You’re looking for a review because you’re curious about My Business Venture. Furthermore, you’re probably wondering whether My Business Venture is a scam or not.
Well, I also came across a gleamingly bright page urging me to open my store today and profit tomorrow.
According to the information on the page, I am not required to do anything. All I have to do is participate, and I’ll be making money by tomorrow. Isn’t that a tempting invitation?
My Business Venture isn’t too different from most dropshipping courses.
Sure, their marketing makes some great promise you haven’t heard from the other dropshipping gurus, but at the end of the day, no magic bullet overcomes the massive pitfalls of this business model.
Let’s get something clear:
There is NOTHING passive about dropshipping, no matter how well most course creators sell the dream.
If you want that travel-the-world-making-money-while-you-sleep-laptop-lifestyle, dropshipping isn’t for you.
To run a successful dropshipping business, you need to be constantly on the lookout for new products.
Scouring the internet for hot trends and trying to find the next fidget spinner will take hours out of your day.
Not to mention, it’s not enough to just have the hot new product…
You also need to get the customers.
That means ads…
Lots and lots of ads…
Testing, tweaking, targeting, spending thousands if not tens of thousands of dollars before breaking even.
Not to mention, Facebook hates dropshipping, meaning one of your top traffic sources could shut you down at any time.
All of this leads to a very stressful life, not a lot of money, and a lot of time wasted.
Time that could be better spent so you can actually live the life you want.
Now, what if there was a way you could build a passive income stream that’s actually passive?
An income stream that doesn’t require:
- Physical Products
- Low Margins
- Long Wait Times
- Angry Customers
- Thousands of dollars testing different ad campaigns
An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000)?
An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day running ads, researching products, and trying not to get banned by whatever platforms you’re using?
If that sounds like something you’d be interested in, check out Digital Real Estate.
This is nothing like dropshipping, and that’s probably a good thing.
However, if you’d still like to know more about My Business Venture, keep reading.
My Business Venture Review – Overview
- Product Type: eCommerce
- Price: Various (see Price section)
- Money-Back Guarantee: No
- Quick Summary: Starting an eCommerce business is difficult, so My Business Venture platform has developed several methods to assist you in launching a successful online store.
I was skeptical of this company after seeing that page where they quote, “Start Today, Profit Tomorrow.” I was sure it was a ruse.
However, I was mistaken, and you’ll be relieved to know that MBV is not a scam. There will be more on this later in the review.
My Business Venture is a legitimate platform where anyone interested in starting an eCommerce store can get much assistance in training, tools, and support. It’s like a one-stop-shop.
But it’s also important to understand that there are a lot of complaints and negative My Business Venture reviews out there, which I’ll show you later.
These complaints and reviews are not to be missed!
The bottom line is that MBV is legitimate, and I recommend it to anyone interested in eCommerce. However, the startup costs are high, and they will not do everything for you (a lot of work and effort is needed).
What Is My Business Venture About?
My Business Venture (MBV) is categorized as a nationwide technology service company with over 25 years of experience.
They specialize in developing robust websites, shopping carts, credit card processing, secure payment gateways, strategic marketing campaigns, custom website package & logos, and social media programs for entrepreneurs operating successful businesses on the internet, at home, or by mail.
They are a Better Business Bureau member with an A rating, the highest possible, and they are also a Dun and Bradstreet registered business.
As I said in the previous section, My Business Venture is a one-stop-shop for starting an eCommerce business. They offer hosting, websites, products, coaching, and other necessary components for success.
Let me explain what eCommerce is if you don’t already know.
In a nutshell, My Business Venture teaches you how to create an online store from the ground up. The goal is to sell different products to people who shop online.
The business model is identical to that of the real world. Consider a shoe store in your favorite shopping center. Consider the same store, but this time it’s online. There are no cashiers or employees, and everything is digital, making it much easier to manage.
While eCommerce may appear simple in theory, you’d be surprised at how many new store owners succeed. The answer is that only about 2% of new eComm business owners make a profit. The rest is a failure!
So, to assist you in beating the odds that are heavily stacked against you, My Business Venture provides a variety of services.
In that vein, let’s take a look at what MBV provides.
What Services Does My Business Venture Offer?
My Business Venture makes ownership of your online store simple, painless, and cost-effective!
It began operations in 2007 and has since grown into a reputable eCommerce business service provider with over 23 years of experience.
Their primary product is turnkey online stores, which means they handle the majority of the technical aspects of your own web store.
