EDC Gold - Business Review - Real Business or Scam?
submitted: Jul 5th 2008 |
by: GordonGarza |
Total views: 81 |
Word Count: 413 |
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EDC Gold or Easy Daily Cash or EDC Diamond may be a business opportunity that you are looking to join. This review is going to help you decide if EDCGold is a scam or real business opportunity for you.
Easy Daily Cash or EDC owner's Craig Garcia and Michael Corcoran started in February 2006. Then in November 2006 EDC Gold was started.
You have four levels that you can start your EDC Business:
1. EDC Diamond which price is $2497, $79.95 per month
2. EDC Gold level which price is $997, $49.95 per month
3. Easy Daily Cash which price is $297.00, $39.95 per month
4. Your New Fortune $69.95, monthly subscription of $0.00
EDC members have access to software and audio books that they can retail in bundles online to produce income.
The compensation plan for EDC is called a modified 2-Up pay plan. Important that you understand what this means, which is you have to pass up two sales to your sponsor. If you are new to internet marketing this type of plan can be very difficult for you.
If you are just starting your online business and internet marketing your sponsor is going to help you make your first 2 sales but after that you and your business now have become the sponsor's competition. You need to ask yourself what reason does your sponsor have to train you any longer. They are going to continue to help the new signups with their first 2 sales to continue getting paid.
My assessment of EDC Gold - EDC Diamond is that they are not a scam, but there are some issues with this home based business opportunity. The issue that stands out foremost is EDC compensation plan.
Sorry to repeat myself here but need to make sure I explained this well to you. The modified 2-up pay plan does not go hand and hand with a team building business model. You find yourself sponsoring 2 people just to train them to become your competition. It makes more sense to me that the business model continues to pay you as you mentor your down line and they make sales.
If you are just starting out as an internet marketer trying to build your new online business it's important to have a mentor to help you. The mentor that you choose is critical to your future success with your home based business choice. EDC Gold 2 Up plan again where you become your sponsor's competition and you find yourself without a mentor to help you grow your home based business.
About the Author
Gordon Garza is a well known Internet Marketer and Mentor. Working with like minded entrepreneurs around the globe. Visit his website about an exciting Home Based Business. Gordon can help you to find EDC Gold.
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