Name: My Online Business Education (MOBE)
Website url: www.mobe.com
Price: $49 + 19.95/mth + upsells (up to $29,997)
Business Location: Malaysia
Owner: Matt Lloyd
Recommend For: People With Substantial Budget
**UPDATE: MOBE, Ltd is Now In Receivership and Has Been Declared to be Fraudulent By the FTC
MOBE, How to Determine if It’s For You
Is My Online Business Education (also referred to as MOBE) a legitimate opportunity or another run of the mill Internet scheme? I am going to help you come to the conclusion within this review by offering you the facts and walking you through the various aspects of the program.
You may have seen information online where this program is referred to My Top Tier Business or My Online Business Empire (along with a couple of domain name changes). This is because these were the former names prior to it’s name today. They are all connected.
Within this review, I am going be explaining exactly why many folks share a negative opinion on this program. I am going to explore exactly what this system involves and what Matt Lloyd and the team over at MOBE are offering to their members and how they are building a business by offering products that cost $10,000’s.
At the end of the day, it is you that works very hard for your money so before you invest it into any program online, you should truly understand how something works and how much outlay of money is involved.
The Pros vs. Cons of My Online Business Empire
- Some good training (lots of it directed at promoting MOBE)
- High commissions (if money is your only focus, not value)
- Too many unnecessary “upsells”and “downsells” within the system
- Poor customer support and a low level “community”
- Feels like you are buying products just so you can sell them
- Products are VERY expensive
- The system is built off of big name gurus with big lists
- Very difficult to get a refund (they make it tough)
- There is little focus on creating a “niche” business
What Exactly Do You Do As a Member of My Online Business Education?
When you join a program like this, you are anticipating like the name indicates, that you are going to be building an online business with MOBE. But what does that entail?
To be completely honest, not what you may be expecting in particular if you have been sold on the idea of the $49 top tier business 21 step program . This MOBE scheme, like many of the MLM (Multi-Level-Marketing) programs is focused on you buying into the program itself so that you have the “right” to promote the very same product to others. There is no obligation to do so, but if you want to earn more commissions, the quickest way to do so is to upgrade your membership to one of their memberships.
These include the following tiers:
Standard Affiliate: $19.95 per month
MLR: $2,497 one time + $99 per month (inner circle)
Titanium: $9,997 + $199 per month (inner circle)
Platinum: $16,667 + $299 per month (inner circle)
Diamond: $29,997 + $299 per month (inner circle)
The typical form of payment within the program is done through bank wire as there are 3% additional processing fees tacked on if you want to user your credit card to purchase.
Although it is stated that you can build a business within any niche you like (and you probably could), the very essence of the program and the commission structure sets you up in a way where you are more than likely going to end up promoting MOBE. Whether it is as a Standard $19.95 per month affiliate or through the MOBE Marketplace or selling people on the upper tiers of the program which range from $2,497 to $29,997 in price.
Is a $49 Product What You Are Being Sold On?
Many folks have voiced their complaints in respect to the fact that affiliates of this program are encouraging them to join for $49 only to realize that there are more costs associated with the program if you want to promote the higher ticket programs.
Level 7 of the 21 step training will indicate this in more detail if you do decide to buy the program, but as you BUY INTO the higher membership tiers (up to $29,997 for the Diamond package)…you will be able to promote these. You will then be taught a variety of marketing methods, many of which are geared towards how to sell other people into the My Online Business Education (formerly known as Empire) system.
All of the successful folks within this program (and I wouldn’t doubt some of them are great marketers), are making money through selling MOBE. You don’t find many people sharingtheir wild success in the dieting niche…or within the hair loss niche, every single success story within this program that has been arrived upon in my research has been those selling MOBE to others.
Why? Because naturally if you spend money on one of the upper tier mobe memberships (MLR, Titanium, Platinum, Diamond) you are doing so in order to earn higher commissions, thus you are investing in the system so you can promote MOBE as your main product to others.
The initial $49 price point is very deceiving to some.. You have bought into the program but it is just brushing the surface in respect to the overall costs.
The My Online Business Education Membership Upsells. Ready for the REAL Price?
Like most of the multi-level-marketing programs in the opportunity industry, MOBE’s product hierarchy and compensation plan can be quite confusing.
Here is a full list of the products and an explanation of them. I know these are not promoted heavily at the outset of the program because if they were, it might scare those folks off that don’t have the money to invest.