In other words, they sell completed online stores that are ready for traffic and profit. My Business Venture can provide web hosting, marketing services, and even credit card processing in addition to DFY sites.
Another appealing aspect of MBV’s service portfolio is its ready-to-use inventory. It is a database that contains over 14,000 products in various categories such as:
- automotive
- electronic
- bath
- sports
- cosmetics
- and a lot more!
While I’m always eager to make things easier for newcomers, there is one drawback to the My Business Venture platform’s services: they do the work for you.
The DFY store is a two-edged sword.
On the one hand, it’s fantastic because you get a preloaded store quickly, allowing you to profit even faster. On the other hand, you will learn nothing about building and operating a store, which may backfire in the future.
You can’t always rely on a business platform like MBV. If you want to be thriving in eCommerce in the long run, you must learn these skills on your own. That is my point of view.
Nonetheless, it’s a fantastic opportunity for anyone looking to get started with eCommerce. In that vein, let us consider who the ideal customer for MBV’s services is.
Who Is My Business Venture For?
I would say that the target user of MVB is someone who does not already have a business but wants to get started quickly without having to spend time setting things up on their own.
If you are familiar with the story of Ray Crock and how he started a McDonald’s franchise, you’ll get a sense of what My Business Venture is and who it’s for.
In other words, My Business Venture is for those who want to run a franchise because that is precisely what it is.
Regarding running a business, let’s look at the next section of this My Business Venture review to see how much this eCommerce franchise store might cost you.
How Much Does MBV Cost?
You can look at the price plans and packages available on the official website in the My Business Venture review section. It’s safe to say that My Business Venture isn’t the most affordable option available.
These packages, in my opinion, are far too expensive compared to some competitors on the market. That is, however, just my personal opinion.
Let’s see how much My Business Venture charges for its services.
Enterprise Plan
- $3995.00 One Time Payment
- Diamond Marketing Package
- 5,000+ Product Superstore
- 24 months Search Engine Submission
- All Features from MBV Upgrade 1 & 2
- Custom Logo Included
- Starter Training Package with MBV University
Premier Plan
- $4695.00 One Time Payment
- Titanium Marketing Package
- 5,000+ Product Superstore
- Lifetime Search Engine Submission
- All Features from MBV Upgrade 1 & 2
- Social Media Package Upgrade
- Custom Logo Included
- Silver Training Package with MBV University
Millennium Plan
- $5995.00 One Time Payment
- Titanium Marketing Package
- 5,000+ Product Superstore
- Lifetime Search Engine Submission
- All Features from MBV Upgrade 1 & 2
- Custom Logo Included
- Social Media Upgrade Package
- Professional E-Mail Package
- Website Verification Program
- Platinum Training Package with MBV University
Consequently, as you can see, My Business Venture does not offer a single-price package suitable for all customers. Instead, they will provide you with a business dealer kit with more and more training and features with each package.
This approach bothers me because it implies that my best chance of success is in the Millennium package. As a result, the first two may waste time and money.
Another issue with the cost of My Business Venture is that it is expensive while providing no guarantees. Before you spend a few thousand dollars starting an online store, you should be aware of all the details.
This way, you’re entering a DFY business that you know everything about.
Undoubtedly, if you did the work yourself, it would cost you a lot less money and a lot more time, but it is still a risky investment, in my opinion.
But that is just my opinion. In the following section of My Business Venture review, we’ll look at more features.
What Is Included In the MBV Program?
My Business Venture, as previously stated, is a one-stop-shop for creating an eCommerce store. This review section gives a quick rundown of the program’s features.
The following items are included:
- Personalizes eCommerce Enabled Website
- Custom Domain Name
- 24 Hour Secure Hosting
- Customer Merchant Account
- 14,000 Top-Selling Products
- Back-End Administrative Customer Database Access
- Newsletter pages customer rewards and registration program
- 24 Hours US Based Support
- Videos and Tutorials
Overall, My Business Venture has a great deal to offer its members.
I dislike the jargon they employ, such as “turnkey solutions,” but that is just my opinion. Building an online business is not a quick way to wealth, nor is it as simple as it appears on their websites.
On the bright side, all of My Business Venture’s features are legitimate and extremely useful!
How To Get Started With My Business Venture?
To get started with MBV, you must first complete a few steps.
- Sign up and speak with a Consultant
- Select the Most Economical Package for Your Budget
- Begin Creating a Custom Business
My Business Venture Complaints
Everyone who reads my reviews understands that I strive to be as objective as possible. That is why, when writing a review, I always try to find out what others are saying about a program or a company.
