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Hot Business News Today

Top Industry Leader, Cedric Harris, Joins Jeunesse

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Jeunesse welcomes top earner, Cedrick Harris, into their global network of distributors.
Cedrick Harris is an internet marketing coach, published author, and speaker who has been in the network marketing industry for over 17 years. He is famous for being a high profile recruiter in various companies; while leading his team in one corporation, he produced over $60 million in revenue and created multiple six figure earners.
Cedrick has also achieved the top rank in a number of the companies he’s joined; in one of his previous positions, he networked over 70% of the entire company in his organization. When asked about his decision to join Jeunesse,

Cedrick said, “What initially attracted me to this company was the integrity of its owners, Wendy and Randy, but there’s a lot more to it than that.
What solidified this decision for me was that Jeunesse is not only a close-knit family company with a legacy, but that it has far-reaching international leadership in over 100 countries and a solid online presence. This move is really going to take my team to new heights and create bright futures for each and every one of them.
There’s a legitimate opportunity for growth here: the products

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Hot Business News Today

ForeverGreen Announces Q3 Results – Revenue Up 231%

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ForeverGreen Worldwide Corporation, a leading direct marketing company and provider of health-centered products, announced Q3 2014 earnings. The quarter ended September 30, 2014.
Recent Company Highlights:

New leaders, distributors and customers added at record pace during Q3 2014
Company achieved sixth consecutive quarter of operating profitability and fifth consecutive quarter of net profitability
Sales increased each quarter for the last 6 quarters
Company actively shipped product in 175 countries, up from just 18 at the end of 2012
Company added new products, BeautyStrips and Retromé, to product portfolio
Company met or exceeded monthly targets necessary to remain on target for the increased company guidance of $56-60 million of revenue during 2014

Highlights for Q3 2014:

Sales increased to $15,880,244 from $4,793,782 for Q3 2013, a 231% increase
Gross profit rose to $12,499,786 compared to $3,665,285 during Q3 2013, a 241% increase
Gross profit margins increased to 78.7% versus 76.5% during the comparable quarter during 2013
Operating income was $317,263 compared to $301,619
Net income totaled $203,343 or $0.01 EPS versus a net income of $326,929, which included a one-time gain of $226,230
Excluding non-recurring costs, net income totaled $203,343 versus $100,699 during Q3 2013
Interest expense decreased to $113,101 or 0.7% of sales compared to $195,656 or 4.1% of sales during Q3 2013
Total Long Term

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Hot Business News Today

Stream Energy To Reveal Mobile Launch Strategy

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Stream Energy, the largest direct selling energy company in the world, will announce the nationwide launch strategy for mobile services at its Super Saturday event on Saturday, November 15.

“Associates have been behind Stream Energy’s transformation from a startup to a multi- billion dollar headline success, which is why we continue to invest in people instead of advertisements. Events such as Super Saturday keep people within the Stream family united, and our leadership team is excited to announce the updated compensation plans and disclose the incredible new opportunities that are about to open up with our groundbreaking mobile services,” said Stream Energy CEO Mark “Bouncer” Schiro.

Super Saturday connects Associates across the country to share Associate and customer promotion announcements, recognize individuals and teams, and deliver helpful tactics for building a better personal business through Stream Energy.
The event will review the wireless industry, detail Stream’s upcoming mobile offerings, explain enhancements to the compensation plan that will begin in 2015, and offer tips to help Associates make the most of 2014’s last quarter.
Current Associates in select markets can switch their personal mobile service to Stream as of November 15, when Super Saturday will outline pre-launch plans for Associates to begin building their teams and networks

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Hot Business News Today

Jeunesse Announces New Product Launch: Instantly Ageless™

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Jeunesse launched their newest product on Friday, November 7, after acquiring the exclusive worldwide marketing rights to Instantly Ageless™.
After a live demo that amazed the audience and demonstrated the instant results that this new product offers, the launch was a huge success. This product is predicted to have a monumental impact on the US market; all units were completely sold out by the event’s end.
Instantly Ageless™ is a powerful anti-wrinkle microcream that works quickly and effectively to diminish the visible signs of aging. The revolutionary ingredient is argireline: a peptide that helps to revive the skin and minimize the appearance of fine lines for a flawless finish. Instantly Ageless™ works synergistically with the LUMINESCE™ line of products by not only optimizing the Jeunesse skincare brand, but by providing instant results.
About Jeunesse
Jeunesse is a leading direct selling company devoted to encouraging healthy living. Company research focuses on adult stem cell science, telomere support, DNA repair, fat loss technology, and nutrigenomics. Products are made in the USA and are exclusively formulated for Jeunesse.
With a multi-lingual customer service, back office support team, global enrollment system, and in-house programming already in place, the company is fully operational in 32 offices around the

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DSMA Honors Younique With “Growth” Award

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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’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 see how many new Presenters have joined the

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Hot Business News Today

Amway President Doug DeVos Named Chairman of the World Federation of Direct Selling Associations

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The World Federation of Direct Selling Associations (WFDSA), a global trade organization representing more than 60 national direct selling associations, today announced Amway President Doug DeVos will serve as the organization’s chairman through October 2017.
DeVos assumes the role of chairman from Alessandro Carlucci, former CEO of Natura.   

“Today, more than ever, people want more independence and the freedom to set their own goals. They want meaningful work that adds value to their lives and to their communities. This translates into tremendous opportunity for the direct selling industry,” said DeVos. “Alessandro Carlucci has demonstrated strong leadership in promoting these ideas and encouraging entrepreneurship around the world. I look forward to continuing his legacy so that even more people can look at direct selling as a way to make their life better while also helping to improve the lives of those around them.”

Previously DeVos was the organization’s treasurer and a member of the WFDSA Operating Group of the CEO Council.  He is former chairman of the U.S. Direct Selling Association and the Direct Selling Education Foundation, in addition to other leadership roles with both organizations.  DeVos has been inducted into the U.S. Direct Selling Association Hall of Fame and recognized with the Direct Selling Education Foundation’s Circle

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

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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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Hot Business News Today

4Life Korea Celebrates Success

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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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Hot Business News Today

Youngevity Reports Q3 Revenues Increased 77.3%

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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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Herbalife Director Is Being Charged In Brazilian Embezzlement Case

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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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