Tag Archive for MLM Facts

Hot Business News Today

Stemtech Expands Global Reach With New License Agreement In Africa

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Stemtech Corporation (OTCQB:STEK), a leading innovator in patented stem cell nutrition health products, announces a significant milestone in its global expansion strategy with the signing of a license Agreement with an established direct sales company, based in Kenya.
The Agreement, effective January 29th, 2024, grants the license to purchase, use, market, and distribute Stemtech’s cutting-edge health related products within the designated Territory(s), including Kenya, Uganda, Tanzania, Ghana, Democratic Republic of Congo and Nigeria.
This strategic move represents Stemtech’s commitment to reaching new markets and introducing its patented stem cell nutrition, skin care and oral care products to new markets. The licensing agreement includes the distribution of StemRelease3™, StemFlo Advanced®, MigraStem™, OraStem™, and Cellect One™ Rapid Renew Stem Cell Peptide Night Cream.
John W. Meyer, President & COO of Stemtech Corporation, expressed excitement about the expansion, stating,

“We believe that this partnership marks a significant opportunity for Stemtech to establish brand recognition in key African markets and contribute to the overall health and wellness of the region.
We are confident that our stem cell nutrition products will make a positive impact and contribute to the growth of the wellness industry in Africa. Distributors will benefit from additional income for the current network marketers already engaged through

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LifeVantage Q2 Revenue 2023 Down 3.8% To $51.6 Million

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LifeVantage Corporation (Nasdaq: LFVN), a leading health and wellness company with products designed to activate optimal health processes at the cellular level, today reported financial results for its second fiscal quarter ended December 31, 2023.
Second Quarter Fiscal 2024 Summary*:

Revenue of $51.6 million, a decrease of 3.8% from the prior year period. Excluding the negative impact of foreign currency fluctuations, second quarter revenue was down approximately 3.4%;
Revenue in the Americas decreased 1.6%, and revenue in Asia/Pacific & Europe decreased 10.0%. Excluding the negative impact of foreign currency fluctuations, second quarter revenue in Asia/Pacific & Europe decreased approximately 8.0%;
Net loss per diluted share was $0.05, versus net loss of $0.08 per diluted share a year ago;
Adjusted earnings per diluted share was $0.10, compared to adjusted loss per share of $0.07 a year ago; and
Adjusted EBITDA increased 289.0% to $3.1 million.
* All comparisons are on a year over year basis and compare the second quarter of fiscal 2024 to the second quarter of fiscal 2023, unless otherwise noted.

“We delivered significant year-over-year improvement in profitability during the second quarter as our LV360 initiatives continued to gain traction,”

said Steve Fife, President and Chief Executive Officer of Life Vantage.
“Adjusted EBITDA increased 289% to $3.1 million

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From CEO to Earn.World Star: Mehmet Akçay’s Family-Centric Success

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Mehmet Akçay’s entrepreneurial journey from CEO to Earn.World star reflects the transformative power of network marketing.
Embracing network marketing
The leader’s journey has been a captivating evolution from a detergent factory intern to a prominent figure in the network marketing industry.
Born in 1984 in Izmir, Mehmet worked at a detergent factory as an intern at the age of 18, and he continued this job for approximately 7 years.
During this period, he engaged in various business ventures to contribute to his income. Due to his love for an active social life and business, he opened a travel agency. 
While things were going well, he was introduced to network marketing through the invitation of a close friend.

