Wednesday, July 18, 2007

Moneymaking scams - part 17

This series is devoted to exposing online moneymaking scams. This is the 17th installment of the 17 types of rip-offs that will be listed here. To see previous installments scroll down the page or use the links on the right.

Government Grants and Giveaways

I have not ran into one of these things that aren't at least semi-shady. For one thing, if you really want a government grant the information is all over the internet and is free!!! Get off your lazy butt and type "government grant" into Google and see what you find (ignoring all the programs I'm talking about here of course).

These companies make it sound so easy to get a grant that you're expecting to pocket $25,000 in the next month! Believe me when I tell you it's not that easy. I wrote government grant proposals for a company I worked for and it takes time and qualifications to get them. It's true, the government does give away tons of money a year, but it's also true that your chances of getting any of it are pretty slim unless you have something they want!

I wanted to warn my readers of such programs and bought a package a few years ago. It was crap. Using the material they sent (just two small booklets) there was no way someone inexperienced with grants could get one. One booklet was devoted to showing you how to apply and the other just listed sources for government grants all of which is information easily obtained online. So there was $29.95 I could have just as easily went out to dinner on and still knew as much as I did before I got them.

But always wanting to believe in the best in people, I was offered a "free" CD on a website a while back that tells you that you can get government grants easily (just like always right?) and that you only have to pay the shipping on the CD to get it for "free".

So I did, and while most people won't bother to read the fine print on the order page I did. Guess what? By entering you credit card/bank account information you are agreeing to a membership on their site to the tune of ~$30 bucks a month! But I figured that I was going to cancel anyway before I ever got charged the $30 so I went ahead and filled out the form. I had 2 weeks to cancel so no problem right?

Well I'm a busy guy and pretty much forgot about the whole thing until I finally received the CD three weeks later! So I had already been charged! Then I reviewed the CD and the website so I could post this information and guess what? This CD looked exactly like a rehash of the two booklets I purchased years ago! I'm serious.... I still had the booklets in my library (I never throw anything away) and some of the information was exactly the same word-for-word! Some had been updated and there was a little more new information but for the most part all they did was recreate those booklets in an online form and continued ripping people off! They even show their "helpful" staff in a group picture. These are the people that will help you obtain your grant.

Guess what again? It ain't going to happen unless you qualify. And the worst part... as of this writing I'm still signed up with them because in order to cancel you have to call their (non toll free) office so someone can try to hard-sell you staying with the program.

I promise I will call them first thing in the morning to cancel! If they give me a hard time I'll post it below. :) For now... if you really think you qualify for a government grant, start by searching Google and do your homework. Not only will it improve your chances of getting a grant (you'll probably know more about it in a week than they know now), you'll be much better equipped to answer the questions the grantee will have for you.

For real honest moneymaking opportunities click here.

Until next time, to your success!

Kind regards,
Ken

Wednesday, July 18, 2007 8:33:54 PM (Pacific Daylight Time, UTC-07:00)

Moneymaking scams - part 16

This series is devoted to exposing online moneymaking scams. This is the 16th installment of the 17 types of rip-offs that will be listed here. To see previous installments scroll down the page or use the links on the right.

Membership sites

As with the free-to-join programs, membership sites are a mixed bag of very few legitimate sites along with a ton of sites that are designed to do nothing but collect your money each and every month.

The worst ones are nearly impossible to cancel sometimes taking 3-4 months before they finally stop charging your credit card or stop debiting your bank account.

The legitimate sites are usually easy to spot. They will tell you exactly what they are and how they work before you even have to sign up. If a membership site has true value they will retain their membership base because of the fact that their members are getting something for their membership fee and will want to continue to do so.

Many (only the best) will offer a free one month trial so you can see the benefit of being a member before you have to a cent. Most of the good ones are also very reasonable in the 10-30 dollar a month range. Some will offer services that are more than worth the monthly fee such as free autoresponders, redirect services (link stealthing), ad trackers, and sometimes even web hosting and other services.

