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Great Online Business Opportunities vs. Outright Scams

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Published: 16Jan2006
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It seems there are more and more online business opportunities that come our way each day. There are also many more scams that present themselves each day, so we need to be careful when deciding to do business with these companies or not.

If you’re like most folks, you have a full-time day job but you want or need more money to live a better life. Many of us work day to day, barely getting by and just want that little extra to make our lives much better financially. With the latest technological advances like faster internet access and cheaper computer prices, more and more of us are able to get online today than ever before. With this access, we are able to see so many more online business opportunities we wouldn’t have had access to just a few short years ago.

With this also comes risk. With more great opportunities also come more scams. More thieves think of ways they can prey on folks to steal their hard earned money and do it over and over again. If you’re like me, you get assaulted with e-mail after e-mail trying to scam you out of something. Whether it’s a phony e-mail claiming to be your bank or someone trying to sell your Rolex watches, these scams are all around us. We need to be very careful about the websites we visit or the links we click. You should never reply with any of your private information to any e-mail, whether it be from a company you do business with or not. Legitimate companies will never ask for this information and they will never ask you to click a link to go modify your personal information.

When researching online business opportunities, you need to do your homework. Don’t just search for “money making ideas”, click on a website and sign up for a program without researching it first, no matter how great the opportunity seems. One basic way is to open up a web browser, go to Google and search for the company name along with the word “scam”. If you start making hits, read some of the threads. If there are many people out there trashing the company, then stay far away from that opportunity.

A great research tool to use is called Alexa. Alexa is a traffic research tool but can be used for much more than that. You can search on website to see what the Alexa rating is for certain websites, what reviews, if any, have been written about the company and possibly the owner, address and phone numbers. Lots of nice little goodies you wouldn’t be able to find elsewhere.

Another way would be to use companies like NetworkSolutions and their WHOIS service. In their WHOIS directory, type in the website URL of the company you’re researching. See who their hosting provider is. Are they keeping much of their information private? If so, this could be a red flag. This is not always the case however since the world is full of people who like nothing more than to cause problems for web sites, most companies these days prefer to keep their information private.

As with all investments, there are risks. Don’t invest more than you can afford to lose, start small and build up your accounts as you earn money in the programs. If you follow these simple recommendations, you will do well. Don’t get too attached to any one program. Even if one of the programs pays well and seems like they will be around forever, remember nothing lasts forever. Even the best run, well intentioned businesses can fail. Just remember these important points and your winning investments will easily outweigh the bad ones.

Andrew Daigle is the owner of many websites including Online Business Ideas at http://www.CashCurve.com , a Free Traffic Exchange at http://www.TrumpTraffic.com , Free DXInOne E-Currency Exchange Training at http://www.dxout.com and many more.

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