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5. Do one big deal for $25k rather than 25 deals for a grand. Do less work and make more. (assuming you got the bread)
6. Never get mad at a coldcall domain owner or seller, unless they really, really piss you off. You always regret it, because rarely do people own just one domain, and if you're nice, you might get access to the gem they didn't even know had value.
Recent example: the former owner of kitty.com was one of the most objectionable people I've ever dealt with. Absolutely crazy woman. Yet I killed her with kindness when in fact I wanted to kill her AND her kitty.
The result: Kitty.com has been a fantastic domain for us. It wasn't cheap, but it was a steal.
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