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finance-guy · 7 years ago

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Can You Make Money With LegalShield

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Legalshield is an Oklahoma based network marketing company which sells pre-paid legal services. The company was started in 1972, under the name 'Sportman's Motor Club. In 1976 they changed their name to 'Pre-Paid Legal Services', and in 2011 it became known as Legalshield

Legalshield offers their services through a network of legal professionals across the USA and Canada. Membership plans are promoted and sold by associates in their multi-level marketing system. All members can become 'associates' and earn commission by promoting Legalshield plans to new members.

We believe that you can't make money with MLM, but we'll give them a chance to prove us wrong. In this full review of Legalshield. We'll find out if this is a legitimate money making opportunity, or just another network marketing company.

What does Legalshield do

Legalshield's goal is to provide affordable legal care, for any situation, to all members. The concept seems simple enough. You pay a low monthly membership fee, and in return, get access to the legal assistance that could potentially cost several thousand dollars.

The Legalshield website explains that they cover issues related to; Landlord / Tenant Consurmer Finance Traffic Estate Planning Real Estate Employment Collection Family Law Civil Litigation Criminal

With personal plans starting at $17.95 per month, and small business plans at $39 a month, it certainly appears to be fairly extensive legal coverage! There's also identity theft plans starting at $9.95 per month. For just a few extra dollars per month, all plans can be upgraded to cover you and your loved ones.

Legalsheild is building a 'community of coverage' with their network of lawyers from all over the US and Canada. This allows them to provide a local service no matter where you are. Legalshield is keeping up with the times and also offers mobile apps for both iphone and Android, so that you can access their services at the touch of your screen.

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How do you Make Money With Legalshield

We looked at the Legalshield opportunity, and found out that you can achieve success in four easy steps: 1. Become a Member - Buy a Legalshield membership for yourself 2. Sign up as an associate - Pay at least $99 and agree to be part of the MLM network 3. Sell to others - Get other people to join as members and associates 4. Get rewarded - Relax while the network marketing system makes you financially free.

The Legalshield compensation page, explains that you can earn money from personal sales and from building a team. If your team gets large enough, then you'll eventually have residual income and will qualify for the 'performance club' which gives you additional riches.

We also looked at the four page Legalshield compensation plan. This compensation plan is definitely the most vague of all the MLMs we've looked at so far. Legalshield appear to have done their best to only provide minimal information. The lack of detail could be because they are lawyers and only give the legal minimum, or it could be that they don't want us to see how bad the opportunity really is.

Based on the limited information in their compensation plan, we can see that Legalshield is very similar to most network marketing companies. You can earn commission for direct sales or from sales made by others you have recruited to the system. The amount you can earn per sale increases as you grow your team and advance through the MLM ranks.

When you first sign up as as 'associate' with Legalshield, you can earn $65.16 for direct sales and $13.04 override on sales made by those in your downline. If you reach the top rank of 'Executive Director', then you will earn $182.46 for direct sales and up to $117.30 override from sales made in your downline.

How Much are People Making With Legalshield

We found a copy of the 2015 Legalshield Income Disclosure. The first thing we see is that only 2.5% of members are active associates. This could be a good sign, after all that would suggest that 97.5% of the members are retail customers and not part of the MLM structure. It could also mean that a large number of associates drop out of the MLM but are still members.

Legalshield has chosen to present the data in a rather unusual format. They have shown us earnings based on how many years associates have been with Legalshield, rather than by what rank they have reached. Once again we assume that they have provided what is legally required, but could have chosen to present the data in a way that makes them look as good as possible.

The most important point we found in this document is that in 2015 83% of all Legalshield associates earned less than $1,000. In other words, only 1 in 6 Legalshield associates earned more than $20 a week.

Let's not forget that income is not the same as profit. As we saw in the compensation plan, step 1 is to become a member, and that means paying monthly fees. If we include the cost of Legalshield membership, and other costs of running and promoting your 'own business', we'd expect to find that most Legalshield associates are losing money.

How is Legalshield being Promoted

To get an idea of how Legalshield is being promoted, we looked at an online copy of the Legalsheild business opportunity presentation. This 45 page slide show is designed to recruit new associates to the Legalshield MLM. This gave us some insights into how the business opportunity is being presented to new recruits.

