Today's Adventure in the Biz Opp Jungle:
'In which Charlie finds a technical term for modern hustlers... reveals his thoughts on The Ultimate Entrepreneur Club... and
asks for your help.'
Hi,
I've got some information on a financial club may have come across recently.
But first...
A quick follow-on from Sunday's Biz Opp Jungle about sneaky sales tricks and scams. (If you missed it, you can read it online at http://www.bizopppjungle.com)
Reader J.R emailed me to say:
"Charlie, the characters you are describing are descendants of street hustlers as old as the proverbial oldest profession, which would no doubt feature somewhere in their 'portfolio'. In recent years the term 'OPC' has given a faint sense of legitimacy and formal recognition to these folk."
This term OPC is new to me.
OPC stands for "Off Premises Contact" or "Outside Public Contact". It's a marketing term for people who approach you on the street and offer 'too good to be true' gifts or tickets.
This is quite common in Spanish holiday resorts, where OPCs flog tickets for 'pub crawls' or hard sell you into visiting restaurants. They get paid commission for getting bums on seats.
In my view, it's fine. But if it's rubbish, you should be able to leave early and get your money back.
Of course, you usually don't.
Which brings me to this new business opportunity that's doing the rounds at the moment...
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Why I've doubts about The Ultimate
Entrepreneur Club
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The Ultimate Entrepreneur (or TUE) is a financial educational programme. It claims to be able to clear all your debts legally and for you to "make good money by helping others do the same".
They promise to reveal private and offshore banking, investments, taxation, credit and even credit clean-up, as well as "un-taxation" and debt cancellation.
They also claim to be able to make you £2500 to £5000 a week... and within one year the mighty sum of $1,500,000. (It's American-based, so the UK agents have converted some, but not all, of the figures. This doesn't do much for credibility.)
With this huge financial promise in mind, the £640.00 to join may seem like a drop in the ocean.
But if you're considering it, then here are 5 reasons why I'd avoid this:
1. My informant, who's been through the whole sales
process up to the point of payment, says that there's NO money-back guarantee. This means you are risking £640 in something that may not work for you.
MY TIP: Unless it's a product or book lower than £30 in price wouldn't advise spending any money on anything that doesn't have an iron clad, unconditional money back guarantee.
2. They claim that it isn't Multi Level Marketing, but this looks very like an MLM scheme. You are encouraged to tell 6 more people in order to make an income. Most of the websites I've seen are obviously clone sites from UK people trying to push the scheme to make some cash.
MY TIP: These things tend to makes people at the top very rich. Most people at the bottom of the pyramid merely waste their money
3. The information is general libertarian stuff... anti- tax, anti-government, "They're all trying to swindle you". This will be good and interesting, but it won't be a blueprint for making money from home.
MY TIP: Personally, I like hearing people rant on about how the financial system is fixed. How governments try to control your freedom. I even believe a lot of it.
But be aware that this isn't some "business in a box" that you can follow. It's a general financial club. It talks about a lot of big ideas. Theories. Personal politics. Things that get your juices going.
Is inspiration and knowledge what you need right now?
Then you can consider risking £640.
If you need specific tools for everyday moneymaking, perhaps not...
4. There is no way that I believe the claim that you will make $1,500,000 in your first year.
MY TIP: I am fine with people using 'best case scenario' claims to hook customers, but that figure is, frankly, ludicrous. If something is too good too be true, then it most probably is. So make sure there's a solid money-back guarantee before you dive in.
I'm sure I'll now get a bunch of emails from people who are in the Ultimate Entrepreneur Club. They'll say I'm urinating on their bonfire, no doubt.
Or something along those lines.
I'll take it on the chin. You want my honest opinion, right? So a few annoyed emails I can handle.
That said...
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Information always wanted
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If you've tried the Ultimate Entrepreneur Club and it's changed your life, made you rich, or cleaned out your wallet, please let me know.
I'm just one bloke with a computer. There's a limit to what I can personally try, investigate or analyse. The best way to gather information is through you and my other readers.
If you have good information for me, on anything, please email me the details (as many facts and figures, links and addresses as possible):
charlie@bizoppjungle.com
The Biz Opp Jungle needs YOU!
Later alligator
Charlie Wright
The Biz Opp Jungle