A Great Home Based Business Choice- MyMoneyFish

MyMoneyFish is a home-based business option that newly launched on February 3, 2010. I wanted to endow you with my honest review of the business, if you are investigating joining, in order that you can make a clued-up 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 around 3,000 advertising productivity tools - software and e-books - in your back office. Each product is digital and can be downloaded to your computer. Moreover, a good feature is that all of these products come with Master Resell Rights that can offer you with an extra earning stream. A few products include an Autoresponder, website creation software, splash page software, numerous educational e-books, and more. While there are numerous programs which provide junk digital downloads, I think that MyMoneyFish separates themselves and actually provides value probably due to the volume offered. Several products are very good.

RATE & COMPENSATION: This is where MyMoneyFish separates themselves from numerous other identical home based business opportunities on the internet. The cost is just $9.95 per month...quite inexpensive. Normally these kinds of programs, in my point of view, are not worth the effort because 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 have to recruit 10 people into your team in order to be eligible to earn commissions. Once you do, you are eligible for life. Anybody you employ more than the required 10 will spill down to help fill the matrices of your team. I never recommend that anyone rely on spillover, but it is an extremely real possibility. The matrix is merely 4 levels deep which, in my book, permits you to have greater control of your earnings. Your commissions are residual at $2 for every person 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 hence 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 could raise over time. You will need to market yourself and your site in order to build your team. As long as you do this, MyMoneyFish can 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 rate.

So, to conclude, 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 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 keep in mind that marketing your business is always the key to success in network advertising, no matter what business you are in.

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