My Online Business Education (MOBE) Review – Scam or Legit?
Business Name: My Online Business Empire (MOBE)
Price: $49 + Upsells
Business Owner: Matt Lloyd
Overall Rank: 30 out of 100 points
My Online Business Education (MOBE) Scam Review – Introduction:
My Online Business Education formerly known as My Online Business Empire was launched by Matt Lloyd back in 2011. This site is very famous now and has a large number of people asking whether it is legit or not.
The purpose of this site is to help you to build an online business empire both online and offline and earns a regular flow of income. It does provides you training and tools related to affiliate marketing and provides you high commission if you recruit new persons to the site.
It involves very costly packages and based on MLM structure. Well, I am not a big fan of MLM model but I do provide you all the information about this company in the next paragraph.
What is Included in My Online Business Education (MOBE)?
Standard Affiliate Membership Fees – $19.95 per Month
This fee is designed for making your affiliate active. That means if you want to promote MOBE products and earn commission then you must pay this monthly membership fee. If you don’t want to promote then you may cancel anytime. Standard affiliates get 30-50% commissions on a large selection of products through MOBE Marketplace, but no commissions on backend sales.
Business Affiliate Membership Fees
Standard allows you only few products but if you want to access high commission and done for your products that offer $1,250 – $13,500 per commission then you must buy this subscription. Business affiliates have four different types including;
- MOBE License Rights
Inner Circle Membership = $97 per month
It is access to recordings of successful entrepreneur’s interview. The idea is to get useful insight from those successful people and implement it in your own business. This also access to private member’s forum and receive their newsletter.
License Rights – $1997 Onetime fee
If you want to access the whole system then it requires one-time 1997$ fee and you get the license to promote fully this product to others. These rights will include some of the following trainings:
- MOBE Licensee Course
- OPT Formula
- My Online Business Empire
- Affiliate Bonus
- Funded Proposal
Some of the products that you can buy and if you sell them then it offers 90% commission rate:
- My Top Tier Business (MTTB) = $49
- 21-Steps recurring fee from 2nd month onwards = $19 per month
- MOBE Elite Earners = $97 per month
- Done For You Emails = $97 per month
- My Email Marketing Empire = $194
- OPT Formula (Outsourcing Formula) = $194
- Funded Proposal = $194
- Affiliate Bonus Domination = $291
- Internet Marketing Revolution Handbook = $9.95
- For the 7 day trial access to Matt Lloyd’s MOBE Inner Circle = $9.95
Some of the products that you can buy and if you sell them then it offers 50% commission rate:
- 10,000 Leads in 100 Days = $1997
- Online Income Revolution = $997
- The 90 Day Challenge = $997
- Six Figure Coaching Secrets = $997
- Add the Nitrous = $997
- Diamond Coaching Program = $4997
- Titanium Mastermind = $8997
Things I Like about My Online Business Education (MOBE):
Lot of Useful Information
There are lot of useful information available in the member’s area and most of the information are really up to date in order to stay current in the industry. It is impossible such overpriced item will not provide useful information.
As a member, you’ll get access to webinars of world top entrepreneurs and learn different things from those people.
High Commission Rates for Products Promotion
MOBE offers high commission rates form 50% to 90%. It all depends on your type of membership and what products you are promoting. You’ll be amazed that some products even offer you above $10,000 commission. Imagine if you only able to sell few products per month then where will your commission will be reached.
Things I Don’t Like about My Online Business Education (MOBE):
Very Expensive Product
When I have seen its price structure then I was really amazed. I have never seen such a costly product. You can easily find such training and tools outside this site far cheaper than this site. If you are looking for value of products then this product is definitely not the one you are looking for, but if you are looking for money, then simply join and pay hefty fee and let other motivate to do what you have done.
I have seen lot of internet marketing products. Most of them have upsells but almost all have not more than 3 upsells but if we look at MOBE then it even difficult to count those. After paying joining fee then you are bombarded with upsells that are offered at very large price.
It is Simply MLM
I am not a fan of MLM business models. Everyone has his own taste and skills. You are just required to recruit new people to the system in order to earn commission. This is even worse if the product is not up to the mark. Let’s suppose you get trap and join the system then believe me it is not easy to get new affiliates for such pricey producer and your investment would get stuck.
Pyramid scheme is one in which incoming fee receive from incoming members is distributed to up liner who has made those referrals. These type of schemes are banned in most countries. Even it is banned in USA but such sites access through operating it from other countries.
Matt Lloyd, the owner of My Online Business Empire is in Australia. The central office is in Malaysia and the website is based in Panama. Why does Matt need 3 separate addresses?
They do have a Facebook group and email support but if you are looking for some active community support then there is nothing such type of thing. When you are paying such considerable amount of money then management should have a complete support system rather than throwing people to Facebook group.
Is My Online Business Education (MOBE) a Scam or Legit?
In short, My Online Business Education (MOBE) is a very costly product and it is based on MLM model and your main task in to recruit new people in order to earn money. If you are looking for value in the training and build your own business on this then this is not for you, but if you are just looking for high commission and you have great marketing skills to promote other people even an average pricey product then you can use this system.
My sincere advice is to choose option one and not to invest in such type of business. If you are really looking for legit earning opportunity then see my #1 recommendation.