Bad dye jobs and repackaged butchering

Product Launches Internet AttorneyShady grocery store butchers will take hamburger that’s old, put some new red dye in it, and shove it back on the shelves with a different expiration date.

Every 4 to 6 months, shady Internet sellers will take an old product, slap a new name (or version on it) to pretend something has changed, and re-launch the product with a short deadline to get it. These product launches are their system for doing business.

There’s nothing wrong with making improvements to your products and selling new versions. If you add extra value, be candid about it. If what you’ve improved is something your customers are willing to pay for, you can justify multiple product launches.

However, as your Internet attorney can explain, business owners cross the line when they…

1. Repackage the same item but lie to prospects that it’s something new.
2. Use fake deadlines based on phony excuses.
3. Pretend there is a limited stock of a product even though as many as can be sold will be manufactured.

Like bad meat, these tactics stink.

They’re deceptive. They’re illegal. And your customer won’t forgive you for it.

Your reputation is too important to use gimmicks like a bad butcher. Talk with your Internet attorney before doing product launches that could hurt your good name and possibly be illegal too.

To your online success!

-Mike the Internet attorney

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How do they get away with it?

Internet lawyer fraudI wish I had a nickel for every client who complained to his Internet lawyer about the so-called “gurus” who are getting away with breaking the law.

Here’s the truth. They don’t all get away with it.

Many are licking their wounds behind closed doors while putting on a happy face to the public in order to “sell the dream” of bad actions without negative consequences.

The government starts by going after the big fish, that is, the Internet con artists who hurt the most customers. If there is time, budget, and labor hours left to go after the smaller fish, the government does that too.

Yes, it’s unfair that some of the scammers at least temporarily are stealing money online and not being pursued for it. Some might get away with it entirely.
But most don’t.

Here’s what your Internet lawyer can tell you about in detail…the consummate scam artist would rather make a dishonest buck conning people than earn ten times as much by treating customers fairly and delivering value. These types of criminals are adrenaline junkies constantly looking for a new “high” that comes with pulling off a bigger scam than the current one.

Because of this, many will get caught more than once…just not all of the time.

Back to the bigger fish. Last month, I wrote about how the U.S. Federal Trade Commission (FTC) had gone after Jeremy Johnson and nine of his buddies for alleged Internet fraud.

The court handling the case has now frozen Johnson’s assets and appointed a receiver. Imagine trying to run a business with everything frozen…and what are the odds that Johnson’s lawyer is going to want to work for nothing if Johnson can’t pay for a legal defense?

Whether Johnson or any of these other “gurus” ends up losing everything won’t make one bit of difference to your success online. However, they do provide you with an example of what not to do when growing your Internet business.

Integrity is more than a personal decision. It’s also a smart business practice. Choosing to accumulate wealth by delivering value to others instead of profiting at their expense reduces your legal headaches, fattens your wallet, and lets you sleep easier at night too.

To your online success!

-Mike the Internet lawyer

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How to fix your email signature

Internet attorney emailAs an Internet attorney, I spot online entrepreneurs making some common mistakes that can be quickly fixed. For example, when you send out individual or autoresponder emails for your Internet business, do you sign your messages as…

Your First Name (e.g. Jim)

OR

Your First Name and Your Last Name (e.g. Jim Smith)?

If your business is a corporation, a limited liability company, or similar entity, you’re creating unnecessary legal risks for yourself. Your Internet attorney can explain what these risks are based on your particular circumstances.

When someone reads your email, they can reasonably assume that you’re doing it as an individual…and that can mean liability without a business shield to protect your personal assets.

You want to make clear that you’re sending the email for your business instead and your position within the company.

Here are two good examples…

Example 1:

Christina Aguirre, Managing Member
Aguirre Widgets LLC

Example 2:

Mark Franks, President
Frankly Widgets Inc.

Notice how both Mark and Christina not only (1) identify themselves by name but they also (2) list their company titles and (3) the full names of their businesses.

If you’ve set up a business entity to shield yourself from personal liability, maximize your use out of that protection.

To your online success!

-Mike the Internet attorney

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