Tweet

Making Money On The Internet – Scam Or Will It Happen?

Guest post by: Simon Wetherell

Article Overview: Thousands and thousands of people are joining the home based internet business revolution every week trying to earn extra money from home. And all of them believe they are going to make money instantly and easily. And how many do - we all know that 97% of all people earn less than $1,000 a year.

Making Money On The Internet – Scam Or Will It Happen?

Thousands and thousands of people are joining the home based internet business revolution every week trying to earn extra money from home. And all of them believe they are going to make money instantly and easily. And how many do - we all know that 97% of all people earn less than $1,000 a year. So why do they all fail? And why do so many people feel ripped off or let down?

All you need to do is have a look at the ads on the internet today on places like Google and Twitter to see why. Every second ad offers guaranteed returns or unrealistic expectations, whether it be $125 guaranteed in 24 hours, or $15, 675 in a week or $500,000 a year. By promoting the few highly successful people in each organisation people get the sniff of opportunity but this is very rarely realistic for the masses.

And then surprise surprise, it doesn't happen as promised, so people either get annoyed and seek a refund or see no results after a short period of time and just give up and say it is all a scam. Either way both are then out there telling anyone that will listen that the industry is all hype and a rip off.

We have already seen the FTC crack down in the US about what can and can't be said, but this has not stopped the stream of claims out there. As an industry we need to start self regulating before it gets further policed and becomes detrimental to all of us. Also lets not forget the damage that is happening to the industry's reputation.

Now, the message for you if you are one of the new and unsuccessful people in the industry, is find a decent product (see some of my other articles or my blog on this), and then commit to working it for 6 months. You also need to have realistic expectations as to what you will earn and the time you will need to put in, and I suggest speaking to other people in the company for a broad spectrum of results, not just based on the top earner.

The opportunity I have been involved in saw this happening and banned income claims months ago, imposing a self-policing approach. If all companies did the same the industry would be in much better shape and reputations will be intact!

Related Articles
  Scam Alert - Be Careful What YOU Deem as a Scam
  Online Scams and Tricks:How to not get Fooled
  Internet Scams Are There ?
  The Truth About The SendOutCards Scam
  How Many Internet Scams Are There ?

Article Tags: extra money from home, home based internet business, internet business revolution, internet scam, making money on the internet, money from home, pyxism, simon wetherell
Referred by: http://jaykubassek.com



Related Forum Posts
Making Money in 2011 - Hello forum members! As we draw closer to the new year I thought it would be appropriate to change the title of our forum category "Making Money in 2010" to "Making Money in 2011" - I'm looking forward to some interesting discussions and wish everyone a prosperous New Year!
Re: UPDATES: New Campaign! New Layout! New Ideas! - [quote="Ringo So":2696kbgu]Trent - It's actually a sub-forum within the "Making Money in 2010" category. Please let me know if there are any troubles finding it.[/quote:2696kbgu] Nope, still don't see it. I see the Online Businesses forum but that has been there for a long time. Is that what you mean? I don't see any Internet Marketing section.
Re: Profiles on Infamous Entrepreneurs? - Hi Kevin, I guess the point about running a "Scam" thread would be to attract those different opinions so they can be aired on an open forum and responded to fairly. Both sides of the argument could then be seen in one place (here!).
Re: Which would you start: a Blog or Online Community? - It is a difficult decision to make. Lets start it this way - What are you more interested in? Money? or Friends? or Both? If its purely Money, then Blog might be an appropriate answer. But consider this - It will be people (visitors) that will bring traffic to your blog and then Money will follow. This will be possible after a time and during this time it will be your friends who will be the starters. If you are looking for friends only, then its true that not many will be interested in knowing how you have beaten them in the game or the other way round. So it will be preferable to have a Forum where they can share ideas with you and others. But you can share your insider knowledge with them and invite comments from your Blog. You can also put up information on what others (including your friends) don't know about Tennis. The blog you create can provide News, Inside Information and also Techniques that can be used by the new entrants in the world of Tennis.
QuickBooks vs. Microsoft Money vs....? - I have always used Microsoft Money to run my business - accounting, invoicing, etc. It came with my computer when I got it and integrated well with my online banking system so everything is a breeze. It only takes 30-60 minutes every quarter to do the bookkeeping (keep in mind that I have a very simple business - no inventory, very little invoicing, I do all my payments by credit card, etc). Is QuickBooks or Money the best accounting tool for small business owners? Or is there something even better?


Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.

Tweet

Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!

Name:
Email:

Popular Articles

Selling What Sizzles vs. Delivering Real Value

How to Develop Your Powers of Thought.

A Guide to Franchise Financing

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.