I am Guessing You Have Arrived at This Page Because You Are Trying to Find Out a Little Bit More About MOBE
There are many online business reviews about MOBE, here I aim to cut through the BS and show you exactly what you need to know about the My Own Business Education Program.
- Maybe you’re at the research stage and considering joining at the $49 level, the Top Tier Business (MTTB) 21-Steps program?
- Maybe you’re already at the $49 level and are thinking of taking the plunge and moving to the next level, the Silver Plan (formerly the MOBE Licence Rights Program) at a not insignificant $2,497?
- Maybe you are considering jumping straight in at the Silver, Gold or other plans?
Whatever You Are Thinking, Hold onto Your Credit Card for A Moment and Read On!
I really don’t want to bore you senseless with way too many irrelevant details, so I will just focus on the most important parts, i.e. is it worth it, and can you make money? I am pretty sure I have covered all the important and relevant points so you can to come to an informed decision. Please take the time to read to the end.
MOBE’s Transformation Since 2011
Originally – My Online Business Empire
Also known as – My Online Business Education/Empire
Currently Re-Branded as – My Own Business Education
The man behind the business: Matt Lloyd who launched MOBE in 2011
First let’s start by saying, no it’s not a scam, clever marketing yes, out and out scam no. MOBE is however not for everybody, there are a small % of their members who do make serious money online using MOBE but unfortunately, most don’t, in fact, according to MOBE’s own figures 95% of their members earn under $100 a month and under $654 Annualized Average Income (see below).
So, what does it actually cost to join?
There are various levels that are offered by MOBE who seem to have moved away from what they called the MOBE Licence Rights Program and replaced it with the Silver plan that you can see below. My coach actually offered me the chance to make a two part payment after telling me initially that it couldn’t be paid for in instalments.
You can join as a Standard
Affiliate, sorry Consultant as shown below
With the Standard Consultant Membership, you only get commissions on products, services and events, however, and not where most of the money seems to be generated like the Silver and above membership packages. As a Standard Consultant, should one of your members Join a Silver or above package you will only get a commission for that sale if you are already positioned at that level. Seems like MLM (Multi Level Marketing), doesn’t it?
Is it the best internet marketing training program around? Well, there is a myriad of courses, programs, seminars, webinars, coaching, masterminds, summits, along with done-for-you services like emails, articles and videos. They, however, don’t come bolted on with the Standard Membership, (did I mention there were tonnes of up-sells?) but are bolted onto various levels of membership or can be bought separately at high costs .
As you are no doubt aware there are many excellent internet business training programs to be found on the internet, and generally, they are an awful lot cheaper than MOBE’s offering’s, with some even free (usually if you subscribe to their email list). So no, it is not the best internet training program around, and certainly not for the money.
To be able to earn a substantial income (up to 90%) you will have to be positioned at a minimum level of Silver, which as you saw earlier will cost your the princely sum of $2,497 + $19.95 a month back office fee, oh and if you want the inner circle subscription that will set you back another $27 a month, see where this is going?
Then all you have to do is find more
mugs, sorry, customers, that are also willing to part with their hard earned cash just so they can earn commissions the same way you are by recruiting more people. Couldn’t be simpler to earn $1,250 commission, could it?
Of course, it doesn’t stop there, there will be constant pressure to get to the next level where in theory you will be able to make even more money by recruiting, even more people who in turn recruit more people and so it goes on.
For you to earn $1,250 commission you will need to be positioned at the lowest level: Silver which as we know costs $2,497. If you move up the ladder and purchase the next levels this is what it will cost you:
Gold $4,997 ($2,500 commission per new sale at this level, they work your leads)
Titanium : $9,997 ($3,300 commission per new sale at this level, they work your leads)
Platinum $16,667 ($5,500 commission per new sale at this level, they work your leads)
Diamond $29,997 ($10,000 commission per new sale at this level, they work your leads)
* If you want to see the list in full and the costs and commissions involved click on the image above. There really is too much to write on here and I did promise I wouldn’t bore you senseless, but if you really must know, go for it!
I joined at the $49 – 21 Step level and went through the first 6 video courses. I live in Asia and my coach lived in the USA so the times we could have our so-called coaching sessions were limited because of the time difference.
From the first time we spoke, I could feel I was being led into parting with more cash. The first 6 video lessons were designed to make you feel you were buying into a franchise with many products on offer. I very rarely see any MOBE member pushing their actual products, similar products are available all over the internet and as I said earlier, most of which you can buy at a fraction of the price or even download free so why would they?
Of course, the hit came at the end of lesson 6 and I was told I had to buy the MOBE Licence Rights Program if I wanted to make serious money and continue with the program. My coach never really actually coached me in anything but just checked that I had watched and understood the video lessons and then unlocked the next one.
I never at any stage actually felt like I was being taught how to market any of their products, that apparently came later after of course, I had paid the extra $2,497 for the MOBE Licence Rights Program or as it now seems to be known the Silver Membership.
Are there any Pros?
Effectively what you are taught is that you need to invest money to make money, while that is often the case MOBE feels different, it feels more like MLM (Multi Level Marketing) although they will definitely say that it’s not. However, it does seem a little strange that most of the commissions come from you recruiting others and certainly the “Top Tier” commissions are all for recruitment. As the old saying goes “if it walks like a duck and quacks like a duck the chances are it’s a duck”.
Remember 95% of their members earn under $100 a month and most nothing at all!
So, unless you are a very very experienced marketer with a very long well-established list of potential & willing clients, who like you, will need a large bank balance and deep pockets, and be willing to dip into them at regular intervals MOBE is not for you!
One question remains: Can you make real money online?
Yes, of course, you can, there are plenty of home based online businesses and plenty where you can earn a substantial income online. I will as the website name suggests be pointing you in the right direction of the best internet business training available as the site grows.
There is one company that I do highly recommend for beginners and anyone looking to start or grow an online business, read my review here.
Well, here we are at the end of my review, if you have taken something from it please leave a comment, and if you have any experiences (good or bad) with MOBE, that you would like to share please do.
Please “like and Share” if you gained value and feel it will be of value to others!