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Dear Domain Name, It’s not you, it’s me. It’s time to let you go!

Tuesday, April 24, 2012 13:33

Last night I made a difficult decision and sold my premium domain name to another Domainer.  I owned it for almost 5 years and not a single day went buy that I regret investing high $XXXX U.S. Dollars to acquire it.

The amount I accepted was not what I was hoping to get for it.  Domain names like the one I sold last night sell easily for $10,000+ to End Users.

It’s not easy to say “Goodbye”.   After all I had hoped to sell this domain name for $100,000 U.S. Dollars!

I wish I could say luck was not on my side but luck is irrelevant in the art of sales or in life.  When you sell a domain name for a nice amount, people quickly call you lucky!

“Lucky?” Did luck play a role in my success in turning a hobby into a profit? Is my Brother, Father and Best Friend unlucky for being diagnosed with a terminal disease? Am I unlucky for having half of my thyroid removed so I don’t get cancer?

Luck is irrelevant.  I spend the last 12 years and 4 months and 24.5 days investing time and money to learn the Art of Domaining. I flip Reg Fee expired domain names on a monthly basis and walk away with profit not because I depended on luck! Rather because I took the initiative to take the first step like everything else in life and chased a dream.

In high school kids laughed at me for dreaming big in life.  They referred to me as the dreamer.  Growing up being shifted from school to school, refugee shelter to shelter, country to country every 8-24 months for the first 18 years of my life was not easy.  Dreaming of a better life is all you have when you are born at the bottom!

I dreamed of a future where I would sell my premium domain name for $100,000 dollars.  My dream also had a backup plan “buying and selling expired reg fee domain names” on the side.

Instead of profiting $100,000 dollars from one domain name, I managed to sell an X amount of reg fee expired domain names and collect  $100,000 dollars in small amounts; ranging from $1-$995 per domain name.

Be realistic with yourself and don’t dream of winning a Million Dollars rather dream of making a Million Dollars.

If I had enough money believe me I would not have sold my premium domain name last night.  Sometimes in life we must make sacrifices!

Below is the letter I wrote this morning to my Premium Domain Name:

Dear Premium Domain Name,

It’s time to let you go, I tried for 5 years to make this work but it’s just not working out.  You’re too good for me; I think you deserve someone better.

 It’s just bad timing. I really like you.

I think we both know this isn’t working out. I feel we have grown apart and gone in two different directions.

It’s not you, it’s me! Good bye my Premium Domain Name

 

Until my next Domaining Article, Happy Domaining!

 

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9 Responses to “Dear Domain Name, It’s not you, it’s me. It’s time to let you go!”

  1. Sukh says:

    April 24th, 2012 at 5:59 PM


    Great insight into your world. Still on learning curve and hope to get there soon.

  2. Sukh says:

    April 25th, 2012 at 2:29 AM


    Hi
    Quick question, what is difference between Reg Fee Expiring Domain and Hand reg domain? I read this few places but not sure what each mean? I have rough idea but just want to make sure that I understand correctly.

    Thanks.

  3. Toronto Domainer says:

    April 25th, 2012 at 11:54 AM


    @ Sukh

    reg fee expired domain names are not worth more than the reg fee value = $10 value = registration cost

  4. DomainerDon says:

    April 25th, 2012 at 3:33 PM


    Thanks for the insight. Alas, just like in a relationship, timing is everything! Best of “Luck” to you!
    Don

  5. Picas says:

    April 26th, 2012 at 3:26 AM


    no doubt that never get 100 K from domaining investment then my dream is waiting for the next super jackpot …

  6. Mark says:

    May 31st, 2012 at 3:54 AM


    I love this blog! It is one of the most inspiring, honest, enjoyable, fun and motivational DN related places that side of Pacific.
    :) I live in Australia, so best regards from another side of the Pacific. Thanks a lot, Mark

  7. Toronto Domainer says:

    May 31st, 2012 at 12:14 PM


    Thank You Mark

  8. FlunkingDomaining101 says:

    October 14th, 2012 at 9:01 AM


    Ditto what Mark said, “inspiring, honest, enjoyable, fun and motivational!” I just found your blog today & it is great.

    And that “Dear John Letter” to your Premium Domain Name is a hoot! :) My “Dear John Letters” to my domains would have to read like this:

    “Dear Domain, I wanted you because I thought you were so cute & had a nice “ring” to your name which I grew to love. Unfortunately, after learning more about your Domain Family & their Business, I think that nobody else is going to think you are as cute as I did, & I can’t afford to keep paying “room & board” for you at the Registrar’s Office. Even though I will always have a special place for you in my heart of hearts (ie, in my “Let Expire” Folder), I must send you packing. With deep regret, I remain Sincerely Yours, FlunkingDomaining101.”

    :)

    On that tear-jerking note, what chance, really, is there for so-called “brandable” domains? (I know type-in generics are the hot ones. Wondering if you’ve ever bothered with brandables?)

  9. Toronto Domainer says:

    October 14th, 2012 at 9:41 AM


    @ FlunkingDomaining101

    I love your letter :) LMAO

    I own several brandables that are sitting and dusting in my godaddy account. It’s hard to sell them unless you own something generic (dot com). The highest offer I’ve received is $1800 which is not bad for a reg fee brandable! I own about 40 and only 1 offer!

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