My Online Business Empire Scam – Matt Lloyd MOBE

Matt Lloyd’s My Online Business Empire Review

Name: My Online Business Empire (MOBE)
Website: www.myonlinebusinessempire.com
Price: $49 + $19 per month + ABUNDANT Upsells
Owners: Matt Lloyd
Overall Rank: 1 out of 5 Stars

What Is My Online Business Empire

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In this thorough review I will disclose who they are as well as if there is a legitimate chance or if this product is yet another pyramid scheme.  Read my review below for full details.

My Online Business Empire (also known as MOBE) is a training and internet marketing program which was developed by the Australian born entrepreneur Matt Lloyd.

This program consist of products that Matt made and it also includes some other products licensed from other internet marketers including Jonathan Budd.

This program is said to be tailored for entrepreneurs looking to advance their skills in internet marketing and network marketing, but you will soon see why this is not so very special.

The Pros and Cons of My Online Business Empire

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Pros:

• A few acceptable training
• Good percentage payouts depending on which product you sell

Cons:

• You need to buy other products within the system so that you can sell them
• All of their products are high-priced
• Little to no focus on generating a real business
• Mediocre customer help and a dull so called community
• A lot of pointless products within the program
• Program is developed around other online “gurus” with no real interest in helping others
• An ABSOLUTE PYRAMID LIKE SCAM

Who is My Online Business Empire Intended For?

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If you think that you can run your “own” business promoting your own niche or products with this program think again!

When you join this program, you’ll become an affiliate to promote Matt Lloyd’s products and in turn, you will be getting either 50% or 90% commission.

On the other hand, the one making the most money is Matt himself as he earns from all the back end sales you do and plus, he will be the one getting all the traffic to gain more exposure.

With this program, you will not be learning on how you should build a real business in your particular niche that you are interested in.   Much less to show you how to successfully promote your local business.

I don’t know about you, but this is in no shape, way or form a win-win situation!

There are so many products to choose from where you can start your membership with MOBE.  You can start with My Online Business Empire for $97 per month and you “might” potentially have the opportunity to earn commissions up to $1,200 or more.

However, we will be covering this in more in depth on the Compensation Plan further down on this review.

According to this program, they claim that Matt Lloyd will be working for you.  But let me tell you, the only thing I see this system do is up-selling your prospects into higher levels of the program and you keep 90% of the commissions on any of the products that are priced from $97 to over $4,000.

And that’s ONLY if your prospects get fooled to buy, if not, you see nothing rolling into your bank.

How Much Does My Online Business Empire Cost?

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One thing you have to keep in mind is that this program is more intended to “Making” money and NOT helping people.

Below you will find the products that will be necessary for you to buy in order to get somewhere with this program.  Once again, they will fool you to join by their initial entry point, then the upsells start from there.

For example, if you want to join Matt’s partnership, you will need to charge your credit card with a whopping sum of $1997 for the MOBE License Rights.

This will grant you access to the whole My Online Business Empire, which pretty much gives you the chance to start promoting the same stuff as others are. These rights will include some of the following trainings:

• MOBE Licensee Course:
  – A step-by-step how to sell the MOBE program.
• OPT Formula:
  – What, how, when and where to outsource your work.
• My Online Business Empire:
  – Teaches you about email marketing.
• Affiliate Bonus:
  – Affiliate Marketing Successful Strategies
• Funded Proposal:
  – How to build your sales funnel for MOBE

Mind you, if you want to make those commissions, you will now then need to sucker your prospects to the same garbage of products you got suckered in and ripped off from.

Here are some of the products you need to buy and try to sell as well in order to earn a 90% commission:

• $49 – My Top Tier Business (MTTB) 21-Steps
• $19 per month – 21-Steps recurring fee from 2nd month onwards
• $97 per month – Inner Circle Membership
• $97 per month – MOBE Elite Earners
• $97 per month – Done For You Emails
• $194 – My Email Marketing Empire
• $194 – OPT Formula (Outsourcing Formula)
• $194 – Funded Proposal
• $291 – Affiliate Bonus Domination
• $9.95 – IM Revolution Handbook
• $9.95 – For the 7 day trial access to MOBE Inner Circle

Now that’s not all Folks!

My Online Business Empire Products, Even More Upsells

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Are you ready for this?  Well if the above was not enough to squeeze out your very last penny out of your bank, the below products within this program might.  Here are the MOBE products you can earn 50% commissions with:

• $997 – Online Income Revolution by Matt Lloyd
• $997 – The 90 Day Challenge
• $997 – Six Figure Coaching Secrets
• $997 – Add the Nitrous
• $1997 – For 10,000 Leads in 100 Days
• $4997 – Diamond Coaching Program
• $8997 – Titanium Mastermind

So if we are keeping tab on all of this and if you have invested in this entire system, you are looking at $310 per month PLUS $22,917.90 in one time payments.

If it was up to me, I would be looking in better ways to be investing this kind of money.

However, if you want to throw away this kind of money to a ponzi scheme like My Online Business Empire, let it be known that I at least try to forewarn you.

Plus you have to remember that you will only be promoting the same products you have bought, nothing else to it.

Does Matt Lloyd Offer ANY Support?

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You either have to have his Facebook account on your bookmarks or wait patiently if you try to reach his “support” team.  There has been several reports that he bashes to members and calls them names if by any way, shape or form he feels threatened or questioned about his products.

Let me tell you, in this business, you are always going to have the haters, but that does not give you the right to be name calling people, especially on public forums.  For me this shows lack of professionalism on Matt Lloyd’s behalf.

Below you can see why your questions may be “overlooked” or maybe why it will never even get answered:

The above is an actual response from Matt Lloyd himself trying to give the “reasons” as to why his support desk is slow in responding to Member’s questions and/or concerns.

Now, I don’t know about you, but if I’m spending thousands of my hard earned money to a product, why would I still have to wait for more than 24 hours to be helped?

You would think that Matt would invest a lot more than just trying to hire just two new staff members, especially if he claims that he is “busy” running a multimillion business.

Hence why I have flagged this company as a ponzi scheme.

Now to make things worst, the only way he claims to be reached personally if you ask your questions is through his Facebook page.  This for me raises even more red flags on the success of his program.

You would think that within the system he would communicate with each of its members, but he doesn’t.  You have to go to a free social network like Facebook to try to communicate with him.

Sadly, This Is Yet One More Online Scam

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Like many online program scams in this industry, this one is not any different.   They start by bribing you with a low cost entry point and then riddled with upsells.

You get this “feeling like” that in order for you to be successful, you must buy the other products.  You will be promoting the same products you buy to others, hence there is no physical product to sell or what’s even worst, you are spending thousands of dollars to sell a product that is not in your niche.

You landed to this page because someone is trying sell the MOBE program to you and you are trying to find out more about them or maybe you have realized the many red flags that this program has thrown at you and you don’t want to fall once again to these scams online.

The person that sent you that email to promote you My Online Business Empire is more interested in your money than actually trying to help you build a real business.

People buy in for the $49 and quickly realize after the initial course that in order to continue you will have to pay thousands more to keep the membership.

I definitely wouldn’t want you to fall for this.  I’m most positive that you are way better than this.