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How many of you idiots want to give me money?

Coop

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People need to exercise due diligence. If it sounds too good to be true it probably is.

Great thread. I'll be using the 8 steps you listed to improve my pitches :).

Exactly. Assuming you have a legitimate product you can use those steps to increase your sales and still sleep at night.
 
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TheTruth

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Great info MJ and Zen!

Considering you guys hear pitches daily, other then the obvious (great team with decent execution, cashflow and a compelling story), have you had any impressive experiences with regards to people approaching you?

For example:

I know a guy who was doing direct mail. He put dice into the envelop(to make it heavy) and stamped "important" all over it. This gave it a perceived high value.

Inside the envelope he had 1 page of bad reviews that the business received and told them to call him if they wanted to fix that.

I know my example is not a pitch in the way you guys were talking about, but it got him in the door where he just had to show his results.



P.S. I love how I had to be one of the chumps who was "already on board" ... sigh


(And guess what? Vigilante, TheTruth, and Zendophin have already stepped-up to the plate and invested with me!)
 

Delilah Fawkes

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HA!

I was still thinking "Wow, buying up unpaid accounts sounds way too risky for a sure payout like that. Does MJ have a brain tumor or something?" when I got to the bottom. You got me, you sly devil, you!

I'm just glad you're not a supervillain. Things would be very bad for planet earth...
 
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Held for Ransom

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Sucks being new... how did I miss this thread? Too much. Speed ++ to zen*******.
 

jindo

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WAIT!!!! WHAT???!!!

Are you trying to tell me that the money ($9 Million BIG ONES :D)
that I am supposed to get from the Nigerian Ambassador is just a scam???

Say it ain't so ...:nonod:
 
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MJ DeMarco

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Too bad this wasn't GOLD when the Income Store scam was circulating.
 

AusTex

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It helps to check your moral compass when investing too. Like I'm seriously going to try to collect on unpaid hospital debts, during a pandemic? While some people can detach themselves from the check-writing and the actual work, I like to make sure both sides of the equation clear.
 
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Kal-El1998

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I probably wouldn't have bought it, but it's because I've learned most of these cues already lmao
 

MJ DeMarco

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Wow, holy old post, have to say I don't remember writing it, but I remember the title. Now, years later, it sounds eerily familiar to every crypto shitcoin.
 
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Jon822

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MACS...SCAM. Took me longer than it should have so this must be legitimate. DMing my bank info now.
 

Johnny boy

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Why wouldn't it work?

If you are buying their bad debt, it's a collections agency in a way.

If they reason they get a good enough price by selling their debt to you, and through your tactics, are able to collect just 20% more than you paid for the debt, you are doing great.

Your bottleneck of this actually working would be how much debt you are buying from the organizations, how you can collect and making sure you are not taking on too much capital that you would have to pay back with interest.

It could work.
 

MJ DeMarco

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Why wouldn't it work?

If you are buying their bad debt, it's a collections agency in a way.

If they reason they get a good enough price by selling their debt to you, and through your tactics, are able to collect just 20% more than you paid for the debt, you are doing great.

Your bottleneck of this actually working would be how much debt you are buying from the organizations, how you can collect and making sure you are not taking on too much capital that you would have to pay back with interest.

It could work.

There are businesses like this, and they are quite viable, but they don't pay investors 20% per month.
 
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Ing

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Bullish on #MACS !
 

Tyler_Durden

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I think its very scary how easy it was for you to create such a "legit" offer. Even though I had a voice telling me that this is BS I will not lie that I thought that it sounded very legit. It also shows to me how important morals are in any type of proffession and especially in enterpreneurship. Someone who is great at marketing will also be great to create a scam. Someone who is great at coding will also be great to create a virus. In the end it comes down to values and morals.
 
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GymBro

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I feel a bit dumb, but I have to admit that I fell for this. It was mostly because I trust MJ DeMarco. But thanks for telling me how scams work.
 

MJ DeMarco

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It was mostly because I trust MJ DeMarco.

Bias: Appeal to authority.

This is why I am relentlessly impersonated on Facebook and IG ... people are hoping you overlook your gut because "Hey, MJ says it's good!"
 

ZackerySprague

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I can give you a dollar lol
 
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