It’s a sunny, cold morning in Manhattan, too early for most people to be up. But in the New York showroom of the costume jewelry retailer Stella & Dot, a posse of chic employees are already caffeinated and hard at work. They are shoulder to shoulder around a long conference table, looking at bling—bib necklaces, bangle bracelets, cocktail rings, a rhinestone brooch fanned in feathers.
Busy grouping pieces into families is a raven-haired woman dressed like a high-fashion biker, right down to her black ankle boots: Jessica Herrin, 39, Stella & Dot’s CEO and founder. She lines up a row of necklaces, pulling out a golden rope chain that has a dangling trio of hearts.
She puts it around her neck and hoists the chain until the pendants lie against her sternum. “We need midlength,” she says decisively to her team. “It’s a style that works for everyone, everywhere. Dresses up or down. It’s fun or functional.”
Herrin’s close attention to her products and to the reasons women buy them has turned the business into a huge success. Since relaunching in 2007, Stella & Dot (stelladot.com) has paid out more than $100 million in commissions to its 20,000 sales reps.
Remarkably,
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Javita National Convention Attracts 1,200 Attendees
by Ted Nuyten • • 0 Comments
John Haremza, Master Distributor for Javita returned from Javita’s first National Convention this past weekend at the Aria Hotel in Las Vegas.
This was a historic event with over 1,200 enthusiastic members. Javita continues to have success and is on a trajectory to be one of the big players in the industry.
John is a network marketing veteran with 25 years in this industry and earnings of $14 million so he knows a winner when he sees one.
As John says, “All 5 critical elements for success have come together. This is where the magic happens and fortunes are made”.
The theme of the convention was “WHY Javita,” and “understanding your WHY.”
Stan Cherelstein, President and CEO announced that Javita is on track to hit $40 million this year, triple growth over last year. During the event, Javita announced — Million Dollar Madness — a year long promotion whereby a million dollars in extra bonuses, prizes and trips will be given away.
Stan says,
“This is a way to give back to our North American Members for helping us have a successful past year”.
Recognition was very prominent during the event. Supervisors, Managers, Directors and Diamonds were each recognized on stage and congratulated by
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Tania Rivera Shares How Visalus Changed Her Life
by Tina Williams • • 0 Comments
Houston resident Tania Rivera always had problems maintaining her weight. She especially struggled mentally and physically after losing her stepfather and the family’s home in a short period of time.
After that, Tania lost her purpose in life, gained weight, and became anti-social.
“I was a size 12, weighed 177 lbs., and lacked confidence in myself,” says Tania.
However, having been raised by a single mother, Tania learned to overcome adversity. She switched her mentality and was determined to lose weight.
“I decided to stop creating barriers for myself. I wanted to see how far I could go,” she says.
Tania blocked herself from all distractions, hit the gym, and pushed herself passed her limits until she went down to 148 lbs. But during the holiday season, she had trouble maintaining her weight again.
It was then when she saw Buddy Rivera, the 2013 North American Vi Model, on Facebook. His amazing results immediately inspired her to accept The Challenge.
Tania joined Vi and realized she was able to maintain her weight thanks to the support of Vi’s Community and diverse line of products.
A New Direction
Now, at 136 lbs., her vision of life is completely different. Tania is a Rising Star Director and has big dreams for
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Over 320 Applications For The Funding Made Available For Development Programmes By The World For People Foundation
by Tina Williams • • 0 Comments
Over 320 applications for a value of over $210 million: this has been the response to the first international announcement of funding available for development programmes of World for People Foundation(www.worldforpeople.org): an institution that has become in a few months a point of reference at international level. For the first time a foundation connected to a big player in the network marketing as World Global Network arrives at these levels.
Over the next eight weeks the Foundation will evaluate the entries and inform all applicants of the status of their application(s). Due to the large number of submissions, we will however not be able to give individual feedback to unsuccessful candidates. Shortlisted applicants will then have one month from receiving written confirmation of our interest in their project to submit a complete proposal and provide the necessary supporting documents.
