Internet Business Scams - stealing hard-earned money

Internet business scams abound, so it pays to keep your eyes open. What I mean is your "pay" will be money saved and aggravation and disappointment avoided. In my book, I'll take that as a form of paycheck any day.

Remember what Ben Franklin told us, "A penny saved is a penny earned." When you guard your pennies against scams, you're preventing crooks from earning your money through deceit. We all have better things to do with our hard-earned income, so we need to keep our eyes wide open.

The inspiration for this story comes from a nice lady I met at a conference in Cheyenne. Her name is Kathy. We were both attending the conference to learn about an offering from a company that makes its living on the Internet. When she highlighted several of her experiences with Internet business scams, I was instantly inspired to write this page.

Pardon the "French," but there are lots of shitheads out there, and we shouldn't be falling prey to any of them. In a nutshell, here is what she offered in terms of a horror story.

After retiring from a full time career, she never wanted to go back to regular work again. Who can blame her? So, she investigated one Internet business scam at a time until they all fell apart. She's quite a bit wiser now, but I should mention that she is several thousand dollars poorer now as well. That's a high price to pay for learning what I hope to impart in the course of the next few paragraphs.

Before you try to start up a business of your own on the web, stop and think for a minute or two or three about what you're being offered. In fact, "sleep on it" is great advice in these situations. Don't get ahead of yourself with excitement about getting rich quick on the web. The only people who are getting rich quick are those selling the idea that you can get rich quick.

Here are some simple suggestions that might help you see if something is a legitimate business offer or one of the Internet business scams.

  • Do you know what you're buying? You better. Don't make any commitment or hand over any money until you know what your money is buying.

  • Is it in writing? It better be. If it's not in writing, it isn't real. Don't take anyone's word for it. Whether it's on your computer display or on a piece of paper, it needs to be in writing.

  • Have you read the fine print? That's where the devil hangs out - in the details.

  • Is the "pitch" you're receiving from the company painting a realistic picture with respect to effort? Sure, everyone is going to attempt to paint their offering in a favorable light with respect to work, but an Internet business requires lots of work, just like any other business.

  • Is the company serious about you being in a serious business? How are they showing that? It better be something more than simply words.

  • What kind of support is available for you? Are you on your own or is there someone to speak with? Do they offer training materials?

  • Does the company offer tools and resources for you to be successful?

  • Is there a package of tools, resources and training that you're buying or is there something more that's necessary to succeed? Knowing this will help you ferret out the total cost of business startup and operation.

We all have worked too hard to let Internet business scams make off with our dough and leave us in the lurch. When you're investigating various opportunities, keep in mind that "they" are out to get your money, so you have to stay on guard.

If you'd like a personal recommendation from me, I suggest you investigate Solo Build It! (SBI). I use them to power my websites. I find they have great tools, excellent training materials, solid website hosting services, and they offer high value. And, they have great business ethics and don't tolerate any shenanigans from the websites they host. If you want to work with a top notch organization, I think SBI is a good choice.

Scroll to the bottom of the screen and click on the thin banner that says "Powered By: SBI!" I believe these folks have the "right stuff" as long as you have the will to start up and operate a real online business.

Done with Internet Business Scams, back to Avoid Money Makikng Scams

There certainly is a broad scope of topics here at Frugal Living Freedom. When you think about it, money permeates so very many activities in our lives, therefore, being frugal encompasses a wide range of interests, from being employed to taking a vacation, and just about everything in between. Enjoy the variety, pick up some new ideas, and start making frugality a part of your signature.

I'm a big proponent of being debt-free, and I mean entirely debt-free - no mortgage payment. It's not essential for financial freedom, but you'll love the feeling once you get there. If you didn't have a rent or mortgage payment, how much more could you do for yourself with your current level of income? I suspect plenty.

If you ever hope to see an abundance of wealth, you need to plug the hole in your boat. The wealthy don't necessarily make lots of money, instead, they know how to hang onto what they make, and make it work for them.