How To Make Money investing Online
Samson Onuchukwu
1. Can you make money with the program without having to recruit
others or selling anything? About 90% of people in networking (or
multilevel-marketing) fail because of difficulties with recruiting and
selling. If you can make a high return of 10% or more per month on the
money you put into a program, it's worthy of our consideration. See
http://tinyurl.com/65vpgsx
2. Can you minimize your risk? Suppose you put $1,000 into a program,
and after three months you can take out $1,200 from the program. Your
"risk window" would be three months. After you've "closed the risk
window" by recovering your initial capital plus a modest profit,
you're in a "can't-lose" situation. Thereafter you "play the game with
the bank's money." Being able to "close the risk window" fairly
quickly and have enough left in the program to continue making good
money is an important criterion.
With some programs you can reduce your financial risk to zero. You
don't have to put any of your own money into the program. You recruit
others and earn bonuses and commissions based on their "action."
3. Can you make more money by recruiting others? In our experience,
the best programs are those where you can make without recruiting
others, but you can make a great deal more if you do recruit others.
The easiest worthwhile programs for which to recruit others are those
where your recruits don't have to themselves recruit or sell in order
to make money.
(There are many what we call "nickle-and-dime" programs where you pay
around $20-$100 one-time, or around $10-$100 monthly, but you require
a huge downline to make significant money. Our experience indicates
that these programs tend to be a waste of time and money. Free
downline-building programs also belong to this category.)
4. How quickly can you make money? If you are in a position to recruit
others, can you make several thousand dollars during the first month,
so that you can quickly "close the risk window?"
5. Is the program credible and viable? How are the funds generated to
pay the returns? If it's purely a pyramid scheme with all payments
coming from new entrants, the program may not last very long.
6. What's the risk from government interference? Many otherwise viable
programs are shut down by government agencies. This risk can be
particularly high in countries like USA, Canada, and UK.
7. Does the program operate out of a jurisdiction where legally no
government taxes or reporting are involved? The ideal programs operate
such that participants can gain their earnings unreported and without
being taxed.
8. Is it a one-person operation? Our experience indicates that
programs owned and operated by a single person are particularly risky.
They're often fly-by-night scams.
9. Does the program have a successful track record, particularly
regarding making payments on time? For many programs there are public
forums on the web. From these forums you can get a pretty good idea of
the track record of a program. We also use Internet search engines to
look for "dirt" on programs. Brand new programs are particularly
risky. http://tinyurl.com/65vpgsx
(The success of certain programs depends on maintaining a low key.
Please don't ask questions about such programs on email lists or
forums. Such exposure could compromise the success of the programs.
For low-key programs, utilize only the information that is already
available.)
10. What kind of payment system does the program have? An ideal
payment system is one where your earnings are quickly credited to a
debit/credit/ATM card, which you can use for purchases or cash
withdrawals at ATMs and banks.
11. Do the principals have credibility? We use Internet search engines
to check on the principals where possible. We generally attempt to
establish personal contact with the principals or people who have
personal relationships with the principals.
12. What is the quality of the program's website and automated
services? Do they provide self-replicating web pages to make the
program easier to promote? Do they provide online access to accounts
and genealogies?
13. What is the quality of customer service? Some programs grow
quickly and soon cannot provide much customer service. A really good
program grows so quickly that quality of customer service quickly
deteriorates. The company may adopt a policy of ignoring practically
all emails and making it very difficult to contact them by phone.
Atrocious customer service is not necessarily an indication that a
program should be avoided! (Generally, you can learn enough about how
the company operates to play their game appropriately and win big,
despite poor customer service!)
14. How much confidence do you have in the judgment of the person who
introduced you to the program? How good is his track record,
particularly with the program he's trying to recruit you for? How many
payments has he received and were they on time? How successful has he
been in recruiting others for this program?
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