How can you tell if an opportunity to make money online is genuine?

Discussion in 'General Advice' started by innerpeace, Mar 10, 2009.

  1. innerpeace

    innerpeace New Member

    Hello everyone,

    It's been great reading all your posts on here - there's certainly a lot of experience out there.

    I'm no pro at this but I have taken the leap of faith a couple of times. What worries me is the number of potential pitfalls out there.

    I was lucky when I made my choices but I did my research and was careful in making my decision.

    As a beginner to making money online, things I looked out for were as follows:

    1. Articles that reviewed the program of interest - if they're strongly criticising the product, do they then go on to strongly recommend another one - this could be a sly way of them making money

    2. Articles that tell you how great it will be to be rich etc. but don't really tell you how this will happen. Maybe they are genuine, but it's risky - again, if you research these and some people are claiming it's really good without backing it up with solid evidence, then maybe they have a vested interest.

    3. Overambitious claims. You have to be realistic if you're starting out. If it's genuine, it's not going to give you cash for nothing. And it's not going to provide enough for you to quit your job in a week (though some may allow you to do that in a month or two!)

    4. I find it funny when they say - you can make up to $5,761.73! Why tell us about the 73 cents? Are they trying so hard to convince us that it's genuine because it's such an irregular number? That said, some of the genuine websites do this - they probably picked it up in some marketing journal...

    5. My last tip for now is being wary of schemes where you have to pay a monthly 'membership' fee. I was lucky I didn't sign up for one because it's not always clear. It's not that they're necessarily bad, but starting out, the last thing I wanted to do was shell out $97/??70 a month and have no guarantee (apart from their word) of what I was getting for it.

    If you're starting out, there's no harm in starting small and seeing if it works. That way you've got control, and there's no reason why you can't make a bit of cash within a couple of weeks. Once you see it working, you can then start to speculate a little more.

    Anyway, those are my thoughts. How about yours?

    Do any of you have more advice on telling whether some of these internet money making opportunities are genuine?

    And what makes you hesitant about signing up to schemes etc?

    Look forward to hearing your thoughts, guys.

    ip
     
  2. Newbie Shield

    Newbie Shield Gold Member

    Hi InnerPeace,

    Generally speaking, learn to listen to your gut. If it sounds too good to be true or even a little fishy, don't pursue it.

    ~Newbie Shield~
     
  3. pinkyparrot

    pinkyparrot New Member

    Yeah all that and this too !
    Watch out for those really long pitch pages. If it takes that much to convince you that it is a real opportunity, then it is not.
     
  4. seeyalater72

    seeyalater72 New Member

    Research, research, research. Google any potential program and find out everthing you can about it. Use forums like this also as an info source.
     
  5. VictoriaNTC

    VictoriaNTC Silver Member

    Hello IP,
    There are some forums dedicated to report online scams..
    I will try to find a link for you..or just Google them..

    Avoid get rich quick schemes....
    And, if it sounds too good to be true it probably is.

    These are the legitimate programs I know of:
    The Thirty Day Challenge
    The Thirty Day Challenge Plus
    The Immediate Edge
    Wealthy Affiliate University

    I am not a member, or have experience with any others.
    There are some wonderful members of various programs in this forum who can help too!
    Cheers,
    Victoria

    P.S. Never pay someone hundreds of dollars for training or a program...[​IMG] I had a bad experience with Google Cash Detective, 1 1/2 years ago but fought for my money back.
    There are some high end legitimate programs for the seasoned marketers later on...
     
  6. samda

    samda Member

  7. innerpeace

    innerpeace New Member

    Thanks very much for those thoughts, guys.

    And thanks for sharing those names of legitimate programs with us, Victoria.

    I think the key thing for beginners to realise is that if they want to make a lot of money online, the whole process is a medium to long term affair which requires patience and perseverance.

    A little bit of originality will get you very far too... but first it's about getting those basic level skills.

    ip
     
  8. srama3

    srama3 New Member

    well innerpeace, you sure summed things up well in your post. In fact, no.1 in your article catches a LOT of people out[​IMG]. Anyway, the key is to use logic. Ask yourself, can I actually make this amount in this amount of days only putting in the amount of effort? If you ask yourself these types of questions you should be able to spot the golden ticket hidden in the candy bars!
     
  9. innerpeace

    innerpeace New Member

    Sound advice Srama3, sound advice indeed.

    Here's hoping we all find that golden ticket!

    Enjoy your weekends,

    IP
     
  10. crazyzarc

    crazyzarc New Member

    I like to check Ripoff Report before deciding to take part in anything, especially if it seems fishy. You can find a lot of people detailing bad experiences with online opportunities.
     
