I wrote a post a couple days ago about what it’s like being a full time domain name investor. Just to be clear, I have never been a full time or even part time domain investor. I’ve actually only had two jobs over the last twenty years – I have worked for a startup (Sonos) and now run a startup (Bold Metrics). I probably see myself staying in the startup world for the foreseeable future, I just love building things and being around the creative energy of other founders.
That being said, I’ve put more money into domain names than I have into the stock market or real estate and I know a number of people who invest in domain names full time. I think one of the biggest challenges domain investors have is the negative stigma that surrounds domain investing.
If you invest in stocks, bonds, mutual funds, real estate or startups, people normally think that’s pretty darn cool. If you invest in domain names, a lot of people have some choice words to say about what you do. One of my blog readers chimed in on my post about full time domain investors and said the following:
It’s tough to hear things like this, but it also highlights one of the big challenges that I think full time domain name investors face. They have one of the few professions where people might hate them after they tell them what they do. Outside of being the person who repo’s someone’s cars there really aren’t that many professions out there where you know that some people will think of you as scum.
I know so many incredible people who are full time domain investors, they are amazing parents, partners, and people who give more to charity than just about anyone I know. They’ve had to deal with some pretty harsh criticism over the years for the career path they’ve taken, it’s tough.
That being said, I think anyone who does decide to go full time in the domain investing world should know that there are a lot of people like Rob out there and it’s pretty much impossible to get them to change their mind.
Do you think this stigma will go away over time or will domain investors always have to deal with angry people like Rob who think of them as “garbage middlemen” – I want to hear from you, comment and let your voice be heard!