We all start off so gullible. There are thousands of ways to make money online these days. Absolutely loads. It can be difficult to know where to focus your attention. More often than not, you'll end up being drawn to the ones that claim you can make the most money from. It's natural and it may take you a few hits before you learn which ones to avoid.
Talking specifically about the opportunities that require you to invest to make more money, here are the questions I ask:
Is a trial available?
As far as the paid-for opportunities go, there's not a chance I'll be making a second step if I can't get a little insight for free. Most of the opportunities like this come with a free or massively reduced trial to give you a taster of the full package.
The trial may be further information or a bite-size version of whatever the main thing is. If you can't get anything without parting ways with money, I would have to second guess it.
What payment options do they accept?
PayPal or card payment are the only ways I'm making an initially transaction if I don't know you and your site. I don't want to hear about your niche payment methods or the fact that you accept cryptocurrency, because I have no reason to trust that you will deliver on your promises.
A lack of payment options is an early sign that something may be amiss, and you're better off just moving on.
Where's the social proof?
I'd say I'm hard to fool with these things now. I've been in the game long enough to know what is and isn't worth someone's time. If I need a catalyst to assure me it is legit, I'll need to hear it from someone I trust. Social proof is everything. I may stumble on something on a blog, but if I can't see it on multiple (including some I know) I'll have doubts.
The same goes for potential business ideas. Although I was initially skeptical about things like matched betting, cryptocurrency and reselling, finding communities of active participants was enough to let me know that they all had legs and I should put time into trying them out myself.
If you can find a sizeable Facebook group, Reddit community or other gathering on the internet that shows proof of their achievements, it's a strong indication that it's worth exploring a little more.
How are the creators making money?
I need to know what's in it for them, to know if it will be worthwhile for me. You wouldn't believe how many I've seen come and go because they couldn't afford to keep paying out their users.
These days I need to be able to see through their plan before I commit to participate. If they're aiming to make a platform for me to make lots of money, I'm not relying on their ability to draw in AdSense revenue.
If it's an established company that I've somehow missed, I mean going to the effort of checking whether it's a registered company, seeing whether it's VAT registered, researching the background of the directors and all of that first.
How much money are we really talking?
So many websites crop up saying that they offer rewards for mind-numbing tasks. While it may be easy money, the money you end up making is so tiny, there's little point in pursuing them. It comes back to the previous point; if I know the idea wouldn't be able to generate enough money to sustain the site's growth, why waste time on it?
The money-making ideas with more potential end up being the ones that require you to put some sort of investment in. Back to that social proof thing; you need real people with real results to prove the worth, especially if you need to part with money to increase your income.::::::::::::: - Chiino I don't do comments around here, so let's keep the conversation going on Twitter. If Twitter's not your thing, give us an email.