A little earlier this morning I wrote on this blog and said: “The bottom line, THIS period will be your very LAST opportunity to buy really good quality domains. Once this period passes, it is off to the races as values today will double many times in the next decade. Oh, I forgot, most don't look 10 years ahead. They have strategies for the next 10 minutes. The next 10 hours. Some get all the way to the next 10 days. But if you walk and all you do is look at your feet, you will surely hit walls all day every day. Folks want to know how to have success, but when you lay out a road map as I have done on this blog for the past 2 years, they will do everything but read it and take the info for free.”
The chill comes from me watching the Today Show and Author Suzy Welch (wife of Jack Welch former CEO of GE) is on and she published a book called 10-10-10 that describes much the same theme. A book I never heard of until an hour after I wrote that paragraph. My jaw dropped. It’s just little things like this that I see as confirmation that I am not too far off in what I see, what I believe and how I approach situations and life. I just wish that everyone reading this would and could understand the unlimited power they possess. There is nothing I can do or say to hold you back. Only YOU can hold yourself back. No outside force can overcome your will. There is and will always be one obstacle in the way of each of us and it is how we approach things and how far down the road we look for the fallout it may cause or the rewards it may yield.
Rick Schwartz
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That is amazing..at the same time, I have to say I have a lot more respect for you and other domainers than Jack Welch.
I always wondered how an appliance company..(given they make some darn cool engines and medical tech too) could be like the best performing stock in history..GE. Well, as it turned out they were using an accounting trick from GE capital (levered 50 to 1) and passing pieces of the leverage off as earnings each quarter until it imploded and taxpayers had to bail them out..so the next time a crooked ceo or his wife write something about how fresh they are..it better be because they didn’t steal with a pen and they actually produced..
David Rosenbaum
Always a pleasure reading your thoughts Rick. Thanks for keeping us informed and hopeful.
David
Amanda
Great post as usual. I’m going to buy and read that book. And keep looking for domains that are a bargain.
Chris Kern
Great post Rick. Thanks for bringing this book to our attention. Having long term vision and a plan is usually one of the main cornerstones to any great success.