Looking for the best multi-level marketing (MLM) company is quite an arduous task.
I have been reviewing several of these companies for years but I cannot still find a single company with the best features that are convincing enough to make me avail of the business opportunity that it offer.
Looking at My Daily Choice now with its great presentation, again I ask myself should I join this company?
If you have the same question like I do about My Daily Choice, then this article is for you.
Read on to know more information about this company and I hope my honest review can help you decide for yourself on whether or not you should join My Daily Choice.
Should You Join My Daily Choice - Get All The Facts
More Info About The My Daily Choice Company
My Daily Choice (MDC) is a CBD oil, health and wellness company founded by Josh Zwagil and Jenna Zwagil.
Josh started his career in network marketing after college and founded MDC right after. He is a chess player under the United States Chess Federation and has a strong background in internet marketing.
Another founder is Jenna Zwagil who is also a seasoned network marketer and social media influencer.
The company has created the Zwagil Foundation to give back to the community. MDC was launched in 2014 and is currently headquartered in Nevada, USA.
It is listed in Better Business Bureau (BBB) with B- rating.
On its BBB profile, it is mentioned that HempWorx and High Life Travel are the alternative names of MDC.
Read our full HempWorx review here.
It is rated 4.11/5-star average by about 79 customer reviews also on BBB website. As for the customer complaints, there have been 65 complaints closed in the last 3 years and 16 complaints closed in the last 12 months.
MDC has an ongoing lawsuit against its former affiliates Kristen Butler, William Butler and their company Arieyl LLC for breach of contract and copyright infringement.
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The My Daily Choice Products
My Daily Choice covers several brands under its wing. These are Hempworx, Daily Sprays, Mantra Essential Oils, High Life Travel and Akashx.
This brand covers MYD’s cbd oil products that are said to be produced from American-farmed hemp and have undergone rigorous lab testing at multiple stages and are non-GMOs, with no synthetics.
Some products offered under this brand are CBD tinctures, softgels, topicals and many more.
A Director pack with 4 Hempworx product inclusions costs $249 at retail and $199 for members.
My Daily Sprays
My Daily Sprays are dietary supplements made with various formulas such as intended for weight management, brain health, antioxidants and many more. One spray costs $34.95 at retail and $24.95 for members.
Mantra Essential Oils
These are essential oils from different plant extracts including, eucalyptus, peppermint, tea tree and many more. Retail price is $32.99 and $24.99 members’ price.
High Life Travel
This offers membership for travel discounts. Membership starts at $29 monthly to $799 annually.
This part of the company brings forex educational tools such as online academy, social trading and market research on cryptocurrency trading strategies.
Memberships start at $99 to $299 for one time enrollment and $59 to $149 per month subscription afterwards.
How To Join My Daily Choice
There are 3 ways to join MDC, by selling the products under Hempworx, My Daily Sprays and Mantra Essentials, and by promoting the High Life membership and Akashx products.
For MDC’s tangible products, you can be a preferred customer and purchase MDC’s products at a member’s price and earn free products when you refer customers to buy from your replicated website.
Or, you can be an independent affiliate and earn retail commissions and other bonuses.
Startup cost for the MDC opportunity starts at $39 to $599 depending on your product choices.
The MDC Compensation Plan
There are several ways to earn money from MDC’s compensation. Briefly explained below are some of these.
Retail Customer Commissions
Retail commission is the difference between the retail price and member price. For a single product, this may range from $10 to $50 retail commission.
Jump Start Bonus
This is a bonus that an affiliate can get from the sales in the first calendar month of joining. Bonus starts at 25% up to 85% of business volume depending on your rank.
This is computed from the volume of your lesser leg at a rate of 10% up to 20% depending on your rank.
Leadership Check Matching
This is computed from 5% to 30% on your team’s binary commissions up to 10 levels deep.
MDC also pays from the global bonus pool, as well as rank incentives, car allowance and elite expense accounts for affiliates with higher ranks.
Here are the rank requirements of MDC.
My Daily Choice Income Disclosure Statement
MDC’s income disclosure statement for data coming from January 1st, 2018 to December 1st, 2019 shows the following findings:
1. About 41% of affiliates earn $101.76 annual income average while 24% earn $189.84 annual average.
2. By monthly average, 5k affiliates and up or only 1.8% of affiliates are earning $1,323.36 and up.
Just by looking at these 2 findings, I can already understand that the success rate in MDC is way too low than the prevailing findings for MLM companies so far in terms of the income earnings of their affiliates.
With only 1.8% of affiliates having the potential to earn a decent monthly income by average is too discouraging for a business prospect in my opinion.
I noticed the outliers from the income disclosure statement where it says that builder ranks and up earned a maximum of $11,417.59 and higher monthly. As to how many are these outliers is not really clear. What we can do is compare this maximum monthly earnings by rank to their respective minimum monthly earnings and consider the monthly average.
What is clear is that the income distribution is skewed and looking at the average monthly income, it is clear that most affiliates are earning at the monthly average level and not really to the level of the maximum amount earned monthly.
This is supported further by MDC’s statement below it’s income disclosure statement which states as follows,
“The average annual income for all Affiliates (active and inactive) during the reporting period was 592.62 USD, and the median annual income for all Affiliates in the reporting period was $0 USD. 74.2% of all Affiliates do not continue with MyDailyChoice after their first year.
Out of approximately 84,613 Affiliates that signed up as U.S. Affiliates during the time period, approximately 21,866 were still active at the end of the year.”
The good thing about this is that MDC is being transparent in displaying truthfully the information about its affiliates income.
Here’s the direct link to MDC’s income disclosure statement for your reference.
Let's have a quick look at the Pros and Cons of My Daily Choice.
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Pros Of The My Daily Choice Opportunity
- MDC is legally established and has been in compliance with the legal requirements of the direct selling industry.
- The company growth is outstanding wherein in just a few years, it has expanded its product portfolio to a variety of products under different brands.
- The company has been very compliant in paying commissions through retail sales.
- Startup cost for the business is reasonable.
- MDC has a well-presented compensation plan and income disclosure statement.
Cons Of The My Daily Choice Opportunity
- The company has been receiving various complaints from customers considering the Better Business Bureau source alone.
- To maximize earnings, recruitment is a necessity.
- The figures in the income disclosure statement shows a low success rate and wide gap in income distribution where the outliers or those who were able to earn decent income are possibly less than 2% of the company’s affiliates.
Conclusion - Should You Join My Daily Choice
There you have it, we know that MDC is a legally established company with multi-faceted products and brands to offer.
It has shown impressive growth in just a few years from its launching. The company features adequate information on its corporate website about the products and brands that it offers as well as information about its business opportunity offering.
The startup cost is reasonable and makes it easier for you to start your own business with the company.
However, we also know that there are some things where MDC is lacking.
For one, it recorded several complaints from customers through the Better Business Bureau website. MDC is a multi-level marketing company where in addition to earning from your retail sales the real residual income really comes from the commission you get from your team sales and this means recruiting is a must to maximize your earnings.
Although MDC has been very compliant especially in presenting its detailed income disclosure statement, I didn’t see any remarkable points shown in there. In fact, the success rate of affiliates and the wide gap of income amongst affiliates are discouraging.
With all these things in mind, should you join My Daily Choice? I would like to say that it’s a matter of your business preference on how you like MDC’s products and how well do you think you can perform based on your background, knowledge, capabilities and experience.
But, as to MDC’s business opportunity features, the proof that it has presented so far on how its affiliates are faring, and if you are doubtful about your capabilities to sell and recruit, then MDC will surely do more harm than good for your future business prospects.
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