Randy Gage, the face for years of network marketing company Agel, has resigned as a number of board advisors such as Ann and David Feinstein. It seems a dispute about a delay in payout – bonus has caused this.
Agel was required for $1.7 million in October 2013 and paid for in 172,000 CVSL shares, today worth approx. $200,000…..
CVSL is a holding company of direct sales companies. CVSL was founded by its chairman, John Rochon, a micro-enterprise pioneer. John Rochon, Jr. is the CVSL Vice Chairman and Chairman of the Investment Committee.
Randy Gage, was president of the Florida Speakers Association from 1996 to 1997 and was awarded their Award of Excellence (2003), Member of the Year (1996), and Lifetime Achievement Award (1999).In 2013, Gage was inducted into the Speakers Hall of Fame by
Tag Archive for Direct Selling Secrets
Hot Business News Today
Legit Direct Selling Companies, Ponzi’s, Pyramids And Our Opinion
by Ted Nuyten • • 0 Comments
We at Business For Home get almost daily the question “Is company XYZ legit or a Ponzi – Pyramid scheme?”
Hard to answer as it takes in-depth knowledge of a compensation plan, the owners, product/service and the country a company is registered. and there are over 10,000 Direct Selling companies worldwide….
What is not compliant in the USA, can be no problem in other countries.
Bill Ackman thinks Herbalife is a Pyramid, we do not think so. The FTC thinks Vemma is a pyramid, we do not think so. However our opinion is not important, YOU have to do your own research.
The USA is not longer the Direct Selling Center of the universe, Asia is, and rules are there less strict.
Intentionally or unintentionally the border can be crossed and even compensation plan experts
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Ken Dunn Dives Back Into Network Marketing With Sozo Global
by Ted Nuyten • • 0 Comments
Ken Dunn could be one of the most uniquely talented network marketers in the world.
In 15 years, he earned millions of dollars in 3 different direct selling companies that he was an independent distributor with, co-founded a direct sales company that rocketed to 20 million in sales in the first 2 years, and consulted for 8 different direct selling companies in areas including compensation plan enhancement, field development, international expansion, and business management.
Today, Business for Home breaks the story that Ken Dunn is about to dive deep back into the field with SOZO Global. We were able to catch up with Ken at SOZO Global’s headquarters in Austin, Texas, where he gave Business For Home these comments:
“I have spent the past 2 1/2 years focusing on Next Century Publishing &
Hot Business News Today
Chinese Immigrants Rita Keikei And C.Y. Succesfull With Ambit Energy
by Ted Nuyten • • 0 Comments
Rita Keikei and C.Y are immigrants from Hong Kong. When they were in Hong Kong, C.Y. owned an advertising production company and Rita owned an import/export trading company.
About eighty percent of the pop concert stages in Hong Kong were produced by CY’s company and almost all the big events’ production in Hong Kong such as International Fashion show, Miss Asia Pacific Quest, Hong Kong New Year Parade, the handover ceremony of Hong Kong returning to China etc. were operated by his company. They had a good life.
After Hong Kong returned to China in 1997, many people immigrated to other countries. They, too, came to the United States. This is what they had to say about their Network Marketing journey:
Rita and C.Y:
We decided to go back to college, get a degree then find
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WOR(l)D Global Network Improves Compensation Plan
by Ted Nuyten • • 0 Comments
During the last few months, several important events in the Direct Selling industry have given rise to important considerations about the nature of the Industry’s functioning up until now.
It is complacent to think that the rules of Network Marketing are fixed, invariable, and untouchable, simply because attempting their modification causes pushback.
WOR(l)D Global Network is not the first to offer the industry something entirely different, but the company thinks “outside the box”.
According to the company:
“4WayPlan will be the first ever pay plan that doesn’t require a minimum sales amount to be eligible for a commission.
Additionally, 4WayPlan will not “autoship”. WOR(l)D strongly believes in the market and consumers’ genuine demand for its products and services. We operate in the fastest growing industries, and deal with such in-demand, ubiquitous products and services as Mobile Technology, Mobile communication, and
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Igor Alberts And Andrea Cimbala – OneCoin Hit $95,000 Per Month
by Ted Nuyten • • 0 Comments
Igor Alberts – born in the Netherlands and his partner Andrea Cimbala have joined OneCoin and the One Dream Team one month ago, and announced Euro 89.000 ($95,000) in monthly income. They are part of the Steinkeller Brothers team.
