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Know How Useful Is MyMoneyFish
MyMoneyFish is a home-based business opportunity that newly launched on February 3, 2010. I wanted to provide 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 over 3,000 advertising productivity tools - software and e-books - in your back office. All of the products are digital and could be downloaded to your computer. Moreover, a nice feature is that all of these products come with Master Resell Rights which may provide you with an additional earning stream. Some of the products incorporate an Autoresponder, website creation software, splash page software, numerous educational e-books, and more. While there are many programs that offer junk digital downloads, I think that MyMoneyFish separates themselves and in fact offers value probably due to the volume offered. Numerous products are really good.
COST & COMPENSATION: This is where MyMoneyFish separates themselves from many of the other similar looking home based business options on the net. The cost is only $9.95 per month...quite inexpensive. Normally these types of programs, in my opinion, are not worth the effort because I believe that you get what you pay for. The matrix makes this program exceptional and more profitable than the others if you work the business. It's a 10×4 matrix. You need to hire 10 people into your team so as to be qualified to earn commissions. Once you do, you are qualified for life. Anyone you recruit more than the required 10 will spill down to help fill the matrices of your team. I never advise that anyone rely on spillover, but it is an extremely real possibility. 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 quickly!
SUMMARY: The program is low-priced so 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 grow over time. You will have to market yourself and your site so as to build your team. As long as you do this, MyMoneyFish could be a profitable business for you. As with any residual income program, you cannot really stop marketing because people will leave the business. Work with your team personally to limit your attrition rate.
So, to conclude, I feel that MyMoneyFish is not a scam but a legal home-based business that I know is paying out commissions on-time. The products are useful and can 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 easy and potentially lucrative. Just keep in mind that marketing your business is always the key to success in network marketing, no matter what business you are in.
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