Your Questions About Money Making Schemes Online

Nancy asks…

How do I start my own online website?

I have an idea on what I want to do, but I have no clue on how to put a website together or how to make money doing it. The idea is solid I think, but no means of doing it.

Nagesh answers:

The easiest way for a novice to build a web site is to start with a web template. Web Templates can be customized and you can use the layout but swap the graphics etc…. This will get you comfortable with basic HTML design and an HTML editor (like Dreamweaver).

Here are some resources for free or inexpensive templates that are easy to edit and manage.

Webmaster Templates – http://www.webmaster-templates.net
Free Web Templates – http://www.freewebtemplates.com/
Web Design Elements – http://www.webdesign-elements.com
Free Website Templates – http://www.freewebsitetemplates.com/
Free Layouts – http://www.freelayouts.com/
Free Templates Online – http://www.freetemplatesonline.com

HTML website templates can significantly ease the burden of designing and creating websites by providing webmasters with a ready-made web layout, structure, basic graphics, and color scheme.

The templates can generally be edited and customized with any HTML editor. The biggest advantage for webmasters using ready-made templates is the amount of time that can be saved.

Michael asks…

What do you think about those ads that say you can get paid for taking online surveys?

Are they any good?
Can you make good money?
Is it a scam or the real deal?

Nagesh answers:

First of all, sorry to say, but most of the sites ARE a scam.

They say its all legitimate but once you sign up and take a few surveys, you either realize that you have to pay for something and in return you receive a little more than you payed after the survey is taken. Also, sometimes they say you can earn up to $120 a day but what they really mean is you have the CHANCE. Some sites pay you points that you use to enter in drawings that occur everyday. Some cash prizes are up to $1,000 in these drawings.

Don’t be sad though, there are legitimate ones. I remember finding one a while ago that literally would pay you for every survey you took and if you did product test groups, you would even keep the item. This was one of the 3 that worked out of hundreds I have checked out before. I am a chaser of get-rich-quick schemes.

Hope this helped!
Jason H.

Donna asks…

Anyone here able to teach me ways to make money online?

Im 17, and I really need to make some money. I’ve always been interested in money my whole life, and know I can. I need someone who has eaither done stock or other things online to make money who can teach or let me in on a few things… Also, if you know any way I can invest in stock for free let me know, because every stock trade there is cost alot. if your interested in making money with me, or wanna help let me know your IM name for anything if ya have one. thanks.

Nagesh answers:

Graduate from college. You’ll make a good living if you do. What little money you have will be gone chasing get-rich quick schemes.

Daniel asks…

How / where can I find a LEGITIMATE job opportunity to work from home? So many are scams or pyramid schemes?

I live in a rural area of Pennsylvania, & enjoy using the computer, writing, organizing, & taking care of pets. I do not want to be involved in a pyramid scheme or get ripped off, but I am willing to work hard, for a legitimate business that does not charge up-front fees to get started.

Nagesh answers:

I don’t know about any good work at home job. But, I can tell you what type of business you can start online without any money at front. There are a lot of online companies offering free Affiliate program, agent opportunities, or partnerships.

Well the first thing you need to do is finding a good affiliate program and join it. Good affiliate programs are those that have no time limits for visitors to come back and make a purchase through your affiliate link, support affiliate phone sales, offer you free co-branding rights of their web site (a plus but not required), enough web marketing tools (banners, links, store fronts, articles with links, etc…), and offline marketing tools (flyers, sale scripts, postcard, and more)

Pick companies that sell only one kind of product or have one web site per product. This will make it easy for you to promote online or offline. Try to read articles, guides, or books about the services or products that you decide to promote. Look for what’s hot on the market right now…

Some of the products you can look for are:
VoIP Services (make money per sale and on the monthly bill)
Satellite TV (make money per sale minimum $50)
Business E-books (make money per sale)
Business Softwares (make money per sale)

Try to learn as much as you can about internet marketing

Good luck!

Yours Truly,

Luis Galarza, Business and Telecommunication Consultant
http://www.cogni360blog.com and http://luisgalarza.blogspot.com

Ruth asks…

What is a pyramid scheme and why is it illegal?

so for example a person tells you to buy a product online and get as many people you know
you get a percentage is that the case? thats what i have been told but wouldnt that be considered as a commission
ohh and how is MLM different ? i need examples lol 🙂
ok a person wont lose their money as long as they recruit people so how does this scheme fail

Nagesh answers:

The other responder (Hiro) is quite correct as far as he went, and I see no need to repeat that part.
The difference between a pyramid scheme and an MLM is that an MLM offers a legitimate product or service. The classic example is Amway / Quixtar. Amway has legitimate products for sale (which actually aren’t bad), but if you have even spoken to a sales rep, you know that they are not especially interested in selling the product, and they are very interested in getting you to sell the product. The presence of a legitimate product makes it legal.
The MLM eventually reaches saturation level in every market (Who are you going to recruit to sell if everyone you know is already selling Amway?). That is why most MLM sellers fail. They can’t recruit enough of their friends, and end up losing money.
Here is some math for you to chew on. If you have to recruit four people to break even, and they each have to recruit four people. Then here are the numbers:
Level 1 : 1
Level 2: 4
Level 3: 16
Level 4: 64
Level 5: 256
Level 6: 1024

Level 12: Over 1 Million
Level 18: Over 1 Billion
Level 20: Every living human being on the face of the earth, and then some.

Now can you see how fast you can saturate a market like this?

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Tuesday, April 16th, 2013 Money Making Schemes

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