WakeUpNow has published its Q2 report, and reports a revenue of $16,4 million, Q1 revenue was $9,7 million, so revenue is 70% up.
A small profit of $32,000 in Q2 while Q1 had a loss of $1,5 million.
WakeUpNow management stated:
“Though the Company’s current financial condition may cast doubt on its ability to continue as a going concern, management believes that its plan of operation, if successfully implemented, will generate sufficient earnings to both restore a stable financial condition and provide adequate returns to its shareholders”.
Postive factors:
“Management believes that its efforts to develop a robust product offering with a compelling value proposition will continue to attract distributors both in the United States and abroad”.
As risk factors WakeUpNow mention:
“State governments could attempt to tax our distributors as employees which would be devastating or fatal to our business.”
For instance, a staff member from the Utah State Tax Commission, has threatened to attempt to classify our distributors as employees and classify us as an employer of our distributors on the theory that our distributors are eligible for bonuses based on exceeding certain sales revenue goals.
“A substantial majority of our sales are via credit card and if we are unable to maintain relationships with
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Hot Business News Today
WorldVentures Ranks No. 2333 On The 2014 Inc. 5000 List
by Nicole Dunkley • • 0 Comments
WorldVentures, the leading international direct seller of vacation club memberships, ranked No. 2333 in Inc. magazine’s 33rd annual Inc. 500|5000, an exclusive ranking of the nation’s fastest-growing private companies. WorldVentures received its ranking based on growth of 167% in the past three years.
The list represents the most comprehensive look at one of the most important segments of the economy—America’s independent entrepreneurs. Companies such as Yelp, Pandora, Timberland, Dell, Domino’s Pizza, LinkedIn, Zillow, and many other well-known names gained early exposure as members of the Inc. 500|5000.
“To be recognized for our significant growth alongside such highly respected companies is very humbling,” WorldVentures Co-Founder and Chief Visionary Officer Wayne Nugent said.
“This is proof of the hard work of our corporate staff and Independent Representatives. We look forward to more expansion as we continue to provide opportunities for financial freedom, fun life experiences and personal development.”
The 2014 Inc. 5000 is the most competitive crop in the list’s history. The average company on the list achieved a mind-boggling three-year growth of 516%. The Inc. 5000’s aggregate revenue is $211 billion, generating 505,000 jobs over the past three years.
About WorldVentures:
WorldVentures is the leading international direct seller of vacation club memberships. WorldVentures is on
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Talk Fusion Launches New Servers In Asia; Germany Next
by Nicole Dunkley • • 0 Comments
Talk Fusion, a Florida-based video communication and relationship marketing company announced the implementation of new server infrastructure in Hong Kong to enhance service across Asia. Independent Associates and Customers throughout Indonesia, Japan, China and Hong Kong will experience faster upload times and enhanced service for Talk Fusion’s CONNECT video communication solution, including Video Email, Video Newsletters, Live Meetings and Conferences.
“Congratulations to Indonesia and Asia,” stated Talk Fusion Founder and CEO Bob Reina. “We’re excited and it gets better. We’re deploying all over the world. We just shipped servers to Germany, to cover Europe. They’re in transit right now; once they get there, they’ll be put into service very quickly.”
While no official launch date for the Germany servers has been confirmed, rigorous Beta Testing for the Asia infrastructure was successfully completed within two weeks before the servers went live.
ABOUT TALK FUSION
A global leader in Video Communication Products, Talk Fusion is dedicated to changing lives through unmatched life-sharing solutions powered by proprietary, patent-pending video technology. Talk Fusion’s innovative products are marketed person-to-person by independent Associates in more than 140 countries.
Founded in 2007 by CEO Bob Reina, Talk Fusion introduced the world’s first Instant Pay Compensation Plan. Talk Fusion adheres to the highest
Hot Business News Today
The Top 5 Independent MLM Trainers – Eric Worre And Others
by Ted Nuyten • • 0 Comments
We got the question:
“Who are the top 5 independent MLM trainers in the world, as we would like to hire a trainer for our world convention, who has had major success in the past as a distributor and can explain, train, motivate our distributors?”.
