Avoid the scams, find out which Business Opportunities actually work
31st August 2007
Filed under: Direct Mail,General Opportunities — Ben @ 6:34 pm

Here’s an interesting offer I got from Streetwise the other day (well, it was actually the second mailing – they must be testing as it was a different sales pack to the first).

It’s called the Information Entrepreneurs Circle and is offered by somebody calling himself “Michael Milligan” although I am pretty sure I known who is really behind it – a very big info publisher who “retired” a few years ago.

This opportunity is one which the market has been calling out for for a long time.

Once a month you get resale rights to a complete course that you can sell as you wish. The rights are quoted as having a value of at least “£1,000 to £20,000 PER LICENCE” so £197 per month seems like a great deal.

Oh, and you also have to give Streetwise 10% of everything you sell (not profits, 10% of your actual sales amount).

However, if the sales letter is to be believed, this is an excellent bargain and you should grab it immediately.

My doubts would be the usual – how on earth do you sell this stuff?

Each month you could get the rights to a great course including CDs, DVDs, manuals etc but if you don’t have a tip-top sales letter and good advertising then you’re not going to get anywhere.

Also, you’ve got to worry about the idiots who put each package up on eBay for pennies.

Example: I got the rights to a great home study course recently which had a suggested minimum price of $97. Two days after I took delivery, somebody has it on eBay for just $4.97 – you can’t predict how the lazy morons will use their licences…

But don’t let that put you off if you are serious about giving this a good go. There are lots of info publishers in the UK who have made a fortune from licencing so it can be done.

For the right person, and providing these products are good, this could be a real goldmine of an opportunity.

Unfortunately, Streetwise do not give you any details about the type of course you will get which is disappointing.

All they say is that each month you will get “‘How To’ products, usually with a money-making spin

It’s a mystery package that you get every month and could be anything (including stuff that didn’t sell well).

Why do I say that?

Well, I recognised the product licence offered as an example (even though they have tried to obscure the title of it) and it was one which I received a sales letter for just once. If they only mailed once, is that because it bombed?

In conclusion, I think this could be a great offer but that depends on how good the products are.

There’s no guarantee with this opportunity so you will have to pay for at least the first month but Streetwise are reputable and if you cancel, that will be it, you won’t get charged again.

Be aware though that “Michael Milligan” is probably a pen name and you may well need to sort out sales letters etc yourself.

If you do go for it, please do let me know how you get on.

For more information about business opportunities like the Information Entrepreneurs Circle, check out the free biz opps email newsletter today.

5th July 2007
Filed under: Domain Names,General Opportunities,Seminars — Ben @ 10:22 pm

Back in April I travelled to Birmingham to attend the Entrepreneur Weekend seminar.

It was a great weekend and I came away with a load of extremely interesting ideas, a couple of which I have been working on for the past month or so (check out the link above for a write-up).

Possibly the most enlightening presentation was given by Paul Gunter and Andy Shorten.

These two UK entrepreneurs explained how they make great profits from the booming domain name market.

Basically they buy and sell domain names for huge mark-ups.

After I got back from the seminar, I went and bought their manual – The Domain Profit Guide.

They’ve written this how-to guide to show exactly how they manage to bring in a five figure monthly income by buying and selling domains.

So, I read it and discovered that this is a huge market, which is growing bigger by the day.

For example, did you know that all dot com domains with only 3 letters (known as “LLL.coms” meaning letter, letter, letter) were snapped up years ago?

You cannot simply pop over to GoDaddy and register one of these names. If you want an LLL.com, you need to find someone who is willing to sell theirs and then haggle with them over the cost.

And, as I write this, the rock-bottom minimum price for an LLL.com is around $4,500 or so. If you can find one for less than that, snap it up immediately!

Another type of domain name category is the LLLL.com – meaning 4 letters with a dot com extention. You can still register an LLLL.com domain but your choice is rather limited.

It is believed that out of the possible 456,976 combinations of LLLL.coms, there are around 6% left or just under 30,000. And the available amount is decreasing day by day.

So, when it comes to the point that there are no 4 letter dot com domains left to register, do you think they will increase in value?

After all, back in around 1999-2000 it was still possible to register a 3 letter dot com domain for a few dollars and these are now worth between $4,500 and a seven figure fee. Once all the 4 letter ones are gone, we could see a steady rise in their value.

I’m going to come back to domaining in the future because it is a very fascinating subject. People are making a great living simply from selling the rights to register a domain name!

Personally I have registered 95 domains since the 2nd May when I started “domaining” and I am not stopping yet 🙂

So, my advice is: don’t get left behind on this one. It’s still early days and you have time to get involved.

Like any investment, domain values can go up and down but they aren’t making any more dot coms – they can’t!

If you want to learn more about domaining, I highly recommend Andy and Paul’s book, click on the link below to grab a copy:

The Domain Profit Guide

18th April 2007
Filed under: General Opportunities,Internet Marketing — Ben @ 5:34 pm

I’ve not received many direct mail promotions recently and there don’t seem to be many new or fresh biz opps at all at the moment.

What there does seem to be is a massive influx of very similar products which have all been released over the last few weeks.

They are all eBooks and all sold via the Clickbank marketplace.

Duvet Dollars, Guru Slayer, Day Job Killer etc.