The recruitment presentation tells us that Legalshield can teach us 'life-transforming skills', it hen goes on to tell us that Legalshield has a strong rating with Oklahoma business bureau. They also tell us that they have 5 Stars with Consumer Affairs. It's true, the rating is 5 stars, but when we read the comments, we saw that all the negative comments had been removed by Legalshield. It's almost as if they were using their network of lawyers to protect their image!

Next we see statistics stating that you are 'almost three times more likely to be in court than you are to be hospitalized'. We feel that this might be a bit misleading, think about that for a moment. When is the last time you or someone you know went to either court or was in hospital. If you and your friends are anything like ours, you'll be able to recall a lot more hospitalizations than court visits.

While there could be more court cases than hospitalizations, a large portion of them occur at the corporate level and don't necessarily involve individuals. We can't see specific details of the data collected for this statistic. It's possible that Legalshield presented the statistics in a way that advertised a need for their services.

We then see a long list of services provided by Legalshield, all with the small print disclaimer, telling us that exclusions and limitations apply. The presentation then shows that paying $20 per month for Legalshield can help you avoid paying $250 per hour for a lawyer. For an extra $19.90 per month, you can also get ID shield to gain access to legal services related to identity theft. When I think of all the fees I've never paid to lawyers over my life, I would rather save the $39.90 a month.

Will Legalshield Cover All Your Legal Needs

As we saw in the presentation of the business opportunity, Legalshield does seem to offer a fairly extensive range of services. We looked at the Legalshield plan details for California, and found that the cover might not be as extensive as we'd hope. For example letters and phone calls made on your behalf are available 'at the discretion of the Provider Lawyer'. In other words it's an optional service for them. They can decide not to do this for you.

We also noticed that the contract and document review service is limited to 15 pages per document. Most contracts we've looked at over the years have been well over 15 pages. Having only the first 15 pages reviewed might give us a partial idea, but we'd miss out on all the important information contained from pages 16 onward.

We found more details in a sample version of the Legalshield services agreement. Under trial defense, we see that Legalshield will provide a fixed number of hours of service per year. This would help if we have to appear in court. However when we look at the list of exclusions, once again, the cover is less comprehensive than we might have hoped.

Criminal charges are not covered by Legalshield, neither are cases involving medications (even if prescribed). It also appears that most family matters such as divorce and child custody etc are also not covered. You might be more likely to go to court than to hospital, but to us it looks like some of the most likely reasons to go to court are not fully covered by Legalshield.

It does appear that you can still use Legalshield for these excluded matters, but instead of full coverage, you will get a 25% discount from their preferred provider. Once again this is provided subject to their own judgment, and does not include an contingency matters. The 25% discount also applies to the pages in documents which aren't included in the first 15.

To us Legalshield looks more like discounted legal services than full pre-paid legal cover. Having said that, a 25% discount could make the membership worthwhile. The only concern we'd have is that there is no choice of attorney. We have have to use the designated providers through Legalshield. In some matters we might prefer a different lawyer who is more specialized in whatever it is that we need. Another issue in regards to the pricing. If we had a simple matter, we might be able to negotiate a better deal than the 25% discount to the full price of the designated providers.

Should You Join Legalshield

If you think that the services they offer are worthwhile and you are happy to only use the legal providers they offer, then maybe Legalshield is right for you. If you are joining because you are interested in the business opportunity and want to supplement or replace your income, then we suggest you do some very thorough research of all your options before making a decision.

As we have seen from their own income disclosure, most Legalshield associates are not making much money. Like most MLMs we believe you could do better if you put the same time and effort into something else. Despite the promises of financial freedom, less than 1% of people who join MLM will ever make a significant income.

This has been our opinion on Legalshield, and whether or not you can make money with them. We'd love to hear from you in the comments section below, specially if you can share your experiences with Legalshield.

For more posts like this, look at our list of mlm reviews.

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#Legalshield #Legalshield Review #Legalshield compensation plan #Legalshield business opportunity #Legalshield income disclosure #Network Marketing #MLM #Multi-Level Marketing

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mlmcompanies · 6 years ago

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When you see a legal advisor embroiled in ongoing legal battles, you can’t help but wonder…

If they’re the real deal, why can’t they defend themselves?

