This page is dedicated solely to MOBE (and my MOBE [My Online Business Empire now My Own Business Education] Review) which stands for My Online Business Education [or My Own Business Empire], formerly known as My Online Business Empire.
On this page, I will provide you with a fully comprehensive review detailing exactly what MOBE is, how it works, what’s involved/required and I will also detail the costs involved.
It’s worth pointing out that I’m not currently a member of this My Online Business Education (or any of it’s other products), which means I am not currently promoting it. That doesn’t mean that I don’t recommend it. Stick around and make sure you go through this page in its entirety as I will share the one thing which could make or break this business for you.
The Founder, Matt Lloyd
Matt Lloyd founded MOBE back in 2011. Since launching, a lot has changed and this “online business” has turned into a huge success, with over 160 members of staff, 12,000+ affiliates and a whopping thirty-five million dollars of documented income made by members.
But it hasn’t always been this way for Matt Lloyd. Born in Australia, he was a college drop out and he knew exactly what it was like to fail. Fast forward to today, he is the CEO who has personally generated over eighty million dollars (and counting) and there seems to be no slowing him down.
The Products (Pay attention)
MOBE itself has changed the way in how it’s marketed and what it is. Think of it now as a business education company, or as I like to think of it, a university for entrepreneurs. It provides training, both online (digital) and offline (events, seminars) and also provides services.
Some of the most well known, or “flagship” products are as follows:
My Top Tier Business known also as “MTTB” and more recently “The 21 Step System”.
This, in my opinion, is probably the most well-known product within the product line and I would take a guess that it’s the reason you’re on this page right now. For $49, I refer to this as the “entry level” product and it’s probably one of the most beginner friendly products out there, period. The product which I am referring to is of course My Top Tier Business (or the “21 Step System”).
The “21 Step System” (aka My Top Tier Business) pretty much refers to how the course is set out. When you join, you are given a 21 Step plan to follow along with a coach, which you speak to, most likely via Skype. Most of the course is “locked” until you speak with your coach. You will speak with them as you work your way through the steps and you will not be able to just “skip and skim” your way through everything as most of the steps require that you acknowledge you’ve been through the steps and followed the instructions for that given step, some will also require you speak with you coach before you advance.
Obviously, this can get annoying, especially if you’re not a beginner, or if you just want to go through things at your own pace, on your own terms.
Some of the topics which are covered are:-
As you can probably see, this is centered around “upselling” you softly (with help from your coach) into continuing with the program. Or, in other words, getting you to “position” yourself so that you can earn the $1,000, $3000 and $5,000 commissions which are referenced on the sales pages and videos.
More on that below.
The Licence Rights also known as MLR (Mobe License Rights) and more recently “The Licence Kit”
When I first got started with MTTB (My Top Tier Business), it’s ultimate goal was to get you to purchase the licensing rights (MLR aka Mobe License Rights) which then would cost you $1,997. I see that a few things have changed recently. For the first seven days, you can secure your license kit for just $297. I’m not sure whether this is scarcity, or if it really does go up to $1,997 if you don’t purchase within the seven days.
Whilst doing my research I also come across the following:-
That is taken from the sales page for the MOBE Licence Kit. It fits in with what I was saying above, regarding how the MLR (Mobe License Rights) used to cost $1,997. But, I’m a bit confused about the whole “voucher” thing.
Anyway, here is what the License Kit ($297) is:-
“How To Make Millions Selling Other People’s Work”
A 7-day course educating you on why licensing other people’s products is the way to go. Doing so, allows you to skip the process of building your own products, systems, and funnels.
It’s also beneficial to complete beginners as you can leverage other people’s success and testimonials. One of the main problems beginners have when they first start is thinking people won’t listen to them or “join them” in whatever they’re pitching as they don’t have results personally.
Once purchased you can earn 90% commissions across the top 5 MOBE products and also earn commissions from the license kit.
The Inner Circle
Ranges from $99-$299 monthly. Originally, these were audio training made by the top earners within the company as well as the physical newsletter (mailed to you) and various training videos and webinars.
Events such as the Home Business Summit and relevant “Masterminds”
Another thing MOBE is known for, are its events. Specifically the Home Business Summit, which happens multiple times every year at a range of different locations, worldwide. To attend as a VIP, it costs around $497/ticket and for those of you who can’t physically attend, you can “live stream” it for $97.
They are also known for the various different masterminds and retreats i.e. Platinum ($5,000 – $9,000 commission) and Titanium (pays $3,000-$5,000 commission). These are events hosted at exotic locations around the world where you will learn the more “advanced” side of things direct from “top earners” as well as the chance to network with like-minded individuals.
These are what pay the “big ticket” high-end commissions, but as far as I know, these are the only things where you need to actually buy a ticket and attend them to actually earn commissions on them (obviously you can’t license the actual event).
Compensation Plan Explained
Since there are so many different products and services which you can earn commissions on, some having different payouts than others, below is the official MOBE Compensation Plan video which will cover everything for you.
It’s easy to get confused when typing, so the video should eliminate that and you can view at your pleasure. I will leave some takeouts below the video.
Some important figures:-
- Earn up to 90% commissions across the top MOBE products
- You can earn up to 50% commissions promoting products from the marketplace (without owning them)
- The affiliate fee is monthly and costs $19.95 (aka “consultant fee”)
- You earn 5% on any sales your “referrals” or “downline” makes.
If you are confused, watch the video. If you are then still confused, re-watch the video.
Is MOBE a SCAM? (MTTB Scam, 21 Step System Scam etc)
The word “scam” gets thrown around too loosely in my opinion. I’m not an affiliate, so I’m not going to make any money from recommending it to you. With that in mind, do I recommend it? Kind of. Allow me to explain.
At the beginning of this review, I said there is one thing that could make or break this business and that is the cost.
Now, don’t get me wrong, I will never label anything a scam because there are further costs required (unlike some marketers). The fact is this is a real business which you are franchising. High ticket does not equate to something being scam.
Yet there are a lot of products, specifically the ones which pay the big commissions, which you need to “own” or rather “attend” in order to qualify for commissions on them. For some, paying $30,000+ starting out is completely out of reach.
That doesn’t mean that you can’t do it later. Ultimately it’s a trade-off. Big investment, big payout.
In my personal opinion, I would recommend this type of business to people that have already gone through the “beginner” phase. If you are an intermediate to an advanced marketer with a good budget for positioning and ad spend, then sure, you can make a lot of money with this program.
I have tried to be as unbiased as possible when writing this review. I’ve tried to present the facts to you in an easy to digest form. It is up to you to provide your own diligence and conduct your own research. Do not take anything on this page as being fact. Things change over time, meaning this page could be completely irrelevant depending on when you view it. I will try my best, over time, to keep things up-to-date and fresh with any updates made. Again, ultimately it’s up to you to conduct your own research. I am not recommending or “not recommending” this product.
If you are a MOBE member, affiliate, ex-customer etc I invite you an open discussion via the comment section. If you feel I have left something out, got something wrong or simply want to share your experience, please do so.
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