The phobia in online business

MMM Nigeria is still alive and exploring a second opportunity in Nigeria, But would people trust them whole heartedly and put in all their monies like they did before?  Would people whose accounts were frozen get their money back? 'Once beaten twice shy', they say! Many people invested millions of naira into MMM because of the confidence and trust they had in the financial scheme. It was a cool means of earning residual or passive income. But MMM Nigeria crashed after all the noise that nothing can ever happen to it.

This brings us to the issue of security of investments online. A lot of people are scared of investing online because most times, online businesses involve dealing with people you barely know and have their contacts. Therefore, the risk involved is quite high because if anything happens, there is nobody to hold responsible.  Yes, the worst risk in life is you not taking a risk. Taking risk can sometimes materialize into immense fortunes and on the other hand it can also boomerang resulting in acute financial disaster. Many have built their business empire around online investments while some are still licking their wounds for badly investing online which made them bankrupt.

Never you be afraid to venture into online investments but know when to draw the line and don’t be greedy about it.

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