Great answer, thank you. I agree it's probably just smarter to shut up and play by the rules. That is just something I have always wondered about.
Ya, my thought was to maybe write (or have one of my associate attorneys write) an info product PDF of the "Top 10 Legal Issues IMers better know" or some such. Granted, I'm so busy I'd probably never get around to doing it( and I hate eBook products) but it seems like there is a need out there, and alot of IM people could save themselves a ton of grief and money if they had a handy guide that told them what to watch out for.
What are your thoughts on "e-whoring" basically paying girls to sit on a cam all day and promote dating/cam sites.
Will the model get in trouble if the viewer is under a certain age?
Mont-
Fantastic post and answers, very helpful.
I have 2 for you.
1) Have you read "How to be Invisible" by J.J. Luna and if so what are your thoughts surrounding a lot of his concepts outlined there? Namely 'Shelf' New Mexico LLC's formed/purchased/created through the process he outlines here: CanaryIslandsPress - New Mexico LLCs - along with his basic concept of using cash/gift cards and leaving less traces with things like domains, servers, etc.
- (note- this is in regards to PRIVACY only, not any nonsense of trying to skirt any state's taxes or more reckless fun and games).
2) How concerned do you think most people would or should be as US citizens with a US Corp/LLC marketing OUTSIDE the US (and blocking all US IP's from even visiting the page) via methods that post Dec 1 FTC revisions governing disclaimers/testimonials would be frowned upon? Is there any reason to think that the FTC gives two shits about what goes on in Canada/France/UK/AU/NZ/etc given of course that it's not something along the lines of your heroin/weapons example above.
Thank you
Full of win thread for shiz. Thanks mont for offering this up.
I'd like to ask 2 questions as well if you don't mind.
1) There are several disclaimer/legal form kits floating around the IM world. You have any thoughts on any of these -- or more specifically, do you have any you would recommend?
2) along the lines of the testimonial issue, if you use financial "proofs" on an lp or presell, is that a no no based on the new "guidelines"? For example, "I made $20,000 last month with XYZ biz kit -- see below for real proof!"
As an aside, if you ever decide to do up a course for IM peeps or create your own legal form kit or whatever I got a list of subscribers that would eat that shit up. PM if you ever decide to do that.
Thanks again mont!
Full of win thread for shiz. Thanks mont for offering this up.
I'd like to ask 2 questions as well if you don't mind.
1) There are several disclaimer/legal form kits floating around the IM world. You have any thoughts on any of these -- or more specifically, do you have any you would recommend?
2) along the lines of the testimonial issue, if you use financial "proofs" on an lp or presell, is that a no no based on the new "guidelines"? For example, "I made $20,000 last month with XYZ biz kit -- see below for real proof!"
As an aside, if you ever decide to do up a course for IM peeps or create your own legal form kit or whatever I got a list of subscribers that would eat that shit up. PM if you ever decide to do that.
Thanks again mont!
interesting. I still havent heard of anyone actually getting fined for the updated ftc guidelines.1) One size fits all models are difficult to make work, so I generally don't recomment the DIY kits unless the situation is very basic. Its usually worth it to spend a few hundred bucks on a decent attorney to at least review it or get it done right. That being said, I've heard good things about LegalZoom for some simple form stuff, might be worth looking at.
2) Yes, latest FTC regs say when you provide an estimation of likely "profits" (called an "earnings claim") and its over a certain amount ($500 I think, have to look it up) you have to also include what # and % of recent clients actually achieved this. In the real world, I think this is hard for them to enforce, but that is another matter.
Mont - This is definitely something you should do. You've found a niche, and it's such a good niche that you can share it with us and we are just in awe. No way could any of us be competitive in your niche
Since you helped us, here's an idea to help you:
If you were to write a book, I'd like to see this:
"I live in state XX, who is a good lawyer who knows this stuff like yourself that can help me?"
Not only will this get you less follow-up questions, but you could even get the lawyers to work on referrals for you too (not sure if they do that in your industry)... and then you're making money on BOTH ends (i buy the book, get referred to your CA lawyer and you get a referral from them too!)
Knowing these lawyers in every major city might be tough, but maybe you know how to find them. But it's something that'd be great in the guide.
But now you gotta realize that if you're gonna start this project, you're going to get a fuckton of e-mails. At what point does an e-book purchase become unprofitable? Or will you just refuse to give support?
What you could do is provide support on some sort of fee basis, and then start hiring a ton of paralegals around the country to do the work for you in each state. Not sure if that's legal as you aren't bar'd there.
Also looks like there'd be way more than 10 questions. International and intra-state questions can make up 30 questions alone.
OR, better yet, "How do I find out if this Lawyer XYZ is really good at Internet Marketing? What questions do I ask to 'test' them?" <-- maybe you can answer this one right here.