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When Does the New Internet Entrepreneur Become a Business?
Here’s the thing: You saw this ad on the Internet promising you a seven-figure income this year. Step-by-step training and premium access to the “secret” formula costs only $37. So you pulled out your trusty VISA card, and you were instantly replaced. You are now a new Internet Entrepreneur, which I will refer to as a “Netpreneur”.
The back story
So, December 21, 2012 came and went. Is it any wonder the Maya got that calendar thing wrong? How many Maya do you know? That’s right, the Common Era of the Mayan Civilization was over, and they disappeared completely somewhere around 900 AD But they invented this pure Mayan Calendar thing, and predicted the “End of the World”.
In preparation for Atonement Day (or whatever you want to call it when civilization as we know it ends), you’ve run your credit limit up to the max on all of your credit cards, you’ve defaulted on the last four mortgage payments, you’re three months behind on alimony, and you’ve just one of those “Sign and Drive” ads at the car dealership. All that credit card debt goes down the drain because we all know you can’t walk away with it, so if no one survives December 21st, 2012, what do we need the banks for? This was the previous Debt Forgiveness program.
Rushing to pay Christmas bills – January 2013
Life is made easier by not having to worry about how much you spend, how much it costs, and the bill-juggling that is necessary for nothing less than a challenge in a typical month. Add in Christmas gifts, entertainment expenses, and other personal indulgences that you wouldn’t consider under normal circumstances, and now you have a pile of unpaid bills and bills like the pile of phone bills in the Vonage ad.
Vision: Become an Internet Entrepreneur
You get this idea of ”making money on the Internet”, and you are caught in the “squeezing pages” that show a twenty-minute video, and read testimony after testimony of local farmers and pig farmers in Iowa who are now making $100k. cars, living in multi-million dollar homes, and apparently turning into the lifestyle they always dreamed of. These “secrets” must obviously be worth thousands of dollars to you, just to get a peek at the keys to the kingdom.
For today only, this guy with the Australian accent will take you under his wing, and he’ll gently coach you in the kind of success he’s achieved for the very low price of $197. You click through to the first offer page with a hidden “No thanks” link at the bottom of the page, in gray, in 6 point font, and amazingly, a similar offer is made, available only to the next 217 people, for $37. . Before you have a shot at signing up for this program, however, you must sign up for a free membership. Signing up involves providing your email address and name, and then entering a 16-digit CAPTCHA code and clicking Submit. After your third attempt at the CAPTCHA code, your registration is finally accepted. You’ve also just committed to an opt-in that gets you on an auto-responder mailing list that will get your inbox thirty messages a day with the same giveaway.
You quickly go online, review the account statements for each of the six credit cards in your wallet, trying to find one with enough credit to make this purchase. You know there will be “upsells” and you’ll need other things to make Seven Seven Life a reality. Then, “It takes money to make money.” You choose a credit card with a low balance, which also happens to have the highest interest rate calculated daily on the outstanding balance. Oh, by the way, Internet Millionaire calls this “OPM”, which means, “Using other people’s money,” to start your new BUSINESS. “No worries,” he tells you, because, “You will make enough money in this business to pay off the credit card balance in full before next month’s credit card bill”.
It’s bad enough when birds fly in and bombard you as you leave the car wash. Can you imagine the frenzy if pigs could really fly? Never mind. I quit.
Before proceeding, an email arrives in your inbox addressed to “New Internet Entrepreneur your name” asking you to click on a modified link to verify that you are a real person, and that the email address you provided at registration was a real person. (ie you). After you click on the link, you are taken to another “squeeze page” that gives you a free report, telling you the story of an Australian’s life in a video. You will accept the free report offer, but turn off the next two rapid fire updates. Finally, you are brought to a page that confirms $197 down to $47 but is actually $37 today – the only price you agreed to.
You click the bright yellow BUY NOW button, enter your email address, name, address, phone numbers, dog’s name, and the year your mom got her first kiss on the on-screen registration form. You will be asked to pay $197 now using the credit card of your choice. You are warned to be sure to enter one time, never to be given again, the DISCOUNT CODE in the next payment window, and the discount will be displayed at the final checkout. You click on the PayPal payment through credit card window to make your payment. There is no place to enter this DISCOUNT CODE, which is a combination of upper and lower case letters, numbers, and symbols on the front page that you can’t remember. You’re ready to hit the cancel button, but decide you can’t always call Customer Service afterwards to fix this if the discount isn’t applied. After all, these are honest businessmen, and they can certainly be taken at their word to give you the promised discount. Why would they offer a sixty day, money back guarantee?
When Did This Become a Business?
The moment you finally click “Are you sure?” button in the payment window, now officially “Business.” Your focus, naturally, is to get the “training” and “training” promised so you can start earning $100 a day. In the elapsed time of one hour and twelve minutes, from the time you click on the first squeeze page, until you click the Confirm Payment button, you cut, roughly, about three to six months of planning, writing, market research, line to get financing, business applications, licenses , getting tax numbers, setting up accounting, drawing up contracts, engaging suppliers, hiring employees, and the sleepless nights that most SMB (Small or Medium Business) owners go through before hanging their shingle.
An Internet entrepreneur has the same obligations that any other SMB organization must fulfill to be “in Business”. Just because the medium is the Internet, that doesn’t stop you from following the same rules that apply to every other SMB.
So, when do you intend to start these things?
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