Tag Archive for MLM Facts

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Trévo Founders Giving Back To Local Community

by Nicole Dunkley • November 18, 2014 • 0 Comments

Mark Stevens, President and CEO of Trévo, along with his wife and Trévo co-founder, Holli Stevens, are celebrating the holidays a bit early this year by giving back to a local Oklahoma City organization.
Mark and Holli are donating $10,000 to Hope for the City, Hope for the Holidays, a faith based non-profit founded by Yvonne and Scott Spurlin.
“Holli and I, along with our daughter Alexandria, love the Oklahoma City Community, and are absolutely thrilled to support such an amazing cause,” Stevens said. “Generosity is one of the pillars of our family and our organization, and we are so thankful for the opportunity to bless some local families this Christmas.”
In addition to the monetary donations, Trévo employees will volunteer by shopping for needy families, wrapping gifts, delivering gifts to families and serving as Table Hosts at the Hope for the Holidays Event.
Hope for the City, Hope for the Holidays was started by the Spurlins in 2006 with a vision to bring hope to families and individuals during the holiday season. In 2014, the ministry is focusing on serving men and women in the Armed Forces in Oklahoma communities, along with their families.

ABOUT TRÉVO
Trévo’s Founders are Mark and Holli Stevens who have

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Bill Keep’s Open Letter To Warren Buffett On MLMs

by Tina Williams • November 18, 2014 • 0 Comments

Now that Pampered Chef, the multi-level marketing company owned by Berkshire Hathaway Inc., has a new CEO, MLM expert and dean of the College of New Jersey School of Business Bill Keep is hoping to get some support in setting clearer standards on what is or is not a pyramid scheme.
To do that, he’s published a letter that he sent to Warren Buffett earlier this year, with no response, possibly hoping to get the attention of the Pampered Chef CEO Tracy Britt Cool.

“I ask that you consider, as an owner of an MLM company, the value of having clear and public standards that differentiate a legal MLM from a pyramid scheme,” Bill Keep wrote in the letter, dated August 25, which he tweeted today. “Should you conclude that such standards are important to protect consumers and investors, I ask that you publicly address the issue.”

Bill Keep: No standard for what separates MLM and pyramid schemes
As Bill Keep and others have explained before, when you’re trying to figure out if a company is a legal MLM or apyramid scheme, the central question is whether their revenue comes from primarily from selling goods or from recruitment. But more sophisticated pyramid schemes also make some amount

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Zeek Rewards CEO Pleads Not Guilty To Scam

by Tina Williams • November 18, 2014 • 0 Comments

A North Carolina man accused of being the mastermind of an $850 million Ponzi scheme pleaded not guilty Thursday to multiple federal charges of fraud and conspiracy.

Paul Burks, the founder and CEO of the ZeekRewards penny auction site, was arraigned before U.S. Magistrate Judge David Cayer at the federal courthouse in Charlotte. In late October, a grand jury indicted Burks on charges of wire, mail and tax fraud, and conspiracy.
Burks said nothing during his brief appearance in court. His plea was entered by his attorney, Noell Tin. If convicted on all of the charges he faces, Burks, 67, faced 65 years in prison and a $1 million fine. At the conclusion of the hearing, Judge Cayer released Burks on $25,000 bond. No trial date has yet been set. Burks company and its Zeekler.com auction site was shut down by the U.S. Securities and Exchange Commission in August 2012, after the agency concluded it had sold $850 million in unregistered securities.

Prosecutors say Burkes and his conspirators ripped off as many as 1 million investors with promises of big returns and what ultimately turned out to be bogus investments. Burks, who had been accused of pocketing as much as $10 million in investors’ money, agreed to

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Top Industry Leader, Cedric Harris, Joins Jeunesse

by Tina Williams • November 17, 2014 • 0 Comments

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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ForeverGreen Announces Q3 Results – Revenue Up 231%

by Nicole Dunkley • November 17, 2014 • 0 Comments

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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Stream Energy To Reveal Mobile Launch Strategy

by Tina Williams • November 16, 2014 • 0 Comments

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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Jeunesse Announces New Product Launch: Instantly Ageless™

by Tina Williams • November 16, 2014 • 0 Comments

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

by Tina Williams • November 16, 2014 • 0 Comments

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

by Tina Williams • November 16, 2014 • 0 Comments

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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DSMA Honors Younique with “Growth” Award – $35 Million In October

by Ted Nuyten • November 14, 2014 • 0 Comments

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 October sales topped $35 million.
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

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