But LegalShield may finally have their act together. The question now is whether you can make any money with this MLM.

LegalShield was once a big, bad, publicly-traded company with a network marketing opportunity on the New York Stock Exchange…until they went private faster than a celebrity in rehab.

Judging from some of their past scandals and legal troubles, going private was definitely a smart move. But are they worth joining? We’ll let you decide.

FAQ

1. What does LegalShield sell? LegalShield gives access to affordable legal coverage to its members, no matter how traumatic or trivial the situation. They’re the No. 1 subscription-based provider of legal plans to families and small businesses across the U.S. and Canada.

2. What are LegalShield’s most popular products? LegalShield’s Personal Legal Plan costs about the same as a dinner out ($24.95/month) and gives you coverage for you, your spouse or partner, and your children. Included with your membership are advice, letters/phone calls on your behalf, legal document review, standard will preparation, 24/7 emergency assistance, and trial defense services. Another popular service is ID Shield, which protects your identity, including customized alerts, complete identity monitoring, credit scores, and unlimited consultation.

3. How much does it cost to join LegalShield? It costs $99 plus any applicable state licensing fees to become a LegalShield associate. This gives you an Associate Start-Up Kit with brochures and applications so you can begin your business right away.

4. Is LegalShield a scam? No, LegalShield is a legitimate business with 1.7 million members in 50 states and 4 provinces. They have provider law firms across the United States and Canada, so the legal support you get comes from a lawyer who’s well acquainted with your local laws and regulations. What does feel scammy is the lack of full disclosure about becoming an Associate and how much you can earn. If it’s such a great opportunity, why aren’t they more forthcoming with information about how to join?

5. What is LegalShield’s BBB rating? A+

6. How long has LegalShield been in business? Since 1972

7. What is LegalShield’s revenue? $457 million

8. How many LegalShield distributors are there? 287,812

9. What lawsuits have been filed? In 2001, Wyoming came down on Pre-Paid Legal Services (which was LegalShield’s original name) for making income representations that were prohibited by Wyoming law. [1] The SEC also required them to stop counting commissions as assets instead of expenses. Complying with their ruling essentially cut their reported earnings by more than half. [2] In 2005, LegalShield lost a case related to deceptive advertising and fraud and paid $9.9 million in punitive damages. [3] In 2007, the FTC began investigating their marketing, saying it was misleading. Fortunately for LegalShield, in 2010 the investigation ended without any action. [4] In 2018, LC Technology International filed a proposed class action against Harvard Risk Management and LegalShield for sending unlawful, unsolicited fax messages as part of a pyramid sales scheme. [5]

10. Comparable companies: Market America, Life Leadership, Primerica

So should you join LegalShield?

I’m not a hater of the company at all, there’s definitely a market for legal advice and resources. But as far as passive income opportunities go, there are better options out there.

Click here for my #1 recommendation

Either way, here’s the full review on LegalShield.

Overview

LegalShield was founded in 1972 under the name Sportsman’s Motor Club in Ada, Oklahoma. A couple of years later, they changed their name to Pre-Paid Legal and went public, selling its shares on the New York Stock Exchange.

In 2011, the company was acquired by MidOcean Partners, a private equity firm worth $3.5 billion, for $650 million. They then went private and changed their name to LegalShield. In 2011, before they went private, they were raking in an annual revenue of $461 million. [6]

Back in 2001, they were hit twice by the law – first by the state of Wyoming for misrepresenting distributor earnings, and again by the SEC for counting commissions as assets to inflate their stock prices. They also faced legal troubles in Missouri that year. [7]

In 2009, they were subpoenaed by the SEC for various documents which were never sent over to the SEC despite multiple demands. After that, the FTC filed a complaint against LegalShield for multiple violations, including misleading representations. [8]

Jeff Bell is LegalShield’s new CEO, and this guy is no joke.

