According to well informed sources, OneCoin distributors sign up more than 150,000 people per month.
On July 30 over 3,000 people came to the grand Hong Kong OneCoin Convention and Diamond Night, which was also attended by Global Distributor Sebastian Greenwood, top earner Juha Parhiala, Fernando Rys and a number of other top leaders, and to celebrate the opening of the Hong Kong Corporate Office.
Recently top earner Igor Alberts reported on his Facebook:
“The 5th of October last Year we started an Incredible Journey. 8 months later June 2016 we made Dreams come True. We had a monthly turnover of almost 26 milion Euro”. Former OG top distributor Edward Hartley has joined OneCoin
Due to the fact that BONOFA AG has adjusted its business activities the key distributors of the company have decided to join
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WOR(l)D Global Network Forms Joint Venture With Quality Technology Industrial
by Ted Nuyten • • 0 Comments
WOR(l)D Global Network – a Triple AAA+ Classified opportunity by Business For Home – has signed a joint venture with Quality Technology Industrial — a leading industrial group in China with over 10 years of manufacturing, quality control, and after-sales service in IT experience — to partner in researching, developing, and building mobile and wearable devices.
This collaboration bodes a major improvement to the entire line of products, with enhanced production capabilities, high stock availability, as well as new International Customer Care and R/D departments in Shenzhen, co-managed by QTI and WOR(l)D’s own R/D department.
The joint venture will also positively impact the HELO product line, with a focus on maintaining high-stock availability worldwide and also developing the next generation of devices to further integrate communication and monitoring capabilities.
This partnership between WOR(l)D and Quality
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Top Executive Speaks Out On State Of The USA Network Marketing Industry
by Ted Nuyten • • 0 Comments
Justin Serra is the General Manager of North America and serves on the global executive team for Modere.
Justin:
“While no one can debate that the USA network marketing industry is changing, the debate continues on about what the changes will bring.
Given the size of the industry only a very small fraction of companies have been directly affected by regulators, yet many companies are nervous it could be just the beginning. Based on the precedence recent actions have set, the industry, as a whole, may have serious reason to be nervous.
Given the respected and well run companies that have been recent targets of the FTC, company owners and field leaders know it’s just a game of Russian Roulette to who could be next.
This article is not to debate the politics of why the FTC
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FuXion Launches In The USA
by Ted Nuyten • • 0 Comments
Fuxion is a South American company founded in 2006 by Alvaro and Rafael Zuñiga with approx. $100 million in sales and 400,000 distributors. The company is engaged in the production of nutraceutical foods.
FuXion entrepreneurs from the U.S.A. met in Orlando, Florida to celebrate the official launch of the American market.
The event was presided over by CEO and main shareholder, Álvaro Zúñiga, the North America Regional Manager, Lina Orellana, and the U.S. Operations Manager, Michael Smith, assisted by top company leaders like Luca Melloni, Lily Rosales, Edison Ortiz, Erick Gamio and Randy Gage and all of his team.
In addition to masterful conferences, the event served as a framework to announce the Company’s manufacturing plans domestically.
FuXion steps forward in innovation as it invests in research and development in this country.
“This is what we
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USANA Q2 Revenue Up 10.8% To $258 Million
by Ted Nuyten • • 0 Comments
USANA Health Sciences, Inc (NYSE: USNA) – a Triple AAA+ classified opportunity by Business For Home – announced financial results for its fiscal second quarter ended July 2, 2016.
Second quarter net sales increased by 10.8% to a record $258.5 million, up 16.2% on a constant currency basis
Second quarter EPS increased by 7.8% to a record $2.07
Number of active Associates increased by 15.9% to 460,000
Company increases 2016 EPS Outlook
Net sales for the second quarter of 2016 increased to $258.5 million, up 10.8%, compared with $233.2 million in the prior-year period. The increase in net sales was driven by 15.9% growth in the number of active Associates and 6.6% growth in the number of Preferred Customers.