Our answer:
Almost every MLM trainer in the world has a deal with a MLM company as a distributor, the pool is very small…
Tim Sales is connected to ARIIX, Randy Gage to Agel, John C. Maxwell to ViSalus, Todd Falcone to Send Out Cards, to mention a few.
That is why Direct Selling companies often hire motivational speakers as Darren Hardy, Les Brown, Eric Thomas, Brian Tracy and Bob Proctor, they know the Direct Selling industry, however had no real success as distributor.
Based on Facebook likes, Eric Worre, followed by 26,000 people is the most popular independent MLM trainer, his fanpage has almost 500,000 likes see Network Marketing Pro Page.
Since he stepped out of Send Out Cards as distributor his popularity has grown immense.
He has been a leader in the Network Marketing Profession for over 25 years. He is retired from being a distributor and focused exclusively on Network Marketing Pro, his career has given him a broad range
Hot Business News Today
The Most Popular In-House MLM Trainer Poll – 2014
by Ted Nuyten • • 0 Comments
Business For Home is organizing the The Most Popular In-House MLM Trainer Poll – 2014.
In-house trainers have the advantage of knowing the company first hand, often it are Top Earners, or Field Leaders with a proven record, sometimes CEO’s / founders.
An in-house trainer is a specialized skill development position in a company where the goal is to help improve the performance of the distributors. Motivators “pur sang”. Speaking in front of thousands.
An effective in-house trainer can remove Fear, Uncertainty and Doubt (The FUD factor) and is extremely valuable to the organization.
They are more likely to have a long-term relationship with the organization and continue to support skills improvement over time.
Please vote for your favorite The Most In-House MLM Trainer for 2014.
The poll will close October 15
You have 1 vote!
We love to have your facebook comments
Nominated are over 100+ Top MLM In-House Trainers
Please scroll down to vote and for the real-time score
You need to connect to your Facebook account to vote!
Did we miss your In-house trainer?
Please nominate below
(Maximum we list is 2 in-house trainers per company)
Preliminary nominees (without any particular order)
Holton Buggs
Organo Gold
Mark Smith
Nerium International
Nick Sarnicola
ViSalus
Tom Alkazin
Vemma
Bob Reina
Talk Fusion
Matt Morris
World Ventures
David Moses
Zija
Ramin Mesgarlou
Global Wealth Trade
Hedi
Hot Business News Today
Lyoness Responds To Ponzi Allegations In Australia
by Ted Nuyten • • 0 Comments
Lyoness Australia has issued the next statement:
“Lyoness rejects allegations raised by the ACCC, and will vigorously defend the proceedings commenced by the Commission on 28 August.
Lyoness is a shopping community, customer loyalty program and network marketing business.
Benefits are exclusively generated by shopping activities within the Lyoness community. Members receive benefits when they shop, whether they introduce other members or not. Lyoness members may introduce members and receive benefits when the new member shops in the Lyoness community, but no benefits come from the introduction alone.
Lyoness has been active for 10 years and in none of the 46 markets in which it is active has Lyoness been found guilty of or convicted for operating a pyramid scheme.
Over four million members take advantage of the Lyoness benefits at over 40,000 loyalty merchants around the world. In Australia, there are now 780 Lyoness loyalty merchants, including many small and medium sized enterprises.
Lyoness is committed to full compliance with the law and to dealing honestly with Australian consumers.
Daily business is not affected. This court action has no effect on Lyoness members, loyalty merchants or staff, and Lyoness may be contacted by them in the usual way.
Since the proceedings are before the court, Lyoness
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Vemma® Honored In Recent Awards Competitions Including CEO Of The Year For BK Boreyko
by Tina Williams • • 0 Comments
Vemma and its Founder and CEO have recently been recognized with several awards in The Academy of Multilevel Marketing Awards and the 2014 Videographer Awards.
Vemma Founder and CEO BK Boreyko was awarded CEO of the Year in the first annual Academy of Multilevel Marketing Awards. The mission of The Academy of Multilevel Marketing (TAMM) is to recognize and reward industry leaders in all categories of business. The Academy is comprised of an elite group of industry leaders and experts, and honors those that exemplify the best practices and highest standards of the industry.
“I am honored to have been chosen for this award and thank the Academy for their work to promote and recognize excellence in the industry,” said Boreyko.