Bell got his MBA from none other than the Wharton School of Business back in 1989. He’s worked in key positions at Ford Motors, Chrysler, NBCUniversal, Advertising Age, where he won them their first-ever Online Marketer of the Year award in 2005, and Microsoft, where he oversaw the launch of Halo 3, among other major releases, as Vice President of Global. [9, 10]

He’s got decades of experience in marketing and advertising at some of the world’s biggest corporations, and he was named as LegalShield’s new leader in 2014. [11]

Hopefully, he can replicate his success in the world of multi-level marketing. This will be his first MLM, but maybe that’s a good thing. Maybe his credentials can fend off the FTC.

So maybe he can turn their rep around. However, in March of 2016, he made the decision to leave the Direct Selling Association, the regulatory body that pretty much ensures that an MLM is at least semi-legit (see the full MLM rankings here).

Bell claims their decision to leave the DSA is because the DSA actually isn’t enforcing its own Code of Ethics against other MLMs who are clearly breaking it, and thus is weakening the direct selling industry as a whole. Wouldn’t be the first time. [12]

As of January 2016, LegalShield membership began a steady increase, hitting 1,612,183 members before the end of the year. Now, they’re over 1.7 million members. Smells like a comeback.

How much does LegalShield cost?

At the time of writing this, it costs $99 for a New Associate Start-Up Kit, which includes online training, materials, sponsor support, a back office, and a few other perks.

Products

LegalShield sells legal services, in case their name didn’t tip you off. They claim to offer direct and affordable access to law firms.

They have a network of almost 7,000 independent attorneys throughout the United States and Canada who offer these services. For your monthly membership fee, which varies by state but usually comes out to just under $25/month, you get:

Legal Advice: If you ever need advice or consultation from a legal representative, you always have one at your service.

Legal Representation: In the case that you should need legal representation, you have their independent attorneys at your disposal.

Automotive Defense: Accident defense and moving violation assistance.

Familial and IRS Legal Services: This covers everything from divorce and name changes to IRS audits.

Considering legal advice can cost hundreds, and representation from an attorney can cost anywhere from $150-$500 per hour, it’s not a bad deal.

The company also now sells identity theft protection services starting at $9.95/month. The basic plan covers you and a spouse, and includes:

Credit report and credit score analysis

Credit restoration

Unlimited ID theft consultations

Minor protection

Credit monitoring and alerts

Honestly, if you have even a halfway decent bank or own a credit card, you probably already have access to all of these services for free.

Compensation Plan

You’re selling a monthly membership, and when you get a new customer, LegalShield pays you an advance for a year’s worth of that customer’s membership. Sounds great, right? Yeah, until that customer decides to cancel, and you have to pay back a huge chunk of that advance.

The compensation plan is nowhere to be found on their website, and the information you can find is very vague. It doesn’t list any specific commission rates.

There are four ways to earn:

Personal Sales

You make a percentage on each membership you sell, which varies by rank. This is roughly what you can make, according to rank:

Junior Associate: Up to 50%

Associate: Up to $75 on each sale

Senior Associate: Up to $100 on each sale

Manager: Up to $125 on each sale

Director: Up to $150 on each sale

Executive Director: Up to $182.50 on each sale

These numbers look generous, but remember, they are advances on 12 months of membership payments. Also, it’s very, very difficult to move up even past Junior Associate, let alone all the way to director levels.

Build a Team

Team commissions are offered in the form of bonuses for every membership they sell. Exact numbers are not specified.

Residual Income

After a membership that you’ve sold lasts a year, you make a monthly commission on each month they stay active. Whether or not this commission is the same as before isn’t stated, but this is basically number one rehashed.

Performance Club

Each time you sell memberships and recruit new associates, you earn points. If you earn enough (fat chance), you can start earning cash bonuses and prizes.

Recap

The company is not without their scandals. They’ve got a pretty colorful history, to say the least.

However, it seems that the worst might be over for them. They’ve survived dozens of legal battles, and since going private, they’ve only had one claim made against them. (It looks pretty frivolous; they’ll probably pull it out.) On top of that, they’re being run by a rock star CEO, and so far, he’s doing good things for the company.

That being said, the commission plan is vague, at best. It’s really not clear how much money you’d make as an associate. One thing that is clear – you’re probably not getting rich here.

I’ve been involved with network marketing for over ten years so I know what to look for when you consider a new opportunity.

