How EBiz Scams Affect YOU | Chris Malta's EBiz Insider Podcast

Chris Malta's EBiz Insider Podcast

Everybody who decides to open a home-based ECommerce business is going to come across a huge variety of scams. It's unavoidable; there are literally thousands of people out there who will lie to you and try to cheat you out of tens of thousands of dollars. Learn what happens, how to avoid it, and what the true cost is.

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EPISODE TRANSCRIPT

Everybody who decides to open a home based e commerce business is going to come across a huge variety of scams. It's unavoidable.

There are literally thousands of people out there who will lie to you and try to cheat you out of tens of thousands of dollars. They know they're lying, they know they're cheating. They know they could be prosecuted and sued for what they do, but the money is so good for them that they just can't resist.

You're listening to this podcast, which means you either have an interest in starting an online business, or you already have an ECommerce business.

If you're just starting out and you haven't spent any money yet, you're one of the very lucky few who just might make this happen without getting screwed to a wall financially.

If you have an existing eBiz, there's a 97% chance it isn't making you any real money, then an unbelievable 90% plus chance that you've been cheated out of at least $15,000. Possibly as much as 35 to $40,000.

I've been very successful in online business for over 30 years. I've been teaching online business since 2009. I easily have over ten thousand hours of ECommerce mentoring under my belt.

More than 80% of the people I've taught had been cheated out of tens of thousands of dollars by multiple ECommerce scams.

These eBiz scammers run in packs like rabid wolves. They hunt together to take you down and pass you around in order to squeeze every last dime from you. For absolutely useless apps, tools and services that will never work.

Does that sound like a conspiracy theory? If you're one of the very few who hasn't been nailed by this stuff, yet, it may sound like that.

But to the more than 90% of those who listen to this podcast who have spent money with these dirtbags, you already know, don't you?

The minute you sign up for a free trial website, an eBiz app or tool, attend a "mastermind" webinar, sign up for a mailing list, go to a hotel seminar or take advice from a public "experts" forum, these people have you hooked.

More importantly, they have your email address and possibly even your phone number, if you gave it to them.

If you didn't, they'll try to look it up online through various phone location services. So how do they hook you? They make promises they can't keep. Please understand this. Nobody can promise you success. Nobody can guarantee that you'll make money, not in any kind of business, not ever.

But these people will do that all day long. They'll show you fake websites that they claim make millions of dollars. They'll show you bank statements that are Photoshopped to look like they have money coming in every day.

They'll give you testimonials from people who claim to make tons of money from their systems. Those people work for them. They're not real eBiz owners.

They will absolutely guarantee your success in a very short period of time and tell you how easy it's going to be. They'll tell you that they'll do most of the work for you.

Then they'll actually go online with you and help you apply for 40 or $50,000 worth of credit cards that you then max out with them.

And they'll tell you it's okay, because they'll promise you you'll make all that money back within a few months and pay off those cards. But it won't happen.

They'll tell you it's okay to take out a $70,000 mortgage on your house and spend it with them, because you'll make the money back in a few months. But it won't happen.

I'm not just speaking in general terms here. Everything I've said has actually happened to people I've personally worked with in my Education, talked to over the phone, or have met in person. All of it with those actual numbers.

Keep these following things in mind. Write them down, stick them up with a fridge magnet, whatever you have to do.

Anybody who tells you that Amazon, eBay, affiliate marketing, template based websites, SEO apps and tools, private labeling, importing from China, using AliExpress, outsourcing your marketing and graphics, or that you'll make good money quickly online in any way, is absolutely flat out lying to you.

I will guarantee that.

So, like I said, better than 80% of the people listening to this podcast have already been burned this way. If it happened to you, I give you tremendous amounts of credit for even being here at all. Most people just curl up into a ball and sob for weeks.

Then spend the next 10 years trying to dig themselves out of all that debt, working three jobs and selling half their possessions.

If it's not happened to you yet, be very aware that when you step into home based ECommerce, you're stepping into a live minefield in the dark, wearing clown shoes and pushing a 30 foot wide lawn roller right in front of you.

If that sounds really scary, good. It's meant to.

But being victimized like that robs you of something far worse than money.

It robs you of your self confidence, your self esteem, and your trust in your own decision making ability.

It robs you of your ability to trust other people.

It affects your entire life, your personal relationships, your family members, your living situation, and your ability to support yourself and your family,.

Your entire future is forever changed by something like that. Most people who have been hit hard by these sickening scammers end up feeling deeply personally violated, and many end up suffering from years of depression or other psychological damage. The countless number of people I've had conversations with over the years who have been victimized in this way tell me that they feel foolish or even stupid for allowing this to happen to them.

If you're one of those people, you can't put that on yourself.

You were lied to. You were cheated. You were victimized.

The people who do this to you are very, very good at what they do. They know the psychology, they know the buzzwords, they play on your emotions and your desire to better your life, and they lie.

It's not the fault of the victim, it's the fault of the victimizer.

I personally am a big believer in karma. What goes around comes around, and karma can be a Screaming Banshee on a rocket sled when it needs to be.

I almost pity those victimizers when it catches up to them, and it will. I ALMOST pity them.

Okay, if you can't tell by now, I get really fired up about this whole thing. It disgusts me. It makes me wish I could sit those scammers down one at a time in a room with all the people they've hurt and make them look those people in the eyes and really see the monetary and psychological ruin they create every single day.

There are two reasons I feel that way. First, hey, I'm human, just like anybody else. I've actually listened to those victims tell those stories, literally thousands of them over all the years that I've been trying to help people understand this business in different ways.

It's taken its toll on me too. I've listened to people on the other end of the phone who are literally sobbing about all the money they've lost. How horrible they feel about themselves. How they don't know what they're going to do when their spouse or family finds out.

That's no exaggeration. It's absolutely true, and it's heartbreaking to hear over and over and over again from so many people for so many years.

The other reason is because this is my chosen industry. I was here over 30 years ago at the very beginning. I actually HAVE made millions in this business because I don't just talk about it.

I do all the things I talk about, and seeing these frauds doing so many bad things to so many good people is just incredibly frustrating.

It also ends up making me look guilty by association. It's harder for me to actually tell people the truth and help them because they've already been burned so badly and simply have no trust left to give.

Anyway, I'll end this rant with a really serious warning.

Be very careful out there.

I've told you what to look for. It's no joke. If you've been victimized, that was not your fault. If you haven't, they're coming for you. Don't let them get you.

If you'd like to hear the truth about this business for once, and if you're willing to extend just a little bit of trust just one more time, talk to me. You can call or join one of my free ECommerce Q & A Meetings any time. No pitch, no pressure, just the first real conversation you'll ever have about selling online.

Thanks for listening, and I'll catch you next time.