Step 1
They 'get' domains
Step 2
They get excited, register a bunch of crap domains and pay overs for a bunch of others on the aftermarket/drops
Step 3
They get a dose of realism as development, flipping, parking isn't quite a lucrative as they expected
Step 4
They either a) recognise and learn from mistakes or b) bow out of the game
Step 1 - After months of trying to think of 'cool' brandables I finally 'got' domains (I have a marketing background and was keen to
'differentiate' my brand instead of just using a generic domain... and then the penny dropped)
Step 2 - I was excited and registered a bunch of 'awesome' domains; all the 'really awesome' ones were taken but I couldn't believe my luck when
I found others with huge traffic numbers (according to GKWT 'broad' search) and all it took was for me to a) add a hyphen b) drop a letter or c)
add a cool prefix like 3D (e.g. computer-games, internet-banking, laptop-computers, nsurance, 3dtablet etc... these are my best examples btw D: )
Step 3 - Smack! Reality hits and I've only managed to develop one website so far out of 40 odd. Business is booming D:
Step 4 - Watch and learn the value of domains on the drop, try not to be too disheartened and pick up my game.