As Trévo continues its global expansion more and more people are enjoying the fruits of its recognition program. During just the month of August, six people qualified to receive Trévo’s Car Bonus Program and hundreds of people received thousands of dollars in pool bonuses through Trévo’s Pool Bonus Program.
In all, during August, 165 people advanced in the Leader level of Trévo’s recognition program; 50 attained the Director level; and 12 moved up to the elite level of Executive.
The Trévo recognition program, which is directly tied to its generous compensation program, is a driving factor in the company’s skyrocketing growth and success around the globe. “Recognizing the achievements of our Life and Health Coaches is something that we love to do,” CEO Mark Stevens said. “Each achievement is an important milestone in their journey toward the greatness for which they were created and we celebrate that.”
Stevens goes on to say, “It is truly a joy to be a part of empowering the lives of Trévo’s global family. For each person whose life Trévo changes there is an opportunity to create a legacy of prosperity, purpose and wellness within their family, their community and their country. That legacy of making the world a
Tag Archive for MLM Facts
Hot Business News Today
Who Are The Next Millionaires?
by Tina Williams • • 0 Comments
After the crash of 2001, many people felt they missed their chance to be part of the boom of the 1990s. Yet, in the four years following 9/11, U.S. household wealth has increased by an incredible $8 trillion to $48 trillion—an additional 20 percent! As of this writing, census figures are not yet compiled to verify this figure, but I would project conservatively that in the same period, we added at least another one million new millionaires.
And that millionaire population explosion is still happening.
Today, the U.S. and the world economy look almost identical to how they looked in 1991, except that there are more opportunities for entrepreneurs due to recent changes in taxation and technology. Based on this history and current conditions, I forecast that U.S. household wealth will again double to $100 trillion by 2016—and that over the same ten years, the exploding U.S. economy will create at least ten million new millionaires.
For those of you in the direct selling industry, this is incredibly good news. Why? Because a significant, good number of those new ten million millionaires are the people who are entering your businesses at this very moment.
American economist and NY Times best-selling author, Paul Zane Pilzer, shares these words
Hot Business News Today
Thomas Nordlund – Sitetalk & Unaico Field Leader Passed Away
by Ted Nuyten • • 0 Comments
Thomas Nordlund was one of the major field leaders in Site Talk – Unaico – OPN and the majortiy of the members has been in his team.
In the Top MLM Networker Poll 2013 he ended on the first place together with his son Kenny Nordlund with 20,000+ votes.
Sitetalk management stated in 2012:
“During the past years we have had enormous help from Kenny and Thomas Nordlund in their roles as Network Directors.
This has, however, come at the expense of other areas, and we are now pleased to announce that these areas will again be the focus of the company.
The amount of hours Kenny and Thomas have put into their roles as network directors cannot be calculated, but we do know that very few people would have been able to do it.
Thomas and Kenny will both take a step back from the management of the company in order to truly focus on the building of the network. They have requested this change for a while, and we have now agreed that they will do more in the next phase of the company in their new roles. It is very important that everyone understands how relevant they are for the company
Hot Business News Today
Avon Continues To Struggle After CFO Resigns
by Tina Williams • • 0 Comments
Avon’s stock is falling Tuesday after its chief financial officer resigned to take a CFO job in another industry.
Late Monday Avon Products Inc., which has struggled to turn around its business, said that Kimberly Ross’ resignation is effective on Oct. 2. Avon’s vice president and corporate controller, Robert Loughran, will be interim CFO while the New York company searches for a permanent replacement.
Avon is the world’s biggest direct seller of cosmetics, but its sales have been steadily declining. The company has reduced costs, cut thousands of jobs and left unprofitable markets to try to improve its business.
Ross, who joined Avon in 2011, leaves big shoes to fill, said Wendy Nicholson of Citi Investment Research in a client note. Ross helped sell jewelry company Silpada, exit weak markets and refinance the balance sheet, Nicholson said. But Avon still has a lot of work to do in its turnaround plan, she said, and that’s a problem as it may take a while to hire a new CFO.
