A Great Home Based Business Alternative- MyMoneyFish
MyMoneyFish is a home-based business option which recently started on February 3, 2010. I wanted to endow you with my honest review of the business, if you are investigating joining, in order 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 marketing productivity equipments - software and e-books - in your back office. Each product is digital and can be downloaded to your computer. Moreover, a nice feature is that all these products come with Master Resell Rights that can offer you with an extra income stream. Some of the products incorporate 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 actually provides value possibly because of the volume offered. Numerous products are really good.
COST & COMPENSATION: This is where MyMoneyFish separates themselves from several other identical home based business opportunities on the internet. The cost is just $9.95 per month...extremely inexpensive. Normally these types 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 have to recruit 10 people into your team so as to be qualified to earn commissions. Once you do, you are qualified for life. Anybody you hire above the required 10 will spill down to assist fill up the matrices of your team. I never recommend that anyone rely on spillover, but it is an extremely 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 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 fast!
SUMMARY: The program is inexpensive so it has mass-appeal. In my point of view, 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 could raise over time. You will need to advertise yourself and your website in order to build your team. As long as you do this, MyMoneyFish could be a profitable 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.
Thus, in conclusion, I feel that MyMoneyFish is not a scam but a legal 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 easy to navigate, there are several promotional tools and advertising ideas in the back office. The matrix is very simple and potentially lucrative. Just keep in mind that marketing your business is always the key to success in network advertising, regardless of what business you are in.
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