Online scams proliferate because of the lack of education about their anatomy. Here are some warning signs that should inform you that you are about to get scammed if you pursue online opportunities with these red flags:
1. Too much marketing terms
Home business opportunity: No experience required. No work involved. Earn $2000 in one week! It’s easy to spot these kinds of scams because they’re full of too good to be true promises. And, exclamation points, too. What job will earn you that much money in a week without having to have experience and NOT having to work at all? None. Nada. Zilch! Continue reading →
Tired of scams and sites that promise to reveal those scams when they’re just actually scamming you more because of their endorsement of affiliate links when they haven’t really tried the service or product yet? You’re lucky that you have checked out this blog today since Flood of Dollars’ Make Money Online Blog of the Week is all about two bloggers spending their own money to inform people which money making opportunities are real opportunities and which are run by opportunists - Steve and Joe’s I’ve Tried That.
Here’s an interview with Joe Staples’, one of the blog authors, who I find hilarious, by the way.
FOD: Do you blog full-time? If not, what’s your dayjob? What do you enjoy the most doing aside from blogging? Continue reading →
There have been rumors on whether Fummo is plain scam. Although I’m also suspecting this because of the unprofessional website design and poorly written content, I still gave Fummo until May 20 to prove that it won’t fail those who trusted them. If you’d read from their website, it’s supposed to launch on May 20.
Guess what? The gutfeel is right. It’s already May 21 and the six referrals that I have under my account didn’t earn me any money. But I don’t know when they’ve added that requirement that you have to do one of offers, i.e., get $70 bonus if you buy hosting from this or that site, before you can get the $5 per referral. And there’s no way I’ll do any of those offers.
So strike out that this blog post’s title. It’s supposed to be Fummo Scam Proven.
Update: I was sent an email just this hour by what he/she called Fummo admin:
Continue reading →
Flood of Dollars will be the house of all sorts of information on how to make money online the FUN WAY!
Almost everyday, you’ll see, hear, or read about a success story of a normal average person making it big time in the Internet. This inspires you, of course, and makes you think along the lines of “if he can do it, so can I”. Though that’s certainly a good attitude to have if you wish to make money online, keep in mind that like everything else, earning online has its share of disadvantages.
Pros of Making Money Online
Low Entry Costs
Some online businesses may still require you to spend hundreds of dollars setting up, but generally speaking and when compared to how much setting up the same business would cost in the real world, the entry costs for Internet businesses are still considerably lower.
Fewer Entry Barriers
It’s also easier to break into the scene in the Internet. You may have competitors from all parts of the world, and they may have more financial resources than you have, but in the end, all you need to survive is a website, the right SEO techniques, and lots and lots of creativity and resourcefulness.
Cons of Making Money Online
Being Computer and Internet Savvy
Obviously, you’d have to live and breathe computers if you wish to successfully make money online. This means diligently researching for the best SEO strategies and constantly monitoring your website. If you and the Internet are sworn enemies, there’s obviously no hope for you in this arena.
Higher Risks of Fraud
The Internet is a vast universe that’s unfortunately populated by an increasing number of swindlers. It’s easier to lose money due to various crimes in the Internet because the e-commerce is still a relatively young industry, and it lacks the presence of time-proven rules and regulations to hinder cyber criminals from doing harm.
In the end, it’s all up to you. People may say that your chances of making money online are pretty slim, but if you truly believe in your prospective business, then why not give it a shot?
Now after thinking and re-thinking of the pros and cons of making money online and you realize that the pros outweigh the cons for you, by all means, let’s get it on!
Keep yourself posted with the tips and tricks of profiting with the help of the Internet. Flood of Dollars will help you along the way.
[image from Flickr uploaded by Striatic]