The competition consists of nominations and voting in 10 categories. Vemma was nominated in three categories, including Company of the Year and Product of the Year for the insanely healthy energy drink, Verve®. Winners for all categories were announced on the Academy website, academyofmlm.com.
Vemma was also recently honored with six awards in the prestigious 2014 Videographer Awards for video projects addressing company information and culture, as well as products and charitable efforts.
“Videos are such an important tool for telling the Vemma story, and we
Hot Business News Today
Thailand To Host Unicity Meet
by Tina Williams • • 0 Comments
“Winning this mega-event will significantly enhance the country’s image and international confidence in Thailand to host events. It will also demonstrate Thailand’s potential to facilitate hosting mega-events,” Nopparat Maythaveekulchai, president of TCEB, said yesterday.
The convention, which will take place at Impact Muang Thong Thani from October 15-18, is expected to bring 50,000 distributors from around the world, according to Unicity, and Bt1.78 billion in revenue into the country.
Despite the political turmoil early this year, Unicity remained confident in Thailand, thanks to the country’s strong fundamentals and TCEB’s impressive support.
TCEB provides financial assistance for the meeting venue, coordination and communications activities through the Connect Destinations marketing campaign.
Christopher Kim, president of Asia-Pacific for Unicity International Inc, said Unicity chose Thailand as the venue for its annual global convention because the country is the third-largest market for the company after the US and South Korea.
“The Thai market has grown at a very fast pace during the past seven years and become one of our largest markets in this region. In addition to market growth, leadership is very strong. The way Unicity people in Thailand do business is amazing and the system they created here, which we call Unicity Power System, is now being
Hot Business News Today
Kannaway Launches In Puerto Rico
by Tina Williams • • 0 Comments
Kannaway, LLC, is the first hemp lifestyle network marketing company to offer cannabidiol (CBD)-rich hemp botanical products in the US and Puerto Rico.
The Company announced their Puerto Rico leadership management team that is comprised of: Edgar Montero, Fernando J. Ramos, Dr. Fernando A. García Cruz and Dr. Mildalias Dominguez Pascual. Each has a wealth of international business-building expertise and is taking part in the introduction of new CBD-rich hemp oil products to interested network marketing entrepreneurs at Kannaway’s Puerto Rico launch.
As hemp makes its rapid resurgence into the US and Puerto Rico marketplaces, Kannaway offers network marketers the world’s first distribution opportunity of CBD-rich hemp oil lifestyle products including:
KannaKick™ functional food energy chews with 100mg of caffeine (slightly more than a cup of coffee) in sour apple, “icy,” chocolate, citrus, and cinnamon flavors.
HempV?P™ lifestyle vaporizer pen that uses strawberry and honeydew flavored CBD-rich hemp oil.
Cannabis Beauty DEFINED™ luxury anti-aging cleanser, exfoliant, moisturizer, day & night serum, toner, salve, soak, and capsules.
About the Kannaway Puerto Rico Leadership Team:
Educated in business and economics at the most prominent University in Mexico, ITESM, Edgar Montero is one of the youngest business moguls on record to establish an international sales team exceeding 15,000 people. Now Director of International Expansion
Hot Business News Today
Empower Network Launches New Product
by Tina Williams • • 0 Comments
Empower Network launched its new Top Producer Formula with a live Web event from Denver with founder Dave Wood, CEO Jonathan Cronstedt and CMO Mars Burden.
The Top Producer Formula is a new training program designed to help affiliates and members figure out exactly what they are missing in their online businesses that might prevent them from making sustainable money. The Top Producer Formula assists Empower Network members with improving their businesses and becoming top producers.
“We developed the Top Producer Formula based on our member feedback,” said Cronstedt. “We decided to launch this product before our next event to help build momentum and get our members and affiliates excited about Orlando.”
In the Top Producer Formula, Wood shares the five core elements and his commandments for blogging. The 13 modules allow for easy training and access.
Empower Network’s quarterly conference is Oct. 23-26 at the Hyatt Regency Orlando at 9801 International Dr.
The income examples Empower Network shares are extraordinary and are not intended to serve as a guarantee of income. Instead, they’re designed to give consumers an idea of what’s possible. Success in this business, as with anything, requires leadership, hard work and dedication. Since Empower Network wants to help consumers make informed decisions, it’s gone