USANA Health Sciences, Inc. (NYSE: USNA) today announced financial results for its fiscal third quarter ended September 27, 2014. The Company also provided updated net sales and earnings guidance for 2014.
Financial Performance:
For the third quarter of 2014, net sales increased by 10.5% to $191.9 million, compared with $173.7 million in the prior-year period. The increase in net sales was driven by overall Associate growth of 18.8%, which was generated by the Companys Asia Pacific region.
Net earnings for the third quarter increased by 16.4% to $19.5 million, compared with $16.8 million during the prior-year period. This increase was driven by higher net sales and lower relative Associate Incentives expense. On a relative basis, Associate Incentives expense declined due to a $4.5 million one-time payout resulting from the pricing and compensation plan initiatives implemented by the Company in the third quarter of 2013. Earnings per share for the quarter increased by 26.7% to $1.47, compared with $1.16 in the third quarter of the prior year.
This increase in earnings per share was attributable to higher net earnings and a lower number of diluted shares outstanding due to the Companys share repurchases during 2014. Weighted average diluted shares outstanding were 13.3 million as
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Richard and Susan Anzalone – G1E Hit $2.3 Million In 12 Months
by Ted Nuyten • • 0 Comments
It all starts at the top.
That’s the belief of Richard and Susan Anzalone, top earners in Global 1 Entertainment (G1E), an online entertainment company offering social games, fantasy sports, social media platform, and luxury travel.
Richard and Susan’s Global 1 Entertainment team is over 18,000 members, with at least 5 millionaires created on that team, 6 members over $500,000 and more than 50 team members over $100,000, all in one year. Personally, Richard and Susan have earned about $2.3 million in 1 year, along with their partners Faraday Hosseinipour and Dave Manning.
And they should know, they have been the top earners in 2 other companies.
The Anzalone’s have over three decades combined in network marketing and home based businesses as both successful distributors and owners. They each have vast experience in marketing, training and development of organizations globally.
“The success of a company starts with the people who are the founders and the team leadership,” Richard Anzalone says. “That’s the heart and soul of the company.”
Susan adds, “For us, it’s all about supporting our teams and doing whatever it takes to help them achieve their goals and dreams.”
The Anzalone’s know from decades of experience that it’s the people who make a network marketing company great.
“Our
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Kirby Cochran – CEO Wake Up Now Steps Down
by Ted Nuyten • • 0 Comments
Wake Up Now (WORC:US) CEO Kirby Cochran has stepped down and COO Phil Polich is named as the new CEO. In below video, master distributor Brandon Boyd is doing the announcement.
Earlier reports shows Wake Up Now founded in 2009 has bu,rned $7.8 million in 2 year, is not profitable and lacks retail sales.
If this is the reason Kirby Cochran steps down is unknown.
According to the Wake Up Now website:
Kirby Cochran, Chief Executive Officer:
had been a career venture capitalist with a long track record of helping lead companies to achieve explosive growth. A professor in the Finance department at the University of Utah, he shared a passion for the mission of helping people improve their financial lives and for building a technology platform capable of delivering outstanding value to consumers.
Kirby drives WakeUpNow’s vision for helping people live life better. His inspirational vision created an opportunity structure unique in the industry and poised to change the world.
Phil Polich New CEO Wake Up Now
//www.youtube.com/watch?v=yU2sRrngTnk
Phil Polich, Chief Operating Officer:
started his career as a CPA with Ernst & Young, then transitioned to real estate eventually owning and directing one of the largest homebuilders in the Phoenix area, coincidentally one of the hottest
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Jeff and Michelle Altgilbers – 4Life Top Earner Interview
by Ted Nuyten • • 0 Comments
Jeff and Michelle Altgilbers from Knoxville, Tennessee, USA are one of the top earners in 4Life and high up in the Business For Home Top 200 ranks at est. $200,000 per month.
His business produces $17 Million a Month.
Jeff started that with only $200 dollars in 18 months and went from broke to moving into a dream house.
He has earned over $12 Million in life time earnings and get paid out of 53 countries.
Ted Nuyten had the honor to interview Jeff and Michelle Altgilbers.
Jeff and Michelle, how did you got involved into the Network Marketing business? Who invited you?
