Thursday, May 14, 2009

How Being Scammed and Failing are not Synonymous with a Home Based Business

There is an endless variety of home based businesses on the internet. Do you know if the one you are currently contemplating is a legitimate income opportunity or a scam? Is that revolutionary wealth opportunity just a bunch of hype with no truth behind it? It’s a sad fact but maybe that “unique” home based business opportunity is a little too unique. In fact, it’s so unique it’s illegal. But just because there are a few bad apples, it doesn’t make the whole bunch rotten.

Every now and then, there will be a big “to do” about a scam that some people get burned on and then you know what follows - articles, ads, tons of negative content, etc. that the whole home based business industry is corrupt. Nothing could be farther from the truth. For every one unethical or crooked online business person there are literally thousands that are straight as an arrow and go strictly by the book.

First and foremost, always do your homework. There are a number of things you can do to protect yourself against scams. The last thing you need is any negative press that you’ve gotten by being involved in some corrupt online business, especially when you are working so hard at branding yourself and earning a living.

Anytime you are the slightest bit suspicious, or if something strikes you the wrong way, start asking questions, and keep asking them until you are comfortable and confident with the answers. If your gut keeps telling you that something isn’t right, chances are it really isn’t, and you don’t want anything to do with that business.

Consider these questions and suggestions when you are doing your research:

• Read as much as you can about the home based business opportunity you are considering getting involved in.
• Find out if that company is a member of the BBB (Better Business Bureau).
• How long have they been in business? Be skeptical of new start-ups.
• Can you chat with members of the business (i.e. affiliates) and get their take on things? If they can’t answer your questions, walk away from that business and look at others instead.
• Type the name of the business into the search bar and see what kind of results you get after you do.
• Check out those sites that target online scams and get all the information you can about the issue.
• If you are a member of chat rooms, forums, or social networking sites, ask if any of the other members are familiar with that business.

After you have narrowed down your choices, try to find out information on Terms of Service, Privacy Policies, and FAQ’s of the various companies you are still considering. If they boast that their business is a substantial income opportunity for you, they better have proof. Otherwise you need to walk away. However, never let this discourage you. The fact still remains that there is a serious home based business opportunity with your name on it, and it is a legitimate income opportunity as well.

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