I belong to one such program now and it supplies me with just about everything I need to run my various online businesses. Plus the training is top-notch especially for those that are new to online marketing. As long as I've been in this business I have even learned a couple things from their training materials. It's called Trafficwave and they have been around for a long time and are doing it very well. If you'd like to take a free trial for a month, check it out by clicking here, you won't be sorry.

There are a few legitimate membership sites that don't offer these things but can still be of great value. One in particular that I belonged to 3-4 years ago did nothing but document everything the site operator was doing to make money online. He'd start a new campaign every week and go into great detail of how he put it together, how he promoted it, and what the results were so far. This was very valuable information at $9.99 a month!

He would actually list the forms of advertisement he used along with the results from that advertising! This included bulk and solo ads in newsletters, banners (pay-per-click wasn't around yet), emails to various lists, and  other forms of traffic generation. This information alone saved me lots of money per month! Much more than the reasonable monthly membership fee.

Now on to the ones that you definitely need to watch out for. I have also belonged to some membership sites that were not very good. One I signed up for in early 2006 was one of the biggest scams I have ever seen. It had a monthly membership fee of $47 with a OTO (one time offer) that told you in order to make big bucks you needed to upgrade right away to the $97 monthly fee.

The sales material was so good that even I in my jaded and suspicious frame of mind bought into it hook like and sinker. To top it off they only showed you a months worth of their so-called "training" at a time because, according to them" they didn't want to overwhelm you. Bull Sh*t! All they wanted you to do was to promote the same program to other unsuspecting opportunity seekers and they would pretty much split the monthly fees with you!

I stuck with it for three months because the training material always just kept you guessing what was coming the next month only to find out that guessing is all you'd be doing. So after three months I went to cancel my membership (something that was guaranteed to be easy) only to find out that there was nowhere on the site to contact anyone.

So I did what I thought was the next best thing, I tried to get it cancelled through the payment processor they were using and thought (after a month of going back and forth with them) that I was finally out from under this terrible program. Until the next month rolled around and I found another change on my credit card!

I contacted them again and was told that all I did was cancel my membership on the site, if I wanted them to stop charging me I'd have to get a hold of the site operator. I explained that I couldn't find that information on the site and since now they had cancelled my membership I couldn't even log onto the site to look again! They gave me a web address where I could submit a support ticket which I did.

After two more months of back and forth BS I finally was not being charged anymore. I asked for a refund for the two months that I couldn't even access the site but was informed that I wasn't qualified for a refund! Is that crazy or what????

Be very careful when signing up for membership sites. I wasn't going to mention any names but this one needs to be exposed because I'm not the only one hurt by them.... well, I guess I probably shouldn't list the name here because he really isn't doing anything illegal but I will tell you that the push is that you can make $1057.50 for practically doing nothing. And on the sales page there is a bank statement showing and incredible $114,186.33 for a month's worth of sales!

Unbelievable? Of course it is... unless it's his bank statement for duping in unsuspecting people like me! :) Then it goes on to say "Would $114,183.33 a month do the trick for you?" Of course it would! But you're not going to get it here! Oh and before I forget.... right at the top of the page it says this is a very limited time offer... sure... I signed up in early 2006 and as I write this it is Late November and the offer is still floating around out there.... I wonder what he means by limited time offer??? Never buy anything online from someone who is misleading in their sales page.

One other thing... if you read the entire page you'll notice a section devoted to What this program is not! RED FLAG!!!!! But like I said... this sales copy is so enticing and written so well that even I had to know what this one was all about. Now I do... and now you do too.... but it didn't cost you nearly $600 to find out did it? :)

If you do run into a membership site that you are interested in, email the operator and ask for a free month to see if the site is a good fit for you. If the site has value and the operator is honest he will gladly work out some kind of arrangement for you to preview the site.

If nothing else he will at least give a detailed description of what the site has to offer and let you make up your mind from there. Plus you'll know how to contact the guy/company and request a cancellation if you no longer want to be a member. You can get a great feel for who you're dealing with after a couple personal emails. If he/she/they don't have time to answer your emails then I'd move on to the next opportunity.

Like I said before, I belong to Trafficwave and I find it very valuable for the reasonable monthly fee. And anytime I want or need to ask a question they are right there for me. Highly recommended! Click here to check it out.

