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The Pitfalls of Domain Development

  • Release time:2013-04-13

  • Browse:3823

  • I can’t tell you how many domains I’ve developed for myself, but I can tell you that the number has slowed significantly in recent years. I’ve learned that domain development can pay off in some cases, but it can also end up being a waste of time and money.

     

     

     

     

     

    I can’t tell you how many domains I’ve developed for myself, but I can tell you that the number has slowed significantly in recent years. I’ve learned that domain development can pay off in some cases, but it can also end up being a waste of time and money.

     

    In this article I will compare domain name development to online business development and discuss why I think the latter is a greatly superior investment of your time and money.

     

    Domainers may know what it’s like to have dozens of projects and not much progress. Every domain can’t be developed and ranked well on search engines unless you have a team working for you. I propose that we should invest the majority of our efforts into developing one great domain into a great business.

     

    Nine out of ten businesses fail; so I came up with a foolproof plan — create ten businesses.” – Robert Kiyosaki

    What is the likelihood that your domain development project will succeed? I know that many of my own projects have hit dead-ends and were never sold or generated any revenue. Maybe those types of failures can be avoided.

     

     

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