I have seen the last 10 year a lot of mergers and acquisitions. Some because the company was almost bankrupt, some because it was a smart choice.
Industry icon Richard Bliss Brooke took the royal way to sell his MLM company – Life Matters to Young Living Essential Oils and I take my hat off (Chapeau) the way he did it:
Richard commented as follow on the acquirement:
“How and why we made this move”:
Life Matters although profitable and growing was not growing fast enough. Our sales leaders were not achieving the success they deserved. It would have been a long haul to a Billion and although we were all up to the task we randomly discovered something that led to this Pivot.
Young Living Leaders have always been our number one clients in our generic coaching business….Bliss Business.
YL leaders grew more out of our coaching, built bigger businesses faster, sold more books, came to more retreats etc. We started looking at why that was. What was so growth oriented about YL. What we found in a word was Retention. Their retention rate…the percentage of members that stayed on auto ship long term was off the charts. I had never seen numbers like that
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Hot Business News Today
Young Living Essential Oils Acquires Life Matters
by Ted Nuyten • • 0 Comments
Young Living Essential Oils, the world leader in essential oils, today announced that it has made a non-cash acquisition of Life Matters.
A respected wellness company in the direct selling industry owned by Richard Bliss Brooke and Kimmy Brooke that has inspired people to share vitality, happiness, and longevity.
“Richard and Kimmy are legendary direct selling veterans,” said Jared Turner, Young Living Chief Operating Officer.
“We share common cultures, goals, and missions. We are pleased to welcome them to the Young Living team.”
In a similar way to Young Living, Life Matters has always inspired its members to discover vitality, happiness, longevity, and the power to live life to the fullest.
“Kimmy and I considered many options in the direct selling industry before choosing Young Living, and we’ve never been more excited about the next step in our vision to enhance the lives of others,” said Richard Bliss Brooke, CVO and co-owner of Life Matters.
“We are honored to join such a respected company as Young Living, and we believe in its mission to share wellness, purpose, and abundance with people all over the world.”
Young Living Essential Oils is the pioneer of pure, modern-day essential oils and distillation and continues to be a key influencer and
Hot Business News Today
Life Matters Appoints Tommy Wyatt As VP Of Leadership Development
by Ted Nuyten • • 0 Comments
Life Matters has just named network marketing veteran Tommy Wyatt as their Vice President of Leadership Development.
Tommy is an award-winning industry leader with over 18 years of experience.
He will be out in the field supporting the building efforts of all Life Matters teams in North America.
Life Matters Owner and Chief Visionary Officer Richard Bliss Brooke said:
“I have known and been inspired by Tommy for over 5 years. His values and what he can contribute are in line with what we’re building at Life Matters. His heart to serve others is huge. I am grateful and so very excited to have him on our team.”
An example of “walking the talk,” Tommy has built organizations in the tens of thousands in nine countries. Tommy is also the co-author of a #1 bestselling
Hot Business News Today
Life Matters Names Matt Morrow As Vice President Of Sales
by Ted Nuyten • • 0 Comments
Life Matters recently announced Matt Morrow as their Vice President of Sales. Matt has 29 years of experience in the profession and is a Top Network Marketing leader, making him a “One in a Million” kind of sales leader. Matt is loved and respected by the thousands of people whose lives he has touched.
His profound sense of humor and deep wisdom about human nature and the Network Marketing profession are gifts that make him a perfect fit to join the corporate team at Life Matters. As the VP of Sales, Matt will be inspiring and supporting all the teams in North America.
Richard Bliss Brooke, Owner and Chief Visionary Officer stated:
I have known and been inspired by Matt Morrow for over 20 years. He is one of the very few who not only