A Great Home Based Business Choice- MyMoneyFish


MyMoneyFish is a home-based business option that recently launched on February 3, 2010. I wanted to provide you with my truthful review of the business, if you are investigating joining, so 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 around 3,000 marketing productivity tools - software and e-books - in your back office. Each product is digital and may be downloaded to your laptop. Also, an excellent feature is that all of these products come with Master Resell Rights which could offer you with an extra income stream. Some of the products incorporate an Autoresponder, website creation software, splash page software, several educational e-books, and more. While there are numerous programs that provide junk digital downloads, I think that MyMoneyFish separates themselves and indeed provides value possibly because of the volume offered. Several products are very 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 merely $9.95 per month...extremely cheap. Generally these types 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 special and more profitable than the others if you work the business. It's a 10×4 matrix. You need to employ 10 people into your team so as to be entitled to earn commissions. Once you do, you are eligible for life. Anybody you recruit above the required 10 will spill down to assist fill the matrices of your team. I never advise 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 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 great number but it really can add up quickly!

SUMMARY: The program is reasonably priced so it has mass-appeal. In my point of view, 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 offer you with a residual income that may increase over time. You will need to promote yourself and your site 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 because individuals will leave the business. Work with your team personally to limit your attrition rate.

So, in conclusion, I think that MyMoneyFish is not a scam but a legitimate home-based business that I know is paying out commissions on-time. The products are helpful and can be resold for added income. The site is clean and easy to navigate, there are various promotional tools and marketing ideas in the back office. The matrix is very simple and potentially productive. Just remember that marketing your business is always the solution to success in network marketing, no matter what business you are in.

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