Unwise Investments.
I really shouldn’t have spent the $2000 I earnt from the Fart Noises website in such a stupid way. Everything started to fall apart just after that. I quickly developed a serious addiction to the Xbox 360 I bought, which was effectively cured by my nephew who snapped the DVD tray right off of it!
But yeah, I should have invested that $2000 into my sites. I’ve learnt that lesson the hard way. But now I’ve moved on and I’m ready to do it right this time.
Before making any investments on the web it’s important to sit down and consider the alternatives. It isn’t wise to use all of your money to finance one idea (unless it’s a really good one of course). Nor is it smart to buy the first website you see. You need to develop a plan for that website before you make an offer. If you can’t imagine what you’ll do with it then it likely has no future in your hands and you should look elsewhere. The same thing applies with domain names. There’s no use in thinking that a name is good unless there is a potential buyer.