A Truthful Review Of The MyMoneyFish Home Based Business Opportunity
MyMoneyFish is a home-based business opportunity which lately started on February 3, 2010. I wanted to provide you with my truthful review of the business, if you are thinking about joining, in order that you can make an informed decision. I will divide my review down into 3 sections: Products, Cost and Compensation, Summary.
THE PRODUCTS: With My Money Fish, you have access to over 3,000 advertising productivity tools - software and e-books - in your back office. All of the products are digital and may be downloaded to your PC. Also, a good aspect is that all of these products come with Master Resell Rights which could offer you with an extra income stream. A few products incorporate an Autoresponder, website creation software, splash page software, various educational e-books, and more. While there are numerous programs which offer junk digital downloads, I think that MyMoneyFish separates themselves and indeed offers value possibly because of the volume provided. Numerous products are extremely good.
COST & COMPENSATION: This is where MyMoneyFish separates themselves from many of the other similar looking home based business options on the net. The cost is merely $9.95 per month...quite inexpensive. Usually these kinds of programs, in my point of view, are not worth the effort as I think that you get what you pay for. The matrix makes this program exceptional and more profitable than the others if you work the business. It's a 10×4 matrix. You need to employ 10 people into your team in order to be eligible to earn commissions. Once you do, you are qualified for life. Anyone you employ above the required 10 will spill down to facilitate fill up the matrices of your team. I never advise that anyone rely on spillover, but it is an extremely real opportunity. The matrix is only 4 levels deep which, in my book, allows you to have greater control of your earnings. Your commissions are residual at $2 for every person in your matrix, whether they are on your first level or your fourth level. This does not sound like great number but it really can add up rapidly!
SUMMARY: The program is inexpensive thus it has mass-appeal. In my point of view, it is worth the low-cost and can either be utilized as a secondary program to promote to your prospects who are on a budget or as a primary program to provide you with a residual income that may grow over time. You will need to market yourself and your website in order to build your team. As long as you do this, MyMoneyFish can be a gainful business for you. As with any residual income program, you cannot really stop promoting since people will leave the business. Work with your team personally to limit your attrition rate.
Therefore, in conclusion, I feel that MyMoneyFish is not a scam but a legal home-based business that I know is paying out commissions on-time. The products are beneficial and can be resold for added income. The site is clean and easy to navigate, there are several promotional tools and advertising ideas in the back office. The matrix is very simple and potentially productive. Just keep in mind that marketing your business is always the solution to success in network advertising, regardless of what business you are in.