I should probably admit up front that the following will be distinctly colored by my personal opinions and experiences... and those may not reflect how the overall industry actually WORKS.
Still, having spent a good 30 years in/around the "business opportunity" and investing field, I have thoroughly gotten off the "Bullshit Bus" because I simply grew tired (and wary) of the sheer volume of deception that seemed to be attached to virtually all projects I came across.
Which led me to aforesaid personal opinion that "if your project can't attract attention and won't sell unless you promise things that won't happen in anyone's even WILDEST dreams, then perhaps your offering shouldn't EXIST, in the first place!"
Yeah, I know... "free markets, commerce, blah, blah, blah..."
Of course, so called "snake oil salesmen" have been around forever, since itenerant "magic men" of the middle ages and even before.
I think the reason I am so bothered by these particular sales pitches is that they rely on deception rather than on offering something tangible, valuable and viable that creates actual incremental value to people, to society and the marketplace.
Am I idealistic, on many ways? Absolutely!
I often talk about such dualities as "building vs. tearing down" and "signal vs. noise" and my dislike of deceptive "products" is that they tend to fall on the side of certainly offering no substantial value while primarily adding to the noise end of the spectrum while verging on being destructive by merit of making it a few more notches of difficult for the truly worthy projects to exist and make it.
You end up with a sort of "guilt by association" scenario. Just consider the cryptosphere... it doesn't take very many Sam Bankman-Frieds to get the entire industry painted as a cesspool of crooks, scammers and rip-off artists.
But back to the main event.
Deception seems to be almost everywhere, when it comes to selling something... rife with impossible promises and golden words. Maybe we just wouldn't have a lot to choose from if descriptions of what was on offer were actually predominantly honest.
Oh well... buyer beware!
Thanks for stopping by and have a great Friday!
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Created at 2023-10-27 01:05 PDT
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