Tuesday, August 19, 2008

Here is how to research money-making programs...

This blog posting is a result
of the email I sent to my
readers on August 12, 2008.

It dealt with a reader who had
been duped out of nearly $10,000
by one of the biggest names
in the "get out of debt"
business.

If you missed that issue of the
newsletter you can read it
at:
http://www.LeoQuinn.com/newsletters/August122008.html

Sadly, I heard from many other people
who told similar stories involving
companies other that the one
I was writing about.

So today I'm writing about how YOU should
investigate money-making programs...it's
what I do when I'm checking stuff out.

NOTE: This is my process for products
with a cost of over $100. Under
$100 and I'm not so thorough because
on the off-chance I am scammed and
can't get my money back, it's not
the end of the world.

If money is so tight that you are worried
about losing $67 or $97, skip it!

First go to
http://www.GetRichQuickExposed.com

This was my first attempt at an information
product.

I quickly figured out people
really didn't care what didn't work...
or rather they didn't want to PAY
to find out what didn't work.

Now you can read all about it for free.

I didn't try everything on those pages
but I tried a lot of them.

First let me preface these comments
by saying that not EVERYONE is out
to scam you.

A lot of the money-making stuff out
there actually works. It's NEVER
as easy as it looks at first but some
of it is legit.

For example, I paid $1000 for a program
in March of last year and within
30 days of getting it, I'd made
an extra $12,000 because of it.

In October of last year I paid $3000
for a program and within 30 days
had made an extra $12,000 because
of it.

You didn't hear about those programs
from me because there are maybe 5
people on my list of 32,000 who
could have done something similar.

I'm not going to get your hopes up
and waste your time by suggesting
you buy these programs.

Do they work? Yes. Could you have
worked them? Not likely without
the advantages I have.

I lose a lot of business from people
who'll promote my stuff only if
I promote their stuff.

If I don't believe in it, I'm not
promoting it. $1000 commission or
no $1000 commission.


Start your research of any program
on Google.

If it's a website simply type the
domain name in the search box...

WEBSITENAME.com
or
www.WebsiteName.com

Leave off the "http://"

If there is a phone number involved
in some promotion I'll put that number
into Google and see what pops up.

Google the names of any people
associated with the program.

If you check out a lot of these
things like I do, set up a special
email address.

I always sign up for any newsletter
offered. You can learn a lot from
those and you might get a special deal.

I have one email account with...literally...
21,340 emails in it...18,336 unopened.
I started that account on August 7th
of 2007.

A newsflash about all this research you
are doing. Most of the info you find
will be NEGATIVE.

I don't recall who coined the term
"mediocre majority" but they are the
ones who scream the loudest when
they fail.

As the Captain and Tenneille used to
sing, "don't be sold on the very
first one"...the first review that is.

Good or bad.

Do your own thorough research and
make your own educated decision.

Be wary of "review sites" that are usually
thinly veiled attempts to make a commission
when you click.

The first "review" I got from one
of these sites was something like...

"Hey check out this site...I haven't tried
it but it looks pretty good...just
read those testimonials!"

I unsubscribed from that list immediately.

Stupid.

I like to see websites that are updated
regularly.

On a website that is
selling a program to make money in
various investments, for example, I want to see
performance updates from the last
month at least.

Sure they could be faked but I at
least want to see an effort before
I continue my research.

Want to see what a website looked like
previously?

Goto:

www.Archive.org and put the domain name
in it's search box.

WARNING:

LeoQuinnn.com was UGLY back in March of 2001.

TESTIMONIALS

I prefer to see them from buyers rather
than friends of the seller.

I prefer specifics..."I did this from
page 212 and this happened."

As opposed to "this info is the best
thing since sliced bread."

Again, YES they can be and are faked
but not everyone is out to scam you.

These days I like to check out
youtube.com to see if the seller
has any videos OR if any buyers
posted review videos.

Don't forget in all this, to assess yourself.

If the business model you are considering
does not fit your personality, skill-set
or time schedule...move on.

You aren't going to suddenly change your
personality in the hopes of making
a lot of money.

Be honest with yourself.

Also assess your assets.

If the program you are considering is designed for
website owners, and you don't have a
website, MOVE ON!

It's foolish to spend money on something
that you are not ready to take advantage
of IMMEDIATELY.

You are looking for the low-hanging fruit.
The shortest distance between you and
money.

In your research you will come across discussion
forums with lots of good ideas, for FREE.

I saw one the other day that I really liked
and would be right up my alley if I needed it.

http://www.sowpub.com/forum/showthread.php?p=21970

I wouldn't do it exactly as he outlined it but
it would be very easy for me to do quickly.

That is a great entrepreneurial forum by the
way.



If the opportunity you are considering
involves selling something
to an individual, my first
question to myself is:

"How easy (expensive) is it to find a
potential customer?"

For example, it's a lot less expensive to
find someone to buy a pizza than someone
to buy a swimming pool.

You could spend five dollars sending postcards
to people who live within a mile of your
shop and sell a few pizzas.

Finding someone who has the desire, acreage
and financial ability to buy a swimming pool
will be far more expensive.

Granted this was not a great example in this
case, but I think it makes the point.

It's an important question to ask yourself.

So you've done all the research.

You're convinced it isn't a scam.

You will buy it using a credit card so if
it does prove to be a fraud you are assured
of getting your money back.

Go for it and give it an HONEST try.

Personally, I only get my money back if
the program is unrealistic, unethical or downright
criminal.

After all my research I buy and then decide
it's not right for me, even though it
would work if I worked it, I'll chalk it
up to experience.

The seller did his job and I think it unfair to ask
for my money back if it's ME with the problem.

Fair is fair.

Finally, if you are considering spending hundreds
or thousands of dollars on some opportunity,
step back and let it sit for a week.

Yeah yeah yeah there is a deadline. Believe me
that deadline is flexible if you have money.

If it's an info product, in three months or less you can
find it on ebay.

Hopefully this post has given you some good
ideas.

I wish you all the best in your search.

Rest assured that when I find something
that works, I'll let you know about it.