Is My Business Venture a Scam? A Look Into This Company
If you are looking for an easy way to make money online, My Business Venture might have caught your eye. This place claims to provide “turn-key” services and will set you up with a pre-made online business that you can start making money with pretty much immediately.
Sounds a little sketchy right? Is My Business Venture a scam possibly? That is a logical question to ask yourself and I was wondering the same thing. I decided to do a little research on this place and in this review I’ll be going over some things that you should definitley know about.
My Business Venture Review
- Website: mybusinessventure.com
- Type: Online business services
- Cost: $2,795 +
- Recommended?: Depends; more on this
My Business Venture, which I will be referring to as MBV, is a company that sells pre-made ecommerce style sites that are ready to make money. Basically what they do is provide everything that you need all in one package. They set up your website, upload it with a bunch of products that are ready to sell, provide you with website hosting, and so on.
MBV attracts many customers because they promote their services as a “turn-key” business, which basically means all you have to do is buy it and it will start making you money. But its not quite that simple as you will see in this short review.
What They Provide
As I said, they provide all parts of the online business…. the website, the products, the marketing strategy, and more. I’ll go over each category of what they provide briefly to give you and idea of it all.
MBV sets you up with your own website that has a custom domain name of your choice. You will also be provided with website hosting so you don’t have to worry about any of that.
This website will come ready to go and has products ready for you to sell.
They have over 15,000 products that you can sell and some of them from major brand-names. These products range from health & beauty, to toys, to jewelry and more. You will never have to touch these products or keep inventory or anything like that. Its a drop-shipping business model
Your site comes complete with a built-in payment processor. This means you can accept payments directly through the site just like a big-time ecommerce store.
They also provide marketing campaigns laid out for you so that you can get out there and start selling.
You can build up your brand by customizing the logos and making it your own. This way customers will remember your site and you can make it unique.
The training that they provide is specific to you and where you want to take your online business. This is somewhat customized for each person. You will get video training, one on one training, support documents, and more.
Sounds Easy, Right? Well Its Not
I know that this all sounds very easy to make money with but it really is not even close to as easy as it seems.
While they do set you up with a site that is ready to make money and even give you marketing strategies, it is up to you to go out and do the marketing. And this is not easy.
I have been running a few ecommerce websites since 2016 and it isn’t an easy business to get into. You can make a ton of money but its just not simple. Just because they hook you up with products means nothing. The marketing is a whole other ballgame and its a challenge. There are going to be other ecommerce stores out there selling the same products that you have at lower prices and its hard to sell.
You can find a fair number of complaints about MBV being much more difficult than they lead you to believe. Ripoff Report is always a good site to check to read complaints like this.
As you can imagine, getting all of this isn’t going to be cheap. While it may be “economical” as they say… its going to cost you a small fortune. Below are the 3 different packages that they offer…
The Standard isn’t any good really. Basically it will give you a store and then leave you on your own. The Professional one they claim is the most popular and will give you a store, a marketing strategy, and SEO features. Then the Enterprise is the only one that contains everything that I mentioned above with the training, custom logo, and all.
Pros v Cons
- BBB accredited with A+ rating
- 25+ years in business
- US support team
- Well rounded online business package
- Good/professional tools & training
- Not a “turn-key” business
- Probably won’t make money in 1 day
- You have to do the marketing
- Very expensive
- Harder than they lead you to believe
- Website speeds could be better
- Complaints about support being hard to reach
Final Thoughts On My Business Venture
My Business Venture is not a scam but it isn’t all its cracked up to be either. They do provide you with a lot if you buy the expensive enough packages but its not a full blown “turn-key” system as it seems they try to get you to believe. This is just another good example that there is no such thing as a “turn-key” system that you can just buy and its all of a sudden going to start pumping money out to you like crazy. These just don’t exist.
I’m not saying that MBV will not work. It can absolutely work out but it is going to take hard work and judging from the bad reviews that I have read from past buyers, it seems that a good amount of people fail to find success with this.
If you are looking to make money online in a more “realistic” way (that also requires work on your part) then I suggest taking a look at how I make a living online. Its a totally different business model but I am making a living with it… so you could say its pretty good. I wrote a post on what exactly I do, how it all works, and how others can get started doing the same that you can read by clicking the link below…
Questions, comments, concerns??? Leave them below in the comment section and I’ll get back to you soon 🙂