Internet Scam FOTM

I’ve fallen for a lot of scams in my lifetime.

This includes all the crap stored in my basement and thousands of dollars in credit card debt I had from buying multiple business opportunities before I started online.

It also includes buying some ‘turn-key online opportunities’ early on in my online career.

The worst loss was $100,000 to a real estate scam.

That one hurts…even when you’re earning a lot of money.

And I regularly hear about people who lost thousands or even tens of thousands on online business opportunities that don’t go anywhere.

It seems like there is always a new flavor of the month being promoted.

Don’t get me wrong. I’ve earned an incredible living online for 23 years. And I’ve invested a lot of money in websites, online tools, education, outsourcing, etc. Any money lost to ‘scams’ has only been a drop in the bucket to all the great products and services that have helped me over the years.

Experience is an incredible teacher and over time I learned to spot what was good and what was fake, especially in online business.

1) Scams promise fast money.

Is it possible to get a business up and profitable online in less than 30 days? Yes, but it’s not likely.

The ‘overnight successes’ often shared as examples come because of the foundation they built over months and years before. Having previous business experience is an advantage, even if it’s in an unrelated field.

2) Scams promise to do all the work for you.

There are a lot of great tools and products that help you save time. A scam promises to do the work for you…especially the ‘thinking’ work (where the money comes from).

Running an online business is going to be a lot of work. Of course, it’s not physical labor and you’ll not bake like a roofer in the hot Florida sun. Instead, it’s brainstorming and coming up with ideas that benefit your audience.

3) Scams talk about making money without adding value for an audience.

Online business can be wildly profitable because it allows you to reach and create value for a large, worldwide audience.

The core question you should continually ask yourself is…

“How can I bring more value to a larger audience?”

If you stay on that path, you’re moving in the right direction.

Scams pull you off that road into super-secret, ninja techniques to pull the wool over the eyes of Google and suck money out of your customers like a vacuum cleaner on steroids.

And here’s a bonus one that goes along with that.

Scams are all about the opportunity. Get in on the ground floor of this amazing opportunity before it’s too late.

Good, valuable products and services talk about who you will become. They give you new knowledge and skills. You grow in your identity as your expertise grows and you help more people.

It’s not a one-time event.

It’s a journey as your income grows while giving more value to a larger audience.

If you’re interested in a helping hand as you travel that road online, I offer two options.

The first option is limited to just 20 clients at any one time. Find out more about my private one-on-one coaching here…

It’s currently booked up right now, but you can join the waiting list to be notified when spaces open up.

Option #2 is my Club that includes a monthly print newsletter based on systems clients and I are implementing into their businesses right now…PLUS a members-only discussion board where you can get feedback from me and a monthly webinar for Q&A.

After you join, go to the webinars page in the membership area and register for the webinar. It’s coming up this Friday.

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About The Author

Terry Dean

Terry Dean has been in full-time internet business since 1996 and has helped thousands of entrepreneurs get started online through his articles and products. He lives in Dunnellon, Florida with his wife and 2 dogs. Find out more about how the Monthly Mentor Club can help you today.