Work at Home Based Business

Archive for January, 2009

As an Internet, we all run into scams.  Things seem to get worse.  It looks like, the more we try to find new ways to make money at home, the more we find “bad guys” trying to rip off people.

Telephone lottery scams: These include the Canadian lottery scam and the El Gordo Spanish lottery scam, which deceptively uses the name of a genuine lottery. People respond to an unsolicited mailing or telephone call telling them they are being entered into a prize draw. They then receive a telephone call congratulating them on winning a big prize in a national lottery – but before they can claim their winnings, they must send money to pay for taxes and processing fees. The prize doesn’t exist.

Prize draw, sweepstakes and foreign lottery mailings: many typical scams take the form of prize draws, lotteries or government payouts. Most appear to be notification of a prize in an overseas draw or lottery in return for administration or registration fees.

Premium rate telephone number scams: Notification by post of a win in a sweepstakes or a holiday offer includes instructions to ring a premium rate 090 number to claim your prize.

Investment related scams: An unsolicited telephone call offering the opportunity to invest in shares, fine wine, gemstones or other soon-to-be rare commodities. These investments often carry very high risk and may be worth a lot less than you pay. The shares are not quoted on any stock exchange and you will not be able to sell them easily afterwards. ‘Solid’ valuable investments, such as gem stones, are often said to be stored in secretive Swiss bank vaults, so you can never see your investment.

Nigerian advance fee frauds: THE MOST KNOWN SCAM. An offer via letter, e-mail or fax to share a huge sum of money in return for using the recipient’s bank account to permit the transfer of the money out of the country. The perpetrators will either use the information given to empty their victim’s bank account; or convince him or her that money is needed up front for bribing officials. Pyramid schemes: offer a return on a financial investment based upon the number of new recruits to the scheme. Investors are misled about the likely returns as there are not enough people to support the scheme indefinitely – only the people who set up the scheme are able to make any money.

Matrix schemes: are promoted via web sites offering expensive hi-tech gadgets as free gifts in return for spending £20 or similar on a low-value product such as a mobile telephone signal booster. Consumers who buy the product join a waiting list to receive their free gift. The person at the top of the list gets their free gift only after a prescribed number – sometimes as high as 100 – of new members join up. In reality, the majority of those on the list will never receive the expensive item they expect.

Credit scams: another advance fee fraud, originating in Canada. Advertisements have appeared in local newspapers offering fast loans regardless of credit history. Consumers who respond are told their loans have been agreed but before the money can be released they must pay a fee to cover insurance. Once the advance fee is paid, the consumer never hears from the company again and the loan never appears.

Property investment schemes: would-be investors attend a free presentation and are persuaded to hand over thousands of pounds to sign up to a course promising to teach them how to make money dealing in property. Schemes may involve the opportunity to buy properties which have yet to be built at a discount. A variation is a buy-to-let scheme where companies offer to source, renovate and manage properties, claiming good returns from rental income. In practice, the properties are near-derelict and the tenants non-existent.

Work-at-home and business opportunity scams: often work by advertising paid work from home but which require money up-front to pay for materials; or by requiring investment in a business with little or no chance of success.

Ebay Scams/Paypal Bank scams

1. You can receive an email from “your” bank or paypal asking you to log in in order to..(say verify something) the page you are redirected is actually a fishing page and all the information,including your account passwords will be stolen. DO NOT EVER trust any emails like this. If in doubt,call your bank or go directly to the website(eg. www.ebay.com) and inter your account details there.

2. EBay scams may involve people trying to buy goods from you with money order,where they pay you with  fraudulent bill. You sent the goods,thinking your bank will clear this up,but it would not…. Always wait until the money are cleared by your bank,before sending stuff. Sometimes they use their own shipping company.

3. EBay scam which is also popular involves stealing someone else’s account(by the means of #1,etc). Then they post an item for sale for a price you can’t resist. When you purchase it, they will ask you to pay,using money order or similar service.  They can also set up a fake escrow service. Beware.

Use common sense for every purchase. If it’s too good to be true- IT IS.  

I got a new one last week. A company is telling me that they are looking for an finance director in Canada to receive funds from their client in US and Canada.  They need this because they are located in UK and have some problem with exchange rates, custom etc (blah blah blah).  Here is the trick, they ask you to fill a credit form that will help them to verify if they can trust you.  Of course you’ll be accepted.  Thereafter, they’ll ask you to transfer a certain amount in their account to ensure you’ll not steal their money ;-)

When we set out to search for online business, we receive so many messages telling us that not having a website is not a problem as the opportunity itself will give you a duplicate page of your own that you can promote.

This is great news if you want to market only one business on the internet. But look at all the people who are marketing successfully on the net. There isn’t a single person who is actually marketing one single product or service. You would find them Partnering in this or that venture, selling three or four e-books, being affiliates of numerous opportunities…etc.

Now let us say that you have opted to work with one single online business affiliate program that offers you a web page that you can promote. How will you promote it?

