Rick Schwartz has been tweeting non-stop in the past few days providing very important tips and lessons about domain names.
Here are Rick Schwartz’s 10 lessons in domaining so far:
Lesson 1: If you give a price, YOU LOSE!!
Lesson 2: If you give a counter-offer just cuz they made an offer, YOU LOSE!!
Lesson 3: Don’t negotiate. That’s when you turn it into a conversation.
Lesson 4: Don’t do REASONABLE, Don’t do CURIOUS
Lesson 5: Don’t wet your pants.
Lesson 6: Don’t be sucked in by BS and shiny object chasers.
Lesson 7. A #DomainName value is Fluid. Don’t be anxious to price a unique asset.
Lesson 8. Sales is about buying. Buy shit, get shit.
Lesson 9: Invest in dotcom.
Lesson 10: #DomainNames that are easy to spell are easier to sell
I made the post today but I don’t know yet how many lessons there will be. He keeps adding more! 🙂
Rick also talked about his sale of the domain name GoBet.com for $850,000 and his refusal to set a price for 18 months!
If you give a price, YOU LOSE!!
It took me 18 MONTHS to even give a counter-offer on GoBet*com
My only response was no, no, no, hell no, don’t waste my time, no, no, no way.
— Rick Schwartz 👑 The DomainKing® 👑 Since 1995 👑 (@DomainKing) January 5, 2021
To read Rick Schwartz’s individual tweets on the 10 lessons above and to read future lessons you can follow him on Twitter.