Robs Networking News and Notes

Robs Networkers and Welcome2URTeam

2008-06-28

Investment Auto Revisited

Some interesting events this week have prompted me to dust off an old site:

http://www.robgehring.com/investautos.html
So the link above is a dead give away, for sure. Several years ago a program called 12 Daily Pro was all the rage. At the time, I was a traffic exchange owner and banned the site from my exchanges. Many protested, but eventually other traffic exchange owners joined in on the ban.......sadly too late for much damage to the industry had already been done. So here are the top 10 things that people told me before the collapse of 12DP:

10) Its been around for 2 years
9) My sponsor said it was a good program
8) His sponsor said it was a good program
7) There are testimonials on the website
6) The owner is honest
5) The owner has been in business for a long time
4) The company has a real corporate headquarters
3) The company has a real attorney
2) My sponsor/upline is making money
1) I'm making money

Lets address #1. Making money in a program does not make it legitimate. In fact, in a ponzi type scheme, folks who got in early may make some money. This could be short lived. When the program collapses (which they always do); you may be asked to repay any windfall you may have received. The money usually goes to victims who lost money invested out of their pocket. Failure to pay could result in legal action being taken against you. So be careful, don't spend the loot too fast!

Another interesting phenomenom is what we call invisible money. Let say your $15 investment is now worth $200 due to some type of daily investment compounding. You leave this so called money in; so that it keeps rolling. These funds I refer to as "air funds" for they equate basicly to monopoly money. There is also a difference between what you have in your account and what you have actually cashed out. Some of the more slimy companies purposefully ask you to wait x amount of months to cash out. If they figured the shelf life of the program correctly, they may never have to pay out anything!

The product/service can be an enlightening factor too. If you look at an autosurf; it is quick to dismiss the service for how do we call something advertising if nothing is ever required to be viewed. I guess your wall paintings in your house will see all these great ads.

Finally, in order to pay interest on "invested" funds a company must be liscensed to do so my the SEC (Securities and Exchange Commission.) If they have done this, seek out the independent proof. I would think the SEC would be happy to check out your company and verify this important detail.

Do your due dilligence, follow the tips in this article, and read the site below and its associated links. Compare what has been stated with the details of your company before you make a final judgement on its legitimacy. Remember, if it is too good to be true, it probably is. Remember, this article is coming from a guys who has been on the net over 10 years and has seen many waves of these types of programs come and go.  Best of luck in your marketing adventures.

http://www.robgehring.com/investautos.html


Rob Gehring
http://www.robgehring.com



Posted at 09:18:05 PM  |  Post Comment  |  Read Comments (1)