My Business Venture – Scam Exposed? My Review Uncovers The Truth About It!

Dale
Born & raised in England, Dale is the founder of Living More Working Less & he has been making a living from his laptop ever since leaving his job as an electrician back in 2012. Now he shares what he's learned to help others do the same... [read more]

My Business Venture is a website that claims it can provide you with a done-for-you profitable online superstore. You’re led to believe that you can sign up, get your own store & begin making money the very next day.

My Business Venture Website ScreenshotThey even state that you don’t need any experience & that the My Business Venture team will handle literally everything for you, including stocking your store with around 15,000 products…

But is it actually legit or is My Business Venture a scam that’ll just see you wasting money rather than making it?

Thankfully you’ve landed in the right place to find out because I’ve done the digging & in this review, I’m going to be uncovering the truth about this program including how it all works & whether or not it’s really as good as they make it out to be.

What Is My Business Venture?   |   How Does My Business Venture Work?   |   My Take On The Plans   |   A Big Problem   |   Not As Easy As They Claim   |   Complaints   |   Is My Business Venture a Scam?   |   A Better Alternative

What Is My Business Venture?

My Business Venture basically claims to provide people with done-for-you online businesses, or online superstores to be more precise. They make out as if you can just hand over some cash & get your own profitable online store that will begin making money for you almost right away…

But right from the off, I’m going to admit it all looks a bit sketchy – I mean immediately upon landing on the page you’re presented with some extremely bold claims such as “start today, profit tomorrow” (as shown below)… Claims that are typically associated with the likes of get-rich-quick scams.

My Business Venture Income Claims

Though it’s worth pointing out that they do seem to keep these extremely bold claims hidden away on “secret” sales pages which aren’t accessible from the main site – so it’s possible if you landed directly on their main site you might not have seen them…

Here’s a look at one of those “secret” sales pages side by side with their main site:

My Business Venture Sales Page

You’ll clearly see that the two are wildly different & I’ll admit that on their main site they keep things a little more subtle as on there rather than claiming to help you make money fast they just claim to be a “complete e-commerce solution provider”…

So what’s going on here with My Business Venture & why do they have different pages like this? Is there some sort of scam going on? Let me dive into how it all works & you’ll soon see for yourself what’s really happening here…

How Does My Business Venture Work?

Okay, so as I mentioned a little bit above in this review the whole idea is that you simply hand over some cash to My Business Venture & in return they provide you with your own profitable online superstore that you should allegedly be able to start making money from fairly easily…

The three different “done-for-you” packages they offer are as follows:

My Business Venture Costs

The Standard Package literally just gets you the website setup, nothing else – and this will cost you $495 upfront then $99.83 for 36 months ($4,088.88 will be payable in total over the full plan).

The Professional Package which is supposedly the most popular package costs $2,795 upfront & this basically gives you access to some marketing training in addition to the website being set up for you.

The Enterprise Package which is the most “complete” package costs $3,995 upfront – yet the only real addition is that you get a custom logo & some extra training through what they call the “MBV University”.

My Personal Take On The Plans…

I’ve been in the online marketing space for a while now & whilst those prices might seem pretty reasonable to a newcomer, they seem pretty darn expensive to me – in fact, I think “outrageous” is a better word to use.

$4,088.88 for a website & they don’t even create you a logo!

But what worries me the most is the fact that they’ve listed “Search Engine Submission” as if it’s a really valuable addition to the plan. The truth is this is something you can do easily & free in around 30 seconds.

I don’t know… I’m really sceptical here…

Plus There’s Another BIG Problem…

Okay it’s all fair and well My Business Venture creating you a website – but a website alone is not going to make you any money. To make money with it you need visitors, they are the lifeblood of online business…

Without visitors, it doesn’t matter how great your website is – you ain’t gonna make money.

And guess what one of the hardest types of websites to get visitors to is? Yup, an E-commerce site like the one provided to you by My Business Venture – so you’re really going to have your work cut out for yourself in making it a success.

I mean I know My Business Venture list a marketing package within their plans but ultimately these plans consist of a one-time fee so the marketing they do for you is obviously not going to last forever…

This means that at some point you’ll have to start marketing the website yourself – and you can do that one of 2 ways. You can use free traffic, which will take a lot of time & effort… Or you can use paid traffic, which will require a lot of upfront investment.

