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PROTECT YOURSELF FROM SCAMS!  Research all business opportunities thoroughly, and never blow off other people's bad experiences.  Ask around (and listen!).  The Scams101 Message Board is a good place to start.  What's that?  You've found a Biz Op and you're wondering if it's endorsed by FIB?...  Not unless it's listed in MaaMaw's Magnificent Toolbox.






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FIB - Scams 101

Laziness & dilgence - and another factor to consider...

Posted By: Diana Ratliff
Date: Monday, April 14, 2008, at 10:06 a.m.(pst)

In Response To: Re: Need Opinion on WLG (World Leadership Group) (Mike S.)

Mike and Patricia -

Yes, people need to do research on any business opportunity. I'm glad many people post here - they get honest feedback and some of FIB members do a LOT of research on other people's behalf. Which is one reason I like this forum.

And yes, people are lazy. Although sometimes, in the case of evaluating business opportunities, it's more a matter of not knowing where to look and who to believe, especially if someone you trust (or who comes across as very successful) is earnestly promoting a particular business.

But another factor that I think some people overlook is the "gut" factor - the inner voice that says "Hey, this is too good to be true" or "Would my best friend/mother/boss buy this?" or "I'm not sure I can afford this..." or "Am I really gonna be able to sell this?"

In this case, MY "gut response" is hey, that website is all about the opportunity and not about the product - and based on my own past mistakes, that's a HUGE red flag. Yes, some companies have different websites that explain the opportunity and others that market the product, so I may be missing something - but to me, if the product isn't immediately desirable/unique/worth the money, then the OPPORTUNITY isn't worth a hill of beans in the long run.

I promoted a business 10-12 years ago that I was convinced had a great product line AND it had a well-respected brand name associated with it. Didn't do well at all - and in retrospect, I believe they were counting on the ability to build a business using this particular brand name to attract opportunity seekers. The product was (is) good but not that unique.

I didn't decide to promote another company until recently, and that's because they lead with the product - one that is useful to many people, NOT a duplication of something already in the market, and that customers love and use whether or not there was an opportunity associated with it. My "gut" told me this was different and it has gone very well for me so far.

Listen to the voices!

Business owners, salespeople, entrepreneurs - they love this service

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