What you need to know about Public Internet Access Terminal business opportunities
A number of business opportunity sellers offer PIAT products as a highly profitable opportunity. They encourage everybody who needs to make extra money to jump into the opportunity.
Not all (or most) of such opportunities may not be that profitable in reality. Many PIAT problems can be uncovered by closer look at the opportunity, research and by actually going into the business. The report provides a potential public internet access operator with valuable information uncovering real PIAT facts and helping avoid many errors. The reader will be able to estimate the actual costs of going into business, risk of doing that, and knowledge he may need and. PIAT sellers often omit a significant portion of the costs and risk. Many of them also have unethical selling tactic – such as lying about potential revenue, high-pressure selling, and not uncovering future problems the potential operator may face. Such PIAT sellers mostly target audience without experience in this business or any other business. These people are more vulnerable to unrealistic promises.
The report is to help potential PIAT operators to decide for themselves if this business is right for them. In the end of this document two public internet access terminal case studies are included. The report is written from a neutral point of view. The author does not benefit from whether the reader goes into the business or he does not. No particular manufacturer or business opportunity seller is promoted.
Have you recently heard these statements?
- People need internet access wherever they go
- People do not mind to pay for public internet access
- There are many potentially profitable locations – airports, malls, truck stops, night clubs, hair salons…
- You can make a lot of money operating public access terminals
- People made a lot of money out of ATMs and pay phones, now is the time to make money out of Public Internet Access Terminals (PIAT)
- How many terminals do you want to own and how much money would you like to make? This opportunity is great!
- You are just in the right place and in the right time! You are lucky to be among the first who take this incredible opportunity. Other people are already making $1000-$3000 a month. You must be not a smart business person if you do not take advantage of this right now!
- You must act now in order to secure the best locations in your area. Or other people will take this business.
These quotes from trusted sources are commonly used to support the idea that Public Internet Access Terminal Business is an opportunity you should not miss:
“250,000 to 300,000 terminals will be in service throughout the U.S. by 2005.”
- Frost & Sullivan
“By the end of 2005, 71% of all users will access the Internet via an appliance such as a terminal.” - eTForecasts
“High Speed Public Access Internet Terminals may soon become as common in airports and shopping malls as pay telephones and vending machines” USA Today
“Public Internet Access Terminals will replace not only pay phones but also banking machines, because they will offer capabilities as well as all the other highway applications, from sending and receiving messages to scanning maps and buying tickets. Access to terminals will be essential, and available everywhere” -Bill Gates
Are you inclined to take advantage of the opportunity while it exists? Do you think you are in the right place and in the right time? Do you want to act fast and install Internet terminals at the best locations in your area? Do you want to order a terminal as soon as possible, so you do not loose the opportunity, and if you delay you may not have the opportunity anymore? Then you must read on.
Recently there have been an increasing number of ventures advertising Public Internet Access Terminal (PIAT) Business Opportunity. Their ideas are well backed up by common sense and by excerpts from well-known and trusted sources. One can see their advertisement on TV and the Internet. It looks like there is a great opportunity in the Public Internet Access Terminal (PIAT) business. The business opportunities sellers make it sound as a very simple to implement business plan: buy a terminal (for, lets say, $10,000), find an appropriate location, install a DSL line, make $800-$2000 a month and return your money in one year or less. Of course you must be crazy not to buy one-two or more terminals for yourself while somebody else from your area have not done it yet.
We conducted a study of this business by actually going into this. We dealt with two completely different business opportunity sellers, two different manufacturers, and two different terminal locators. One terminal was installed in a hotel with 140 rooms, and the other at a convenience store in a busy shopping mall. While the terminals do make some money, in reality it turned out to be a different picture from what the business opportunity sellers tell you during sale.
While the Public Internet Access Terminal business opportunity exists, and there are a number of successful PIAT businesses, a potential operator must take extra steps in order to investigate the real potential of the opportunity, possible expenses and the problems he may face when implementing his business plan. The price paid for the opportunity is also one of the key factors.
PIAT business opportunity sellers usually provide you with the best case scenario. They would not tell you about the real probability of your success and what problems you may face. A large portion of costs going into business may also be omitted. They also usually sell overpriced products. This report will help one estimate other scenarios including the worst case.
Unfortunately one may not predict the outcome unless he or she actually goes into the PIAT business, or already has an experience in this business. While the PIAT business is usually presented by its sellers as a proven business, the risk of not making money is high, just as in many other businesses, and only a prepared person should get into it.
Facts on Public Internet Access Terminal (PIAT) business opportunity.