Tag Archive for MLM Facts

Ackman Sends Warning To Herbalife’s New Compliance Chief

 
The NY Post reported earlier today:
Bill Ackman wants to give Herbalife’s new head of compliance, Pamela Jones Harbour, a few pointers.
The billionaire activist and Herbalife’s biggest critic on Thursday fired off a 19-page letter to Harbour — who has been on the job just a month — telling her that she has her work cut out for her.

“Based on our extensive investigation over the past three years, we believe Herbalife operates the largest and best-managed pyramid scheme in the world,” David Klafter, a lawyer for Ackman’s Pershing Square hedge fund, wrote in the letter first reported by Reuters.

Harbour is facing an “immense” challenge as the company’s business will likely collapse if she does her job and acts in the best interests of consumers, the letter warns.
“You may find yourself at the fulcrum of choosing between protecting consumers or protecting the company. Based on our research, we do not believe you can do both,” Klafter said.
Herbalife’s declining sales in the US over the past two quarters indicate that is already happening, Klafter suggested.
Since Herbalife stunned Wall Street on Monday with lower-than-expected earnings and dismal projections, the stock has fallen about 30 percent, closing at $39.99 on Thursday.
While Herbalife has suggested

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Leadership Interview With Visalus’ 1-Star Ambassadors Lattoia Andrews & Cornelius Massey

 
Lattoia Andrews & Cornelius Massey speak about their “all in” mindset and how the possibility of reaching the $250K Lifetime Earnings mark was closer than ever.
Today, they’re past that goal and still rising. 
Vi: What does it mean to be $250K Vi Lifetime Earners?
Lattoia & Cornelius: It’s an amazing feeling. It shows our hard work… but most importantly it means that for every dollar we’ve earned, someone else’s life was impacted, someone else on our team is one step closer to hitting his or her Challenge goal, and someone else is one step closer to generating additional income. It’s not just about the earnings, but whose life are you looking to impact? 
Vi: How has achieving this milestone made an impact on your Vi business?
L&C: Hitting this milestone is truly a blessing, and it has inspired so many people that it can be done. We were just regular individuals with a military background, but we had a hunger for more and helping others. We went all in. We’ve been able to show people that the possibilities are endless when you dedicate as much effort as possible to something you believe in. Belief plus action will always equal results! 
Vi: What other ways are you going

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Isagenix Couple Makes Crystal Executive In 6 Months

 
The recession left John and Kathie financially devastated. Over the years, the couple got to the point where they couldn’t pay the minimum on all of their credit cards.

“Severe devastation is when creditors are calling you every day,” says 67-year-old John. “Because of that financial devastation, my wife and I were also experiencing severe health devastation.”

John and Kathie live in a remote area backed into the Yosemite National Forest. Married for 36 years, John and his wife, spent most of the last couple of decades taking care of elderly parents.
“We were only able to make $1,000 per month and we couldn’t survive off of that,” shares John.
Searching for another method to pay off debt, John and Kathie were looking for a different solution.
It’s All About the Research
As an aging couple, John and Kathie wanted to find the right Isagenix products for their health.
“What I love about Isagenix is that you have so many product choices,” shares John. “But we chose what products were comfortable for our specific situation and what was affordable for us at the time.”
“I was intrigued with Product B® IsaGenesis®,” says John. “And I marveled at the science and research behind the product. The research is extremely

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Vísi Pro Attributes Bodybuilding Championship To Exclusive Products

 
On November 1, natural bodybuilder Darrin Grosenick won several honors in the International Natural Bodybuilding Federation’s Canada Western National Championships. Grosenick, who is also a Vísi Arctic 3-Star Partner, has been using Vísi products as his exclusive supplementation regimen and has found incredible results.
At 48, Grosenick says he’s in the best shape of his life, with “incredible energy, incredible flexibility—at the competition, I was like a 10-year-old on a playground.” Even competing against men half his age, Grosenick won first place in the Lightweight category. He also earned top honors in the Master’s class and earned his Pro card, allowing him to compete in events around the world.
He attributes much of his success to consistently using the entire Vísi product line. He says what he likes best about Vísi’s certified clean products are “how natural and clean they are—every ingredient has a specific purpose. Everything is synergistic.”
Grosenick’s “Road 2 Ripped” journey began in February as he returned to the gym to get competition ready and “completely stayed true to the products.” His daily supplementation regimen begins with something he laughingly calls “the bomb,” a Vínnle supplement for focus, a Probíta hydrolyzed collagen chew, and an Energy drink mix with water.

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Amway India In Trouble Again For Questionable Laws

 
Two social workers moved the Nagpur bench of Bombay High Court against Amway Company accusing it of selling many products without approval from Food Safety and Standard Authority. Sachin Khobragade and Jammu Anand claimed in their PIL (No. 69/2014) that the company got approval to sell only four products, but it was selling 36 products, flouting the norms.
A division bench comprising justices Bhushan Gavai and Vinay Deshpande then issued notices to Food Safety and Standard Authority through its chief executive officer, union health secretary, food safety commissioner and Amway India Enterprises Limited, asking them to reply within three weeks.
The petitioners stated that nutrilite products sold by the company didn’t comply with strict quality and quantity norms and labels used on its boxes were misleading. They had apprised of the Food and Drugs Administration (FDA) commissioner many a times but no action was taken. They demanded investigations into all its products from the Food Safety and Standard Authority.
Originally reported by: Times of India
About Amway
With more than 50 years of experience, Amway now holds the top spot in direct selling in key markets like China, India, Japan and Thailand, and is a recognized leader in the industry globally. Reflecting 2011’s substantial gain,

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Mark O. Smith Gets Real About Nerium Making Dreams Come True

