Multiple Income Streams / How To Earn Money OnlineBeware Of Internet Business ScamsInternet business scams are one of the truly unfortunate realities of the Internet. The massive presence of worthless money making schemes and outright scams must be avoided. The millions of people worldwide who populate the internet combined with the relative anonymity that it affords attracts a full range of unsavory characters with the singular goal of separating unwitting victims from their money. They accomplish this by advertising various kinds of "money making" businesses or programs that require a relatively small initial investment (this effectively prevents your red flags from going up). The sales pitches for these programs are artfully and persuasively written appealing to you desire to create financial freedom and live the life of your dreams. Internet Fraud Verses Scams Verses CrimeIt is important to distinguish between these terms as it applies to our purposes at MEB. All three types of activities are perpetrated online, however, we are not including crimes such as Identity Theft, Phishing or phony email solicitations for money originating in other countries. The focus here is on traps that you want to avoid as you seek to establish legitimate, profitable ventures on the Internet. Fraud, which is a crime, is broadly defined as a deliberate misrepresentation which causes another person to suffer damages, usually monetary losses. The word scam is normally used when the fraudulent act is related to a business transaction. The definition of scam taken from the Geek Dictionary puts it all into context. Scam definition: "A device that exploits both the anonymity and accessibility of the Internet to fool people into thinking that they may be getting a good deal when in fact they are being ripped off". Scam and spam often go hand in hand. Usage: "Virtually all of these emails that you are getting telling you how you can get rich very quickly are nothing but Internet business scams". One Example of An Internet Business ScamMany of the schemes prevalent online reside in a grey area between outright fraud and legitimate business opportunity. Schemes such as these may be termed "gimmicks" because they may actually be an opportunity to receive a small amount of money. The receipts, however, will be overwhelmed by the downstream costs. An example is a prepackaged online business operation that sells some sort of dubious information product. This business is offered to you at a price that is low enough to make you "bite". Simply enter your credit card number and you will receive a complete website plus all of the marketing materials you will need to generate lots of web traffic and create a continuous flow of money into your bank account. In theory, maybe this quick, easy, no brainer business could deliver what it claims. But, what they don't tell you is that thousands of other people around the world will buy this same business with the same website and start marketing it. They also don't tell you that you will have to spend thousands of dollars and hours of time advertising your website. In reality, it is unlikely that you will ever see a profit but it is very likely that you will create a mountain of credit card debt trying to market your business. The simple truth is that a legitimate, viable online business will include two elements.
Probably the best advice regarding starting an Internet business is to create your own business and do not respond to any type of "chain" or "replicatable" business that is pitched to you in an unsolicited email or online advertisement. If you want to create a successful Internet business or perhaps, multiple online businesses, Site Build It is an excellent option to make it happen. Return From Internet Business Scams |