After reviewing 200+ business opportunities and systems out there, here is the one I would recommend:

Click here for my #1 recommendation

#MLM companies #network marketing companies

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antionetterparker · 6 years ago

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LegalShield: Are their legal services really legal? [Review]

When you see a legal advisor embroiled in ongoing legal battles, you can’t help but wonder…

If they’re the real deal, why can’t they defend themselves?

But LegalShield may finally have their act together. The question now is whether you can make any money with this MLM.

LegalShield was once a big, bad, publicly-traded company with a network marketing opportunity on the New York Stock Exchange…until they went private faster than a celebrity in rehab.

Judging from some of their past scandals and legal troubles, going private was definitely a smart move. But are they worth joining? We’ll let you decide.

FAQ

5. What is LegalShield’s BBB rating? A+

6. How long has LegalShield been in business? Since 1972

7. What is LegalShield’s revenue? $457 million

8. How many LegalShield distributors are there? 287,812

10. Comparable companies: Market America, Life Leadership, Primerica

So should you join LegalShield?

I’m not a hater of the company at all, there’s definitely a market for legal advice and resources. But as far as passive income opportunities go, there are better options out there.

Click here for my #1 recommendation

Either way, here’s the full review on LegalShield.

Overview

Jeff Bell is LegalShield’s new CEO, and this guy is no joke.

He’s got decades of experience in marketing and advertising at some of the world’s biggest corporations, and he was named as LegalShield’s new leader in 2014. [11]

Hopefully, he can replicate his success in the world of multi-level marketing. This will be his first MLM, but maybe that’s a good thing. Maybe his credentials can fend off the FTC.

As of January 2016, LegalShield membership began a steady increase, hitting 1,612,183 members before the end of the year. Now, they’re over 1.7 million members. Smells like a comeback.

How much does LegalShield cost?

At the time of writing this, it costs $99 for a New Associate Start-Up Kit, which includes online training, materials, sponsor support, a back office, and a few other perks.

Products

LegalShield sells legal services, in case their name didn’t tip you off. They claim to offer direct and affordable access to law firms.

Legal Advice: If you ever need advice or consultation from a legal representative, you always have one at your service.

Legal Representation: In the case that you should need legal representation, you have their independent attorneys at your disposal.

Automotive Defense: Accident defense and moving violation assistance.

Familial and IRS Legal Services: This covers everything from divorce and name changes to IRS audits.

Considering legal advice can cost hundreds, and representation from an attorney can cost anywhere from $150-$500 per hour, it’s not a bad deal.

The company also now sells identity theft protection services starting at $9.95/month. The basic plan covers you and a spouse, and includes:

Credit report and credit score analysis

Credit restoration

Unlimited ID theft consultations

Minor protection

Credit monitoring and alerts

Honestly, if you have even a halfway decent bank or own a credit card, you probably already have access to all of these services for free.

Compensation Plan

The compensation plan is nowhere to be found on their website, and the information you can find is very vague. It doesn’t list any specific commission rates.

There are four ways to earn:

Personal Sales

You make a percentage on each membership you sell, which varies by rank. This is roughly what you can make, according to rank:

Junior Associate: Up to 50%

Associate: Up to $75 on each sale

Senior Associate: Up to $100 on each sale

Manager: Up to $125 on each sale

Director: Up to $150 on each sale

Executive Director: Up to $182.50 on each sale

Build a Team

Team commissions are offered in the form of bonuses for every membership they sell. Exact numbers are not specified.

Residual Income

Performance Club

Each time you sell memberships and recruit new associates, you earn points. If you earn enough (fat chance), you can start earning cash bonuses and prizes.

Recap

The company is not without their scandals. They’ve got a pretty colorful history, to say the least.

That being said, the commission plan is vague, at best. It’s really not clear how much money you’d make as an associate. One thing that is clear – you’re probably not getting rich here.

I’ve been involved with network marketing for over ten years so I know what to look for when you consider a new opportunity.

After reviewing 200+ business opportunities and systems out there, here is the one I would recommend:

Click here for my #1 recommendation

via https://mlmcompanies.org/legalshield/

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antionetterparker · 6 years ago

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Life Leadership: Chump change or real money? [Review]

Leadership training should position you for the best opportunities in life…

But there are always exceptions.

