Name: My Online Business Empire(Mobe)
Price: $49 application fee + tons of upsels
Owner : Matt Lloyd
Level of training: Beginner to advanced
Support available: Support help desk
Overall ranking: 1/5 Stars
A Brief Overview of the system and how it works
My online business empire or also known as MOBE is just another MLM pyramid scheme that promises you instant wealth for doing little to no work.
You will pretty much be buying some overpriced software training program that you will have to sell to other people and recruit them to do the exact same thing you are doing.
Doesn’t this sound familiar? This sounds a lot like the Empower network. As a matter of fact they have a membership level that’s called the private inner circle.
Matt Lloyd is so confident that his system will have you making anywhere from $1,000 to $5,000 commissions within your next 30 days that he backs it up with his $500 NO RISK GUARANTEE!
I will show you how he can do this and why this guarantee is actually useless below.
This is just the start of the lies and deception that I am about to uncover for everyone today. Stick around because I am about to review one of the biggest scams ever in the internet marketing industry today.
What exactly am I going to be doing when I join MOBE?
Well you would think that you would be doing as their name suggests, building an online business empire. This couldn’t be anywhere farther from the truth.
When you join you will have to pay a $49 application fee and then you will have to answer a few questions to see if you are approved or not.
What kinda program makes you pay an application fee and then makes you go through a process to be accepted? If and when they accept you into their program you will then be given access to a 21 step program called My Top Tier Business.
You will be shown how to market this scam to other people and you will be teaching them how to do the same thing you have just done.
They will be showing other people how to do the same thing and on and on. It’s a vicious cycle that never ends and we are starting to see more and more companies going in this direction.
To be quite honest with you I thought this program had some potential so I tried it out and spent the $49 on it hoping to see some results with it.
What do you get for the $49 application fee?
You will be given access to my top tier business. This is a video training series that is a 21 step program that walks you through how to make high commissions.
These range from 1K to 5K and this is per sale. I had just completed step 5 of Matt’s system when I got a notification that my access was being cut off.
If I wanted to continue with the course I would need to pay out an additional $1997 to finish watching the videos and complete the 21 step plan.
I was so mad. Matt makes it very clear in his video and also its all over the sales page that the $49 is the only thing you will ever have to pay to be making high commissions.
Here is how he is able to get away with offering this no risk $500 guarantee that I talked about above.
He said there was a few rules that you needed to abide by or his guarantee. Check them out below:
He fails to mention that step 6 of his program is for you to take care of a licensing fee that gives you the right to sell this program to others. This licensing fee as he calls it will run you an additional $1997.
So now you are required to pay an extra $2K just to continue going through his course. There is also the option of making 4 payments of $597. This comes out to $2377.
What good is it to have a $500 guarantee if you gotta pay over $2,000 just to check out his program? This is the most shadiest type of marketing that I have ever seen and this makes me sick.
Here is what you are supposed to get when you join for $49
Is There Any Training Or Tools Available In My Online Business Empire?
The training (If you wanna call it that) Is a 21 step program called My Top Tier Business or MTTB for short. You are given a task that you have to do everyday for 21 days and he claims you will be making anywhere from 1K to 5K commissions everyday within your first 30 days.
I have been in internet marketing for over 3 years now and I know you don’t make that much money that fast. You gotta start your business from 0 and build it up over time.
Take a look at everything you get in the MTTB program below: I will list everything you see above below:
- 21 Simple steps program
- 1 on 1 personal coaching
- Done for you direct sales system
- Daily training lessons and webinars done by the top earners
- A professional phone sales staff
- Access to the 30 day traffic plan
- Done for you product fulfillment
- Access to my traffic generation team
- Insider access to the best sales funnel pages
- Live local training and mentoring
- Access to the Inner circle program
Lets Take A Look At Some Of The Pros And Cons Of This Program
- You can earn some high commissions if money is all you care about and not providing some value
- Is setup just like a MLM Ponzi scheme
- You have to pay $2,000 just to be an affiliate for them
- Some of the most dishonest and shady marketing that I have ever seen
- There is no training on how to actually build an online business like their name implies
- You are lied to multiple times in the first 5 minutes
- Has a multitude of up sells and down sells within the system
- Little to no help and support when you need it
- Doesn’t let you try it out for FREE
- The products are extremely overpriced and not worth it
Here’s The Real Price If You Actually Want To Make Money With MOBE
Like most MLM pyramid schemes in this industry they have a whole list of low quality overpriced programs that they call training.
