Entrepreneurs - Is The Business Opportunity Too Good To Be True?
Entrepreneurs - Is The Business Opportunity Too Good To Be True?
Well first of all – if it sounds too good to be true then it probably is a scam. Whilst a few people may make loads of money very quickly far more of them make their money by selling useless scams to the unsuspecting. Here are a few tell tale features that point to a scam so beware before your buy or sign anything:
• Is the product sold via an info commercial or advert that features large houses, fast cars and swimming pools. These aspirational adverts are there to lure you into believing that buying the product will give you the same life style.
• Are there very high estimated earnings with the proviso (in 4 font) that states that these are not the normal earnings. It is rare to make major earnings very quickly.
• Are you expected to make money primarily by recruiting others to sell the same products? Or is there much talk about down streams, or earning a percentage of those you recruit. etc. These are called pyramid schemes at the worst, and are illegal and mathematically don’t work. If they are MLM then they are even more hard work. Be very wary if the company sales literature and adverts only talks about recruiting others.
• Does the company require an up front fee or requests you to buy a start up kit before your start business? Be very wary. Often these companies make their money just on selling you these.
• Is the introduction, sales page, advert a very hard sell? A reputable company knows that it’s reputation is sufficient to sell to you and will give you time to make the necessary decisions.
• Once you have started or made the first purchase or the first contact are you pressured into buying other services or products that will make it easier to run your business. Beware, you are in a funnel where they will take as much money as possible off of you before you give up or run out of money.
• The business opportunity consists of only buying ebooks, CD’s or videos that will show you “how to”.
Before you start any new business opportunity do these things:
• Ask yourself if you would buy the product? If you don’t want the product, expect others not to want it either.
• Do an internet search on the product and the company and see what others have said about it.
• Wait a few days before you decide to make this purchase and think hard. The break will take you away from the compelling advertising.
Lastly, think hard about how it will fit into your existing life style and business. Good luck!
Entrepreneurs Is The Business Opportunity Too Good To Be True - To learn more about this author, visit Lee Lister's Website.
Like this article? Share it with your friends
Times are hard and you want to start you own business to make some extra money, or maybe expand your existing business. You’ve seen a great business opportunity but is it a scam?
Well first of all – if it sounds too good to be true then it probably is a scam. Whilst a few people may make loads of money very quickly far more of them make their money by selling useless scams to the unsuspecting. Here are a few tell tale features that point to a scam so beware before your buy or sign anything:
• Is the product sold via an info commercial or advert that features large houses, fast cars and swimming pools. These aspirational adverts are there to lure you into believing that buying the product will give you the same life style.
• Are there very high estimated earnings with the proviso (in 4 font) that states that these are not the normal earnings. It is rare to make major earnings very quickly.
• Are you expected to make money primarily by recruiting others to sell the same products? Or is there much talk about down streams, or earning a percentage of those you recruit. etc. These are called pyramid schemes at the worst, and are illegal and mathematically don’t work. If they are MLM then they are even more hard work. Be very wary if the company sales literature and adverts only talks about recruiting others.
• Does the company require an up front fee or requests you to buy a start up kit before your start business? Be very wary. Often these companies make their money just on selling you these.
• Is the introduction, sales page, advert a very hard sell? A reputable company knows that it’s reputation is sufficient to sell to you and will give you time to make the necessary decisions.
• Once you have started or made the first purchase or the first contact are you pressured into buying other services or products that will make it easier to run your business. Beware, you are in a funnel where they will take as much money as possible off of you before you give up or run out of money.
• The business opportunity consists of only buying ebooks, CD’s or videos that will show you “how to”.
Before you start any new business opportunity do these things:
• Ask yourself if you would buy the product? If you don’t want the product, expect others not to want it either.
• Do an internet search on the product and the company and see what others have said about it.
• Wait a few days before you decide to make this purchase and think hard. The break will take you away from the compelling advertising.
Lastly, think hard about how it will fit into your existing life style and business. Good luck!
Entrepreneurs Is The Business Opportunity Too Good To Be True - To learn more about this author, visit Lee Lister's Website.
