If you are looking for a business opportunity in e-commerce and dropshipping, that is already done for you then you might like to consider
My Business Venture.
This is a company that has been around a number of years but is a ready-done dropshipping system the right way to go?
Or wouldn’t you like to create a business from scratch that you can call your own and that would be so much more rewarding?
I know sometimes we struggle with allocating time to other things especially if we are trying to hold down a job and bring up a family.
Of course, the choice is yours, but I’m sure you want to know if My Business Venture is a scam or if My Business Venture is a legit business opportunity.
After all, this venture will be costing you a considerable chunk of money just to get started so you have to be 100% certain that this is right for you or not.
But before we get started we just want to set the record straight and tell you that we are not associated with My Business Venture in any way.
That means that we can provide you with an honest, unbiased account of what MBV is, with all the facts, pros and cons plus so much more.
This will hopefully make your decision whether to move forward with MBV or not a lot easier.
With that said, let’s begin.
[Affiliate Disclosure: This My Business Venture Review has been thoroughly researched from information and testimonials that are in the public domain. This post may contain affiliate links which means we may earn a small commission, however, this won’t affect what you pay!]
Product: My Business Venture (or MBV)
Founder: Thomas Stridiron
Website: www.onlinebusinessventures.com
Product Description: Done for you e-commerce dropshipping business
Cost to join: From $3995
Recommended: Maybe
Summary: E-commerce and dropshipping are seriously getting some traction nowadays with so many people interested.
It is after all a straightforward business that anybody can learn, even complete beginners.
The biggest hurdle in dropshipping is finding the right products and products that people want and therefore trending products.
It would appear that My Business Venture already has you covered here with products that are available for you on these ready-made websites.
The problem is that unless they change these products on a regular basis then you are going to have a static website with products that can be bought elsewhere.
People want interesting and trending products, not products that can be bought at Walmart and Amazon.
This could be for anyone but who it isn’t for is someone who thinks they can chuck a load of money at it and expect massive returns.
Any business no matter what it is takes a lot of hard work.
But with My Business Ventures, you have most of the work that is already done for you so you can focus on marketing.
So who could this business model be for?
Anybody who doesn’t know anything about e-commerce and dropshipping who only has a certain amount of time.
Someone who is looking for another business outlet to compliment what they already have.
All the same, that person has to be hard working and determined to succeed.
This is not a get-rich-quick scheme!
Is My Business Venture Worth It?
That depends and to find out you are going to have to shell out between 4 and 6 thousand dollars.
With no comebacks and no guarantee that you will ever make this business a success isn’t it a jump too far?
Not to mention there is no refund either.
Furthermore, we understand that part of the interview process is to check to see if you are a suitable candidate so that you are not wasting your time or theirs.
How that works we are not sure because these calls use high-pressure sales tactics, and in our experience, we have found they are only after a sale.
At the end of the day, you are paying for a website that will have around 2,000 products for you to promote.
We have looked at a couple of these sites and the products that are displayed can be bought on Amazon for much less.
The amount of time and effort to see any returns is going to burn a big hole in your bank account with paid advertising.
Not just that but people are looking for a product, something that is trending and the products on your website don’t fit that criterion.
So, I am going to stick my head out and say My Business Venture is not worth it but that is only my own opinion.
Can You Make Money With My Business Venture?
Yes, of course, you can make money with My Business Venture but how much that is entirely down to you and how hard you work at it.
At My Business Venture, they claim that you can be earning within 30 days but one or two sales isn’t earning as far as we are concerned.
You have to look at this long-term and months rather than weeks and that all depends if you can crack the marketing aspect.
I personally would consider affiliate marketing because there you can start on a very low budget and there are no restrictions at all.
You wouldn’t have to find thousands of dollars and the principle is the same as dropshipping except you are paid a commission instead of a sale.
My Business Venture Cost And Refund
It is going to cost a considerable amount of investment with My Business Venture which comes in three packages.
Starting with the Enterprise package which will set you back $3995.
The second is the Premium package which will cost you $4995.
The third which is the Millenium package will cost you a hefty $5995.
So what do you get for your money?
You get to select over 2,000 products from over a million and depending on which package determines the level of training you get.
As you can see depending on which package you choose would determine what level of training you received and this is for life.
