“Trust, But Verify”
As an addendum to my article this morning related to thinking before commenting on my blog and elsewhere, I also believe the saying “trust, but verify” is important to consider when reading this blog, others blogs, domain forum or any domain investing website for that matter. According to Wikipedia, this phrase was originally a Russian proverb.
Despite the fact that I am a domain investor on a full time basis, and I make my living from my domain investments, you should always do your own due diligence if I make a recommendation or share advice. What works for me, may not work for you. What I share about my business may not be applicable to yours or may not work for your investment strategy.
The companies or services I write about may be providing me with special care because I give them considerable business or perhaps because I have a blog. Whatever the case is, my experiences will most likely be different than the experiences of others. The same applies for other blogs or websites, especially those that gain from your taking actions based on referrals or recommendations.
Trust, but verify means that you should investigate what I say with your own business in mind, and you need to do your own due diligence to be sure that my advice is accurate and right for you. The same goes for domain forums and other domain blogs.
People who do business in the domain investing space come from different backgrounds and operate different types of businesses. While I like to think that the majority of people and companies with whom I do business are honest, there are always going to be bad apples in the group. My experiences with companies will most likely be different than your experience.
There are many great sources of information about domain investing. Even the best intentioned people may share information that needs to be verified by you. I do my best to share as much as I can without detriment to my business. Even though I have good intentions when I write articles, you should always verify advice I share before taking action, and the same applies for other venues as well.
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