My Online Business Empire Review – A Blatant Scam!

my online business empire review

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

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?

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. scam meme

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?

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

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.

is mobe a scam
An excerpt from This guy’s story mirrors the line of thinking other people have when buying into this.

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

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!

my own business education review
Slick? Yes! Bank breaking? Definitely!

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

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

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.

my online business empire review
This is the most blatant lie I have encountered with these programs. Even Empower Network was only misleading!

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.

my online business empire review
Mauritius? Georgia? Why is this company everywhere?

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

my online business empire

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?

my own business education review

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

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

scam meme
You tell ’em, Zoidberg!

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,






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18 thoughts on “My Online Business Empire Review – A Blatant Scam!

  1. Another straightforward and honest review Makki. Honestly, when are these people going to learn that these MLM scams simply do not work? I’m glad you review these sites to help stop people from buying into this nonsense. This had a lot of similar qualities to Six Figure Mentors in my opinion.

    On average, how many of these programs would you say do upsells that are stupidly high priced just to make the consumer think they need to get the next best thing?

    1. Hey Ryan! It certainly resembles Six Figure Mentors, only SFM is an overpriced MLM, while MOBE is far more shady. When something sounds too good to be true, it probably is.

      Most MLM-type programs are extremely high priced to give a sense of value. The customer doesn’t actually know they exist till they pay for smaller products. Obviously, when they see how much commission they can win, they’re gonna want to buy and promote an expensive product. But it’s hard to sell, and they only find that out when it’s too late.

  2. Hi Makki,

    I unfortunately did sign up for MOBE, but I paid $97 initially. I figured it was only $97 I would try it out and see what happens. The first 6 lessons I kept waiting for the other shoe to drop. Even though there was no mention of added costs prior to signing up I knew it was coming and after completing lesson 6 I was waiting for my meeting with my coach and took to googling the company. That’s where I found Kyle’s scam blog and I immediately signed up for Wealthy Affiliate because I went to the site and realized I don’t have to enter a credit card! I can’t think of any other site where it is possible to set up a 100% free account accept for and which of course are also Kyle and Carson’s sites. I did eventually get my initial $97 investment back, but it took over 2 months and my bank 3 way calling me into MOBE’s absolutely horrible support. I am absolutely positive there is only 1 operator because every time I called in about my refund I got the same person! Your review is pretty spot on, but they have more names you may want to add. Once you pay the initial fee you are actually enrolled in Automatic Edge which is the 21 step program and when it’s billed to your credit card it comes in as Yes Academy.

    1. Sounds you like you got it pretty bad there Chas. Thankfully you were able to get your money back. It’s a good thing you never went further, otherwise thousands would have been lost forever. Your tale is just what I’d expect from MOBE, from their bad customer service to their name changing. Come on, 2 months for a refund? Luckily you found Wealthy Affiliate. Regardless of your success in WA, you will never lose as much as you would have in MOBE. Thanks for sharing your story Chas!

  3. Oh my god I never EVER knew any of this about MOBE even though I have seen it advertised and simply thought to myself, I bet it is a great program if only I could afford it. But your review is awesome and should be seen en-mass. Also it is great to read something by someone who has such a strong command over the English language. It was a fantastic piece of writing, completely faultless in every aspect and it sure has made me be wary of any so called “Big budget programs” out there.

    1. Thanks for reading Simon! I actually used to have the same thoughts when it came to these schemes. I blamed myself for not having enough money, when obviously that ‘disadvantage’ saved me from losing a lot of cash. When an online program costs as much as a down payment for a house, it’s best to keep your distance. Glad to see you liked the review! I especially appreciate the writing compliments!

  4. Makki,

    If I’m reading this right, you aren’t a fan of MOBE.

    That’s fer shure!

    This sounds like a diabolical system! The best thing about your review of it is how you maintain a sense of humor while discussing this program! Very entertaining!

    And I love that you clearly explain why this is such a scam.

    Even in your opening, when you listed one upsell as $30,000, it was clear this was NOT the program for me.

    I AM however, a member of Wealthy Affiliate. And as you say, THAT program is worth the investment.

    Indeed, even if you use WA as just a web host, it is well worth the cost.

    So thanks for the warning about MOBE!


    1. Thanks for reading Roger! Yeah, I’m not really a MOBE fan. I’m not even sure MOBE has fans. Only affiliates. Great to hear you’re part of a superior program. Even if we say MOBE did what WA does, it’s still more than 100x more expensive.

      You’re welcome! Hope to see you around here again!

  5. Wow, I have never seen a more in depth analysis of a scammer program than this one. I had to read everything because it was captivating and expressed all concerns. I have had a few programs I started that I wished I never found online. This certainly makes WA the best around. Thanks for the input.

    1. Sorry to hear about your history with online programs Ronald. If they were anything like MOBE, you probably lost some good money. I think that happens to everyone. But in the end, I hope you succeed with WA. Whatever happens, you can rest easy knowing you’re not breaking the bank. Thanks for reading!

  6. Interesting review Makki. I’ll be sure to avoid MOBE. Have you done a review on Four Corners Alliance Group yet? I was approached to buy into this MLM, but it sounded to me like a Pyramid scheme!?

  7. Another really great and in-depth review Makki. It is astounding just how many of these MLM programs there are. I am so glad there are people like you doing reviews of these sites to warn about the dangers and pit falls of going into any of these programs. I’m sure there is some value in all of these sites, but certainly not enough value to justify the tremendous costs they are asking for. Thanks for another great review!

    1. Hey there Pete! Thanks a lot! MLM can be hugely profitable… for the owners of course. And I do concede that there is value in some of them. But when the price is so high you’d have to be a millionaire to spend it without serious harm, there’s something wrong. The people falling for MOBE aren’t rich, which makes it more despicable. Thanks for sharing!

  8. Very interesting review! I used to be scammed earlier before I started to make money online and I wish I read articles like yours back then. I have another idea for a review. What about It looks so scammy but it is hard to find any bad review about it. Do you think it is legit business? I would love to see an article about it.


    1. Sorry to hear that you got scammed. I did too, and I always wished I did my research before.

      I’ve never heard about payme0, but I’ll be sure to look into it. Thanks for commenting David!

  9. It’s outrageous the fees they are charging as you progress through their cost. At this rate, I wouldn’t be surprised to go broke before making any progress in whatever training their offering.

    You’re definitely right that If I have $30K to spend, I will definitely be working on something better or spending on some serious education stuff. I am still in disbelief at what I’m reading.

    1. Chances are, if you had $30K to spend, you wouldn’t be looking for programs like MOBE at all. There is a very real chance of going broke with MOBE, if you buy everything. The people falling for programs like MOBE are often the people who can’t afford to spent a lot. That’s why they’re looking to make money online. Sadly, there are better ways to learn, at a much lower cost.

      I know, I couldn’t believe the total cost either. Thanks for your feedback Kenny!

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