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Saturday Musings - Domaining is Like Baseball
Last night I had a great time going to see the Dodgers play the Padres in baseball. I must admit that I don't really know much about the game but it was a heck of a lot of fun. What really struck me about the game was just how similar it was to domaining.
The bases are like the four primary domain business models; traffic domains, stock item domains, high value domains and domains for development.
Just like domains everything was about the stats. In fact, I found the stats being posted about each player somewhat bewildering for someone that really knows nothing about the game.
The helpful people sitting behind me explained a whole lot about why the Dodgers really should win.....sadly they didn't. For me, their help was like attending a domain conference. You won't believe the number of people that will help out "newbies" in their exploration of the domain world.
The similarities between domaining and baseball don't stop there. The batter seemed to be all by themselves as they faced the onslaught of the next pitch. Most domainers are loners and work from home and each one of us is trying to knock the "domaining ball" out of the park.
I could go on and on why domaining and baseball are similar to each other but many of you that know the game maybe able to provide much greater insight. In the meantime, I'm almost late for my next meeting....cheers!
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Michael Gilmour has been in business for over 32 years and has both a BSC in Electronics and Computer Science and an MBA. He was the former vice-chairman of the Internet Industry Association in Australia and is in demand as a speaker at Internet conferences the world over. He has also recently published his first science fiction book, Battleframe.
Michael is passionate about working with online entrepreneurs to help them navigate their new ventures around the many pitfalls that all businesses face. Due to demands on his time, Michael may be contacted by clicking here for limited consulting assignments.
Comments
I am just a laid back Aussie who started investing in domains in 1999 but didnt get real serious until 2008 like many of my colleagues.
From investing in over 3000 domains albeit building 500 websites I now have just one last major project domain development. After 2 years from the workbench to global launch in just 2 weeks.
The web is barely a quarter of a century old. It is still in its infancy, and we have yet to see it’s real potential. Many make claims that the internet will not last, that it will be gone one day… “you’ll see”… Let’s be honest, aside from a worldwide (pun intended) catastrophe that causes a global meltdown and sends us back to the stone age, the web is not going anywhere.
Do your quick flipping, make your fast money. No problem. But make sure you start investing in the future too. If you don’t, I guarantee you will regret it. For every ten(or however many you choose) domains you flip, invest the profits into one amazing, short .com. Put those names in a lockbox, and be very patient as you will surely “hit the jackpot” in the long run.