Get Rich Quick Schemes: What’s the catch?August 26, 2009 | 5:30 pm
I’m sure everyone has seen adverts on Google, Facebook and even mobile phone apps with wild claims about working for just a couple of hours a day and giving huge incomes, and slogans like “Fire your boss”.
Most people will realise there has to be a catch, and simply ignore them. I think most are some form of pyramid scheme, which are unsustainable in the long term.
Even so, the claims are very tempting, so I’ve decided to have a look at some and see if there’s any truth in the claims. I’ll write honestly about the reality of them, including where the catches are.
I won’t join any schemes with big joining fees, or that are obviously scams or illegal. I also won’t be inviting all my friends, or selling products or services to my friends and family: they’d soon get fed up of me!
I have found one that claims to be free to join, and only takes 30 minutes to setup. I think it’s got something to do with selling domain names, but we’ll see!
Watch this space…