$19.95/mth Standard Affiliate Program Fee – This fee applies if you want to market most of the products located within the MOBE Marketplace. You earn anywhere from 10%-50% commissions. It is unusual for an affiliate program to charge you to sell their products. Most affiliate programs are free. Charging people to promote your products is something that is much more commonplace within the MLM world.
$49 My Top Tier Business – This is the most common entrance points you will hear folks chatting about online (and that you will be “offered”). This is a 21 step program that includes a variety of training and a “free live coach”. What happens when you join through this entrance point, it indicates that you have “money” and upon you being a customer, your live coach will be in touch with you in the early stages of the training to determine how much purchasing power (how much they can sell you) within the program.
This is usually the point where someone is earning affiliate commissions off of your purchases and if you upgrade to any of the higher tiers, your sponsor is going to reap commissions as a result (along with the company, in a split commission)
$2,497 MOBE License Rights (Full Program) -If you are interested in joining the MOBE partnership you are going to be asked to pay the lofty sum of $2,497. This is a full license to My Online Business Education, which essentially gives you the rights to promote this same stuff to others. This does include some training:
- MOBE Licensee Kit
- My Online Business Empire (8 hours)
- Funded Proposal (17 hours of training)
- Affiliate Bonus (11 hours of training)
- OPT formula (14 hours of training)
- Amongst a few other modules (always being updated/added to)
If you are interested in earning higher commissions by promoting the My Online Business Education program to other people, you will need to pay for the license rights. Here are just some of the products that you will earn a 90% commission rate with if you purchase MLR Rights:
- $99 per month – The Vault
- $97 per month – MOBE Elite Earners
- $194 – Email Marketing Empire
- $194 – The OPT Formula (Outsourcing Formula)
- $291 – Affiliate Bonus Domination
- $194 – Funded Proposal
- $9.95 – IM Revolution Handbook
- $297 – MOBE Licensing Kit
- $297 – Traffic Masters Academy
- $39.95 – Instant Info Product
And that is not it…there are PLENTY more products in this program. These are the MOBE products you will earn 50% commissions with:
- $1997 – 10,000 Leads in 100 Days
- $997 – Online Income Revolution
- $997 – The 90 Day Challenge
- $997 – Six Figure Coaching Secrets
- $997 – Add the Nitrous
- AND SEVERAL OTHERS
And then there are “services” that you will be able to earn. These range from $97 for “Done for You Emails” to “$19,997” for 3 days at the MOBE Studio.
Within the MOBE program, there are currently 7 different products that you can earn 90% commissions on (if you at minimum the MLR program which is $2,497) and several higher ticket products that you earn 50% . You can also earn 50% commissions selling MLR to others, total of $1,250.
**There is one loophole in which you can become part of the next tier without paying. If you generate 5 “commissionless” sales at a particular tier directly above you. If you wanted to become MLR for example, you would have to forgo five $1,250 commissions (totalling $$6,250). Otherwise you are required to pay for the tier above you in order to be able to earn commissions within that tier.
Then there are 3 Upper Tiers:
These offer you what the MLR tier offers you plus the ability to earn commissions within the respective tier you upgrade to. If you want to earn commissions on Diamond upgrades, then you will need to be a Diamond member.
When all is said and done, if you were to purchase all of these products you would have to spend $29,997 + $299 per month for the privilege to promote the highest tier membership (and associate products) to others.
Or you could put a down payment on a house for this same amount.
You are also expected to travel to and attend conferences and meet-ups, which can easily lead to $1,000’s more of expenditures.
Not exactly what most folks bargained for when they joined the $49, 21 step program.
This is a very common marketing approach. Target people with a low price/entry point on the front end making you believe you get everything you need, when in reality there is the not-so-subtle expectation that you will be investing much MUCH more once you get inside and you are put through their highly refined sales process.
If you don’t have decent sized budget and you don’t feel like selling the same high ticket products/services to other folks, then this may not be the program for you. If you want to pay lots of money for the privilege of making high commissions then this program may be for you.
Can You Get Support From Matt? How Responsive is Their Support Team?
>Instead of speculating (which I am not a fan of), I will give you the straight proof directly from the founder himself.
See the founder of My Online Business Education response to to complaints about poor support within their system.
