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Prosperity Of Life MLM Review: Is The Prosperity Of Life Business Right For You?
Welcome to my Prosperity of Life review. My goal is to answer common questions like: how much it costs, if it's a scam, if you can actually make money with it, & who it really is for. The end goal is to help you understand if its a good fit for you personally, and if there are any better alternatives out there.
DISCLAIMER:
This Prosperity Of Life review has been thoroughly researched with information and testimonials that are available online to anyone in the public. Any conclusions drawn by myself are opinions.
It’s yet another MLM (aka Network Marketing) program whose primary goal is to persuade you to sign up, buy a product kit, and then recruit your friends, family, and coworkers to do the same.
It’s promoted, in my opinion, by several Prosperity of Life members who only get paid by recruiting people up for the program.
It claims to educate you on becoming a successful “Network Marketer,” but from what I’ve seen, most members rarely make any money selling knives.
As far as I can tell, a 50% commission on an overpriced set of things that you can acquire for half the price at your local department store will not make you wealthy.
Now, in this review, I want to be entirely honest.
MLMs like Prosperity of Life are a bit of a mixed bag. They CAN be a legitimate way to make money, but some have a reputation for literally ruining people’s lives – so it’s important to know what you’re getting, since each one is unique.
Like most of my readers, you were probably introduced to this one via a friend or some influencer you trust online.
And it makes sense why so many people recommend them:
Making money outside of a 9-5 can be… life-changing, to say the least.
So in this article, I want to help you explore two things:
If MLMs are actually a worthwhile business to pursue If Prosperity of Life is a worthwhile MLM Before that, I want to clear the air on something.
There are A LOT of people out there who bash all MLMs in any form. I am not one of those people.
Instead, I want to genuinely educate you about them so that you can make an informed decision on how to proceed.
If you’re unfamiliar with what MLMs actually do:
They’re businesses in which you pay money to a company for the ability to sell their products.
Sometimes the products are actually kind of decent (I still remember my mom throwing pampered-chef parties when I was younger).
Other times the products are really poorly made and come with a high price tag.
Typically, the only way to really make money is to get people (mostly friends & family) to sign up with you for a recurring subscription.
If the product is 100% legitimate & valuable, it’s entirely possible to get people to sign-up and continue paying you.
If the product is subpar, you’ll usually burn those bridges kinda quickly and end up with $0 coming in each month.
The biggest issue I’ve seen is that this puts significant stress on your personal relationships, as you’re reliant on selling to your “network.”
Think about it: if you KNEW that every time your friend Sally called, she’d be trying to sell you on one of her products… you’d eventually stop answering Sally’s calls.
Now, this doesn’t mean MLMs are outright bad… it means you need to know what type of MLM you’re getting yourself into before you sign up.
Again, some MLMs provide real value to people, but MOST don’t – and so in this article we’re going to explore what the case is with Prosperity of Life.
But before that, I want to ask you a question: what if there was a way to build actual recurring, semi-passive income online?
Income that:
Doesn’t have inventory Doesn’t make you sell to your friends & family Doesn’t force you to recruit people onto your “team” Something that you could make anywhere from $2,000 – $10,000 with consistently, month after month?
A stream of income that you can build as high (or low) as you feel like building it?
If that sounds interesting, you might want to think about becoming a Digital Landlord.
If you wanna see what Prosperity of Life looks like on the inside, keep reading.
Prosperity of Life is a Network Marketing company based in Arizona.
The organization works in Personal Development and Wealth Creation, and they offer a complete internet all-inclusive business opportunity that includes systems, training, goods, and mentoring.
Gregory Strom and Rachel Krider, and Shane Krider, a husband and wife combination, founded the company.
The Prosperity of Life Network’s media production is overseen by Gregory Strom, with Rachel Krider serving as a personal development coach and Shane Krider serving as the organization’s transformation leader.
Prosperity Of Life Info
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Website : https://www.prosperityoflife.com/
Founders : Shane Krider, Rachel Krider, Greg Strom
Date Founded: April 10, 2010
Company Address: Fountain Hills, Arizona, U.S.A.
