Tag Archive for Ryan Blair

People Magazine Profiles Visalus CEO

 
The latest issue of People magazine this week has a profile story on Ryan Blair, the founder and CEO of Visalus. The story traces Ryan’s Inspiring Journey from Juvenile Delinquent to Multimillionaire Entrepreneur.
Entrepreneur Ryan Blair, who runs a business empire worth hundreds of millions of dollars, still remembers that painful day he knew he needed to change his life.
 

“I was 16 and had been arrested for strong arm robbery,” says Blair, who at the time was running with a violent street gang in Ventura, California, and often rummaging through dumpsters for food. 
“I was in handcuffs and my legs were shackled and I looked over and saw this old man shuffling by me in chains. Suddenly I realized, ‘I want more out of my life than this.’ ” 

Not long afterwards, Blair’s divorced mother began

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ViSalus Founders Highlight A Year Of Bold Moves

 
Vitality 2015: The International Vi Community Comes Together to Celebrate Life, Health, and Prosperity in Kansas City, MO, October 23-24
Vitality 2015, ViSalus’ biggest event of the year brings together thousands of Vi Promoters from 15 countries around the world to recognize another year of life-changing transformations. This year’s event will take place October 23-24th at the Kansas City Convention Center in Kansas City, MO. Those in attendance will cheer on new Challenge Champions, new Vi success stories, and welcome hundreds of new shareholders who have earned equity in the Founders Equity Incentive Plan.

“There is perhaps no other asset more valuable in my opinion than equity,” said Ryan Blair, ViSalus Co-Founder, President and CEO. “After we bought back the company, we put the Founders Equity Incentive Plan on the table for those loyal

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ViSalus Founders Buy Back The Company From Blyth

 
Congratulations to the ViSalus Founders, that is “All In” ! Ted Nuyten
ViSalus, Inc, the weight-loss and fitness company known for its mission of Challenging the World… 10 lbs. at a Time through the PROJECT 10TM Challenge, a personal health and lifestyle transformation platform, announced today that its Co-Founders and key stockholders have reached an agreement in principle to complete a transaction with Blyth, Inc. (NYSE: BTH) in which all shares of ViSalus redeemable convertible preferred stock will be exchanged for ViSalus common stock.
ViSalus’ Founders’, employees’ and early stockholders’ ownership of ViSalus will increase to 90%.
Blyth will continue to be an equity holder, retaining 10% of ViSalus common stock. The transaction will also eliminate ViSalus’ obligation to redeem approximately $143 million of its preferred stock, most of which is owed to the company’s three Co-Founders, as well as Blyth’s guarantee of that obligation.

“The Co-Founders and I are very excited to go ‘all in’ on a business that we started and the future prospects of which we believe in wholeheartedly.
I am also personally grateful to the Goergens and to Blyth for nearly 10 years of mentoring and support,” stated Ryan Blair, ViSalus Co-Founder and CEO.

ViSalus Co-Founder and Global Ambassador Nick Sarnicola, and ViSalus Co-Founder

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