There’s a certain amount of positive nervous anxiety I encounter each time I’m chasing a domain at auction.
“Am I Paying Too Much?” ; “Is This Thing Gonna Throw *Any* Money?” “Did I Run Enough Analysis”.
A few weeks back, I was able to identify an experience where I encountered the same mental state.
In my brothers newly refurbed Porsche GT3.
Like I mentioned before, similar to me buying auctioned domains and breathing new life into them, my brother does the same for (lightly) wrecked cars - usually Porsche’s.
The GT3 he won at auction had some fender-bender damage to the front, but the body, and rear of the car - which tends to be most important cause that’s where the engine is - was fine. So he bought it, fixed the front, and now has this:
So he took me for a ride in the mountains of western NC a few weeks back, and gunned it on a few back roads. This is pretty much identical to what it sounded like, especially all the gear shifts (although this example ain’t his car):
It sounded like it was physically chewing up asphalt. I was definitely in an ‘excited-uneasy’ state of mind, quite like my domain auction moments.
Maybe I should challenge Jim Boykin to a race.
This entry was posted on Thursday, September 27th, 2007 at 1:24 pm and is filed under Domaining. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
Ok, maybe it’s getting traffic, but will I be able to monetize it effectively? Yes it’s an investment, but am I overextending myself? How do I explain to my wife why we can’t afford a new car right now, but I keep spending on domain names? What if the bottom somehow falls out of this whole domain name thing? What happens to my investments then? Etc, etc.
No matter how much your rational mind knows and believes that you’re doing the right thing, the worries persist. I think the trick is to develop your winning system and stick to the system unemotionally, not basing your decisions on greed or fear.