For real honest moneymaking opportunities click here.

Until next time, to your success!

Kind regards,
Ken

Wednesday, July 18, 2007 8:30:39 PM (Pacific Daylight Time, UTC-07:00)

Moneymaking scams - part 15

This series is devoted to exposing online moneymaking scams. This is the 15th installment of the 17 types of rip-offs that will be listed here. To see previous installments scroll down the page or use the links on the right.

Free To Join (or any free e-book type offerings)

I'm a little hesitant to mention these here because there are some very legitimate free-to-join programs and some free e-books that have true value. I even promote some of these myself. But there are also enough scams out there using these methods that I have to at least try to let you know how you can tell the difference between the good and the bad.

There are at last two types of the ones to watch out for.

The first is the kind that you are free to join and you can make money on those that you refer *but only* if they upgrade to a paid plan. I'll tell you right now that no one upgrades to the paid plan. I mean, if you don't, why on earth would you think anyone else would? And even if you do what makes you expect anyone else is going to?

I'm not saying you can't make any money in these things, I'm just saying even if you do make a little money it's not even going to be enough to make it worth the time to drive traffic to your signup page. There are other programs that generate better results.

The other kind to watch out for are the ones that will give you a site for free with all your affiliate links in it. But if you look closely you'll notice that not all of the links on the page point to your affiliate partners.

For one thing it would be awfully expensive to belong to all the programs that are normally listed on these kinds of pages. So what happens is the guy that put the program together puts his links on "your" page where ever you haven't supplied an affiliate links for him to put in it for you. See where this is going?

Now you promote the hell out of this page and he gets free hits on his links which are on every "free" website that he has "given" away! Not only that... but if you do decide to join more of the programs so you can get more of the revenue from advertising your page... he'll have a spot where you can conveniently sign up! I wonder why? :) You'll be signing up under him which makes him even more money!

Now there's nothing wrong with this... it's actually nearly genius in a way. But I've had a couple of these and have never got one signup or sold an affiliate product once! This is after I had driven tons of traffic to "my" sites. 

To top it off you should know that these websites aren't put together custom for everyone that has one. They are database driven, meaning they all look the same and everything is done automatically!

You do all the work of setting up your own website (except for the initial creation of the original template website). When you enter your information and affiliate links it is all put into a database and then when you send someone to that page with your id attached to the web address (URL) the information you entered is retrieved from the database and the page gets built on the fly with your information and links on the page (except of course for all the links that still belong to the owner of the program because you didn't belong to all the programs offered.

If you really want to make money with these kinds of websites start one yourself! I have extensive database back-end web programming experience and I'd be happy to help you put one together if that's what you want to do! :)

Before I leave the Free to Join subject I do want to let you know that there are some legitimate programs out there. One I promote heavily is Entertainment 4 Less. You can check it out by clicking here.  This is only free because it's in pre-launch but the nice thing is that it will be free for your lifetime if you get in before the program launches. The reason it's free now is because the founders want to get as many people in as quickly as possible so they can launch sooner.

I think it's a great idea and it's obviously working because I have over 800 people in my downline as of 4/15/07 and I only joined in October 2006! This is one free-to-join program that I believe in 100% and promote every way I can.

Do be extremely careful with free-to-join programs in general. You can waste a lot of resources and time on these and have nothing to show for it in the end.

For real honest moneymaking opportunities click here.

Until next time, to your success!

Kind regards,
Ken

Wednesday, July 18, 2007 7:44:05 PM (Pacific Daylight Time, UTC-07:00)

Moneymaking scams - part 14

This series is devoted to exposing online moneymaking scams. This is the 14th installment of the 17 types of rip-offs that will be listed here. To see previous installments scroll down the page or use the links on the right.

HYIP (high yield investment programs)

They are also sometimes called auto-surf programs just to get away from the bad name HYIP is starting to generate.

These things are HIGHLY illegal!!!

Don't even consider putting ANY money into these!!!

If you really have that kind of money to waste please just send me an email telling me how much you want to give me and at least you'll get a thank you from me! These guys take your money without so much as a thank you!