Let us look at the things you will NOT be able to do:

1- Exchange Links: Since you do not own the site, therefore, you cannot make any changes on it; accordingly you will not be able to add links to your site. If you cannot put links on your site then you cannot exchange links.

2- Forums: One of the Forums that I am involved in, and believe me it is one of the best forums around, recently announced that you can add to your signature either a product or a website that you yourself own and nothing duplicate or you do not own.

3- Adding your link to directories: I guess I will be safe to say that at least 90% of directories do not accept links with an extension. Meaning, your duplicate site would be something like that http://www.website.com/affliate . The directories would only accept http://www.website.com. Although I must say that some companies are overcoming this issue by adding your affiliate username at the beginning rather than as an extension. It would look like this http://username.website.com . In this case your chances to be accepted are better, still not very good though. As directory owners usually do not accept duplicate sites when they review it for approval.

What you will be able to do is the following:

1- Writing Articles: In your author resource box you will be able to put a link to an affiliate page.

2- Traffic Exchange sites: These also accept affiliates

3- Paid advertising whether online or offline.

You will realize from the above that out of the five free options listed above you will only be able to do two of them. While if you have your own website you will be able to build a full marketing effort without having to pay for any kind of advertising.

Remember this is with the limitation of having only one stream of income coming in. If you decided to get involved in more than one business then you will have to duplicate your work for each affiliate program when you are dealing with paid advertising.

The advantages of having your own website are numerous, but we will list a few here:

1- The flexibility of having all your online business opportunities in one place.

2- The flexibility of changing your content for search engine optimization and enhancing visitors’ experience.

3- The flexibility of automating your link exchange activity.

4- The Flexibility of automating your content management so as to have always new content on your website.

5- Of course we should not forget that all the things that we listed above that you cannot do with an online business affiliate duplicate page, now you can do them with your own home based business website.

6- Adding a newsletter subscription which will build you a list that no home business/online marketer can do without.

Does this mean that each person who wants to venture into online business must go into the trouble of building a website, designing it, and setting it up? Not really, there are opportunities out there which have the option of building your own website as part of the package. Yet you must make sure that you own the domain name.

Now maybe the reason you’re interested in setting up a home business is because you’ve seen an ad somewhere, or you’ve been approached by someone. It was all about a great work-from-home money-making opportunity, and you’re excited. Finally, you can quit your job!

If you’re thinking of working from home by someone else’s rules, though, you have to realise that at least 99% of the offers out there are scams – after all, if it was that easy to pay a few dollars and make thousands, wouldn’t everyone be doing it by now? Here are the biggest scams out there, how to recognise them, and how to avoid them.

Location, Location, Location.

Where did you see that work from home offer? If you got it in the post, or by email, or saw it on a poster taped around a telephone pole, then I can guarantee you right now that it’s not a legitimate offer. If you saw the ad in a newspaper, in a jobs magazine or on a jobs website, then it’s a little more likely to be legit – but not much. Always check out any offer, and assume it’s a scam until you have iron-clad proof to the contrary.

Envelope Stuffing.

This is the most established work-from-home scam, and it’s been going for decades now. Basically, once you pay your money and sign up to work from home, you’re sent a set of envelopes and ads just like the one you responded to. You might make some money if someone responds to your ad, but eventually there just won’t be a market for it any more. Anyway, work from home offers like this are illegal pyramid schemes.

You won’t make any money putting letters in envelopes – get over it.

Charging for Supplies.

The practice of charging for supplies is hard to pin down to any one scam – it’s the way almost all work-at-home scams work (including the envelope stuffing, above). You’ll be asked to make a small ‘investment’ for whatever materials would be needed to do the work – and then you’ll be sent very shoddy materials that aren’t worth anything like what you paid, and you’ll find that there’s no market for the work anyway.

If anyone asks for money upfront, run. A real company should be willing to deduct any ‘fees’ from your first paycheque – if they won’t do that for you, then that’s because they don’t ever plan to pay you.

Working for Free.

This variation on the scam is common with crafts. You might be asked to work at home making clothes, ornaments or toys. Everything seems legitimate – you’ve got the materials without paying out any money, and you’re doing the work. Unfortunately for you, when you send the work back, the company will tell you that it didn’t meet their ‘quality standards’, and will refuse to pay you. Then they’ll sell on what you made at a profit, and move on to the next sucker.

Never do craft work from home unless you’re selling the items yourself.  Note that you don’t need to be selling to consumers (you could be selling to wholesalers), but you still need to be the one deciding what you make and getting the money.

Home Typing, Medical Billing, and More.

There are lots of work-from-home scams that involve persuading you that some industry has more work than it can handle, and so has to outsource to people working from home. For example, you might be told that you’d be typing legal documents, or entering medical bills into an electronic database. These scams have one thing in common: they all say that all you need is your computer and they all then go on to say that you need to buy some ‘special software’.

This software might appear to be from a completely unrelated company, but don’t be fooled – the whole reason the ‘work-from-home’ ad was there to begin with was simply as cynical marketing for the software.

