You’ve probably ended up on this page because someone has introduced this "amazing opportunity" to you. Now you're doing some more research and searched for a Prosperity of Life review.
How do I know?
I also was shown this "opportunity". Luckily enough for me I was already starting to make a passive income online (see how here).
If you're in a hurry, Prosperity of Life does offer some self-development courses. But they are overpriced and the only way you can make money is by selling these same courses to the next unknowing person.
This makes it very similar to a pyramid scheme in disguise and I'm about to show you why...
Prosperity of Life Review
The overview and rankings
Name: Prosperity of Life
Founders: Shane and Rachel Krider (30 out of 100)
Type: Self Development/ Wealth Creation Network Marketing Company
Products (Including Pricing): 20 out of 100
Success Stories: 10 out of 100
Price To Join MLM: at least $2,438 to start
$153/ month + upsells ($2,285-$16,190... total of $33,950) (5 out of 100)
What To Look For In An MLM:
Summary: Prosperity of Life sells overpriced personal development and wealth building events. The only way for people to make money within the program is by recruiting other people to attend these expensive events and join the company.
That makes it very similar to a pyramid scheme, which is impossible for everyone to make money from.
Make Time Online Rating: 17 out of 100
What is Prosperity of Life?
Prosperity of Life is a network marketing company that used to be known as Polaris Global.
It was founded by Shane and Rachel Krider.
Check out this 4-minute video so you can gain a better understanding...
As you pay close attention to this page you’ll learn the business is based on different personal development and wealth creation products.
It even provides a “business in a box” model.
Simply put, it’s possible for you to make money by promoting their products. If you were to join their program you will be provided with:
- Systems (to promote it)
- Products (you don’t need to create anything)
- Training (how to sell better)
- Mentoring (someone to help you on the way)
Let me ask you, is this starting to sound interesting to you?
But you're probably still wondering...
Is Prosperity of Life a pyramid scheme?
Yes Prosperity of Life is very similar to a pyramid scheme!
The only way members can make money is by recruiting more people into Prosperity of Life events and the business model.
There is no training for you to earn money by selling other products.
What is a pyramid scheme?
A business model that recruits members via a promise of payments for enrolling others into the scheme, rather than supplying investments or sale of products or services.
These are illegal in most countries because it is impossible for everyone to earn money inside a pyramid scheme.
Just see the Wikipedia diagram below to see why...
Prosperity of Life does sell live self development events, which they will argue do count as the services the members can sell.
However, the live events are focused on getting attendees to join the monthly membership. Therefore, the only way members can get paid is by recruiting more people into Prosperity of Life.
Just watch the 5 minute video below to see what I mean by this...
Success is rare with Prosperity of Life
Prosperity of Life claim that they are not a Multi-Level-Marketing company. But here’s a fact for you from How Stuff Works:
99.88% of people lose money in a “product-based” pyramid scheme.
Your chances of making good money from Prosperity of Life are not high!
Ready to make passive income online?
Hey, I'm Mike.
I created a passive income online within a year. I had no marketing skills or online experience when I started.
How does Prosperity of Life Work?
There are 2 types of products that Prosperity of Life focuses on:
- Digital products
- Live events and conferences
Their main product line is called “Master of Destinies”, hence the M1, M2 etc.
But if you’re like me, you may be shocked when you see the price tag for each product...
Prosperity of Life products
Most MLMs sell a range of physical products as is the case in MLMs such as:
However, Prosperity of Life offers a range of personal development workshops and online training modules that really just help you to promote Prosperity of Life.
It's broken up into 4 different main products:
Product #1 – M1: Master of Destinies
Includes a 17 Day Personal Prosperity System & recorded content from the first events of Foundation Live, Sovereignty Live and Influence Live.
Cost: $2,285 (price if you join the business) $2,855 (20% more if you don’t)
Commission if you make a sale: $1,828
Product #2 – M7
Recorded content from the next 2 years of Sovereignty Live and Influence Live (total of 4 more events)
Cost: $4,950 or $5,740
Commission if you make a sale: $3,672
Product #3 – M7 Fast Track
This is a discounted pack that includes M1 & M7.
Cost: $6,250 or $7,820
Commission if you make a sale: $5,000
Product #4 – M2 Sovereignty Live
Participate in a 5-day live event that covers all kinds of wealth creation topics including how money works, how to invest, asset allocation, tax minimisation and more.
