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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Conference: Direct Selling Education For Companies
by Ted Nuyten • • 0 Comments
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 learn, and they practice what they preach.
Owners and employees of new and established direct selling companies attend the two-day Direct Selling Edge Conference to learn more about compensation plan design and improvement, how to build your field force, legal regulations, social media best practices for direct selling companies, tax obligations, compliance, merchant accounts, how to create a great company culture, what to do before you obtain or replace your software, and much more.
MLM attorney Kevin Thompson of ThompsonBurton and MLM compensation plan consultant Jay Leisner of Sylvina Consulting developed their two-day school for network marketing and party plan companies in 2011. Held three times yearly, their 13th conference will
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The MLM Attorney: 33 Reasons NOT To Start A MLM…
by Ted Nuyten • • 0 Comments
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. Recently featured on Bloomberg TV and several national publications, Thompson is a thought-leader in the industry.
He recently pulished this article which we think is a MUST read for many:
“I was speaking with a prospective client the other day about his MLM Startup and on his first question, he asked, “Are there any reasons why I should NOT start a network marketing business.” I thought it was a neat exercise. He was clearly testing me to see if I could be objective. After all, the MLM
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Kevin Thompson – Lessons Learned From The FTC vs Vemma Law Suit
by Ted Nuyten • • 0 Comments
Kevin Thompson, the MLM attrorney, is part of the Vemma’s Legal team, in this write up he shares his knowlege. Stuff to read for corporate executives as for Network Marketing professionals in the USA and those entering the USA market.
This was very interesting to read:
In fact, our guess is that most companies will stand pat and continue to take one of two ignorant approaches. The first is the “that won’t happen to us” approach. The proverbial logic behind this approach goes something like this: the FTC doesn’t pursue many companies; with each passing day, more and more companies invade the industry’s space; therefore, our company won’t be THE COMPANY that serves as the government’s sacrificial lamb.
Kevin Thompson:
“This is Part Two of our series on the Vemma ruling. In Part One of
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Education Conference For Direct Selling Company Owners And Executives
by Ramya Chandrasekaran • • 0 Comments
The 12th Direct Selling Edge Conference hosted by Kevin Thompson of ThompsonBurton PLLC and Jay Leisner of Sylvina Consulting will be held in Fort Worth, TX on October 5 and 6, 2015.
Direct sales industry attorney Kevin Thompson and sales compensation consultant Jay Leisner are hosting this two-day school for direct selling company executives at the Radisson Hotel Fort Worth Fossil Creek in Fort Worth.
Direct sales company owners and executives from around the world will be in attendance.
Individual tickets are $250 each, but a company can bring up to 4 people for a total cost of only $300. Additional team members are only $75 each. Tickets can be purchased online at www.dsedge.com.
The Direct Selling Edge faculty includes 10 speakers who are foremost experts in their respective fields. In all, there are 14 educational sessions
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Direct Selling Edge Conference Will be held 5 – 6 October
by Ted Nuyten • • 0 Comments
Held since 2011, the Direct Selling Edge Conference has become the best and most informative two-day school for new and young network marketing and party plan companies.
MLM attorney Kevin Thompson and compensation plan consultant Jay Leisner invite owners and employees of network marketing and party plan companies to attend their two-day direct selling school for direct selling companies, the Direct Selling Edge Conference, in Fort Worth, Texas on October 5 and 6, 2015.
MLM lawyer Kevin Thompson of ThompsonBurton and MLM compensation plan consultant Jay Leisner of Sylvina Consulting have teamed together to organize and host their 12th educational event led by the foremost experts in their respective fields.
For those who are starting or even just thinking about starting a direct selling company, this is the place to go for pure education
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Vemma Might Be In Business After 3 September
by Ted Nuyten • • 0 Comments
According to Kevin Thompson – the MLM attorney, in below video, there is a fair chance Vemma will be again in business next week.
Kevin Thompson is the leading Network marketing top attorney in the USA.
He stated: “It’s my opinion that the FTC got this one wrong. Vemma, with a long history of product value and a A+ rating with the BBB (a near impossible feat), does not fit the “pyramid scheme” mold. This is an important case”.
He also stated that he believes the Injuction (a court order to stop business) will be lifted after the hearing, the first meeting in front of the judge, between Vemma and the FTC.
He also believes the lack of regulation in the MLM – Network marketing industry has triggered this lawsuit, basically the FTC can
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The MLM Attorney: The Economics Of A MLM Law Suit
by Ted Nuyten • • 0 Comments
Kevin Thompson, the MLM attorney, has published an interesting article about Ligitation. Ligitation is a term for a law suit, action, or cause instituted or depending between two private persons in the courts of (USA) law.
Kevin Thompson:
The Economics of MLM Litigation
Thompson Burton’s MLM law practice often fields questions from companies looking to sue distributors for various reasons. We also take calls from distributors that are being sued by their former network marketing company. We’ve seen the same issues litigated, over and over, from both sides, across the country. The surface reasons for these suits are usually the same: cross-recruiting.
Distributor Sam wants to sue Company XYZ because Sam was terminated after joining a new network-marketing venture. Or Company XYZ sues Distributor Sam for recruiting XYZ distributors for disparaging the company and
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The MLM Attorney – Deals Not Disclosed Is Fraud
by Ted Nuyten • • 0 Comments
Kevin Thompson, The MLM Attorney stated:
In December of 2014, I wrote an article titled “MLM Special Deals: The Fraud Ends Now.” The article was about “Business Development Agreements” / confidential deals used by MLM companies to attract networkers. The more success in prior companies, the sweeter the terms. After reaching a deal, the networkers publicly announce, “After some serious due diligence and deep reflection, my heart has led me to join Company ABC….I find their products to be best in-class and their compensation plan to be the most rewarding I’ve ever seen.”
And since the private deals typically require aggressive volume goals, it naturally leads networkers to raid their prior organizations (or cut private deals of their own).
Two things: (1) It’s fraud. It’s a material fact that, if known, affects the
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Time to Reexamine DSA’s Code of Ethics: Suggestions From MLM Attorney, Kevin Thompson
by Nicole Dunkley • • 0 Comments
It’s old news now. Avon left the DSA. In their announcement, they stated the DSA’s Code of Ethics needed revision. Specifically, Cheryl Heinonen at Avon said,
“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.”
In a separate article in the Washington Post, Heinonen gave a quote that shed a little light on what she meant. She said,
“I think it’s problematic when you sell inventory — bulk product — that the person who is acquiring it can’t use themselves and sometimes may not know how to sell,” Heinonen said. She added that the language in the trade association’s code of ethics on this point and other aspects of consumer protection need to be firmer.”
The problem: inventory loading. And I’ll drill down a little deeper because inventory loading, when it exists, is a symptom of a larger problem: lack of product value. In other words, when there’s a lack of legitimate demand for product, companies incentivize participants to “load up” on items they might