So basically what I’m saying is that unless you’ve got a huge budget it’s unlikely that you’ll see any speedy results from the store they provide you with, and if you do have a big budget then you should know that paid advertising involves a LOT of trial & error…

When it comes to paid advertising unless you’re already a very experienced marketer you could (and likely will) see yourself burning all the way through your funds before you even manage to turn a profit.

It’s Not As Easy As They Claim…

The truth is that My Business Venture make everything seem really easy. They make out as if you can just buy a plan, get an “online superstore” and start seeing profits almost immediately… But it’s nonsense.

The reality here is if you hand over your cash & buy a “done-for-you” site from them you’ll likely just end up spending more money than you ever manage to make because it’s much more difficult than it seems.

Yes you’ll have a website with products – but as I mentioned above you’re going to have to market it & without a solid background in online marketing you’re likely going to find yourself struggling to get the ball rolling.

And of course, you’ll be a few thousand dollars out of pocket…

Not good – and although My Business Venture is technically legit since they do actually provide you with the site as they claim, you should probably know that there’s a whole bunch of complaints about them online (which you now might not find surprising).

My Business Venture Complaints

After digging deeper into how this whole My Business Venture things works I was a little worried about what was really going on so I decided to look around for complaints to see what others had to think…

I was pretty shocked at some of the complaints I came across & it kinda confirmed my initial suspicions. I mean on their BBB profile, for example, they had only 1 positive review & 29 complaints which I think speaks volumes alone.

Unfortunately, most of their complaints on that particular site have been hidden, but here is an excerpt from one that remains which I think you’ll find pretty interesting:

My Business Venture Scam Complaint

And from another website here’s another complaint left by a disgruntled customer:

My Business Venture Scam Complaint

This particular customer mentions that My Business Venture pushed useless yet expensive upgrades on them, but more interestingly they state that MBV charged them $295 for “Google verification”… Something that can be done easily for free & takes around 30 seconds in total.

This is pretty similar to the “Search Engine Submission” I talked about earlier in the review. In my opinion, it just seems like they’re set out to take advantage of newcomers looking to start an online business.

I mean yes, they are providing the customers with sites – but it seems (based on the complaints) that they’re charging them extortionate prices for things that are relatively easy or free to do.

Is My Business Venture a Scam?

Well, it’s not really a scam as such since you do get provided with a website in return for your money like they promise – I think misleading & highly overpriced would be a better way to describe it.

The truth is that if you purchase a “done-for-you” online superstore through My Business Venture then you’ll probably just end up finding yourself spending more money than you ever manage to make.

It seems to me like the only real winners are My Business Venture themselves & as far as I’m concerned in my opinion they’re simply set out to take advantage of newbies & profit at their expense.

Therefore overall I won’t be recommending them because I feel like if you invest money with My Business Venture you’ll likely just find yourself disappointed at what you actually receive compared to what you were promised.

If you really want to get started online properly & build an income the right way then I highly advise you check out Commission Academy instead. It’s there that you’ll get the proper step-by-step training & tools you need.

But anyway hopefully this review gave you a good insight into My Business Venture & helped you understand how it really works. I also hope it helped save you some cash too. If you do happen to have any further comments or questions though then don’t hesitate to leave them below & I’ll get back to you as soon as I can.

A Better Alternative

The sad truth is that unfortunately most of the programs promising to help you make money online are scams. I can say that confidently after exposing over 500+ of them here on this blog.

But the good news is that even though most of them are indeed scams, there are actually some very good programs in amongst them - some programs that can truly help you to earn money.

And out of all of the legit programs I've seen, the one I would recommend the most to anybody looking to get started online is Commission Academy. In my own opinion, that's the best place to start.

At Commission Academy, you'll be provided with everything you need (including the training & tools) to begin earning real money by promoting products or services for companies like Amazon online.

The best part is that there's literally no limit on the amount you can earn with it & the process is pretty simple which means that it's absolutely perfect for people that don't have much experience.

Some wealthy affiliates even earn as much as 5-figures per month... Or more!

Amazon Earnings Example

I mean don't get me wrong, that kind of money won't just fall into your lap without doing any work... But the harder you're willing to work at it, the more you stand to earn with it.

So if you're looking to get started but don't know which route you should go down or which program you should join (and don't want to waste money on bogus things that don't actually work), then I'd highly recommend checking out Commission Academy first. You can learn more about it here.

