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Hot Business News Today

Direct Selling Momentum Ranks September 2015

by Ted Nuyten • September 3, 2015 • 0 Comments

What is Momentum?
Momentum is the magic of Direct Selling – MLM – Network Marketing. The “Holy Grail”.
You need a lot of “Momentum” in your Direct Selling career. Momentum is hard to build, and easy to lose….
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Professionals are looking for momentum to join a new opportunity when they are in the market for a career switch.
Corporate executives or field leaders can create momentum. It represents that important element which transforms individuals, groups, and teams into that unstoppable force. Distributor groups are growing fast and are very successfull. It can happen when:

A new company or product(s) launches.
Successfull corporate executive or field leaders are coming in.
New countries are opening.
(International) conventions are held.

We have compiled this momentum list based on a number

Hot Business News Today

Xyngular Has Record Breaking Growth And Named One Of Utah’s Fastest Growing Companies

by Tina Williams • September 3, 2015 • 0 Comments

Xyngular has been named one of the fastest growing companies in Utah and was honored as one of this year’s Fast 50 by Utah Business magazine.
Companies for the 2015 Fast 50 were selected for a combination of revenue growth and total revenue. In addition to their impressive revenue growth, Utah Business magazine celebrated this year’s winners for their entrepreneurial spirit and innovative business tactics.
Xyngular landed 33 on this year’s Fast 50 list as they continue to have record-breaking growth and focus on providing life-changing experiences of their Members.

“So many businesses look at their customers as their number one asset but don’t treat them that way, and yet in our case we don’t exist if they don’t have successful business experiences and product experiences,” said Xyngular CEO, Russ Fletcher. “We focus every day,

Hot Business News Today

DoTerra To Host Single Largest Company Convention With 27,000 Attendees

by Tina Williams • September 2, 2015 • 0 Comments

Wellness Advocates from all over the world plan to visit Utah for doTERRA’s annual global convention next week.
On September 9, 2015, over 27,000 people from all over the world will gather in Utah to attend doTERRA’s annual convention, the largest single-company convention to date for the state of Utah.

“We are thrilled with the overwhelming response from our Wellness Advocates and look forward to a tremendous event,” states David Stirling, doTERRA CEO. “One of the most exciting elements of our convention is the opportunity to collectively reflect on the difference our attendees are making around the world and inspire each other to do even more in the coming year.
Our Wellness Advocates’ efforts to share and educate on the benefits of essential oils in the communities where they live and work are profound.

Hot Business News Today

LifeVantage Announces 2015 Revenues Of $190.3 Million

by Ramya Chandrasekaran • September 2, 2015 • 0 Comments

LifeVantage Corporation today reported financial results for its fourth quarter and full year ended June 30, 2015.
Fourth Quarter Fiscal 2015 Highlights:

Revenue was flat at $45.3 million when compared sequentially to $45.2 million for the third fiscal quarter of 2015;
Revenue in the Americas increased 2.5% and revenue in Asia/Pacific decreased 5.5% on a sequential basis;
Adjusted EBITDA decreased to $3.1 million, compared to $3.3 million in the third fiscal quarter of 2015;
Completed implementation of annual cost structure improvements of approximately $4 million.

Full Year Fiscal 2015 Highlights:

Revenue was $190.3 million compared to $214.0 million for the prior fiscal year;
Revenue in the Americas decreased 2.2% and revenue in Asia/Pacific decreased 28.2% compared to the prior fiscal year;
Adjusted EBITDA was $17.4 million compared to $24.5 million for the prior year;
Reduced long-term debt to $20.7 million at

Hot Business News Today

Arbonne Announces 2015 Holiday Collection

by Ramya Chandrasekaran • September 2, 2015 • 0 Comments

Arbonne International, LLC (Arbonne) has introduced its Holiday 2015 collection of limited-edition seasonal products for “Making Futures Bright” this festive time of year.
From botanically based lip care and hand lotion for $15 and under — to special gift sets and vibrant holiday makeup — there are gifts to fulfill every wish list. With exclusive skin care, cosmetics and scented bath and body offerings, Arbonne Holiday 2015 has formulas for family, friends and beyond.

