Author Archive for Successful IBO

Kids who have mentors, specifically when the relationship is formed naturally, rather than developed in mentoring programs, are more likely to find work early in their careers that gives them more responsibility and autonomy.

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Who Are The Next Millionaires?

by Tina Williams • September 11, 2014 • 0 Comments

After the crash of 2001, many people felt they missed their chance to be part of the boom of the 1990s. Yet, in the four years following 9/11, U.S. household wealth has increased by an incredible $8 trillion to $48 trillion—an additional 20 percent! As of this writing, census figures are not yet compiled to verify this figure, but I would project conservatively that in the same period, we added at least another one million new millionaires.
And that millionaire population explosion is still happening.
Today, the U.S. and the world economy look almost identical to how they looked in 1991, except that there are more opportunities for entrepreneurs due to recent changes in taxation and technology. Based on this history and current conditions, I forecast that U.S. household wealth will again double to $100 trillion by 2016—and that over the same ten years, the exploding U.S. economy will create at least ten million new millionaires.
For those of you in the direct selling industry, this is incredibly good news. Why? Because a significant, good number of those new ten million millionaires are the people who are entering your businesses at this very moment.

American economist and NY Times best-selling author, Paul Zane Pilzer, shares these words

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Thomas Nordlund – Sitetalk & Unaico Field Leader Passed Away

by Ted Nuyten • September 11, 2014 • 0 Comments

Thomas Nordlund was one of the major field leaders in Site Talk – Unaico – OPN and the majortiy of the members has been in his team.
In the Top MLM Networker Poll 2013 he ended on the first place together with his son Kenny Nordlund with 20,000+ votes.
Sitetalk management stated in 2012:
“During the past years we have had enormous help from Kenny and Thomas Nordlund in their roles as Network Directors.
This has, however, come at the expense of other areas, and we are now pleased to announce that these areas will again be the focus of the company.
The amount of hours Kenny and Thomas have put into their roles as network directors cannot be calculated, but we do know that very few people would have been able to do it.
Thomas and Kenny will both take a step back from the management of the company in order to truly focus on the building of the network. They have requested this change for a while, and we have now agreed that they will do more in the next phase of the company in their new roles. It is very important that everyone understands how relevant they are for the company

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Avon Continues To Struggle After CFO Resigns

by Tina Williams • September 11, 2014 • 0 Comments

Avon’s stock is falling Tuesday after its chief financial officer resigned to take a CFO job in another industry.
Late Monday Avon Products Inc., which has struggled to turn around its business, said that Kimberly Ross’ resignation is effective on Oct. 2. Avon’s vice president and corporate controller, Robert Loughran, will be interim CFO while the New York company searches for a permanent replacement.
Avon is the world’s biggest direct seller of cosmetics, but its sales have been steadily declining. The company has reduced costs, cut thousands of jobs and left unprofitable markets to try to improve its business.
Ross, who joined Avon in 2011, leaves big shoes to fill, said Wendy Nicholson of Citi Investment Research in a client note. Ross helped sell jewelry company Silpada, exit weak markets and refinance the balance sheet, Nicholson said. But Avon still has a lot of work to do in its turnaround plan, she said, and that’s a problem as it may take a while to hire a new CFO.

“Avon’s overhead costs seem still way too high, its internal controls/systems are still weak, its cash flow is still depressed and too many markets are still in disarray,” she wrote.

The analyst cut Avon’s rating to “Neutral”

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ItWorks! Celebrates 3 Year Growth Of 1565%

by Tina Williams • September 11, 2014 • 0 Comments

ItWorks! is a direct sales company that markets beauty, wellness and weight loss products. It Works! Global has thousands of independent, direct-selling distributors in the U.S., the EU and Australia and continues to climb the ranks in Inc 5000 to the #290 spot from #436 in 2013, #662 in 2012, and #720 in 2011.
Their revenue climbed from $27 Million in 2010 to $456 Million in 2013 and in the last 3 years they’ve more than doubled the size of their staff. Earlier this year they opened up a $10 Million new headquarters and continue to expand their customer base.
It Works! offers a variety of daily-use, instant-results products, including its signature and unique It Works! Wrap, a contouring product that can tighten, tone and firm any area of the body in just 45 minutes. The company currently pays commissions to more than 60,000 independent distributors worldwide.
In 2013 ItWorks! was named No. 1 for the Highest-Dollar Revenue Growth in the Tampa Bay area on the Tampa Bay Business Journal Fast 50 list. The company was also named No. 56 out of 100 on the Direct Sales Industry Top 100 Global Companies list by Direct Selling News.About It Works! GlobalFounded in 2001, It Works! Global