I suppose this sort of honesty can definitely be respected these days, but on the same token, if you join something you expect a high level of support, in particular when you are spending $1,000’s of your hard earned money. They have increased their support team in the past few years and now offer more dedicated support than they did, so things have improved.
One thing that you might find a little confusing though is where the community is located.
Instead of MOBE having a community of help within their actual back office where you can get help from your sponsors/members, you will find everyone hanging out on Facebook within their group or offering support through Facebook PM’s (assuming you have upgraded to a higher level, aka playing nice).
If you want to pay more for their dedicated support, then you can do so. But if you are a $49, 21 step program customer you are not going to get the personalized support you need as your free coach will give you more of a “meet and greet” experience showing your options within the program.
Here is an example screenshot of the Facebook group that is run by MOBE:
When you invest a considerable amount of money, you should expect to get unbelievable, high quality and expert support. Just make sure that you always ask and query a company before paying them money what type of support they are going to be offering you, how it will be delivered and are the people giving it qualified to give it (have the been in the trenches).
This is where you might be able to find Matt Lloyd on occasion if you ever do need help and there is also going to be help and interactive elements if you do spend the money to upgrade and travel to the live events.
Deep Pockets, Requires Even DEEPER Ones to Recoup Your Costs
At the end of the day, MOBE is a program you buy into, giving you the rights to promote the program to others. The more products you buy and the more you spend, the more you can promote.
Whether you believe this is the type of organization you want to get involved with is up to you. Chances are you have come to this page because someone is promoting MOBE to you. The reason they are promoting MOBE to you in the first place is because they get commissions (typically 50-90%) if you end up joining this program, rather than actually selling you training, they might be selling you into the “idea” of success.
Your goal once you get involved in the program is likely going to be to sell the system to others and push them towards the higher ticket upsells so you earn more commissions, or you will be able to sacrifice a % of your commissions and have the MOBE sales team get people to buy more stuff (which might make life easier).
You refer people to this system (often times your friends/family/social network) and the engine behind MOBE will take care of the upsells. People buy in for $49 and will realize they are going to have spend more though very quickly. These pricing upgrades are going to range from $2,497 to $29,997 for the Business Affiliate Membership Fees (with the exclusion of the $19.95 Standard Affiliate Program).
Are There More Cost Efficient Ways to Start a Business?
At the end of the day you are in control of your online/offline purchases, but if you are looking to invest into a business all websites should be completely transparent with you about the very “low” cost to entry to start a business online.
First, you can get started for free. There is great deal of information and platforms out there that can help get started online which are completely free…and this includes everything from your websites, your hosting, your training, your mentorship, etc.
Second, to buy the services required to run a business online is very low…even if you are going to be purchasing quality, industry reputable services.
To give you a breakdown on the “high” end of what it should cost to start a business online, here is some info:
- Hosting: $25-50 for quality hosting (WP Engine, SiteRubix.com)
- Email Autoresponder: $20 per month (Aweber.com)
- Domain: $15 per year (Namecheap.com)
- Website Builder: FREE (SiteRubix.com, Weebly.com)
- A Passion/Interest: FREE (you decide!)
So for $45-70 per month, you can be operating a successful business in ANY niche you want. You can be building your own brand, you can be building a successful business, and you can be utilizing the TOP services in the industry for under $70 per month. Everything included.
This is a big difference from $29,997 membership cost + $299 per month in the Diamond tier of MOBE.
If you have someone promoting the $49 program, there is nothing wrong with inquiring about the other potentials costs of the program/business. The program is MUCH MORE involved than just the 21 step program (which is the most common entrance point being promoted to folks).
Want to Take a Passion and Create a Business? See How it Works!
My Final Product Overview for MOBE
Name: My Online Business Education (MOBE)
Website url: www.mobe.com
Price: $49 + 19.95/mth + upsells ($2,497, $9,997, $16,667, & $29,997)
Owner: Matt Lloyd
Overall Rank: Doesn’t Meet Criteria
VERDICT: VERY EXPENSIVE, aggressive marketing, expensive, limited support unless you have lots of money to spend.
If you have any questions or comments or you would like to offer your own personal review or feedback of MOBE (formerly My Online Business Empire, now My Online Business Education), please share your thoughts within the comment form at the very bottom of this page.