Like the five-figure debt a bachelor’s degree can give you—without making it easier to get a great job—some opportunities look better on paper than they do in real life.

This may be one of those “opportunities.”

Life Leadership is a network marketing company that offers training and mentoring on how to be personally, professionally, and financially successful.

Sounds pretty similar to the likes of World Ventures, but this company has done a few things different.

FAQ

1. What does Life Leadership sell? Life Leadership offers products in three categories—financial, professional, and personal development—each designed to help you improve your personal lifestyle. Their materials include audios, videos, and books, as well as interactive training to help people track their expenses, save money on spending, protect their identity, and more.

2. What are Life Leadership’s most popular products? Their most popular product is Financial Fitness, which is designed to help people struggling with debt and credit problems achieve debt freedom.

3. How much does it cost to join Life Leadership? To join, you’ll need to buy a business starter kit for $99.99.

4. Is Life Leadership a scam? No, Life Leadership is a legitimate company. Their training systems have been recognized by business owners, educators, authors, military leaders, and elected government officials. The creators of their training have been named on the Inc.com Top 50 Leadership and Management Experts list and featured in Networking Times, Success, and Success from Home magazines. The products themselves have also won multiple awards, including Gold ADDY Awards for Design, Living Now Book Awards, eLit Awards, Illumination Book Awards, Axiom Business Book Awards, and Reader’s Legacy Choice Awards. So sure, the business is legit. The real question is whether you’ll make any money at it, and the likelihood for that is pretty low. Keep reading to learn more.

5. What is Life Leadership’s BBB rating? A+

6. How long has Life Leadership been in business? Since 2001

7. What is Life Leadership’s revenue? $9 million as of 2015

8. How many Life Leadership distributors are there? We weren’t able to find any numbers online.

9. What lawsuits have been filed? From 2007 to 2010, Life Leadership (then known as TEAM) fought Quixtar (aka Amway) and lost all three cases. Why? Life Leadership’s founders were formerly top-level Amway distributors and wanted to be released from their no complete clauses. Amway wasn’t having it, and it wasn’t pretty. [1, 2] In 2015, Mark and Raquel Peters sued Life Leadership founders for misrepresenting the business opportunity and stripping them of their income. [3]

10. Comparable companies: ClickFunnels, Usborne Books

Product-wise, this company seems alright. But as far as an income opportunity goes, there are certainly better options out there.

Click here for my #1 recommendation

Either way, here’s the full review on Life Leadership.

Overview

Life Leadership was founded in November 2011 by seven entrepreneurs: Orrin Woodward, Chris Brady, Claude Hamilton, George Guzzardo, Bill Lewis, Dan Hawkins, and Tim Marks.

Life Leadership was started with the following mission:

“…to help people live The Life They’ve Always Wanted by providing world-class, life-changing products and services to our customers and an industry-leading compensation plan to our sales force in the field.”

Pretty vague. Can you tell what they’re selling yet? Probably not.

According to the website, the founders include:

A New York Times bestselling author

A Guinness World Record holder for largest book signing

Two of Inc. Magazine’s Top 50 Leadership and Management Experts

Modern Servant Leader’s Top Leadership Experts

Magazine’s Top 100 Speakers

Top 20 Most Followed Leadership Influencers on Twitter

HR’s Top 100 Blogs for Management and Leadership

Most of the accomplishments listed above seem to come from Orrin Woodward, an author and blogger on everything from leadership and management to financial health and the media. He’s pretty accomplished and seems to be leading the pack.

Woodward got his start with Amway back in the early 90s. He was so successful, he started selling leadership and motivational tools to other distributors at the company. Of course, Amway wasn’t crazy about that, even though (according to Woodward) his tools helped Amway generate an extra $200 million in sales one year.

Either way, he left in 2007 to start his own full-fledged leadership and motivational company called Team. An article in Forbes back in 2008 calls the company “a pyramid on top of a pyramid.” [4]

Eventually, they were hit with a lawsuit from Amway in 2010 that was settled confidentially. In 2011, Life Leadership was born (aka Team was renamed).

How much does Life Leadership cost?

The Business Starter Kit costs $99. In order to stay active, a Member must also purchase a monthly subscription to one of the company’s products.