With this international announcement of funding available for development programmes the Foundation proposes to contribute to the sustainable development of emerging economies through the promotion of innovative social projects which offer advanced technological solutions for improving the quality of life and economic conditions of the local population.
This project is designed to improve the conditions of pupils in existing schools in emerging countries and areas of
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Ackman Prepares To Extend Bet Against Herbalife
by Tina Williams • • 0 Comments
Bill Ackman, the hedge-fund manager who has mounted a two-year campaign to prove Herbalife Ltd. (HLF) is a pyramid scheme, will extend his bet against the company should he need to.
The cost of maintaining a position in options that profit from a drop in Herbalife shares has declined “substantially” since Herbalife canceled its dividend, Ackman said in his quarterly letter to investors dated today. Most of the over-the-counter contracts Pershing currently holds will expire next year.
“We will extend their terms by paying additional premiums if it is necessary to do so,” Ackman wrote in the letter, which was obtained by Bloomberg News.
Ackman has bet $1 billion against Herbalife and mounted a campaign that was capped by a more than three-hour presentation on July 22 purporting to show that the company is an Enron-style fraud. Investors brushed off his arguments, sending the stock up 25 percent in one day.
Today’s letter also acknowledged that the lengthy presentation and the hype he generated ahead of it were missteps. Herbalife shares, which have since tumbled after the company’s earnings missed projections later in July, are down almost 20 percent in the past year.
Originally reported by Bloomberg
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Selim Doruk – Mega Holdings Hits The Top Rank Of Mega Leader
by Ted Nuyten • • 0 Comments
Selim Doruk, from Istanbul, Turkey has hit the Top rank of Mega Leader.
Mega Holdings is an international Direct Selling company providing online web hosting services.
To be a Mega leader, a representative needs to reach $1 million in monthly sales with his team.
Estimated monthly earnings are $50,000 and Selim Doruk has more than 8,200+ followers on facebook.
Mega Holdings is incorporated in Hong Kong and its Management team is headed by Chairman/Founder Michael Cheng, a successful business entrepreneur with rich experience in network marketing and other business investments in several parts of the world.
The pioneering spirit of Michael Cheng, began in mid-1999 in Hong Kong where he launched an online e-commerce company selling websites and hosting services.
This was initiated at a time when e-commerce was still in its infant stage of development. Thus began the journey of adventures and discoveries in e-commerce that spanned over 122 countries worldwide and that touched the lives of hundreds of thousands of individuals across many cultural and national lines in a borderless world.
The catch slogan of ‘Mega Holdings changes the way people network. You change the way they live!’ soon caught on with the direct marketing communities in Hong Kong, Malaysia, the
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Youngevity International And Actor Danny Glover Team Up To Fight Diabetes And Obesity
by Nicole Dunkley • • 0 Comments
Youngevity International Inc., a global direct marketer of nutritional and lifestyle products and also a vertically-integrated producer of gourmet coffees for the commercial, retail, and direct sales channels, has teamed up with actor/celebrity and health advocate Danny Glover, to help educate individuals on the benefits of proper nutrition, activity, and wellness principles as solutions to the growing health concerns of diabetes and obesity.
Youngevity® has been bringing the message of the valuable and beneficial role of nutrition, exercise and proper dietary supplementation in combating these types of growing health concerns for over 17 years.
Youngevity products, specifically its signature nutritional systems of the Healthy Body Paks™, have been designed and formulated to support the body’s health potential in various health conditions and states, using the 40 years of research of their founder, Dr. Joel Wallach, and continued collaboration and evaluation with academic and research institutions such as Clemson University, University of Manitoba, University of Boston, University of Minnesota, and University of Rhode Island.
