I let all my 6N.com drop this past month. (I say this because I see a large amount of 6Ns dropping and getting bids today) It was an expensive lesson learned. I actually sold a big group of them on Godaddy before they completely became worthless but it was still a whole lot less than what I paid. I figured it cost me about $10,000 in 6Ns. Bringing my total loss in the .ws debacle and the 6N disaster to about $30K in total. A lot of money. But that is part of this domain journey. It’s a risky journey. You don’t make money without taking some risk. Fortunately I’ve made 10 times that over the years. Often with the same type of risk. I made a lot more than that on my 4N.coms. I only say this to make me feel better and to let others know that with the successes will come failures. The key is the successes have to be more often and/or bigger than the losses. The risk also has to be a percentage of bankroll that allows you to keep moving forward if all goes to hell.
The biggest lesson was not the financial impact but the emotional impact. People were ruthless. It no longer bothers me but it did then. Not only was it a financial failure but it defined me to many people in the industry. It taught me that people love failure and dwell on it. I had to learn not to. But I am still here. My portfolio is stronger than ever and since that time I’ve added some great names and had consistent sales. Nothing that’s going to make the charts but singles that are driving in runs. I’m not going to stand here and say I came out the winner because this isn’t a domainer vs domainer thing. We’re all trying to achieve the same thing. Profits. I support anyone trying to make a go at this domain investing thing. But I don’t expect everyone to support me. But I have found those that do. If you find those people, make sure not to take them for granted because those that support you are an important part of the journey.
On a side note. I have no idea who I am bidding against on Godaddy. Although I still am a believer in that it doesn’t matter. I’m either willing to pay the amount or not. I shouldn’t need to make my decision based on another bidder. But of course I want to know because I’m curious like that. Today it really depended on what screen I looked at. Sometimes it was bidder 16, on another screen the bid went to bidder number 2.
Either way I didn’t buy it but I do love the name. I hindsight I wish I would have kept bidding. Here are today’s names. Click through to see the current price
Quote of the Day: “Don’t let off the gas in a turn”
Domain of the Day: ShoeVault.com Zero percent chance this stays under $100. But zero bids right now
Namejet and Sedo Names and Others
DailyBet.com Depends on reserve but sports gambling eventually is going to be legal in the US which will fire up the sports betting names. My opinion only
JX.de Still sitting there super cheap
Fever.co.uk Top bid getter in the Sedo .co.uk auction. Surprised how many names are getting bids
Shaver.co.uk Another nice name. Everyone shaves. Well most do
PortableGenerators.com There is no better time to realize the value of these then exactly what’s going on in the south. Hurricanes. These things are like gold when the storms come
RVAccessories.com So popular there’s even a house hunters for RVs. And when you have them you have to add all the goodies.
TradeAdvisors.com Sounds like they know what they are doing. Of course if they were REALLY good they would just trade and not advise
SportsConsulting.com If this is what you do then you gotta have this name
BlackMoose.com Easy logo. Shadow of a moose
Godaddy Domains That I Like With Multiple Bids
TheSite.com Leading Godaddy names in price and bids. Not a site. THE site. 22 years old but I guess that doesn’t matter anymore
Zutech.com You could put almost and CVTech.com name up and it would get bids
LifeCompass.com Couldn’t we all use this? Lead us in the right direction
CollegeRocket.com Brand people like the term rocket
RealGame.org eSports names are hot. Even dot orgs
CatsWhoThrowUpGrass.com Probably the funniest name I’ve seen that actually had 15 or more bids
SexYoga.com Because you know there is such thing
111818.com Not all 6Ns are worthless. This one is getting fantastic bids
TheNutjob.com Crazy or porn
Qoft.com Some are going to say this is pronounceable
PackLightly.com Great travel name. I may bid on this one if it stays on the cheap side
SBXF.com The mighty CHiPs have fallen but I never wanted them anyway. X in the middle is tough in Western Language
EquilibriumFans.com Don’t know what it is but I feel like its going to spin real nice. 12 year old name
ArtisanSupply.com Artisan sounds so much nicer than “made in my basement”
PlanetBlockChain.com For everything blockchain. Not that anyone really knows what blockchain is
ZippySpot.com I knew people would like this. Because they like saying zippy
TrustedVerified.com Internet trust is a big business
Godaddy Domains With No Bids
Printer.ws Just kidding
QualityTrans.com Transportation, transmission, or boy to girl, girl to boy
CaliforniaDeerHunting.com They hunt deer in every state
GrumbleMonkey.com Probably no value but sure a fun brand
