MyMoneyFish is a home-based business opportunity which newly began on February 3, 2010. I wanted to provide you with my truthful review of the business, if you are investigating joining, in order that you could 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 could be downloaded to your computer. Moreover, an excellent aspect is that all of these products come with Master Resell Rights that may offer you with an additional earning 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 that provide junk digital downloads, I think that MyMoneyFish separates themselves and in fact provides value probably due to the volume offered. Several products are extremely good.
RATE & COMPENSATION: This is where MyMoneyFish separates themselves from many of the other identical home based business options on the internet. The cost is only $9.95 per month...quite inexpensive. Usually these kinds of programs, in my point of view, are not worth the effort because I suppose 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 hire 10 people into your team so as to be entitled to earn commissions. Once you do, you are eligible for life. Anyone you hire more than the required 10 will spill down to facilitate fill the matrices of your team. I never advise that anyone rely on spillover, but it is an extremely real opportunity. The matrix is just 4 levels deep which, in my book, allows you to have greater control of your income. 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 great number but it really can add up quickly!
SUMMARY: The program is low-priced so 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 can raise over time. You will have to promote yourself and your site so as to build your team. As long as you do this, MyMoneyFish could be a money making business for you. As with any residual income program, you cannot really stop advertising because individuals 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 legal home-based business that I understand is paying out commissions on-time. The products are helpful and can be resold for added income. The website is clean and simple to navigate, there are various promotional tools and marketing ideas in the back office. The matrix is very easy and potentially lucrative. Just keep in mind that promoting your business is always the way to success in network marketing, regardless of what business you are in.
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