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FIB - Scams 101 - Ye Olde Archives
Posted By: Larry Foster <blackstonecap@yahoo.com> In Response To: Confession time.... (MaaMaw)
Monday, 13 December 2004, at 10:52 p.m.
There is a former IM guru named Frank Kern who was very successful on the make money online niche but got whacked hard by the FTC (unfairly) because he did not have the proper disclosures on his site that said if you buy this course and do nothing you won't make a million dollars. Paid a major fine.
He started a number of mini-niche sites on things like teaching your parrot to talk (he actually hates parrots), how to have a happy dog of some kind, japanese rock gardens...He doesn't even write the stuff himself.
I saw actual results from some of these and he's not making a fortune on any one site but his goal is to have 50 different sites making maybe $1000 per month.
He does teach this and calls it the underachiever method.
I do not have this course but I have some other of his stuff and he is for real and a good guy.
I'm not advocating his course one way or the other, but I do believe the concept is awesome and as soon as I stop procrastinating and clean a few more things off my plate,I am going to start.> Eee gads!! I know they're a little stale, but choking?? I'll have to take
> out extra insurance if this keeps happening.
> I hate to admit it after being at this for so long, but I must confess,
> the same thoughts plague me constantly.
> It's being done every day in big niches and little niches and itty-bitty
> niches, and I know this for an absolute fact because I have come to
> "know" and trust a lot of people through this board and others
> -- but I still have all the same questions you do.
> Me too... double-forgive me.
> Neither am I. It's my favorite thing.
> The fear of this happening has all but paralyzed me, because until the
> past month or so, I haven't had the luxury of putting it to the test. That
> would involve less time on the "sure thing" and more time on the
> as-yet-unproven endeavor, and as the main breadwinner, that terrifies me.
> Now I have that luxury (although I wouldn't exactly call financially
> drowning a "luxury") (the "sure thing" is chronically
> four to five months behind with my paycheck, and all the extra work that
> kept us afloat has dried up) -- so I'm finally jumping in after only 6-1/2
> years of dabbling and never quite finishing much of anything.
> Actually I did finish one thing -- my Formerly Fat booklet -- and it was
> selling with virtually NO promotion except the tiny bit I did and help
> from the very generous Elizabeth Morrow. I had to abandon it in favor of
> typing more (again, the "sure thing") -- but I had the evidence
> right in front of me on a very small scale.
> But there is something that bothers me, and you hit the nail on the head
> when you said:
> This is what I have allowed to overwhelm me and kill my "creative
> spark" again and again.
> Although I don't believe this is literally true, it seems every niche info
> product eventually turns into a
> "how-to-make-money-doing-what-I'm-doing" product (or entire web
> site) -- and I don't want to do that.
> I want to sell my "niche info products" *without* going into the
> "make-money" market at all. I do that here at FIB (with other
> people's products), and that's the *only* place I want to do it.
> It can be done and is being done -- I believe that -- but every once in a
> while I need to hear from people who are doing it without selling
> ***ANY*** "make-money-like-I'm-making-money" products
> whatsoever.
> Now would be a good time.
> Luv,
> MaaMaw
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