A Great Home Based Business Choice- MyMoneyFish
MyMoneyFish is a home-based business option that newly began on February 3, 2010. I wanted to provide you with my honest review of the business, if you are considering joining, so that you can 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 can be downloaded to your PC. Also, a nice aspect is that all these products come with Master Resell Rights which may offer you with an additional income stream. Some of the products include an Autoresponder, website creation software, splash page software, numerous 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 because of the volume offered. Many of the products are really good.
RATE & COMPENSATION: This is where MyMoneyFish separates themselves from numerous other similar looking home based business opportunities on the internet. The cost is only $9.95 per month...extremely inexpensive. Generally these types of programs, in my point of view, are not worth the effort as I believe that you get what you pay for. The matrix makes this program exceptional and more money making than the others if you work the business. It's a 10×4 matrix. You need to recruit 10 people into your team in order to be qualified to earn commissions. Once you do, you are eligible for life. Anybody you recruit above the required 10 will spill down to facilitate fill the matrices of your team. I never recommend 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 great number 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 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 may grow over time. You will need to promote yourself and your site in order to build your team. As long as you do this, MyMoneyFish can be a profitable business for you. As with any residual income program, you cannot really stop promoting since people will leave the business. Work with your team closely to limit your attrition cost.
So, in conclusion, I believe 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 various promotional tools and marketing ideas in the back office. The matrix is very simple and potentially profitable. Just remember that marketing your business is always the solution to success in network advertising, no matter what business you are in.
A Great Home Based Business Choice- MyMoneyFish
In this article, Steve Hawk provides network marketers with his MyMoneyFish review. He summarizes the products, cost and compensation plan, and provides his conclusion on why MyMoneyFish is a legitimate network marketing business that can provide a residual income to anyone who puts in the effort to build their business.
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