I have a problem with this. I find something i like and dive in head first without thinking it thru. Sometimes this is an asset, but sometimes it gets me into trouble. I got all excited about blogging a few months ago, and i went and bought over a hundred domains. This didn’t cost me that much money, but it did cost me around 1000 dollars. And i haven’t worked on most of them yet. Some of the domain names i will keep, but some i will let expire. Kind of a waste of money right? If i just paced myself, i could have probably grabbed the same domains at a later time. Now i think before i make any domain purchases. Now if i don’t think i’ll have time to develop it, i try to pass on it.
I had my own dedicated server when i first set up a website. I thought that’s what i needed at the time. I didn’t know anything about web hosting, but heard that dedicated servers were the best so that’s what i got. Later i learned that i could save hundreds by switching to shared hosting. It was a rookie mistake. I try to research more before i make any type of purchase. I learn to shop for deals and bargains. I try to read up on services before i punch in my credit card numbers. Because technology is always changing, i sometimes feel a sense of urgency before i make decisions. I now try to learn a little bit more about a topic before i fork over my hard earned cash.
Don’t feel pressured to make any type of purchase. Being the first at something is important for internet success, but it won’t do you any good if you don’t know what you’re doing. Even if you think that your idea will make you millions, don’t start spending money on it until you get more information. Don’t get ahead of yourself or you might end up throwing away money. Before you dive in head first, take your socks off and poke your toes in the water.