Telephone No.: (855 )617 5432
Email Address: [email protected]
Prosperity Of Life History And Background Before investigating this business offer, you need to be informed of some questionable history.
I’m not saying it’s out of the realm of possibility to make money with this program. In reality, some people still make money in this industry and have achieved a certain level of financial independence.
Prosperity Of Life Reviews: Who Is Shane Krider?
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Shane Krider, one of Prosperity of Life‘s co-founders, founded the Born to Prosper Network with the help of his wife, and it has since grown into a network of dedicated and motivated entrepreneurs.
He is now a multi-millionaire and the co-host of Born to Prosper’s Mind Power, a podcast that provides philosophical and spiritual self-help/self development and advice to aspiring business people.
Shane Krider is also a co-founder of Liberty League International.
The problem with Liberty League is that it has proven to be one of those pyramid schemes that has defrauded innocent people out of over $5 million. Please do your own research by taking a look at what the Federal Trade Commission has to say about it.
Some may argue that Shane has learned his lesson and is now running a legitimate business through Prosperity of Life.
Perhaps, perhaps not.
Prosperity Of Life Reviews: Other Names I’m a bit annoyed that Prosperity of Life, like some MLMs, has frequently changed its name over the years.
They were first known as “Polaris Media Group” but then rebranded as “Polaris Global.”
Their new names are Prosperity of Life and The Prosperity of Life Network.
What Is Polaris Global?
Polaris Global, for the record, continues to exist. Polaris Global is responsible for managing its training, customer service, resources, and support.
They utilize Prosperity of Life as their public brand and the custodian of their intellectual property, including courses, materials, and goods.
Who Is Rachel Krider?
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Rachel Krider, Shane Krider’s wife, is the co-founder of Prosperity of Life. She’s also the co-host of Born to Prosper’s Mind Power podcast, which focuses on entrepreneurship, self-help, and personal development to elevate the spirits of people in similar situations to hers.
She is also a self-made millionaire – she built her fortune while working for a multi level marketing company at the age of 34.
Due to a large number of products, I’ll briefly discuss only the main ones in their product range.
1. M1
The17-Day Personal Prosperity System includes video footage from the inaugural Foundation Live, Sovereignty Live, and Influence Live events.
$2,285 is the wholesale price. Profitability per sale: $1,828
2. M7
Included is recorded content from the Sovereignty Live andInfluence Live events that will take place over the next two years (a total of 4 events).
$4,590 is the wholesale price.
Profit potential per sale: $3,672.
3. M7 Fast Track
This is a limited-time offerfor a reduced package that contains M1 and M7. It exists to recognize and reward leadership.
$6,250 is the wholesale price.
Profit potential per sale: $5,000.
4. M2 Sovereignty Live
A yearly event dedicated towealth creation. Among other things, you’ll discover how money works, how to invest it, how to make it work for you, asset distribution, andtax minimization.
$7,950 is the wholesale price.
Profit potential per sale: $5,000.
5. M3 Influence Live
Included are advanced personal development and leadership skills. You’ll learn how our thoughts and beliefs influence our lives and how you can regain control of your life and destiny.
$12,950 is the wholesale price.
Profit potential per sale: $8,000.
Personal Development Courses Master of Destinies Coaching Training Master of Destinies Coaching – Home Study Master of Destinies M1 Master of Destinies – Live Event M2 Master of Destinies – Live Event M3 Master of Destinies – Recorded Event Content M7 Master of Destinies – Recorded Event Content M7 FT Company Review: Is Prosperity Of Life A Pyramid Scheme?
The Liberty League, a well-known pyramid scheme that launched in 2009 by Shane Krider, is similar to Prosperity of Life.
In one of the Prosperity of Life compensation plan videos, he says that you should be grateful for giving up the first two sales to your sponsor, as this model would get you motivated to win further pass-up purchases from your enrollees.
I don’t know about you but, I would almost certainly be out of business by the time I could earn a qualified commission.