Cost: $7,950 or $9,940
Commission if you make a sale: $5,000
Product #5 – M3 Influence Live
Advanced personal development & leadership strategies. Learn how you create your own life by the thoughts and beliefs you hold. Find out how to take control of your future.
Cost: $12,950 or $16,190
Commission if you make a sale: $8,000
Yes, the price tags on here are rather juicy. But have you noticed how much you can earn on commission?
Well, let’s dig in here a bit deeper…
How to get started with Prosperity of Life
If you’re like me, you probably want to know what process you will need to go through and how much you need to spend to get started with this business…
So to make this more simple than they make it, I will break this into 4 stages...
Stage 1- Interview
First of all, you need to request an interview, because apparently, not everyone is a good fit for this model.
However, you need to have a sponsor before you can do this i.e. someone who referred the company to you.
Disclaimer… I do not endorse this program. If you are interested in starting try YouTube to find some Prosperity of Life reviews and you should be able to find a good sponsor after a bit of research.
Prosperity of Life monthly cost
Stage 2- Startup costs
So if you “progress” after the interview you need to pay for a couple of things:
- Registration fee $39.95 per month
- Lead manager $29.95 per month
- Training portal $33.00 per month
- Marketing websites $49.95 per month (Online Business Manager, Lead Vortex Pro and Conference Call System)
You will need to pay an ongoing $153/ month to start the business.
Important note- it is very unlikely you will not be “a good fit” for them so don’t get too excited if you “pass the interview”!
How much does it cost to join Prosperity of Life?
Stage 3- Purchase the Products You Would Like to Promote
Rachel and Shane make a good point here.
You don’t want to just promote something that you don’t fully understand. After all, who better to promote something than an actual consumer of the product.
However… have you seen the price of their products?
This means you will have to spend a further:
- $2,285 (M1) up to $29,270 (all the products)
Are you starting to see how this adds up just to “give it a try”?
How to make money from Prosperity of Life
Stage 4- Earn Commission… But…
There’s one more sting in the tail before you can actually earn anything…
You will not earn any commission from your first 2 sales.
You have to “pass up” these sales to your sponsor.
Again, the Krider’s make a valid point that this means anyone you introduce will do the same for you when they make their first sales. This certainly gives you an incentive to make sure they understand how to promote the program and use it well, which encourages good mentorship.
People helping people can only be a good thing, right?
However, it’s important to note that you will have to do this to become a qualified director for M1 and M7 separately (resulting in “passing up” 4 sales).
But if you went down the M7 fast track route you only need to pass up 2 of these courses to be qualified for M1 and M7, plus you save $625!
Now I can almost hear your mind screaming…
Is Prosperity of Life a scam?
There are two main ways an online course can be a scam:
- Take your money and run off into the sunset, never to be heard from again
- Provide some information but it doesn’t live up to their promises
It 100% does not fit scam type #1.
However, it could be argued (and as you’re about to find out has been argued) that it doesn’t live up to their promises.
Earning $100,000+ per year working 4 hours at home is a dream for most people.
But as you continue to read this Prosperity of Life review, there are a lot of red flags surrounding this program.
Just to be fully transparent with you, I am not a distributor myself and I do not endorse Prosperity of Life in any way.
I have researched the website, testimonials and information on the Internet to get to the bottom of what this program genuinely does. This is because I have been burnt from programs just like this in the past and I want to prevent others from making the same mistakes.
Prosperity of Life Red Flags
So here are some of the hidden truths about Prosperity of Life that everyone should be aware of before giving it a shot.
- Pyramid Scheme – recruits members via a promise for payment from referring others to the service rather than providing a product
- Affiliate Marketing- Connecting a customer to a product they are looking for and receiving a commission for doing so
- Red Flag - A warning sign
#1 Previous Scams by Owners
This is NOT the first network marketing program Shane Krider has made!
Courthouse News reports that Liberty League, Shane’s previous venture, took more than $5 million in a pyramid scheme.
Some people will argue that it’s possible to change and Shane is making a real difference now.
But just scan over the first paragraph in the report…
Is this starting to sound familiar to you?
#2 The Crazy High Price of the Events
Self-development is crucial to people that want to make a significant difference.
Anyone that wants to have their own business or live life on their own terms NEED to continually improve themselves.
However (how did you know this was coming?)… compare this to other self-development events such as Tony Robbins and Gary V who some people consider are the best in the world.
