An international survey of small businesses has revealed a strong improvement in sentiment over the past 12 months.
Hot Business News Today
Hot Business News Today
Forbes Believes MLM Is One Of The Most Significant Solutions For Retirement
by Tina Williams • • 0 Comments
Robert Laura, a contributor for Forbes.com, has recently written an article for the publication, stating that he believes MLM is one of the most significan solutions for retirement and shares why:
At some point in your life you’ve been pitched a multi-level marketing (MLM), direct selling, or network marketing business opportunity. While the pitch varies from company to company, it basically promises a chance to ditch your 9-5 work schedule, be your own boss, and make lots of money while making new friends in the process.
It all sounds good on paper, yet there is a seemingly endless debate over whether these companies and programs are legitimate business opportunities or not, so I dug in and got the real scoop. As a result, I believe that the entire industry is poised for explosive growth and can be one of the most significant solutions to America’s currentretirement savings crisis.
Initially, that may sound like a bold statement, but it’s not if you understand retirement the way I do. The reality is, making a successful transition into retirement has more to do with psychology than with money… and the same may hold true for multi-level and network marketing.
Don’t get me wrong, money has a role in
Hot Business News Today
Amway Thailand Eyes BT17 Billion In Sales
by Tina Williams • • 0 Comments
Amway managing director Kittawat Ritteerawee said that the company had seen positive economic signs, including the return of consumer spending in the past few months.
He said another positive sign was the higher number of people applying to be Amway independent business owners during the past couple of months after a decline in the number early this year.
Early this year Amway’s main customers, those with high purchasing power and high brand loyalty, were not in a spending mood due to the economic and political situation.
But despite that, Kittawat said Amway took only a slight drop in terms of its main products including supplementary foods.
He added that if there were no major issues for the remainder of the year, such as major flooding, the company believed it could achieve this year’s revenue target while the political stability continued.
The company also planned to launch promising new products and promotional campaigns in an attempt to boost sales in the second half of the year.
Pakapan Leevutinan, the new president of the Thai Direct Selling Association, estimated that the direct-sales industry this year would grow between 5% and 7% to around Bt70 billion, thanks to the economic recovery and the improving political atmosphere.
She said that the industry could
Hot Business News Today
Veteran vs. newcomer for Rhode Island treasurer
by Successful IBO • • 0 Comments
Former Treasurer Frank Caprio is seeking a second term against a political newcomer frustrated with Rhode Island’s failure to rebound from the recession.
Hot Business News Today
Program trains refugees for work on NY dairy farms
by Successful IBO • • 0 Comments
A pilot program underway in New York is putting Bhutanese refugees to work on dairy farms.
Hot Business News Today
Executive Connection with John Parker, Chief Sales Officer, Amway
by mallen@directsellingnews.com • • 0 Comments
In this month’s Executive Connection, Direct Selling News Publisher and Editor in Chief John Fleming speaks with John Parker, Chief Sales Officer for Amway, about leadership, always learning and finding fun in everything you do.
Hot Business News Today
WakeUpNow $26 Million Revenue In First Half Year
by Ted Nuyten • • 0 Comments
WakeUpNow has published its Q2 report, and reports a revenue of $16,4 million, Q1 revenue was $9,7 million, so revenue is 70% up.
A small profit of $32,000 in Q2 while Q1 had a loss of $1,5 million.
WakeUpNow management stated:
“Though the Company’s current financial condition may cast doubt on its ability to continue as a going concern, management believes that its plan of operation, if successfully implemented, will generate sufficient earnings to both restore a stable financial condition and provide adequate returns to its shareholders”.
Postive factors:
“Management believes that its efforts to develop a robust product offering with a compelling value proposition will continue to attract distributors both in the United States and abroad”.
As risk factors WakeUpNow mention:
“State governments could attempt to tax our distributors as employees which would be devastating or fatal to our business.”
For instance, a staff member from the Utah State Tax Commission, has threatened to attempt to classify our distributors as employees and classify us as an employer of our distributors on the theory that our distributors are eligible for bonuses based on exceeding certain sales revenue goals.
“A substantial majority of our sales are via credit card and if we are unable to maintain relationships with
Hot Business News Today
Interview with Jennifer Martin – Business Coach and Founder of Zest Business Consulting
by wahanelson • • 0 Comments
Tell us a little bit about yourself and your entrepreneurial journey. I grew up in a family where if you wanted something you had to figure out how to get it on your own. When I was 8 I wanted a pogo stick, so I knocked doors in my neighborhood selling vegetable seeds until I […]
Hot Business News Today
WorldVentures Ranks No. 2333 On The 2014 Inc. 5000 List
by Nicole Dunkley • • 0 Comments
WorldVentures, the leading international direct seller of vacation club memberships, ranked No. 2333 in Inc. magazine’s 33rd annual Inc. 500|5000, an exclusive ranking of the nation’s fastest-growing private companies. WorldVentures received its ranking based on growth of 167% in the past three years.
The list represents the most comprehensive look at one of the most important segments of the economy—America’s independent entrepreneurs. Companies such as Yelp, Pandora, Timberland, Dell, Domino’s Pizza, LinkedIn, Zillow, and many other well-known names gained early exposure as members of the Inc. 500|5000.
“To be recognized for our significant growth alongside such highly respected companies is very humbling,” WorldVentures Co-Founder and Chief Visionary Officer Wayne Nugent said.
“This is proof of the hard work of our corporate staff and Independent Representatives. We look forward to more expansion as we continue to provide opportunities for financial freedom, fun life experiences and personal development.”
The 2014 Inc. 5000 is the most competitive crop in the list’s history. The average company on the list achieved a mind-boggling three-year growth of 516%. The Inc. 5000’s aggregate revenue is $211 billion, generating 505,000 jobs over the past three years.
About WorldVentures:
WorldVentures is the leading international direct seller of vacation club memberships. WorldVentures is on
Hot Business News Today
Talk Fusion Launches New Servers In Asia; Germany Next
by Nicole Dunkley • • 0 Comments
Talk Fusion, a Florida-based video communication and relationship marketing company announced the implementation of new server infrastructure in Hong Kong to enhance service across Asia. Independent Associates and Customers throughout Indonesia, Japan, China and Hong Kong will experience faster upload times and enhanced service for Talk Fusion’s CONNECT video communication solution, including Video Email, Video Newsletters, Live Meetings and Conferences.
“Congratulations to Indonesia and Asia,” stated Talk Fusion Founder and CEO Bob Reina. “We’re excited and it gets better. We’re deploying all over the world. We just shipped servers to Germany, to cover Europe. They’re in transit right now; once they get there, they’ll be put into service very quickly.”
While no official launch date for the Germany servers has been confirmed, rigorous Beta Testing for the Asia infrastructure was successfully completed within two weeks before the servers went live.
ABOUT TALK FUSION
A global leader in Video Communication Products, Talk Fusion is dedicated to changing lives through unmatched life-sharing solutions powered by proprietary, patent-pending video technology. Talk Fusion’s innovative products are marketed person-to-person by independent Associates in more than 140 countries.
Founded in 2007 by CEO Bob Reina, Talk Fusion introduced the world’s first Instant Pay Compensation Plan. Talk Fusion adheres to the highest