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Know How Useful Is MyMoneyFish
MyMoneyFish is a home-based business option which lately launched on February 3, 2010. I wanted to endow you with my truthful review of the business, if you are investigating joining, so that you can 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 more than 3,000 advertising productivity tools - software and e-books - in your back office. Each product is digital and could be downloaded to your computer. Also, a nice feature is that all these products come with Master Resell Rights that could provide you with an extra earning stream. Some of the products consist of an Autoresponder, website creation software, splash page software, numerous educational e-books, and more. While there are many programs which provide junk digital downloads, I think that MyMoneyFish separates themselves and indeed offers value possibly due to the volume offered. Several products are really good.
COST & COMPENSATION: This is where MyMoneyFish separates themselves from several other identical home based business options on the net. The cost is merely $9.95 per month...quite inexpensive. Usually these types of programs, in my opinion, are not worth the effort since I think 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 have to hire 10 people into your team in order to be qualified to earn commissions. Once you do, you are qualified for life. Anybody you employ more than the required 10 will spill down to help fill up the matrices of your team. I never advise 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 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 a lot but it really can add up rapidly!
SUMMARY: The program is low-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 increase over time. You will have to market yourself and your website so as to build your team. As long as you do this, MyMoneyFish can be a profitable business for you. As with any residual income program, you cannot really stop marketing as individuals will leave the business. Work with your team personally to limit your attrition rate.
Therefore, 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 website is clean and simple to navigate, there are plenty of promotional tools and advertising ideas in the back office. The matrix is very easy and potentially lucrative. Just remember that marketing your business is always the key to success in network advertising, regardless of what business you are in.
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