Beware Of Home Internet Business Mentoring Or Coaching Programs

Home internet business mentoring or coaching is yet another route in which people new to the internet or wishing to start an online business may choose to use in the hopes of succeeding online. It may be a legitimate way, but there certainly are pits (as Irene Stennings found out) that need to be avoided by those not familiar with how some of these companies operate.

Bromley, England (PRWEB) May 7, 2006 -- Internet business mentoring companies offer services such as 'personalized' one-to-one tutoring, online classes, email support with your mentor, printed materials, CDs, DVDs and videos to watch, tele-seminars and seminars if you're based in the US.

As part of the agreement, the student is required to work a certain number of hours per week, usually 10-16 hours. Most mentoring companies guarantee success within six months. Within that time, they promise to get you website up and running and generating sufficient income to cover the initial costs. As to whether they deliver results, is still very much a debatable issue.

A research undertaken by Getyourebook.com, uncovered some startling pressure-tactics used by some home internet business mentoring companies to sign up people. Several companies were contacted and across board, all outlined what their company could do to help any student of theirs generate an “explosive” amount of income from their current or prospective internet business. Using testimonies from previous successful students, the prospective signee is persuaded that mentoring is the best route for them.

It's also difficult to get an upfront answer as to the costs of the program. After much hedging, our researchers finally got a "conservative" figure of $5000.00 from one of them.

For Irene Stennings of Stockport, enrolling for one of these online business mentoring courses, was the beginning of a nightmare she wishes to put behind her. “I was desparate to start something online,” she said, “ and mentoring seemed a good and quick way to avoid all the pitfalls.”

According to her, her credit card details were promptly taken, a terse contract read to her over a recorded (by the company) phone conversation. Having agreed to pay and initial sum of $6500.00, she was shocked to discover - after 3 business days and a change of mind - she faced a 30% penalty charge. "I was stunned," she said, "I couldn't talk for almost a minute. This made me realised what a hasty decision I had made. Although, I got my credit card company to chase them up, I'll never forget the experience."

In fact, most of the internet mentoring companies indicate in the 'small print' of the recorded conversation, that they are not under obligation to refund after the 3 days have expired. Thus, with the costs anywhere between $5000-$25,000 this can be a hefty loss.

As more and more people become internet-aware, some probably fall into the trap of wanting to make quick cash as soon as possible - probably due to reading some fantastic headline or sales letter which boasts of an astronomical amount of dollars earned within days and so on.

However, although there are genuine companies out there, it's essential for anyone thinking of taking the mentoring route to conduct an extensive research.

Nevertheless, it is possible to succeed with a home online business without being mentored. There is a simple step-by-step guide and information at http://www.getyourebook.com
GetYourEbook.com is an online information and resource center for home online businesses. To view futher information on home internet business mentoring, visit http://www.getyourebook.com For more further information on home internet business mentoring contact Ben Bardot, Media Relations using the email included.

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