MyMoneyFish is a home-based business option that recently started on February 3, 2010. I wanted to endow you with my truthful review of the business, if you are thinking about joining, so that you may make a knowledgeable 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 over 3,000 marketing productivity equipments - software and e-books - in your back office. Each product is digital and may be downloaded to your laptop. Also, a good feature is that all these products come with Master Resell Rights which can offer you with an extra earning stream. A few products include an Autoresponder, website creation software, splash page software, several educational e-books, and more. While there are several programs which offer junk digital downloads, I think that MyMoneyFish separates themselves and actually provides value possibly due to the volume provided. Many of the products are very good.
COST & COMPENSATION: This is where MyMoneyFish separates themselves from several other similar looking home based business opportunities on the internet. The cost is merely $9.95 per month...quite cheap. Generally these kinds of programs, in my opinion, are not worth the effort since I believe 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 employ 10 individuals into your team in order to be eligible to earn commissions. Once you do, you are qualified for life. Anybody you recruit above the required 10 will spill down to assist fill up the matrices of your team. I never suggest that anyone depend on spillover, but it is a very real opportunity. The matrix is just 4 levels deep which, in my book, permits you to have greater control of your earnings. 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 rapidly!
SUMMARY: The program is reasonably priced thus 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 grow over time. You will need to advertise yourself and your website so as to build your team. Only if you do this, MyMoneyFish can be a gainful business for you. As with any residual income program, you cannot really stop advertising as people will leave the business. Work with your team closely to limit your attrition cost.
Therefore, to conclude, I think that MyMoneyFish is not a scam but a legitimate home-based business that I understand is paying out commissions on-time. The products are helpful and could be resold for added income. The site is clean and easy to navigate, there are several promotional tools and advertising ideas in the back office. The matrix is very easy and potentially productive. Just remember that advertising your business is always the way to success in network advertising, no matter what business you are in.
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