How much do you know about running a business? Finance author Eric Tyson offers a quick ‘IQ test’ for entrepreneurs.
Hot Business News Today
Hot Business News Today
Google AdWords Secrets: What Works for Small Business
by Successful IBO • • 0 Comments
Launching an ad campaign on Google AdWords can help grow your small business. Here’s how it’s done.
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Home Life Plays Big Role in Work Stress
by Successful IBO • • 0 Comments
When it comes to mental health in the workplace, having an understanding spouse at home is just as important as having a supportive boss.
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More small businesses setting KPI targets for their staff
by Successful IBO • • 0 Comments
The number of companies setting targets for their employees has risen by 17 per cent on last year, research finds.
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Mesut Öpengin – Mega Holdings Hits $1 Million in Career Earnings
by Ted Nuyten • • 0 Comments
Mesut Öpengin from Isanbul, is the agent for Turkey and Europe for Mega Holdings and independent distributor. In the compensation plan he has reached the top rank of Mega Star.
As of Sepember 17 he has earned $1+ million with his Mega Holdings distributorship.
Mega Holdings is incorporated in Hong Kong and its Management team is headed by Chairman/Founder Michael Cheng, a successful business entrepreneur with rich experience in network marketing and other business investments in several parts of the world.
The pioneering spirit of Michael Cheng, began in mid-1999 in Hong Kong where he launched an online e-commerce company selling websites and hosting services.
This was initiated at a time when e-commerce was still in its infant stage of development. Thus began the journey of adventures and discoveries in e-commerce that spanned over 122 countries worldwide and that touched the lives of hundreds of thousands of individuals across many cultural and national lines in a borderless world.
The catch slogan of ‘Mega Holdings changes the way people network. You change the way they live!’ soon caught on with the direct marketing communities in Hong Kong, Malaysia, the Philippines, Singapore, Indonesia, Thailand, India and other countries in Asia.
Their operations expanded
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MLM Attorney, Kevin Thompson, Responds To Avon DSA Withdrawal
by Tina Williams • • 0 Comments
Recently, Kevin Thompson, THe MLM Attorney, covered in an article that Avon withdrew from the DSA because they’re dissatisfied with the direction the organization is heading.
Now, Kevin Thompson responds to the withdrawal and what it could mean.
Letter from Avon:
To our U.S. direct selling colleagues,
At Avon, we strongly believe in the power of direct selling to enhance people’s lives. Our entire business model is based on our commitment to helping women build better lives for themselves and their families. And we know that multi-level marketing, in some markets and with the appropriate guardrails, is a robust and effective channel for distributing products to consumers.
As you may be aware, this week Avon made the decision to exit the U.S. DSA. This decision came after careful consideration and more than a year of thoughtful discussion. This decision was driven by two key issues:
• We believe the association’s agenda in the U.S. is overly focused on the issues of a few specific brands rather than industry-wide challenges.
• We believe that the U.S. DSA Code of Ethics requires updating to better reflect the current state of the industry in the U.S.
As the U.S. DSA is currently operating, we do not believe that either of these issues will be addressed.
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Vemma Honored With Two Additional Stevie Awards
by Tina Williams • • 0 Comments
Vemma Nutrition Company was presented with two Stevie® Awards in the 12th Annual American Business Awards which took place in San Francisco on Friday, September 12.
Vemma was presented with bronze Stevie® Awards for Vemma Renew™ for New Product or Service of the Year — Consumer Products and for the All in Convention App in the Events App category.
Mark Patterson, EVP of Marketing and Brand Development, commented, “Our teams work hard to provide the highest quality products and support tools for our customers and Affiliates. We are honored to have this work recognized by the ABA judging panel.”
Largely known as the “Oscars” of the business world, the American Business Awards are the nation’s premier business awards program. All organizations operating in the U.S.A. are eligible to submit nominations — public and private, for-profit and non-profit, large and small.
