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Peddling the ‘Secrets’ to Getting Rich on Amazon

theatlantic.com

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Re: Peddling the ‘Secrets’ to Getting Rich on Amazon

#11
post #4

This is the internet equivalent of those "get rich quick" TV infomercials, where the only people getting rich quick are the ones providing sham classes/books/seminars and charging outrageous amounts for them.

The same BS peddled by people like Gary V and co.

Re: Peddling the ‘Secrets’ to Getting Rich on Amazon

#14
post #9

The way to make money "easy" is to have a skill combined with an insight that most other people don't have, and work to exploit that ability for profit. For example, someone who is a good application developer but works in a dental office can identify what exactly is needed by that demographic, and how much they are willing to pay for it (thereby using their potentially "hobby" skill of programming to create that run…

I was always told to follow the rule that if you think of something that will make a ton of money, do some research, because someone has probably already thought of it and done it. If no one has, then your idea is probably flawed. It's the really small percentage of ideas that fit into neither category where you can make a lot of money, but that is incredibly small. Understand your probably of success before you start planning your dream of living on a beach for the rest of your life.

Re: Peddling the ‘Secrets’ to Getting Rich on Amazon

#15
post #4

This is the internet equivalent of those "get rich quick" TV infomercials, where the only people getting rich quick are the ones providing sham classes/books/seminars and charging outrageous amounts for them.

Actually it seems promising people this BS is a consistently reproducible way to make money on the internet. (just look at the number of options and amount of effort people put into all this)

It's a tad bit below my moral standards.

Re: Peddling the ‘Secrets’ to Getting Rich on Amazon

#16
This is the flip side of an experience that's more and more common when buying on Amazon--there are a lot of sellers peddling poorly made or counterfeit items for a quick buck. It's a crowded marketplace, and it's mostly crowded with sketchy sellers.

I avoid Amazon for anything other than books, lately. For anything else, there's no telling what you'll actually get.

Re: Peddling the ‘Secrets’ to Getting Rich on Amazon

#17
> But they’re even angrier with Behdjou and Gazzola and their company, which was, at the time, called Amazon Secrets. “It’s a scam,” McDowell said. “They take your money and don’t deliver.”

Nothing in life is free except a hard time. These "I'll show you how to make passive income" schemes have been around long before the internet. It's sad, but they prey on the people too desperate for an easy way to wealth to think logically.

Re: Peddling the ‘Secrets’ to Getting Rich on Amazon

#18
People forget that history repeats itself -- the ones that got richest during the California Gold Rush were the ones selling tools, unless you were lucky enough to hit a motherlode.

So if someone is selling you an expensive tool that will help make you rich, ask yourself why they aren't using that same tool themselves. (and if the answer is "I have all the money I need, I just want to help other people... then ask why they are charging $4000 for it...)

Re: Peddling the ‘Secrets’ to Getting Rich on Amazon

#19

There's a reason those guys were selling classes for 4 grand instead of quietly becoming rich following the advice they're selling people.

That always reminds me of folks selling gold on TV adverts or selling house lists of great homes to sell.

Now granted the gold profit is taking a cut but at the same time for both if they're so sure this is a great investment....

Re: Peddling the ‘Secrets’ to Getting Rich on Amazon

#20
In this day and age it is surprising that people still fall for "Get Rich Schemes". Anyone selling Investment Advice, Business Advice, Products, etc that promise success, wealth, etc are charlatans.

These two took advantage of desperate people. There is little to no money to be made on AMZN today. No one is getting rich anymore.

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