Starter – $395
Silver – $695
Gold – $995
Platinum – $1,495
Please note: All accounts require you to have a merchant account in order to take payment on your website.
Merchant accounts are provided by i3Verticals, LLC which is registered to the Merrick Bank, UT
Are There Any Upsells With My Business Venture?
There are no upsells as such but there are a lot of additional business solutions that you might need to purchase.
Are There Any Additional Costs We Should Factor Into My Business Venture?
As you will have already paid for a complete e-commerce dropshipping solution then all you have to do is get the word out there.
Find your target audience, people who are looking for what you have to offer.
The fastest way is obviously paid marketing either through Google, Bing or Facebook which is what people tend to use.
Facebook marketing is another learning curve because campaigns never work as you want them to, they require a lot of tweaking and this all costs.
But, as most of the real hard graft has already been done then you have more time to focus on this area.
Is There a Trial Period Offer With My Business Venture?
No, there is no trial period with My Business Ventures.
Is There a Refund Policy That Comes With My Business Venture?
This is a full commitment so you’d better have made the right decision because there are no refunds here.
The company started in the early 90s and has been operating for 2 decades which has to stand for something.
All In One E-commerce Solution:
Having everything done for you might appeal to many but don’t think that this is going to make it any easier to succeed.
Marketing and finding sales are key to any success you may have.
Provide Training That Comes With The Packages And For Life:
They do have an independent training platform which they are calling MBV University which you get access to if you purchase one of the 3 packages.
Remember, this training is for life and covers social media marketing in abundance.
Better Business Bureau Approval:
The BBB accredited My Business Bureau with an A+ rating which goes back to 2009 and basically gives you an indication of how good a company is performing.
What we Don’t Like About My Business Venture
Very Expensive And Not For Most People:
The idea of a ready-made website with a bunch of products to promote might sound like a good idea but in reality, it isn’t.
But to find out it will cost you between $4 and $6 thousand dollars.
Dropshipping Is Not As Straightforward As It May Seem:
Just promoting a website with a load of random products is not going to work, they need to be what people are looking for and different.
That’s why people who get into this business take a lot of time selecting just the right products.
Get the right products and master marketing and you might have a business.
Selecting The Right Products:
We have already mentioned that products have to be trending and what people want or need and the trend usually has a lifespan.
What you are looking for ideally is the start of a trend.
Paid Advertising Is Expensive:
It doesn’t matter how much experience you have at marketing it takes a lot of time and trial and error to get a campaign to work as you want it to.
Don’t Be Fooled By The Sales Call:
The sales call is just a power call from probably a sleazy type car salesperson who is not interested in your welfare.
He or she wants your money because he or she is on a commission and couldn’t give a damn about you no matter what questions you have.
Well, that is the type of experience we have regarding these tactics!
Currently Only For The US And Canada:
As of this review, My Business Venture only ships to the US and Canada but that doesn’t mean that you have to be resident in those countries.
I just think that is the way they like it.
Can’t Find Customer Reviews On Third Party Sites:
Don’t you find it strange that you can’t find reviews and testimonials anywhere other than the My Business Venture website?
You would have thought there would be tons of people shouting from the highest rooftops.
My Business Venture Review – Final Verdict!
With this business opportunity, you have to be 100% certain that this is the type of business you want to get involved in as there is no going back.
If you want to pursue this further then by all means check out more reviews first before taking the next step.
If you go through and arrange the sales call, ensure you have all your questions that you want to answer down on paper.
Furthermore, do not let them bully you into handing over your credit card details, this will be a sales pitch from an experienced salesperson.
But if you are looking for a more cost-effective business opportunity please continue to read further.
Dropshipping – Alternative Solution
It’s called affiliate marketing which is very similar to dropping shipping except you don’t have to worry about using a digital store.
The principle is the same in that you are the middle person and direct the customer to the merchant except you get paid a commission on a sale.
It also means that you are not restricted and are much more flexible.
Is a great and one of the best ways to create multiple income streams.
I have personally been a member of Wealthy Affiliate since 2017 and the main reason why I was able to kiss goodbye to my 9-5 job.
Hey Guys and Gals, great to meet you and hope you enjoyed this post. We created this site to help people like you avoid the pitfalls of making money online and hopefully steer you onto the right path. ENJOY!
View all posts by Mick
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