Experts say there is a new “BYO” companies should start paying attention to: bring your own apps (BYOA).
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Scam Warning For Product Distributors, Specifically Mary Kay
by Tina Williams • • 0 Comments
The Better Business Bureau is warning consumers, especially Mary Kay consultants, about a new scam.
A Springfield resident recently received a text message from someone claiming to be April Weiss, wanting to order $175 in products. April stated that she was opening a modeling agency and the payment would come via cashier’s check from her art director.
Upon receiving the check, the consumer noticed two business names: CU Services Center and California Coast Credit Union out of San Diego. The consumer also received another text message from Weiss stating that the check was accidentally made out in the wrong amount for $2,230.65. April asked that the consumer cash the check and send the remaining balance back to her personal assistant — who she claims is a man named Mark Queen — via MoneyGram. The number associated with the text messages is 404-490-2503, an area code out of Atlanta.
BBB conducted a simple search of the phone number and found several similar stories on www.800notes.com dating from June 16. The bureau offers the following tips on how to avoid being scammed with fake checks.
• Talk to a branch manager in person before depositing a check from a stranger. Banking experts know what to look for in
Hot Business News Today
ForeverGreen Worldwide’s June Sales Growth Increases Over 300%
by Tina Williams • • 0 Comments
ForeverGreen Worldwide Corporation, a leading provider of nutritional foods and other healthy products, announced today that June 2014 revenue exceeded June 2013 sales by more than 300%.
“During June 2014, we had another record sales month,” said Jack Eldridge, CFO. “We remain on track to meet or exceed our previously announced revenue guidance of $13 – $15 million. While many companies are experiencing sluggish sales during the summer months, we continue to grow our revenues for the summer and the remainder of 2014. We are very pleased at how our company message is being received in the market place.”
ForeverGreen Worldwide Corporation develops, manufactures and distributes an expansive line of all natural whole foods and products to North America, Australia, Europe, Asia and South America, including their new global offerings, PowerStrips and SolarStrips.
They also offer Azul and FrequenSea(TM) whole-food beverages with industry exclusive Marine Phytoplankton, the Versativa line of hemp-based whole-food products, Immune Support, Weight management products, Pulse-8 powdered L-arginine formula, TRUessence(TM) Essential Oils and Apothecary, 24Karat Chocolate(R), and an entire catalog of meals, snacks, household cleaners and personal care products.
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2Q Sees Most Venture Funds Since 2007
by Successful IBO • • 0 Comments
More venture capital firms raised funds in the second quarter of 2014 than any quarter seen since 2007. According to fresh data, 78 funds raised $7.4 billion in new commitments.
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Fidelity cutting jobs at facilities in 2 states
by Successful IBO • • 0 Comments
A Fidelity Investments spokeswoman says the company plans to cut more than 400 jobs in Kentucky and Texas.
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Lawsuit: Nu Skin Paid MLM Compensation To Chinese Distributors
by Ted Nuyten • • 0 Comments
Several former Chinese distributors of Nu Skin Enterprises, Inc. claim the marketer of skin care and nutritional supplements authorized sales representatives to earn compensation on their “downline” network in violation of the country’s regulations, according to a consolidated putative class-action complaint that was filed last month in Utah federal court against Nu Skin.
Nu Skin misled shareholders, orchestrating a “massive expansion in China knowing that Nu Skin’s form of multi-level compensation violated many of China’s regulations on direct selling and prohibitions on pyramid schemes,” the lead plaintiff State-Boston Retirement System, a government pension plan, alleged in the 124-page lawsuit filed on June 30.
Plaintiffs in the consolidated complaint have requested certification of a class of shareholders who purchased Nu Skin securities including options between May 4, 2011 and January 17, 2014. The end of the class period roughly coincides with a precipitous decline in Nu Skin’s stock price (NUS: NYSE), following revelations that the Chinese government was investigating its business practices.
Plaintiffs have alleged violations of Section 10(b) of The Exchange Act and Rule 10(b)(5), and Section 20(a) of The Exchange Act.
“We continue to believe the allegations are without merit and intend to defend ourselves vigorously,” Nu Skin spokesperson Kara Schneck said. “Nu
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Summer Fun Only a Dream for Entrepreneurs
by Successful IBO • • 0 Comments
Many small businesses owners won’t be spending much time relaxing this summer, a new study finds.
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Smart and Social: The Recipe for Good Leadership
by Successful IBO • • 0 Comments
Businesses looking for their next leaders should hire employees who are both extremely smart and team players, new research suggests.
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Vi UK: Dave Ives and Amanda Churcher Reach 250K Career Earnings
by Tina Williams • • 0 Comments
The past few months have been momentous for Vi UK as two of its founding Promoters hit over $250,000 in personal earnings* within their first year with Vi.
To mark this extraordinary milestone, 3-Star Ambassador Dave Ives—along with his partner Sarah-Jane Howe—and 2-Star Ambassador Amanda Churcher were awarded with Vi’s exclusive $250,000 Earners Pendant.
Amanda had the honor of receiving her pendant from Vi Co-Founders Blake Mallen and Nick Sarnicola in front of hundreds of Promoters at May’s London Regional Success Training.
We caught up with them to get insight into what their Vi journey has been like so far.
Dave Ives: From “Broke Sandwich man to six-figure-earning Shake man”
Dave dove headfirst into Vi in April 2013. Even with little experience in the market, he went on to become an Ambassador in his first week, bringing in a whopping 180 Promoters.
Now with a team of nearly 900 Promoters, 3-Star Ambassadors Dave and SJ have helped over 200 people on their team achieve a BMW, and have already helped three become Ambassadors. The two have developed the business together, combining their skills to create a unique partnership both professionally and personally.
With business in both Ireland and Germany, Dave and SJ are well placed to
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Vemma Joins The $100 Million Club
by Tina Williams • • 0 Comments
Vemma Nutrition Company has earned a coveted place in the DSN $100 Million Growth Club after skyrocketing 30 spots up the DSN Global 100 List in 2014 to land at #53. Vemma’s inclusion is a result of its impressive 89 percent growth, closing the year up by more than $100 million in 2014. Just 17 other companies on the DSN Global 100 List — the Direct Selling Association’s annual list that ranks the top revenue-generating direct selling companies in the world — qualified for entry into the $100 Million Growth Club, including iconic brands such as Amway and Mary Kay.
In announcing its spot in the $100 Million Growth Club, DSN commended Vemma on a successful customer acquisition strategy and streamlined messaging, specifically tailored to resonate with a targeted audience. Additionally, DSN highlighted Vemma’s commitment to the personal development of its Affiliates as an important factor in its growth.
“Our inclusion in the $100 Million Growth Club reflects not just the great products we produce at Vemma, but most importantly the commitment and passion of our hardworking Affiliates around the world,” said Vemma Founder and CEO BK Boreyko. “And with our move to affiliate marketing this past March, I believe that together we’ll