ExtriemeExperiences.com Same here but good name for a company that offers zip lining and things that are “extreme”
DriveItHomeToday.com Solid marketing name for a car dealer for $12
LastChair.com Means worst player for that instrument for band geeks. They would think its funny if you don’t
LadyPads.com “Your source for direct to your door lady pads”
Strollex.com Good looking brand. Stroll or move
TrustandTruth.com Rare
ThePowerofFaith.com Not anything more powerful
MMABets.com Big enough sport you could specialize
GlobeWriter.com No bidders. Makes me think of travel writing
Holgar.com In spanish its means “to take it easy” but makes a nice short brand on its own
OTHER Godaddy Domains With Bids
ActivateMyVanillaCard.com
App4mm.com
AutoMaxGreatDeals.com
Aynil.com
BasilMomma.com
BeaconChildcare.com
BellyDanceClasses.net
BikiniCarwashOrlando.com
BlandonDental.com
CanadaEscorts.com
ChatBrasil.mobi
CoupleLookingForThird.com
DreamBoxStore.com
EverydayMaternity.com
EveryProxy.com
FestivalDesArts.org
FountainPublishers.net
FungusTerminator.com
GAJB.com
GnarlyGnails.com
HabanerosMexicanBuffet.com
HappyBidDay.com
Harrisstratex.com
HedonismSalon.com
jandmcash4cars.com
JollyGoodThemes.com
js9888.com
KAHJ.com
Kangismet.net
kcamupdate.com
KeylargoMiniStorage.com
KinkyFamily.net
LadyEternity.com
LandscapingModesto.net
MagaMobile.com
ManagedLand.com
MartiferSolar.com
MassiveDynamic.co
meilleursprenom.com
Mobility-Scooters.org
MrSun.us
NajaFashion.com
OldMatureVideo.com
OneClickIPTV.com
OneCoolGift.com
Pacific-Travel-Guides.com
PlusPrank.com
Sapien.net
SchoolCofe.com
ScrapVillage.com
SearChinMobile.com
SinKaka.com
SSNInsider.com
stdclinicsnearme.info
StepNow.org
Tech24.org
TechBlogLife.com
Tempest.net
TheHuanSolution.com
TheLastShip.com
VideoDownloadX.com
WaveFrontac.com
WelcomeToCompany.com
WynnePres.org
YRZA.com
ZorrowStream.com
A HUGE Group of Numerics Dropping (Here you go Morgan)
136758.com
716615.com
716618.com
716619.com
716625.com
716626.com
716627.com
716629.com
716635.com
716637.com
716638.com
716639.com
716656.com
716657.com
716659.com
716675.com
716676.com
716679.com
716685.com
716686.com
716687.com
716689.com
716695.com
716696.com
716697.com
726656.com
726657.com
726658.com
726659.com
726675.com
726676.com
726685.com
726686.com
726689.com
726696.com
726697.com
726698.com
736615.com
736616.com
736617.com
736618.com
736619.com
736625.com
736626.com
736628.com
736629.com
736635.com
736638.com
736639.com
736656.com
736657.com
736659.com
736675.com
736676.com
736679.com
736685.com
736686.com
736687.com
736695.com
736696.com
736697.com
736698.com
756659.com
756679.com
756685.com
756686.com
756687.com
756689.com
756696.com
756697.com
756698.com
786635.com
786636.com
786659.com
786675.com
786676.com
786685.com
786689.com
786695.com
786698.com
796635.com
796636.com
796638.com
796639.com
796656.com
796657.com
796658.com
796659.com
796675.com
796676.com
796685.com
796686.com
796687.com
796695.com
796698.com
991288.com
993499.com
“What other people say about you is none of your business”.
You usually have to go through hell to learn this important lesson.
As for domain mistakes, you just need to average better, win more than you lose. Take swings that won’t take you out in case you miss, and if you find something that works, double down.
Great advice Michael
I think the Bidder 2 vs Bidder 16 is just a UI bug. The names are obfuscated away, so the code on the Auction detail page might be different from the expanded dropdown. But then again … if they’re going in order of bidders then I’d imagine they should be the same :thinking_face;
In an industry characterized by sales reports that fail to convey the hundreds of hour of work and thousands of other, unsold, domains……. It’s nice when someone has the courage to admit they made a mistake and took a loss and that even successful domainers have their failures. Even big ones.
I too took a loss on 6Ns after holding off for months and then drinking the CHIP kool aid just before the peak. The fact that my losses were minor in comparison to yours and others is the only consolation.
Thanks for being real and putting it out there.
Thanks Benjamin and Keith for the kind words. Some of my best stories were failures 🙂
It must be something in the water today……. Just read Rick’s blog (you know, the Hate nGLTDs King?) and he writes:
“I did prove to be a moron myself when I bought into .Mobi. I had a lot of company at the time. lol Remember, when I bought Flowers.mobi I was bidding against several bidders that went to $150k and one that went to $195k. But when I think back, that may have been a cheap lesson. Look how much I saved not buying into the GTLD .CRAP!!”
Mistakes. We all make em.
Appreciate Shane being open and honest about successes and failures…everyone has purchased domains that didn’t work out. Most of us just aren’t as transparent about the loser domains and only talk about the winners. It’s unfortunate that some look to tear down instead of build up. Not sure if that is driven by jealousy, insecurity, domain envy, etc….
Thanks to Shane the the DSAD team Aaron, Travis, and Josh for consistently putting out useful information. It helps us all become better.
It’s nice to see honesty…