Tag Archive for Eric Worre

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Herbalife Q3 Sales Down 3.2% To $1.2 Billion

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Herbalife Ltd. (NYSE: HLF) today reported financial results for the third quarter ended September 30, 2024:

“Our financial foundation is strong. Third quarter net sales were in line with our expectations, adjusted EBITDA1 exceeded guidance and distributor recruiting is up worldwide year-over-year. Our new business initiatives are taking root as we continue on our path to sustainable top-line growth.”

– Michael Johnson, Chairman and CEO
Highlights
Third Quarter 2024

Net sales of $1.2 billion, down 3.2% vs. Q3 ’23 including 290 basis points of FX headwinds
Net sales nearly flat year-over-year on constant currency basis2
Net income of $47.4 million; adjusted net income1 of $58.0 million
Adjusted EBITDA1 of $166.5 million exceeds guidance; adjusted EBITDA1 margin up 70 basis points year-over-year
Recognized pre-tax gain on sale of property of approximately $4 million; excluded from adjusted results
Diluted EPS of $0.46; adjusted diluted EPS1 of $0.57
Net cash provided by operating activities of $99.5 million; capital expenditures of approximately $27 million
Credit Agreement EBITDA1 $197.2 million; total leverage ratio reduced to 3.3x at September 30

Management Commentary
In August, the Company launched its all-new Diamond Development Mastermind Program in the U.S., an ongoing training and accountability program led by President Stephan Gratziani and supported by network marketing industry leader and coach, Eric Worre.
Approximately 800

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Equity Research Company Praises “The Eric Worre Factor” For Herbalife

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Analysts from D.A. Davidson an Equity Research Company published a long in depth report and we are publishing the highlights:

We (the analysts) attended the North American convention of Herbalife on July 20th. MLM training guru Eric Worre gave two talks — it was the best and most practical information we have seen at an MLM convention.

Worre has a consultancy agreement with Herbalife (HLF), his first-ever at the corporate level, and his compensation is based partly on getting HLF to double-digit growth. HLF announced Success Builder, a comp system tweak to drive reps to the 42% payout level.
The Eric Worre factor seems like a game-changer for the company. Training guru for the
MLM industry, Eric Worre, spent nearly 2 hours total giving 2 separate talks: “Why Herbalife?” and “7 Skill Sets.”
Several individual senior level distributor leaders had hired him personally as a training coach, so the corporate leadership decided to engage him to give access to the HLF distributors worldwide. He said he had never agreed to a corporate-wide relationship, but what convinced him with HLF was the high degree of alignment among the corporate senior management, shareholders, and distributors in the field.
Worre sincerely believes being a W-2 employee is the

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MONAT Global Announces The Growth Alliance With Eric Worre

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Healthy-aging haircare, skincare, and wellness innovator MONAT Global Corp (MONAT) announced a new strategic agreement with network marketing thought leader Eric Worre. Throughout 2024 Eric will provide MONAT Market Partners with expert coaching to support them in continually growing their businesses.
During his career in direct sales, Worre built multimillion-dollar sales organizations totaling more than half a million distributors across 60 countries. Today, he is world-recognized as a network marketing thought leader who has trained millions of top earners around the globe. Worre is the author of the bestselling book Go Pro: 7 Steps to Becoming a Network Marketing Professional.

“We’re locking arms with Eric to help fulfill MONAT’s five-year plan to become a billion-dollar brand,”

said Ray Urdaneta, CEO and Co-Founder of MONAT.

“As we launch the Growth Alliance to support this plan, Eric is teaming with us to provide world-renowned coaching for our Market Partners, focusing on mindset, knowledge, and actions.”

Worre first partnered with MONAT as the keynote speaker during MONATions United in 2017.

“We are committed to building MONAT leaders who never stop growing,”

said Worre, founder, Go Pro Academy.

