New Twist On Get Rich Quick Targets Small Businesses
Small business owners become the target of scams.
Business owners already have a propensity towards risky activities. They also have a taste for rewards commensurate with the risk they undertake. This combination of traits have made them increasingly appealing targets of fraudsters. The timing is also right. After so many years of lackluster results, many entrepreneurs are finally looking for higher returns and their judgement may be cloudy.
Remember that if it took years to achieve success in your current business, it isn’t likely that overnight success or double-digit returns per month on a new venture are realistic. Avoid the temptation and stick with what you know.
A little about Mike Periu
Periu founded Proximo, LLC nearly 15 years ago. The company provides small business education and training services with an emphasis on finance and technology.
Periu teaches empowerment through entrepreneurship and economic opportunity. He regularly appears on television and radio talking about these subjects.
Periu also writes for leading blogs about finance. These include: American Express OpenForum, Yahoo! Finanzas and the Huffington Post.
Periu studied Finance and International Business at Georgetown University. He is a Board member at the Council for Economic Education.