“In celebration of Arbonne’s 35th anniversary, the ‘Making Futures Bright’ collection includes popular classics plus some amazing new products that really elevate this year’s Holiday line and reflect our ongoing commitment to introducing beneficial products for the whole family,” said Michael D’Arminio, Arbonne Sr. VP and Chief Creative Officer. “This holiday, Arbonne is all about formulas that help you look gorgeous

Hot Business News Today

Morinda Truage Operation System Boosting Sales

by Ted Nuyten • September 2, 2015 • 0 Comments

With the recent introduction of their TruAge Operating System, Morinda’s Independent Product Consultants-or IPCs-are finding that it’s never been easier to turn a little preparation into a lot of success.
The simple and effective TruAge Operating System was built around the scientifically groundbreaking TruAge Scanner and has quickly become the premier business building tool in the industry.
The concept of the TruAge Core Operating System was introduced at Morinda’s North American Business Summit, held in Snowbird, Utah, in July of this year. Strategically, the system was developed to find new people, make more sales and more effectively manage leads.
“Just like the operating system on a computer brings the computer to life, the TruAge Operating System brings your [Morinda] business to life,” said Jeff Johnson, Managing Director of Marketing.
The Operating System involves a revolutionary

Hot Business News Today

Adam Green And Derrick Winkel Hit $5 Million In Lifetime Earnings

by Ted Nuyten • September 2, 2015 • 0 Comments

The nearly decade long, steady-journey of two notable networkers demonstrates three things about the Direct Selling / MLM Industry: If you (1) Stay where you planted yourself (i.e. being committed to company, products and team),
(2) Be consistent with the little things and you (3) Work hard it will pay dividends. The dynamic-duo of Derrick Winkel and Adam Paul Green (Winners Circle International) achieved three lofty goals in 2015: Surpassing $100,000,000 in sales, pushing past the 125,000 team member point and hitting the notable $5,000,000 income mark.
About Derrick Winkel:
Some may find it hard to believe that Derrick Winkel’s successful career in Network Marking began as a bellman in a 5 star hotel in downtown Salt Lake City, Utah (1985). As a bellman, he was able to meet many successful, international business people.

Hot Business News Today

Youlab Global Attracts Industry Leader, Chris Oliver

by Nicole Dunkley • September 1, 2015 • 0 Comments

Ageless Living social commerce company, Youlab Global, has announced that direct selling market veteran, Chris Oliver, has joined its company as an Independent Executive.
“Having built an admirable career in social commerce for nearly three decades, we are thrilled to be welcoming Chris to our team,” said John de Vries, Founder and CEO of Youlab Global. “We are confident that he will play a pivotal role in our continued success.”
With a strong work ethic guiding him, Oliver became one of the youngest Senior Vice Presidents at a financial services company by the age of 23. He was then exposed to a new company leading the deregulation of the telecommunication industries. During his 11-year tenure at the company, Oliver hit the top level of RVP as an individual in 10 months, the fastest in

Hot Business News Today

$6.7 Million Dollars Spent And 8,000 Attendees Expected At Ambit Energy Conference

by Tina Williams • August 31, 2015 • 0 Comments

Ambit Energy is lighting up more than Dallas’ bulbs. Its annual convention, being held Sept. 2 to Sept. 5, is brightening up the city’s coffers.
According to the Dallas Convention and Visitors Bureau, Ambit’s ninth annual AMBITION conference have a $6.7 million impact to the local economy as the direct-selling energy company brings consultants from 14 states to Texas for the event.
DCVB said the number came from criteria including anticipated spending by conference participants, meeting planners and exhibitors; local, state and federal taxes generated by the event; and total hotel room nights sold for the event.
DCVB broke down its $6.7 million figure for the Dallas Business Journal. Roughly 8,000 attendees are expected to attend the conference. Between them, they are expected to rack up around $3.79 million in direct spending and $2.96 million in indirect and

Hot Business News Today

The Carlyle Group To Acquire Blyth In $98 Million Deal

by Tina Williams • August 31, 2015 • 0 Comments

The Carlyle Group (NASDAQ: CG) and Blyth, Inc. (NYSE: BTH), a direct-to-consumer manufacturer and seller of candles and home fragrance products, today announced they have entered into a definitive agreement under which The Carlyle Group will acquire all of Blyth’s outstanding shares of common stock in a transaction valuing Blyth at $98 million, equating to $6.00 per share, which represents a premium of approximately 105 percent over the closing price of Blyth common stock on Friday, August 28, 2015 and a premium of 65 percent over Blyth’s 30-day average share price as of such date.
The transaction has been unanimously approved by Blyth’s board of directors and will be completed by means of a tender offer followed by a merger.
Under the terms of the definitive agreement, an affiliate of The Carlyle Group will commence

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