My Own Business Education/ My Online Business Empire
Overall Score: 2/10

Founder: Matt Lloyd
Price: $49 + $19.95/month, loads of upsells up to $30,000
Website: www.mobe.com

Hey there readers! It’s time for a new review, this time of the popular MOBE program. Is it an opportunity, or just a big trap?

What is MOBE?

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My Own Business Education, or My Online Business Empire, or MOBE, is a program designed to get you running an online business quickly, making thousands of dollars a month in the process.

If you’ve been in the affiliate marketing industry for longer than a day, you know that description is nothing new. MOBE, formerly known as My Online Business Empire/Education, or My Top Tier Business, stands out, though, for it’s outrageously high prices and horrible reputation.

As with all MLM (multi-level marketing) schemes, MOBE makes you buy products to promote them. This is itself a farce, but MOBE gets worse.

MOBE was founded by marketing guru Matt Lloyd. There is no doubt that Matt is a professional, as MOBE generates millions of dollars a year. But Matt is also a scammer, and a big one at that.

If you’re about to drop your hard-earned dough on MOBE, read this review first.

What’s the Good News, Bub?

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No matter how bad a program is, it always has a bright side, however small it may be.

In MOBE’s case, the training included is somewhat usable. Of course, like other MLMs, this training is only useful for promoting MOBE itself.

As for commissions, MOBE offers extremely high payouts. You can make several thousand dollars for every sale. If your only care is money, MOBE is a good choice. Wait, scratch that. MOBE is terrible, even if you’re chasing money.

That’s really all I can muster. On to the bad news!

The Bad News

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These programs… this section is always filled to the brim.

The first thing that comes to my mind is an aforementioned trait of MLM schemes: they only teach you how to promote the product you’re using. Looking to build a site around your passion for woodworking? Good luck with that.

MOBE boasts a community of fellow marketers and a Facebook group, but it’s nothing special compared to what you get with better programs.

The products themselves are ridiculously expensive, reaching up to $30,000! That’s just one upsell out of at least a dozen! It’s true that commissions are high, but that doesn’t mean much when you’ve already spent tens of thousands of dollars!

That takes me to the affiliate program. I’ve said it in every one of these MLM reviews; affiliate programs should be FREE. There, a bold italicization. But MOBE charges $20 a month, and that’s the beginning!

I’m just scratching the surface here. Let’s examine MOBE’s memberships, shall we?

MOBE’s Memberships: It Doesn’t Stop at $49

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In short, MOBE teaches you how to set up an online business. Namely, build a website around a niche. But as you’ll find out, the only way to make real money is to make that niche “promoting MOBE.”

At first glance, the 21-step training costs $49 (plus the $20 monthly to be an affiliate). Fair enough.

This $49 gives access to the 21-step training, and assigns you a coach. If you don’t have Skype, you’re gonna have to change that, because that is how you communicate with your new ‘friend.’

But unbeknownst to you, that 50 bucks will only get you to Step 6 of the training. Of course, there’s no indication that this is a thing; a common trait among these programs. Once you get to Step 6, your coach will tell you to shell out $2,497 to continue on!

That preposterous upsell unlocks the rest of the steps, and costs $100 a month. This main MOBE membership (or “Silver Masterclass”) gives you the right to promote it and other products the company offers, which carry a higher payout compared to the $49 membership.

Beyond MOBE’s Main Membership

So effectively, that $2,497 is a necessity if you want money out of MOBE. But there are products not covered by the MOBE membership, although you need MOBE to promote them. Take a look at some, and be aware these all have 90% commissions:

• $49 – 21-Steps (6 steps, in reality)
• $19/month – Affiliate Program
• $97/month – MOBE Elite Earners
• $194 – My Email Marketing Empire
• $194 – OPT Formula (Something about outsourcing)
• $194 – Funded Proposal
• $291 – Affiliate Bonus Domination
• $9.95 – IM Revolution Handbook
• $9.95 – 7 day trial for MOBE Inner Circle

Wanna promote these? Well you’re gonna have to buy every. single. one. OK, just the ones you want.

