Is My Business Venture a Scam? eCommerce Simplified?

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Is My Business Venture a scam or not? It's a question so many have asked that I decided to check it out. This company promises they can help you get started making money online, but can they live up to the claims they make? Or is it just a bunch of sales hype to relieve you of your cash?

Let’s take a closer look and find out…

 

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Is My Business Venture a ScamCompany Name: My Business Venture

CEO: Thomas Stridiron

Price To Join: $2795

My Rating: 6.5/10

 

 

~ My Business Venture Reviews ~

 

What Is My Business Venture?

My Business Venture is often shortened to MBV and this company has been around in one form or another for 25+ years now. They offer what they call a turnkey solution to doing business online, so you can hit the ground running and start making money sooner rather than later. The idea is you get a ready-made online business, kind of like a business in a box.

MBV tend to focus on premade eCommerce websites, where you can make money from product sales as an online retailer.If you want to learn how you can easily build your own money producing website for free, then check out the awesome training at Wealthy Affiliate.

 

How It Works

Taking all the hard work out of setting up an online business that stands every chance of being successful, My Business Venture give you all the tools you need to keep your business in the game and a step ahead of the competition.

A quick breakdown of what this company does for you includes:

  • Professional website
  • SSL Certificate
  • Live, updated product feed
  • Over 15,000 products to choose from
  • State of the art, high speed hosting
  • Credit card payment gateways
  • Encrypted shopping cart
  • Search engine submission and SEO optimisation
  • Free shipping enabled on all products sold
  • And much more…

This is all set up for you so you don’t have to. Many people who want to sell products online don’t know where to even begin, let alone source all the products, set up a workable, attractive website complete with payment gateways. A complete novice can be set up and start selling products online in no time when it’s all done for you.

If you would like training to make money online that starts with a free trial, click here…

 

This Is All About Drop Shipping

The very reason MBV can have all this done for you and provide you with over 15k products to choose from is because they are using the drop shipping model of doing retail. This just means that instead of buying products wholesale, stocking them and then shipping them out when a sale is made, you get the manufacturer or wholesaler to do all that.

You list products on your site at the retail price. When someone makes a purchase, you send through the shipping details to your wholesaler and pay them the agreed wholesale price. They ship the product out and you keep your profit.

It’s a pretty simple and very cost-effective business model.

 

 

It’s Not As Easy As It Seems

Sure, My Business Venture will set up the store for you, complete with domain name and website hosting, but that’s where it pretty much ends for them.

Okay, you now have a beautiful, fully operational eCommerce store filled with products relevant to your niche. Now what?

How do you get the word out? No one knows about your store. Where is your traffic going to come from? Where are the customers?

This is the actual hard part. Now while MBV may SEO optimise your site to some degree and offer you tips on advertising and marketing, you still have to implement that and work your butt off getting the word out there. You won’t likely be making any sales within a few days of opening your virtual doors. Not unless someone you know visits your store at your request and buys something.

Most likely you will need to start paying for Facebook advertising to drive traffic to your new site, promoting your best and most lucrative offers. Writing fresh blog content will also help bring in organic search traffic.

Either way, you’ll be spending considerable time and money marketing your new store, so that’s something you’ll need to keep in mind going into partnership with MBV.

 

Tools and Training

All the tools you need (apart from marketing) come with your new website. As far as training goes, the training tends to be tailored to your specific needs. You’ll be shown how to do everything you need to do on your new website, including exactly what to do when orders come in.

 

Target Audience

This product is definitely aimed at people looking to get started selling products online, but need a ready to go option, and one where they don’t need their own product line. Drop shipping is eCommerce simplified. It’s also far cheaper as you don’t need to buy stocks.

 

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What I Like

  • What My Business Venture offers totally streamlines the process in an all in one package
  • You get all the tools you need to operate an eCommerce store
  • Even people with no experience can have a go at this
  • The company has been around for a long time

 

What I Don’t Like

  • You won’t likely be making money within a matter of days
  • You need to learn how to do all your own marketing
  • Drop shipping is simplified, but still not as easy as it sounds
  • It’s actually fairly expensive for what MBV are offering

 

How Much Does My Business Venture Cost?

There are 3 different ways you can get started:

  1. Standard = $495 deposit, followed by 36 payments of $99.83
  2. Professional = $2795 one off payment
  3. Enterprise = $3995 one off payment

You really want to go for the Professional package at a bare minimum, both to save money and receive more features.

 

My Business Venture Packages

 

Is My Business Venture a Scam?

This isn’t a scam. It’s not a bad idea. It’s like web development with all the eCommerce tools plugged in for you so you are up and ready to go, complete with products. It’s not a bad setup, but a bit over-priced in my opinion for what you actually get.

You can really set up a cheaper online store with the drop shipping method through Shopify. Developers there will even help build your store if you need them, for a smaller fee. Generally you can do most of it yourself though.

Overall not too bad.

 

My #1 Recommendation

If you want to learn about making money online, building out websites or setting up an eCommerce site yourself, do the training I did. It teaches you how to get started in a step by step manner and you can even earn as you learn if you decide to go the affiliate marketing route like I chose.

Either way, the training truly is invaluable and well worth doing. You can even get started and take a look with their free trial.

Click the banner below for more detailed information. Takes 5 minutes to read my make money online (MMO) guide and is well worth a look.

 

Make Real Money Online

 

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Darren Burton

Site Owner
I am an author, online entrepreneur and internet marketer. I work from home and anywhere else in the world I choose to work. I've been making a living online since 2010, and you can do it too. I'm here to help.

2 thoughts on “Is My Business Venture a Scam? eCommerce Simplified?

  1. Hi Darren. That was a really informative post. I can’t say as I like the idea of paying $2700. for the MBV. It feels like a little too much to me also.
    Over the last couple of years I have joined Fred Lam and Anthony Morrison. I really like Fred but not so thrilled with Anthony Morrison. I recently joined WA and I must say, the training is the best there! The help available is amazing. I am new to it but find a ton of value learning how to do everything from the marketing to the website building.
    Thanks again for the post. To anyone out there looking into starting their own online business, WA is the best I’ve come across.

    • Hi Jill. Yep, $2700 is a big asking price for sure. My Business Venture is not a bad platform if you have the budget for it and they really do teach some good stuff for drop shipping, but many beginenrs are not going to be able to afford it.

      I’m not a fan of Anthony Morrison myself. I’ve heard a lot of negative stuff about him.

      Glad to hear you found your way to Wealthy Affiliate. It really is one of the best and cost-effective places to learn how to make money online.

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