A Great Home Based Business Option- MyMoneyFish
MyMoneyFish is a home-based business option which lately started on February 3, 2010. I wanted to endow you with my honest review of the business, if you are considering joining, so that you could 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 can be downloaded to your PC. Also, an excellent feature is that all these products come with Master Resell Rights that could offer you with an extra income stream. Some of the products consist of an Autoresponder, website creation software, splash page software, various educational e-books, and more. While there are many programs which provide junk digital downloads, I think that MyMoneyFish separates themselves and indeed provides value possibly because of the volume offered. Several products are extremely good.
COST & COMPENSATION: This is where MyMoneyFish separates themselves from several other identical home based business options on the internet. The cost is just $9.95 per month...extremely inexpensive. Usually 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 gainful than the others if you work the business. It's a 10×4 matrix. You have to recruit 10 people into your team in order to be entitled to earn commissions. Once you do, you are qualified for life. Anybody you hire more than 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 a very 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 large number but it really can add up fast!
SUMMARY: The program is inexpensive hence 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 have to advertise yourself and your website in order to build your team. As long as you do this, MyMoneyFish can be a money making 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 cost.
Thus, in conclusion, I believe 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 could be resold for added income. The website is clean and simple to navigate, there are several promotional tools and advertising ideas in the back office. The matrix is very simple and potentially profitable. Just remember that promoting your business is always the key to success in network advertising, regardless of what business you are in.
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