Monthly Archives: December 2014

Hot Business News Today

MonaVie Launching In China On December 22nd

by  •  • 0 Comments

 
MonaVie announced that their next international market opening will be in China. They have been laying the groundwork for the last couple of years to open in this market.
Pre-launch period starts December 22
Chief Financial Officer Jim Marsh will team up with Dan Zhu, President of Asia Pacific, for a ribbon cutting celebration at the MonaVie Shanghai Administration Office on Monday, December 22, 2014. This will mark the official opening of the office and the official kick-off of our pre-launch period in China.

“For years now we have been exploring the opportunity to enter China, which can quite possibly become the largest direct selling market in the world,” Dan Zhu said. “Plus, one of the fastest-growing segments of our global distributor family is among our ethnic-Chinese distributors that have ties to China.”

During the pre-launch period, China entrepreneurs and consumers will be able to start building their business and ordering product. (Please note the requirements to build in China listed below.)
Along with their main office in Shanghai, they will also be opening an office in Guangzhou on the same date. They will also open an office in Beijing in April 2015.
Full launch April 5, 2015
The official target date for full launch is April 5, 2015. The launch will coincide

Read more...

Hot Business News Today

Industry Leader, Steve Niumatalolo, Joins Jeunesse

by  •  • 0 Comments

 
Jeunesse is celebrating the entrance of top earner, Steve Niumatalolo, into their global network of distributors.
Steve has been a top earner in the previous two companies that he’s been involved with over the last 10 years, and has directly influenced and developed over a dozen leaders in the industry today—each of which have earned seven figure incomes and achieved financial freedom. At his last company, he was ranked as a Diamond in the Million Dollar Club, a group reserved exclusively for top earners, and stayed in that group for over seven years.
Jeunesse was founded by Wendy Lewis and Randy Ray, and is built on a solid network of international teams from Asia Pacific to Europe and North America. With record sales of $50 million just last month, and its recent addition as #258 on the INC. 500 List, Jeunesse is attracting high-profile professionals from all over the world.

When asked about his decision to join Jeunesse, Steve said, “When I saw the Jeunesse Expo in Macau, I was literally blown away. Everything about Jeunesse is incredible: from its cutting-edge products to its solid compensation plan. I also got to know the company’s leaders and I’ve fallen in love with Wendy and

Read more...

Hot Business News Today

4 Things Amway Learned On Survey Of Over 40,000 On Entrepreneurship

by  •  • 0 Comments

 
For the past five years, Amway has been gathering data on entrepreneurs and what makes them different from other worker bees.
In the recently released 2014 Amway Global Entrepreneurship Report, the Michigan company surveyed more than 40,000 people to gain insight about the state of self-employment around the world. This year’s survey questions explored the connection between education and entrepreneurship.
The report is intended to advance the discussion on entrepreneurship and lead to a deeper understanding of what can be done to encourage and better prepare more people around the world to start businesses of their own, said Amway Chairman Steve Van Andel.

“Entrepreneurs play an important role in growing economies,” said Van Andel in a statement. “They create jobs, encourage competition and help communities grow and flourish. As the business environment has changed through the years, so have the reasons people decide to venture out on their own.”

 
Steve Van Andel and Doug DeVos on Amway’s entrepreneurial reportAmway co-CEOs Steve Van Andel and Doug DeVos discuss the company’s entrepreneurial report.

The world’s biggest direct sales company credits its success to the entrepreneurial spirit of its more than 3 million “Amway business owners” who sell the company’s vitamin supplements, cosmetics and household products. The privately owned

Read more...

Hot Business News Today

SEC Files To Drop Insider-Trading Case On Herbalife

by  •  • 0 Comments

 
The Wall Street Journal just reported: 
The Securities and Exchange Commission on Monday filed to dismiss insider-trading charges against a man accused of profiting from privileged information tied to Herbalife Ltd.
The SEC had charged Jordan Peixoto, of Toronto, of buying Herbalife options after hearing William Ackman ’s Pershing Square Capital Management LP was planning to make a negative public presentation about the nutritional supplements maker. Mr. Peixoto ultimately ? made $47,100 in profits. 
The SEC said it is dismissing the charges because the two men who developed the information and passed it on to Mr. Peixoto aren’t available to testify at the trial, which had been set for March.
According to the agency, Mr. Peixoto was tipped off about Mr. Ackman’s planned comments by Filip Szymik, who learned the information from his roommate and longtime friend Mariusz Adamski, then an analyst with Mr. Ackman’s Pershing Square.
The two men, who were roommates in New York City at the time of the event, have since returned to their native Poland and have indicated they intend to assert their Fifth Amendment right against self-incrimination if compelled to testify.
Herbalife’s stock dropped 39% in the days following Mr. Ackman’s announcement.
Mr. Szymik, who didn’t trade in Herbalife securities, agreed to a $47,100 civil penalty

Read more...