Danny Glover, actor and celebrity health advocate, had been introduced to the Youngevity® products through a close friend due to some personal health challenges and he experienced immediate benefits. His passion for helping others and his celebrity position created an
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4Life Research Donates $100,000 To Auburn University
by Nicole Dunkley • • 0 Comments
Aburn University receives $100,000 gift from 4Life Research. The Molecular and Applied Sciences Laboratory in the School of Kinesiology will use the $100,000 donation from 4Life Research to advance the science of 4Life products, study new ingredients, and conduct ongoing research in support of current and future products for distributors and customers alike.
4Life Chief Scientific Officer Chris Lockwood, PhD, CSCS: “As an industry leader, our investment in university research is an absolute necessity to 4Life’s corporate goals of innovation, substantiation, and education.”
“4Life works continually to establish product credibility through exploratory research. Academic associations like this one with Auburn University are key to our strategic initiatives in the marketplace.” says 4Life President and CEO Steve Tew.
4Life’s donation to Auburn University will also fund the purchase of laboratory equipment, graduate student scholarships, and research-related faculty travel.
4Life Founder and Chairman of the Board David Lisonbee: “Research is in the name I used to launch the company. The science of transfer factor and supplementation is our foundation. We will continue to invest in the
ongoing work of our Health Sciences Advisory Board, patent acquisition,academic partnerships, and the leading technologies of our Research and Development team.”
About 4Life
4Life’s leading group of doctors, scientists, and researchers continue to
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Youngevity Reports Q2 Results Up 57% To $32.7 Million
by Nicole Dunkley • • 0 Comments
Youngevity International, Inc., a global direct marketer of nutritional and lifestyle products and also a vertically-integrated producer of gourmet coffees for the commercial, retail and direct sales channels, today reported financial results for the second quarter of 2014.
2014 Second Quarter Highlights:
Net revenue increased 56.6% to $32.7 million compared to $20.9 million for the second quarter of 2013.
Gross profit increased 49.2% to $18.9 million compared to $12.7 million in the same period last year.
Operating Income was $1.2 million, an increase of 14.9% over the prior year period.
Adjusted EBITDA increased 17.5% to $2.0 million for the three months ended June 30, 2014 compared to $1.7 million in the same period for the prior year.
“Our quarterly results demonstrate the strength of our unique business model and we are very pleased to report record revenue,” stated Steve Wallach, Chairman and CEO of Youngevity International. “In the second quarter, we capitalized on strategic opportunities for our Company and we remain well positioned for long-term growth in the United States and globally.”
Dave Briskie, CFO of Youngevity International, said “We are very pleased to deliver record revenue and our eighth straight quarter of profitability. As in the first quarter, Q2 numbers carried a significant expense load related
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ForeverGreen Worldwide Announces Q2 2014 Results
by Nicole Dunkley • • 0 Comments
ForeverGreen Worldwide Corporation, a leading provider of nutritional foods and other healthy products announced Q2 2014 earnings. The quarter ended June 30, 2014.
Recent Company Highlights:
New leaders, distributors and customers added at record pace each month during 2014
Company achieved fifth consecutive quarter of operating profitability and second consecutive quarter of growth in operating and net income
Sales increased each quarter for the last 5 quarters
Company actively shipped product in 174 countries, up from just 150 at end of 2013
Company added new product, SolarStrips, to product portfolio
Company expanded to new corporate headquarters in Pleasant Grove, UT
Company met or exceeded monthly targets necessary to remain on target for the increased company guidance of $41-50 million of revenue during 2014
Highlights for Q2 2014 included:
Sales increased to $14,127,840 from $4,007,611 for Q2 2013, a 253% increase
Gross profit rose to $11,233,332 compared to $2,852,371 during Q2 2013, a 294% increase
Gross profit margins increased to 79.5% versus 71.1% during the comparable quarter during 2013
Operating income was $412,360 compared to $92,653, a 345% increase
Net income totaled $454,856 or $0.02 EPS versus a net loss of $5,383
Operating expenses excluding sales and marketing declined as a percentage of revenue from 31.9% in 2013 to 24% in 2014
Interest expense decreased to $70,407