Money Making Schemes

Nagesh answers:

Yes, it would appear that some are very successful at selling products, I have spoken to several of their distributors who have made profitable sales even though they were new to the business. I don’t know where you got the figure of 16,000 British pounds from. Where does it say that in their literature? As for the last 2 years if you check Companies House in the UK you will find the Company has not even existed that long.

If we want to avoid getting the dubious reputation of being Internet Trolls – let’s get our facts right before we shoot from the hip!

You refer to them as a ‘scam’, that suggests you must have evidence they are guilty of fraud which is a criminal offense in the UK. Have they sent you information that is ‘fraudulent’? If so post it here because they can be closed down by the Department of Trade and Industry, especially because they are a Public Limited Company (PLC). The Directors of a PLC are much more vulnerable and their accounts are more rigorously audited. On the flip side if you are wrong you could be personally liable to criminal proceedings – so we need to be careful!

According to their published first years accounts they have been trading circa one year! It can take a new company several years to get established in a ‘normal’ market let alone the present financial meltdown. Do you know if they are still as financially sound as they were in March 08? They look incredibly slick, do they have lot’s of experience or big backers?

Do you have any personal experience to advise me if the economic climate is effecting people for good or bad in this business right now?

I have checked the LMP forum you refer to and can’t find anything about their partners not getting their money back!!! I thought the LMP forum was for ‘technical questions’ on motor controllers anyway. Do you have postings on the LMP forum, if so what is your pseudonym?

I am keen to know what in your opinion constitutes a ‘real opportunity’?

I have just done a google to find out what percentage of new businesses actually succeed (regardless of the industry they are in) and it seems lot’s of wannabe business owners fail. Why do you think this is the case?

Personally, I think there is truth in the old adage that a ‘fool and his money soon part’. Anyone with any common sense should way up all the options carefully before jumping in. Starting a new business is ‘high risk’, it is not like buying an established business, but that could set you back hundreds of thousands, possibly millions of pounds.

I have a wide circle of business contacts who have been making a living, some making a fortune, in the energy management business. The difference is; the successful ones work really hard, they are too busy to trawl Internet forums so you won’t see many posting from them and they are prepared to take a long term view of their business. They are not stupid enough to believe in “get rich quick schemes”, are you?

Yours truly,
Anthony B

Nagesh answers:

There are several.

If you want to get paid per click then sign up for google adsense. They give you the HTML to paste on your page, and when someone clicks on the ad you make a small amount of money. The amount varies a lot depending on the subject of the adverts, and which advert is clicked on, can be from 1p to £1

Other schemes involves placing a banner on your page, and if someone clicks the banner and places an order you get commission, usually between 4% – 20% of the order value. To get these you need to sign up to an affiliate network, of which there are many in the UK. Affiliate Window and Webgains are amongst the most popular in the UK. They pay out when your account gets to a certain balance, usually £20.

Affiliate Window involves a payment of £5 to sign up to exclude time wasters, but you get it refunded into your account when your accepted.

The URL’s are:

Nagesh answers:

This independent site will guide you through the many schemes and scams out there….

Nagesh answers:

The pension that you earned up to the time you were fired will be paid to you when you reach retirement age. Make sure that you let them know if you move house so that they will be able to contact you when the pension is due. You could transfer it into another pension, either one provided by a new employer or a private pension, but you should take proper financial advice before doing this or you may lose money by transferring into a worse scheme.

Nagesh answers:

I make $1200 a week with my camera — so what’s the big deal?
Know what it takes? Hard work, years of experience, a well-equipped studio, good cameras and lenses, outstanding photos, professional demeanor…you know, running a professional business.

If you think there’s some kind of “get rich quick” scheme using your camera, I’ve got a bridge in Brooklyn I’d like to sell you…

Peace.