THE GROWING ARRAY OF GET RICH QUICK SCHEMES ONLINE – Online ‘Get Rich Quick’ schemes generally target a certain group of people and these mainly fall into two groups; those who are in financial difficulties and those who are greedy.
Targeting people who are in financial difficulty is in my view probably the most immoral business practice you can engage in and clearly shows that the individual has no moral scruples and that their only goals is to make money from the unfortunate at any cost.
As for those who are greedy it could also be said that they are lazy, with no ability to think beyond making easy money and I would challenge anyone to have any sympathy for these individuals.
The number of online scams and get rich quick schemes appears to be growing on a daily basis and with all the information available online I am perplexed as to why people fall for any of the offers being made.
It doesn’t matter what online scam or scheme you look at they are all about selling a product that will make you rich and yet people still fail to understand the basic principle of business; that is if you have found a way to make money from a product you are NOT going to share it with others so that they are able to shrink your potential market.
Think of it this way… Would Facebook sell its site architecture to everyone for $99.99? Of course they wouldn’t because this would then dilute their company’s value and the number of people using its service; which gives it its value.
Get rich quick schemes all basically work on a cartel or pyramid type structure in that a person buys the a licence to the product in order to sell multiple licences to other customers and therefore create a chain whereby the original creator takes a cut of all sales making him or her extremely wealthy while others pushing the product are left working for peanuts until they are able to sell on enough licences so that they then receive royalties on sales made by others.
The product really is irrelevant but one of the biggest scams online has to be ‘automated SEO software’. I have viewed a number of webinars where the creators of software spend 90 minutes or more talking about how much money they have made through the automated process of Search Engine Optimization (SEO) which has resulted in Google sending millions of visitors through its search facility to the target website in which people then buy into scams being offered.
The lure is always the idea that you are about to make vast sums of money and all you need to do is enter in your email address to receive their free information pack. The result is that you will then receive one or two emails that will point you to websites that sell the latest and easiest way to make money online.
The get rich quick scammers do not dedicate their time and efforts to just one product and in fact affiliate themselves with hundreds and in some cases thousands of products that reportedly will make you instantly wealthy. As they lure in potential victims the value of these products increases and therefore the profits they are able to accumulate.
As people take up certain offers their contact details and other information are then sold on to other scheme promoters who in turn flood your email box with all manner of easy and fast ways to make instant cash. This becomes an ever revolving door as your contact details are passed from one to another and each then taking a commission from the sales it generates.
The get rich quick industry is a multi-billion dollar concern with more and more gullible people signing up or attending seminars set up by scammers. Governments around the world are failing to end these scams as they simply do not have a deep enough understanding of how the internet really works.
After 20 years of working online I would like to say I’ve seen it all but the truth is that somewhere, right now, another online scammer is setting up a new get rich quick scheme that is going to target those in financial difficulties or those who are just plain greedy.
If you are ever tempted to participate in one of these scams take a trip over to Bing.com and do a search for the website or company. The chances are that the first few results will give glowing reviews of how people have become rich. Unfortunately these tribute reviews are generally written by the syndicate of scammers but look further and you will surely find a number of review websites that will uncover the truth; which is that you are about to be ripped off.
Have you been scammed by a ‘Get Rich Quick’ scheme? Leave your comments below or submit your story.