Dale
About the Author:
Born & raised in England, Dale is the founder of Living More Working Less & he has been making a living from his laptop ever since leaving his job as an electrician back in 2012. Now he shares what he's learned to help others do the same... [read more]
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20 thoughts on “My Business Venture – Scam Exposed? My Review Uncovers The Truth About It!”

  1. Thank you for the information before jumping into the business with them. I asked the person, who called, about the site that is running right now and he will not provide that. That itself was a red flag for me. I am not going to join with them without seeing a running site and the information about it. So, watch out future entrepreneurs, this is a scam to get the money out of you and don’t get into their trap. Good luck with your search.

    Reply
  2. Hi Dale,

    I appreciate the post and wish that I had found it a year ago. When I was looking at My Business Venture back in July of 2018 I couldn’t find many honest reviews. I bought the store and invested in the high end package and after 10 months of trying to make my store work I decided it wasn’t worth it to put more money and time into it. I literally had no sales in 10 months and that was after google ads, facebook ads, posts on Facebook, putting up items on Pinterest, I feel like I gave it a real try and if I had been making even a little I would have stuck with it. I think your statement “misleading and highly overpriced” says it all. I too have written a blog post trying to give others more information so they can make an informed decision before buying. Since investing in MBV I have found so man other ways to do eCommerce and make money online for less, I want to help save others the expense and headache that I went through.

    Reply
  3. “Scam” is a bit harsh based on what you’re describing.

    You’re paying for someone to do the work FOR you. It doesn’t matter that the work is “free”.

    Mowing your lawn is essentially “free”. But many people pay for someone to do that.

    Now, we can talk about whether they’re overpriced and that’s a fair argument, from my assessment, but “scam”? No.

    Anyone going into expecting to build NO sweat equity shouldn’t be doing it in the first place.

    My only complaint is what James Thomas said: I want to see a sample running. Not for design, but for the inventory. It does no good to have over 10k products if 9,967 of them are garbage.

    For reference: I was doing this exact thing back in early 2k, but I skipped the storefront and did Amazon Seller (which was a mistake). So I’m aware of dropshipping and these providers and how they work.

    Reply
    • No, the reason I labelled it as a scam was that it’s heavily marketed as “start today, profit tomorrow” which is totally unrealistic. This means that people are being encouraged to spend thousands based on false promises, which in my opinion is a scam.

      Reply
  4. MBV is absolute garbage. DO NOT WASTE YOUR MONEY. They push you and tell you that your website can easily make $100 per day of you follow the detailed blueprint they will give you. This is all total lies. There is NO magic blueprint. As soon as you buy the website, they start trying to sell you a bunch of upgrades for $2K by telling you that you cannot attract traffic without their upgrades ( which btw are mostly free to do yourself if you are tech savvy).They give you a poorly functioning website, no technical training on how to run it and every time you call to ask someone for help they act really impatient and irritable or send you to voicemail. Their training documents are full of errors. The website they give you is very slow and full or errors. The sales rep who spoke to me -Jason Becker has no idea how to provide after sales service. He does not respond to email queries. Every time you call him he keeps on hounding you and telling you how other website owners are making a bunch of sales and if you don’t invest in their upgrades you cannot hope to make sales. A big red flag is they refuse to show you other websites that are already up and running (before you buy your own site) so you can get an idea of how a fully stocked website looks and functions. BEWARE of this company. I will be reporting it to BBB soon as I do not think they are living up to their false promises. They are making money off people who are not tech savvy by selling you something that you can do much cheaper or free.

    Reply
    • Thanks for sharing your experience. Be aware, however, that the BBB is actually a con too. Some time ago I myself believed it to be a legitimate website for reviews but I later discovered that it’s not. It’s built around bias as whilst negative reviews are free to post, the owners require payments to post positive reviews. A smart con but a con all the same. TrustPilot is the go-to site for honest reviews.

      Reply
  5. I was one of those that have run into this business with MBV in per of Jason. Pushing me ahead to open now and start profiting tomorrow. I have paid almost $4,000.00 before I realized that this online business with bmv is not genuine. First of all their goods is almost 3ce the price of what other people are selling their own on online. I complained that to him with no genuine reply. With no sales of single cent, they were withdrawing money from from my account. I was mad, I called him to put an hold on it, you cannot believe it they went at my back and withdrawn money from the credit card I used to pay them initially.
    IT HURT ME TO THE BONE FOR LOOSING MORE THAN $4000. to this people. after 3 days you cannot get yr money back.
    THINK TWICE BEFORE GOING TO ONLINE BUSINESS THAT INVOLVES MONEY.

