Look out for invites to join the “Next Google” from your friends.
Be a Part of the NEXT GOOGLE! Get PAID NOW TO BE ON THE INTERNET!!!
Your friends are valuable to you… now make them priceless. Share FREE Membership with everyone you know. Share FREE Money with everyone you know. FREE Membership equals FREE Money. The more friends that Join the more money you ALL make. Finally, you all get compensated for your time on the web. Your friends will love you for life!
Sign up before one of your friends signs you up and make money now. It’s FREE! and you make money just from clicking. The toolbar shows you exactly how many friends you’ve signed on and how much money you are making real time!
1st of all, it’s not the next Google. They are not even in the same business.
1) There’s no such thing as FREE Money – Any business that screams FREE Money is suspect2
2) The business model has failed before – While this uses (Multi-Level Marketing) MLM, the business model isn’t very different from the defunct AllAdvantage and Agloco. I used AllAdvantage and made about at the most $20 after hours of trying to make money with the toolbar. From Wikipedia:
AllAdvantage is perhaps most remembered for its successful adaptation of the “viral marketing” concept, a term first coined by the venture capital firm Draper Fisher Jurvetson. In viral marketing, members of the service promote it to their friends and acquaintances, which AllAdvantage enhanced by adding a compensation component, rewarding users for the number of members they successfully referred.
A spin-off AllAdvantage, Agloco launched in 2006 and also shut down. Read about it here, here, and here. With advertising $$$ being the main revenue maker, it’s doomed. Online advertising has been hit hard with this recession. Companies are also advertising less to build their brand with a more targeted manner. The days of blanket advertising is over. Advertising is dead. Robert Stephens, founder of Geek Squad says “Advertising the the tax you pay for being unremarkable”. ‘Nuff said.
3) No transparency – The parent company Boloto Group, Inc, has no business information on bolotogroup.com. There’s no About us or contact information, just screenshots of their websites. Doing a whois on bolotogroup.com shows that it’s registered by Investorhelp, Inc who’s nowhere to be found online. Digging through Alexa, you see that they are a seller of an investing CD-ROM. Going to Investorhelper.com leads to GetTheBar.com. It’s a full circle of nothing. Who runs this business? It’s common practice of these get rich quick companies to not have company information. They setup a quick website, make money, and then shut it down.
4) The business model brings out the worst in people – To get someone to sign-up, people will not be as honest as they could be. They play on fear. The fear of not being able to pay bills. Look at all the spam online promoting this product….
5) There’s nothing easy about making money online - We have to move on from this idea that the internet is a goldmine waiting to be tapped. While there are a lot of people making money online, it’s hard work for the most part. The #1 money making method online is to sell a product. The #2 money making method is to sell someone elses product. Sitting down and clicking on links and sending emails is not even in the top 10. Many people believe it’s easy. It is not. You need to study traditional retail, SEO, SEM, and even basic programming. Why should you get paid to surf the web? It entertains you, helps you communicate, and educates you. Do you expect watching TV or listening to the radio to pay you?
While you may not have to pay anything to use this service, you will invest time. We all know time is money.
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