The promotional attack machine used to bring Herbalife Ltd. (NYSE:HLF) to its knees is now targeting Anthony Powell, one of the nutritional supplement company’s top distributors.
The Pershing Square Capital operated website has, under the subsection “perpetrators,” a profile of Anthony Powell, an aggressive entrepreneur highly successful at closing deals to build an Herbalife distribution network of over 16,000 distributors under his domain. Powell used this aggressiveness to become one of Herbalife Ltd. (NYSE:HLF)’s top distributors, in some years earning nearly half a million per year. The problem is, on Ackman’s Herbalife attack website Powell is accused of making get rich quick promises using a pyramid scheme to build his fortune.
In 2002, NWTW, Herbalife, Powell, and other senior Herbalife Ltd. (NYSE:HLF) distributors were sued in a class action in federal district court in Los Angeles. Plaintiff alleged that Herbalife and NWTW constituted a pyramid scheme and that the defendants were committing fraud and securities fraud by making deceptive earnings projections and omitting and misrepresenting the risks inherent in the business.
Plaintiff further alleged that “Powell, along with other of the defendants, conceived, authorized the use of and operated the Lead Generation System known as ‘The Newest Way to Wealth.’”I Herbalife settled the case for $6 million in 2004.
“Dream
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Positive response for flexible working legislation
by Successful IBO • • 0 Comments
The extension of the right to request flexible working hours to all staff has been welcomed by a prominent HR trade body.
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Young Living Essential Oils – 530,000 Active Members
by Ted Nuyten • • 0 Comments
Young Living, the World Leader in Essential Oils, officially surpassed the 1,000 employee milestone this month.
The company plans to continue adding additional jobs at its global headquarters in Lehi, Utah, and 12 international offices, as well as expanding its global farms to meet growing demand for its products.
“This is a great milestone, which underscores the amazing growth we are experiencing as a company. This growth is exciting because it means more and more people are enjoying the benefits of Young Living’s unmatched products,” said Young Living’s Chief Operating Officer Travis Ogden. “More than 20 years ago, our founder Gary Young envisioned taking these products to the world, and that continues to be realized more every day.”
Young Living’s diverse employee talent—from the scientists working in the state-of-the-art research labs to the expertly skilled farmers on seven botanical farms around the world—is a vital part of Young Living’s proprietary Seed to Seal® process, which ensures that the highest quality standards are used from the seeds planted to the sealed product.
In addition to the 1,025 company jobs provided, Young Living offers more than 530,000 active members around the world the opportunity to build a Young Living business and provide an income for
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Willagirls, Network Marketing for Teens and Tweens
by Tina Williams • • 0 Comments
Known as “Willagirls,” the teens and tweens host Tupperware like get-togethers at home, school or just about anywhere eight- to 13-year-olds hang out. Invites typically are extended via text message, since “nobody uses email anymore,” Ms. Messner says. So far Willagirl, which doesn’t disclose annual sales, has recruited 42 sellers in New York, Miami, New Jersey, California, Colorado and Maryland, among other states.
For Willagirl’s young sales reps, the company offers 25% of total sales, for a potential monthly income of $320 to $3,500, according to a pamphlet sellers distribute at their parties. Party hosts also receive 15% of retail sales from the party in free products, plus one half-price item if party sales exceed $400.
“There are all these hidden costs that are tied to brick-and-mortar retailing,” says Willagirl founder and chief executive Christy Prunier, “and besides, tween girls aren’t going to malls anymore.” The company, based in Riverside, is currently building out software, which by September will allow the girls to host “virtual” parties online, she adds.
Willagirl is one of a handful of startups that in the past few years have turned to business models combining e-commerce and social media with the traditional direct-sales tactics pioneered by Tupperware, Mary Kay and
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Youngevity International Expands To Malaysia
by Tina Williams • • 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, announced today it has taken another major step in its international expansion by opening an office in Johor Bahru, Malaysia to serve the direct selling markets in Southeast Asia.
“We are very excited about being registered in Malaysia and opening an office as we intend to increase our direct selling coverage and distribution model in the fast-growing Southeast Asian markets,” said Steve Wallach, Youngevity’s Chief Executive Officer. “Youngevity has embarked on a strategic global expansion strategy to capitalize on the growing international demand for our products and business opportunity. We are committed to investing in scalable markets with long-term growth opportunities to generate higher levels of global market penetration.”
YGY International (Malaysia) had a successful soft launch in Johor Bahru, Malaysia at the 54th National Malaysian Medical Association AGM & Scientific Meeting of the Private Medical Practioners, a three day conference that was attended by over seven hundred medical practitioners from Malaysia and Singapore. In addition, YGY International was invited to present at the conference and provide further insight on how medicine could be
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How To Build A $1 Million+ MLM Business
by Ted Nuyten • • 0 Comments
At Business For Home.org we are getting this question on an almost daily basis.
And some uninformed people think they can earn without any effort…
We are not aware of any top earner in any company who have not worked his/her a… off for their awesome result
Any Ad – Banner saying “Make money, No Sponsoring, No Recruiting, No Selling, Required” is way off.
Maybe Alex Morton – one of the Direct Selling Industry young top earners hit the nail in a recent facebook post:
Alex Morton:
“Must be nice.”
