Is Global Domains International Trying To Scam You?

At GDI – Global Domains International – you can register domain names, purchase web-hosting packages and obtain the business opportunity of a lifetime. You can give them a seven day test run, and if you decide that you like what you see, you only have to pay ten dollars a month to keep it running. Sounds like a good plan, right? There have been claims, however, that GDI is part of a heinous plot to siphon money from the unsuspecting. Is this true? Read on to find out!

First of all, if you plan to start any sort of business with a company, it’s best to find out what the company’s history is like. This is especially important when you’re trying to start a business online. Searching blogs and forums for testimonies that others have written about the company will prove useful – if the company that you’re thinking of working with is a scam, chances are that someone else has already been fooled by them. You can learn from their mistakes, and avoid making the same ones.

People are natural born talkers, but this does not mean that everything you read from individuals online is true. Remember to look at the big picture and take both good and bad reviews with a grain of salt. Simply put, use your own intuition when it comes to the final decision.

While you are conducting your background check, be sure to check out the Better Business Bureau (BBB) online at www.bbb.org. The BBB shows the complaints that have been filed about any company you wish to search. A quick search reveals that there are multiple complaints against GDI and that it is not BBB accredited. This is not overly alarming, however, it does mean that the company needs to be further investigated.

On the Better Business Bureau Online, it has a C rating. Though this might not be considered the best rating (as A, as usual is best; B is decent, etcetera) it is not terrible, either.

So how does one determine if GDI is a scam?

At first glance, those who do not know much about GDI, or those who have had bad experiences with like companies in the past, may be quick to call GDI an outright scam. This quick sentencing may be based on a misunderstanding of multilevel marketing, how the industry operates, and how people can make a profit as distributors. One way to tell if GDI is a scam is to find out that they are operating a true pyramid scheme. What is a true pyramid scheme?

The U.S. Securities and Exchange Commission website defines a pyramid scheme as a business where: “participants attempt to make money solely by recruiting new participants into the program. The hallmark of these schemes is the promise of sky-high returns in a short period of time for doing nothing other than handing over your money and getting others to do the same.” This business model is not only unsustainable, it is also illegal in many countries.

Since GDI does offer products and services, albeit intangible ones, I would not classify Global Domains International as a certifiable scam. On another note, the business owner (you) does not earn anything unless they recruit other people to join GDI and use the company’s products and services as well. So I would evaluate GDI as a potential scam business. It does not operate illegally, but it does come close to qualifying as a scam.

If you read about what you need to do in order to make a substantial income with GDI, you need to recruit immediately and often, and you need thousands of followers. Of course, there are some people who make a decent income using this company, but this income is not the most common of possible results.

Like with moth network businesses, only some entrepreneurs do monetarily well in the field. However, most will earn little no money in the field.

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