MyMoneyFish is a home-based business opportunity which recently started on February 3, 2010. I wanted to provide you with my honest review of the business, if you are thinking about joining, in order that you could make a clued-up 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 marketing productivity equipments - software and e-books - in your back office. All of the products are digital and can be downloaded to your laptop. Moreover, an excellent aspect is that all of these products come with Master Resell Rights that can offer you with an additional income stream. A few products incorporate an Autoresponder, website creation software, splash page software, various educational e-books, and more. While there are numerous programs that provide junk digital downloads, I think that MyMoneyFish separates themselves and actually provides value probably because of the volume provided. Numerous products are extremely good.
RATE & COMPENSATION: This is where MyMoneyFish separates themselves from several other identical home based business opportunities on the internet. The cost is only $9.95 per month...extremely cheap. Normally these kinds of programs, in my point of view, are not worth the effort since I suppose 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 individuals into your team so as to be entitled to earn commissions. Once you do, you are eligible for life. Anyone you hire above the required 10 will spill down to assist fill the matrices of your team. I never recommend that anyone depend on spillover, but it is an extremely real opportunity. The matrix is merely 4 levels deep which, in my book, allows you to have greater control of your income. 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 thus it has mass-appeal. In my point of view, 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 could raise over time. You will need to advertise yourself and your site in order to build your team. Only if you do this, MyMoneyFish could be a money making business for you. As with any residual income program, you cannot really stop promoting as individuals will leave the business. Work with your team closely to limit your attrition cost.
So, in conclusion, I think that MyMoneyFish is not a scam but a legal home-based business that I understand is paying out commissions on-time. The products are beneficial and can be resold for added income. The website 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 productive. Just keep in mind that promoting your business is always the solution to success in network marketing, regardless of what business you are in.
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