Total customer growth during the quarter reflects sustained momentum in our worldwide business. The continued strength of the
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Xango Pops Up On The FTC Radar
by Ted Nuyten • • 0 Comments
The FTC is a USA government organization, their mission:
“To prevent business practices that are anticompetitive or deceptive or unfair to consumers; to enhance informed consumer choice and public understanding of the competitive process; and to accomplish this without unduly burdening legitimate business activity.”
One of the results of the FTC battle against Vemma, is their case against Tom Alkazin, Vemma’s nr. 1 top earner.
In the latest filing from the FTC vs. Tom Alkazin, Utah based direct Selling Company Xango pops up.
Xango, founded in 2002 is a B classified company by Business For Home.
A number of Vemma top leaders joined Xango in October – November 2015 and the company introduced a initiative simular to the YPR (Young People Revolution) program of Vemma. That program was one of the triggers of the FTC case
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Dennis Nowak – LavyLites – Achieves $80,000 Per Month
by Ted Nuyten • • 0 Comments
LavyLites, the network marketing company from Hungary, founded by CEO Tibor Jakabovics, with annual sales of about $40 million is expanding to Japan, India, Russia, and the USA.
Since German network marketing professional Dennis Nowak started at Lavylites in May 2014, his distributor network has grown to 30,000+ partners, focused on the distribution of the products. Nowak and his team are generating approx. 40% of the total annual sales.
Dennis Nowak’s monthly income has grown to an estimated $75,000 to $85,000 with accumulated income amounting to more than $1million.
For the third year running, LavyLites, is growing continuously and already generates a turnover of $4 million per month, in only 5 countries.
The Russian market has been opened. In autumn India and Japan will follow and early 2017 the USA. Lavylites plans to achieve a turnover
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Top Leader John Haremza Joins Valentus
by Ted Nuyten • • 0 Comments
John Haremza – 26 year veteran with lifetime earnings of 15 million joined Valentus an AA+ classified company by Business For Home.
I had a interesting conversation with John Haremza who has been a master distributor for the past 12 years.
His first comment was gratitude for the vision and opportunity from which he was able to earn over $10 million. As John says, “I just loved the distributors and was able to lead my teams to sales in excess of $400,000,000”.
I was astounded when John told me that he had left behind a residual income averaging $42,000 a month. It certainly takes courage and belief in where you are going to take a risk like this. I asked John what led him to leave an incredible income to essentially start all over
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Social Media Is Revolutionizing The Direct Selling Industry
by Ted Nuyten • • 0 Comments
Alfredo (Al) Bala is CEO of Mannatech and has published an awesome article about the influence of social media on the Direct Selling industry.
Al Bala:
I have been in the direct selling industry for more than 35 years, and I am seeing how social media is changing our industry rapidly. When I was a young man growing up, we didn’t have the technology that my children and grandchildren are using today.
A big difference in our culture and society has changed in the last 10-15 years due to the rise of social media. And thanks to social media, it is revolutionizing the direct selling industry, which is good news for my Mannatech family.
We already know that the direct sales channel is growing and that technology is quickly replacing jobs. But now we have a tool, social
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5 Star Signals Out Of Business
by Ted Nuyten • • 0 Comments
5 Star Signals – a B classified company by Business For Home – provided Forex Education for newbies and seasoned traders, as well as Passive Forex, managed accounts, with a direct selling compansation plan.
The company was headed by co-founder and CEO Mariska van de Langenberg and Dean Black.
B Classified means “Business For Home concludes that the current information about the company is insufficient to assess the balance of benefits. Information is lacking, of poor quality, or conflicting, and the balance of benefits cannot be determined.”
Dean Black was the 5 Star Signals head analyst and Mariska van de Langenberg claims over $180,000 in commissions owed to 5 Star Signals affiliates is lost by Dean Black:
Mariska van de Langenberg:
In the past months over $180k in commissions have been generated and all of