Thank you for taking the time to check out my Lifewave review!
We’re going to take the next few minutes to take a look and get some answers.
The main concern I have for people who are researching this opportunity is that I don’t want them to get burned. In the profession of network marketing, anything could happen.
A company ends up shutting down in a few months due to bad business decisions for being non-compliant, compensation plan change, or the company not paying it’s distributors.
I understand that many of you are new. Sometimes we are not in a position to make a solid business assessment due to inexperience.
Additionally, I am going to offer you a way for you to escape the ‘9 to 5’ if you decide that this company is not for you.
By the time you have read the review, you will be able to decide if Lifewave is a fit or not. I do not promote, nor I am affiliated with Lifewave.
With that said, let’s dive in!
What is Lifewave?
LifeWave is an MLM company in the health and wellness niche. The company was founded in 2004 by David Schmidt and is currently based in California, United States.
For over three decades, Schmidt has worked as an entrepreneur and product developer, and he even worked for the military as a researcher.
This technology was developed by Dr. David Schmidt. It is claimed to be very effective in addressing health and wellness issues that many people have experienced. Health issues like insomnia, anxiety, stress, and a whole gamut of things that affect one’s physical health and mental wellness.
They believe that their products and flexible business opportunities can help you approach each day with more drive, focus, enthusiasm and passion. Because when you’re at your best, you experience the world differently and new possibilities open up all around you.
The Lifewave Product Line
The flagship product of LifeWave is their “healing patches”. It is also their most popular yet controversial product because they made some pretty bold claims regarding them.
These so-called healing patches were allegedly created using nanotechnology. They say that no chemicals or drugs were involved in the manufacturing process of these patches, and that it only contains oxygen, water, and amino acids. Even I got confused about what they were trying to say here.
Apparently, just sticking these patches to parts of your body will improve your health dramatically. That sounds made up, and I am not sure if they are aware that people are not really that dumb to believe such claims.
They state that these patches stimulate pressure points in your body, which explains why using them will benefit your health. I guess this video will help explain that better.
How to join Lifewave
So first things first, you’ll need to pay a $25 fee to join.
It contains the Basic Starter Kit to help you get started with the business.
However, just like many other MLM, you can’t do anything much with the Basic Starter Kit.
They’ll push you to purchase more packages because “The more money you pay, the more money you can earn”.
This is the exact reason why I don’t recommend MLM.
So, here are the packages you are expected to purchase:
- Bronze – $99.95
- Silver – $299
- Gold – $499
- Platinum – $999
- Diamond – $1,499
Your sponsor will always recommend you to purchase the higher end packages because they can make more money.
They’ll always tell you that you can earn more money by purchasing the more expensive packages!
It is true because the system is setup that way to take more money from you. That’s how most people get further into debt instead of making money when they start a MLM business.
By the way, there’s also a Monthly Autoship requirement you have to meet in order to stay active and qualify for commissions.
Lifewave Compensation Plan
LifeWave’s compensation plan is primarily geared towards the recruitment of new affiliates and their purchase of the company’s products. Weekly residual commissions are paid out via a binary with a unilevel based matching bonus.
LifeWave offer their affiliates retail commissions on product orders made by retail customers (non-affiliates).
Referred to as a “Product Introduction Bonus”, LifeWave pay affiliates commissions on the recruitment of new affiliates.
How much of a commission is paid out depends on how much money a new LifeWave affiliate spends on membership:
- Bronze – $15
- Silver – $50
- Gold – $100
- Platinum – $150
- Diamond – $200
If an affiliate upgrades their membership at any time, provided they meet the recruitment commission qualification criteria, the recruiting affiliate earns the difference in commission above between the two membership levels (the current membership level and the one being upgraded to).
Note that in order to qualify for recruitment commissions, a LifeWave affiliate must have purchased at least 55 Product Volume (PV) within five weeks prior to the week the commission is being paid out.
Residual commissions in LifeWave are paid out using a binary compensation structure. A binary compensation structure places an affiliate at the top of the structure with two positions directly under them.
These two positions form the beginning of two sides, with both positions branching out into an additional two positions each, again and again down a theoretically unlimited number of levels.
Positions in an affiliates binary are filled either via direct recruitment, or the recruiting efforts of an affiliate’s up and downlines.
Commissions are paid out based on volume generated by both sides of an affiliate’s binary (downline volume), with 330 Group Volume (GV) matched up from one side with 660 GV on the other side (which side is matched up with the other does not matter).
Everytime the above volume matching condition is met (calculated weekly), an affiliate earns a $50 commission.
Binary commissions in LifeWave are capped weekly, depending on how much an affiliate pays each month in membership fees:
- Bronze – $5000
- Silver – $15,000
- Gold – $25,000
- Platinum – ?
- Diamond – ?
LiveWave do not specify how much Platinum and Diamond ranked affiliates can earn in the binary (presumably it’s the same as Gold or not capped).
Note that in order to qualify for binary commissions a LifeWave affiliate must have personally recruited at least two new affiliates (who are placed one on each binary side) and maintain a 55 PV order over the last 5 weeks prior to the binary commission being paid out.
LifeWave offer affiliates a matching bonus on binary commissions earnt by their personally recruited downlines. This is tracked via a unilevel compensation structure.
A unilevel compensation structure places an affiliate at the top of the structure, with every personally recruited affiliate placed directly under them (level 1).
If any level 1 affiliates recruit affiliates of their own, they are then placed on level 2 of the original affiliate’s unilevel team. If any level 2 affiliates recruit new affiliates they are placed on level 3 and so on and so forth.
LifeWave cap their Matching Bonus at three levels of recruitment, with each level having to be qualified for as follows:
- Level 1 (25%) – must be Silver ranked or higher, have purchased at least 110 PV of products in the 5 weeks prior to the matching bonus being paid out on, recruited at least 4 affiliates of equal or higher rank (2 on each side of the binary) and have had at least 2 volume matches in the binary for that particular week
- Level 2 (20%) – must be Gold ranked or higher, have purchased at least 100 PV of products in the 5 weeks prior to the matching bonus being paid out on, recruited at least 4 Silver or higher ranked affiliates (2 on each side of the binary) and have had at least 6 volume matches in the binary for that particular week
- Level 3 (20%) – must be Gold ranked or higher, have purchased at least 110 PV of products in the 5 weeks prior to the matching bonus being paid out on, recruited at least 6 Silver or higher ranked affiliates (2 on each of the binary) and have had at least 10 volume matches in the binary for that particular week
My Final Thoughts
Before you decide to join Lifewave. I would recommend that you try out the products first. See if it’s a fit for what you’re looking for.
If you don’t believe in the products that you are selling, chances are others wouldn’t. Makes sense, right?
If you’ve decided that you want to join Lifewave, you must have the following if you want to succeed:
- A support team and system that will help build your business.
- A mentor that will take you by the hand and help you reach your dreams and goals.
- A constant flow of new leads and prospects that want to join your business.
It is not easy to be successful in the Lifewave business and which is why more than 95% fail.
If you feel the person you are going to sign up with is not going to be able to give you the necessary tools to help you succeed…
You might want to check this out by clicking here! 😊
Lifewave Is Not A Fit For You?
Now, if you feel that Lifewave isn’t for you. But determined to find a home-based business so that you can create a legacy for you and your family.
I would suggest that you check out my number #1 recommended program.
This program is the reason why so many people are having success with a ‘work from home business’.
Last but not least (drum roll please)…
I would love to hear from you if you are looking to join Lifewave or if you were an affiliate.
Please share your experiences by leaving your feedback below.
The feedback will help out those who are doing research on the company.