A Truthful Review Of The MyMoneyFish Home Based Business Option


MyMoneyFish is a home-based business option which newly began on February 3, 2010. I wanted to endow you with my truthful review of the business, if you are investigating joining, so that you can make an informed 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 around 3,000 advertising productivity equipments - software and e-books - in your back office. Each product is digital and could be downloaded to your computer. Also, a nice feature is that all these products come with Master Resell Rights that may offer you with an extra earning stream. Some of the products consist of an Autoresponder, website creation software, splash page software, numerous educational e-books, and more. While there are many programs which provide junk digital downloads, I think that MyMoneyFish separates themselves and in fact provides value possibly due to the volume offered. Several products are really good.

COST & COMPENSATION: This is where MyMoneyFish separates themselves from numerous other identical home based business options on the internet. The cost is just $9.95 per month...quite inexpensive. Usually these types of programs, in my opinion, are not worth the effort as 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 have to hire 10 people into your team in order to be qualified to earn commissions. Once you do, you are qualified for life. Anybody you hire more than the required 10 will spill down to facilitate fill up the matrices of your team. I never advise that anyone rely on spillover, but it is a very real possibility. The matrix is only 4 levels deep which, in my book, permits 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 fast!

SUMMARY: The program is low-priced so 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 provide you with a residual income that may raise over time. You will have to promote yourself and your website so as 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 marketing since individuals will leave the business. Work with your team personally to limit your attrition cost.

Thus, to conclude, I feel that MyMoneyFish is not a scam but a legitimate home-based business that I know is paying out commissions on-time. The products are useful and could be resold for added income. The website is clean and simple to navigate, there are various promotional tools and advertising ideas in the back office. The matrix is very easy and potentially lucrative. Just remember that marketing your business is always the key to success in network advertising, regardless of what business you are in.

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