ED Magedson – Founder
ECM Acquisitions1444 Biscayne Blvd #210, Miami, FL 33132 Miami, Florida USA
ECM Acquisitions Eric MartinNona BlackSahsa WangBart YatesAntoine Bell The company is a pure scam and has predatory employment practices Miami Florida
ECM aquisitions, owned by Eric Martin, as well as other business' owned by individuals named Bart Yates, Antoine Bell, Sasha Wang and Nona Black are pure pyramid scheme scams that prey on young people, in need of work to come in and work absurdly long hours and for low wages under the guise that one will be able to open up their own marketing office within a year of employment and become a manager. A lot of the people they bring in are foreingers that need visa work sponsorship and then basically lock them in to their business if they want to retain their visa and legal status in the country. They started their network in New York City and have expanded their web of deciet and lies to Miami, Florida.
There is almost no way to management. There are people that work there for years and dont make it. Nothing but empty promises. Essentially the way you make it to "management" is to compile a team of door to door sales people that you "interview" to hit certain sales targets. The services and products they sell include AT&T Uverse, Child sponsorship through Children International, Sprint phones, direct energy and office supplies. At first all you have to do is "interview" or basically convince 4 other people to start working for the company and once you and, at minimum, 4 others that you brought in hit $2,000.00 in sales in a week, collectively, you get promoted to a position called senior corporate trainer. It means nothing because you still do exactly what you did before, and still work for the same exact commission rate. Its an empty title to make you feel like you are moving up. Then, the next step on the way to management is a position called Assistant Manager. The way you get to that, once you are a senior corporate trainer, is to grow your team to a minimum of 8 others, including 1 second generation member. A second generation member is a person that is brought into the business under someone else (first generation) that you brought in to the company. So once you have the required 8 "first generation" and 1 "second generation" members on your team then you have to, collectively, generate $4,000.00 in sales for two consecutive weeks. Once that happens, you are an Assistant Manager. Now, your commission rate increases to what is called owners stroke. Owners stroke is what they call the cut that the "owner" of the office makes off of every sale that is made by other sales people in the business. So, as an assistant manager, you make the total cut from the sales you make, So at this point it would seem that you are making more money....WRONG. To open up your own office you must save $10-15k for start up costs, entirely through the sales you make. So what you are supposed to do is take that extra commission you are making and put it into a corporate account and once it reaches $10-15k you can go open up your own office.
This rarely happens because you have to basically convince people to work under you and make little to no money, work absurdly long hours, including paying for your own gas to make it to your sales territories which are often far away under the guise that all this hard work for peanuts will be worth it in the end. So you can get close to hitting your marks for promotion and then one of the people on your team decides they are tired of working for close to nothing and leave and then you must replace them, and this happens OFTEN. People come and go in this business because they usually find out that most of what was told to them during the interview process was a flat out lie. Or they realize that the amount of money they tell you other sales people are making is completely BS. The vast majority of people working at these business' make between $350-$500 a week and work more than 60 hours. If you happen to have a bad week because you either got sick and had to miss a few days or simply get assigned an area that doesnt produce much in sales you can make absolutely no money for an entire week yet you worked over 60 hours and paid for all your gas and metered parking at the office. One of the initial warning signs should be that once you are working there and you realize that almost nobody makes more that $400 a week yet you were told that you could be making $700+ is a serious red flag. But Ill elaborate on that later.
The stars have to align for you to make it to management. Most dont and essentially waste weeks, months and sometimes even years working long hours for little money until they ultimately realize that its BS and leave. Sometimes its hard to leave because you end up spending 10-12 hours a day with people that you develop relationships with. You basically are so busy and working so much that you lose touch with your friends outside of work and form strong bonds with your co-workers which ultimately makes it difficult to leave because you know that you will probably no longer spend time or see these other people once you leave.
At every single level this business model is bad and preys on young people to come in and work long hours for little pay for a light at the end of the tunnel that rarely comes to light. But the work environment is psychologically designed in a way that you form strong relationships that makes it difficult to walk away from. It is very predatory. The sad part is that most people working for black ops, or other companies of the same ilk that include ECM in Miami that is run by a slimy individual named Eric Martin, are good people.
Some people do make it to management. Some of which are either lucky and have the stars align or are down right stone cold individuals that share more characteristics of a reptilian than that of a human such as Bart Yates, Sasha Wang, Eric Martin and Antoine Bell. Most people know something is off when they start working at companies such as this but they are either so desperate for work or believe the fake "big picture" that they ignore those warning signs.
Long story short DO NOT work for one of these companies.
They will bring you in for a preliminary interview, which seems legitimate and then say they will call you back if they want you for a second round interview. If the person they interview is not a lunatic or someone that has less than a 5th grade education they will call you back and bring you in for a second round interview. What they dont tell you is that a second round interview is going out and shadowing another salesperson doing Door to Door sales, sometimes going to dangerous hours until 9pm. They dont tell you until the last minute when its time for you to leave the office to a territory with the person you are shadowing. If you find yourself in this situation, please just walk away and save yourself from the ordeal that is coming.
Another thing to know is that if you do, stupidly, agree to work for one of these companies you are not going to recieve one dollar for up to a month. It takes 3 weeks for the sales you make to process through a third party broker. So when you first start, you wont make any sales the first week since you are training and then the next week, if you make sales, that pay report wont come in for 3 weeks.
This report was posted on Ripoff Report on 11/18/2013 06:42 PM and is a permanent record located here: http://www.ripoffreport.com/r/ECM-Acquisitions-/Miami-Florida-33132/ECM-Acquisitions-Eric-MartinNona-BlackSahsa-WangBart-YatesAntoine-Bell-The-company-is-a-1100428. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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