I’m trying to get a refund from MOBE. So far no results so I’ve decided to start a progress report on my interactions with MOBE support. Started a refund request on 7/18 and received a ticket #. Followed up with daily calls to customer support (or should I say non support). Submitted a new request ask0ing for an update on my first request and got another request #. I understand that some people have actually got refunds and would love to know how they did it
After joining MOBE in June and going for the $2,300 silver/gold upsell I finally realized on around step 16 with the $10,000 upsell (this is the only way to start making real money!) and my “coaches” repeated efforts to find me a loan that I took a step back and started to do some real research. That’s when I contacted support requesting a refund. Well they gave me a ticket number and assured me that I would be contacted. Since then nothing even with call for action comments on a daily basis. The last one today was “Due to lack of response from Mobe support I’m now adding my comments to several online business blogs, on a daily basis, about my experience with Mobe support (or lack thereof) and my experience with Mobe in general and it has not been good, several people are already following my comments and the responses are growing daily. I would like to say something good, like “I had a response from Mobe support and the problem was resolved”. Your prompt action would be appreciated.
Listen everybody be careful. It uses the same strategies Herbalife uses. I got to level 7 today then they want to upsell you to the silver package for $2495.00. Even before you will start the 21 steps you sign up for a webinar (after you paid $47). If you listen carefully he gives away every single step until step 7. I have stopped there. That is why according to them 33 percent only makes this far. I guess 67 percent smells it. 🙂
yeah i agree. you know what, these “live webinars” are really NOT live. they are recorded. there are various ways to find out, those who have some computer skills can realise it. for example with some web browsers you can download a video that is currently playing. this way you can download the webinar before it has ended and that’s how you see it’s only recorded.
I got suckered into the $2300 silver/gold purchase and I’m now in the frustrating process of trying to get a refund. Anyone out there actually get a refund? If so how did you do it?
I was lead a stray by Herbalife and two many other scams. It is hard to believe Mobe is another company that backs up what they promise. Please check them out before investing. Check out what else it will cost you to get involved. It is much much more!!! Money that I had to spend thousands.
I attended a Free seminar for MOBE today and tried keeping an open mind and found the information they were spewing to make money total crap. $997 for a 3 day workshop. That’s where they’re making their money.
After reading these posts, I find all the money you have to spend to get to next level like Scientology.
When I was talking to a couple of people and telling them that this scheme is crap and do more research on other online business avenues, one of the seminar people was getting irritated over it, that’s when I walked out.
Thanks for your feedback and sorry to hear about your experience you had within the “free” seminar. You are definitely not the first to voice your complaints about this sort of activity.
If you read some of my other posts, you will realize that this sort of promotional model/upsell is all too common these days. Here is a link to my latest post on “upsells” that I think that will offer a lot of clarity as to what was taking place.
Really guys cuz I actually listened to someone totally different and I only paid $49.99 and some “coach” was supposed to call me and they did e-mail me telling me that i need to call her back, but yeah, you know that nobody answered after the 1st, 2nd, 34d, and even 4th time I called. Now please, if this is so true, please email me back or call back. I really or I would bet that I won’t get anything this is all bs period.
Attended the 3 day workshop in HK having forked out $497. I realised something was fishy on the 1st day when the ‘trainer’ asked the audience to max out their credit cards as ‘homework’!
Matt Lloyd who is that??Cus the only name I got was Mark Thomas and his wife Kassandra, what is this??
I went to a MOBE workshop presentation and they now ask you to pay $997 (or $497 if you sign up there and then) to attend a 3 day workshop where they will teach you how to set up a business selling their products. Was not impressed and left before the end.
This is a common method these days to recruit people into such programs. You attend what are touted as “free” workshops, only to realize there are much higher costs. The $497 is just the start of the costs as well, there are many other upsells that take place in such programs like MOBE. The $497 is just to determine whether or not you are a “buyer”. Once you are, then the even higher ticket upsells come.
Well I liked John Chow’s articles on IM so I bit on his MOBE pitch.
I should have listened to my gut when he said he didn’t talk about MOBE with his family (somewhere in one of the early Steps).
I should have listened to my gut when Matt gave his vacuous reason for deciding to set up in Malaysia.
I should have listened to my gut when encountering the endless websites associated with MOBE.
I should have listened to my gut when I looked over the Mobemarketplace selection of programs for sale.
I should have listened to my gut when I sensed it was a scheme of all opportunity and little product.
Didn’t listen to my gut when it heaved at the cost of the the Silver Master Class. Out over $2500.