Who will pay my bills and expenses till the first two sales come in?
This indicates that it might be a pyramid scheme similar to his former company.
Is Prosperity Of Life Legit Or Is It A Scam?
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So, time for the $1,000,000 question: is Prosperity of Life a scam?
No, not technically. They aren’t going to run off with your money and not give you what you paid for. It’s 100% possible to make money with this program.
That being said, it’s not nearly as simple as they want you to think it is.
There’s A LOT of work to be done up front, and no guarantee that you’ll be successful. The commissions are also fairly small.
Don’t get me wrong, I’m all for doing hard work now, so that I can reap the benefits later.
But if you’re going to work really hard for 3 months, and your reward is a $100 check… it’s not really a great opportunity.
If I’m gonna do that, I want the rewards to be HIGH and virtually guaranteed.
I’d rather put in that same 3 months of work (in my spare time) & build a handful of Digital Rental Properties that each produce $500-$2,000 checks every single month afterward (AKA recurring income).
And the cool part is that you can do it in a lot less time than 3-months (I personally did it in my first 2 weeks of being a Digital Landlord).
Unlike with MLMs, you can do it from anywhere in the world, so it’s a genuine “laptop-lifestyle” business.
All you need is an internet connection.
Some of my friends are Digital Landlords that run their 6-figure businesses from:
Camping trips at national parks Beachfront in Hawaii On the road in a camper-van (with a pet pig!) They focus on living an enjoyable life first, and focus on income second. All thanks to this program.
They can take weeks or months off, and money keeps rolling in.
Living happily is the top priority.
If the thought of living perpetually at your dream vacation spot interests you, being a Digital Landlord might be for you!
Prosperity Of Life Review: What The Customers Are Saying
In Facebook Nic and Ali’s presentation was fantastic. There’s a lot of useful information mixed in with their motivational and wise thoughts. – Amy Hinchcliff
WOW what a great day, I tuned in for the virtual event and you guys nailed it, the excitement still shone through on the screen, we will all be able to attend these events in person soon, missed all the hugs and of course the after parties (I’m sure you all had a blast) So, a big thank you to GLC and, of course, Shane, Rach, and Greg, because none of us would have had this incredible opportunity if it weren’t for them.- Sue Bear
On these live streams, you will always learn something new – great advice for newbies.-Patricia Longfield
Can I Make Money In Prosperity Of Life?
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Many people deal with a lot of negative things that come with Network Marketing business model.
Don’t take this the wrong way.
You can totally make money with Network Marketing company, but if you’re going to put in the time and effort to learn the ropes (which isn’t as easy as they make it seem), you might as well make some real money while you’re at it.
How Much It Cost To Join Prosperity Of Life?
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Signing up for an interview on their website is the ONLY method to get into the company.
The other thing is, you have to have a sponsor in order to participate (ie, someone who referred you to the company).
That’s why, in any promotional videos or materials, they’ll always advise you to “contact the person who referred you to this company.”
You must enter your mobile phone number on the signup page for them to contact you and schedule an interview.
After that, you’ll need to pay for:
$49.95 for a starter kit
For $153/month, you can get marketing tools including Online Business Manager, Lead Vertex Pro, Lead Manager, and Conference Call System.
It doesn’t end there, unfortunately…no free training in this one.
Those two would not even let you earn money until you purchased their training materials.
You would not be paid a commission on your first two sales. The sponsor must be “passed up” on the first two sales.
This pass-up business strategy irritates me SO much, and I have previously raised the red flag on this pyramid scheme recruiting method.
People can only make money in the program by recruiting others to join the company and attend these expensive events.
That makes it akin to a pyramid scam, which is nearly impossible to profit from for the average person.
How Much Can I Earn With This Business Model?
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Compensation Plan Following the first two sales, here’s what you’ll get for each of the Prosperity of Life offers listed above:
M1 – $1,828 per sale profit potential
M2 – $5,000 per sale profit potential
M3 – $8,000
M7 – $3,672 per sale profit potential
M7 Fast Track – $5,000
These figures may seem like they have potential to be appealing. However, keep in mind that you had to pay thousands of dollars just to obtain the products in the first place.
