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Government
Auctions
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Rating:  
Level of Review:
Researched. No need to use them.
Overview:
Book on making money through government
auctions.
Product:
They are selling a book, you resell what you
buy.
Cost:
$29.95
Compensation:
Profit on sales.
Conclusion:
Ok, I give this one a double rating, because
while the books are a scam, the auctions are for
real, and can be a resource if used wisely. But
they are no better than yard sales, classified ads,
and eBay as sources for used goods.
The books make it
sound like they are going to give you some great
secret to making money easily. The truth is, all
they are telling you is to buy cheap, and sell
expensive. Oh, if it were only that easy! Even if
it were simple, government auctions are not the
answer!
All it is, is
intelligent sales. Any store works on the principle
of buying, then selling at a markup that gives you
a profit. Assuming you could get cheap items, it
wouls not help you to afford the store, or get
noticed. You would still have to run the store, and
that is not easy! You are better off using your
money on a copy of Business Management for Dummies!
(Search Amazon at right!)
Government auctions
are like every other second hand source. Deals do
occur, but you have to be smart. And they are only
another resource for an established business, not a
means of ensuring success of a startup.
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Our Rating System:
No program is right for everyone.
Even a rating of four or five does not indicate that you should
dive in without some careful thought and consideration. Business
is still risky. All reviews have the reasons for the rating
clearly defined.
 -
Information presented in program is accurate and factual concerning
the potential of the program, program is based on sound business
principles, and has good potential to provide stable income
for individuals to whom the program is suitable.
 -
Information is accurately presented, company focuses on selling
product, but business is either more confusing, less predictable,
or slightly higher risk for one of a number of reasons. Still
considered a sound company and very acceptable risk.
 -
Information may be confusing or misleading, company may have
significant issues with program structure, support of product,
or public perception and reputation. A rating of three does
not mean you should not do it. It just means you need to be
sure you are suited to overcoming the difficulties that the
program has.
-
Information generally misleading, risk fairly high, many unanswered
questions, business principles questionable, but still has some
potential for actually working for some people.
 -
Cannot declare that it is an outright scam, but potential for
it to work is very low. Will have questionable business theory,
bad reputation, excessive hype that is not backed up by common
sense, or other aspects which indicate very high risk. Will
always have multiple issues, not just one thing.
-
Outright Scam. Anything labeled this way is never worth any
kind of risk.
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