I’ve seen a number of very successful “original” domainers state recently that it’s not too late to get into the business. I’m not disputing that – in fact I agree – but I’d like to see one of them put his money where his mouth is. So I’m issuing the Start Over Challenge!
For example, Rick Schwartz wrote,
“So when folks ask “Can you get into domains and be successful if you started TODAY?” The answer is YES, but when they ask ME how to do it…..I can’t tell them. It is a different set of circumstances and I would have to STUDY the market for several days, weeks or months to create a new formula. But there is no question there are many successes to have out there. If I started again today I would still be very successful.”
Rick, I understand your point that you can’t simply tell people how to become successful. Rather than telling us, how about showing us?
Other top domainers have made similar statements.
I’d like to see one of you top guys set aside $1,000 and pretend to be just starting out. See what you can do with that $1,000 in, say, one year, and document your progress for the benefit of beginners.
Let me be clear that in reality I think you guys have nothing to prove. Your success was built on vision, persistence and hard work. And no one’s asking Bill Gates to start over as a junior programmer. But I think it would be an enlightening and fascinating exercise, and next time you insist that it’s not too late and that if you had to start over you could, you’ll have proof to back it up.
Most importantly I think it would be a great demonstration and teaching tool for novice domainers.
What are the terms of the challenge? How will we measure success?
How about $1,000 to $100,000 in one year? What do you think readers, does that seem fair, or is it too hard or maybe too easy? After all, these guys have access to other major players and big buyers. What’s your opinion?
Added Note: Someone suggested that the challenge must be done anonymously or under an assumed name, to more accurately reflect the experience of a beginner. I think this is a great suggestion and we will make this one of the conditions of the challenge.
Sahar Sarid has replied that it’s an interesting idea but he already has plenty of challenges on his plate. Fair enough. Anyone else?