EDC Gold - Scam Or Real Business Opportunity EDC Diamond - Review
Published July 4th, 2008A review of a home based business opportunity called EDC Gold jointly known as Easy Daily Cash or EDC Diamond. This can assist you confirm if EDC Diamond is a real business opportunity or scam.
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 price is $297.00, $39.95 per month
4. Your New Fortune which cost $69.95, $0.00 monthly admin fee
If you join EDC you can sell products like software and audio books to create income online.
EDC compensation plan which is know as a modified 2-Up pay plan. I’ll explain what that is for you, this means that you have to pass up your first 2 sales to your sponsor. Are you just starting out with online marketing? This type of compensation plan is going to be difficult for you.
A person just starting EDC depends on their sponsor to mentor them with their first 2 sales. Now after you make your first 2 sales you have now broken away from you sponsor and are their direct competition. The question here is what reason your sponsor has at this point to continue to train you with this business opportunity. Your sponsor is now begin to train his new sign-ups with their first two sales to make his income.
In conclusion EDC Gold - EDC Diamond isn’t a scam, but there are some issues with this home based business. The issue that stands out first is EDC Gold 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.
The next thing that is an issue when you are just starting out as an internet marketer with your home based business. You need to find the right mentor to help you become a successful online marketer working from home. EDC Gold 2 Up plan you break away from you sponsor and become their competition and more than likely they may not train you any longer to become successful online marketer.
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