Are All Internet Business Opportunities Flops?
Net Based Business Opportunities: Are They Just Flop-Oportunities? After a diet of steady skepticism, it is easy to believe that virtually no internet based opportunity exists, unless it is a scam or a fraud. But consider carefully the warning by the FTC, in this brochure:
However, the Federal Trade Commission (FTC) says that many of these business opportunities are scams that promise more than they can possibly deliver.
The scam artists lure would-be entrepreneurs with false promises of big earnings for little effort. They pitch their fraudulent offerings on the Web; in e-mail solicitations; through infomercials, classified ads and newspaper and magazine "advertorials"; and in flyers, telemarketing pitches, seminars, and direct-mail solicitations." (my emphasis)
This is the critical element of a scam or fraud: the promise of something for nothing, or for very little effort. If there is just one due diligence method you learn, internalize this one. When you come across a business opportunity: are you being told that a) this is something anyone can do, b) the profits are locked in or guaranteed, and c) it is easy. Just something for nothing: perpetual motion machines don't exist and neither do perpetual money machines.
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