domains isn’t as easy as it seems, drop everything and decide that Domaining is a waste of money. Here’s another example – you get inspired by development and build-out five of your domains – after one month they aren’t making any money so you throw in the towel and assume there’s no money to be made in monetization.

What’s wrong with both of these scenarios? A potential Domainer was turned to the dark side (i.e. became a Grumpy Domainer) because they quit. They expected Domaining to be a great way to get rich quickly…and they were wrong. Now let’s look at a lot of Happy Domainers out there – leaders in our industry like Rick Latona and Sahar – they work hard, come-up with great ideas, and when they fail, they pick themselves up, dust themselves off, and come-up with the next great idea! Rather than expecting instant results they know that it takes time and hard-work to make money in this industry.

Now let’s talk about our friend the Grumpy Domainer again. Grumpy wants to see quick returns, Grumpy wants to flip domains they buy for $1,000 for $10,000 or more with little or no work, Grumpy just wants to put in a few hours a week and get passive income for life.

So what’s the big differences between the Happy and Successful Domainer and the Grumpy UnSuccessful Domainer?

The Happy and Successful Domainer works hard, knows that every idea won’t work-out, but never gives-up and through it has made good money and developed a solid business. The Grumpy Domainer never sticks around long enough to find-out if they would be successful in the industry – if it doesn’t work right-away they give-up. The Grumpy Domainer could tell you stories of all the stupid business ideas they worked with and how none of them make any money.

Okay – at this point you’re probably saying, “Morgan – what is the point of all this?”

The point is this.

Take a step-back and ask yourself, “Am I a Grumpy Domainer or a Happy Domainer?”

Attitude is 99% of it folks and if you can’t put in the blood, sweat, and tears the rest of us do to make money in this industry then you’re going to be a Grumpy Domainer forever! There is still more than half of 2010 left – what are you going to do to make this your best year ever?

{ 6 comments… add one }

  • Troy May 18, 2010, 2:26 pm

    Um… your example of “Happy Domainers” are not really domainers anymore, they are people that sell products or services to domainers.

    Perhaps that could be a lesson to all of us=)

    Reply
  • Morgan May 18, 2010, 2:53 pm

    Thanks for the comment @Troy but Rick and Sahar both make a fortune from Domains themselves. Rick through brokerage and his own portfolio and Sahar from his own portfolio…don’t forget that these guys own some killer domains that produce passive income for them.

    I know plenty of “Happy Domainers” that make a nice income from Domains and I include myself in this group 🙂

    Reply
  • michael cromarty May 18, 2010, 5:55 pm

    I want to be a happy domainer but its still my first couple of months so i’m the unhappy domainer that wants to be happy domainer but is growing and sticking to become the happy domainer tehe

    Reply
  • Mike May 19, 2010, 9:09 am

    Its not the hard work, or the trying of ideas that fail from time to time, that makes me grumpy. This grumpy doesnt flip. This grumpy hand regs and sells to end-users only. This grumpy doesnt resell to other domainers for a tiny fraction of what the domain is worth only to have that domainer turn around and flip it to an end-user. Nothing written this far makes this grumpy, grumpy.

    Instead, its the complete lack of transparency and honesty with large companies like Godaddy, Afternic, Sedo, etc. Dont DARE ask them a question about the PPC, its origination and for metrics. The dancing around the question, the complete ignoring of the question – its SO CLEAR. Shame on us for wanting to know where the traffic is coming from. Shame on us for wanting to know that the traffic IS what they say it is. That it can be verified and cross-checked. Shame on us that want accountability and standardization across this industry. Ever get those notices that say “Our feed provider is slow to provide statistics for May 17….. Sorry for the inconvenience….”? Every time after that happens the PPC numbers sink even more. Nothing like a gigantic black hole to make you all warm and fuzzy inside, eh?

    Dont ask them to test their software before installing it for use by tens of thousands or more. Dont ask them to even think for a moment that domain sales can happen at any time. The 9-5 Eastern Standard Time business operations just doesnt work with Domainers. If their software screws up and you cant sell a domain because of it, you better hope its not 6:20 PM EST on a Friday night or else you’re not going to get a response from them before the next Tuesday morning IF you’re lucky.

    I will not stop being grumpy until the domain name world begins to police itself more like the physical real-estate world (which, by the way, I dont complete enjoy dealing with either. They’re just like car salesmen but for stationary objects with longer long terms).

    Reply
  • Logan May 19, 2010, 8:49 pm

    So, um, Mike, why are you even in the industry? Why not just bail out and move on to something better?

    Reply
  • Guilord October 22, 2015, 5:39 pm

    no worries deteiifnly not offending me. I love comments and have no problem having a good dialog with any of my readers so don’t worry Never thought you were attacking me in any way so don’t feel bad just a good discussion!!I do agree with what you are saying about traffic spikes but don’t think that Kayaking is affected by this at all. Your Super Bowl example is interesting but still not quite right. During the super bowl the search volume for the long-tail super bowl increases but there isn’t an increased search volume for the term bowl on its own. I think there are deteiifnly examples of traffic spikes and I see them a lot with my tax-related names around tax-time. Still I know for a fact that this kind of spike or behavior isn’t happening with kayaking and for 99% of the search queries Kayak.com and Kayaking.org aren’t even on the same page so it actually wouldn’t even be possible for a user to click. The same goes for bowls.com if super bowl is getting a ton of searches it doesn’t mean that bowl.com and superbowl.com will show-up on the same page. What you really want to look for is domains that have the same keywords and show-up on the same page, then I think you’d see the behavior you are talking about. Thanks again for the comment and never hesitate to share your opinion that’s what my blog is all about!

    Reply

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