“I’ve had a firsthand view of MONAT’s phenomenal ten-year expansion to become a global industry leader. I look forward to supporting the company’s

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Herbalife Underscores Commitment To Distributor Success With New Eric Worre Training Alliance

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Herbalife, a premier health and wellness company, announced an unprecedented multi-year alliance with Eric Worre, the most influential multi-level marketing coach and trainer in the profession.
Eric will work together closely with the Herbalife leadership team to design and deliver tailored, best-in-class training for all levels of the organization. Stephan Graziani, Herbalife’s President, emphasized this alliance with Worre underscores Herbalife’s commitment to providing unparalleled support to its distributors.

“We recognized the value Eric can deliver to our distributors and the impact this could have for their business,”

Gratziani said.
Eric is a former direct sales business builder with more than 25 years’ field experience, building sales organizations totaling more than 500,000 distributors in more than 60 countries. For over 15 years, he has used his expertise to train and motivate millions of multi-level marketing entrepreneurs across hundreds of companies in diverse markets and industries.
Eric made his debut with Herbalife at its Summit in Lisbon, Portugal where he delivered a keynote and conducted a special training for more than 6,000 Herbalife distributors from around the world.
Eric Worre and Stephan Graziani, Herbalife’s President
About Herbalife Ltd.
Herbalife (NYSE: HLF) is a premier health and wellness company and community that has been changing people’s lives with great nutrition

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Herbalife Upgraded To Double AA+ Opportunity – The “Worre” Effect

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Herbalife, a network marketing giant, illustrated impressive resilience and performance with its 2023 revenue report of $5,1 Billion. Witnessing a commendable advancement, it managed to disburse 28% of this revenue as commission, although this falls slightly short of the 35% industry standard.
In the past 5 years Herbalife shares declined from $54 to $8.50. Revenue declined $700 million in the past 3 years. Herbalife has been grappling with challenges, led predominantly by poor brand momentum. To counteract this, the network marketing company has brought in top distributor, Stephan Gratziani as their Chief Strategy Officer.
This article is written by Team Business For Home and is fact checked by Ted Nuyten – CEO of Business For Home.
Allthough $5.1 Billion is massive, decline in revenue for a Network Marketing Company is hard, however Herbalife found a magic bullet.
This week Herbalife signed a multi year coaching agreement with Network Marketing Legend Eric Worre.

Worre has taught millions of people all over the globe the tools to become top Network Marketing Professionals through his courses and live events. For over a decade, Network Marketing Pro, Eric Worre’s company has been raising the standard of the Network Marketing profession.
Through coaching programs, life changing events & high-level mentoring, millions of lives around the

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Steve And Gina Merritt Tell All on Eric Worre’s Excellence Project Podcast

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The word is getting out Fast that Steve and Gina Merritt, are raising the bar in the Network Marketing Industry with their New Venture! Eric Worre, the Godfather of Network Marketing heard about the Merritt’s recent success and wanted to be first to interview these legends in our industry.
The podcast just launched and explains everything you want to know about this power couple achieving the Highest Rank in just 23 days and going from 130 to 71,000 team members in such a short amount of time.   
Steve, a World Champion and former Pro Athlete, and Gina a former flight attendant explain how they started their Network Marketing career living busy lives and raising four kids. Their simple yet unstoppable approach has proven to produce miraculous results not only with them but the 177 friends they have helped become millionaires in their organization. The Merritt’s only know one speed to build a successful Network Marketing business and that is full throttle and wide open!
“2024 is expected to be a record year in Network Marketing. Some companies will shine bright, and others will not. You must be deliberate with your decision in regard to what company you chose to build.
Decide

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Eric Worre To Host Groundbreaking CEO Summit

