Tag Archive for Kevin Thompson

What is Momentum In Network Marketing?

Credits to MLM attorney Kevin Thompson clone for below overview of Momentum.
“Momentum in network marketing is a phase where a company experiences accelerated growth, often characterized by a surge in new distributors, increased sales, and heightened brand awareness.
It’s a critical period that can make a significant difference in a MLM company’s trajectory. Think of it as a wave of energy that propels the business forward, creating a powerful dynamic that can be leveraged for expansion and consolidation.
To achieve and sustain momentum, a company must have:

A strong foundation in place.
A compelling product or service offering.
An effective compensation plan.
Robust support systems for its distributors.
Leadership to be skilled in fostering a positive culture.
Providing the necessary training and tools for their teams to thrive. 

When these elements align, momentum can build, creating a virtuous cycle of growth and success.
However, it’s important to understand that momentum is not self-sustaining. Continuous effort and strategic planning are required to maintain it.
Companies must be vigilant in adapting to market changes, supporting their distributors, and ensuring that their business practices remain compliant and ethical. In essence, momentum is a powerful force in network marketing, but it must be carefully managed to ensure long-term success.”
The Top 25 in Momentum according to

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Kevin Thompson And Joe Martinez – CEO iX Global Interview

Recently Kevin Thompson, the MLM attorney and Joe Martinez, CEO iX Global came together for an interview.
Kevin Thompson is an MLM attorney, proud husband, father of four and a founding member of Thompson Burton PLLC. Named as one of the top 25 most influential people in direct sales, Kevin Thompson has extensive experience to help entrepreneurs launch their businesses on secure legal footing.
On October 6, iX Global achieved a monumental win in its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC).
In a recent TRO hearing, the presiding Judge made the crucial decision to dissolve the Temporary Restraining Order (TRO) previously levied against iX Global and DEBT Box.
The Court’s decision comes after scrutinizing the evidence presented and recognizing discrepancies and potential misrepresentations in the SEC’s complaint.
The importance of this hearing was underlined by the presence of Tracy S. Combs, Director of SEC’s Salt Lake Regional Office, who was summoned by the Judge just hours before the hearing. The Court’s stance was clear – maintaining the highest standards of accuracy and fairness in all proceedings.
“We are gratified by the Court’s decision, which we view as a validation of our unwavering commitment to transparency, innovation, and community values,”
said Joe Martinez, CEO

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MLM Attorney Kevin Thompson: Crypto And MLM Is A Legal impossibility

Kevin Thompson is an MLM attorney, proud husband, father of four and a founding member of Thompson Burton PLLC.
Named as one of the top 25 most influential people in direct sales, Kevin Thompson has extensive experience to help entrepreneurs launch their businesses on secure legal footing.
When asked about Network Marketing and Crypto in the USA Kevin Thompson stated:
“Crypto and MLM is a legal impossibility.
The entire point of crypto is for it to be open, decentralised, permission less.
It does not pair at all with a centrally controlled business. If tokens are involved, people will participate with the expectation/hope that the tokens will appreciate in value. This immediately renders the token a Security.
I’m a believer in blockchain. I think it provides people with an offramp from traditional finance. People have a lot of reasons to distrust traditional finance.
But that does not mean that a MLM can create and control its own blockchain.
Instead of having an open mind and assuming that a program is “innocent until proven guilty,” the presumption should be that it’s impossible until proven legitimate.”
About Thompson Burton
Thompson Burton redefines the art of law by utilising creativity, technology, flexibility and innovation to more effectively deliver information and connect with our clients

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What Is The Best Network Marketing Company To Join?

We at Business For Home receive that question every day from opportunity seekers. Our answer is obvious: there are hundreds if not thousands of great companies worldwide, please do your own due diligence.
Kevin Thompson is one of the most sought after network marketing attorneys in the United States and has the next take:
I was recently asked to list out 10 factors that distributors could use to measure companies.
 
After having represented countless companies and been on the front lines to observe both good and bad behaviors, I have a pretty good idea about the important factors. So here goes, in no particular order…
1. Experienced Leadership
In this industry, it takes more than an idea to be successful. It takes execution, and execution requires deep vertical knowledge. Vertical knowledge refers to a broad understanding of the nuances in this industry, only obtained through years of experience. Experienced leaders know how to avoid distraction, conserve resources, be encouraging yet firm with the field and, if necessary, know when and how to fight.
2. Compliance Culture
Looking compliant is easy. Building a CULTURE around compliance is hard. Building a culture requires doing more than paying lip service to compliance. It requires full buy-in at the corporate level to

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Start-up Companies: Do Not Miss The Direct Selling Edge Conference 2018