Products

Life Leadership sells educational products that come in the form of audio CDs, videos, and books. The company also holds over 7,500 live events every year in various locations around the world.

The products are based on the teachings of both Woodward and Brady, and they’re not without their fair share of awards. Aside from the NY Times Bestseller list, they’ve also won a Gold ADDY Award for Design, eLit Awards, Living Now Book Awards, Illumination Book Awards, and Reader’s Legacy Choice Awards.

Life Leadership sells leadership and motivational programs and tools in the following three categories:

Financial Development

Professional Development

Personal Development

Financial Fitness

These are their financial development products. Subscription products range from $11-$22 per month, and includes financial tracking and savings tips as well as tools for building good wealth habits. Master classes charge a one-time fee ranging from $109-$246.99, and they teach students the basics of financial fitness and personal finance.

Corporate Education

These are professional development tools based on the bestselling book Launching a Leadership Revolution by Orrin Woodward and Chris Brady. Subscriptions cost $64.95 for 6 months and include 1 book and 4 audios each month.

Personal Development

Their personal development products come in the form of monthly subscriptions ranging from $11/month to $82.50/month. They teach things like personal growth, the principles of success, the principles of freedom, and spiritual growth (for Christians). They even have personal development products geared toward teens and pre-teens.

Compensation Plan

Life Leadership’s compensation plan offers 19 and ½ ways to make money, which is really just a gimmick. A compensation plan never needs more than 4 or 5, maybe 6 or 7 different ways to make money – after that the plan is just needlessly complicated, probably to distract people from the fact that they’re still not making any money. [2]

If I went into detail on all 16.5 ways to make money with Life Leadership, you’d probably die of boredom before getting to the end. So, I’ll just list out all 19 (and a half) and then discuss the most important.

Retail Sales Commission

Customer Pool Bonus

Cumulative Customer Bonus

Personal Volume Bonus Chart Commissions

Customer Bonus Chart Commissions

Differential Bonus Chart Commissions

Product Scholarship Program

Scholarship Development Bonus

Fun in the Sun Cruise

Balanced Business Bonus

Annual Cash Awards

Leader Bonus

13-16. Various Depth Bonuses

½. The “3 for FREE” Customer Referral Program

Retail Sales Commission is 15% on all personal sales – not very high compared to other popular MLMs like Scentsy, Beachbody, and LegalShield.

The “3 for FREE” program means that if you get three customers subscribing to products that cost as much as or more than your subscription in a month, you get that month for free.

The Customer Pool Bonus is a bonus paid out based on a Member’s total Registered Customer sales in a month, as long as they hit at least 600 PV. This bonus starts at $50.

The Cumulative Customer Bonus is a similar bonus based on Registered Customer sales, but it’s an annual bonus based on a distributor’s sales in an entire calendar year. The bonus ranged from $500 for 5,000 PV in annual sales to $40,000 for 200,000 PV in annual sales. Of course, you have to stick around for a year to get this bonus, and most don’t.

The Differential Bonus Chart Commission is money you make based on the total volume sold by your downline. Exact numbers are not specified.

The Scholarship bonuses (7 & 8) are monthly bonuses ranging from $60-$500 that depend on the size and performance of your team.

The Depth Bonuses (13-16) are rank bonuses that reward distributors for moving up in rank and also reward them for having team members who move up in rank.

Recap

The compensation plan might all sound pretty confusing, and it’s supposed to. But if you look past all the gimmicks and jargon, to the income disclosure statement at the bottom of the compensation plan, it’s pretty clear how much money you can make.

The majority of Life Leadership distributors, about 65%, are making $.07-$82.29 per month. That’s right – 7 cents. Even the high end here is barely making enough to pay off their subscription.

Look, I’ve been involved with network marketing for over ten years so I know what to look for when you consider a new opportunity.

After reviewing 200+ business opportunities and systems out there, here is the one I would recommend:

Click here for my #1 recommendation

via https://mlmcompanies.org/life-leadership/

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mlmcompanies · 6 years ago

Link

Leadership training should position you for the best opportunities in life…

But there are always exceptions.

Like the five-figure debt a bachelor’s degree can give you—without making it easier to get a great job—some opportunities look better on paper than they do in real life.