A remarkable achievement by their fast growing team.
Igor Alberts stated:
‘It was one month ago that we realized the full potential of One Coin, I looked at Andrea sitting in the audience at the amazing Macau event.
We both knew: This is the moment… From that moment One Coin had all our focus, attention and devotion. We are very proud of this result, but know it’s only the beginning!’
Igor and Andrea have thanked the One Dream Team for all their help and support. They’re excellent team effort had paid off! Some other top earners
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Jeunesse Kids Raises Over $500,000 In Support Of Free The Children
by Ted Nuyten • • 0 Comments
More than $500,000 USD was raised for Jeunesse Kids™ at Jeunesse EXPO Unite in Singapore, September 11–13, 2015.
In addition to thousands of Distributor contributions, significant donations were made by approximately 70 top Jeunesse Diamond Directors, each of who received a special handmade Rafiki bracelet on stage at the event.
Over the past two years, all three of Jeunesse’s Triple Diamond Directors have donated back their entire Diamond bonus check to the cause.
Special guest, Co-Founder of Free The Children Craig Kielburger, provided inspiration and project updates to attendees of EXPO Unite. In addition, two Mamas from the Jeunesse Kids village in Kenya gave an onsite demonstration of Rafiki bracelet making and shared their appreciation for how the contributions are making such a positive impact on the village.
Through its partnership with the international
Hot Business News Today
The Miracle Morning For Network Marketers Released
by Ted Nuyten • • 0 Comments
In 2012, world-class business coach and top-rated keynote speaker, Hal Elrod, wrote The Miracle Morning: The Not-So-Obvious Secret Guaranteed to Transform Your Life (Before 8AM).
As a result of the life-changing results that readers have had by applying the simple teachings of The Miracle Morning, the book quickly became the top-selling book of all time in its category on Amazon
Now, Hal Elrod has teamed up with Pat Petrini, a top-producing network marketing professional, for the long-awaited release of The Miracle Morning for Network Marketers.
“Hal Elrod is a genius and his book The Miracle Morning has been magical in my life. If you want to maximize every day of your life, read The Miracle Morning.”
—Robert Kiyosaki, New York Times Bestselling Author of Rich Dad, Poor Dad
Tried all the networking marketing tricks without results?
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USANA – Q3 Sales Increased 21.5% To $233.3 Million
by Ted Nuyten • • 0 Comments
USANA Health Sciences, Inc. (NYSE: USNA) today announced record financial results for its fiscal third quarter ended October 3, 2015.
Financial Performance
For the third quarter of 2015, net sales increased to $233.3 million, up 21.5% compared with $191.9 million in the prior-year period. The increase in net sales was driven by 39.2% growth in the number of active Associates and 15.6% growth in the number of Preferred Customers. Fluctuations in currency exchange rates negatively impacted net sales by $18.3 million year-over-year and $7.3 million on a sequential quarter basis. Third quarter net sales increased 31.1% year-over-year on a constant currency basis.
Net earnings for the third quarter increased by 31.3% to $25.6 million, compared with $19.5 million during the prior-year period. The increase in net earnings was driven by higher net sales, improved gross
Hot Business News Today
Herbalife – Q3 Sales Up 5% To $1.1 Billion
by Ted Nuyten • • 0 Comments
Herbalife Ltd. (NYSE: HLF) reported third quarter net sales of $1.1 billion. Local currency net sales grew by 5%, while reported net sales declined 12% primarily due to the continuing unfavorable impact of currency exchange rates.
Adjusted1 earnings for the quarter were $1.28 per diluted share compared to $1.45 per diluted share for the same period in 2014. On a reported basis, third quarter net income was $93.6 million, or $1.09 per diluted share, compared to $11.2 million, or $0.13 per diluted share for the same period in 2014. Third quarter 2015 diluted EPS was negatively impacted by a $0.422 currency fluctuation.
For the quarter ended September 30, 2015, the company generated $134.5 million in net operating cash flow, and invested $17.1 million in capital expenditures.
For the full year 2015, the company is