Are you Sure Money Scams Don't Work

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Imagine that you sell your invention together with full manufacturing and selling rights to 100 people.
The other 99 people clamor for their money back.


They must be right.


My Failures

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Inkjets: I bought a kit to make money by refilling inkjet cartridges.
I would set up a van, and drive round the country businesses in Western Australia, and make money refilling their cartridges each week.
Think how I could make money then!

My main abilities are technical, which suited refilling the cartridges.
The business failed.


Was the idea a scam? No.
Others do make money this way, and very good money too.
This was great.


But the work didn't come in.


It turns out that not all translation is equal to make money.
The manufacturers are happy to help you to make money so that they can make money in larger quantities.
That means that they can't afford quality translators.
It doesn't matter that English is not the native language of the translator.


You will almost always make some money - even if you are a hopeless salesperson.
It is embarrassing when the tax man returns your money with the comment that it is a hobby not a business to make money!

But suppose that you are a brilliant salesperson.
You have found a service where word of mouth soon brings you so much work that there aren't enough hours in the day for it.
Why do you want to make money? To get freedom? Then why are you working 70 hours a week on your business to make money? What kind of freedom is that?

One way is to sell the business for a large sum of money and then build another, and sell that to make money.
You don't make money with no work.
But it is cumulative like a rolled snowball.


Grasp Opportunity

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I had the chance recently to buy into a business that needs my technical abilities and needs no salesmanship to make money.
You can't get in - the offer was only open for 24 hours.
Fortunately I already had experience of working with the vendor, so my skepticism was low.
If you want to match the opportunity to your abilities you want to have as many opportunities to choose from as possible.


Don't be brainwashed by just one author, but please, don't ask for a refund just because a way to make money doesn't work for you.


One man who became filthy rich from the internet says that he expects 15 out of 16 of his projects to fail.