“Avon’s overhead costs seem still way too high, its internal controls/systems are still weak, its cash flow is still depressed and too many markets are still in disarray,” she wrote.
The analyst cut Avon’s rating to “Neutral”
Hot Business News Today
ItWorks! Celebrates 3 Year Growth Of 1565%
by Tina Williams • • 0 Comments
ItWorks! is a direct sales company that markets beauty, wellness and weight loss products. It Works! Global has thousands of independent, direct-selling distributors in the U.S., the EU and Australia and continues to climb the ranks in Inc 5000 to the #290 spot from #436 in 2013, #662 in 2012, and #720 in 2011.
Their revenue climbed from $27 Million in 2010 to $456 Million in 2013 and in the last 3 years they’ve more than doubled the size of their staff. Earlier this year they opened up a $10 Million new headquarters and continue to expand their customer base.
It Works! offers a variety of daily-use, instant-results products, including its signature and unique It Works! Wrap, a contouring product that can tighten, tone and firm any area of the body in just 45 minutes. The company currently pays commissions to more than 60,000 independent distributors worldwide.
In 2013 ItWorks! was named No. 1 for the Highest-Dollar Revenue Growth in the Tampa Bay area on the Tampa Bay Business Journal Fast 50 list. The company was also named No. 56 out of 100 on the Direct Sales Industry Top 100 Global Companies list by Direct Selling News.About It Works! GlobalFounded in 2001, It Works! Global
Hot Business News Today
PartyLite Canada VP/Sales Honoured By Direct Sellers Association Of Canada
by Tina Williams • • 0 Comments
Tracie Graham, Vice President of Sales at PartyLite Canada, was specially honoured by the Direct Sellers Association of Canada at its annual conference held in Halifax, Nova Scotia, where the organization also celebrated its 60th anniversary. Tracie received the organization’s Distinguished Service Award.
According to DSA President Ken Mulhall, the award is presented to individuals who have made a significant contribution to the advancement of the DSA through their involvement in the affairs of the association, in their community or in public service.
“It is with great pleasure that the Direct Sellers Association of Canada is presenting a Distinguished Service Award to Tracie Graham, Vice President of Sales for PartyLite Gifts,” said Mr. Mulhall. “Tracie received this award because she masterfully led the Member Rewards Taskforce to sunset our previous program and launch a new and improved affinity program for the association.
“Also, Tracie has been a great ambassador of the DSA through her participation on the DSA Board of Directors. Tracie’s commitment to the DSA was further acknowledged by her moving into the role of Vice Chair during this year’s Annual General Meeting. The DSA is very fortunate to have Tracie on our team.”
PartyLite Canada was also acknowledged at the meeting for its compliance with
Hot Business News Today
LifeVantage Announces 4th Quarter Results – Up 8%+ to 56 Million
by Tina Williams • • 0 Comments
LifeVantage Corporation (Nasdaq:LFVN), a company dedicated to helping people achieve healthy living through a combination of a compelling business opportunity and scientifically validated products, today reported financial results for its fourth quarter and full fiscal year ended June 30, 2014.
Fourth Quarter Fiscal 2014 Highlights:
Revenue was $56.0 million, an increase of 8.8% over the prior year period;
Revenue increased in the Americas by 12.3% compared to the prior year period;
Operating income was $4.8 million and net income was $2.4 million; and
Successfully launched the TrueScienceTM Skin Care Regimen.
Full Year Fiscal 2014 Highlights:
Revenue was $214.0 million, an increase of 2.8% over the prior year;
Revenue increased in the Americas by 6.1% over the prior year;
Operating income was $19.5 million and net income was $11.4 million;
Cash from operations grew 13.5%; ended the fiscal year with cash of $20.4 million;
Repurchased $46.2 million in shares and reduced long-term debt by $16.2 million; and
Began Real Salt Lake Major League Soccer marketing sponsorship.
