About Prosperity of life.

About Prosperity Of Life

Prosperity Of Life is an award-winning creator of personal development and leadership development programs. We distribute our products to clients in over 120 countries around the world.

My name is Rachel Krider. I started my journey with Prosperity of Life 15 years ago as a distributor and became a sevenfigure earner (I earned $1.2 million USD in my first 18 months of business). I later bought into the company, and today I am one of the co-owners and an active member of the Prosperity of Life leadership team.So I know the story from two perspectives: that of a distributor and also that of an industry leader and owner.

The Prosperity of Life distributors work independently from home, following our proven turnkey business system. The business system was designed to allow the motivated entrepreneur the opportunity to work part-time hours and potentially earn a full-time income. We utilize cutting-edge technology and clever internal procedures to fulfil this mission of providing a viable opportunity for the average person to attain financial independence and time freedom.

Why did Prosperity Of Life change the name of the company?

The short answer is the company didn't change its name. Prosperity of Life launched as a brand new company with new ownership and later went through a rebrand. I first met Shane Krider, the visionary behind Prosperity of Life, while working for his previous company, Liberty League International. That special union came a little later in the story, and I will share that in more detail in a future. Shane started Liberty League with Brent Payne, and, in 2009, the guys decided to part ways. They no longer held a united vision for growing the company and came to a mutual decision that it was best to part ways before things deteriorated further between them.

What's with the class action lawsuit brought against Prosperity Of Life?

You may have heard about a class-action lawsuit filed against Prosperity of Life. The company did have a class-action lawsuit brought against it by a U.S. law firm back in 2004. This suit was thrown out of court three times due to filing inaccuracies and incompetency on the part of the law firm doing the filing. There was no judgement or fine against the company. The law firm simply dropped the class action.

Shane's previous company, Liberty League International, did have a class action lawsuit brought against them by a law firm in the United States back in 2004 (before my time). There was a second legal matter that took place due to the actions of a rogue distributor in the state of Arizona, and Shane Krider does a great job of outlining the full story on the company ' s annual Visionaries Live Stream.

Is Prosperity Of Life a pyramid scheme?

A pyramid scheme is when there is simply an exchange of money taking place in the form of promised returns for an investment. In Prosperity Of Life no one makes any money for simply investing money. All distributors make money on the sale of products. No one makes any money for simply recruiting others into the program. We never guarantee any sort of returns. Your success is determined by your own work ethic and your ability to follow our system.

Is Prosperity Of Life a scam?

Prosperity of Life has distributed its programmes to 123 countries around the world and has never been before a court for a judge to deem it to be a scam one way or another. Government agencies in different countries, primarily the U.S. and Australia, request information from our corporate office in regards to our business practices. We are proactive in the area of compliance. Over the years, we have had various government agencies in different countries, primarily the United States and Australia, request information from our corporate office in regards to our business practices. We have a full-time compliance department at our corporate office, and their job is to stay on top of any changes in legislation and to ensure that the Prosperity of Life distributors are operating ethically and appropriately based on the rules of any given country.

IsProsperityOfLifethesameas MultiLevelMarketing(MLM)?

Prosperity Of Life leadership, Lise Reitsma and Kristine Bene, on stage in Miami. If you ask me, someone who has had personal experience with MLM and Prosperity Of Life, I would tell you that there are some similarities between the two business models, but there are some significant differences and those differences make all the difference in the world.

Before I started my journey here I was with a Multi-Level Marketing company for five years. In multi-level marketing you earn a small percentage from the production of your team (your downline). So in MLM if your team sold, say, $10,000 worth of product in a month you might make 5% or $500 from their activity.

Is Prosperity Of Life the same as Multi Level Marketing (MLM)

When I was first introduced to the network marketing and direct selling industries, I saw the opportunity for the very first time that an average person like me could earn royalties or residual income and also tap into leveraged income.

Bono writes the hit song "Sunday Bloody Sunday," and each time it is purchased or played on the radio, TV, or anywhere, Bono earns the agreed-upon royalty or residual income. There are a number of different ways that royalties are paid out, but let's keep it simple and use the example of Bono from U2.

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