Banking and Finance

Banking and Finance  » Make Money Scams Don't Work? No...You Don't.

Make Money Scams Don't Work? No...You Don't.

Are Make Money Scams Your Fault? ===============================

Make money failure? ------------------

If you toss a coin 100 times and it comes down heads 99 times,

does that prove that it is a two- headed coin?

Match Your Abilities --------------------

You have heard that if you invent a better mousetrap the world

will beat a path to your door.

Imagine that you sell your invention together with full

manufacturing and selling rights to 100 people. One make money

purchaser is soon a millionaire because of your invention. The

other 99 people clamor for their money back. It didn't make

money for them therefore it must be a scam.

They must be right. As with the coin toss 99 times out of 100

proves that it is a scam and nobody can make money.

My Failures -----------

Inkjets: I bought a kit to make money by refilling inkjet

cartridges. I had big plans about expanding my business once it

could make money big time. I would set up a van, and drive round

the country businesses in Western Australia, and make money

refilling their cartridges each week.

Or I might even be able to drive into the parking lot of some

local manufacturers who had hundreds of inkjet printers

operating, and refill a couple of hundred cartridges before

driving on again. Think how I could make money then!

My main abilities are technical, which suited refilling the

cartridges.

My main lack of ability is in salesmanship. The business failed.

I only made a few hundred dollars out of it over a period of

several years.

Was the idea a scam? No. I am a bad salesman. Others do make

money this way, and very good money too.

Translation: Next I bought a make money idea to become a

translator. This was great. I sailed through my translator's

exams and joined two professional organizations.

But the work didn't come in. I didn't make money.

It turns out that not all translation is equal to make money. If

you can translate from English into the language of a new

third-world market that manufacturers want to open up you can

make money - large dollops of it. The manufacturers are happy to

help you to make money so that they can make money in larger

quantities.

However, if you translate into English as I do, then the

manufacturers are in the third-world countries. That means that

they can't afford quality translators. They will always go for

the cheapest work from their own country where slave- labor fees

are charged. It doesn't matter that English is not the native

language of the translator. The manufacturer can't afford to

help you make money by going for quality.

I only made money of a few thousand dollars over two years.

Make Money Scams ----------------

Of course, there are make money scams like the one about getting

money out of Nigeria. You can often recognize this type of scam

by

1.If it sounds too good to be true it probably is.

2.Money making scam merchants like it to be barely legal. That

way you won't want to complain about them to the authorities.

3.No work needed. If it needs no work to make money, why do they

want your help?

Make Money from Services ------------------------

In the examples I gave above I was trying to use my services to

make money.

You will almost always make some money - even if you are a

hopeless salesperson. The only trouble is that you may make

money that is too little to interest the tax man. It is

embarrassing when the tax man returns your money with the

comment that it is a hobby not a business to make money!

But suppose that you are a brilliant salesperson. In that case

can't you find better ways to make money than working hard? OK

suppose you are a mediocre salesperson. You have found a service

where word of mouth soon brings you so much work that there

aren't enough hours in the day for it.

That is the big problem. Why do you want to make money? To get

freedom? Then why are you working 70 hours a week on your

business to make money? What kind of freedom is that?

One way is to sell the business for a large sum of money and

then build another, and sell that to make money.

Today's Popular Articles

• Making money with income properties

• Advertise Your Way.... All The Way To The Bank

Automated Income ----------------

This is the best way to make money. You don't make money with no

work. It takes a lot of hard work to set up the automation. But

it is cumulative like a rolled snowball. The hard work you do

today will make money for you tomorrow and next year and...

Grasp Opportunity -----------------

I had the chance recently to buy into a business that needs my

technical abilities and needs no salesmanship to make money. I

grabbed the chance. You can't get in - the offer was only open

for 24 hours. If you are too skeptical then when opportunity

knocks you will miss your chance to make money. Fortunately I

already had experience of working with the vendor, so my

skepticism was low.

How To Match Your Abilities With the Opportunity

-----------------------------------------------

It's only logical. If you want to match the opportunity to your

abilities you want to have as many opportunities to choose from

as possible. So I've gathered a range of articles by many

authors.

Don't be brainwashed by just one author, but please, don't ask

for a refund just because a way to make money doesn't work for

you. Unless it is a scam like the one about helping to get

hundreds of millions of dollars out of Nigeria then the fault is

probably your own.

One man who became filthy rich from the internet says that he

expects 15 out of 16 of his projects to fail. He starts banking

his ongoing income from the sixteenth project, then moves on to

the next sixteen.

---

Ian McAllister wins some and loses some but is always looking

for new ways to make money. Visit his new site packed with ideas

to make money

About the author:

Ian McAllister has spent thousands of hours trying out ideas to

make money. Some made thousands of dollars. Some lost a few tens

of dollars. But he would never have had any successes at all if

he had not been prepared to try and fail. His new site is packed

with ideas to make money and new pages are added every day or

two. Get your ideas to make money here. http://money.swag4u.com