Scams for Wannabe Entrepreneurs
July 24th, 2008
Many people (including me) have this burning conviction that we’re meant to do something by ourselves - setting up your own business is becoming more and more common in India, as people start earning better at an earlier age and can afford to take more risks by the time they are 30 or so.
Naturally, where there is interest, there is opportunity, and where there is opportunity, can scammers be far behind? Via Escape from Cubicle Nation, I came across Business Week’s slideshow story on the 10 Most Common Home-Business Scams. Not all qualify strictly as “home” business, but all of them are essentially tricks that wannabe entrepreneurs fall for. (sometimes, people who’d just like some extra income while taking care of family, too.)
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