    Reply
    • I’m sorry to hear about the money you lost. Please remember, however, that online business is just like offline business meaning that at some point it will require investment. The key is not to avoid *all* opportunities that involve money, it is just to make sure that you do your due diligence first.

      Reply
    • Hello, please I just made the greatest mistake as well, I signed up without seeing all these review, how do I block my card or how can I get my money is there any caveat

      Reply
  6. I wish I had seen this earlier before purchasing this business and losing so much money! For a novice, it may seem hopeful and very promising the way they sell their services but trust me…if you’re reading this now, DON’T WASTE YOUR MONEY! I wish there was a way I could sell it to recoup some of my investment but unfortunately, I’ll have to write it off as a total loss! I initially asked about why the comments were hidden on the BBB but Jason just brushed it off as if they were all resolved or should not have been there. That was a red flag and I should’ve paid more attention. Thank you Dale for sharing this information and hopefully others will see it and base their decisions accordingly.

    Reply
  7. My Business Venture is technically not a scam because they deliver what they say, a website with products to sell. They don’t take your money and disappear.

    With that said, there is NO WAY to make money. This will be long but I’ll explain

    1. The products come from Sunrise Wholesale Merchandise. If you go Sunrise Wholesale Merchandise’s website you can almost get everything MBV offers (minus free shipping) for $199!!!!. I’d HIGHLY recommend trying this before shelling out thousands to MBV.
    2. How can MBV even afford to pay the shipping on orders and stay in business? They can’t. My rep said they have over 1,000 customers making money. Ok, let’s say those 1,000 even average just one sale a day. That would be 1,000 orders a day or 365,000 orders a year that MBV pays Sunrise Wholesale to ship out. The lowest shipping cost at Sunrise is $5. So even if all the orders were the lowest shipping cost that would be over 1.8 MILLION DOLLARS that MBV spends in shipping. There’s no way they are staying in business if that was the case.
    3. The products don’t sell. Believe me I tried. And even if they do sell you have to sell them for about a $1 profit per $100 order. So many people are selling the same products on EBAY, Amazon, etc….. I promise you that you will not sell these products and if you do you’ll make practically nothing on the order.
    4. When My rep went over the “upgrades” I was appalled. $500 to set up a few social media pages which anyone can do for free and in under 30 minutes. $300 to do website verification which anyone can do for free and in under 2 minutes. $400 if I want to add any products I may have. $300 for pro email addresses. That’s just a couple, they have a bunch of upgrades. They don’t just profit off this, they must make a killing from anyone ignorant enough to pay for it. Over and above the initial 4K investment they try to get you for another 4K of “upgrades” that shouldn’t cost more than a few hundred dollars all combined.
    5. The “Lowest Price Guaranteed” is a joke. It only applies to your website, which no one will visit or buy from. If you want to sell the products on Amazon, EBay, etc… they do not honor this. Same with free shipping. But again they know you won’t sell anything so offering free shipping doesn’t mean anything.
    6. Support is a joke. I always got transferred to a guy who was so rude and uninterested in helping. It’s obvious they really don’t want you to call them
    7. My rep absolutely disappeared after I got everything they offered and I guess he realized I wasn’t getting more. Every call is a sales pitch.
    8. They refuse to give referrals claiming their customers don’t want to be bothered. Give me a break. If they had real people making money they’d be thrilled to let you speak to them. All their testimonials seem to be from people who just bought in. They did the same to me, asking for a testimonial before I even really started.

    There is more but this has been long enough. Bottom line is save your money. You will NEVER make a dime with this joke of a business. I suggest if you’ve been taken by these people to call the BBB immediately. That was the only way I personally got anything back.

    Reply
  8. Dale,
    WOW! Thank you for the knowledge! You certainly opened my eyes before it was too late in regards to My Business Ventures. It’s disappointing to know that there are so many “businesses” scamming people and we are so desperate to want to live a better life and get caught up with these get rich quick scams. After looking at the BBB website and realizing how many complaints this company had, I was done with them and thanks to you … before giving them a single cent. Luckily I don’t give my money so quickly since I don’t trust many people anymore. After doing my research tan into your site and made my final decision. Thank you again!

    Reply

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