A Great Home Based Business Choice- MyMoneyFish
MyMoneyFish is a home-based business opportunity that newly launched on February 3, 2010. I wanted to provide you with my honest review of the business, if you are considering joining, so that you may make a knowledgeable 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. All of the products are digital and may be downloaded to your computer. Also, an excellent feature is that all these products come with Master Resell Rights that may offer you with an additional income stream. A few products include an Autoresponder, website creation software, splash page software, several educational e-books, and more. While there are several programs that offer junk digital downloads, I think that MyMoneyFish separates themselves and actually provides value probably because of the volume offered. Several products are really good.
COST & COMPENSATION: This is where MyMoneyFish separates themselves from several other similar looking home based business opportunities on the internet. The cost is merely $9.95 per month...extremely cheap. Usually these types 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 profitable than the others if you work the business. It's a 10×4 matrix. You need to employ 10 people into your team so as to be entitled to earn commissions. Once you do, you are eligible for life. Anyone you recruit more than the required 10 will spill down to help fill up the matrices of your team. I never suggest that anyone rely on spillover, but it is an extremely real possibility. 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 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 quickly!
SUMMARY: The program is inexpensive 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 can raise over time. You will need to advertise yourself and your website in order 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 promoting as people will leave the business. Work with your team personally 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 helpful and could be resold for added income. The website is clean and easy to navigate, there are plenty of promotional tools and marketing ideas in the back office. The matrix is very simple and potentially lucrative. Just keep in mind that advertising your business is always the key to success in network advertising, no matter what business you are in.
