Do you do background check on companies /people

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I hope this is the correct forum.
Hi I have been away for a good number of years. ( I had to make a living with my off line company)
The reason I post this thread basically is that when I do business I normally check the credentials of who I may be doing business with?
Mostly we have been recommended to clients through existing customers and so in this instance I take a risk.

So with regard to the online model the same applies yes?

Recently I came across someone who is very well known in the UK, ( mention no names) and is promoting this person with respect to that persons products.
I watched a 2 hour video and throughout the claims were of multi million books sold a history of good dealings with various personalities from the TV world, etc!

I took the trouble to search the current ltd company to find the yearly accounts did not reflect the business claimed over the 6 years mentioned?
It is really quite weird there is no other company he has been associated with I have checked ( unless it was private of course)
The business model looked really good too, with people giving referrals about him in videos.
am I too cautious here or what do you think ? is there an explanation why such low returns?
#background #check #companies #or people
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  • Profile picture of the author Kay King
    is promoting this person with respect to that persons products.
    I watched a 2 hour video and throughout the claims were of multi million books sold a history of good dealings with various personalities from the TV world, etc!
    He is 'promoting this person' for a commission most likely - and a 2 hour video was a ...SALES video? (I could never sit through a 2 hr video).

    You take the time to look into claims - many people don't do that...they just click the 'buy' button. The claims may not add up because sales copy often fudges the truth, expands the story of expertise - it's meant to SELL, not to inform.

    I'm another one who investigates before jumping in. My advice is trust your research and move on unless you have a pressing reason to sign up.
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    • Profile picture of the author highhopes
      Originally Posted by Kay King View Post

      He is 'promoting this person' for a commission most likely - and a 2 hour video was a ...SALES video? (I could never sit through a 2 hr video).

      I know Kay king never thought I would either, but so compelling was the presentation!

      You take the time to look into claims - many people don't do that...they just click the 'buy' button. The claims may not add up because sales copy often fudges the truth, expands the story of expertise - it's meant to SELL, not to inform.
      Yes I do now if something does not feel right in spite of the supposed good prospects!

      I'm another one who investigates before jumping in. My advice is trust your research and move on unless you have a pressing reason to sign up.
      The odd thing about this is the person who directed the email to me is well respected and I know has done the business. I have checked that persons website on Alexa and has very good results, whereas this supposed Guru`s website registers too low indicating nothing much. I really don`t get it?
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  • Profile picture of the author IGotMine
    I usually do checks on websites and related content.

    Example: Researching a possible affiliate product and finding numerous defects. It looks good from the outside but once you get in, it's a disaster. What would people think if I promoted that to them?
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  • Profile picture of the author IGotMine
    I have checked that persons website on Alexa and has very good results,
    This means nothing. I can send traffic from people with the Alexa toolbar installed in numbers as high as you are willing to pay for. Hint: It's really cheap. Don't put any stock in things that are so easily manipulated.
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  • Profile picture of the author DWolfe
    Originally Posted by highhopes View Post


    I took the trouble to search the current ltd company to find the yearly accounts did not reflect the business claimed over the 6 years mentioned?
    It is really quite weird there is no other company he has been associated with I have checked ( unless it was private of course)
    The business model looked really good too, with people giving referrals about him in videos.
    am I too cautious here or what do you think ? is there an explanation why such low returns?
    So the numbers don't match for the Guru, then you searched more and his Alexa rank is low also. What does your gut feeling tell you ? If it is telling you don't do it ! You will only live to regret it another day.
    No your not being too cautious !
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  • If it smells fishy, don't clean the scent. Buy something fresh.

    If you suspect a scam or something weird, then go with your gut and go somewhere else.
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  • Profile picture of the author palmtreelife
    It's a lot more difficult I find to conduct due diligence online. Just because nothing can be found, doesn't mean it's shady. Conversely, just because there is a lot of seemingly good proof it's legit, doesn't mean it is.

    Like others have said, trusting your gut is important, and sticking to your investing principles will help guide your decisions.

    Can you not raise your concerns to those involved in the business or promotion? Of course they will try to sell you, but you can smell bs even behind a computer screen.
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  • Profile picture of the author highhopes
    Yes indeed Palmtree, you cannot be 100% sure if the people in question are dubious and or just exaggerating stuff???? But it really took to to a different place exploring his ltd company, etc.
    Surely I thought turning over $2-3 million would show in the company annual returns? Not so.
    Just very paltry turnover and profits!
    He could of course used another account non ltd , private to pay in the profits? But why would that happen?

    Oh, he has sent an email to me this morning I notice I have not signed up to the program!
    This offer was supposed to close Friday last week because there were people knocking at his door and he could only except three students???
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    • Profile picture of the author palmtreelife
      If you're having that much trouble finding credentials to back up the value of their program, I wouldn't move forward if it were me. It could be legit, but if I was the one finding (or not finding) this information, I wouldn't do it.

      There are SO many very successful people selling valuable programs online. I'm sure you can find a similar program from someone else who can back themselves up and give your gut a much better feeling.

      If he can only take 3 students and he's reaching out to you after the deadline, he obviously didn't get 3 students into his program. That email should have been received before the deadline, creating a sense of urgency to sign up, not after the deadline.

      Tell me more so I know who to avoid online (kidding)
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  • Profile picture of the author highhopes
    Originally Posted by palmtreelife View Post

    If you're having that much trouble finding credentials to back up the value of their program, I wouldn't move forward if it were me. It could be legit, but if I was the one finding (or not finding) this information, I wouldn't do it.

    There are SO many very successful people selling valuable programs online. I'm sure you can find a similar program from someone else who can back themselves up and give your gut a much better feeling.

    If he can only take 3 students and he's reaching out to you after the deadline, he obviously didn't get 3 students into his program. That email should have been received before the deadline, creating a sense of urgency to sign up, not after the deadline.

    Tell me more so I know who to avoid online (kidding)
    Yes Palm, I never heard of this particular man before, he was introduced by someone who is well known in
    Warrior and I know has a good reputation .Back in the day ( 5-6 years ago) I attended one of the many Business schools back in the UK. That is what is confusing, his / her credentials are spot on! Whereas this other one has no history with the company names he has disclosed for all to see. you also would go to linked in to find his business history and apart from him working for other companies has no real impact on the I.M. platform??? Very strange.

    Yes being very discrete with names here because their may be an explanation to it all!
    Safest way is places like this because you see a product / service and can read testimonies from Warriors all over the world about that product / service, that can`t be collusion can it?
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