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December 17, 2003
Let's see some Passport Numbers
By QBlog in
I posted an open question to Passport Associates on the quixtarBLOG Forum last month and I just posted the response. I admit, my interest in Passport is not all that great so I haven't really taken much time to investigate the business like I have with Quixtar. Maybe my questions are stupid? Maybe they're naive? Maybe I shouldn't have ever asked them? I don't know. I do know that I've been disappointed with the responses. I expected more from Passport and just got less.
Comments
1. Passport is a privately held company meaning it can pick and choose what information they release.
I don't think that Passport is concerned with what the critics would say about any of these numbers. But bear with me for a second. If you are in a poker match with a number of other companies in the industry, why would you show them your hand?
2. Passport makes no income claims. There is no 2-5 year buy from yourself to $250,000 plan. Passport says that if you sell X you make X. It is a drastically different compensation and business plan.
I have not registered at the forum, but will do so. How can Passport know the 1% drop-out rate, without knowing the figure for active and inactive distributors?
Also, it is my understanding that if a company makes an income claim, although I do not know if Passport quotes "big Bonus" amounts, that an average monthly or yearly income MUST be published.
Someone correct me, if I'm wrong.
Posted by: David Robison | December 18, 2003 12:38 AM