As you can see, running a ‘home business’ that just involves ‘working’ for one company is a bad idea. You don’t know who you’re dealing with. Here’s the clincher, though: even with entirely legal work-at-home offers that do pay you for your work, you still won’t make anywhere near as much as you can with your very own home business. So why bother with them at all?

Affiliate marketing is one of the hottest home business opportunities around.  With some basic training, you can easily set up an affiliate business and get started in a couple of weeks.

Affiliate programs are the best way for you to sell someone else’s products or service and get paid for it.  Selling through an affiliate program is a great way to sell on the Internet without getting knee-deep in product.

You market the product or service online (that includes websites, emails, forums, blogs as well as paid advertising). The company then is responsible for the product; they process the payments, ship the merchandise, and handle any complaints.  You provide the marketing and get the commission. Brilliant!

Say you own a website giving people information about Jazz Music. You could place links to products related to Jazz Music, CD’s, download sites, etc. on your website. When your visitors click on your links they will go to the website you are promoting. If they buy, you will be paid a commission. Not bad for providing information huh?

You can find affiliate programs just about everywhere these days.  A good way to find programs you’d like to join is by doing a search on your chosen topic.  See what your competition is doing for a place to start. The affiliate networks such as ClickBank and Commission Junction are great places to look as well.

Look everywhere you shop online. Check the web sites for the words affiliate or partners. You’ll soon see there are almost no merchants online today who don’t have some sort of affiliate program.  If you’re going to have a website or blog, you should definitely have affiliate links.

When you register for your chosen affiliate program you will receive your own personal ID number. When you place your link to the website you’re promoting on your website, you will use a link address which includes your unique ID. Anyone who makes a purchase via your personal link racks up commissions for you. These commissions are paid based on the pay schedule of that particular program.

There are a number of products which show you the ins and outs of starting your affiliate business. Check the resource box of this article to get the two best and most economical products on the market today. Each of these products is guaranteed by the product owner and each has its strong points. The most important one being, you get the information you need without spending a fortune.

Easy as pie?  Right? The truth is, you will probably need one of the resource products to get things set up; but I wouldn’t spend a lot of money on them. Check out the recommended products to get you started. Above all, get started. You won’t earn until you learn. Good luck.

* Do you feel strong, healthy, financially secure?

    * Are you too busy working to take the time to make more money than you need just to ‘get by’?

    * Will you be in the same position five years from now?

So you’ve scoured the internet for a home business and are now totally confused, how do you separate the real diamonds from the fake?

Most business opportunity websites focus on money and success stories. Do you REALLY think that you can:

    * make money with no investment of money, time or energy, or all three;

    * make money legally without selling a product or service;

    * make a thousand dollars between Friday and the weekend;

    * trust someone who tricks you into reading a web page with a dishonest headline?

What YOU need to focus on is deciding what you want to do, so that you will recognize it when you find it.

You need to learn how to be just as insistent as those scam artists. Learn what it is that you’re looking for, and never settle for less.

Here are some of the questions you need to ask in order to clarify exactly what you want.

What do you really want in life? No matter what your current situation, you need to look beyond those particular circumstances and decide what it is you ultimately want to achieve.

For example, you may have bill collectors calling you every day. Your automatic answer may be “I want them to go away, I want to be able to pay off my debts.”

You need to look beyond that. What you really want is financial stability and security so you can do what you really want to do, whether it be charitable, recreational, etc.

Yes, you want to be your own boss, regulate and schedule your own time, and control your hours and income, but maybe you also want to work with others who will train you to be just as successful as they are.

Do you want to market on the internet, sell, host parties, take orders, deliver products, handle stocking, inventory, or money collecting? Do you want to work independently most of the time, or do you want to work closely every day with others.

Don’t forget that there are many aspects of going to work for others that you may be overlooking because of current stresses or worries. Will you be content to sit at home alone in your home office day in and day out? Will you miss the commaraderie of conversations around the water cooler or over lunch?

Maybe you want to stay home with your young children. Will you miss having adult conversations?

What I’m suggesting here, is to look beyond the lure of the “quick dollar” and pay attention to the details of what you will actually be doing every day in any online business. If you don’t see it in print, ask! Ask those who are already working the business. Ask the owner.

Maybe what you are looking for is what is called the intellectual distribution business. It’s the next trillion dollar industry. It’s all about educating consumers about products and services that will improve their lives, that they didn’t even know existed; safer, healthier, more convenient alternatives to products and services they already need and use; it’s about wholesale prices, ordering online or on the phone, and deliveries right to their door.

Do you also want a system you can just plug in to, simple enough for beginners? Even if you know nothing about personal websites, live online conference rooms, or how to identify prospects interested in your products or services, you want to be successful and to have those tools and talents at your disposal.

You have the will to learn and earn, the persistence and the ability to follow directions. If you are a beginner, you can expect to find a business that will train you completely for free.