There are many qualities of successful domain investors.
Last Friday, a guy who builds micro Saas businesses posted on twitter that “i’ve never met a really smart person who sells domains for a living”.
Looking through this person’s twitter feed, it seems that he spends much of his time trolling various types of people. And it works, with people like Rick Schwartz responding.
While I’m sure this guy is upset that a domain he wants is owned by someone else, I got to thinking: do you need to be smart to be a domain investor?
You don’t have to be smart to do a lot of stuff. When I think of the best domain investors, ‘smart’ isn’t the first adjective that comes to mind. I don’t think they’re not smart, it’s just that smarts is down the list of adjectives I’d use to describe them.
Instead, I think:
- Hacker (in the figures-stuff-out sort of way)
- Good salesperson
This doesn’t describe all domain investors, but I think these skills are important for investing in domains or starting any sort of business.