Comments on: Back to Square One

By: Jeanne Dininni

Jeanne Dininni — Thu, 02 Oct 2008 18:41:58 +0000

That’s always frustrating, Dan! But, at least you had the wisdom to recognize when it was time to call it quits. And the lessons learned through the experience will no doubt prove valuable to you in all your future endeavors.

By: Michelle Gartner

Michelle Gartner — Mon, 29 Sep 2008 03:48:15 +0000

I’ll email you in the morning…

By: dcr

dcr — Mon, 29 Sep 2008 03:23:42 +0000

You changed your eMail address, so you got stuck in moderation limbo.

By: dcr

dcr — Mon, 29 Sep 2008 03:23:19 +0000

I like how you emphasized “Stinks” the second time around.

By: dcr

dcr — Mon, 29 Sep 2008 03:22:59 +0000

Yes, it is.

By: meleah rebeccah

meleah rebeccah — Mon, 29 Sep 2008 03:21:43 +0000

hmmm…my comments dont seem to be coming through….

By: meleah rebeccah

meleah rebeccah — Mon, 29 Sep 2008 03:21:12 +0000

That Stinks! How annoying!!

By: meleah rebeccah

meleah rebeccah — Mon, 29 Sep 2008 03:20:36 +0000

That stinks. How annoying!

By: dcr

dcr — Mon, 29 Sep 2008 03:10:25 +0000

Thanks. Yeah, now I have 15 websites to rebuild. Someday. Maybe I’ll just sell the domain names. I don’t know yet.

But, did you see what Teeni did to me?

By: dcr

dcr — Mon, 29 Sep 2008 03:03:41 +0000

Crowded niches and huge competition isn’t a big deal; it just indicates there is money to be made in that niche.

With the work and money I spent over the last 45 days, I was figuring I could earn $1,000 to $3,000 in short order.

And, yes, it is related to copyright and legal concerns. It’s a situation where you think you’re doing everything right, and maybe 99% of the time you’re going to be right, but there’s a little trap of sorts and that 1% can turn around and bite you.

As I said, I thought I could make as much as $3,000 but I could lose $150,000 or more. Some people may be willing to take the risk, and probably more take that risk without even knowing it.

This was a preventative measure on my part. I learned of the risk over the weekend and decided that’s not a risk I want to take. What I did may very well have been in that 99%, and I might have been able to make $3,000 without worrying. But that small chance that they could have been in that 1% was just a risk I wasn’t willing to take. And that only covers the financial risks, and not the ethical ones which would also be involved.