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Why People Lose Money in Home Based Business Scams?

Have you ever wondered wondered about home based business scams or whether you are missing out? There are thousands of ads in the Internet promising the world:

Become a Millionaire by working 10 minutes per day! Make $100,000 in a week!! Get rich today!!!

All Home Based Business Scams?

I have to admit: I used to read them all, get really excited, go through the sign-up process and marvel at all the free bonuses. But then I remembered what was really valuable to me and reassessed the offer more level headed.

While researching, I realised a few things. Here are three most important ones:

  • It never happens in a day. It took all of the ‘Gurus’ years of making mistakes and learning their unique skills.
  • Every single one of the successful people treated their work as a serious business and spent many hours working on it. Usually more than 40 hours a week, easily up to 80.
  • They did start one day with no experience and no past successes.

When they sell the message ‘It is all so easy’, I often wonder:

  • Have they forgotten all the effort they put in?
  • Do they just want to encourage others to try and give it a go?
  • Are they deliberately misleading people to earn money themselves? or
  • Do they seriously believe that it can be done that simply, now that they have written down “their formula” of success? 

It might be a mixture of all of that. And maybe it is just human nature that we forget the toil when we enjoy the spoil. 

I am sure that most do not want to produce home based business scams, even though that is how it can easily be perceived.

My big goal was to produce events. During my time at University, I was involved in organizing a few events and really got hooked with the excitement and thrill of planning and then seeing it all come together. My first job offer was from a huge exhibition company. But on my way from the job interview I walked through the exhibition halls and felt so uninspired. And I knew: This is not my world; I want to produce artistic events.

Instead I took on a work experience with a small company. After 6 months, they offered me to stay. I declined and started out on my own. This was the start of my home business. For about 2 years, I earned enough to pay the bills – just.

Then it started to take off and after 6 years I headed the production of a BMW world tour promoting hydrogen vehicles with a team of subcontractors.

So what is my point?

  • You can reach your goal, but not in a day. It needs a lot of patience and persistence.
  • Mistakes are part of the journey. They teach us wisdom, far more valuable than anything learned from books.
  • A first step is necessary to make a start. For that it is not necessary to have an exact plan of how to get to where you want to be. But with a mental picture or vision of what it is like where you want to be, your feelings will tell you along the way whether you are on track. It is good to trust in them.

So when you see the next ad for earning a heap of money, check whether the service or product truly excites you.

If it is only the money, it will probably turn into one of many home based business scams for you. If it is the product or service, then use the knowledge of someone who has walked the journey. It certainly speeds things up - even though you have to do your own walking.



Home Based Business Strategies

Strategy


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