I lost 60K with company name MOBE.COM. After attending one of the mastermind program I realized that this program didn’t offer any educational value that they promised and I paid for. Only thing they teach is showing people false lifestyle, and luring other people to join. I could not say that I was making lot of money or show other people posting false pics online or that I was having lifestyle so I can make 3k, 5k 10k commission.
I also didn’t think they offered any value so I decided to cancel but they wouldn’t give me a refund. I only attended one of the programs out of three I paid for. Please don’t listen to what any of the MOBE members say. People will say anything to make commission and claim that they are making lot of money so you will join the MOBE Empire. Even if you were to make money it’s not the right way.
I joined but didn’t use the program after realizing that I would be lying to others after I went through one of the live event. Please read the contract before you join. I was excited when I joined thinking this would be a good business opportunity and trusted Matt and his team but I was wrong. You only have three days after you sign the paper work if you are attending IM Freedom workshop to cancel out to get any of your money back.
After all this they said if you still really want to try don’t join at the higher level, they will try to convince you that joining higher level is the best if you can get credit. They will even help to get credit. This company will suck as much as they can out of you. Even after you join the Diamond level they have other programs that guarantee your success in online marketing to get more money out of you.
Does anyone have any suggestion, any way to recover my money ? I tried to contact credit card company but they aren’t much help.
Just relax and enjoy life!
Money really isnt as important as we think it is. Theres no need to be so attached to it.
If you made a bad investment, put it behind you and get on with your life!
Just tell the cc company it was an unauthorised payment. Instant cancellation while you are on the phone, no matter what it is.
I’m really worried for my father after reading these comments.
A couple of weeks ago he came for a visit and was telling all about this new company he is working on. He basically quoted the sales pitch verbatim. He was really excited. He talked about how he can afford to live his dream and make sure all of us kids and grandkids will be taken care of. When I asked him how it worked, he quoted the promotional video.
My dad is not a sucker in the least. He is usually the one telling me not to believe the BS. He used to tell me as a child that there is no easy way to make money and that there is no substitute for hard work. I immediately had concerns when he couldn’t tell me what the products were he would be selling. He told me that he isn’t allowed to know what the products are until he buys the rights to that tier. That made no sense to me.
He told me how he has already dropped almost 15 grand into the program, and has yet to “sell” anything. I immediately asked him if he did his research before signing up and he said he did. Clearly, he didn’t do enough research. My dad was never the type of person who follows another blindly. Everything he told me just threw up more red flags, so I decided to do my own research.
I’m glad I did, because this morning I open my email and the first thing sitting right there in my inbox is a BS promotional flyer from Mobe trying to get me to sign up with them. The whole thing sounded like a Pyramid or Ponzi scheme to me from the beginning. But because my dad was so excited about it I started wondering if maybe this really was something good. I cannot believe that these products managed to swindle my father. That pisses me off to no end because my dad only joined Mobe to be able to make enough money to pay for a home health nurse to care for my grandmother so that I don’t have to give up school to be with her.
They not only screwed my dad, but they screwed my entire family. I just hope my dad isn’t too far gone to listen to me and let me show him everything I have found on them before he spends the 30 grand he was talking about paying them next week.
When you purchase anything, be it online or offline, you need to ask yourself what you are getting in exchange for your money. If you are “unsure” then it wouldn’t typically make sense to spend your money on something.
You wouldn’t walk into a grocery store and buy unmarked boxes not knowing what you are getting, the exact same logic should be used when buying into an opportunity online. If you can’t clearly get something explained to you and you don’t know what you are going to be selling before you invest, then it might be a little worrisome.
Hi Kyle, I appreciate the useful information in regards to starting my own online business. I was just wondering about the Traffic aspect that Matt is always talking about spending so much money on. Are there ways around that?
There are many ways that you can get traffic online without having to pay a dime (search rankings, many social mediums, viral elements). That is something that I have been a proponent of for years and it is a shame when you have to join programs, only to find out that there are additional traffic expenses (and sometimes ones that are very high) as well as many other upsells and “levelling up” types of costs. All to typical these days.
What I can tell you is that you can start a business and build a business with a very minimal budget. $500 is the MAX that you need to operate a business for an entire year, anyone that is pushing higher costs of education/tools/websites/support/mentoring/resources is likely in the business of maximizing the money the earn off of people rather than maximizing the value they offer to people.