EDC Gold - Business Review - Real Business or Scam?
EDC Gold, EDC Diamond or Easy Daily Cash is a home based business that you’re doing your research on and I hope this review helps you to make an informative decision if EDC Gold is a scam and the best home based business 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.
EDC has four levels you can decide from starting with the following options:
1. EDC Diamond which price is $2497, $79.95 per month
2. EDC Gold level which cost $997, $49.95 monthly admin fee
3. Easy Daily Cash $297, monthly subscription of $39.95
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.
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.
If you are just starting your work from home business and online marketing your sponsor well begin to help you make your first two sales but upon which you and your home based business now have turn into the sponsor’s competition. You want to consider yourself what reason does your sponsor have to help you any longer. Your sponsor then starts with his or hers new sign ups with their first 2 sales to continue making money.
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.