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The Internet has created a new economy, and with it, a whole breed of Internet entrepreneurs. Just like in real life though, we need to be careful according to the author of "Internet Sees One Born Every Minute."

U.S. consumers alone spent $33 billion online last year, she noted. To get in on the action, all we need to know is how to use a keyboard and a mouse. We shouldn’t worry about whether we had a product to sell, because we can sell anything.

Apparently, the company, Stores Online, has been fined in at least two states — Texas, $400,000, and Connecticut, $135,000 — for deceptive and misleading practices (at least based on this article from the Worcester Telegram and Gazette.

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Comment by Jay Fraser on September 15, 2008 at 9:49am
I believe that it was PT Barnum who first coined the phrase, "There's a sucker born every minute." If you combine that with William Shakespeare's "All the world's a stage," and add one of my favorite quotes (unattributed), ""A computer provides you with the ability to make more mistakes faster than any invention known to man...with the possible exception of handguns and tequila," the picture isn't very pretty.
Comment by Chris Miller on September 15, 2008 at 9:33am
The sad thing how these people think they are "entrepreneurs" in a legitimate business and they clog up forums with their affiliate and click pitches; I fail to see how they add value or interest to anything of substance; it's like getting stuck in an elevator with an Amway "salesman".

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