Domains to Flip and Domains to Keep. Imperative to Know the Difference!

Morning Folks!!

There are domainers that really play the game well and do well. They can spot a $100k or $1MM domain from the Goodyear blimp. Yet others are so busy flipping that they are unable to distinguish the domains to keep. These folks will always work harder. But if they slowed down just a bit, they could work smarter too.

First of all the domain game will never be over until the Internet closes down. So you can get into domaining on any given day and make your fortune. Now I said GET IN on any given day. I did not say GET OUT. Investing is a time game. And you don't need money. You need to buy time. You can get the rights to a domain of great value for a period of time and focus your energy and make some $$$ when you flip. You can target specific domains to flip that you don't even own. There are so many ways and so few have the time to think about that. They always have time for a knee jerk reaction. But going deep. Thinking it all out. Having a plan. Forget about it. Some folks are in too big a rush to fail that they look down at success.

What gives a domain  value is when OTHERS have a need and use for it. When MANY OTHERS have a need and use the value is even higher.

Keywords are important because so many folks have a need, want and desire for them. The more words before and after the keyword is what limits that need. However it could also increase that need if the other word is the perfect match. The extension counts. Gold vs Tin. And folks, Tin, does not just overnight turn  into gold.

Domain game for me is kind of seasonal. I go out, grab my domains and then like a bear, bury them for the winter or winters. I gather and collect. The last thing I think of is eating them. I want to plant them so the fruit it bears can feed me forever. If you pick right there is one mere thing between a $1000 domain and a $100,000. It's called time. Plant the seed. Germinate the seed. Water the plant. Tend to it as needed. Be amazed when it grows into a huge tree and un-amazed when there is a forest. Read that one again!

You have to get out of your comfort zone to change your life. You have to challenge yourself and not be afraid to be challenged. You have to be courageous enough to dare yourself to do things you have never done. Thoughts have to be married with action. Action has to be made by well thought out and good decisions. We all have opportunity crossing our paths each day. Most don't see it so they can't seize it and it drives me crazy sad for them.

Rick Schwartz



9 thoughts on “Domains to Flip and Domains to Keep. Imperative to Know the Difference!

  1. Jeff

    A time to flip and time to hold. I don’t disagree with you a lot but the middle of the market is falling apart. DEAD! When no sales are happening, guess what? No cash. Now I am at crossroads and may not attend Traffic and do a loss. My 2 cents.
    It takes a toll on families when no sales happening. I tried building type in traffic today, that wont help me weather the storm. Now looking for a part time job and I am downsizing my portfolio.

    Reply
  2. Pat W

    Incredibly great information and / or rules to follow. Written out in simple order and right to the point…
    Thanks much for sharing and very much appreciated !!!

    Reply
  3. Mike

    Awesomely said! The analogy is genial….TIME is the very difference between eating your grain right away and planting it– waiting until it multiplies. That is the greatest, and simplest, lesson I ever attend from you, domain king! Many thanks…

    Reply
  4. Adam

    I think the carrying is what kills people. People who can’t afford to carry and get in to the investment thinking the investment is now their job. If you’re getting in as a job then don’t make investments. Flip without money in . If you are investing, quit flipping. I’d guess my average hold time is at least 2 years . Most of those names weren’t making enough PPC money to live on

    Reply

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