 On your journey to build a great direct selling company, you will face numerous challenges.  To survive and prosper in this industry, your company needs to have an edge.
That is why in 2011 leading MLM Attorney Kevin Thompson and top compensation plan consulting Jay Leisner created the Direct Selling Edge Conference to provide companies like yours with action steps you can take to build your direct selling, network marketing, party plan, or social selling business smarter and faster.
The 19th Direct Selling Edge Conference will be held soon on March 13-14, 2018 in Garden Grove, California.  Tickets for two full days of education for companies are only $200 each.
To watch the conference video, read attendee testimonials, or to book your tickets, visit https://www.directsellingedge.com
A Unique Learning Experience
At one of the early conferences, one attendee keenly observed, “This is not just a conference.  It is a school for companies.”  He was absolutely correct.
DS Edge students have given this conference very high marks.  See for yourself by reviewing some or all of the 86 reviews.
Learn More – Earn More
The wisest direct selling executives never stop being students.  They are always open to learning more.  They encourage their field leaders to seek out opportunities to

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MLM Attorney Kevin Thompson Speaker At The European Direct Selling Congress

 
Kevin Thompson is one of the most sought after network marketing attorneys in the United States. 
Kevin was at our original European Direct selling Congress in 2010 and it’s been a pleasure to watch him develop his practice throughout the years.
He was also recently selected as a Super Lawyer by Super Lawyers Magazine, a publication by Thomson Reuters. Kevin provides invaluable insights to help network marketing companies (and ditsributors) stay out of regulatory trouble.
After having worked with several hundred companies throughout the years, Kevin has developed valuable insights and instincts to help companies see around corners to avoid trouble.     
As one of the founding partners of Thompson Burton PLLC, Kevin has helped the firm grow from two attorneys to twenty in the short span of four years.  By focusing on

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Conference For Direct Selling Company Owners And Executives

 
The 16th Direct Selling Edge Conference for owners and executives of new and established direct selling companies will be held in Garden Grove, California at the Hyatt Regency Orange County on March 2-3, 2017.
This conference teaches attendees how to build and grow their direct selling companies faster.  It has been hosted by direct sales industry attorney Kevin Thompson of Thompson Burton PLLC and compensation plan consultant Jay Leisner of Sylvina Consulting since 2011.
Attendees learn how to design or improve their compensation plans, what they need to know and do about current legal regulations, what to teach their independent representations about how to use social media the right way, what matters most in your relationship with a merchant account provider, how to attract field leaders, how to build a great company culture, how

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When Network Marketing Leaders Leave a Company

 
Kevin Thompson is the MLM attorney and has published an awesome article about above issue,
Kevin:
“I was recently asked to write an article about the appropriate way for a MLM leader to leave a network marketing company.  I hope you find the article below informative.
With the increasing number of MLMs launching each month, it’s led to a lot of movement among top leaders. Given this abundance of choices, leaders are enticed with the better reputations of newer companies, top positions or cash…sometimes all three.
These leaders are often times referred to as Master Distributors. The question always arises: what can they do with their existing downline? Clearly, the downline has significant value. With this value, the temptation sometimes leads the leaders to disparage their existing companies, contact everyone in the downline and yell “Who’s

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Is The DSA Still Relevant?

 
The USA Direct Selling Association (DSA) describes its role as “the national trade association for companies that offer entrepreneurial opportunities to independent sellers to market and sell products and services, typically outside of a fixed retail establishment”.
Lately several CEO’s and distributors are having doubts about the DSA added value while consumer watchdogs like TINA are plain negative.
Ramin Mesgarlou CEO – Global Wealth Trade and the Forensic Networker’s opinion:
One after one DSA companies fall to FTC, Vemma being the latest one. Herballife, Amway, ACN and many more are constantly being challenged or taken down by FTC for being an illegal pyramid so DSA needs to be asked this ONE important questions and that is

“Is DSA Still Relevant? “

We were part of DSA in 2008 and pulled out because quickly I realize they were more of

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Network Marketing in 2016 Back to Basics

 
Kevin Thompson, the MLM Attorney has published an other awesome article about Network Marketing:
“When Paul O’Neil delivered his first speech as CEO at Alcoa (the aluminum manufacturing giant), he shocked the audience of shareholders when he disclosed his top priority for his tenure as CEO. 
Instead of doing the usual dance where the CEO talks about increasing sales, increasing margins and driving down costs, he talked about something that seemed completely unrelated to revenue. 
His top priority: worker safety.
Worker safety!?  The shareholders were appalled.  After all, what does safety have to do with share value on the New York Stock Exchange?  Countless shareholders immediately dumped their shares, thinking that Alcoa hired an out-of-touch powder puff CEO…someone who lacked the guts to make tough decisions and focus on the bottom line.
The result?  During

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