All of these products don’t seem to have been given much praise, except from the affiliates that have been desperately trying to get you to buy them!

I wouldn’t worry too much about “missing” out on any of these over-priced eBooks, they are all from a stable of internet marketers who tend to promote each others’ products on a weekly basis.

Worst of all, some are just products which have been renamed and released under a pen name – with a small amount of rewriting. (Hint: Duvet Dollars from “Victoria”)

A lot of these products seem to be molded around Mark Warren’s Ultimate Wealth Package, especially in the promotion and the upsells which the authors try to get you to sign up for.

I have recently reviewed Mark Warren’s flagship product on the main biz opps site:

Mark Warren and the Ultimate Wealth Package – Review

As you will see when you read it, I wasn’t particularly impressed.

I sent an email out to subscribers recently which relayed the above thoughts about these Clickbank products and got quite a bit of feedback. Here are some of the comments I received:

“Hello Ben,

Are there ANY genuine bizops around today ?? I am seriously beginning to wonder !!

Regards,
John”

There are several genuine biz opps around, and I am not saying that the above opportunities are not genuine, it’s just they are nothing new. One inparticular is just a rehash of previous material from a male UK marketer, dressed up as new material from a allegedly US female marketer – who doesn’t actually exist!

“Ben,

Very much appreciate your useful emails and advice; have been bombarded by the ones you mention and there marketing looks good – have no doubt too many will get caught in their net!! I always start by trying to contact them and if my message gets bounced back, then I know pretty well what the score is…….

Thanks again and kind regards

Mavis”

Mavis, that’s an excellent idea. Email the promoters of these courses and if they do not reply then you can form your own conclusions!

“Short email maybe – but very interesting review re Mark Warren – thanks!

Alan.”

Thanks Alan. Although Mark Warren is undoubtedly very successful, I do feel that his “free websites” are a terrible idea and extremely overpriced. Still, people often do not research before they buy and they get carried away by the sales copy.

More to come soon…

10th April 2007
Filed under: General Opportunities,Internet Marketing — Ben @ 7:31 pm

Recently in the free Business Opportunity Email Newsletter I mentioned that I don’t tend to type when it is not necessary. Instead I use speak recognition software, specifically Dragon Naturally Speaking.

It’s a great piece of software which allows you to speak whilst it dictates the words into loads of different applications including Word and Notepad. All you have to do is “train” the software to recognise your voice and then it will learn your particular accent.

Any mistakes can be corrected easily and the software will attempt to learn from its errors.

I wrote:

“I tend to use Dragon Naturally Speaking to dictate articles on my PC. It takes a few hours to “train” the software to recognise your voice but it can really help you if you want to write a lot of text.

You can usually find the software on eBay for £20 or so – all you will need on top of the program is a microphone to connect to your PC.

It’s well worth the investment!”

Shortly afterwards I was asked the following question by a subscriber:

“Hi Ben,

Could you tell me which version of Dragon Naturally Speaking you use.

I have looked on ebay and the latest version 9 seems to command quite high prices. I am not bothered about having the latest version if I know which one of the earlier versions you find satisfactory

Thanks much

Steve”

Well, I had to go and check but the version I use is Dragon Naturally Speaking version 8.

If memory serves me correctly, I bought the software about 1 year ago for £20 or so.

It’s very good although not completely perfect, you do have to go through it afterwards and correct a few mistakes. Beats typing though!

You can usually find it on eBay:

Dragon Naturally Speaking Software Listings on eBay

Or, more expensively, on Amazon:

Dragon Naturally Speaking Preferred 8 on Amazon

20th March 2007
Filed under: General Opportunities,Internet Marketing — Ben @ 5:00 pm

Recieved an email this afternoon from Mark Warren, the creator of the “Ultimate Wealth Package”.

Nothing unusual about that you may think except that 2 minutes prior to that I got exactly the same email from “Danny”, the liar behind Danny’s Scam Review.

The whole email was an elaborate story about visiting the Rich Jerk at his mansion and going out for dinner with him. The purpose of this mailing was to promote the Rich Jerk’s new software.

Apparently both “Danny” and Mark Warren did exactly the same thing when they went to visit RJ:

“I actually know this guy and a few months ago I went out to dinner with him. Here’s what happened, first I fly out to California and rented a car….”

“Danny” seems to get out a lot.

When he was trying to sell the disappointing PDX-Factor course, he claims he went round to see Craig Richards. Of course, he can’t just “pop round” because Craig is in the UK and “Danny” is allegedly in Phoenix in the US. He also claimed that he went around to see Chris Cobb, another UK marketer.

All of it is completely rubbish, of course, “Danny” seems to be Mark Warren in disguise or vice versa.

I realise that people use pen names and it has gone on for years. The problem with Mr Warren and his “Danny” alias is that he uses this pen name to shamelessly promote his own material, creating false testimonials and making up fake statistics. He’s a shill.

Unfortunately he isn’t alone, it seems to be a regular occurrence now that certain internet marketers create alter-egos to promote their own products and appear as satisfied customers.

Their major weapon in this type of scam is domain registration protection. They can register domains without revealing who they are and con plenty of people without being found out.

That is, of course, as long as they are careful. Mark Warren is so desperate for cash that he shoots himself in the foot by sending out the same email both as “Danny” and also as himself.

It’s pathetic and gives other internet marketers a bad name…

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