X

Sign Up

or

By signing up I agree to Property Tribes Terms and Conditions


Already a PT member? Log In

Sign Up

Sign Up With Facebook, Twitter, or Google

or


By signing up, I agree to Property Tribes Terms and Conditions


Already a PT member? Log In

Log In

or


Don't have an account? Sign Up

Forgot Password

To reset your password just enter the email address you registered with and we'll send you a link to access a new password.


Already a PT member? Log In

Don't have an account? Sign Up

  • Property-a-holics

    Get rich crap: A short history of the last 100 years ...

    Loved this article from http://www.perrymarshall.com
    'Get Rich Crap': A short history of the last 100 years
    Jim Straw is an old "mail order maverick." I didn't ask him how old he is but I'd guess he's in his 70's. He's been around the block a bunch of times.
    As a mail order marketer with over 700,000 customers, he has sold over $250,000,000 worth of products and services by mail. Everything from Beauty Supplies to Heavy Equipment … Burglar Alarms to Sleeping Bags … Fishing Lures to Women's Wigs … Automobiles to Wheelchairs … Investment Opportunities to Seafood … Consulting Services to "How To" Courses … all by mail order.
    Jim wrote a great article about how the merry-go-round spins and he gave me permission to publish it here:
    Subject: And the Pendulum swings …
    Have you ever wondered why there is a proliferation of "get rich quick" crap on the Internet?
    Well, it's nothing new. I've watched the pendulum swing for 40 years.
    Here's how it happens …
    Back in the mailorder days, there would be a number of articles about how much money could be made selling "how to make money" information products - and- how easy it was. Then, someone would write a book about "making money with how to make money reports." — Then another, and another, and another. Then came the "plans & programs" that promised to make the money for you … all you had to do was pay them to do it for you.
    In the beginning, the books were written by real people who were actually doing it and the books explained in great detail how to do it. — No hype. No B.S. — Then, the research writers wrote books. Then pure amateurs rehashed the same thing; again, and again … only repeating what they had read.
    Then the readers of those books, of course, created a whole new generation of "how to make money" books, booklets and reports.
    In a while, the "opportunity seeker" market was saturated. More and more "how to make money" reports … most of them crap … being sold to the same audience; cutting the market into smaller and smaller pieces. Fewer orders for each marketer.
    When the "crap" purveyors saw fewer and fewer orders, they moved on to greener pastures - and - the unfortunate beginners never made enough sales to continue in their efforts.
    Soon, the pendulum had taken a full swing and the only ones left were the "real" people with the experience to back the information in their books.
    But, then again, there would be a spate of articles about how much money could be made selling "how to make money" information products and the whole cyle would start again.
    I've seen it happen too many times in mailorder. Now, it is happening on the Internet.
    Until the pendulum takes its full swing, expect more and more crappy "how to make money" information products, plans and programs on the Internet.
    0
    0
    Vanessa,
    I know you are not the author of the article. As you are the one who posted the article I will direct my comments your way.
    A different take is there is nothing like a pendulum at work. There are always people who want to get something for nothing, who want to be rich by finding the secret sauce, who will sit on the couch and buy How-To books, manuals, audio and video, etc.
    In other words you just need to keep finding a new sucker if you want to market the "secrets".
    Like many good stories there is some fact and some fiction in the pitch. People do need to think differently from the standing of stay in line and wait for the riches to come to you. People also have to look for needs that are not being satisfied and then find a way to fill the need. Some needs are temporary while others are life long (need for food, shelter, clothing).
    John Corey
    https://www.ChelseaPrivateEquity.com/blog
    https://www.Twitter.com/John_Corey
    0
    0

    John Corey 


    I host the London Real Estate Meet on the 2nd Tuesday of every month since 2005. If you have never been before, email me for the 'new visitor' link.

    PropertyFortress.com/Events

    Also happy to chat on the phone. Pay It Forward; my way of giving back through sharing. Click on the link: PropertyFortress.com/Ask-John to book a time. I will call you at the time you selected. Nothing to buy. Just be prepared with your questions so we can use the 20 minutes wisely.

    I agree John. And there will always be "opportunity seekers" who want everything handed to them on a plate and will not do anything with the information they are given. They say "knowledge is power", but that is not true. Knowledge is only power if you ACT on it.
    I think we will see more and more of these "how to make money" opportunities appearing on the internet - and disappearing just as quickly with large amounts of people's money.
    0
    0
    With the Internet you can reach more folks who want something for nothing.
    I like the statement: "Knowledge is only power if you ACT on it."
    Vanessa said:
    I agree John. And there will always be "opportunity seekers" who want everything handed to them on a plate and will not do anything with the information they are given. They say "knowledge is power", but that is not true. Knowledge is only power if you ACT on it.
    I think we will see more and more of these "how to make money" opportunities appearing on the internet - and disappearing just as quickly with large amounts of people's money.
    0
    0

    John Corey 


    I host the London Real Estate Meet on the 2nd Tuesday of every month since 2005. If you have never been before, email me for the 'new visitor' link.

    PropertyFortress.com/Events

    Also happy to chat on the phone. Pay It Forward; my way of giving back through sharing. Click on the link: PropertyFortress.com/Ask-John to book a time. I will call you at the time you selected. Nothing to buy. Just be prepared with your questions so we can use the 20 minutes wisely.