Over the past two years, shares of multi-level marketing giant Herbalife have been immensely volatile, largely due to the activities of activist hedge fund manager Bill Ackman, who has been waging an aggressive campaign against Herbalife’s management, accusing the company of fraud.
At times, his accusations have prompted sharp sell-offs, but more recently, the focus seems to have shifted to Herbalife’s earnings. Last month, shares of Herbalife tumbled after its earnings report came in short of analysts’ expectations.
Management remains confident in its business, and in a subsequent earnings call, pointed out a number of factors investors should be aware of. Below are five of the most important quotes from Herbalife’s most recent earnings call, courtesy of S&P Capital IQ .
The market for its products is growing
Herbalife’s products are, broadly speaking, aimed at helping to facilitate weight loss. A meal replacement shake, Formula 1, is the cornerstone of its portfolio, while it also offers supplements such as metabolism-boosting tea and multivitamins.
So long as global obesity rates remain elevated, Herbalife’s management believes the market for its products is large. Citing a recent study, the company’s CEO Michael Johnson quantified the opportunity for Herbalife.
The Harvard School of Public Health estimates that the worldwide rate of obesity has nearly
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5 Cybersecurity Tips to Protect Your Business
by Successful IBO • • 0 Comments
As high-profile security breaches continue to mount, it is becoming increasing clear that businesses can’t just sit back and hope they don’t become a victim.
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Don't Forget How to Think Like a Startup
by Successful IBO • • 0 Comments
Brand-new businesses thrive on what’s known as the “startup mentality.” It’s the drive to innovate and grow at all costs, even if that means changing directions.
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Solavei: Reports Of Our Death Are Greatly Exaggerated
by Ted Nuyten • • 0 Comments
Our Business For Home collegue Tina Marie Williams has published an article with as heading Solavei among other mobile network companies mvno coming to an end in USA
It is based on an article in Channel Partners, a leader in providing news and analysis to indirect sales channels serving the communications industry.
We have received an email response from Rick White, Solavei ‘s Head of Legal and Policy, and we think it is fair to publish his comment:
Rick White:
“We were very surprised to read your article, and learn that our company is “collapsing” and “coming to an end.”
In fact, we have signed up thousands new customers this month, paid close to $1 million in compensation to our members this month, and announced several exciting new programs on Monday in a national webcast joined by over ten thousand members from all over the United States.
With all due respect (and with apologies to Mark Twain), your reports of our death are greatly exaggerated.
Your article makes interesting points about the evolution of the mobile phone business, and it’s true that we are taking advantage of the Chapter 11 process to restructure our finances and set us up for continued growth. But your
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The Power of Your Story — And Why it Belongs in Your Marketing
by Holly - The Work at Home Woman • • 0 Comments
By Kelly Robbins Why are you in the business you are in? How did you get where you are today? Your prospects want to know about you. Since the beginning of time, one of the most powerful ways to connect with people has been to share your story. In business we do this on our […]
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Morinda Changes It’s Pay Plan
by Tina Williams • • 0 Comments
Morinda, which for 20 years has been a leader in the network marketing industry in terms of commissions payout, is innovating its payout plan again; implementing a never-before-seen commissions structure, The Area Developer program.
Morinda recently announced the additional compensation opportunity at its North American Business Summit in New York City.
“The Area Developer program has unlimited, untapped potential for success,” Morinda’s Vice President of Marketing, Shon Whitney said following the event. “The program really puts the power in the hands of our distributors. Whether they have been with us for years, or whether they just started their business last week; everyone has an equal opportunity to see success with the Area Developer program.”
The program, which launched August 1, is designed to reward developers for finding and establishing fellow business builders in untapped markets. Its goal is to create expansion, spark growth in existing markets and establish an elaborate network of entrepreneurs.
It emphasizes increasing one’s organizational volume incrementally in specific geographic target areas over previous volume and production. If specific percentages are met (learn more here), business builders can earn immediate bonuses of anywhere from $5,000 to $25,000. Additionally, if this is accomplished in multiple qualified, geographical locations, the business builder is considered
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Xyngular’s Robin Packard Gets To Executive Level In 3 Months And Loses 90 Pounds
by Tina Williams • • 0 Comments
In an interview on the Xyngular blog, Robin Packard shares her success story of how she went from Gold Director to Executive in only 3 months:
Robin Packard made over $11,000 last month because she knows how to set goals, and more importantly, how to reach them. In a recent interview we asked her to share a little bit about herself and how she accomplished so much in such a short time.
How were you able to achieve your success thus far?
I’m a highly driven person. Once I set my mind to something I work to make that happen by setting goals and meeting them. I knew that I wanted to be an Executive by the end of July. There were a few days in the end where I was sweating it but I put in the work and saw that dream achieved.
What has your income or Xyngular business provided you?
My family has an expensive hobby, we show cutting horses. We live on a ranch in southwest Kansas but we’re always traveling to shows. Caring for horses, maintaining horse trailers, and constant traveling are all a financial burden. When I first started with Xyngular I was just planning on getting healthy.
Next
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Industry Leaders, Bani And Rachael Holcombe, Join Mynt
by Tina Williams • • 0 Comments
mynt welcomed industry leaders Bani and Rachael Holcombe as the newest brand promoters to join its growing company. Since its pre-launch in April, mynt has garnered more than $3 million in product sales and continues to gain momentum leading up to its official launch in early 2015.
Bani and Rachael bring more than 11 years’ industry experience to mynt and have cultivated successful teams in many countries throughout the world. Their focus on others’ success has led to their own, as they are former master distributors and top income earners with previous companies.
“We see a very unique opportunity with mynt,” says Bani. “In our more than 11 years in the industry, we haven’t come across a more effective combination of product, compensation plan, field leadership and company management. There is a level of commitment to individual and group success at mynt that we haven’t seen anywhere else.”
mynt is a new way of doing business in the direct selling industry, and one way that they differentiate themselves is through #myntmoments, which are, in essence, random acts of kindness. The Holcombes are certainly on board with this “pay it forward” mentality. “I absolutely love the way this company reaches out to the community to give
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Brazil expands labor rights for domestic workers
by Successful IBO • • 0 Comments
Nivea dos Santos got her first job as a live-in maid at age 12, dusting, vacuuming, ironing and polishing the silver of a wealthy Rio de Janeiro family from dawn until she’d fall, exhausted, into bed.