 
Nerium International Brand Partners make dreams come true each and every day by focusing on their own personal development and build successful business using Nerium’s outstanding resources. Nerium International’s #1 income earner Mark O. Smith took the stage and addressed a crowd of 15,000+ dreamers last week telling them how easy it can be to DREAM, BELIEVE, and ACHIEVE in life and business.
Nerium Brand Partners from the U.S., Canada and Mexico gathered at Nerium’s first truly international conference, Get Real 2014 in Long Beach, California, to hear energizing words from Smith and members of Nerium’s executive management team and to learn about new business-building tools and charitable endeavors.
The highlight of the conference, Smith says, was a crowd-pleasing keynote speech by personal development guru, John C. Maxwell. “He was simply amazing,” Smith says. Maxwell energized the crowd with a message about learning how to believe in yourself and trust your own self-confidence enough to ask questions.
Get Real 2014 was the first international gathering of Brand Partners since Nerium International expanded its global footprint into Canada and Mexico earlier this year. More are sure to follow in 2015.
Nerium International, LLC, based in Addison, Texas, launched in the U.S. in 2011 breaking multiple

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ACN President And Co-Founder Ranked Top 20 Telecom Executive

 
ACN’s President and Co-Founder Greg Provenzano was ranked the number three telecom executive to work for in 2014 by getvoip.com.  In their annual ranking, they looked at the top 20 executives making the big decisions in the telecommunications industry and ranked them by what really matters – how their employees feel about their leadership. 
He has a deep commitment to personal growth, and he inspires others to work on their personal lives as hard as they work on their businesses. Greg is a leader and motivator to ACN’s independent business owners.
He shares the company’s vision with them, as well as ways to improve their businesses and their lives. Greg communicates with independent business owners daily, encouraging them and helping them stay focused on their goals.
Using up-to-the-minute ranking tool, Greg Provenzano came in number 3 with an incredible 97% approval rating.  ACN employees were quoted as saying, “ACN’s culture at the corporate office is excellent.  There seem to be many opportunities for growing a career here, and everyone is more than willing to help you learn.  The company values personal growth at all levels.”
About ACN Inc.
Founded in 1993, ACN is the world’s largest direct seller of telecommunications, energy, and other

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Mannatech To Launch New Advanced Immune Support Product At Annual Event

 
Mannatech®, Incorporated, the pioneer of nutritional glycobiology and leading innovator of naturally-sourced supplements based on Real Food Technology® solutions, has announced that it will launch its newest product, GlycoBOOM, at the company’s annual training event in Frisco, Texas.
GlycoBOOM is a new dietary supplement based on Mannatech’s exclusive Manapol® powder that features a proprietary herbal and glyconutrient blend with plant and food-sourced vitamins. GlycoBOOM is also free of gluten, dairy, soy and synthetics and contains no added sugar, artificial flavors, colors or sweeteners.
This new product will be the 32nd addition to Mannatech’s currently active line of products in the United States.
“The November Leadership event is the ideal timing for the launch of an immune support product as powerful as GlycoBOOM,” said Dr. Robert Sinnott, Mannatech CEO and Chief Science Officer. “As the winter months approach, maintaining a healthy immune system is one of people’s biggest priorities.”
Mannatech’s Leadership Experience will take place November 7-9, 2014, at the Embassy Suites in Frisco, Texas with guest speaker, Les Brown.
About Mannatech
Mannatech, Incorporated, develops high-quality health, weight and fitness, and skin care products that are based on the solid foundation of nutritional science and development standards. Mannatech is dedicated to its platform of Social Entrepreneurship

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Primerica Reports Third Quarter 2014 Results

 
Primerica, Inc. announced financial results for the quarter ended September 30, 2014. Total revenues were $339.2 million, net income was $41.6 million, or $0.75 per diluted share, and net income return on stockholders’ equity was 12.8% in the third quarter of 2014.
In the third quarter, operating revenues increased by 9% to $339.5 million and net operating income increased by 2% to $41.8 million compared with $310.8 million and $41.0 million, respectively, in the year ago quarter. Operating results were driven by strong product performance including a 10% increase in total Investment and Savings Product sales and a 16% growth in average client asset values as well as a 10% growth in Term Life net premiums year-over-year.
Net operating income was impacted by an acceleration of equity compensation expense related to retirement plan modifications as well as higher incurred claims versus the year ago period. Net operating income per diluted share was $0.76 and net operating income return on adjusted equity was 13.8% for the quarter.
Changes in retirement provisions of employee equity awards issued in February of 2014 accelerated recognition of expenses as discussed in the Current Report on Form 8-K dated September 17, 2014. These changes increased insurance and operating

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Primerica Reports Third Quarter 2014 Results

 
Primerica, Inc. announced financial results for the quarter ended September 30, 2014. Total revenues were $339.2 million, net income was $41.6 million, or $0.75 per diluted share, and net income return on stockholders’ equity was 12.8% in the third quarter of 2014.
In the third quarter, operating revenues increased by 9% to $339.5 million and net operating income increased by 2% to $41.8 million compared with $310.8 million and $41.0 million, respectively, in the year ago quarter. Operating results were driven by strong product performance including a 10% increase in total Investment and Savings Product sales and a 16% growth in average client asset values as well as a 10% growth in Term Life net premiums year-over-year.
Net operating income was impacted by an acceleration of equity compensation expense related to retirement plan modifications as well as higher incurred claims versus the year ago period. Net operating income per diluted share was $0.76 and net operating income return on adjusted equity was 13.8% for the quarter.
Changes in retirement provisions of employee equity awards issued in February of 2014 accelerated recognition of expenses as discussed in the Current Report on Form 8-K dated September 17, 2014. These changes increased insurance and operating

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