Buyer Beware Business Opportunity Scams Abound

Most business opportunities are not worth investing a penny into.

The ones that are generally are called Franchises. The value in a franchise is that it comes with the branding already done for you. People will recognize a Subway or McDonalds no matter where you are, so you have a built in customer base.

Be it Amway, selling jewelry (and other products) on a party plan, vitamins that you have to invest in a
ton of inventory to carry around, or the door to door knives scheme that costs $500 to join, each and every
one of them makes their money off the people looking for the opportunity, not from the products sold to the
average consumer.

Very few people ever make any money with these so-called ‘business opportunities’. I’ve personally never
met even one, though I’ve known many people who have gotten involved in these businesses. All of them
spent more than they ever made back.

Seminars are the worst. Sometimes they
call them boot camps. Come to our seminar and we’ll show you how to
make tons of cash.

The seminar costs a few hundred, at least, then the plane cabo golf resorts cabo golf communities tickets, hotel bookings and so on. When you get there they give you a bunch of hype to make you feel really good about making money.

Who can say no to money?

Then they show you some guy who is getting really rich in this business, and promise you that: You can do it too! Now go back home and start doing it!

The guy that’s getting really rich is profiting from the seminars he gives.

Then there are the ‘Spend No Money of Your Own!’ real estate courses. Courses happen in college. If you want to learn about the real estate game, go to the bookstore or the library.

In listening to some of these tapes I was overwhelmed by the sheer lack of information they contained. Yes, the guy spoke for hours on the CDs, but
he never ‘said’ anything.