This may be one of those “opportunities.”

Life Leadership is a network marketing company that offers training and mentoring on how to be personally, professionally, and financially successful.

Sounds pretty similar to the likes of World Ventures, but this company has done a few things different.

FAQ

2. What are Life Leadership’s most popular products? Their most popular product is Financial Fitness, which is designed to help people struggling with debt and credit problems achieve debt freedom.

3. How much does it cost to join Life Leadership? To join, you’ll need to buy a business starter kit for $99.99.

5. What is Life Leadership’s BBB rating? A+

6. How long has Life Leadership been in business? Since 2001

7. What is Life Leadership’s revenue? $9 million as of 2015

8. How many Life Leadership distributors are there? We weren’t able to find any numbers online.

10. Comparable companies: ClickFunnels, Usborne Books

Product-wise, this company seems alright. But as far as an income opportunity goes, there are certainly better options out there.

Click here for my #1 recommendation

Either way, here’s the full review on Life Leadership.

Overview

Life Leadership was founded in November 2011 by seven entrepreneurs: Orrin Woodward, Chris Brady, Claude Hamilton, George Guzzardo, Bill Lewis, Dan Hawkins, and Tim Marks.

Life Leadership was started with the following mission:

Pretty vague. Can you tell what they’re selling yet? Probably not.

According to the website, the founders include:

A New York Times bestselling author

A Guinness World Record holder for largest book signing

Two of Inc. Magazine’s Top 50 Leadership and Management Experts

Modern Servant Leader’s Top Leadership Experts

Magazine’s Top 100 Speakers

Top 20 Most Followed Leadership Influencers on Twitter

HR’s Top 100 Blogs for Management and Leadership

Either way, he left in 2007 to start his own full-fledged leadership and motivational company called Team. An article in Forbes back in 2008 calls the company “a pyramid on top of a pyramid.” [4]

Eventually, they were hit with a lawsuit from Amway in 2010 that was settled confidentially. In 2011, Life Leadership was born (aka Team was renamed).

How much does Life Leadership cost?

The Business Starter Kit costs $99. In order to stay active, a Member must also purchase a monthly subscription to one of the company’s products.

Products

Life Leadership sells educational products that come in the form of audio CDs, videos, and books. The company also holds over 7,500 live events every year in various locations around the world.

Life Leadership sells leadership and motivational programs and tools in the following three categories:

Financial Development

Professional Development

Personal Development

Financial Fitness

Corporate Education

Personal Development

Compensation Plan

Retail Sales Commission

Customer Pool Bonus

Cumulative Customer Bonus

Personal Volume Bonus Chart Commissions

Customer Bonus Chart Commissions

Differential Bonus Chart Commissions

Product Scholarship Program

Scholarship Development Bonus

Fun in the Sun Cruise

Balanced Business Bonus

Annual Cash Awards

Leader Bonus

13-16. Various Depth Bonuses

½. The “3 for FREE” Customer Referral Program

Retail Sales Commission is 15% on all personal sales – not very high compared to other popular MLMs like Scentsy, Beachbody, and LegalShield.

The “3 for FREE” program means that if you get three customers subscribing to products that cost as much as or more than your subscription in a month, you get that month for free.

The Customer Pool Bonus is a bonus paid out based on a Member’s total Registered Customer sales in a month, as long as they hit at least 600 PV. This bonus starts at $50.

The Differential Bonus Chart Commission is money you make based on the total volume sold by your downline. Exact numbers are not specified.

The Scholarship bonuses (7 & 8) are monthly bonuses ranging from $60-$500 that depend on the size and performance of your team.

The Depth Bonuses (13-16) are rank bonuses that reward distributors for moving up in rank and also reward them for having team members who move up in rank.

Recap

The majority of Life Leadership distributors, about 65%, are making $.07-$82.29 per month. That’s right – 7 cents. Even the high end here is barely making enough to pay off their subscription.

Look, I’ve been involved with network marketing for over ten years so I know what to look for when you consider a new opportunity.

After reviewing 200+ business opportunities and systems out there, here is the one I would recommend:

Click here for my #1 recommendation

#MLM companies #network marketing companies

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