In order for me to grow, I have to open my mind. I have to approach my business in different ways, take more risks, and be more aggressive. Here are the steps I’m taking from now on to evolve as quickly and efficiently as possible. Think of this as a “part two” of Three Steps to Domain Investing Victory in 2016.
As always, your results may vary.
Be Like Water.
Sure, I may not be Bruce Lee, but I do know how important it is to “be like water.”
In other words, I have to be open, fluid, and effortlessly adaptive to all things. Much like water to the shore, I must harmoniously share control with the “objects” that I come across, and most importantly I must stay in the moment, and wherever I can, ahead of it.
When applied to domain name investing, I invest in whatever I need to invest in, when I feel it’s time to invest in it. If I need to invest in 5L .com’s to grow a portion of my business, I will. If I need to invest in new GTLD’s to expand my reach, I will. Without any judgment, or ill energy towards it. Why? Because my goal is to grow.
To thrive in this business (or any industry at that), I have to be constantly growing by adapting and changing my approach so as always to align myself with the momentum.
Follow the money, and try to get ahead of it.
If money is the river, then I am ready to float down it. (Where is my beard floaty?) Whether it’s some bizarre combination of letters & numbers that are the new thing or some other non-dot-com domain name, I cannot limit myself by ignoring trends, and looking down on barrier-breaking new ideas. That equates to making sure I have the knowledge of rising and declining trends, and the cojones to spend the money in the vertical when the time comes. Especially when it’s still purely speculation.
Don’t be so judgmental.
I asked myself today “Did things make sense 20 years ago?” I highly doubt it. But there was surely some cast iron cojones around, and those are the people who saw the future, believed in it, and didn’t give two #$%^ what anybody else thought. They invested big money and saw significant results. The people who had judgments against them at the time are probably now eating through the insoles of their shoes.
Can you make money in the area if you invested properly in it? More than likely. I have. And I’m just some bearded goon on an island. I say if you can make money in it, do it. As long as it’s moral and somewhat legal… 😉
Keep moving forward.
If you fail, what do you do? Give up? Cry to momma bear? Ask her for soup and your bib? No. You man(or woman) up, learn from your mistake, and try it again. Get punched in the metaphorical face, get up, keep fighting, evolve, and grow.
I do not know what the future holds. So why limit myself willingly? Human beings push boundaries; it’s what we DO. So I am going to continue doing it.