Comments on: Domain Investors don’t rush in! There are sharks in these waters http://www.namecake.com/domain-investors-dont-rush-in-there-are-sharks-in-these-waters/ NameCake is a domain name broker and marketplace for some of the most interesting domain names on the Web Fri, 10 Feb 2012 03:26:06 +0000 http://wordpress.org/?v=2.5.1 By: Chris Desouza http://www.namecake.com/domain-investors-dont-rush-in-there-are-sharks-in-these-waters/#comment-187 Chris Desouza Mon, 27 Oct 2008 16:54:37 +0000 http://www.namecake.com/?p=691#comment-187 Gut feeling and risk is fine in the initial stages. I do neither. When you reach the level of expertise where you are 100% certain, you can't and won't fail. I may come off as a bit arrogant, but I do not make mistakes anymore. My acquisitions are so well researched, I have no choice but make a profit. Forget gut feeling and risk. Educate yourself to the point that you have a clear idea where the industry is headed specific to the name. Asking someone fore their opinions is useless. It just deflects your pace and direction. Become THE expert. You can't lose! Gut feeling and risk is fine in the initial stages. I do neither. When you reach the level of expertise where you are 100% certain, you can’t and won’t fail.

I may come off as a bit arrogant, but I do not make mistakes anymore. My acquisitions are so well researched, I have no choice but make a profit.

Forget gut feeling and risk. Educate yourself to the point that you have a clear idea where the industry is headed specific to the name. Asking someone fore their opinions is useless. It just deflects your pace and direction.

Become THE expert. You can’t lose!

]]> By: Matt Martin http://www.namecake.com/domain-investors-dont-rush-in-there-are-sharks-in-these-waters/#comment-178 Matt Martin Fri, 24 Oct 2008 17:09:39 +0000 http://www.namecake.com/?p=691#comment-178 Also Google banned domain check tool = ) Also Google banned domain check tool = )

]]> By: Jay Mahal http://www.namecake.com/domain-investors-dont-rush-in-there-are-sharks-in-these-waters/#comment-175 Jay Mahal Fri, 24 Oct 2008 10:54:03 +0000 http://www.namecake.com/?p=691#comment-175 some great points, I'd like to keep 'em in mind while doing some nex investments -:) Jay some great points, I’d like to keep ‘em in mind while doing some nex investments -:)

Jay

]]> By: admin http://www.namecake.com/domain-investors-dont-rush-in-there-are-sharks-in-these-waters/#comment-166 admin Thu, 23 Oct 2008 15:16:45 +0000 http://www.namecake.com/?p=691#comment-166 Hi Andy, I agree, most of domaining is about gut feeling and taking a risk. But that risk must be managed and minimised as much as possible, otherwise it's quite easy to find yourself in deep water without a liferaft. Most of my purchases have been a little more clinical, as i focused on a segment and knew the sort of thing i wanted to buy. Going forwards i'm keeping my gut out of it and using cold analysis until the current problems have passed. James Hi Andy,

I agree, most of domaining is about gut feeling and taking a risk. But that risk must be managed and minimised as much as possible, otherwise it’s quite easy to find yourself in deep water without a liferaft. Most of my purchases have been a little more clinical, as i focused on a segment and knew the sort of thing i wanted to buy. Going forwards i’m keeping my gut out of it and using cold analysis until the current problems have passed.

James

]]> By: andy http://www.namecake.com/domain-investors-dont-rush-in-there-are-sharks-in-these-waters/#comment-165 andy Thu, 23 Oct 2008 13:20:13 +0000 http://www.namecake.com/?p=691#comment-165 All great points to remember, and all so easy to forget. I think loads of domainers buy on gut feeling. This can pay divdends for sure. But gut feeling with doing reasearch surely is the best approach. All great points to remember, and all so easy to forget. I think loads of domainers buy on gut feeling. This can pay divdends for sure. But gut feeling with doing reasearch surely is the best approach.

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