An Honest Review Of The MyMoneyFish Home Based Business Opportunity

MyMoneyFish is a home-based business option which newly started on February 3, 2010. I wanted to endow you with my truthful review of the business, if you are investigating joining, in order that you can make an informed 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 more than 3,000 marketing productivity tools - software and e-books - in your back office. All of the products are digital and could be downloaded to your laptop. Moreover, a nice feature is that all these products come with Master Resell Rights that may offer you with an additional earning stream. Some of the products consist of an Autoresponder, website creation software, splash page software, numerous educational e-books, and more. While there are many programs that provide junk digital downloads, I think that MyMoneyFish separates themselves and in fact offers value probably because of the volume offered. Several products are extremely good.

RATE & COMPENSATION: This is where MyMoneyFish separates themselves from several other identical home based business options on the internet. The cost is only $9.95 per month...extremely inexpensive. Normally these kinds of programs, in my point of view, 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 need 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 employ above the required 10 will spill down to facilitate fill the matrices of your team. I never suggest that anyone rely on spillover, but it is a very real opportunity. The matrix is only 4 levels deep which, in my book, allows 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 great number but it really can add up fast!

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 may grow over time. You will have to promote yourself and your website 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 marketing because individuals will leave the business. Work with your team closely to limit your attrition rate.

So, to conclude, I believe 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 website is clean and easy to navigate, there are several promotional tools and marketing ideas in the back office. The matrix is very easy and potentially productive. Just remember that promoting your business is always the way to success in network marketing, regardless of what business you are in.