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A Truthful Review Of The MyMoneyFish Home Based Business
MyMoneyFish is a home-based business option that lately launched on February 3, 2010. I wanted to provide you with my truthful review of the business, if you are thinking about joining, so that you could 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 around 3,000 advertising productivity equipments - software and e-books - in your back office. Each product is digital and may be downloaded to your computer. Moreover, an excellent feature is that all these products come with Master Resell Rights which can offer you with an additional income stream. A few products consist of an Autoresponder, website creation software, splash page software, numerous educational e-books, and more. While there are many programs which provide junk digital downloads, I think that MyMoneyFish separates themselves and indeed provides value probably due to the volume offered. Many of the products are very good.
RATE & COMPENSATION: This is where MyMoneyFish separates themselves from numerous other similar looking home based business opportunities on the internet. The cost is merely $9.95 per month...extremely cheap. Usually these kinds of programs, in my point of view, are not worth the effort since I suppose that you get what you pay for. The matrix makes this program special and more gainful than the others if you work the business. It's a 10×4 matrix. You need to hire 10 individuals into your team in order to be qualified to earn commissions. Once you do, you are eligible for life. Anyone you employ more than the required 10 will spill down to facilitate fill up the matrices of your team. I never recommend that anyone rely on spillover, but it is an extremely real opportunity. The matrix is only 4 levels deep which, in my book, permits 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 a lot but it really can add up fast!
SUMMARY: The program is reasonably priced hence it has mass-appeal. In my opinion, 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 offer you with a residual income that could increase over time. You will have to promote yourself and your site so as to build your team. Only if you do this, MyMoneyFish could be a profitable business for you. As with any residual income program, you cannot really stop marketing because people will leave the business. Work with your team closely to limit your attrition rate.
Thus, 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 helpful and could be resold for added income. The website is clean and simple to navigate, there are various promotional tools and marketing ideas in the back office. The matrix is very simple and potentially profitable. Just remember that promoting your business is always the way to success in network advertising, regardless of what business you are in.
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