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A Truthful Review Of The MyMoneyFish Home Based Business Opportunity
MyMoneyFish is a home-based business option that newly started on February 3, 2010. I wanted to endow you with my honest review of the business, if you are investigating joining, so that you may 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 over 3,000 advertising productivity tools - software and e-books - in your back office. Each product is digital and can be downloaded to your computer. Also, a good feature is that all these products come with Master Resell Rights which may provide you with an extra income stream. Some of the products include an Autoresponder, website creation software, splash page software, several educational e-books, and more. While there are many programs which offer junk digital downloads, I think that MyMoneyFish separates themselves and in fact offers value possibly because of the volume offered. Many of the products are very good.
COST & COMPENSATION: This is where MyMoneyFish separates themselves from numerous other similar looking home based business options on the net. The cost is just $9.95 per month...extremely inexpensive. Generally these kinds of programs, in my opinion, are not worth the effort as 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 have to recruit 10 people into your team in order to be eligible to earn commissions. Once you do, you are qualified for life. Anybody you recruit more than the required 10 will spill down to assist fill up the matrices of your team. I never recommend 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 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 large number but it really can add up fast!
SUMMARY: The program is inexpensive 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 may grow over time. You will have to advertise yourself and your website in order 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 marketing since people will leave the business. Work with your team personally to limit your attrition rate.
Thus, in conclusion, 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 site is clean and simple to navigate, there are several promotional tools and advertising ideas in the back office. The matrix is very simple and potentially lucrative. Just remember that advertising your business is always the key to success in network advertising, no matter what business you are in.
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