Released on: July 21, 2008, 10:53 pm

Press Release Author: coolmoneyonline.com

Industry: Internet & Online

Press Release Summary: Lay-offs and cutbacks create new wave of Internetpreneurialism among dispirited US workers, but many are falling prey to the TGTBT phenomenon.

Press Release Body: America\'s unemployment rate is rising and because of this, many among the troubled workforce are taking to the Internet in an attempt to cash in on quick money. The general public sees many examples of instant wealth from reality television celebrities to twenty-somethings creating overnight Internet sensations that rake in millions or billions of dollars for its creators. There are also popular books like Timothy Ferriss\' The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich that profess the virtues of a shorter work week and claim to help people \"work to live\" and not \"live to work\".

And from affiliate programs to niche market websites, the Internet is now overflowing with programs that promise income streams of $90,000 a month to wealth streams from a few hours of work. But sometimes, these get-rich-quick online opportunities can suck valuable time and money from the naïve and uninformed. And many times, these would-be e-commerce-moguls-in-the-making learn too late that some of the programs are exactly what they seem to be: too good to be true (TGTBT). It is very difficult for the laid-off factory worker or struggling student or stay-at-home mom to decide which one program will truly work for them. A new website, coolmoneyonline.com is seeking to help others in the community and visitors to the site to make an informed decision about where and how they should invest their money.


CoolMoneyOnline.com was founded in 2008 to provide consumers and e-commerce entrepreneurs with a wide choice of online business opportunities. The site offers the community and visitors a chance to rate online business programs in order to inform and educate each other. With this social component, CoolMoneyOnline.com will help to weed out potential scams. Visitors help visitors decide.

# # #

If you\'d like more information about this topic, or to view available online business programs, please visit http://www.coolmoneyonline.com.

Web Site: http://www.coolmoneyonline.com

Contact Details: coolmoneyonline@gmail.com