My Business Venture appears to be a legitimate platform.
According to a former customer, My Business Venture is not what they claim to be. He complains that he is constantly upsold and given false income claims.
Furthermore, he claims that My Business Venue training is outdated, lacking in detail, and disorganized.
Another issue that this person has expressed dissatisfaction with supports. He claims that his sponsor ignored him and did not respond to his emails.
I can’t tell you if this is true or not, it’s just a customer review out there. But I’m sure there are always two sides to every story.
The good news is that there have been very few complaints, which is always encouraging.
Is My Business Venture A Scam?
So, is My Business Venture a scam? Not technically. You can make money with this program, but it’s definitely not as easy as MBV Team makes it sound.
There’s a ton of work to be done upfront, no real guarantee of success, and – most importantly – you need to do a ton of volume to make any real money.
Now, there’s nothing wrong with front-loading the work and making the money later.
But if you’re grinding it out for 3 months, $3-5k in the hole on ads (because that whole “get started with $5 a day” thing is total BS) and then your reward is 15% profit on a $12 product (which comes out to $1.80), it’s not really worth it.
What if, instead, you could do that same 3 months of work (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month?
And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?
And what if you could double it next week?
Well, that’s the power of Digital Real Estate.
And, unlike dropshipping, you can legitimately do this from anywhere. It’s a true lifestyle business.
Your laptop and an internet connection is all you need.
Some of the most successful students in this program run their entire 6-figure businesses from:
- A camper in the middle of the woods
- A beach chair on the water in Mexico
- A small villa in Greece
They’re able to travel around, living their lives first, and focusing on their income second.
Because even if they stop working for an extended period of time, the money keeps coming in.
So adventure, memories, and experience are the top priority.
And they never have to worry about how to pay for the next trip, or consider asking for time off.
If this sounds more like the type of life you want to lead, just click here to find out more about Digital Real Estate.
Are There Alternatives To My Business Venture?
Yes, there are plenty of Dropshipping programs and resources to choose from if you want to pursue this business model. Here are just a few:
What Is My Top Recommendation For Making Money Online In 2022?
Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.
While there may be no “perfect business”, the research IS conclusive:
Digital Real Estate is the #1 online business model for those just starting out.
Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Real Estate is for you.
Why?
1) It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Real Estate business.
And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.
Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.
This is only possible if you have an income stream that’s not tied to your time.
2) You Own & Control EVERYTHING: With dropshipping, you don’t really own anything. You have no control over the quality of products. You don’t even own the products because they go straight from the supplier to the customer.
Yes, if you’ve got a Shopify store, you technically own that. But if every ad platform suits you down, you’ve got a store with no customers. Which is literally worthless.
With Digital Real Estate, you own the assets, which means you have all the power and all the control.
3) Little To No Startup Costs: It’s possible to get into Digital Real Estate with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work.
Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.
4) No Inventory: Ok, so technically you don’t have to worry about inventory since you’re not filling up your garage or a warehouse with products.
But, you still have all the headaches of a physical products business.
Since most dropshipped products come from China, you already have a 2-3 week wait time from when a customer places an order.
But right now, with global supply chain issues, your customers would be lucky to get anything in less than a month.
Imagine finally landing your first customer after months of experimenting, and then getting hit with a refund request or chargeback because they had to wait 6 weeks to get their order.
With Digital Real Estate, a 100% online business, you never even have to think about that risk.
5) Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).
Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.
Because you have more knowledge, more experience, more results, and more momentum.
If you wanted to double your income with dropshipping, you’d have to double your inventory, your profit margins, OR your average order value. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.
6) Make Money Helping Real People: This part is what makes it all worth it. 99.9% of the time, dropshipping provides no value to anyone but the seller.
In a lot of cases, it has a negative impact on the customer because of poor product quality and an overall bad experience (i.e. waiting 6 weeks to get your order).
And that makes it pretty hard to sleep at night.
But with Digital Real Estate, you’re actually helping people by solving your clients’ biggest problem:
Small, local businesses need more customers, and with Digital Real Estate, you are unleashing a flood of happy, paying customers for these businesses.
You make money by helping them make money.
Not a big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.
Once you see how Digital Real Estate makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.
Now, the choice is yours. You could continue browsing, looking at opportunities like My Business Venture which could one day make you money.
You could continue researching, never making a decision.
OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Real Estate.
A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.
All while genuinely helping real people who are grateful and happy to pay for it.
If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Real Estate.
