How Can You Tell If Online Business Ideas Are Good?

There is no shortage of make money online business ideas and products being pitched out there. Some are good, most are not. When it comes to making extra money or even a full-time income working from home, you need to tread lightly.

But how do I know what is “good?”

Well, I can divide internet hopefuls into four categories…

You are an Idiot. – This category includes any email from a “long-lost” relative who left you 10 million dollars, a “prince” that needs to get his money out of the country and away from some horrible government, and a  “sure thing” diamond mine that just needs $4,000 in start-up capital.

Really Grandma? This stuff is at the top of the scam level. Falling for this means you probably should not have a computer…or a television…or a toaster.

You are nice, but naive. – This category is anything in the “make money surfing the net in your sleep” category. Anything that leads you to believe there will just be a truckload of free stuff coming to your house if you just review the product. Where will you keep all those free plasma televisions?

Did you just move from Kansas Dorothy? No one is going to send you “free” stuff. You don’t make money surfing the net and filing out surveys. That is what monkeys in some distant land can do for free.

You are educated, but not enough – This category includes anything that shows how to make money “automatically” on the Internet. “Yep, just set this CD on top of your computer (you don’t even need to install the program!) and it will automatically build you 5,000 money-making websites. Oh, and I can prove it because here are some screen shots of me making $238,902.23 per day (forget the fact that I own Photoshop and can make it look like whatever I want).”

If you are in this category you watched to many cartoons followed by infomercials. You need to get out more. Some guy has turned the Internet into his own personal ATM and all he wants to do is share it with you? In the old days they would have sold you a bridge.

You are cautiously optimistic. – This is actually where the real money is. You know will have to learn some things and you will probably spend a few bucks to learn the right way. But you also understand that no real business can be built with just a few mouse clicks.

If you need money by this weekend, you probably never made it to this category and already lost your money to Prince Abahula or are still waiting for your “turn-key” websites to kick in. If you made it this far and didn’t fall for the other crap, than you are ready to move forward…

So, how can you tell good online business ideas from bad ones?

1. Check around. Not everything you read on the Internet is true (gasp), but collectively enough of the same comments over and over again will start to gain some traction. Try to find comments and feedback NOT on the site that is selling you something. Also, try and find comments that are not on a side labeled “review” as these sites are often just veiled affiliate sites.

They often say things like “Is ABC Widgets a SCAM?” – Guess what, when your done reading they send you directly to ABC Widgets or another product they like – but oftentimes, you didn’t really get a real “review” of the product.

2. What is your out? Make sure you always have a money back guarantee – and don’t be afraid to ask for your money back if the product was not as advertised*. A 30-60 day time frame to review a product is fairly standard. Anything less and I would consider learning from someone else.

*As a side note, do not be one of those people that keep ordering and refunding even though they know the product was good. That is just lame.

3. Keep it Real. If you keep the moneymaking realistic and also realize that some time will need to be put in to your new venture, you are probably on the right track to building a real online business.

Author: admin

In 2000 Fred Rewey introduced a radical way of helping people. Being honest, straight forward, and not holding anything back (weird right?). To most people this was refreshing. To others, well, they had reason to hide. Author of Winning the Cash Flow War, Fred (aka "Godfadr") strives to pass on real information in a no nonsense, no BS format. If you can handle the ride and the direct talk...welcome aboard and be sure to get on his private email list