How do you define success in the MLM Industry? For QuiAri Legend Promoter, Bernadetha Amelia Halim from Flores, Indonesia, it meant having time freedom – which was something that didn’t exist until she discovered Network Marketing. Now she enjoys both time and financial freedom at QuiAri.
QuiAri’s innovative Executive Leadership Team led by Founder & CEO, Bob Reina created a simple, duplicatable system that revolutionized the traditional MLM business model.
Bernadetha has been in Direct Sales for the past 20 years, but since joining QuiAri she said she’s been more productive and successful than ever before.
“My husband and I were business owners before joining Network Marketing. We owned a convenience store and worked all day, every day of the week. Our schedule was so full, we couldn’t even celebrate the holidays together or go on a family vacation.
At least one of us had to mind the store. Maybe we were financially secure, but the business owned us. When we joined Network Marketing, that dynamic changed. Suddenly, we were in control of our financial and time freedom.
My son introduced me to QuiAri, and I was immediately excited. I had never seen a company so focused on growth, speed, and
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From Vision to Legacy: The Umene Family’s Inspiring Journey at GOVVI
by Team Business For Home International • • 0 Comments
Toyohiro and Takashi Umene, a remarkable father-son duo hailing from Fukuoka, Japan, have rapidly risen to prominence within GOVVI.
Their extensive background and unique insights have not only shaped their personal achievements but have also significantly influenced the direction, spirit and success of the company, making them pivotal figures in the e-commerce industry.
Background
Toyohiro and Takashi Umene, a dynamic father-son duo from Fukuoka, Japan, are seasoned veterans in the e-commerce industry. With over two decades of experience, they joined GOVVI in October 2022, bringing their profound expertise and a legacy of success from previous ventures.
“We’ve been in e-commerce for 26 years, achieving high ranks and recognition,” Toyohiro explains, highlighting their decorated past with companies like NuSkin and Synergy Worldwide.
Why GOVVI? Inspiration
Toyohiro and Takashi’s decision to align with GOVVI was driven by the company’s commitment to innovative products and global expansion. “Our favorite product is the Fuel Tablet. It’s not just about savings; it’s about fostering an eco-friendly future,” Takashi shares, reflecting their passion for products that offer both economic and environmental benefits.
Business Approach and Team Dynamics
At GOVVI, the Umenes apply a pioneering approach, leveraging the first e-commerce model in their sector that incorporates a subscription structure. “This model has been
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LifeVantage Quarter Revenue Down 10.2% To $48.2 Million
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LifeVantage Corporation (Nasdaq: LFVN), a leading health and wellness company with products designed to activate optimal health processes at the cellular level, today reported financial results for its third fiscal quarter ended March 31, 2024.
Third Quarter Fiscal 2024 Summary*:
Revenue of $48.2 million, a decrease of 10.2% from the prior year period. Excluding the negative impact of foreign currency fluctuations, third quarter revenue was down approximately 8.7%;
Revenue in the Americas decreased 5.9%, and revenue in Asia/Pacific & Europe decreased 22.4%. Excluding the negative impact of foreign currency fluctuations, third quarter revenue in Asia/Pacific Europe decreased approximately 16.1%;
Net income per diluted share was $0.13, versus $0.08 per diluted share a year ago;
Adjusted earnings per diluted share was $0.21, compared to $0.08 a year ago; and
Adjusted EBITDA increased 54.7% to $5.1 million.
* All comparisons are on a year over year basis and compare the third quarter of fiscal 2024 to the third quarter of fiscal 2023, unless otherwise noted.
“We were very pleased with our improved profitability in the third quarter reflecting continued progress with our LV360 strategic transformation,”
said Steve Fife, President and Chief Executive Officer of Life Vantage.
“Adjusted EBITDA was up 55% to $5.1 million for the quarter and our Adjusted EBITDA
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C1 Treats Top Leaders To An Inforgettable Maldives Trip
by Team Business For Home • • 0 Comments
A memorable incentive trip to one of the world’s most enchanting tropical isles. C1, the leading influencer marketing company, is widely known across the industry as hosting the most enjoyable, extravagant incentive trips.
