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“The First Man Gets The Oyster…

the second man gets the shell.
Andrew Carnegie.

Today marks the 4th year anniversary of My Trip To Domainland. 4 years ago I concluded a four figure deal on a domain name I’d owned for years. I bought it for a vanity video site where I planned to host my collection of off-beat backstage band banter and inanity. I’d invite other people to host their behind-the-scenes band craziness. It was named after a scene in Spinal Tap. It had absolutely NO generic value. In one of those Black Swan coincidences, a fellow had built a network of domains around one of the keywords and he needed my domain to flesh out his by now successful empire. Yesterday I did the math, and in dollars only, certainly not hours, it turns out I’m about $2k down from that initial domaining seed money. Apart from my domain flipping on Ebay experiment [Fail], I have not sold a single domain–the type of transaction that got me into domaining four years ago has never repeated itself. Certainly I’ve had a few offers, but they were LAME.

So am I getting out of domaining? Am I frustrated and miserable and full of loathing for Domain Kings, Magnates, Experts, Flippers, Whizzbangs and otherwise? Not at all! The fact is I still LOVE domaining! Really, don’t ask me why, I’m sure I don’t know. It’s got something to do with words. Something to do with collecting. Something to do with the potential for huge profits. Domaining gives my over-active imagination a productive place to play.

Which brings me to the question… Is Domaining (for me at least) a hobby? And am I okay with that?

Wikipedia: A hobby is a spare-time recreational pursuit.
“Hobbies are practiced for interest and enjoyment, rather than financial reward. ” Certainly in my case. “Examples include collecting, 300+, I like them all creative and artistic pursuits, Photoshop chops! making, tinkering, mini-sites! RSS feeeds and adult education I don’t think they mean that kind of Adult. Engaging in a hobby can lead to acquiring substantial skill, knowledge and experience Yes, but try to keep quiet about it at parties. However, personal fulfillment is the aim of course,  oh, and boatloads of cash somewhere down the road.
What are hobbies for some people are professions for others You know who you are. Generally speaking, the person who does something for fun, not remuneration, is called an amateur (or hobbyist), as distinct from a professional Elliot is a professional I’m not.

It is easier to turn a Hobby Business into a money making opportunity because the driver is passion and to some degree obsession. Turning your passion into a business say for example in arts and crafts domaining, a home studio internet connection and a credit card is all you need; a space to be creative exactly! Gift shops blogs, specialty stores SnapNames, galleries and arts cafes Sedo are the best avenues to exhibit and sell artworks, pottery, woodcraft, sewing craft domain names, web and  mini sites .

So maybe you weren’t hanging out in the (mostly porn and gambling apparently) forums back in the 90s and so didn’t get hip and grab yourself  a passel of generic category domain names. Don’t beat yourself up about it, relax!– domaining is fun, enjoy it.

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2 Comments

  1. massmedia wrote:

    Nice thing you did for J. Calacanis! You got on TWIT!
    ——————
    Thanks for the heads up! That was fun. Not sure I’ll blog about it. But how it went down with Peter Rojas
    on TWIT was exactly what went through my mind when Jason mentioned the name a few days earlier on
    TWIST… Shit, I hope he’s got the domain name… And then when it was available I was like, Hmm, that’s
    a little personal, but Jason is very out in the open with his personal life, and what if someone else not so
    friendly gets it. So I got it. A present.

    Sunday, August 2, 2009 at 3:21 pm | Permalink
  2. Kelliente wrote:

    How very nice of you to buy that domain for Jason. And how very shrewd!
    Cheers!

    Monday, August 3, 2009 at 6:56 am | Permalink

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