Here are 4 tips, to help you identify legitimate opportunities and avoid the fake ones.
- Legitimate opportunities seldom look like certainties. There is always a risk attached. If it looks too good to be true, that’s because it is!
- The bigger the opportunity, the bigger the risk will seem. Warren Buffett wins big, however, he is prepared to lose big too and has lost millions on bad deals.
- Fake opportunities are packaged to look like there’s a massive upside, with little if any downside. So long as you send them X amount of money, of course. Low value franchise ‘opportunities’ are sold this way too. Scammers target people who are looking for low risk or no risk opportunities.
- You are seldom interrupted by a legitimate opportunity. You have to spot them or make them. They do not arrive from strangers, direct to your inbox.
About Jim Connolly: I help small business owners grow their business, make more sales and boost their profits. To see how I can help you and your business, read this.