“I never thought that I could make money by doing network marketing. In fact, there was a period when I vehemently rejected this idea.
However, as my traditional business grew, I realized that I was a “time-poor” person.
I couldn’t work at this pace until the end of my life. I wanted to spend more time with my wife and children and explore the world.”
said Mehmet.
Transitioning for freedom 
Feeling the need to spend more time with his wife and children while desiring the flexibility to explore the world,

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ByDzyne’s Angie Sandoya from Ecuador Achieves 2-Star President

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Rising stars are making waves at ByDzyne yet again. Although just 26 years old, the company’s newest 2-Star President from Ecuador, Angie Sandoya, has emerged as a promising leader with tremendous influence and an infectious zeal for helping others succeed. 
*A 2-Star President generates over $400,000 USD of sales revenue in two weeks or less. 
Before venturing into network marketing, Angie was a language teacher, utilizing her passion for education and communication. However, her career took a new direction when she entered the network marketing industry five years ago.
Since then, she has embraced the challenges and opportunities that come with building a network marketing business and believes she is in the right place to grow and build for the long haul. 
“I chose ByDzyne as my network marketing vehicle because it is a company with an executive team with many years of industry experience.
It is always in constant innovation and improvement in its products and services, and I have realized that ByDzyne does not follow trends, it creates them.
I am extremely grateful for the executive team’s unconditional support and for genuinely caring about each and every one of us distributors.
They show us every day that they are here to

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La ecuatoriana Angie Sandoya, de ByDzyne, logra ser Presidente 2-Estrellas

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Las estrellas emergentes vuelven a causar sensación en ByDzyne.
Aunque sólo tiene 26 años, la nueva Presidente 2-Estrellas de la empresa, Angie Sandoya, de Ecuador, se ha convertido en una prometedora líder con una enorme influencia y un contagioso entusiasmo por ayudar a los demás a alcanzar el éxito. 
*Un Presidente 2-Estrellas genera más de 400.000 USD en facturación en dos semanas o menos. 
Antes de aventurarse en el marketing de redes, Angie era profesora de idiomas, aprovechando su pasión por la educación y la comunicación. Sin embargo, su carrera tomó una nueva dirección cuando entró en la industria de las redes de mercadeo hace cinco años.
Desde entonces, ha aceptado los retos y oportunidades que conlleva la creación de un negocio de redes de mercadeo y cree que se encuentra en el lugar adecuado para crecer y construir a largo plazo. 
“Elegí ByDzyne como mi vehículo de marketing en red porque es una empresa con un equipo ejecutivo con muchos años de experiencia en el sector.
Siempre está en constante innovación y mejora de sus productos y servicios, y me he dado cuenta de que ByDzyne no sigue las tendencias, las crea.
Estoy muy agradecido al equipo ejecutivo por su apoyo incondicional

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Zurvita Inc. Appoints Alex Hoffmann to President

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Zurvita, functional food leader of clean, all-natural, innovative nutritional products has hired Alex Hoffmann, as their new President for  Zurvita Inc.
Hoffmann is an industry veteran, with over thirty years of experience both as a corporate executive and top leader in the field.
He brings an impressive proven track record of building profitable markets in Latin America and developing successful teams nationwide for leading companies such as Nu Skin Enterprises, Isagenix, and Plexus Worldwide.
As President, Alex will be responsible for leading sales, field and business development efforts for Zurvita Inc. across all existing and future markets.
“We are excited to welcome Alex to our executive team.
He is passionate about people, and he understands the impact of leading by example devoting his career to developing and empowering people to reach for more.
This is in line with our commitment and focus of being a company of provision, empowering people to take control of their health and happiness,”
says Zurvita Holdings, Founder and CEO Jay Shafer.
“With his knowledge and proven track record in both corporate and as a field-leader, we believe Alex is well positioned to lead Zurvita’s Consultants towards maximizing their potential for growth.”
Having first-hand experience, not once but twice, of what it

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Reggie Hubbard: From Military Service to Empowering True Wealth with MKX Network

