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A True Review Of The MyMoneyFish Home Based Business
MyMoneyFish is a home-based business option which newly began on February 3, 2010. I wanted to provide you with my honest review of the business, if you are investigating joining, so that you can make a knowledgeable 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 around 3,000 advertising productivity equipments - software and e-books - in your back office. All of the products are digital and can be downloaded to your laptop. Moreover, a nice feature is that all these products come with Master Resell Rights which could offer you with an additional income stream. A few products incorporate an Autoresponder, website creation software, splash page software, several educational e-books, and more. While there are numerous programs which provide junk digital downloads, I think that MyMoneyFish separates themselves and actually offers value possibly because of the volume offered. Numerous products are really good.
RATE & COMPENSATION: This is where MyMoneyFish separates themselves from many of the other identical home based business opportunities on the net. The cost is just $9.95 per month...quite inexpensive. 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 unique and more profitable than the others if you work the business. It's a 10×4 matrix. You have to recruit 10 individuals into your team so as to be eligible to earn commissions. Once you do, you are eligible for life. Anybody you hire more than the required 10 will spill down to facilitate fill the matrices of your team. I never recommend that anyone depend on spillover, but it is an extremely real possibility. The matrix is merely 4 levels deep which, in my book, permits you to have greater control of your earnings. Your commissions are residual at $2 for every individual 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 fast!
SUMMARY: The program is low-priced thus 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 have to advertise yourself and your website in order to build your team. As long as you do this, MyMoneyFish could 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 personally to limit your attrition rate.
So, in conclusion, I believe that MyMoneyFish is not a scam but a legal home-based business that I understand is paying out commissions on-time. The products are helpful and can be resold for added income. The site is clean and simple to navigate, there are various promotional tools and marketing ideas in the back office. The matrix is very easy and potentially lucrative. Just remember that advertising your business is always the solution to success in network marketing, regardless of what business you are in.
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