Top Ten Get-Rich Quick Traps in Entrepreneurship
Author: Unknown
Source: Internet
Updated: October 19, 2010
Using information can make money, but nowadays some information scammers have devised numerous tricks, setting one trap after another, making people eager to get rich fall for them unwittingly. Below are the most common deceptive tactics used today, revealed to remind everyone to be vigilant against these traps and avoid unnecessary losses.
1. Free Seeds: In recent years, there have been frequent advertisements offering "free seeds" in newspapers. When you contact them by phone or letter, they will either ask for packaging fees, technical cooperation fees, or contract certification fees. After you send the money, some may send some so-called seeds, while others might vanish without a trace. They use the sign of "free seeds" to mislead and deceive buyers. Remember, there is no such thing as a free lunch, and pies don't fall from the sky.
2. High-Priced Buyback: Many people use the names of XXX Herbal Research Institute or XX Herbal Market to sell seeds and seedlings. Some varieties that have seen price drops are exaggerated in advertisements, claiming to be rare herbs mandated by the state for development. The advertisements deliberately give a vague concept of how much profit per acre can be made, attracting those who don't understand the herb market but are eager to get rich. They also claim that some varieties with strict environmental and cultivation requirements are suitable for both the north and south and easy to manage. They use the guise of "high-priced buybacks" to deceive people into falling for their scams.
3. Material Processing: Some individuals lure people with promises of high returns on processing fees and product buybacks, aiming to collect processing management fees and deposit frauds. Advertisements claim that as long as you pay a deposit, you can freely receive materials for assembly and product buybacks, earning substantial assembly fees. When you deliver the assembled products after paying the deposit, the advertisers often reject them on grounds of poor quality, aiming to defraud you of thousands of yuan in deposits.
4. Joint Ventures: Some "factories" advertise in newspapers, claiming to offer free materials for joint ventures in processing gloves or clothing. They say that as long as you purchase their processing machinery and pay a deposit for free material processing, the factory will take responsibility for product buybacks, allowing you to earn high processing fees. However, this is not the case. After purchasing their machinery, paying the deposit, and delivering the processed products, the factory will reject them due to alleged substandard quality or relocate elsewhere, leaving no trace. The purpose of these joint venture ads is to sell inferior machinery and defraud deposits, resulting in significant financial loss.
5. Collectible Buybacks: Some advertisers promote the wealth-building potential of collecting ancient coins, claiming that following their materials could yield hundreds to tens of thousands of yuan worth of coins. Selling them at antique coin markets could supposedly turn you into a millionaire. This is a flowery trap. The advertisers' claims of "long-term purchases of ancient coins, badges, paper money, and coins" are merely to attract you to spend high prices on their related materials.
6. Specialized Planting: Many unscrupulous advertisers exploit farmers' lack of information and eagerness to get rich. Using contracts, legal certifications, and guaranteed buybacks as a facade, they sell animal varieties that currently lack a market. By taking advantage of the time difference between the animals' growth and reproduction, they increase seed distribution and reduce buyback quantities within a short period. Once the opportunity arises, they abscond with the funds, rendering the contracts useless. Worse still, they sell seeds irresponsibly, such as selling bullfrogs as edible frogs or selling commercial frogs as breeding frogs.
7. Patent Transfer: Some organizations or individuals defraud so-called technology transfer fees by providing immature, false, or practically useless technologies, claiming they have obtained patents (patent number XX). A local farmer contracted to produce laundry powder from a unit, but the produced products never reached the standards advertised. It's no surprise that authoritative figures claim that products produced according to their technical data are mostly substandard. If you check the provided patent information at the patent office, you'll find it non-existent.
8. Exaggerated Facts: Some advertisements exaggerate facts for profit, only mentioning advantages and omitting disadvantages. They frequently use terms like "high-tech," "imported," and "latest variety" to confuse people, touting benefits. Exploiting farmers' desire for novelty and high yields, they sell unapproved agricultural varieties. Their so-called "super high-yield" and "new special excellent" labels are self-declared "brands."
9. Sheep's Head, Dog's Meat: Nowadays, various seed advertisements in newspapers and magazines are abundant and mixed with fake ones. Many deceive people by substituting ordinary or obsolete seeds with claims of being the latest and best seeds. Often, they pass off ordinary varieties as newly developed rarities, leading to ridicule among buyers. For example, the currently popular "ginseng fruit" is nothing more than the notorious fragrant pear from the early '90s.
10. Wealth-Building Machinery: In recent years, many different types of wealth-building machinery and projects have appeared frequently in media advertisements. These suppliers all bear the heavy responsibilities of providing production processes, formula technology transfers, and personnel operation training. Some even provide marketing strategies and procedures for using trademarks at branch factories... truly offering comprehensive services. While some are legitimate manufacturers promoting their products, others exaggerate performance and deceive customers, necessitating vigilance. It's important to examine carefully based on actual needs and avoid blindly following trends.