Report Possible Scams

Have you come across a possible money making scam? Report it here in the comments section for the benefit of many.

Glorified Cheating

Recently I came across a review that boasted about a money making program on internet. This glorified writing was about an eBook for US$ 39.99, revealing a method on how to make money online with YouTube and domain parking. There are many known bloggers who wrote great about this book. All the blogs were directing to a forum thread at digitalpoint for more details.

There is no reason why you don't get excited and shell out US$ 39.99 (there are some offers as well). But only after you pay, you will see the content of the eBook. It is an amateurish word document on a very well known idea of posting videos at YouTube to promote a website. Park a domain at GoDaddy or Sedo, then promote that site URL by watermarking some videos with the site URL and posting them at YouTube.

Now to make the kind of money they promise, you need to watermark and upload atleast 200 videos. Only when you start doing you will realise the effort required. (They provide some sex video clips along with the eBook for you to watermark and upload to YouTube). You can only experience the worst part after all the efforts you put in. It is almost sure that either your domain account or the YouTube account will be banned by the time you are ready to collect your first check.

Isn't it cheating? Selling a well-known idea of using YouTube to promote a website? Will you be happy if I sell you an eBook on a revolutionary idea to quench your thirst, and give you a word document with a list of beer labels available in the market?

What I don't understand is why all those respected bloggers on net are promoting this eBook? Is there a conspiracy?

Money On Internet - Possibilities And Pitfalls

I have been researching for sometime on possible ways to make money online. It took some time and hands-on experiences to realize that there are more pitfalls and scams than real money making machines. This blog is an effort to document such experiences, and also to use itself as a case study for measuring the amount of money that a literate layman can make out of a normal blog.

To make it simple and to the point, I am thinking of writing it like a diary. Most of the posts will be crisp and short.

For the record, this blog is created on July 01, 2008.