Ebiz — Tottaly waist of time and money

Hello friends,

Before saying anyting i want to tell u that i purched the socalled educational package of ebiz in the year of 2004. But after involving in this i became to know how i was get cheated. I am writing this blog so late but i will tell you the facts of ebiz. I waisted pericious two years of my life.

Here i am pasting the mission and vision of company which i had copied from "http://www.ebizelindia.com/aboutus.Php"

Mission of the company

The mandate for the company is to make many of the deserving and deprived people of the world computer literate within 10-15 years by using our e-educational packages and to provide a means of good quality of life for thousands of willing associates through our computer literacy program of learning and earning at the same time.
To educate people of all ages, in the use of computers, help them to reap benefits from the vast powerhouse of information – the internet.

To enable them to earn through the internet by learning through our e-educational packages and helping others to do the same.

Vision of the company
To become the best network marketing company of the world by touching millions of people around the globe, by providing essential computer education, quality products and services at very reasonable and affordable costs, to help them achieve financial freedom.

Facts regarding education:
1.> if company is talking about the computer education than it is totally fake, because who joins the company for educatin purpose can't achive there goal to be a computer professional.
2.> in the name of education they provide a cd only and if you want to learn from cd you can but a educational cd much better than that from market only in 100rs.
3.> for learning fron this cd you require a home pc too, if one may having already a pc at home doesn't need any cd of this type to learn computer.
4.> for education online you have to pay for internet cafe chearges, and for operating you should be able to know internet means you would be already computer letrate.
5.> in there education package they provide some higher level courses. But no one can learn it through internet you have to have your own pc.

Thus if you want to be computer litrate, than no need to waist your time and money for ebiz.

Facts regarding earning:
Compaany business plan
First orbit compensation plan

Steps no of sales cumulative sales commissions (Rupees) commissions (Us $)
Step 1 1st 3 sales 3 rs.2, 000/- us $40
2nd 3 sales 6 rs.2, 000/- us $40
3rd 3 sales 9 rs.2, 000/- us $40
Step 2 next 9 sales 18 rs.3, 000/- us $60
Step 3 next 9 sales 27 rs.3, 000/- us $60
Step 4 next 9 sales 36 rs.3, 000/- us $60
Step 5 next 9 sales 45 rs.3, 000/- us $60
Step 6 next 5 sales 50 rs.8, 000/- us $160
One orbit = 50 sales, total payout = rs.26, 000/-
Total payout = us $520 (Approx.)
Note: applies only if first orbit completed within a year.

For earning 26, 000/- you have to involve 50 person in the 2:1 ratio.

1:> for 50 person amount paid to company 7446*50 = 3, 72, 300/- that is 14.31 times more than you got.
2:> lets asume all 50 pesons are in good maintained ratio; 35 persons will be new with only loss of money. From 15 person 10 persons may be earn 2000rs and only 5 will be able to get their invested money.
3:> for this figure is still attractive because to make 50 member down to you either you have to involve your own family members without travel cost but at the rate of 3lacs72thousand and lost of faith on you as they may never get their money back.
4:> if you have to search unknown people than you have to spend a lot of time and money for that.
5:> for good earning you have to have a good network, but you will lost faith of yous near and dear if they will no earn as you.

If you really want to earn than there is no shortcut than education but investing for that type of education plan is not a worth. Just wakeup and concentrate on your study. Buy ebiz you can earn but on the risk of lost faith of you near and dear and thier valuable money.I have waisted my two presious year and loats of money.

For more talk on that topic you can mail me at cshekhar.[protected]@gmail.com