Hello!
I'll jump right in. I've had a possible opportunity offered to me but would like advice.
Is rank and rent an ethical and legal business model?
Ie: Creating a website for a business that doesn't exist (or under some marketing business you create) generating massive amounts of leads, and then selling or renting ect ect those leads to a legitimate business who performs those services.
At first this opportunity looked very great. On the surface, the model seems great (albeit not perfect) and could be a learning/stepping stone into more things. Seemed like basic valuable lead gen.
However, the more I looked into it and learned about the model the more concerns I had with legality and ethics.
I've now learned through experience that this system can be done many many many different ways.
So my question is this.
Are there correct ways to do this model that are legal and ethical and are there wrong ways to do this model that are illegal and unethical (or legal but unethical)? If possible I would love examples of either that you know about or have seen.
Usually I feel like my BS detector works very well, but with the situation I am in, a lot of it feels "grey" which is a little alarming and confusing. I would love help with getting clarity on this.
Thank you for your time and input.
I'll jump right in. I've had a possible opportunity offered to me but would like advice.
Is rank and rent an ethical and legal business model?
Ie: Creating a website for a business that doesn't exist (or under some marketing business you create) generating massive amounts of leads, and then selling or renting ect ect those leads to a legitimate business who performs those services.
At first this opportunity looked very great. On the surface, the model seems great (albeit not perfect) and could be a learning/stepping stone into more things. Seemed like basic valuable lead gen.
However, the more I looked into it and learned about the model the more concerns I had with legality and ethics.
I've now learned through experience that this system can be done many many many different ways.
So my question is this.
Are there correct ways to do this model that are legal and ethical and are there wrong ways to do this model that are illegal and unethical (or legal but unethical)? If possible I would love examples of either that you know about or have seen.
Usually I feel like my BS detector works very well, but with the situation I am in, a lot of it feels "grey" which is a little alarming and confusing. I would love help with getting clarity on this.
Thank you for your time and input.
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today