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FIB - Scams 101 - Ye Olde Archives
Posted By: Dennis Bevers <bassco2@bellsouth.net> In Response To: Legitimate Home based Business (Mark Wyght)
Sunday, 16 July 2006, at 12:40 p.m.
> Just had a question regarding home based business opportunities. I know a
> lot of them are MLM. How do you know if an internet home based business is
> not a scam or MLM type of structure. My wife wants to start her own
> business working from home. After having our third child, she now wants to
> become a stay home mom, yet have the flexibity of working from home. We
> went through a couple fo sites like The Profit Masters, eteam200.com,
> mintjobs.com, www.franchisemarketplace.com and homeworking.com. Does
> anybody have any feedback? your feedback would be appreciated.
I haven't heard of any of those, so can't give you any good or bad on them. Maybe some here will know about one or more of them.
First of all, beware of any "home typing jobs", as most are scams which involve sending spam emails or posting on forums. You don't get paid for posting, until someone clicks on the link in your post - even then they often have to purchase before you get a commission. And, how do you know how many you get credit for?
Read "MaaMaw's Favorite Last-Chance Bizopps" on this site for a better understanding of some means for earning income online. Then check out her "Scams 101" for an education that will help you avoid being scammed.
When you wife finds a specific opportunity that appeals to her, it's time to start your "due diligence", which means, check and verify everything they offer and especially andy promises or guarantees they make. See if you can contact some of the people who are earning money with them, hopefully not off a list of names they provide up front - Some of those are often inside people who do nothing but sing the company's praises, maybe folks who have never sold for them at all, but are employees inside the company.
The home-based jobs market promoted online is probably less than 5% legitimate jobs, with the vast majority being people who sell books or lists of companies who they say are looking for home-based employees. Most home-based workers are on commission or contract only, not in a hourly position.
There are lots of home-based business opportunities, many are legitimate, but require work to generate income. Unfortunately, too many home-based seekers are looking for passive income, where they don't have to work to earn.
Dennis Bevers
My home-based business that works for me and thousands of others
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