Despite having started Trévo LLC just four years ago in his home state of Oklahoma, Mark Stevens’ has already seen his company expand to 14 countries, with plans to add to that number in 2015. As Trévo blazes a trail towards its goal of being the next billion-dollar company, the energetic and highly involved CEO can’t help but look back on his unique path to this point.
“Most people in my position would probably say it’s been a bit of a whirlwind, but this has been a long time coming,” Stevens said. “While Trévo is still young in terms of business, the process – the work and the energy – that has brought my family and me to this point began many years ago.”
Stevens’ journey toward the creation of Trévo began years ago when he was a young man of just 16. As he watched his mom experience years of debilitating illness only made worse by countless prescription medications, Mark committed himself to a higher standard of healthy living and helping others to avoid the same kind of health crisis his mother had to endure.
While still in high school, Mark discovered his entrepreneurial spirit and passion for excellence as he became
Hot Business News Today
Debt Recovery Gets Friendly in Data-Driven Startup
by Successful IBO • • 0 Comments
Tech startup TrueAccord relies on algorithms and data analytics to make debt recovery a more positive experience for companies and debtors alike.
Hot Business News Today
4 Franchise Trends That Are Good News for Entrepreneurs
by Successful IBO • • 0 Comments
Franchising has always been a popular way to start a business with lower risk. Here’s why this path to entrepreneurship is growing, and how it will evolve in the coming years.
Hot Business News Today
Startup Partnerships: Choose Quality Over Quantity
by Successful IBO • • 0 Comments
When forming partnerships, small startups should focus on quality, not quantity. Researchers discovered that startups gain the most benefit by having just a small number of carefully selected alliances with larger organizations.
Hot Business News Today
Want a Successful Marketing Campaign? Create a Plan First
by Successful IBO • • 0 Comments
Having a documented marketing plan could make your campaigns more successful, but many companies don’t use them.
Hot Business News Today
Gmail’s Inbox App Makes Managing Work Email Easy
by Successful IBO • • 0 Comments
Motorola’s new flagship smartphone is hard to beat when it comes to performance and features.
Hot Business News Today
USANA – Q3 Revenue Up 10.5% to $191.9 million
by Ted Nuyten • • 0 Comments
USANA Health Sciences, Inc. (NYSE: USNA) today announced financial results for its fiscal third quarter ended September 27, 2014. The Company also provided updated net sales and earnings guidance for 2014.
Financial Performance:
For the third quarter of 2014, net sales increased by 10.5% to $191.9 million, compared with $173.7 million in the prior-year period. The increase in net sales was driven by overall Associate growth of 18.8%, which was generated by the Companys Asia Pacific region.
Net earnings for the third quarter increased by 16.4% to $19.5 million, compared with $16.8 million during the prior-year period. This increase was driven by higher net sales and lower relative Associate Incentives expense. On a relative basis, Associate Incentives expense declined due to a $4.5 million one-time payout resulting from the pricing and compensation plan initiatives implemented by the Company in the third quarter of 2013. Earnings per share for the quarter increased by 26.7% to $1.47, compared with $1.16 in the third quarter of the prior year.
This increase in earnings per share was attributable to higher net earnings and a lower number of diluted shares outstanding due to the Companys share repurchases during 2014. Weighted average diluted shares outstanding were 13.3 million as
Hot Business News Today
Landrieu sticks to support for Obama's health law
by Successful IBO • • 0 Comments
U.S. Sen. Mary Landrieu has doubled down on her support for the federal health care law even as polls show the revamp remains unpopular in Louisiana and a new Republican attack ad launched Tuesday hits the Democratic incumbent again for her vote.
Hot Business News Today
Tips for Going Into Business with Friends or Family
by Successful IBO • • 0 Comments
Eight entrepreneurs on how to preserve relationships when starting a business with relatives or close friends.
Hot Business News Today
Here's Why You Need to Step Outside Your Comfort Zone
by Successful IBO • • 0 Comments
Think back to your greatest moments of growth: What was the process like? Was it easy? My guess is no.