I'm not going to waste any more time on these... if you want to know more do a Google search for "12 Daily Pro FBI" and do a little reading on your own. You can thank me for this one later! :)

For real honest moneymaking opportunities click here.

Until next time, to your success!

Kind regards,
Ken

Wednesday, July 18, 2007 6:24:18 PM (Pacific Daylight Time, UTC-07:00)

Moneymaking scams - part 13

This series is devoted to exposing online moneymaking scams. This is the 13th installment of the 17 types of rip-offs that will be listed here. To see previous installments scroll down the page or use the links on the right.

Traffic Generation/Advertising Sites

Now I'm not talking about traffic exchanges and such here. I love traffic exchanges and safelists! I know there are many out there that would argue about the effectiveness of these things but I’ve had excellent results with them and I go with what works!

Back to the subject. :) What I'm talking about here is programs that are usually very expensive in the $1000-$1500 range. And they usually offer a big commission (upwards of 66%) to promote their program. But with all the other programs out there in the same price range it's a very hard sell.

For that matter, most people just getting into online marketing are pressed for cash as it is and can not afford to shell out that kind of money on something that isn't a sure thing.

Experienced online markets have no use for these things so your customer base is nearly non-existent to start with. But guess what? The person that referred you has already got their 66% and the company just got another 33% so they don't care! There are better ways to make an honest living on the internet so stay away from these!

For real honest moneymaking opportunities click here.

Until next time, to your success!

Kind regards,
Ken

Wednesday, July 18, 2007 6:21:48 PM (Pacific Daylight Time, UTC-07:00)

Moneymaking scams - part 12

This series is devoted to exposing online moneymaking scams. This is the 12th installment of the 17 types of rip-offs that will be listed here. To see previous installments scroll down the page or use the links on the right.

Doublers, Triplers, etc.

The vast majority of these are illegal! But there are always exceptions to the rule.

Some will offer a product or service to get around the legal loopholes but this still doesn't make them a solid business opportunity.

The problem is that these things, even if they are borderline legal, are impossible to sustain.

Let me give you an example. You sign up and deposit some money. It varies by company but there's usually an upper limit and sometimes a lower one but it's normally not more than $10.

Then they guarantee that you will double or triple that amount in a certain amount of time. This also varies but is usually in the 1-3 month range.

Be extremely careful of the ones that say they'll double in less than a month. So you put in $100 and in three months you get back $200! Great right?

So what's the problem??? This is the problem. They have to continue to get new people in faster than those already scheduled to get payments. Where else is the money coming from?

Some say they are trading Forex (Foreign Currency Exchanges) but no one makes that kind of money even in the lucrative field of Forex. So no... sadly the majority of the money comes from new deposits.

When the payouts are bigger than the new deposits these things fold faster than you can imagine (overnight). And the money that is left in the program usually goes with the operators! Please just stay away from these and don't get burned.

For real honest moneymaking opportunities click here.

Until next time, to your success!

Kind regards,
Ken

Wednesday, July 18, 2007 6:16:53 PM (Pacific Daylight Time, UTC-07:00)

Moneymaking scams - part 11

This series is devoted to exposing online moneymaking scams. This is the eleventh installment of the 17 types of rip-offs that will be listed here. To see previous installments scroll down the page or use the links on the right.

Retail Sales

There are tons of real products you can find to sell on the Internet. Books, meat, perfumes, health aids, weight loss products, and practically anything else you can think of. 

These are ALL legitimate products. But unless you are a savvy salesman with lot's of experience selling products over the internet you are not very likely to generate the kinds of sales it takes to be successful. The other problem is you have to inventory product, ship, handle returns and customer complaints (even with products you’re proud to sell there are always some people that just can't be satisfied).

If you can find a company that will drop ship the product for you it would be much better. But you still have to know how to market on the internet to be successful at this.

If you truly want to pursue this opportunity be sure to pick up and excellent internet marketing course like I have available here. It will save you tons of money and time in the long run and will all but guarantee your success if you stick with it!

You're probably wondering why I even listed retail sales here. It's because most companies out there selling this kind of opportunity are not very good about helping you succeed. They don’t give you the tools or the training to become successful.

