How to Avoid Online Get Rich Quick Schemes

Advice on selecting the best residual income opportunities online, while avoiding the scam artists and phonies.

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In these difficult economic times many people are looking to alternative avenues for making money. One increasingly popular avenue is the internet. However, there are a lot of snakes in the grass online selling a lot of hype about how you can have a six figure income in one month. As the old saying goes…if it sounds too good to be true…it probably is. So here are a few tips to help you steer clear of internet marketing imposters.

1. Avoid The Hype.If they start off by showing you their new BMW that they bought from last months earnings, or open a Fed-Ex packet with gobs of cash falling out. That’s a total emotional play to get people to sign up with their site, and then be left in the cold when it comes to training and mentoring. Run away quickly!
2. Google them. Whatever online marketing opportunity you are researching. In today’s e-world any information you want to find about a company or person, good or bad, is probably a click away. I did this when I researched starting an online business and I quickly found out whom I did not want to go with.
3. Try to get a call back. When companies are trying to convince you that they are the one you should go with, that’s when follow up is usually at its peak. If you can’t get a phone call or email back from somebody, in a day or two at the most, it’s definitely not going to get better once they have your money.
4. Contact an associate. One thing I did when I joined my online marketing company was emailed a few of the active affiliates. Ask direct questions, and be nice if you want to get the truth. A little sugar goes a long way, and could save you a lot of wasted time and money. People don’t respond well to questions like, “Aren’t you just trying to sucker me in and then dump me?!” Rather, ask things like, “How long have you been associated with ________ company”? Or, Are you finding that it is successful for you and how long did that take?” A very important, and often missed question is, “How much money will it cost me before I see a profit?”

If you begin your research into building a successful online business with these thoughts leading the discussion, your chances of avoiding the scam artists will be greatly increased.

In future posts we will take a look at what to look for in a mentoring or coaching program when you find a good online income opportunity. They are out there; you just have to do your due diligence.