Is your successful online business still keeping you up at night? If so, you need to read about a strategy that many people don’t know about in running a successful online business. Ignoring this strategy can potentially cause their online business to fail or at the least cause them to forfeit a good night’s sleep.
Let me start this way. I remember the first time that I was invited to a network marketing meeting. That was before the days of the internet. Someone I knew at a hospital where we both worked, asked me if I would be willing to go with him to attend a “meeting’. Because he was a friend and because I was curious regarding what this was all about, I decided to go. It turned out to be an Amway meeting. That was over 40 years ago. Wow! A lot has changed since the time of meetings in homes or hotel ballrooms. Drawing the circles on the white board seems obsolete with the advent of the internet has allowed for high definition online presentations that can be viewed from any corner of the globe straight from one’s kitchen table. The online business from home industry has exploded with new companies appearing on the scene almost daily. With the economic downturn and the promise of being able to develop a significant 2nd income stream, new people are joining home businesses daily. In my opinion, this is a good thing.
Successful Online Business – Are You FTC Compliant?
However, unless you’ve been living in a cave somewhere or under a rock LOL, you are likely away that the rapid growth of the ONLINE BUSINESS FROM HOME industry has also resulted in increased vigilance of home business owners by the U.S. Federal Trade Commission (FTC).
And this has also resulted in more people being fined or worse by the FTC for being in violation of their regulations. You know that feeling you get when you are out driving, perhaps with the family or friends, and suddenly you see that blue light flashing behind you in your rear view mirror? Where to pull over? Do you have your driver’s license with you? What about the car registration and proof of insurance? Your heart sinks into your stomach. Oh no! What did you do? What’s going to happen now? How embarrassing? This is similar to how the FTC functions. They are like online policemen endeavoring to make sure that companies comply with their regulatory expectations. Like the policeman who hides on a side street with his radar gun aimed at oncoming traffic, you may not see them but they see you. And they are developing new strategies and resources in which to get this done. And the last thing you want is to be on their radar. And thankfully, you can take measures to minimize the chances of being in the FTC’s sights. Unfortunately, many up and coming entrepreneurs, just trying to make a few bucks online are not aware of what they can do to make sure that what they say about their products or opportunity is in compliance with the FTC regulations.
Now I know that you are thinking, “I’m just a small guy.” The FTC is only interested in the big guns like Vemma or Herbalife. To be sure these companies’ challenges with the FTC made the headlines for some time. Perhaps you aspire to be like the kid who sits in the back of the class hoping that the teacher doesn’t call on him or her to answer a question? Let the smart kids sitting up front answer all the questions. However, when it comes to the FTC, that’s not true. They can call on anybody, both large or small. The FTC is an “equal opportunity enforcer”. No matter who you are, you risk getting flagged by them. And if you do, ignorance is no excuse. Saying “I didn’t know” doesn’t cut it as far as the FTC is concerned. You are supposed to know. And for them, that is all that matters. I don’t mean to scare you but did you know that the FTC has the power to freeze all of your assets including your personal bank accounts if they choose to? And they are not afraid to use that power if they feel it is warranted.
As already observed every day, especially in touch economic times, new people are signing up to start what they hope will be a successful online business from home. Typically, their sponsors spend considerable time reviewing with the new recruit, the benefits of the products, the compensation plan, how to get paid etc. Yet rarely, if ever does a sponsor spend time with the new business owner talking about the role of the FTC in regulating online businesses and the need to be compliant. At the end of the day, you are an independent business owner. As such, it is your responsibility to know the legal ramifications governing the operation of your online business. You can be sure, that if the FTC comes knocking, your sponsor will likely be nowhere to be found. Keep in mind, you are an independent business owner.
Okay. Now I know that must be thinking. I will just google on the internet and get some policies governing online businesses that I can cut and paste and put on my website. Hey, wait a minute! That’s not a good idea. Here’s why? First, that information may be copyrighted not giving you access to use it. Secondly, you don’t know if such terms would actually withstand legal scrutiny? How do you know that they were written by someone legally qualified to craft such policies? Would your online business from home policies such as “terms of service”, “privacy notice”, etc. withstand legal review if challenged by the FTC?
Successful Online Business – Become FTC Compliant
What’s a person to do who just wants to develop another income stream using the power of the internet? You didn’t go into business online to risk getting into trouble, did you? Developing an online business was to help you earn enough money to escape to some island paradise, to enjoy being caressed by cool ocean breezes and warm beach sand beneath your feet.
Not to risk paying some exorbitant fine levied by the FTC or God forbid wind up in jail. What’s a person to do who wants to operate a legitimate, legal online business with integrity? Don’t give up! Don’t despair! I’ll tell you what I and other discerning online entrepreneurs have done.
After doing my due diligence, I joined with other savvy online business owners who use a reputable online attorney who specializes in providing legal support to online business owners. He and his law firm are one of the leaders in providing this type of legal service to online entrepreneurs. What a sense of relief I felt when I found these guys! They are reputable. They are not hiding behind a website. They have put themselves out there. And they stand behind their services. This partnership includes a lawyer and a successful online marketer which means they understand the legal and marketing issues from both sides.
I know you’re thinking, lawyers are expensive. And yes, they can be. But these guys have managed to reduce the cost significantly by providing online forms that you can fill in the blanks and tailor make them to suit your unique business situation. Also, when you subscribe to their service, they have monthly webinars to keep you abreast of what’s happening legally in the online business from home arena. They also maintain an online library of training materials relevant to being FTC compliant which is regularly updated. You will join a growing online community all with the goal of doing everything reasonably possible to stay on the right side of the FTC. This way you can have peace of mind knowing that if you follow their advice, you reduce the chances of the FTC’s knocking on your door.
The other benefit is that for the price of a hamburger, some fries, and a Coke you can get this law firm to evaluate your current online business website to determine if it is FTC compliant. All this at no obligation. This allows you to “kick the tires” of their service before making a longer term commitment. Don’t delay. I encourage you to get this website evaluation done today. And if you are happy with their service, you will naturally want to share it with others. Why not get paid for doing so? Good news! They have an affiliate program that allows you to earn a commission from the people you refer who subscribe to your service. And you have the potential to earn commissions on 2 tiers?
Imagine what it will feel like knowing that your successful online business is not only making sales but is FTC compliant. How would you feel when you sign someone up in your new business knowing that you can honor the trust that they have in you by introducing them to a resource designed to help them be FTC compliant as well?
How comfortably would you sleep at night knowing that you are not putting your family’s well-being and security at risk? When you are gathered around the dinner table with your family, you can confidently look into the faces of your spouse and children knowing that you’ve done everything you could to make them secure? What would the sense of freedom be like knowing that you can focus on building your successful online business without the worry or stress of wondering if you will be the next FTC casualty? And really, who can put a price tag on that?
Want to know more? Just click here. You deserve a SUCCESSFUL ONLINE BUSINESS and a good night’s sleep. That’s true online business success.
Yours for meaningful prosperity,
P.S. Feel free to Like, Comment, and Share. What do you think? Is being FTC compliant an essential ingredient for operating a successful online business?