EDC Gold - Business Review - Real Business or Scam?
View PDF | Print View
by: GordonGarza
Total views: 1
Word Count: 422
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 (EDC) started in February 2006 by owner's Michael Corcoran and Craig Garcia. EDC Gold started a short time later in November 2006.
You have four levels that you can start your EDC Business:
1. EDC Diamond which cost $2497, $79.95 monthly admin fee
2. EDC Gold level which price is $997, $49.95 per month
3. Easy Daily Cash which cost $297.00, $39.95 monthly admin fee
4. Your New Fortune which cost $69.95, $0.00 monthly admin fee
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.
Which I explained before but just needs repeated, a modified 2-up pay plan does not promote a team atmosphere. When you sponsor a person you train them to make their first 2 sales, you really want to mentor that person and continue to benefit from your training hard work. They now break away from you and you don't make any more sales from them. At this point the sponsor has no motivation to mentor their members.
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 expert Internet Marketer and Mentor. Working with serious entrepreneurs around the globe. Visit his website about an exciting Home Based Business. Gordon can help you to find EDC Gold.
HTML For Publishers
Please note: This article is free to reprint but all links must remain active.
Rating: Not yet rated