This excludes the costs of advertising for them. You can spend hundreds or even thousands of dollars on advertising to promote these products.
Another thing to keep in mind is that you can only earn commissions on products you purchase yourself.
For example, if you only purchase M1 Prosperity of Life but sell M2, your commission will be passed on to your sponsor (provided that your sponsor is qualified for M2).
If you want to earn commission on all products, you must first purchase them all yourself. That’s whack!
What Is My Top Recommendation For Making Money Online In 2022?
I’ve personally tried all of the major online business models:
I’ve sold fidget spinners through Amazon FBA
I’ve drop-shipped a toilet-bowl putting green on Shopify
I’ve sold women’s health supplements via Clickbank affiliate marketing
And I made money with all of them, so trust me when I say: there is no “perfect” business model.
I’ve also been on the other side ofoldfriends trying to sell me their fancy new MLM products.
That being said, my #1 recommendation for makingrealmoney online is, hands-down: being aDigital Landlord.
Whether you’re a complete newbie, or you’ve been around the block before but have never had that “big win” to propel you forward, becoming a Digital Landlord is for you.
Why?
1.Time: If you’ve got a spare hour-or-two each day, you can do this. If you want to drop everything and go all-in, you can do this. More time obviously means faster results, but even putting in a few hours per day is enough to see real success.
And because of that flexibility, you don’t need to trade your time for money. Once the income starts, it’s recurring.
That means you can take a month off, travel the country, pursue a passion project, chill on the beach, or charter a boat across the world.
But you can only do that once you’ve created an income stream that doesn’t require YOU to be there all day, every day.
2.Ownership & Control:With MLMs, you don’t really “own” anything – everything belongs to the MLM.
If you read the contracts, they can kick you out at any time, or change your commission at any time (it’s happened in a few high-profile MLM cases recently).
Why pour your soul into a business that could be taken away from you at the drop of a dime?
When you’re a Digital Landlord, you literally own all of the assets, which means you have ultimate control.
3.Big Margins:With MLMs, you’re often going to have really slim margins. That means you need to have a VERY large network to make serious money. This usually entails spending A LOT of money on ads and other methods for recruiting members.
Being a Digital Landlord, your profit margin is nearly 100%.Watch here to learn how.
Just a reminder: these Digital Rental Properties are worth (at a minimum) $500/mo in semi-passive income online. And each time you create another one, your income increases, and the effort put into creating the next property decreases.
Best case scenario, you have properties bringing in over $3,000+/mo on auto-pilot.
4.It’s Effectively Copy-Paste: Here’s my favorite part: once you have your first Digital Rental Property up, you can literally copy-paste another version of it and find another willing “renter” in a few days. DOUBLING your income doesn’t get much easier than that…
If you wanted to double your income with an MLM, you would need to sell twice as much inventory. And I can guarantee you, that’s a lot harder than a few clicks & a phone call.
5.You’re Helping REAL People: My biggest gripe with MLMs is that you’re likely going to ruin your personal relationships.
The MLM may have convinced you that you’re actually helping people, but it’s often not really true.
But when you’re a Digital Landlord, you’re helping solve REAL problems that people are ASKING for help with:
Small local businesses around the worldneedone thing: customers. Without them, their business would fall apart. If we can provide those customers, they’re going to be really happy – and they’re going to pay you for it.
You’re helping a struggling mother or father put FOOD on the table for their families, put their kids through college, or simply live life a little bit more comfortably.
Having this type of impact on the world is what will help you sleep soundly at night.
So, the rest is up to you. You could keep looking at other MLM programs likeProsperity of Life, whichmightmake you money 12 months from now.
You could keep researching and researching for the next few months (or few years), never making a concrete decision.
OR, you can look deep inside, think about those dreams, hopes, & desires, and make the decision to ACTUALLY make it happen, just like it has for thousands of other students before you.
Making a fortune while actually helping real people that need it.
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