A global study released today (24 March) by BSI, in partnership with Cranfield School of Management, finds that business leaders are struggling to balance risk with opportunity, threatening the long-term survival of their firms. The report, ‘Organisational Resilience: A summary of academic evidence, business insights and new thinking by BSI and Cranfield School of Management’,
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Monthly Archives: March 2017
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The changing face of the SME workforce
by Owen Gough • • 0 Comments
Thanks to the Chancellor’s little NI (National Insurance) faux pas, the self-employed workforce have been hitting the headlines in recent weeks. When taking into account the findings of a recent study by leading UK freelance marketplace, PeoplePerHour (PPH), it’s little wonder that the government were seeking to maximise the revenue of this growing sector. According
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Fintech innovators now key to banks’ survival
by Owen Gough • • 0 Comments
With the EU’s Second Payment Services Directive (PSD2) and open architecture framework set to come into force next year, regulation may well tip the scales between banks and fintech businesses for customer loyalty. Concessions must be made on both sides along the way, but in the end the collaborators will be the ones to survive
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Five ways every business can get started with text marketing
by Ben Lobel • • 0 Comments
When you launch a new business, you need to have a strong marketing campaign in place to create interest in your company and ensure you have a solid pool of potential customers before you even open your doors. One way to grab the attention of potential customers early is to create a mobile programme before
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Top Leader Enes Olgun Joins Jeunesse
by Ted Nuyten • • 0 Comments
Multi Million dollar earner Enes Olgun, from Istanbul, Turkey, has a team of over 65,000+ members which he has build in 9 years and has earned over $5 million, with months close to $200,000. He was voted several times Top Networker of the year.
An interview with Enes can be found here.
In 2015 – 6,000 people from HIS team attended a generic training with Eric Worre in Istanbul, which was NOT a corporate event.
Before his shining career in network marketing he was a student and had never been engaged in any economic activity before. His family supported him financially.
Enes Olgun stated:
9 years ago when I signed up for my former company, they came to me. Now for the first time in my life I choose with all my experience a company, and
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Top Leader Steve Mitchell Speaker At The European Direct Selling Congress
by Ted Nuyten • • 0 Comments
Steve Mitchell has 26 years of Direct Selling Industry Experience, with career earnings over $10 million.
He helped thousands to start their own home-based business, and improve their quality of life and is a constisten Multi Million dollar earner.
Back 35 years ago Steve Mitchell owned a thriving chain of successful pizza restaurants, earning him a small fortune, and achieving millionaire status by the time he was 26 years old.
For seven years, things went fantastic; his income was high and he had the lifestyle to go with it. But then within the space of two years the market changed and Steve admits he didn’t change fast enough with the conclusion that his pizzerias went bust and Steve lost everything.
Meet Steve Mitchell live at the European Direct Selling Congress in Amsterdam the
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Struggling In China, Amway Bets On Technology For Turnaround
by Ted Nuyten • • 0 Comments
According to an intreview with Reuters:
Amway is looking to rebuild its business in China with the help of improvements such as an online ordering platform for its agents and experience centers, as sales in the country have fallen over the past three years.
Two decades after entering China, the country remains the biggest global market for the Michigan-based firm, representing about 30 percent of its $8.8 billion in total sales last year.
But China revenue has contracted from nearly $4 billion in 2013, to reach 17.7 billion yuan ($2.57 billion) in 2016.
“We’re struggling a bit here now,” Doug DeVos, Amway’s president, told Reuters in an interview late Tuesday in Beijing.
DeVos said the China business was suffering from “a direct selling cycle” and faced growing competition, with more than 90 direct selling companies now
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Monat Global Sales Up From $19 Million To $41 Million in 2016
by Ted Nuyten • • 0 Comments
MONAT Global Inc., an entirely owned subsidiary of Alcora Corp. and a U.S. based mostly innovator within the Direct Selling and Hair Care industries, has achieved $41 million in sales in 2016.
In October 2014, Monat Global officially opened their doors for business.
“We have accomplished many milestones to-date”, says MONAT’s CEO Rayner Urdaneta, “but our greatest achievements have been helping people reach their goals, regain their self-confidence, and become better entrepreneurs.”
“We don’t just want them to reach the top, we want to equip them to stay on top with the same drive that brought them there”, says MONAT’s president, Stuart MacMillan.
“As we continue to introduce new products, new tools and new rewards, we are reinforcing for our field leaders that they are in the right place at the right time and
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5Linx Partners Charged With Cheating Investors
by Ted Nuyten • • 0 Comments
The original partners of 5Linx, once one of Rochester’s fastest growing companies, cheated investors out of more than $4 million, federal authorities allege according to an article in the Democrat & Chronicle.
The illegally gained money could be as much as $11 million, court papers allege.
The three partners — Craig Jerabeck, Jason Guck and Jeb Tyler — were charged today in federal court with defrauding investors between 2009 and 2015. The three were released on bond of $100,000 a piece.
5Linx was once a highly successful network marketing company, with products ranging from nutritional supplements to wireless security systems. However, there have been clear strains in recent years between past and current 5Linx management.
The Democrat and Chronicle previously reported on allegations in a lawsuit against Jerabeck, who had left the company.
Jerabeck was accused of
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Herbalife Family Foundation Raises $1.7 Million For Youth Worldwide
by Nicole Dunkley • • 0 Comments
The Herbalife Family Foundation (HFF), a U.S. non-profit corporation dedicated to improving children’s lives by helping organizations provide healthy nutrition to vulnerable youth, announced it raised $1.7 million to support Casa Herbalife programs around the world.
The monies raised were donated by employees and independent distributors attending an annual fundraising event held during their annual meeting, this year in Charlotte, North Carolina.
“I am always touched and amazed by the financial and volunteering generosity demonstrated by our employees and our independent distributors,” said Jenny Perez, director of the Herbalife Family Foundation. “The money raised tonight and throughout the year by the Herbalife Family Foundation supports organizations around the world that are dedicated to improving children’s lives.”
The Casa Herbalife Program, established in 2005, helps bring good nutrition to children living in orphanages, using