Hosting & Domaining Forum

Domain Name Discussion => Domain Buying and Selling general => Domain Selling and Domain Sales => Topic started by: john45 on Jun 23, 2022, 07:52 AM

Title: Is your domaining business scalable or are you just fortunate?
Post by: john45 on Jun 23, 2022, 07:52 AM
I'm curious if you believe that your sales success is due to wise investment tactics, allowing the possibility for future growth if you were to start anew, or if you attribute it mostly to good fortune.
Personally, I still lean towards luck playing a significant role and feel that there's much room for improvement.
Title: Re: Is your domaining business scalable or are you just lucky?
Post by: Sarpedon on Jun 23, 2022, 08:09 AM
In my opinion, "Luck" is merely a structured process. Our initial and subsequent sales occur as a result of learning and following a set procedure. Once we recognize that this process yields positive outcomes, we continue to repeat it, a concept known as Scaling Up.

Consistent repetition of the same procedure over time produces more consistent and substantial results. Essentially, there is no such thing as luck - it's all about learning, execution, evaluation, and repetition (PROCESS).
Title: Re: Is your domaining business scalable or are you just fortunate?
Post by: Valerya on Jul 16, 2023, 04:22 AM
The scalability of a domaining business depends on various factors, including market demand, availability of valuable domain names, and effective marketing strategies. While there can be success stories in the domaining industry, it is important to note that it also requires expertise, research, and a deep understanding of the market trends.

While luck can certainly play a role in finding highly valuable domain names, sustained success in the domaining business generally comes from a combination of skill, knowledge, and a well-executed strategy. Being able to identify and acquire valuable domain names consistently and turning them into profitable investments requires a systematic approach and continuous improvement. So, while luck can have an impact, it is not solely responsible for business success in the domaining industry.