Comments on: Luck is a four letter word http://idntraffic.com/luck-is-a-four-letter-word/ Pinpoint Geo-Targeting Fri, 07 May 2010 15:30:58 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: epsilon http://idntraffic.com/luck-is-a-four-letter-word/comment-page-1/#comment-9 epsilon Tue, 17 Nov 2009 13:14:38 +0000 http://idntraffic.com/?p=55#comment-9 Mark, the way I interpret your 'stumbling upon' the IDN opportunity is that you had your eyes and mind open to opportunity, hence the reason you saw it, and most importantly, acted upon it. I believe opportunity is everywhere around us, present on a daily basis; we just see it when we're open to it. It's also a matter of subjective interpretation. You may have found opportunity in investing in IDNs with a hold and sell later at a much higher return attitude, while someone else may find his/her opportunity in one of your IDNs and create a killer business out of it. I could go on for ever, so before I lose myself here, my point is that in life, you get what you ask for. If you ask for opportunity, you'll get it because it's there already. The Universe is not linear. Everything exists here, always. All one needs to do is change their perspective and things seem to appear out of thin air. Call it 'Luck' if you will. ;] Mark, the way I interpret your ’stumbling upon’ the IDN opportunity is that you had your eyes and mind open to opportunity, hence the reason you saw it, and most importantly, acted upon it.
I believe opportunity is everywhere around us, present on a daily basis; we just see it when we’re open to it.
It’s also a matter of subjective interpretation. You may have found opportunity in investing in IDNs with a hold and sell later at a much higher return attitude, while someone else may find his/her opportunity in one of your IDNs and create a killer business out of it.

I could go on for ever, so before I lose myself here, my point is that in life, you get what you ask for. If you ask for opportunity, you’ll get it because it’s there already. The Universe is not linear. Everything exists here, always. All one needs to do is change their perspective and things seem to appear out of thin air. Call it ‘Luck’ if you will. ;]

]]> By: Mark http://idntraffic.com/luck-is-a-four-letter-word/comment-page-1/#comment-7 Mark Tue, 17 Nov 2009 04:28:47 +0000 http://idntraffic.com/?p=55#comment-7 While I see your point, I still think it is hard to ignore the "luck factor". I am not talking about flipping a coin, but being in the right place at the right time and more importantly in the right position in one's life. Of course, any successful investor has gut, vision and of many also have other admirable characteristics. But, without that luck factor they would have never had the opportunity to, errr, shine. Take me for example. I was barely in high school when most of the serious investing occurred in the ascii realm. I hardly enough knew of the internet ocean so without a doubt I missed the coveted domain boat. Of course it is easy to say that about alot of things, but I pretty much didn't even have a chance to "weigh" my options. Now, let's look at someone like RS. I don't know him, I can't judge his character or former career, but for the sake of argument let me be a little presumptuous. If I am correct the guy was selling 1-800 numbers and furniture before his domain triumphs. Not the most glamorous jobs and most likely not making him wealthy. He was probably hitting that point of his life where he felt he needed to make a move, had to be risky if he wanted to achieve "those" dreams. Probably single without kids. In some ways nothing to lose. What happened afterwards is well known domain history, but I believe many initial investors were in that perfect position where they could pull the trigger. Perhaps if I analyze myself it may make more sense. I am heavily invested in idns. If they take off will I consider myself somewhat lucky? Hell ya! Why? Because I stumbled on, literally stumbled on, an interesting opportunity, had the guts and vision to invest and I am also in a position in life to do so. That last part I think is BIG. I am in my late twenties, some cash laying around, single, NO KIDS, no mortgage and continually craving success. If the same opportunity came around 5 years from now I "might be" married, 2 kids, a nice mortgage payment and probably not in the position to put 10K+ for one domain at risk. Hell, in my current position for the right deal I would deplete my entire bank account and eat ramon noodles for a month, ha ha...many can't afford to have such a risk profile. Even if they really really REALLY want to... Right time, right place does mean something. At least it has so far for me. I just hope I don't look back and say wrong time, wrong place. :) While I see your point, I still think it is hard to ignore the “luck factor”. I am not talking about flipping a coin, but being in the right place at the right time and more importantly in the right position in one’s life.

Of course, any successful investor has gut, vision and of many also have other admirable characteristics. But, without that luck factor they would have never had the opportunity to, errr, shine.

Take me for example. I was barely in high school when most of the serious investing occurred in the ascii realm. I hardly enough knew of the internet ocean so without a doubt I missed the coveted domain boat. Of course it is easy to say that about alot of things, but I pretty much didn’t even have a chance to “weigh” my options.

Now, let’s look at someone like RS. I don’t know him, I can’t judge his character or former career, but for the sake of argument let me be a little presumptuous. If I am correct the guy was selling 1-800 numbers and furniture before his domain triumphs. Not the most glamorous jobs and most likely not making him wealthy. He was probably hitting that point of his life where he felt he needed to make a move, had to be risky if he wanted to achieve “those” dreams. Probably single without kids. In some ways nothing to lose. What happened afterwards is well known domain history, but I believe many initial investors were in that perfect position where they could pull the trigger.

Perhaps if I analyze myself it may make more sense. I am heavily invested in idns. If they take off will I consider myself somewhat lucky? Hell ya! Why? Because I stumbled on, literally stumbled on, an interesting opportunity, had the guts and vision to invest and I am also in a position in life to do so. That last part I think is BIG. I am in my late twenties, some cash laying around, single, NO KIDS, no mortgage and continually craving success. If the same opportunity came around 5 years from now I “might be” married, 2 kids, a nice mortgage payment and probably not in the position to put 10K+ for one domain at risk. Hell, in my current position for the right deal I would deplete my entire bank account and eat ramon noodles for a month, ha ha…many can’t afford to have such a risk profile. Even if they really really REALLY want to…

Right time, right place does mean something. At least it has so far for me. I just hope I don’t look back and say wrong time, wrong place. :)

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