A new study shows valuations for tech companies and others are coming down. That could spell trouble for companies that stay private longer.
Hot Business News Today
Hot Business News Today
5 Ways to Turn Your Business into a Top Company for Leaders
by Peter Economy • • 0 Comments
Hot Business News Today
How These 10 Black Entrepreneurs Built 10 Fast-Growth Companies
by Rebecca Borison • • 0 Comments
From IT and staffing to everything in between, check out the top 10 Inc. 5000 companies that are headed up by African Americans.
Hot Business News Today
The One Question Your Market Research Gets Wrong Every Time
by Erik Sherman • • 0 Comments
Hot Business News Today
Less angst over health care at small businesses
by Successful IBO • • 0 Comments
Hot Business News Today
Mannatech Officially Completes The M5M China Run
by Nicole Dunkley • • 0 Comments
Mannatech®, Incorporated, the pioneer of nutritional glycobiology, leading innovator of naturally-sourced supplements based on Real Food Technology® solutions, and creator of the M5M (Mission 5 MillionSM) social entrepreneurial movement, announced that on October 28, 2014, ultra-endurance athlete Jason Lester officially passed the finish line of the M5M China Run. Lester became the first person in history to complete a solo run of 2,500 miles across the Great Wall of China in 100 days or less to raise awareness of the global epidemic of childhood malnutrition.
The run officially began on August 8, 2014 in Jiayuguan, in the Gansu province of China. Around midday on day 83 of the run, Lester crossed the finish line at the Shanhaiguan District Old Dragons Head entrance in Qinhuangdao, Hebei province, officially completing the 2,500-mile journey. Lester’s goal was to finish the run within 100 days, requiring an average daily trek equivalent to almost a full marathon per day. After increasing his daily runs to double marathons at times, he was able to accomplish this feat with 17 days to spare.
Mannatech has partnered with Lester as the title sponsor of the M5M China Run as a part of their ongoing Mission 5 Million, or M5M, movement. The
Hot Business News Today
ForeverGreen’s October 2014 Sales Increase 130%
by Nicole Dunkley • • 0 Comments
ForeverGreen Worldwide Corporation, a leading direct marketing company and provider of health-centered products, announced that October 2014 revenue exceeded October 2013 sales by more than 130%.
“During October 2014, our sales reached an all-time monthly high. Revenues were more than $5.8 million compared to a then record of $2.5 million during October 2013. We remain on track to achieve our seventh consecutive quarter of revenue growth and sixth straight quarter of profitability,” said Jack Eldridge, CFO.
“With the launch of several new products, we anticipate revenue and net profit growth continuing to accelerate moving forward. We remain on track for meeting or exceeding our previously announced revenue guidance for the year of $56-60 million.”
About ForeverGreen Worldwide
ForeverGreen Worldwide Corporation develops, manufactures and distributes an expansive line of all natural whole foods and products to North America, Australia, Europe, Asia and South America, including their new global offerings, PowerStrips, SolarStrips and BeautyStrips. They also offer Azul and FrequenSea, whole-food beverages with industry exclusive marine phytoplankton, the Versativa line of hemp-based whole-food products, immune support and weight management products, Pulse-8 powdered L-arginine formula, TRUessence Essential Oils and Apothecary, 24Karat Chocolate and an entire catalog of meals, snacks, household cleaners and personal care products.
Hot Business News Today
4Life Announces Philippines Office Expansion
by Nicole Dunkley • • 0 Comments
4Life Philippines recently held a ribbon-cutting for the expansion of its Manila office. The new business center and training space is located on the 16th floor of the office’s current building. More than 1,000 attendees gathered at the San Miguel Properties Centre in Mandaluyong City for the event.
The occasion included a ribbon-cutting ceremony, executive remarks by Vice President, International Steve Apple and 4Life Philippines General Manager Eileen Tan-Dario, and the product launch of Fibre System Plus™.
Top distributor leaders in attendance included Gold International Diamond Manuel Koh and numerous International Diamonds.
4Life opened the Philippines in 2005. The new office space reflects the growth of independent distributor businesses throughout the country.
Eileen Tan: “4Life is committed to supporting distributors as they work to achieve their goals and realize their dreams. The success of our business builders is our executive team’s primary responsibility and pride.”
About 4Life
In 1998, 4Life Founders David and Bianca Lisonbee launched the company’s flagship immune system support product, 4Life Transfer Factor. As the first network marketing company to do so, 4Life’s leading group of doctors, scientists, and researchers continue to advance immune system science with innovations in product formulation, production standards, delivery methods, and more. Today, people in more than 50
Hot Business News Today
Trévo Nigeria Top Earner Drives Away From Gala In Style
by Nicole Dunkley • • 0 Comments
Last week, Trévo Life and Health Coaches from all over the world gathered in Lagos to celebrate the third anniversary of Trévo Nigeria. As part of the festivities, President and CEO, Mark Stevens, along with Nigeria Country Director, Samuel Owoeye, General Manager, Benjamin Peter, Nigeria Staff, and Trévo Corporate Staff from the United States, held a special gala to honor Trévo Nigeria’s top Life and Health Coaches.
One earner, in particular, had a night to remember. Segun Sosanya, was honored as one of the first individuals ever to achieve Trévo’s White Diamond status.
As the festivities commenced, Sosanya joined the rest of Trévo Nigeria’s top earners on stage for what was sure to be a special moment. One-by-one, Stevens presented these individuals with a check and trophy as rewards for their efforts over the last year. Top Leaders were given a check for $1,000, Top Directors were awarded $3,000, and top Executives received $9,000.
But as the CEO stepped towards Sosanya, his hands were empty.
“Sorry, Segun, I unfortunately don’t have a check for you,” Stevens said as the room filled with an uncomfortable air of disbelief. “But I do have something else you for you.”
Stevens then pointed to the screens to reveal a
Hot Business News Today
Industry Veterans, Todd And Christina Perry, Return To ViSalus: “We’ve Come Home.”
by Tina Williams • • 0 Comments
A lot can change in a year. Just ask Todd and Christina Perry. As longtime network marketers, this power couple from North Carolina has seen their fair share of opportunities, learning experiences and challenges. And the past 12 months, in particular, have brought many of them—some of which were quite painful.
In November 2013, Todd and Christina, who had joined ViSalus in June 2011 and were 5-Star Ambassadors, decided to leave the company to pursue other interests and opportunities. “When we initially came aboard, we were in a partnership with another couple,” says Christina. “But, it wasn’t a healthy business relationship with them, and we became disillusioned. We made the mistake of listening to negative noise from companies and talking to people we shouldn’t have. And so we left.”
During the months that followed, as Todd and Christina pursued other industry opportunities and tried to focus forward, they couldn’t help but continually look back. With hindsight came feelings of regret.
“In our exit, we felt that our team would really be taken care of,” says Christina, “but what we didn’t anticipate was the pain we had caused our team. This isn’t a traditional business we’re in… it’s a people business. And we realized