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FIB - Scams 101 - Ye Olde Archives
Posted By: Patricia Griffin In Response To: Am I scammed? (Howard Teo)
Wednesday, 10 November 2004, at 11:37 a.m.
What you're telling us is a story very common to people new to internet marketing who need to make money. They encounter a wonderful program (they think) delivered by just a search or through email. The site says you can make a lot of money and it's proactically no work. Just send money.
Now... in non-internet life you wouldn't expect this to work -- and guess what? It doesn't work in internet life, either. MLM (Multilevel Marketing) is often questionable because it assumes an endless supply of people who want to buy a product. In real life, this just isn't true. There's NOT an endless supply of people (only about six billion people) and most of them don't speak English and most don't earn much money and aren't any sort of possible target for your marketing.
Now, after a few months of thrashing around, your uplines will tell you that you're not working hard enough or smart enough and then suggest tools for you to buy to increase your effectiveness. THEY (quite often) are selling the tools.
The people selling the tools make the most money. Most of the ones buying and trying to use the tools don't make much money.
> Perhaps it's my naive character which caused me to use my heart instead of
> my head.Anyone of you heard or joined Body Extreme before?I joined due to
> the fact that they are debt free for more than 5 years & I regreted
> not doing enough analysis.
Actually, a company can CLAIM anything until one of the government regulators goes after them. If they're on the stock markets, they have to file quarterly reports... so if these companies say they're "debit free" then you can assume that this will be true. As for the others... well... we've seen some outright misstatements and lies by companies (and a lot of lawsuits.)
> I'vw been also scammed by advertising companies who guaranteed traffics
> but no sign ups.How about recomending some advertising solutions for
> me?I'm feeling rather helpless now.
A serious recommendation would be to get OUT of this stuff (quit wasting your money) and into something you know. Do you know how to set up computers? A friend of mine has a small business doing that. Do you know how to trim trees and don't mind the work? I know someone who does this. Do you like doing landscaping or carpentry? Flyers on houses often get referrals. Are you good at academics? There are part-time jobs and evening jobs for tutors (just check with your local colleges.) Do you dance well? You can teach dance classes at your local rec center. Do you collect certain types of toys or tools or anything at all? You can sell to other hobbyists and sell on Ebay.
There are a lot of ways to make money. I suggest you avoid all sites that promise you can make a lot of money with no work. The only (true) thing I know where you can make a lot of money (if you're lucky) with almost no work is the stock market.
...and if that's your game, start with the Motley Fool site and the Wall Street Journal and the IBD.
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