Tag Archive for business

DSMA Honors Younique with “Growth” Award – $35 Million In October

 
Younique, a cosmetics direct sales company dedicated to uplifting, empowering and validating women everywhere, received the Direct Selling Management Association’s (DSMA) “Growth” award in a ceremony held November 6, 2014. Younique October sales topped $35 million.
Younique’s year-over-year sales growth of 5,145% (from October 2013 to October 2014) was enough to secure the honors.
Younique cofounder Melanie Huscroft received the award and expressed her gratitude to the DSMA and to Younique Presenters around the world who are making this all possible.
“It’s beyond words for me to express how happy I am to see this company’s mission expand its reach. And, to me, that’s exactly what this Growth award means; our collective success is helping spread our mission to uplift, empower and validate women.”
The “Growth” award is one of six awards that the DSMA of Utah evaluates and awards to deserving companies. The Utah DSMA was founded in 2005 to create and maintain collaboration among Utah-based, direct selling companies, and related businesses and organizations.
Another indicator that Younique is on a path to meaningful growth was its reaching and surpassing the significant 100,000 Presenter (independent sales representative) milestone. Visitors to the website can view the live Presenter tracker (scroll to bottom of page) to

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Organo Gold Receives Napoleon Hill Foundation’s Coveted Gold Medal Award

 
Organo Gold, the global gourmet coffee company that caters to consumers’ active lifestyles, has accepted the Napoleon Hill Gold Medal Award from Napoleon Hill Foundation Executive Director, Don Green. The award was presented to Bernardo Chua, Founder and Chief Executive Officer, Shane Morand, Co-Founder and Global Master Distributor of Organo Gold, and Holton Buggs, Executive Vice President of International Sales. Past recipients of the award include Mary Kay Ash, Lee Iacocca, Dr. Norman Vincent Peale and Ted Turner.
“Napoleon Hill understood that the most effective technique of motivation is based on example,” explained Dr. J.B. Hill, the grandson of Napoleon Hill. “Throughout its six year history, Organo Gold has continually demonstrated Napoleon Hill principles. Bernie, Shane and Holton have continued to instill that vision with the integrity that would have made my grandfather proud and represents the NHF today.”
“When we created Organo Gold, we set out to redefine network marketing,” stated Bernardo Chua, Founder and Chief Executive Officer of Organo Gold. “Our corporate values, focus and people have pro-pelled our company to the 55th largest network company in the world. This award gives us the valuable recognition that we are on the right track.”
“When Organo Gold was founded, we made a

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Selman Olgun – Mega Holdings And 23 years Hits $50,000 Per Month

 
Selman Olgun from Istanbul, Turkey is 23 years young and has hit the $50,000 per month mark with his Mega Holdings distributorship.
For his age an awesome achievement.
He has the top rank of Mega Star and is the brother of Mega Holdings top earner Enes Olgun.
Mega Holdings is an international Direct Selling company providing online web hosting services.
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,

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4Life Korea Celebrates Success

 
4Life Korea held a success rally to commemorate strong growth and rank advancements at the Daemyung Vivaldi Park Grand Ballroom, Hongcheon-gun, Gangwon-do, Korea. More than 1,000 attendees celebrated the advancement of 550 new distributors to higher ranks including new Platinum International Diamonds Dr. Jase and Dr. Jinsun Khyeam.
The event also included the launch of 4Life Transfer Factor Renuvo® and congratulatory messages by Vice President, International Preston Richards and Vice President, U.S. Field Development Nathan Larsen. Other corporate representatives in attendance included 4Life Korea General Manager Tony Lee and International Director Yukako Kaiser.
Distributor leaders at the event included Platinum International Diamond Bonnie Taylor and Dr. Jase Khyeam, Gold International Diamonds Son Jae Min, Grace Chun and Lee Sun Woo, Kang Ok Nye, Hong Suk Eui and his wife Ms. Kim Mi Jung, Choi Ki A, Park Mi Ae, and Agung Dwija Saputra from Indonesia.
Bonnie Taylor shared an inspirational message with the audience as she reflected on her own success story. “When 4Life products and business opportunity were first presented to me, I had my doubts. Today, I can say with certainty, however, that 4Life offers the best products, compensation plan, and executive team available in the network marketing industry. I offer

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Youngevity Reports Q3 Revenues Increased 77.3%

 
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, reported financial results for the third quarter of 2014.
2014 Third Quarter Highlights:

Net revenue increased 77.3% to $37.6 million compared to $21.2 million in the same period last year.
Gross profit increased 62.8% to $21.0 million compared to $12.9 million in the same period last year.
Operating income was $1.2 million, an increase of 32.4% over the same period last year.
Net income decreased to $185,000 compared to $516,000 in the same period last year.
Adjusted EBITDA* increased 23.5% to $2.1 million compared to $1.7 million in the same period last year.

