Know How Useful Is MyMoneyFish
MyMoneyFish is a home-based business opportunity which newly started on February 3, 2010. I wanted to provide you with my truthful review of the business, if you are considering joining, so that you can 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 more than 3,000 advertising productivity equipments - software and e-books - in your back office. All of the products are digital and could be downloaded to your laptop. Moreover, an excellent aspect is that all these products come with Master Resell Rights that could 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 many programs which provide junk digital downloads, I think that MyMoneyFish separates themselves and actually offers value probably due to the volume provided. Several 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 only $9.95 per month...quite inexpensive. Generally 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 exceptional and more gainful than the others if you work the business. It's a 10×4 matrix. You need to hire 10 people into your team in order to be qualified to earn commissions. Once you do, you are qualified for life. Anyone you hire above the required 10 will spill down to facilitate fill up the matrices of your team. I never advise that anyone rely on spillover, but it is an extremely real possibility. The matrix is just 4 levels deep which, in my book, allows 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 great number but it really can add up quickly!
SUMMARY: The program is reasonably priced hence 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 can increase over time. You will need to market yourself and your site so as to build your team. As long as you do this, MyMoneyFish could be a money making business for you. As with any residual income program, you cannot really stop promoting because people will leave the business. Work with your team closely to limit your attrition rate.
Thus, in conclusion, I feel 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 can be resold for added income. The website is clean and simple to navigate, there are plenty of promotional tools and advertising ideas in the back office. The matrix is very easy and potentially profitable. Just keep in mind that marketing your business is always the way to success in network marketing, regardless of what business you are in.