  11. shevyresab

    shevyresab New Member

    Good post Inner,

    There are many decent money making businesses out there - they key is finding them!! with little or no outlay. One i found was the MOIS marketing system, if you still feel the need to invest then maybe give it a go. BTW, im not promoting this site, just feel its good value for money and has worked for me.

    Paul
     
  12. innerpeace

    innerpeace New Member

    Thanks for the tip about Ripoff report, crazyzarc - I'll look into that.

    And shevyresab - I'm with you 100%. And I've personally bought Kim Hoffman's My Online Income System - certainly is good value for money - glad you found it too!

    Thanks again for all your comments guys - it's all very good stuff.

    Have a great week and catch you soon,

    IP
     
  13. kwill33710

    kwill33710 New Member

    Most online business tools are going to require some sort of an investment. If you are looking into online work, do your research. If a fee is required make sure it has a money back guarantee. If I am going to purchase any product that is going to help me I make sure it has a money back guarantee. If it doesn't then they are not saying much for their product[​IMG]
     
  14. imagemaster

    imagemaster New Member

    Most are not realistic...

    I too have been sucked in...

    Seth Godin writes, "You'll see the long long web pages filled with ALL CAPS and bright colors and testimonials and "wait there's more!" They look alike for a reason--it's a signal to the opportunity seeker that this is one of those.

    Do they convert watchers into buyers? Sure they do. Do a few people make money? Of course."

    "Why make 1,000 people into millionaires if you can just hire 1,000 people and be a billionaire? No, it's the belief in riches, the thrill of finding just the right deal, the challenge of getting a relative to loan you money one more time."

    Read Seth's "Get rich quick" here ~ http://sethgodin.typepad.com/seths_blog/2009/02/get-rich-quick.html
     
  15. s12345

    s12345 New Member

    hey some great advice there i think you need to look at lots of things to make money online, things that work and have a proven plan!
     
  16. Newbie Shield

    Newbie Shield Gold Member

    VictoriaNTC: The Thirty Day Challenge Plus
    Hi Victoria,

    Are you doing The Thirty Day Challenge Plus? How is it working out for you and how is it different or advantageous over their free program?

    They also have a premium plugin or two for WP and they are calling it WordPress Direct. Are you still using that and how do you feel it gives you an advantage over the free WP plugins?

    The reason I've been asking you a lot of questions lately is because you are trying a lot of things I haven't.

    I'm curious for myself but I also think it would be nice for the forum community if you could provide a little feedback on the items and programs you are trying out. Not many are trying out so many at once [​IMG]

    Thanx!

    ~Newbie Shield~
     
  17. VictoriaNTC

    VictoriaNTC Silver Member

    Hi Newbie Shield,

    No, I did not enroll for the Thirty Day Challenge Plus. I believe it is about product creation. I am quite sure it is wonderful, however quite honestly I am not ready for that yet. So, I am just hanging out at WA, and here for now.

    I am using Word Press Direct and without much effort, I am typically #1 for 4-5 of my phrases.

    I built it, bookmarked it, created a few content sites and linked to it, and that's about it!

    Most of my sales are from my typical Weebly website though, I think it just looks better than a Blog.

    I am hoping my new home schooler will participate in the Thirty Day Challenge this summer.

    I read yesterday the pre-season lessons will be ready in May.

    Thank you for writing to me! I am far from Guru[​IMG] but happy to help in any way I can,

    Victoria
     
  18. Newbie Shield

    Newbie Shield Gold Member

    Hi Victoria,

    Thanx for all the feedback. Sounds like you really like using WordPress Direct.

    It'll be wonderful if one of your children takes a shine to online marketing and I think that the 30 Day Challenge is a great place for him/her to start!

    Interesting to hear that Weebly is working better for sales than WP. Presentation definitely matters. Hopefully there isn't too much of a limitation on the themes when using WP Direct. Perhaps a change in theme would do the trick.

    Have a nice week and best of luck with home schooling,

    ~Newbie Shield~
     
  19. paradise555

    paradise555 New Member

    I really want to get started doing something.I don't have the funding or time to put into something that doesn't work.I do on the other hand have lot's of time to put into some thing that does work.I am presently unemployed in Kelowna B.C. 40 years old with a family.I have worked physically hard my whole life and would like some honest "God's Honest" help on what to start with and what are some of the true $ expectations after ie: 15 days 30 days 60 days.I know would depend on commitment but I am honest willing and can easily commit a minimum 8 hrs a day.I know there are alot of questions in this but could someone help me with them
     
  20. WorkOffTheBooks

    WorkOffTheBooks New Member

    It's not easy out there to find an easy money making idea. The best thing you can do is find what you are good at and pursue that. What talents do you have? Is this a good time to go back to school and change your profession? So many people have so many great talents but waste them looking for a quick fix. Most likely any quick money making scheme is just that, a scheme. Those people get rich while you don't.
     

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