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419 Scam Backfire
Today I read a great post by Joel Comm about his concern for the “make money online” niche. Quote below:
There is nothing wrong with learning how to leverage your passion to make money online. However, it is essential that people understand there is no get rich quick method! If there were, people wouldn’t be selling products promising riches. They would be keeping it a secret and building wealth quietly.
When I teach online revenue strategies, the last thing I recommend is entering the make money online niche. That is where there is the LEAST opportunity! Yet so many Newbie marketers treat it as though it is the goose that laid the golden egg.
His article makes perfect sense to me. If these “experts” are making a ton of money using their strategy/product why on Earth would they be selling their secret to the world for $97.00 plus a few 100 useless bonuses? If 10,000 people are doing the same thing would it not dilute the opportunity?
I have seen some really dodgy products in my time including re-wording existing articles protected by copyright and injecting them with Adsense ads – illegal and aiming for a lifetime ban from Google.
I know all about hard work and the effort it takes to sell a product online as I have just released an eBook to help educate businesses on how to use Facebook as a business channel. It took myself and another staff member 2 months part-time to research and write. The content was even reviewed by a professional publisher! The whole process was really hard work.
Will it make us enough $$ to retire? Hell no! Maybe it will pay of the offices coffee bill for the next 12 months.
Now if we write another 5 quality eBooks and possibly provide services around our skills then yes we can make good money – but I know there will be a heap of blood, sweet and tears to get to that level of “passive income”.
A person I really respect and one who has done very well using the Internet to create revenue streams is Lis Sowerbutts. Lis has always stated there is no fast way to make a fortune online. It takes hard work! Read her article on the subject here…
Don’t forget: If its too good to be true – it probably is.
Here are some great tips to remember the next time someone tries to sell you instant wealth:
Tips for Spotting An Internet Scam
1) First and foremost use google and search for the all speakers names with “scam” on the end. For example “larrymiles scam” do not search for just “larrymiles” as most marketers with any skill will have control of the first page of search results by having numerous web sites with their marketer BS on it. If you click on a search result that looks interesting and you end up at a web page with the content removed treat that as a red flag – either the internet marketer has threatened the poster with legal action to take it down or possibly the poster is wrong. If you get more than 2-3 websites with the content removed then assume something is going on. In any case within the search results look for a cached version and you will sometimes get the post anyway.
2) Search for the product/strategy they are selling as sometimes the people selling are not the original makers and have a “clean profile” – for now.
3) Always ask yourself “why are they selling this if its so fantastic’ – wouldn’t they keep it to themselves? There is no product/strategy out there that is smart enough not be caught out if many people are using it. Some internet software products are designed to go into social media and spam – thats when they get detected as spamming and the users of the product get banned.
4) Use facebook – look for the groups that are anti the person/product. Facebook is a great meeting place of people who are too scared to post on their own sites.
5) Always read the contract in detail before signing and if you are spending 1000’s I would pay a couple $100 to get a lawyer to review it.
6) If the cost of the product/service seems excessive then search Google for strategies or software features that they are selling. I will bet you that you will find the same stuff for free. NO piece of software sold by an internet marketer is worth $1000’s of dollars. NO WAY.
7) Watch out for anyone who uses religion in their marketing especially people who went to jail and “found god”. Also watch their responses and actions to your questions – if they seem like they are lying to you such as “Nope.. I did not get that fax you sent me” when you have a fax receipt that it was sent – then run.
You will learn in time that the only people making a heap of money fast are the very same people selling you a false dream.
Read Joel’s article here.
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