Expectation was indeed high when their latest excursion was announced only a few months ago: a fantastic trip to the wonderful Indian Ocean island chain of the Maldives, for the C1 Golden Circle Incentive Trip. Top leaders rose to the challenge, and some 50+ of these intrepid members of the C1 community qualified to be whisked away to paradise.
With the incredible five star SAii Lagoon Resort as venue, incentive trip qualifiers were treated to five days of luxury. Imagine powder-white sandy beaches, turquoise ocean, lazily swaying palms, azure skies… It was pure C1 magic.
“At C1, it’s vitally important for us to celebrate the achievements of our community. We are committed to their success as global Web3 pioneers, and to see them embrace this opportunity wholeheartedly, and thrive in the new world of digital entrepreneurship, makes it all worthwhile”
– C1 founder, Jonas Eric Werner.
Over the course of their stay, C1 top leaders were treated to well-deserved spa experiences, delectable cuisine, exciting water sports, and relaxing hours sipping cocktails
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LR Health & Beauty 2024 Revenue Up 3% To $295 Million
by Team Business For Home • • 0 Comments
Sales increase to EUR 276.5 million; EBITDA reported reaches EUR 31.4 million
Digitalisation and sales activities promote partners’ career development
Expansion of innovative product range provides for positive business outlook
LR Health & Beauty SE, Europe’s leading digital social selling company in the area of high-quality health and beauty products, today announced its final figures for the 2023 financial year.
Accordingly, LR Health & Beauty SE generated sales (revenue from goods sold) of EUR 276.5 million (2022*: EUR 269.4 million). This meant that the company achieved a slight increase in sales of around 3% year-over-year despite negative currency effects.
Furthermore, LR Health & Beauty SE achieved a normalized EBITDA of EUR 35.4 million in the 2023 financial year, compared to EUR 36.0 million in the previous year. EBITDA reported increased to EUR 31.4 million in 2023 compared to the previous year’s figure of EUR 31.1 million.
Valdemaras Gordinskis, Vice President Global Controlling and Investor Relations of the LR Group, comments:
“2023 was a very strong year for LR. We were able to drive forward our strategic initiatives, and many partners saw successful career developments. With BODY MISSION and Mind Master Gold, we managed to achieve two of the three best product launches in the history of our
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USANA Q1 Revenue 2024 Down 8% To $228 Million
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Key Financial & Operating Results
First quarter net sales were $228 million versus $248 million during Q1 2023, and increased 2% sequentially in constant currency.
First quarter diluted EPS was $0.86 as compared with $0.95 during Q1 2023.
Company reiterates fiscal year 2024 net sales and diluted EPS outlook of $850 million to $920 million and $2.40 to $3.00.
“Our top line results during the first quarter were driven by a successful sales incentive in mainland China, which helped counter the seasonal slowdown that we experience during the Lunar New Year holiday,”
said Jim Brown, President and Chief Executive Officer.
“This sales incentive helped us generate 15% year-over-year active customer growth in our largest market, as well as year-over-year and sequential quarter sales growth. Notwithstanding our solid performance in China, our first quarter results in other key markets did not meet internal expectations and we are actively working to accelerate our business in these markets during 2024.
Doug Hekking, Chief Financial Officer said:
“Strength in our mainland China operations carried our first quarter results. This performance helped offset softness in many other markets where we continue to face a challenging operating environment highlighted by ongoing inflationary pressures. We remain committed to engaging with Associate leaders throughout each
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Herbalife Q1 Revenue 2024 Up 1% To $1.3 Billion
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“We achieved our second consecutive quarter of year-over-year net sales growth. We are laser focused on cost reductions, which drove outperformance of our Adjusted EBITDA guidance,”
said Michael Johnson, Chairman and CEO.
First Quarter 2024 Highlights
Achieved year-over-year net sales growth on both reported and constant currency basis.
Net sales of $1.3 billion, up 1.0% vs. 1Q ’23,
Net income of $24.3 million.
Adjusted EBITDA1 of $138.3 million exceeds guidance.
Diluted EPS of $0.24 and adjusted diluted EPS1 of $0.49.
Announced new restructuring plan to streamline organizational structure.
Annual cost savings of at least $80 million expected beginning in 2025, with approximately $40 million expected in 2024.
Recognized pre-tax expenses of approximately $17 million in SG&A.
Rolled out all-new distributor e-commerce platform, built on Herbalife One, to distributors in UK and Spain.