Nicknamed the Stevies for the Greek word for “crowned,” the trophies were presented to winners during a gala banquet on Friday, September 12 at the Palace Hotel in San Francisco. More than 250 nominees and their guests attended for the presentation.
This year’s American Business Awards were presented at two awards events. Awards for marketing, customer service, human resources, and other disciplines were announced in Chicago in June.
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Herbalife Launches New Herbalife24
by Tina Williams • • 0 Comments
Herbalife (NYSE: HLF), a leading global nutrition company, announced today the launch of its new Herbalife24 website, Herbalife24.com, and a digital media campaign focused on the important role nutrition plays in an athlete’s performance while training and competing.
Herbalife24 fuels athletes 24-hours a day by providing them with the nutritional support to train, recover and perform. The seven-product line is customizable, allowing athletes to determine their day-to-day needs based on activity levels and training demands.
On Herbalife24.com, Herbalife-sponsored athletes are featured as they explain the vital role Herbalife24 products play in their athletic routines. This includes professionals such as surferGabriel Villaran and triathlete Heather Jackson, both of whom use Herbalife24 to nourish their bodies and stay at peak performance levels.
At Herbalife24.com, users and fans can engage with a host of exclusive video content, learn more about the products through interactive tools and gain insights into how to improve their own performance through videos, photos and articles.
“We are proud to introduce this new and expanded Herbalife24 campaign, which will allow us to provide even more support and resources to the thousands of athletes that choose our products and make it part of their training regimen,” said Brian McKinley, vice president of sports marketing, Herbalife. “Maintaining a healthy and balanced lifestyle
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Amway Restructures Compensation Plan – Thailand Laws Create Challenges
by Tina Williams • • 0 Comments
Amway (Thailand) Ltd has raised its sales incentive budget by 10% to 6 billion baht to attract new distributors to the direct-selling network in a bid to resume positive sales growth in fiscal 2015, which started on Sept 1.
Amway yesterday unveiled its long-term compensation plan that will give business owners higher income and incentives with steady growth. Effective since Sept 1, the new compensation for owners from beginners to organisation leaders focuses on a balance between increasing income and career competitiveness.
Kittawat Ritteerawee, the company’s managing director, said this is the first in 27 years that Amway Thailand is offering a new attractive income and incentive deal to its business owners. The move is supposed to motivate owners to build solid, long-term growth for their business teams and Amway.
The new incentive restructuring comprises two compensation plans. Firstly, the standard compensation plan based on the original business model Amway has been using globally for 55 years.
It gives owners certain compensations based on their sales performance and level of achievement.
The other is the performance incentives plan, which will benefit all owner groups. It offers increased incentives, of which the short-term ones are for beginners while long-term incentives are designedto motivate organisation leaders to build steady,
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Zija International Launches Founding Member Options
by Nicole Dunkley • • 0 Comments
With the recent announcement of Zija International’s two new product divisions—Améo Essential Oils and Ripstix Fitness Supplements—which join the existing Zija Core Nutritionals line, the company is giving each of its Distributors the opportunity to become a Founding Member of one or all three divisions.
Becoming a Founding Member is simple for Distributors to attain by following: First, they need to purchase one of the innovative Founder Kits; second they must enroll two new people and help them each enroll two new people.
There are several Founder options, each focusing on one of the product lines. Zija has also created an all-encompassing “Life Unlimited Experience Founder Kit,” which contains products from all three divisions and pays homage to the company’s Life Unlimited mantra and company culture.
Anyone who aquires a Founder Kit will receive points toward the Zija Gold Challenge Cruise sailing around the Caribbean next May. They will also get one complementary registration to Zija Summit 2014 and receive a limited edition Founder Bag. Finally, Founding Members’ names will be etched on the Zija Founders Wall, demonstrating their passion for the company’s product lines.
Zija plans to unveil more details and benefits of becoming a Founder at their upcoming Zija Summit 2014 international