“I want your lifestyle.”
“I’m so jealous.”
“You got in early.”
“You got so lucky.”
Flew 300,000+ miles in the last 12 months. Haven’t been in one city for more than a week in I can’t even remember. Had to send my mom flowers on her birthday, card to my dad on Father’s Day because I was doing meetings across the country.
I have sacrificed relationships, family time, physical, emotional, mental health for this business.
You know why?
Because every MOVEMENT needs LEADERS. Every WAR needs generals on the front lines showing the path to victory. Every REVOLUTION has to have that one nut case, obsessed, out of control, loud, aggressive individual leading the way to SUCCESS.
I’ve gone hard, I’m
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Solavei Sales Numbers Revealed
by Tina Williams • • 0 Comments
Just a few weeks after filing for Chapter 11 bankruptcy protection, Solavei CEO Ryan Wuerch said that the company is doing better than expected.
“We’re actually doing far better than we anticipated,” he told FierceWireless, estimating that only around 5 percent of the company’s customers know about its bankruptcy filing. “We’ve had very little attrition.”
T-Mobile US (NYSE:TMUS) MVNO Solavei filed for Chapter 11 bankruptcy protection earlier this month, but said it will continue to operate normally while it restructures. The company launched service in the fall of 2012, and anticipates exiting bankruptcy later this year.
Solavei’s bankruptcy filing, obtained by FierceWireless, offers a surprisingly candid view into the MVNO’s business–which is rare, considering most U.S. MVNOs don’t offer much information on their customer numbers and revenues. According to Solavei’s bankruptcy filing, the company was founded in late 2011 around the concept of “social commerce.” Specifically, Solavei pays a $5 referral commission each month for every subscriber a customer personally refers to Solavei, and this monthly commission continues for as long as the referred subscriber remains a Solavei customer.
Under Wuerch’s direction, the company has grown to 51 full-time employees and an annual revenue rate of $65 million. The company has signed up a
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ACN Receives 7 Awards
by Tina Williams • • 0 Comments
In late April, ACN, Inc. received seven prestigious Communicator Awards, which honor work that transcends innovation and craft – work that made a lasting impression.
“When we set out to do something, we always plan to do it well,” said ACN President and Co-Founder Greg Provenzano.
“But it’s not about receiving awards; it’s about representing our company well and providing the best possible tools for our Independent Business Owners.
However, being recognized on such a prestigious level seven times over is certainly rewarding – and further proof of a job well done.”
ACN was among over 6,000 entries from companies and agencies of all sizes in the 2014 competition. ACN received the Gold Communicator Award – an award of Excellence – for ACN’s Corporate Website and six Sliver Communicator Awards – an award of Distinction including:
ACN’s 20th Anniversary – Motivational Video
Your Business Assistant – Direct Marketing Video
ANC’s Corporate Site – Homepage
ACN’s QR Code Site – Microsite
ACN’s Corporate Profile – Identity Manual and Style Guide
From the Presidents Blog – Business Blog
The Communicator Awards is sanctioned and judged by the International Academy of Visual Arts, an invitation-only group consisting of top-tier professionals from acclaimed media, communications, advertising, creative and marketing firms.
About ACN Inc.
Founded in 1993,
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Organo Gold Opens New $10 Million HQ In Canada
by Ted Nuyten • • 0 Comments
Organo Gold is about to add another landmark building to the city of Richmond, British Columbia. The new $10 Million Organo Gold International Headquarters building will be just one of many memorable sites on the landscape of Richmond.
The new building will be treated to a very special Feng Shui blessing ceremony. For those of you not familiar with the Chinese art of Feng Shui, here are a few facts about how it works, and the history of this ancient practice:
Feng Shui blessing ceremonies have been used throughout history to clear the energy (known as “chi”) of any particular space or home, thus making the space more harmonious for those who live or work in the space.The term Feng Shui literally translates as “wind water” in English.Feng Shui has been practiced for over 3000 years in China, and in contemporary times has spread to the Western world.
The practice is based on the scientific principle of energy — the ancient Chinese understood that energy is a constant force in the universe, and surrounds us in everything that we interact with. Feng Shui was developed as a means to harness that energy in the best possible way to ensure only a positive outcome.
The
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Les Brown Endorses The Direct Selling Industry
by Ted Nuyten • • 0 Comments
As one of the world’s most renowned motivational speakers, Les Brown is a dynamic personality and highly-sought-after resource in business and professional circles for Fortune 500 CEOs, small business owners, non-profit and community leaders from all sectors of society looking to expand opportunity.
For three decades he has not only studied the science of achievement, he’s mastered it by interviewing hundreds of successful business leaders and collaborating with them in the boardroom translating theory into bottom-line results for his clients.
As a premier Keynote Speaker and leading authority on achievement for audiences as large as 80,000—Les Brown energizes people to meet the challenges of the world around them.
He skillfully weaves his compelling life story into the fabric of our daily lives. The thread is forever strengthened, touting why you can’t afford to be complacent and to aim high, achieve and actively make an impact on the world.
Ted Nuyten and Dini Noorlander had the honor to speak with him in Amsterdam, The Netherlands during the National Achievers Congress, and ask him his honest opinion about the Direct Seling Industry, this was Les Brown’s answer, raw and uncut