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FIB - Scams 101 - Ye Olde Archives
Posted By: Dave Mauder (eDave) <dave@NOSPAMmauder.com> In Response To: Report on a failed attempt... (Stephanie)
Thursday, 30 December 2004, at 7:26 a.m.
Hi Stephanie:
I have to agree with Richie... I went to their website and pulled a small excerpt from their sales pitch:
>> As an Internet "middleman" you don't have to know a thing about computers.
>> In fact, you don't even have to own a computer!
>> There's no selling!
>> No recruiting of family and friends!
>> No motivating others!
>> No talking to customers and no customer service headaches!
>>
>> It's all done for you. In fact, we've made it so simple and easy to get set-
>> up with the 24HourCashFlow system that almost anybody can get started making
>> money right away! We do all the selling for you! And because we've mastered
>> the art of marketing on the Internet, our staff of advertising coaches will
>> be there to help you follow our proven money making system all the way.
Whenever I see claims like this, I run. There is no way, in a legitimate business, that you can get started without knowing anything or doing anything, and expect to make money. Unfortunately, it's our flawed human nature that makes it so tempting to believe wild claims like this. It's the "I want something for nothing" mentality. Common sense tells us it really isn't true -- it's just a matter of what "internal voice" we choose to listen to.
To be honest, selling affiliate products via Google AdWords is the closest I have ever come to making money without recruiting, motivating, or talking to my customers. HOWEVER, I had to know A LOT, and what I didn't know, I had to learn. I first had to learn the AdWords system; how to create an effective ad, how to select keywords properly, how to set my bid amounts and daily budget. That took money and time. Then I bought a couple tools to help me analyze keywords and create new ones. I then had to learn how & where to select good affiliate products, and then I had to know how to write effective headlines and ad copy to generate clicks. Finally, I had to learn how to analyze my results so I know which campaigns are most effective, etc...
I guess what I'm saying is, with AdWords, I could easily put up a website telling people how incredibly easy it is to make money, but I would be flat out lying if I didn't explain all the other things that are involved with being successful at it. If I didn't explain all those other things, all you would do is SPEND money, not make it.
Personally, I think you should pursue your dream of selling jewelry! :-)
Dave
> I just wanted briefly report the results with my attempt at
> 24HourCashFlow.
> My take:
> It is not a *scam*.
> However, the pitches the company gives you to get you to join are filled
> with empty promises.
> Their promise that a freshman in college who is short on both time and
> money can succeed was full of you-know-what.
> Granted, this is a business that *could* work, for the right people.
> The right people would definitely include those who have more money and
> definitely much more time than I have.
> Oh yes, for anyone who wanted to know exactly how I did...
> Three months with 24HourCashFlow and I have made exactly zero dollars. I
> will soon be calling them and asking them to fulfill their guarantee, the
> one that promises that if I do not make any income within 90 days and have
> printed proof of advertising (which I do), they will give me back the
> $100+ (I forgot exact amount) I paid for my websites.
> If you're experienced in marketing and can devote sufficient time to
> 24HourCashFlow, you just might have the potential to earn some income (The
> $100-300 per referal thing they tell you IS the truth, but you have to get
> people to join to earn that).
>
> I think one day I'd like to have my own business selling sterling silver
> jewelry (I have already sold at a couple of holiday fairs and at the local
> flea market--I've made gross sales of about $300. Still working on it)
Thousands of people need your help!
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