6 Pillars to Spotting a Scam by roymcdonald


									6 Pillars to Spotting a Scam

     Inspired by my mentor
         Roy McDonald
    1. What is the Industry?
1. What is the industry?
This can be quite simple, a google search
  like; The seminar industry, or The Real
  Estate industry, then just click on a few
  sites and read more. With your clear
  objective you will be able to find what
  you are looking for quite quickly.
   2. Search on the warning
     signs for that Industry
2. Search on the warning signs for that
  industry? Again as you are going
  through the above process, you’ll
  almost automatically move into this
  search, keep it simply and use
  government sites as you can only trust
  someone's opinion so much.
  3. Search on how to protect
3. Search how to protect yourself? The
  second site, in number two, is a great
  site for this it list all the free government
  agencies that will support consumers.
4. Do more homework on your
       Personal Plan
4. Do more homework on your personal
  plan. What is your direction? What is
  your personal plan? Her are some great
    5. Decide based on your
         Personal Plan
5. Decide based on your personal plan.
  This one is very self explanatory.
  6. Never loses your capital
6. Never loses your capital. This is very
  important, if you have no capital then
  you are out of the game all together and
  it may take some time for you to get
  back into the game. Always know where
  you sit with you long term plan and
  amounts you can spend on new ideas,
  products or services.
  In Closing Roy McDonald’s seven year plan in the link above is
  a great resource. Weather you think you have a plan or not, you
  do and as Roy also says,

“If you don’t have your own goals then you have been enrolled in
    someone else’s”.


“Weather you have a plan to succeed or fail, you always have a

To top