Like this article? Share it with your friends
 | |
 |
No article feedback found. |
| |
Leave Your Feedback |
 | |
| |||
Kim CastleWith nearly two decades in the advertising and design business, with clients like Domino's Pizza, General Motors, Direct TV, Pedigree, Wolfgang Puck, Higher Octave Music, Hollywood Celebrity Products, Disney, and Paramount, as well as thousands of entrepreneurs around the world define, structure, communicate, and position their business for greater profits, BrandU(R) co-creators Kim Castle and W. Vito Montone discovered that entrepreneurs could experience the same power that big brands command for a fraction of the cost with the world's only process-based results-drive Integral approach to business creation. BrandU(R) is helping entrepreneurs grow with the power of extreme clarity from idea...to brand...to market(TM) and helping one million entrepreneurs become successful and whole so that they can make a difference in the world. Are you one of them? If you want to experience clarity all the way to the bank(TM), get started now at http://www.brandu.com. - Visit Kim Castle's Website |
|||
David BarrDavid Barr is the President of Venture Opportunities, Inc. David has been a professional business broker/intermediary since 1980 focusing on General Business Brokerage and Mergers and Acquisitions representing client transaction value from $400,000 to $20,000,000. Mr. Barr has handled the sale of over four hundred and fifty companies. David earned a university degree from the State University of New York majoring in economics and business. David holds the Mergers and Acquisition Master Intermediary and the Certified Business Intermediary designations from the International Business Brokers Association. He is also a Senior Business Analyst and a Texas licensed Real Estate Agent. For more information about David and Venture Opportunities, visit www.bizdealmaker.com. - Visit David Barr's Website |
|||
Anne BarrAnne Barr has over 26 years experience in sales and marketing, six years as a franchisee. She has assisted over 367 business owners and purchasers to achieve their goals in career change, transition and exit strategy. She holds the designation of Certified Franchise Executive from the International Franchise Association, Certified Business Intermediary from the International Business Brokers Association and Board Certified Broker from the Texas Association of Business Brokers. Anne is active in professional organizations, networking groups and volunteers for non-profit entities. As owner/operator of four successful businesses, Anne has proven people skills and enjoys helping clients find the right "fit" in business ownership. Visit www.FranchiseOpportunitySpecialist.com for more information about me and my company. - Visit Anne Barr's Website |
|||
Casey GollanCasey Gollan, Business Coaching & Mentoring Programs. Add $1 Million to $10 Million in the next 1 to 3 years. Since 1996 Casey has to added hundreds of millions of dollars to businesses. Watch a free video see client results Business Coaching website. - Visit Casey Gollan's Website |
|||
Jeff FosterWebBizIdeas.com is a Minneapolis website design company founded to help people start an internet business by providing them with website, business, and internet resources that help foster the growth of successful online businesses and develop innovative Internet business ideas. We specialize in internet consulting & internet marketing. - Visit Jeff Foster's Website |
|||
David AchesonDavid Acheson is the founder of DCJA Consultancy. DCJA Consultancy is a management consultancy business specialising in B2B sales consultancy. They offer bespoke and packaged sales consultancy including Sales Optimisation Review, Interim Sales Management, Sales & Marketing Review, 1:1 Sales & Management Staff Analysis, Management Training, Solution Sales Training, Creation of New Pay Plan, KPI's, run Customer Feedback Campaigns, assist with Recruitment, Coaching, Appraisals and set up Strategic Marketing Campaigns. David spent his early career in accountancy and then moved into sales in 1982, working in Office Equipment, IT, Advertising, Training, Outsourcing and Consultancy. He has held many Senior Positions in SMBs and Global Organisations including Head of Sales Operations & Head of Business Development. His knowledge, skills and great experience of the Sales Industry has led to David making keynote speeches and running educational sessions to key businesses through organisations including The Chamber of Commerce and Business Link. - Visit David Acheson's Website |
|||
Leanne Hoagland-SmithAre your sales where you want them to be? Will you be one of the few who achieves sales or business success or one of the many who have failed to change? Are you tired of being told you are like everyone else? Then you may find my first book on sales of interest. Be the Red Jacket in the Sea of Gray Suits, The Keys to Unlocking Sales available at Amazon or at http://www.processspecialist.com/red-jacket.htm. This book is a reflection of my no-nonsense approach to improving sales to overall business results. If you are truly committed to making sustainable changes, then I can help you secure a positive return on your investment because I focus on executable solutions not telling you the problems you already know you have. From training to corporate (group) coaching to executive one on one coaching, my approach is to assess, create awareness, build a goal driven action plan and then execute. The bottom line question is "Not do you or your employees know it, but do you or they want to do it?" Please call for a free strategy session at 219.759.5601. - Visit Leanne Hoagland-Smith's Website |
|||
Cheryl MatthynssensCheryl is a life skills coach, licensed Chemical Dependency Counselor and a 20 year entrepreneur. Cheryl's dedication to achieving a life of balance led to her expanding her teaching from the simple managing of life's daily challenges to adding financial well being as well. A direct marketer with DrinkACT, she is gaining ground in the online community with her concepts of making sure business owners, entreprenuers and employees have well rounded life styles. She opened up a small affiliate site - The Balance Guide- to help others find resources for mental and emotional well being. Visit Cheryl's blog to see more of the diversity beyond business she has began offering online at www.thebalanceguide.blogspot.com - Visit Cheryl Matthynssens's Website |
|||
|
To learn more about the Evan Elite Author Program please contact us. | |||
 | |
|  |
Subscribe to Lee's articles
 | |
|
|  |
 | |
|
| |
 | |||||||
|
 | ||
|
||
 |
||
|
||
|
| ||
 |
| Have you written articles that would be of value to entrepreneurs? Become an expert on our site by publishing them! Expose yourself to a wide audience, drive more traffic to your website and get more sales! Click Here for details. |
|
|
 |
| Modeling the Masters: Learn the true secrets behind Walt Disney's business success factors & grow your company! Video produced by Phanta Media |
|
|
 |
"Learn straight from Evan how you can Make a Full Time Income (And More) from a Website"
Click Here To Learn More |
|
|
|
|
Get advice & tips from famous business owners, new articles by entrepreneur experts, my latest website updates, & special sneak peaks at what's to come!
|
|
|
 Pulse Check Assessment Law of Attraction in Action Disappearing Leader Social Bookmarking Guide Get a Top 20 Ranking |
|
 | ||
 |
Top 50 Business Plans
Top Business Plan Blogs | |
 |
More PR Resources
Press Release Builder | |
| ||
 | ||||
| ||||
|
| ||||
| ||||
|
|
|
|
|
||||||||||||
|
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 and Sean Combs!
|
|
|