There are exceptions but be sure to talk with a successful distributor (one that will not benefit from you joining) and ask them to be truthful with you. Most people, if asked nicely to be truthful, will.

For real honest moneymaking opportunities click here.

Until next time, to your success!

Kind regards,
Ken

Wednesday, July 18, 2007 5:54:15 PM (Pacific Daylight Time, UTC-07:00)

Moneymaking scams - part 10

This series is devoted to exposing online moneymaking scams. This is the tenth installment of the 17 types of rip-offs that will be listed here. To see previous installments scroll down the page or use the links on the right.

Get A Site Just Like This One

If you've been looking into marketing online I'm sure you've seen lots of variations on these.

Some have affiliate products for sale (with your affiliate links embedded in the page), others are just for Adsense revenue (which Google has already cracked down on!), and still others have a combination of the two.

Some are even going so far as to offer niche products. I can't say that all of these operators are flakey but the majority are. Most are there just so you can get other people to buy the same site from you! Say one of the people that you sold one of these things to actually did some heavy promotion and got a couple sales from it. You wouldn't get anything for it.

The site operators always make more money on these than you ever will. For one thing, some of the programs offered are affiliate or MLM programs that cost money to join. If you can afford to join all these programs you *may* be able to generate some kind of downline from them. But you are still joining all the programs under the site operator and he/she will get commisions on the fees your paying regardless if you make any sales or not. Most times these are monthly fees so you still have money going out with no return. If you don't join all the programs then the site operator puts his/her ID into the ads of the programs you don't join and they will get credit for any signups from traffic you have sent to the site. So it's a no-win situation for you... either you pay to join all the programs and have the associated monthly costs with no garantee of return, or you only join what you can afford and possibly send more customers to the site operator for your hard traffic-driving work.

Don't get me wrong... I'm not down on the site operators, just the opposite, I think they are very savvy business people and have created great systems to generate money (for them!). Be as smart as they are and really look at what's happening in these programs. If you want to join one, by all means do. They do have some advantages over putting together you own site such as, no hosting fees, no web design fees, everything is already automated, etc.... but if you do join and promote one just be sure to go into it with open eyes and remember that in the end you are promoting someone elses business. 

At least if they were set up more like an affiliate program you *might* be able to make a little money if you can get enough people to buy their site from you. But it's highly doubtful that anyone who buys the site will do anything with it anyway.

There are better ways to make money on the internet. The only thing I could recommend these things for is to test your own idea of having a website devoted to selling affiliate programs and generating adsense revenue.

You'll see quickly how hard this actually is! My advice... steer clear... your promotional resources are better spent other places.

For real honest moneymaking opportunities click here.

Until next time, to your success!

Kind regards,
Ken

Wednesday, July 18, 2007 5:27:16 PM (Pacific Daylight Time, UTC-07:00)

Moneymaking scams - part 9

This series is devoted to exposing online moneymaking scams. This is the ninth installment of the 17 types of rip-offs that will be listed here. To see previous installments scroll down the page or use the links on the right.

$100,000 in Four Months or Pay Nothing

This is another one of those "to good to be true" opportunities. That should tell you right off the bat if it's to good to be true, it usually is!

The deal here is they promote your program and if you don’t' make $100,000 in four months they won't charge you their $15,000 fee.

Sounds great right?

I mean what if they only made you $40,000? You'd still be $10,000 a month ahead and you wouldn't have to pay the 15k! 

Problem is they know they can't make $100,000 promoting your program or product. They know they'll never collect your 15k. So how do they stay in business?

They also have a "setup" fee which is non-refundable. They already have your money and they couldn't care less if they drive any sales at all for you!

Think about this.... if they could take *any* program and make $100,000 from it in four months why wouldn't they do that instead of just getting $15,000 from you?

You may say... well they can get the $15,000 from several people and then can make over $100,000 by promoting several people programs. Really? Why wouldn't they just promote those same programs themselves and make $100,000 on each one???

Think about it... and stay away from programs like these!

For real honest moneymaking opportunities click here.

Until next time, to your success!

Kind regards,
Ken

Wednesday, July 18, 2007 4:25:47 PM (Pacific Daylight Time, UTC-07:00)