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Know How Useful Is MyMoneyFish
MyMoneyFish is a home-based business option which newly began on February 3, 2010. I wanted to endow you with my honest review of the business, if you are thinking about 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. Each product is digital and could be downloaded to your PC. Also, an excellent feature is that all these products come with Master Resell Rights that may provide you with an additional income stream. A few products incorporate an Autoresponder, website creation software, splash page software, several educational e-books, and more. While there are numerous programs which offer junk digital downloads, I think that MyMoneyFish separates themselves and actually provides value possibly due to the volume provided. Numerous products are very good.
COST & COMPENSATION: This is where MyMoneyFish separates themselves from numerous other identical home based business options on the internet. The cost is just $9.95 per month...quite cheap. Normally these types of programs, in my opinion, are not worth the effort as I believe that you get what you pay for. The matrix makes this program exceptional and more money making than the others if you work the business. It's a 10×4 matrix. You need to recruit 10 individuals into your team so as to be entitled to earn commissions. Once you do, you are eligible for life. Anybody you employ above the required 10 will spill down to help fill up the matrices of your team. I never suggest that anyone rely on spillover, but it is an extremely real opportunity. The matrix is just 4 levels deep which, in my book, permits you to have greater control of your income. 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 great number but it really can add up fast!
SUMMARY: The program is low-priced so it has mass-appeal. In my opinion, 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 can grow over time. You will need to promote yourself and your site so as to build your team. Only if you do this, MyMoneyFish could be a profitable business for you. As with any residual income program, you cannot really stop advertising as individuals will leave the business. Work with your team personally to limit your attrition cost.
So, in conclusion, I think that MyMoneyFish is not a scam but a legal 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 simple and potentially profitable. Just remember that advertising your business is always the key to success in network advertising, regardless of what business you are in.
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