There are also products that give 50% commissions, though obviously they are much more valuable inflated:

• $997 -Add the Nitrous
• $997 – Online Income Revolution
• $997 – 90 Day Challenge
• $997 – Six Figure Coaching Secrets
• $1997 – 10,000 Leads in 100 Days

If you want to promote even one of these, you’re gonna lose $1000. I  should also mention that the $2,497 MOBE membership itself carries a 50% commission as well.

So now where are we? What we thought was a $49 business opportunity has morphed into a $7000 disaster.

It Gets Worse

Those aren’t the only upsells, I’m sorry to report. There exist four higher tiers of membership (after MOBE), and each requires you to purchase it before earning commissions on it. These all earn you 30% commissions, provided you’ve bought them already:

• $4,997 – Gold Masterclass
• $10,297 + $149/month – Titanium Mastermind
• $17,164 + $299/month – Platinum Mastermind
• $29,997 + $299/month – Diamond Mastermind

I wish I had a witty remark for this, but I don’t. This is where MOBE jumps from “overvalued” to “blatant exploitation.”

Look at those prices! $30,000 for the top level?! That could pay for a brand new car! You could buy a HOUSE with that money! Heck, in some countries you can buy land, and build a mansion outright with that dough.

But no, MOBE wants you to spend it on their trash memberships, that exist only to be sold to someone else and have no real value (even if it did, it’s nowhere near 30 grand).

So let’s see… if I add up all these costs so far…I end up with…hold on..

almost there…

$72,521!!!! That leap from $49 is bigger than the leap amphibians made from sea to land! And that’s not including monthly fees.

Oh yeah, if you actually make a successful referral, and the guy you referred joins a tier higher than yours, you get nothing. So if my morally bankrupt self referred my good friend Cole into MOBE, and he bought Diamond (poor soul) and I’m only at Platinum, the commission goes to the guy who referred me.

Isn’t this starting to sound a little unethical? Well, there’s a lot more in store to convince you.

MOBE’s Training & Support

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Considering that MOBE costs well over $2000 to start, you’d think you’d be getting the highest quality online business training on the Internet. Sadly, you’d be mistaken.

The 21-step program is built around buying Matt Lloyd’s products, and getting other victi- er, referrals to buy said products.

Those 2 points are the reason the 21-steps work to slowly make you buy each upsell. Each step focuses on a different product. So basically the training is the milking phase, where Matt “exhausts you of your buying ability,” in his words. Yes, he says that.

The training itself is vague, much like MOBE itself. Of course, I’m talking about the $49 training here.

Once you’re dry, you can start promoting the products and earning those sweet commissions, provided you bought them, of course.

Typical of most MLM programs, MOBE’s support is weak. The ‘coach’ you receive after paying $49 is present only to make sure you upgrade to the main MOBE membership.

Predictably, the customer service gets better as you spend more. But if you’re still only $49 in, you’re better off either getting a refund and walking away or going deeper.

Speaking of refunds, only the original $49 is refundable. So if you bought into the $2500 MOBE membership and any other upsells, you’re stuck. This is a huge red flag in internet marketing programs, so if you somehow decide to join, beware.

The Shady Side of MOBE

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There’s more to support the accusation that MOBE is a scam besides the content and price. Matt Lloyd is a notorious liar, and his actions in this company prove he can’t be trusted.

Before you pay your $49 (which is presented as the only cost), Matt promises to give you $500 if you don’t make a thousand dollars in your first month. Nice deal, right? Wrong!

The “guarantee” only applies if you finish ALL 21 steps, which is fair until you remember you need to pay $2,497 to get past step 6! Nowhere are you informed of this. In fact, you’re not even informed that it costs $49 if you buy through the company website!

Although blatant lies are enough for me to determine a scam, you may want more proof. How about the fact that MOBE has had a bunch of name changes in its lifetime?

