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A Truthful Review Of The MyMoneyFish Home Based Business
MyMoneyFish is a home-based business opportunity which recently began on February 3, 2010. I wanted to provide you with my truthful review of the business, if you are investigating joining, in order that you can make an informed decision. I will break my review down into 3 sections: Products, Cost and Compensation, Summary.
THE PRODUCTS: With My Money Fish, you have access to more than 3,000 marketing productivity equipments - software and e-books - in your back office. All of the products are digital and may be downloaded to your computer. Moreover, a nice feature is that all of these products come with Master Resell Rights that can offer you with an additional earning stream. Some of the products consist of an Autoresponder, website creation software, splash page software, numerous educational e-books, and more. While there are many programs that provide junk digital downloads, I think that MyMoneyFish separates themselves and actually provides value probably due to the volume offered. Several products are really good.
COST & COMPENSATION: This is where MyMoneyFish separates themselves from many of the other identical home based business opportunities on the internet. The cost is only $9.95 per month...quite inexpensive. Usually these types of programs, in my opinion, are not worth the effort because I think that you get what you pay for. The matrix makes this program unique and more money making than the others if you work the business. It's a 10×4 matrix. You need to employ 10 people into your team so as to be qualified to earn commissions. Once you do, you are qualified for life. Anyone you employ above the required 10 will spill down to facilitate fill the matrices of your team. I never suggest that anyone rely on spillover, but it is an extremely real possibility. The matrix is only 4 levels deep which, in my book, allows you to have greater control of your income. 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 quickly!
SUMMARY: The program is reasonably priced so it has mass-appeal. In my point of view, it is worth the low-cost and can either be used 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 can increase over time. You will need to promote yourself and your site so as to build your team. As long as you do this, MyMoneyFish could be a profitable business for you. As with any residual income program, you cannot really stop marketing because individuals will leave the business. Work with your team closely to limit your attrition cost.
So, to conclude, 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 useful and can be resold for added income. The website is clean and easy to navigate, there are various promotional tools and marketing ideas in the back office. The matrix is very easy and potentially lucrative. Just keep in mind that marketing your business is always the key to success in network marketing, regardless of what business you are in.
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