I got involved back in 1978 with Forever Living Products by a friend. I did not know anything about MLM and keep in mind at that time it was pre-internet almost pre-anything other than the phone and post office.
What was your opinion about MLM before you got involved?
I did not have an opinion since neither I nor my first sponsor understood the business model. I understood you needed to sell the product and get customers. The concept of having a a distribution network was unknown to me then.
What is the secret to your success?
I have always believed the secret to success
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Paul Burks – ZeekRewards President Charged For Operating $850 Million Ponzi Scheme
by Ted Nuyten • • 0 Comments
The president and founder of ZeekRewards, Paul Burks, has been indicted on federal charges for operating an Internet Ponzi scheme that took in more than $850 million dollars, announced Anne M. Tompkins, U.S. Attorney for the Western District of North Carolina, USA
The criminal indictment was returned on 24 October 2014 by a federal grand jury sitting in Charlotte, charging Burks, 67, of Lexington, N.C., with wire and mail fraud conspiracy, wire and mail fraud, and tax fraud conspiracy.
Russell F. Nelson, Special Agent in Charge of the United States Secret Service, Charlotte Field Division and Thomas J. Holloman III, Special Agent in Charge of the Internal Revenue Service, Criminal Investigation Division (IRS-CI) join U.S. Attorney Tompkins in making today’s announcement.
According to allegations contained in the indictment, from January 2010 through August 2012, Paul Burks was the owner of Rex Venture Group, LLC (RVG), through which he owned and operated Zeekler, a sham Internet-based penny auction company, and its purported advertising division, ZeekRewards (collectively “Zeek”).
The indictment alleges that Burks and his conspirators induced victims – including over 1,500 victims in the Charlotte area – to invest in their fraudulent scheme, by falsely representing that Zeekler was generating massive retail profits from
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Shane Morand – Organo Gold Global Master Distributor Speaks Out
by Ted Nuyten • • 0 Comments
Shane Morand understands goal achieving and success, he has been an enthusiastic student of Napoleon Hill’s principles since he was 19 years old.
He became the Vice President of Sales and Marketing for a major printing firm in Ottawa, Canada at the age of 25 and assisted with and helped streamline the launching of the world’s first North American television network dedicated to success.
Shane has worked directly with some of the industry’s most high-profile speakers and trainers including Anthony Robbins, ZigZiglar, Jim Rhon, Les Brown, Dr. Mark Victor Hansen.
In 2008 Shane teamed up with visionary Bernardo Chua and Co-Founded OrGano Gold International and has since become one of the fastest growing companies in the world.
In an interview held when Shane was traveling from Toronto to Moskow, Russia he told:
My Definition Of Success:
My success today 2014 means my freedom. I am free to do what I want when I want without asking for permission. My success today involves being able to travel freely and give my time and energy to worthwhile projects. But with success comes much greater responsibility to lead a life of significance. In the beginning my success only evolved around how much money I made. Today
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Top 250 Life Time Earners In MLM
by Ted Nuyten • • 0 Comments
The Top 250 Life Time Earners in MLM or Network Marketing.
What can you make in Direct Selling in total over the years?
Business For Home is publishing THE ESTIMATED LIFE TIME EARNINGS for the Top Earners in Multi Level Marketing, Net Work Marketing and Direct Selling.
Impressive numbers! This shows the world Direct Selling is a very interesting business opportunity. Stable and lifestyle changing!
The longer a Top Earner stays with a company, the higher the earnings…. The residual guys and girls, True financial freedom, enough time and money to play golf…
The numbers are “Totals” so if a Top Earner made $2 million in Company A and move to Company B and made there $3 milllion he/she is ranked for $5 million.
Below list is “UNDER CONSTRUCTION” and incomplete and always will be incomplete, as the dynamics in the industry are gigantic:)
Any corrections? Did we miss you?