Here is how much Gary V’s 2-day event in London in September will cost.
Tony Robbins business mastery events (a 5 day deep dive into your own business) sell for under $5000 and under $1000 for the 4-day Unleash the Power Within.
If you want to just watch recorded videos of certain events at home, have you ever heard of YouTube?…
Here’s a fact for you:
It’s hard to sell a product when you know there are better products on the market that cost less.
So we’ve already discovered that you need to go through the 4 phases before you make any money:
- Buy starter pack & marketing tools ($49.95 + $153/month)
- Purchase products (between $2,285- $33,950)
- Make at least 2 sales to “pass up” to your sponsor
The lowest amount you’d need to spend before you earn anything is $2,438.
This is assuming you make 3 sales in your first month as you will need to spend $153 every month for the marketing tools.
This is never explained to you before you “try it out”… so much for “giving it a try”!
#4 Restricted to What You Can Sell- Is Prosperity of Life a Pyramid Scheme?
You can only sell Prosperity of Life products.
There’s no training for you to earn by selling other products.
Let me ask you this… who are the people you’re likely going to be able to sell this to?
Other people that are interested in joining the Prosperity of Life program to make money from home!
Remember, pyramid schemes are unsustainable and often illegal. Take a guess at who the real winners are in this scheme…
You got it in one!...
The Krider’s (the owners).
#5 Pay Your Sponsor (Director) Directly
Now this one got the alarm bells ding-a-linging!
When you make a payment for a course you’ll send it to your director (person who introduced you).
So you don’t make payment directly to the company. Maybe this helps with the commission structure but it certainly seems strange!
The more you read this Prosperity of Life review, the more you wonder if it’s worth your time.
#6 Prosperity of Life Negative Reviews
There are too many negative Prosperity of Life reviews online to share them all.
So here is one that I think sums it up very well.
#7 Encouraging People to Take on Debt to Pay
Now, this is a common Prosperity of Life review I found from a few different sources:
Encouraging everyday people to take out a $30,000 loan to pay for the whole shebang because they will make it back quickly is BONKERS!
There are 3 big reasons for this:
- There is no guarantee they will make it back
- It may not be something they are interested in
- Everyone’s circumstances are different
Most people will agree that if someone is needing to take out a loan to start, they are likely someone that shouldn’t be starting!
However, think about these 2 people:
- A 21-year-old with no job, spouse or kids but has loving parents and can live with them
- A 35-year-old with a full-time job, mortgage, 4 kids and thousands of dollars of student debt
The first person can probably take a gamble and the self-development courses may well be something that sparks an entrepreneurial flair and give them focus.
The second person could be crippled by needing to pay an extra few hundred dollars every month and not have any time to dedicate to making the program work.
Ready to make passive income online?
I've created a growing passive income online with no previous marketing skills or online experience...
I've made a special video for you to explain exactly how I did this.
My opinion - Prosperity of Life
That last example sums up my thoughts quite nicely.
However, if you want my totally honest opinion…
It’s just not worth the money.
There are much better ways to make money and much better products on the market that cost a fraction of the price. At the end of the day, you can’t pay someone else to hold your hand and make something work for you. Gary V explains this much better in 60 seconds…
It may be possible to make some commissions from this but the cost to entry is so high for something that you really don’t know if you’ll enjoy at all.
This system is really targeting people that probably can’t afford it. And chances are the person who introduced you to it still doesn't really understand how it works, so it may be worth sharing this with them.
Just think about it…
- Successful entrepreneurs - They won’t have the time (or desire) to market Prosperity of Life.
- People living paycheck to paycheck - The people this program is really aimed at. It pulls on their emotions but they are likely to be the people that won’t have the time to see success with the marketing and selling of the products.
The end result is they are demotivated, give up and are a few thousand dollars out of pocket.
How I make passive income online
MLMs are not all scams or illegal. However, I'm not a fan of them because of the restrictions to the expensive products you have to promote.
Once I learnt about affiliate marketing, I realised it's a far superior business model because:
- You can promote anything you want and truly own the business
- You never need to sell to friends and family
- It's completely free to start
In 2018 I had no idea what affiliate marketing was.
But I went from a full time PE teacher to making a passive income online within one year...
If you want to discover how I did it then check out this special video I created which explains exactly how. You can also get your free 7-day bootcamp to get started.