I have seen the last 10 year a lot of mergers and acquisitions. Some because the company was almost bankrupt, some because it was a smart choice.
Industry icon Richard Bliss Brooke took the royal way to sell his MLM company – Life Matters to Young Living Essential Oils and I take my hat off (Chapeau) the way he did it:
Richard commented as follow on the acquirement:
“How and why we made this move”:
Life Matters although profitable and growing was not growing fast enough. Our sales leaders were not achieving the success they deserved. It would have been a long haul to a Billion and although we were all up to the task we randomly discovered something that led to this Pivot.
Young Living Leaders have always been our number one clients in our generic coaching business….Bliss Business.
YL leaders grew more out of our coaching, built bigger businesses faster, sold more books, came to more retreats etc. We started looking at why that was. What was so growth oriented about YL. What we found in a word was Retention. Their retention rate…the percentage of members that stayed on auto ship long term was off the charts. I had never seen numbers like that
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Young Living Essential Oils Acquires Life Matters
by Ted Nuyten • • 0 Comments
Young Living Essential Oils, the world leader in essential oils, today announced that it has made a non-cash acquisition of Life Matters.
A respected wellness company in the direct selling industry owned by Richard Bliss Brooke and Kimmy Brooke that has inspired people to share vitality, happiness, and longevity.
“Richard and Kimmy are legendary direct selling veterans,” said Jared Turner, Young Living Chief Operating Officer.
“We share common cultures, goals, and missions. We are pleased to welcome them to the Young Living team.”
In a similar way to Young Living, Life Matters has always inspired its members to discover vitality, happiness, longevity, and the power to live life to the fullest.
“Kimmy and I considered many options in the direct selling industry before choosing Young Living, and we’ve never been more excited about the next step in our vision to enhance the lives of others,” said Richard Bliss Brooke, CVO and co-owner of Life Matters.
“We are honored to join such a respected company as Young Living, and we believe in its mission to share wellness, purpose, and abundance with people all over the world.”
Young Living Essential Oils is the pioneer of pure, modern-day essential oils and distillation and continues to be a key influencer and
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USA – FTC vs Network Marketing Industry: Defense Fund Formed
by Ted Nuyten • • 0 Comments
Network Marketing Icon Richard Bliss Brooke has taken the initiative to launch a Defense Fund as the FTC (Federal Trade Commission) attack on Vemma is considered by many as an attack on the Network Marketing industry and the FTC has very deep pockets….
Richard Bliss Brooke:
This letter is an industry wide call to action: a call to arms if you will.
Obviously we all need to take a hard look at our business practices and make the customer the king. But what we need to do right now as well is ensure that Vemma prevails in its case with the FTC on the issues that the FTC has taken the liberty to get totally wrong… like “who should be considered a customer” and due process vs. a police state.
“One of our own” deserves
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Life Matters Names Matt Morrow As Vice President Of Sales
by Ted Nuyten • • 0 Comments
Life Matters recently announced Matt Morrow as their Vice President of Sales. Matt has 29 years of experience in the profession and is a Top Network Marketing leader, making him a “One in a Million” kind of sales leader. Matt is loved and respected by the thousands of people whose lives he has touched.
His profound sense of humor and deep wisdom about human nature and the Network Marketing profession are gifts that make him a perfect fit to join the corporate team at Life Matters. As the VP of Sales, Matt will be inspiring and supporting all the teams in North America.
Richard Bliss Brooke, Owner and Chief Visionary Officer stated:
I have known and been inspired by Matt Morrow for over 20 years. He is one of the very few who not only