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A Best Home Based Business Option- MyMoneyFish
MyMoneyFish is a home-based business opportunity which recently started on February 3, 2010. I wanted to provide you with my truthful review of the business, if you are thinking about joining, so that you may make an informed 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 may be downloaded to your laptop. Also, a good feature is that all of these products come with Master Resell Rights that can offer you with an additional earning stream. A few products include an Autoresponder, website creation software, splash page software, several educational e-books, and more. While there are many programs that provide junk digital downloads, I think that MyMoneyFish separates themselves and actually provides value probably due to the volume provided. Many of the products are very good.
COST & 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...quite cheap. Generally these kinds of programs, in my opinion, 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 employ 10 individuals into your team in order to be eligible to earn commissions. Once you do, you are qualified for life. Anyone you hire above the required 10 will spill down to assist fill the matrices of your team. I never suggest that anyone depend on spillover, but it is a very real opportunity. The matrix is only 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 reasonably priced thus 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 provide you with a residual income that could raise over time. You will need to advertise yourself and your site so as to build your team. Only if you do this, MyMoneyFish can be a gainful business for you. As with any residual income program, you cannot really stop marketing as individuals will leave the business. Work with your team closely to limit your attrition cost.
So, to conclude, I think that MyMoneyFish is not a scam but a legitimate home-based business that I understand is paying out commissions on-time. The products are useful 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 easy and potentially productive. Just remember that advertising your business is always the key to success in network marketing, regardless of what business you are in.
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