How we find out about internet income programs
We learn about money-making programs in a variety
of ways.
1) Members or business associates send us their recommendation.
Hopefully they also send us some detailed information
-- the more the better.
2) One of the many internet marketing and investment
ezines we get may mention a program and provide enough
information to get it onto our short list.
3) Our continuing search process also turns up new
possibilities.
UPDATE 2007: We are no longer participating in
paid surfing. Too many failures. Too many people
losing money. Too risky. Suggest you do the same.
By the way, we do not list programs because people
pay us to list them. It's our own money we are
investing so we do enough research to satisfy ourselves,
then we share our findings with you.
How we make the first cut
We're always on the lookout for solid performers
to invest our money in and there are oodles of programs
out there -- so how to do compile our shortlist? We
ask some initial questions:
What does the website LOOK LIKE? If
it looks amateurish, it will take a strong
recommendation to get us to spend more than a minute
at the site. If it's an obvious clone of other
sites, they probably bought the script rather than
having it custom designed -- or even adapted, and
we see no special reason to trust such a program.
Is this a known SCAM? RipOffReport,
Scam.com,
ScamBusters,
Scam
database and other sites listed below help to
identify scams.
Does the program MAKE SENSE? Promises
of excessive, unsustainable returns are an indicator
for great caution. Is all the stated information consistent?
Does it FEEL RIGHT? Yes, this is where
intuition and experience come into play. If something
about the program or the site "doesnt work for
us" (whatever that might mean on the day), it's
out. There are so many other programs to consider.
Is it SUSTAINABLE? If the maths look
impossible, we wont list them.
Once on our short list, here's what we look for
We look for reputable, professionally run programs.
We appreciate hearing about honest admins who care
about their members. What we do is survey the various
online discussion forums. We want to see a strong
majority (like 90% or so) of solidly positive comments
at 3 or 4 different forums before listing a program.
We look at the ratings sites & public forums.
If we're considering a paid autosurf program or HYIP,
we will review the public forum sites to see what
people are saying about a program and their earnings.
- If there is a problem with a program, it will
usually surface on the Internet. If the members
are happy, we'll see that too.
- But also be aware that program owners can pay
people to post happy comments and to say "I
got paid" so take the positive endorsements
with at least one grain of salt.
- If new comments stopped being posted some time
ago, we take that as a bad sign.
We also look for reputable industries.
As attractive as the profits of the gambling sites
may be, we dont wish to support gambling as such.
There is enough risk in online business without deliberately
adding to it by gambling with either our money. An
example of a reputable industry is forex (foreign
exchange). For example, the volume of forex traded
every day is USD1.3 trillion a day, compared to only
25 billion for the NYSE. And big companies such as
Chrysler and GM reportedly make more money in forex
then they do from selling cars. Banks make 25% or
more a year by trading in forex. Companies like McDonald's,
Dell, Coca Cola, and Microsoft have entire divisions
which are devoted to trading forex. In other words,
forex is a reputable (and profitable) activity.
Company documentation. Sometimes we
also do a DNS search (WhoIs.net)
to see who registered the domain name and when, where,
etc. However there are limitations to the value of
over-relying on "paperwork". Recently we
read of a scammer who even provided a (forged) copy
of his driver's license as ID to prospective investors.
 Due
diligence manual and toolkit
For much more detailed information on how to do your
own due diligence, so you dont have to rely on the
integrity and skills of others before investing your
hard-earned money, visit ScamBeater.com
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