An Honest Review Of The MyMoneyFish Home Based Business Option

MyMoneyFish is a home-based business option that lately 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 may make an informed decision. I will divide 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 may be downloaded to your computer. Also, a good feature is that all these products come with Master Resell Rights which could provide you with an additional earning stream. Some of the products include an Autoresponder, website creation software, splash page software, several educational e-books, and more. While there are many programs which offer junk digital downloads, I think that MyMoneyFish separates themselves and indeed offers value probably due to the volume offered. Many of the products are very good.

COST & COMPENSATION: This is where MyMoneyFish separates themselves from several other similar looking home based business options on the net. The cost is only $9.95 per month...quite inexpensive. 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 in order to be eligible to earn commissions. Once you do, you are qualified for life. Anybody you recruit more than the required 10 will spill down to help fill the matrices of your team. I never suggest that anyone rely on spillover, but it is a very real possibility. 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 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 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 could 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 can be a gainful business for you. As with any residual income program, you cannot really stop marketing as 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 legitimate home-based business that I know is paying out commissions on-time. The products are useful 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 easy and potentially lucrative. Just remember that advertising your business is always the key to success in network advertising, no matter what business you are in.

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