Invest in Yourself
Times are hard, banks and even countries are failing. Experts are appearing on news programmes explaining how everything has gone wrong in the world of finance.
Where were they when the banks were flouting sub-prime mortgages to people who couldn't ever afford the repayments?
Mortgages became the junk bonds of the 1990's.
Don't t hey ever learn?
Now our pensions are at risk, all because the banks couldn't follow the very rules they expect us to live by!
Are domains a safer bet?
To be honest, I don't know. Domain names can be lucrative, but I think it's what you put into the name that counts.
That means investing time and effort, which for a domainer is difficult, simply because a typical domainer has the attention span of a gnat. It's one project today, quite another tomorrow.
That means that in order to make any real monewy, the domainer needs to concentrate and focus on one or two names.
Not many of us can do that.
I do believe though, that domainers have a unique opportunity in being able to create something out of nothing.
The future of business is online. If not as an online business, then at least as a way of building an effective shop-front.
Now is the time to invest in your beliefs, as the rest of the world struggles and even fails. Now is the time to take those ideas that you've been having for the past few years and actually go out and BUILD something great on your names.
That's what I am trying to do. I'll be investing heavily in myself during the coming months. I hope to make my partners and I some serious money. Time will tell, but I can't trust anyone else, especially bankers, to do it for me.

1 Comments:
"Domainers have the attention span of a knat."
Finally the truth is out, yet many will continue to call it 'multi-tasking'...
I agree with you David, now is the time for domain holders to push all remaining chips into their own projects and stop speculating so heavily on wishful thinking and the 'end-user' fairy.
BE THE END-USER.
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