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A True Review Of The MyMoneyFish Home Based Business
MyMoneyFish is a home-based business option that newly started on February 3, 2010. I wanted to provide you with my truthful review of the business, if you are investigating joining, so that you may make a clued-up 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 marketing productivity equipments - software and e-books - in your back office. All of the products are digital and may be downloaded to your computer. Also, a good aspect is that all these products come with Master Resell Rights which may offer you with an additional earning stream. Some of the products consist of an Autoresponder, website creation software, splash page software, several educational e-books, and more. While there are numerous programs which offer junk digital downloads, I think that MyMoneyFish separates themselves and in fact provides value probably due to the volume offered. Several products are very good.
RATE & COMPENSATION: This is where MyMoneyFish separates themselves from several other similar looking home based business opportunities on the internet. The cost is only $9.95 per month...quite inexpensive. Usually these types of programs, in my point of view, are not worth the effort since I believe that you get what you pay for. The matrix makes this program exceptional and more gainful 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 eligible for life. Anybody you recruit above the required 10 will spill down to assist fill the matrices of your team. I never suggest that anyone rely on spillover, but it is a very 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 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 quickly!
SUMMARY: The program is reasonably priced so it has mass-appeal. In my opinion, 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 offer you with a residual income that could grow over time. You will need to advertise yourself and your site so as 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 as people 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 legitimate home-based business that I know is paying out commissions on-time. The products are beneficial and could be resold for added income. The site is clean and easy to navigate, there are several 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 advertising, no matter what business you are in.
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