Douglas C. Robinson, President and Chief Executive Officer of LifeVantage, stated, “We are pleased to report revenue growth for the fourth quarter and full fiscal year. Our sales results reflect reignited growth in North America, partially offset by lower sales in Japan caused by continued distractions. We were successful in leveraging our general and administrative infrastructure while making important investments in sales and marketing, product development and geographic expansion initiatives. Throughout fiscal year
Hot Business News Today
Americans Go To Capitol Hill To Share Direct Selling Stories With Congress
by Tina Williams • • 0 Comments
More than 400 independent direct selling consultants representing 28 companies, 30 states, Puerto Rico and the District of Columbia met with members of Congress today during Direct Selling Associations (DSAs) second annual Direct Selling Day on Capitol Hill. Participants shared personal stories about how direct selling has helped them achieve business and personal goals to create a better life.
Direct selling empowers entrepreneurs who are building the American economy community by community, said Joseph Mariano, president of DSA. Our industry has a positive story to tell, and Direct Selling Day on Capitol Hill is a great way to explain that our people are the industrys greatest asset.
Participants from all corners of the country related how direct selling which involves the direct sale of products and services person-to-person, through home parties or online through distributor websites has provided them with personal flexibility, the opportunity to own their own businesses and the chance to achieve a variety of personal and professional goals including supplementing their income, receiving recognition for successes and promoting a product or service they stand behind.
Mariano continued, Direct sellers live and work in every state and Congressional district in the country. Its critical that policymakers understand the value that direct
Hot Business News Today
Herbalife’s Expansion Into Canada
by Tina Williams • • 0 Comments
Herbalife Ltd. (HLF) announced yesterday that it will launch its performance nutrition line, Herbalife24™, in Canada. The comprehensive nutrition package is designed to cater to the daily nutrition needs of athletes. The company has also partnered with the non-profit organization, Common Threads, to target younger age groups in the US as well.
The company’s increased focus on product innovation and relationship building efforts with its target market shows it will continue to expand its operations in the future, disregarding any accusations of it being a pyramid scheme. Products targeted at athletes might turn out to be a significant growth driver for Herbalife in the future.
Herbalife24 is a comprehensive performance-nutrition package, which consists of five products that let consumers modify their nutrition plan to meet their training demands and their daily nutrition needs according to the sport they play. All products in the package have been certified by the Public Health and Safety Organization, NSF International Inc.
Each product was tested to make sure that it contains no banned substances. This certification adds credibility to the products, as athletes need to be assured that the ingredients used are legal and safe. These products do not contain any sweeteners or artificial flavors.
Herbalife realized
Hot Business News Today
Zija International Launches In Indonesia, Appoints Indonesia General Manager
by Nicole Dunkley • • 0 Comments
Zija International recently opened in Indonesia as part of its aggressive Southeast Asia expansion strategy. The company will begin by offering products from its Moringa-based GenM skin care line, with plans to introduce more products over the next few months.
Zija Indonesia joins other nearby countries where the company is already thriving, including Thailand, Malaysia, the Philippines, Singapore and Vietnam.
The company has chosen Agus Darmanto to serve as General Manager over Zija Indonesia. Mr. Darmanto has been a network marketing leader in Indonesia for nearly a quarter of a century. His educational experience includes receiving a Bachelor of Science degree in Mathematics.
Agus has served in new market development positions at several successful international companies including Avon Cosmetics, where he was involved in opening branches in eight cities around Indonesia. He has the experience and drive to create successful and steady growth for Zija International in Indonesia.
About Zija International
Zija International located in Lehi, Utah, develops natural, earth-friendly health, wellness, nutrition and fitness products. Zija currently operates in 50+ countries worldwide through its global family of Independent Distributors.
Although the company has been in business for only a few short years, it has experienced impressive growth year after year and been recognized as