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RankNamePresent CompanyEst. Life EarningsWebsite
1Dexter & Birdie YagerAmway$295,000,000www.dexandbirdieyager.com
2Jim & Nancy DornanAmway$125,000,000www.n21corp.com
3Bill BrittAmway$115,000,000www.bww.com
4Max SchwarzAmway$90,000,000www.schwarz-organisation.eu
5Tim FoleyAmway$78,000,000www.amway.com
6Barry Chi & Holly ChenAmway$70,000,000www.amway.com
7Jeff RobertiJuiceplus$60,000,000www.roberti.net
8Nathan RicksNu Skin$58,000,000www.nuskin.com
9Foo Howe Kean & Jenny KoAmway$40,000,000www.amway.com
10Peter & Eva Muller-MeerkatzAmway$40,000,000www.peterundevamm.com
11George Zalucki & Art NapolitanoACN$35,000,000www.georgezalucki.com
12Holton BuggsOrgano Gold$30,000,000www.organogold.com
13Maria SchleipferAmway$30,000,000www.amway.com
14Carol & Ken PorterMonavie$27,000,000www.Monavie.com
15Ed BestosoMelaleuca$27,000,000www.bestoso.com
16Mitch & Deidre SalaAmway$27,000,000www.diamondfocus.com.au
17Craig
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Tony Rush Hits $153,000 in 60 Days With Dubli And Shows His Back Office
by Ted Nuyten • • 0 Comments
Tony Rush from Dothan, Alabama, USA was one of the Top Earners in Empower Network and he moved to Dubli.
Tony Rush is one of the real characters in the network marketing and personal development industries. He has been fulltime in network marketing since 1996, continues to actively build his organization today and has consistently been in the Top 10 income earners in his company.
Tony opened his back offce showing his Dubli commissions in a You Tube video, while not many MLM companies allows to do so.…
He has made $153,000 in less than 60 days. His commissions are for the far majority, if not all, recruitment based, something MLM criticasters do not like at all.
At Business For Home we are not against big recruitment commissions, however the FTC (Federal Trade Commission), the USA consumer watchdog does, and has closed down for this reason Zhunrize a simular cash back program.
If a non compliant MLM opportunity with a USA office reaches a certain revenue level, $25 – $100 million, the company will appear on the FTC radar as we have seen in the past.
Tony sign up 115 front lines and his team an other 661 members. Not disclosed is the revenue
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Global 1 Entertainment Announces The Winners Of Contests And Promotions
by Ted Nuyten • • 0 Comments
Global 1 Entertainment, also known as G1E, www.g1e.com, is proud to announce the winners of two company-wide contests and promotions. G1E is home of top earners as Dave and Faraday Manning and
Petya and Tim Edwards among many others.
G1E is a worldwide, online entertainment company headquartered in the United States and Hong Kong. The company’s members sell a social media and communication platform called G1E Touch, social games, fantasy sports, and luxury travel.
Interested individuals can create a free account at www.g1efantasysports.com. You don’t have to be a G1E member to play. However, you must register through a G1E member to play G1E Fantasy Sports as a customer, so that the referrer can receive credit.
Two separate contests were promoted by G1E Fantasy Sports www.g1efantasysports.com and G1E Escapes, the company’s luxury travel platform.
50 players on Global 1 Entertainment’s Fantasy Sports site took home a total of $5,000 in cash from last week’s scoring totals. What is known as the G1E 5000, New Jersey’s Mark Brudney took the top prize of $2,500! Mark and the other players entered the contest with a $25 entry fee.
Other players all across America participated and 49 others took home extra cash for being a part of
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Herbalife Will Ban All USA Reps Websites
by Ted Nuyten • • 0 Comments
Herbalife Ltd. (HLF) is already dealing with the allegations of running a pyramid scheme, and has once again become the topic of discussion due to its new policy. This time, however, it’s for something that can counter the allegations.
As a part of its strategy to prove the allegations wrong and make its business model more transparent and understandable, Herbalife has come up with a new policy that is expected to be enforced on November 15. According to the reports from New York Post, Herbalife will ban all the websites run by USA distributors and will take their business to a corporate controlled website. The company designed the website goherbalife.com for specifically this purpose.
This website not only helps the company take the distributors’ business into its own hands, but will serve several other purposes as well. Herbalife has recently started to focus on improving its brand image and the use of direct marketing strategies. It is now taking new initiatives for building a strong relationship with the community and giving its consumers a feel of connection with the Herbalife brand.
This is because the website will enable the nutrition-products manufacturer to provide a consistent image of its brands. While earlier each distributor was presenting