You will be required to purchase all of these products if you want to make some good money with this program.
If you actually paid the $1997 licensing fee(Which I hope you didn’t) then be prepared to dish out a lot more money.
- $1997+$49 application fee-My Top Tier Business the 21 step program that I mentioned above
- $97 per month- The Private Inner circle If you joined MTTB above then you get access to the Private Inner Circle.
- $97 per month- MOBE elite earners
- $97 per month- Already done for you emails
- $194- My Email Marketing Empire
- $194- OPT Formula(Outsourcing Formula)
- $291- Affiliate Bonus Domination
- $194- Funded proposal
If you think that’s bad I haven’t even scratched the surface on all the other products(If you wanna call them that) you are going to need if you wanna get anywhere in this program.
You can also earn a 90% commission on the products above if you purchase them.
Are you ready for some more over priced low quality training? These are the products you can earn a 50% commission on if you purchase them.
Here is where it really gets expensive and these prices are getting insane.
- $1997-10,000 Leads in only 100 days
- $997- Online Income Revolution
- $997- The 90 day challenge
- $997- Six Figure Coaching secrets
- $997- Add The Nitrous
- $4997- Diamond Coaching Program
- $8997- Titanium Mastermind
If you were to purchase everything they are pushing on you just for you to get high commissions. You are looking at over $300 a month and around 24,000 in one off payments.
I don’t know about you guys but if I had 24 grand I certainly wouldn’t invest it in this MLM Pyramid ponzi scheme. I would be using it as a down payment on a new house or I would buy a new car.
Does Matt Offer His Help And Support
The help and support is offered in the form of help desk. You can submit a ticket and Matt and his gang should be back in touch with you within 36 hours.
I did notice something odd and this has brought up another red flag. Instead of MOBE investing the time and money into making their program better by offering a place to hang out and create a social community.
You will find everyone hanging out on Facebook in the MOBE group that Matt has created.
If I am investing thousands of dollars into a program I want to know that my money is being well spend.
If I need some help or support or have any questions I want to know that someone will be there for me. I’m afraid that if you are looking to get 24/7 help and 1 on 1 support you are going to be very disappointed.
You Have To Pay Just To Be An Affiliate
I have been in affiliate/internet marketing for over 3 years now. I have also joined lots of affiliate programs in that time and I have NEVER paid to be an affiliate for someone and I never will.
If you payed the ridiculous price of over $2000 just to test out his program then you have basically paid for your right to sell this crap to everyone else. I know I wouldn’t want to pay $2000 to promote some program I don’t know much about would you guys?
Let’s see how MOBE stacks up to the program that’s responsible for me being able to quit my job in 10 short months
Here’s My Verdict On My Online Business Empire
Anything that you have gotta pay for just to be able to promote it is definitely a ponzi pyramid scheme and you should definitely avoid it.
I gave this one a try and as you can see it is a very expensive and very dishonest program to get wrapped up in. You could very well spend $10,000’s in no time. I don’t want to see that happen to you.
Here is my suggestion to everyone here today
If you came here reading this to check out the company and find out if it was legit or not I’m glad I could help you out today.
But, I want to take it one step further and show you a real legit place where you can start making good money online without being scammed.
That would be Wealthy Affiliate! You can get started for FREE and you also get 2 free websites to get your business up and running. I have covered so much in this review and I hope that it has helped you out and gave you enough information to avoid this scheme altogether.
If you have been a previous member of MOBE, you are a current member now, or you were thinking of joining. I would love to hear your comments, questions, or anything you would like to add below.
I will get back to you within 24 hours or less
Your Friend Scott
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About The Author
Hi there, my name is Scott and it’s a pleasure to make your acquaintance. I started this website back in 2013 to help educate other people like you about the many diverse ways to earn an income from the internet.
I expose the latest scams, show you some of the most profitable ways to earn money online, as well as share tips and tricks with you that I’ve learned along the way.