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Passport to Wealth Business - Real or Scam? - By: Brian McCoy, Posted on: 2007-08-20

When I started my investigation into the Passport to Wealth opportunity and whether or not it was a legitimate business or a scam, I came upon some very interesting viewpoints about the upsides and downsides of the opportunity.

The originator of the passport to wealth opportunity is an Australian by the name of Darren Gaudry. What he did was essentially copy edc gold, another company and direct competitor in the home business industry. Both edc gold and passport to wealth have not only the exact duplicate products offered, but they also share the exact same 2 sale pass up compensation plan. A really great thing about the compensation plan is that it pays a 100% total commission of $997 on each $997 product system sold.

The product package presented contains a multitude of different software and audio books that can be utilized for anything from building websites to creating and uploading audio and video to your site.

If you are brand new to internet marketing you may be confused about what a 2 sale pass up compensation plan is exactly. The Australian 2up simply means you have to begin by passing your first two (qualifier) sales and commissions of $997 each (which equates to nearly $2000) to your sponsor before actually pulling in any type of income. These are considered qualifying sales.

The downside of a 2up compensation plan:

If a new person does happen to make two sales, they then breakaway from the person who brought them into the program and are then qualified to earn a 100% commission from sales then on.

It sounds great, but when you take a closer look, it can mean disaster for that person. You see, what happens many times when they breakaway from their sponsor, they get no more support or training. This is because the sponsor no longer earns any commission on their efforts and so therefore has no incentive to help them continue to make sales and have success with the program. In essence they become direct competition for each other and therefore there is a lack of team synergy between many members.

Coming to conclusion, passport to wealth definitely has some good software products to offer consumers and software is a hot item to market right now. However, some concern comes up with the compensation plan as most newbies will really have a hard time doing well simply because they have to pass up those first two sales. If you are a very experienced internet marketer, this may not be a big issue for you, but as for the newbies, many of them will struggle and quit.

Article Source: http://higradesearch.com

Who is the Author: Brian McCoy is a business coach and industry leading internet marketer who specializes in helping others become successful marketers working online. To get more information about him, click here to get his Wealthy Marketer Newsletter.

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