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Know How Useful Is MyMoneyFish
MyMoneyFish is a home-based business option which recently launched on February 3, 2010. I wanted to provide you with my honest review of the business, if you are thinking about joining, so that you can make a clued-up 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 over 3,000 marketing productivity equipments - software and e-books - in your back office. Each product is digital and can be downloaded to your laptop. Also, a good feature is that all of these products come with Master Resell Rights which may provide you with an extra earning stream. Some of the products incorporate an Autoresponder, website creation software, splash page software, several educational e-books, and more. While there are many programs that offer junk digital downloads, I think that MyMoneyFish separates themselves and indeed provides value possibly due to the volume offered. Numerous products are extremely good.
RATE & COMPENSATION: This is where MyMoneyFish separates themselves from several other similar looking home based business options on the net. The cost is merely $9.95 per month...quite cheap. Usually these kinds of programs, in my point of view, are not worth the effort because I think that you get what you pay for. The matrix makes this program special and more money making than the others if you work the business. It's a 10×4 matrix. You need to employ 10 individuals into your team in order to be entitled to earn commissions. Once you do, you are eligible for life. Anybody you employ more than the required 10 will spill down to facilitate fill 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, allows you to have greater control of your earnings. 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 a lot but it really can add up fast!
SUMMARY: The program is inexpensive 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 offer you with a residual income that can grow over time. You will have to advertise yourself and your site in order 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 marketing since people will leave the business. Work with your team personally to limit your attrition cost.
Therefore, 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 helpful and could be resold for added income. The site is clean and simple to navigate, there are plenty of promotional tools and marketing ideas in the back office. The matrix is very simple and potentially lucrative. Just keep in mind that promoting your business is always the key to success in network marketing, no matter what business you are in.
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