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Reggie Hubbard, a leading MKX Network Independent Business Owner (IBO), shares his insights, motivations, and strategies in this exclusive interview.
His journey from a military and law enforcement career to a thriving network marketing professional with MKX Network is a compelling story of passion, perseverance, and a commitment to serve humanity.
Reggie’s journey into the world of network marketing started in 2015 when a chance encounter with a stranger opened his eyes to the industry’s immense potential.
After 14 years in the military and a decade as a police officer, Reggie’s perspective shifted as he realized the power of network marketing in offering financial independence to the average person.
This newfound awareness led him to a networking event where he crossed paths with MKX Network’s Co-Founders, Jason Tyne and Roald Mailly. Inspired by their passion for global empowerment, Reggie knew he wanted to be part of a mission larger than himself.
He explains,
“Coming from a military and police background, selfless service is a key attribute in my personal value system. Watching Jason and Roald lead by example globally, I knew that one day I wanted to have the opportunity to do the same.”
What inspired Reggie to join MKX Network was not

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Lynda Sanchez Achieves Highest Rank at LifeWave

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Lynda Sanchez, a dynamic and visionary leader from Rancho Cucamonga, CA, who is seasoned with 17 years of experience in the MLM industry, Lynda as a single mother has reached the esteemed rank of Senior Presidential Director, Highest Rank at LifeWave in just 10 months at LifeWave.

Unlike typical MLM products LifeWave is a groundbreaking company at the forefront of health and wellness innovation. Her extraordinary accomplishments and unwavering commitment to transforming lives through X39 stem cell reactivation have solidified her position as a true industry influencer.

The Decision
Lynda had been out of the MLM industry for several years hoping to find a compelling enough product to reenter into the industry. She recently received an inspiring call urging her to “come out of retirement” and take charge of a new, exciting venture.
Lynda was sold once she realized she would be teaming up with Network Marketing Legends, Steve and Gina Merritt.  She decided to join forces with the fastest growing team in LifeWave which includes her now sponsors Javi and Olga Solis, who’s upline include Mike and Sahi Hernandez, and Steve and Gina Merritt.
Having the right partners has propelled her to new heights of success. Recognizing the immense potential of the X39

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Richard Hadi Yuwono Achieves Diamond at QuiAri

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Some people join Network Marketing with the hopes of achieving financial freedom. QuiAri Diamond Promoter, Richard Hadi Yuwono, from Indonesia, joined with the hope of helping his mom pay a few bills.
Richard learned how to grow his business quickly by following the actions of top industry leaders. Those same leaders eventually led him to QuiAri where he recently achieved the high rank of Diamond.
“Growing up, my parents had their own business. Everything was going fine until my dad got sick. We took some heavy financial losses, and it was up to my mom to try and help us recover. I was just a student, but I tried my best to help.
I started tutoring to help bring in some extra income, but it wasn’t enough. A friend introduced me to a Chinese Network Marketing company. I had no idea what I was doing, but I was eager to learn.
I thought if I just followed the actions of top earners in the company, my business would also grow – and it did! I was able to help my family financially in ways I never thought were possible.
Now that I’m one of the industry leaders, it’s my turn to

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Neora Continues Asia-Pacific Expansion with ACN Korea Acquisition

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Neora, LLC, a global leader in age-defying skincare and wellness products, recently acquired ACN Korea, a Top 20 company in Korea’s direct sales sector.
This strategic move marks a significant milestone in Neora’s ongoing expansion across the Asia-Pacific region to further its global mission to “Make People Better.”
ACN Korea is the sole provider of direct sales telecommunications and essential services in Korea. This acquisition brings together Neora’s innovative “clean-meets-performance” product range and ACN Korea’s unique market position, creating an unmatched platform for entrepreneurial growth in direct sales.
“I am thrilled to welcome ACN Korea into the Neora family,”
said Jeff Olson, Founder and CEO of Neora.
“The ACN team has built an impressive legacy, and our shared commitment of ‘Making People Better’ aligns perfectly with our global mission.
I eagerly anticipate the Emerge Event on February 17, where we can get to know each other better and share our vision for the future. Together, we are poised to build a transformative legacy in the Korean market.”
The integration process will see both companies uniting under the Neora brand. This transition underscores Neora’s dedication to fostering innovation, growth, and success in the Korean and broader Asia-Pacific markets.
“Coming together, we are set to unleash an

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