“Economic opportunities built around selling diversified nutrition and wellness offerings, including through approximately 67,000 fixed location nutrition clubs worldwide, differentiates us from others in our industry,”
said Michael Johnson.
About Herbalife Ltd.
Herbalife (NYSE: HLF) is a premier health and wellness company and community that has been changing people’s lives with great nutrition products and a business opportunity for its independent distributors since 1980.
The Company offers science-backed products to consumers in more than ninety markets through entrepreneurial Distributors who provide one-on-one coaching
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Rania Wipprecht: Redefining Motherhood with Earn.World
by Team Business For Home International • • 0 Comments
In a world where motherhood is often perceived as a barrier to professional success, Rania Wipprecht shatters stereotypes and blazes a trail of empowerment and possibility.
Through her unwavering commitment to her dreams and her embrace of Earn.World, Rania exemplifies the transformative potential of network marketing in empowering women to rewrite their narratives and redefine motherhood on their own terms.
From her early days of selling and marketing horses, Rania recognized the inherent power of networking in fostering relationships and driving business growth. With the birth of her second child, Rania decided to transition into real network marketing to achieve her goals.
Encouraged by her friend’s invitation to embark on the journey together, Rania started with the sale of HYLA, an air and room purification device. Thus began her quest for financial independence and personal fulfilment, guided by a vision of exploring the world with her family and crafting a life devoid of the need for vacations.
For Rania, network marketing wasn’t just a career choice—it had the ability to empower individuals to become their own bosses, craft their lifestyles, and unlock boundless opportunities for personal and financial growth.
“I love to connect, be my own boss, create my life, and be free to
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JIFU Welcomes Dr. William Cimikoski, M.D. As Scientific Advisor
by Team Business For Home • • 0 Comments
JIFU, a leading provider of exclusive travel savings, education, health & beauty products, and a compensation plan unmatched in the industry, is pleased to announce the appointment of Dr. William Cimikoski, M.D., as its new Scientific Advisor.
Dr. Cimikoski, the esteemed Medical Director of Utah Stem Cells, brings extensive expertise in regenerative medicine, hormone replacement therapy, aesthetics, and weight loss management to the JIFU team. With over seven years of specialized residency and fellowship training, Dr. Cimikoski is recognized as a leading authority in his field, having been featured on prominent platforms such as Healthline TV, ABC News, and Fox 13.
“At JIFU, we are dedicated to delivering cutting-edge solutions for our customers’ health and wellness needs,”
said Bradley Boyle, CEO of JIFU.
“Dr. Cimikoski’s commitment to innovation perfectly aligns with our mission, and we are excited to collaborate with him to enhance our product offerings and explore new avenues in anti-aging technology.”
Kyle Copeland, JIFU Global President, expressed his enthusiasm for Dr. Cimikoski’s appointment, stating,
“We are thrilled to have Dr. William Cimikoski supporting JIFU with his knowledge and experience in the rejuvenation field and stem cells. With his contribution, we are confident that we are building a science legacy for all our affiliates.”
About
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eXp Realty Appoints Wendy Forsythe As Chief Marketing Officer
by Team Business For Home • • 0 Comments
eXp Realty®, “the most agent-centric real estate brokerage on the planet™” and the core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), today announced the appointment of Wendy Forsythe as Chief Marketing Officer.
She will be responsible for building eXp Realty’s marketing strategies and initiatives globally, enhancing the company’s brand visibility and further empowering its agents worldwide.
“Wendy’s extensive experience and passion for real estate marketing uniquely position her to lead our marketing strategies into a new era as we continue to expand globally. Her visionary approach will be crucial in elevating eXp Realty’s presence and impact on the world stage,”
said Leo Pareja, CEO of eXp Realty.
“Her industry background and understanding of modern real estate marketing will best position us to expand our reach and impact in the market.”
In her role as Chief Marketing Officer, Forsythe will oversee all aspects of eXp Realty’s marketing strategy, from brand management and advertising to digital marketing and public relations. Her strategic vision will focus on strengthening eXp Realty’s position as a leader in the real estate industry while enhancing the innovative tools and services that empower eXp Realty agents.
“I’m absolutely thrilled to join eXp Realty. This company is a real trailblazer in the real estate