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IS IT A SCAM?
 
By: Dan Miller

A recent item about scams prompted a lot of
questions about "business opportunities" being
promoted. The most common question is, "Is it a
scam?"
The dictionary defines "scam" as
to obtain money from somebody by dishonest
means.


If someone asks you to send $4000 as a processing fee
so he can release his uncle's money from Nigeria and
share the windfall with you, trust me, you're being
scammed. But most ideas are not that easy to read.

Last week's item about scams prompted a lot of
questions about "business opportunities" being
promoted. The most common question is, "Is it a
scam?"
The dictionary defines "scam" as
to obtain money from somebody by dishonest
means.


If someone asks you to send $4000 as a processing fee
so he can release his uncle's money from Nigeria and
share the windfall with you, trust me, you're being
scammed. But most ideas are not that easy to read.

I have purchased thousands of dollars worth of
seminars, workshops, training programs and business
opportunity products over the years. I consider this an
integral part of my ongoing learning process. Yes, I
have a library of "millionaire" tapes that provided
little useful information, "business opportunities"
that consisted of photocopied government forms,
teleclasses where there was too much background
noise to hear the presenter, and hot cashew vending
machines that quickly produced moldy products.

The real key is to see the learning that takes place for
you in this process. Not every college course offered
any real value - but it was part of a larger process to
help you clarify your best options. I recently worked
with a young couple who had just sent over $20,000 to
an invention company that promised them wealth and
fortune. We know they will never see any return on
the very ordinary ideas they submitted. But my
counsel to them is that some people are sitting in
classrooms spending $20,000 a year hoping to get a
good idea here and there, and some people are getting
their "education" in other ways. Either way, it's a
legitimate way to be moving toward the right idea for
your ultimate success.


Bottom Line: There's less risk from
getting "Scammed" than there is from doing
nothing.

For more on recognizing scams: http://48days.faithsite.com/content.asp?CID=16449


 








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