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On Wednesday, November 29, 2023, Eric Worre will host a pivotal CEO Summit at the state-of-the-art Worre Studios in Las Vegas, Nevada. This exclusive event will welcome members from the executive teams of more than 70 leading companies within the Network Marketing profession, representing a combined annual income exceeding $40 billion.
The summit is set to be a landmark gathering in the profession, featuring in-depth discussions and strategic sessions led by none other than Eric Worre, best-selling author of Go Pro – 7 Steps to Becoming a Network Marketing Professional and renowned Network Marketing trainer and mentor. Attendees will receive insights on global Network Marketing trends, innovative product developments, and global business best practices. A key focus will be on innovation and the sharing of successful strategies from the field.
In anticipation of the summit, Worre expressed his views on the current landscape and future of Network Marketing,

“Now is one of the most interesting times in Network Marketing history. The next two years are going present incredible opportunities for companies and leaders who are properly prepared … but be potentially disastrous for those that are not. Now is the time for all of us to come together to share what’s working and

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The 10 Deadly Sins Of Network Marketing

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Eric Worre is an entrepreneur, author, and speaker known for his expertise in network marketing.
He has built a successful career in the industry and is recognized as a leader and mentor to network marketers worldwide. Worre is the founder of Network Marketing Pro, a resource platform that provides training and education for individuals in the network marketing industry.
He has authored several books, including “Go Pro: 7 Steps to Becoming a Network Marketing Professional,” which has become a popular resource for network marketers.
Worre stated about the:
“The 10 Deadly Sins Of Network Marketing”
1.Over inflating your income, product or opportunity.
In other words, lying. There are no secrets in Network Marketing. You’ll be branded a liar.
2. Being a bully
There’s a difference between being strong and being rude. This comes from insecurity and it will destroy your influence over time.
3. Talking negatively
Some people get their significance from being the bearer of bad news. This will put you in the “difficult” category in the company leaders’ eyes.
4. Inconsistency
This is the thief of your success. People will lose faith in you. Make sure to create a baseline of activity every day.
5. Spending more than you make
This has the potential to put you in a desperate situation and

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Eric Worre Responds To Critics

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Eric Worre is an entrepreneur, author, and speaker known for his expertise in network marketing.
He has built a successful career in the industry and is recognized as a leader and mentor to network marketers worldwide. Worre is the founder of Network Marketing Pro, a resource platform that provides training and education for individuals in the network marketing industry. He has authored several books, including “Go Pro: 7 Steps to Becoming a Network Marketing Professional,” which has become a popular resource for network marketers.
Worre says:
“There has been a lot of chatter in the network marketing space in the last year or so.
It is certainly true that the profession is going through radical changes and as professionals we all need to Pivot when necessary and to that point I’d like to give you an overview of how I see my role in the network marketing community.

And my thoughts for how I’m going to be approaching things moving forward in my 14 years with network marketing Pro I provided training and or consulting services for companies or their top leaders in the following companies alphabetically and bear with me it’s not a short list:”

Amare Global
Ambit Energy
ASEA
Beachbody
BHIP Global
Body Pro
By Design
Chalk culture
Chogan
Doterra
Eqology
Enagic
Gano Excel
Go Global
GS Partners
Healy

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GO Global Ultimate Webinar With Eric And Marina Worre Attended By 10,000

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GO Global recently hosted a live online masterclass with over 10,000 people in attendance that featured network marketing professionals Eric Worre and Marina Worre. With over two decades of experience in the industry, the dynamic duo shared valuable insights and strategies to help individuals become more successful at closing sales calls.
The webinar covered various tips and techniques that can help individuals “close like a pro” and develop a simple and strategic approach to generating sales.
“I believe that attending the webinar with Eric and Marina Worre is essential for anyone who wants to take their business to the next level.
Their strategies and techniques have helped countless individuals achieve their financial and personal goals, and I have no doubt that those who attended the webinar will greatly benefit from their expertise.”
said CEO Nader Poordeljoo.
Some of the points covered included the importance and examples of asking the right questions, understanding and rating a prospect’s level of interest and being able to have a clear understanding of their overall goals. In addition, each topic included specific examples and strategies to help everyone, ‘close like a pro.’
Eric and Marina Worre
“We are so excited to introduce our GO Learn educational platform and believe it

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