An Honest Review Of The MyMoneyFish Home Based Business
MyMoneyFish is a home-based business option which recently started on February 3, 2010. I wanted to endow you with my truthful review of the business, if you are investigating joining, so that you could 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 more than 3,000 marketing productivity tools - software and e-books - in your back office. Each product is digital and may be downloaded to your computer. Also, an excellent feature is that all these products come with Master Resell Rights that can provide you with an extra earning stream. Some of the products consist of an Autoresponder, website creation software, splash page software, various educational e-books, and more. While there are many programs which provide junk digital downloads, I think that MyMoneyFish separates themselves and actually offers value possibly due to the volume offered. Several products are extremely good.
COST & COMPENSATION: This is where MyMoneyFish separates themselves from several other identical home based business opportunities on the net. The cost is merely $9.95 per month...quite inexpensive. Usually these kinds of programs, in my opinion, are not worth the effort since I think that you get what you pay for. The matrix makes this program unique and more gainful than the others if you work the business. It's a 10×4 matrix. You have to employ 10 people into your team in order to be entitled to earn commissions. Once you do, you are qualified for life. Anybody you employ above the required 10 will spill down to assist fill up the matrices of your team. I never suggest that anyone rely on spillover, but it is a very 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 large number but it really can add up rapidly!
SUMMARY: The program is reasonably priced so 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 provide you with a residual income that could increase over time. You will need to advertise yourself and your website so as to build your team. As long as you do this, MyMoneyFish can be a money making business for you. As with any residual income program, you cannot really stop marketing as individuals will leave the business. Work with your team closely to limit your attrition rate.
Therefore, to conclude, I feel that MyMoneyFish is not a scam but a legitimate home-based business that I understand is paying out commissions on-time. The products are useful and could be resold for added income. The website is clean and easy to navigate, there are several promotional tools and advertising ideas in the back office. The matrix is very easy and potentially lucrative. Just remember that promoting your business is always the key to success in network advertising, regardless of what business you are in.
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