Nearly one in four small businesses are looking to develop apprentice schemes to compensate for skills shortages, research finds.
Monthly Archives: October 2014
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JC Penney names Ellison as its next CEO
by Successful IBO • • 0 Comments
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8 Do's and Don'ts of Selling Your Business
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Selling your business? These tips can help you interest potential buyers and make the process go more smoothly.
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Moto G (2014) Review: Is it Good for Business?
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Defined: 14 Experts On What It Means to Be an Entrepreneur
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What is entrepreneurship — and what is it not? Fourteen founders and business leaders shared what entrepreneurship means to them.
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Petya and Tim Edwards – Global One Entertainment Top Earners Interview
by Ted Nuyten • • 0 Comments
Petya and Tim Edwards from Dallas,USA are one of the top new teams in Global One Entertainment (G1E).
Instead of trying to sell what people “need to buy” that includes behavior changes, creating new habits or requires discipline G1E focuses on what many people want “fun and entertainment”. They have monetized some of the most exciting global trends in direct sales.
Their electronically delivered products like Fantasy Sports, Online Games, Social Media Technology and Travel combined…are multi trillion dollar industries.
Tim and Petya have a refreshing approach with a focus on mentoring. They say “sponsors sign you up, uplines collect checks but mentors work “with YOU personally” to help you make money”.
If you ask 100 reps in any company “what are the two things you need most” many say I don’t get enough help and I don’t make enough money. Tim and Petya believe “if you build people, the business takes care of itself”. They also take a different approach to “systems”.
Tim believes the industry has gone too far with automation. For many it’s become about “the sales funnel” which adds complexity and cost plus it takes the focus off people. This is a relationship business and nobody has a
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Interview with Anneke Steenkamp – A Young Freelance Writer from Cape Town
by wahanelson • • 0 Comments
Tell us a little bit about yourself and your freelance journey. After I finished my studies, I soon realized that I wanted to work for myself. I did an internship here and there and learned some valuable skills in building your branding and marketing yourself as a product. I’ve been freelancing for about 2.5 years […]
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Banners Broker’s Accounts Frozen
by Tina Williams • • 0 Comments
Police in Canada have claimed the masterminds of the Banners Broker advertising website, which netted 12,000 investors there, were operating a pyramid scheme which “evolved into a straight Ponzi scheme”.
The Royal Canadian Mounted Police has also claimed that Christopher George Smith, Rajiv Dixit, and “others known or unknown” possessed and laundered the proceeds of crime.
The Mounties have succeeded in freezing a number of accounts in Canada containing hundreds of thousands of dollars and linked to the Banners Broker scheme.
The officer who has led the investigation, Constable Kate Judd, said in an affidavit seeking the freezing of the accounts that the “suspects will or could soon be charged with the following offences”:
-Running a pyramid scheme;
-Fraud over US$5,000;
-Possession of property obtained by crime;
-Laundering the proceeds of crime;
-Making false and misleading representations.
“It is the position of the police that the Banners Broker operation was dishonest and that said dishonesty misled many investors, causing them to part with funds that, had they known the truth about Banners Broker, they would not have parted with,” said Judd.
“It is the position of investigators that this business was a pyramid scheme that, over time, evolved into a straight Ponzi scheme in which new victims were recruited to
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Herbalife Moves To Curb Rogue Sites
by Tina Williams • • 0 Comments
Herbalife, the diet shake seller being probed over pyramid scheme accusations, is making another move to keep regulators at bay.
The Los Angeles company is banning independent web sites run by US distributors and migrating their businesses to a corporate-controlled hub (goherbalife.com).
The change, which goes into effect Nov. 15, is an attempt to exert more control over Herbalife’s sales force and follows some instances in which distributors were accused of making false health claims about the company’s products.
“The web sites are designed to be in compliance with applicable requirements about product claims and they provide a consistent brand image for Herbalife products,” the company said in its advisory, adding the goal is to “promote a level playing field for all members.”
The Federal Trade Commission opened an investigation into Herbalife after hedge fund activist Bill Ackman lobbied hard for a probe and placed a $1 billion short bet on the company.
Ackman, whose big Herbalife short is now closer to $2 billion, claims the company is a pyramid scheme in which distributors earn more money from recruiting other distributors than by selling products to the end user.
While Herbalife denies the allegations, it has taken steps to address some potential trouble spots, including a
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Ariix’ Deanna Latson Named Stevie Awards Finalist For Women In Business
by Tina Williams • • 0 Comments
Premier global health and wellness company ARIIX announced Chief Product Officer Deanna Latson as a Finalist in two categories in the 11th annual Stevie® Awards for Women in Business, and will ultimately be a Gold, Silver, or Bronze Stevie Award winner in the program.
The Stevie Awards are hailed as the world’s premier business awards, and this category honors women executives, entrepreneurs, employees and the worldwide companies they represent.
Gold, Silver and Bronze Stevie Award winners will be announced at an awards ceremony to be held at the Marriott Marquis Hotel in New York on Friday, November 14. Nominated women executives and entrepreneurs from the US and several other countries are expected to attend the gala event, which will be broadcast on live radio in the US and simulcast worldwide by Biz Talk Radio, as well as taped for a later television broadcast.
The award considers leadership in several categories, including Executive of the Year, Entrepreneur of the Year, Women Helping Women, and Communications Campaign of the Year. Latson was selected from more than 1,200 entries submitted for consideration, and is a finalist in two categories: Female Executive of the Year and Consumer Products—Innovator of the Year.
Drawing upon extensive education and life experience, Latson is a passionate advocate for