This is a text from Wendy Alane Wright on the Talent Manager for Actors group, Facebook:
"Be very careful in this business. There are people all around it that will promise you things they will never deliver. And when your brand new and you desperately want to get in, you may agree to things because you want an opportunity so badly and you don’t know which opportunities are real and which ones are not. 
TIPS:
1. Don’t sign anything just because somebody asks you to. You have the right to take it and have it looked over by an attorney, a mentor, agent or manager.
2. Don’t believe that there’s a timeline on being successful in this business. If someone says “you have to do it now or you’re not going to become an actor” it’s bullshit.
3. When new singers want to get in the business, they get so excited and they blow so much money on bad production deals, paying thousands and thousands of dollars to “producers.” They offer to produce four songs for them and ask them to sign a contract that literally owns the publishing, so the artist isn’t gonna make a cent - and they never tell you that.
4. There are people out there that call themselves “filmmakers” that want to put you in “their film” and they have no intention of completing a film. They just want to spend time with you, sleep with you, string you along. Always check the IMDbPro page always look for references. 
Some of these people have “projects” that go on for years and years and years, and never get made, never get finished. You won’t know this if your new - this comes from 30 years of experience and the ability to look backwards and see things you have not seen yet.
5. Do not trust any person that says they can make you a star. Or say that they can make you successful overnight. Hollywood success does NOT happen overnight.
Never has, never will, never does.
EVER.
When you’re on the outside trying to get in you want to believe anything and everything. We understand that and THEY DO TOO. Hollywood is full of bullshit artists, pretending to be legit agents, managers, producers writers. Always, always do your research on IMDbPro and get references. 
The TMFA is here to protect you. We can smell bullshit a mile away.
Bring any questions you have about anybody, or anything to this group we will guide you and tell you whether it’s real or not.
We have your back and you are not alone. "
If you wish to join the "Talent Manager for Actors" group on Facebook, this is the link:
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Thank you for sharing