In the past MOBE stood for My Online Business Empire, and My Online Business Education, and My Top Tier Business, and a few other changes. Now it’s My Own Business Education. Scams like these change their names a lot. You can probably guess why.

There’s also the fact that MOBE is based in a plethora of countries. The main office is in Malaysia, of all places, even though Matt Lloyd is Australian. Want more? The servers and the website are based out of Panama, for crying out loud! After the Panama papers debacle this year, that should ring a few bells.

Why does Matt have a foot in every corner of the planet? If MOBE is a true blue business opportunity, why does it change its name every year or so?

I’ll tell you why: MOBE is a pyramid scheme. The only way to profit from it is to sign up other people. There’s no other way to describe it. It has all the hallmarks: insane prices, the fact that you have to buy products to promote them, the high likelihood of losing money…

Not convinced yet? Next is the kicker.

The Kicker

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This is MOBE’s income disclosure, courtesy of MOBE itself. As you can see, 55% of all “consultants” (active users) make less than $700 a year. Considering that the main MOBE membership costs $100 a month, more than half of active users lose money.

Maybe you’ll get lucky and earn more? You’ll still only have a small chance to make anything close to a living. Let’s just rip some text from the same page that the table is from, shall we?

Amid all the damage control, you can see that the average active user earns less than $700 a year, while the average user overall earns less than $250 a year. That wouldn’t be such a problem if the costs weren’t enough to finance multiple heart operations.

You’ll also notice that the ‘average’ user fails to complete the 21-step training. What a mystery! I think I can name 2,497 possible reasons as to why.

Cataclysmic Costs! The MOBE Verdict

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I could go on and on, but by now it’s clear what MOBE really is.

If you search around the web, you’re likely to find many positive reviews about MOBE. All I have to say to that is, Phoenix Power Rising also had many positive reviews, and that was a debacle.

Those reviews are made by the same people who bought into MOBE and can’t get out. They’re forced to get referrals because sadly, refunds aren’t possible. So they have to defend MOBE, such as by saying that success is only possible with investment and hard work.

While it is true that success requires hard work and investment, that is no reason for MOBE to be priced so high. As a matter of fact, MOBE’s website brags a lot about the rich and lavish lifestyle you could live, barely touching on the hard work part.

Believe it or not, there was a time when I thought Empower Network was the priciest program ever. Then I met Six Figure Mentors, which trounced EN. Then MOBE shows up and I wonder what the ceiling is on upsells.

If you listen to MOBE affiliates, you’d think that running a business online is so expensive you’d save money with MOBE. That’s… really not true.

The truth is, an online business can be run for $40-$70 a month nowadays, between the cost of hosting, email, and a domain name.

If you’re so rich that you can afford MOBE’s upsells, and can sell them to other people, then MOBE might be for you. But unfortunately, it’s pretty likely that most MOBE customers don’t have that much, which makes their exploitation that much more frustrating.

Should you really have $30,000 to spend, I’d advise opening a McDonald’s or Subway joint. That kind of franchise is worth it. And if you insist on MOBE… well, that’s your decision. Just be careful with the high prices.

A Better Choice

If you really want to make a living online, there are way better (and cheaper) options. The best one for me would be my Super Program, Wealthy Affiliate. That’s where I started my online business, and in hindsight, I wish I had known about it before falling into scams myself.

It works like this: $47 a month. That’s it. No upsells, no hidden costs, no lies. And unlike MOBE, there’s a free membership, where you can actually test it out and see if it’s for you. You get 2 websites for free, so that already puts it ahead of MOBE.

Even if we stretch the truth a few thousand miles, and say that MOBE is as helpful as Wealthy Affiliate, WA is still a better choice, since it doesn’t cost an arm, a leg, and a bank loan.

Check Out My Super Program Here!

What do you think of MOBE? Do you agree with my review? Leave a comment down below! Don’t hesitate to ask some questions!

Your understudy in upsells,

-Makki

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