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An Excellent Home Based Business Choice- MyMoneyFish
MyMoneyFish is a home-based business option which lately launched 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 may 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 tools - software and e-books - in your back office. All of the products are digital and can be downloaded to your laptop. Moreover, a good feature is that all these products come with Master Resell Rights that could provide you with an additional income stream. A few products incorporate an Autoresponder, website creation software, splash page software, several educational e-books, and more. While there are many programs which provide junk digital downloads, I think that MyMoneyFish separates themselves and indeed offers value probably because of the volume provided. Numerous products are very good.
COST & COMPENSATION: This is where MyMoneyFish separates themselves from several other identical home based business options on the net. The cost is only $9.95 per month...extremely cheap. Normally 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 special and more profitable 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 eligible to earn commissions. Once you do, you are qualified for life. Anybody you hire more than the required 10 will spill down to help fill the matrices of your team. I never recommend that anyone depend on spillover, but it is an extremely real opportunity. 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 a lot 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 provide you with a residual income that could raise over time. You will have to market yourself and your site in order to build your team. Only if you do this, MyMoneyFish could 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 personally to limit your attrition rate.
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 useful and could be resold for added income. The website is clean and simple to navigate, there are plenty of promotional tools and marketing ideas in the back office. The matrix is very simple and potentially productive. Just keep in mind that advertising your business is always the key to success in network advertising, regardless of what business you are in.
An Excellent Home Based Business Choice- MyMoneyFish
In this article, Steve Hawk provides network marketers with his MyMoneyFish review. He summarizes the products, cost and compensation plan, and provides his conclusion on why MyMoneyFish is a legitimate network marketing business that can provide a residual income to anyone who puts in the effort to build their business.
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