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A Great Home Based Business Choice- MyMoneyFish
MyMoneyFish is a home-based business option that recently started on February 3, 2010. I wanted to provide you with my honest review of the business, if you are investigating joining, so that you could 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 over 3,000 marketing productivity tools - software and e-books - in your back office. All of the products are digital and can be downloaded to your computer. Also, an excellent aspect is that all these products come with Master Resell Rights which can provide you with an additional income stream. Some of the products consist of an Autoresponder, website creation software, splash page software, various educational e-books, and more. While there are several programs which offer junk digital downloads, I think that MyMoneyFish separates themselves and actually offers value probably because of the volume offered. Several products are extremely good.
RATE & COMPENSATION: This is where MyMoneyFish separates themselves from numerous other similar looking home based business opportunities on the net. The cost is only $9.95 per month...extremely inexpensive. Usually these kinds 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 unique and more gainful 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 entitled 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 recommend that anyone rely on spillover, but it is a very real opportunity. The matrix is just 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 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 offer you with a residual income that may grow over time. You will need to advertise yourself and your site 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 advertising since people will leave the business. Work with your team closely to limit your attrition rate.
So, 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 helpful 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 simple and potentially lucrative. Just remember that promoting your business is always the way to success in network advertising, no matter what business you are in.
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