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Internet Moneymaking Scams And How To Spot Them

Posted on July 27, 2008 - Filed Under Home Business

If your one of the many people
interested in starting an online business or in making money online chances are
you’ve run in to your fair share of scams. But before I get in to how to spot
them I should explain what I mean by “scam?. I view a scam as any site that
says you will make a set amount of money when in reality you either won’t and
the site will take your money and run, or you can make money at it, but only
with the right skills and knowledge, which you will almost definitely not have.
So, how do you tell the legitimate sites from the bogus ones?

            The
usually rule of thumb is that any site that sounds too good to be true probably
is. For instance, watch out for those sites that assure you that you can get
rich by the end of the month, quit your job, and move to the Bahamas. I can
assure you that any site telling you this is lying, pure and simple. Another
thing to really watch out for is a site that promises a great deal, but doesn’t
actually mention much about how it works or what product it is that they are
selling you. Sites like this will enchant you with stories of how they made
millions with this simple secret and how all their friends used it to make
millions too. At the same time these sites won’t tell you anything, or next to
nothing, about how it actually works. The rule here is that you should never
have to pay for your dreams, those are free, only pay for products and then
only if they work. So, How do you know if the moneymaking product is
legitimate?

            Whether
you’ve been to college or not you probably have some experience with research,
now is an excellent time to use it. Simply type in the company name, I can
guaranty you some one out their with a blog or some experience has probably
tried it already and either supports it completely, or will write a scathing
review, either way you have your answer. There are also plenty of places to get
free professional advice on the subject at a myriad number of forums filled
with professionals and it shouldn’t be difficult to track down a good one who
can tell you if your wasting your time or not. Just put the name of the type of
business the site is advertising into a search engine with terms like
“professional tips? or “forum? and you should do fine.

            Lastly
I want to go over a couple of notorious ways to lose your money online. One, if
you do find a good site, stick to it. I’ve personally bailed out way to early
too many times and I can assure you, you will always take a loss if you don’t
keep at it. Second, paid surveys and freebie sites are almost never worth the
effort, most paid survey sites are Latin for try out trial offers and we’ll rip
you off, then charge you with
fraud. Third, watch out for sites that ask for a lot up front without giving
you much in return, free offers and no risk offers are much more reliable, but
make sure they are really no-risk! Some sites will say that they are no-risk
and will then clock you with a dozen hidden charges, so read the terms and
conditions before you even enter your credit card number. I they don’t have a
terms and conditions page , run! There’s a lot more to cover on catching these
“scam? sites so there’s a good chance I’ll be writing more in the future. 

About the author

You are free to copy this
article to your site as long as you include the following resource information
with an active link to my site:

 

Wesley F Peltzer is an
author and researcher of several online businesses, as well as a website owner.
For more information please visit his site at http://www.step-right-up.com

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