A Great Home Based Business Option- MyMoneyFish

MyMoneyFish is a home-based business option which newly 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 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 over 3,000 marketing productivity tools - software and e-books - in your back office. All of the products are digital and may be downloaded to your laptop. Moreover, a nice aspect is that all of these products come with Master Resell Rights that could provide you with an additional income stream. Some of the products include an Autoresponder, website creation software, splash page software, various educational e-books, and more. While there are numerous programs that offer junk digital downloads, I think that MyMoneyFish separates themselves and indeed provides value possibly because of the volume provided. Numerous products are really good.

COST & COMPENSATION: This is where MyMoneyFish separates themselves from many of the other similar looking home based business opportunities on the internet. The cost is just $9.95 per month...extremely cheap. Generally these kinds of programs, in my point of view, are not worth the effort as I think 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 people into your team in order to be entitled to earn commissions. Once you do, you are eligible for life. Anyone you recruit above 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 possibility. The matrix is only 4 levels deep which, in my book, allows you to have greater control of your earnings. 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 reasonably 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 could raise over time. You will need to advertise yourself and your site in order to build your team. Only if you do this, MyMoneyFish can be a money making business for you. As with any residual income program, you cannot really stop promoting 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 beneficial and could be resold for added income. The site 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 promoting your business is always the key to success in network advertising, regardless of what business you are in.