“We are pleased with our results this quarter and we remain focused on executing on the significant long-term growth opportunities that exist for our direct selling and coffee business segments,” stated Steve Wallach, Chairman and CEO of Youngevity International. Mr. Wallach continued, “In the third quarter, we invested in capital improvements to optimize our business operations and improve the foundation of our business to support our global growth. As we begin the final quarter of this fiscal year, we remain committed to growing aggressively through acquisitions

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ForeverGreen Welcomes New President Of North American Operations

 
Jeff Graham has joined ForeverGreen Worldwide Corporation, a leading direct marketing company and provider of health-centered products, as its new President of North American Operations. Graham, an industry veteran, brings a rare abundance of industry knowledge and experience to the position.
Graham’s impressive history in the direct marketing industry began at Nu Skin Enterprises, where he played a key role in product development for nine years. After taking a break from the industry to focus on his own entrepreneurial efforts, Graham introduced acai to MonaVie in 2005, catapulting MonaVie into the spotlight as one of the fastest growing companies in the industry and the world.
During his eight-year tenure at MonaVie, Graham served as the Head of Product Development and later transitioned into the role of President of North America, where he oversaw operations for the company’s two largest markets. After a brief hiatus, Graham served as the President and CEO of Nucerity, a Houston-based direct marketing company, before joining the ForeverGreen team.
“I believe ForeverGreen is poised to rewrite direct marketing history,” Graham explained when asked why he chose to be a part of the ForeverGreen team, despite his numerous offers around the industry. He added, “I am excited to be here.

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Herbalife Director Is Being Charged In Brazilian Embezzlement Case

 
A director of U.S. nutrition company Herbalife is among 12 people charged in a years-old Brazilian embezzlement case that has never been mentioned in Herbalife public disclosures, according to court documents and company filings.
Herbalife has become one of America’s most closely-watched companies after billionaire investors William Ackman and Carl Icahn squared off with enormous bets on its future, with Ackman betting on its demise and Icahn on its success.
Prosecutors in Brazil charged current Herbalife board member Pedro Cardoso with money laundering in 2008 for allegedly participating in an embezzlement scheme a decade earlier that siphoned 26.7 million Brazilian reais ($10.4 million) from the state government in Espirito Santo.
The 8th Criminal Court of Vitoria ordered bailiffs to serve him with a subpoena in 2010, but they did not locate him and the case remains open, according to court filings and a court source.
According to the U.S. Securities and Exchange Commission’s rules on disclosure, companies must report legal proceedings that are material to evaluating the integrity of a director. Herbalife has not made the information about Cardoso’s case public, according to proxy statements it has filed since 2009 when Cardoso joined the company’s board.

Cardoso said in a statement dated this week emailed to

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Top Industry Leader Freddy Melero Joins LIMU

 
Freddy and Catherine Melero are two of the most passionate and high profile entrepreneurs in the industry.
As 17-year direct sales veterans, they’ve become prolific at turning big passion into big profit — having recently reached $2 million in earnings in their former opportunity.
They also have a true passion for people, having impacted tens of thousands of lives in markets all across the globe, or as Freddy puts it: “empowering and inspiring people to be more, do more, and have more.”
From his first introduction to network marketing, he’s been enamored with the whole industry and how you can leave people better off than you found them.
“We believe we have the best chance at success right here, right now at LIMU. High-quality products, aggressive international expansion plans, an unparalleled compensation plan and the incredible marketing buzz that’s already here, align perfectly with our energy, vision and goals.
This company has been a hidden gem for ten years — it’s the best kept secret in the industry! This is a rare moment — leaders from across the industry are taking notice and realizing what we have going on here at LIMU. That’s why I’m so excited to be joining forces with

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