WakeUpNow has published its Q2 report, and reports a revenue of $16,4 million, Q1 revenue was $9,7 million, so revenue is 70% up.
A small profit of $32,000 in Q2 while Q1 had a loss of $1,5 million.
WakeUpNow management stated:
“Though the Company’s current financial condition may cast doubt on its ability to continue as a going concern, management believes that its plan of operation, if successfully implemented, will generate sufficient earnings to both restore a stable financial condition and provide adequate returns to its shareholders”.
Postive factors:
“Management believes that its efforts to develop a robust product offering with a compelling value proposition will continue to attract distributors both in the United States and abroad”.
As risk factors WakeUpNow mention:
“State governments could attempt to tax our distributors as employees which would be devastating or fatal to our business.”
For instance, a staff member from the Utah State Tax Commission, has threatened to attempt to classify our distributors as employees and classify us as an employer of our distributors on the theory that our distributors are eligible for bonuses based on exceeding certain sales revenue goals.
“A substantial majority of our sales are via credit card and if we are unable to maintain relationships with
Tag Archive for MLM Top Earners
Hot Business News Today
The Top 5 Independent MLM Trainers – Eric Worre And Others
by Ted Nuyten • • 0 Comments
We got the question:
“Who are the top 5 independent MLM trainers in the world, as we would like to hire a trainer for our world convention, who has had major success in the past as a distributor and can explain, train, motivate our distributors?”.
Our answer:
Almost every MLM trainer in the world has a deal with a MLM company as a distributor, the pool is very small…
Tim Sales is connected to ARIIX, Randy Gage to Agel, John C. Maxwell to ViSalus, Todd Falcone to Send Out Cards, to mention a few.
That is why Direct Selling companies often hire motivational speakers as Darren Hardy, Les Brown, Eric Thomas, Brian Tracy and Bob Proctor, they know the Direct Selling industry, however had no real success as distributor.
Based on Facebook likes, Eric Worre, followed by 26,000 people is the most popular independent MLM trainer, his fanpage has almost 500,000 likes see Network Marketing Pro Page.
Since he stepped out of Send Out Cards as distributor his popularity has grown immense.
He has been a leader in the Network Marketing Profession for over 25 years. He is retired from being a distributor and focused exclusively on Network Marketing Pro, his career has given him a broad range
Hot Business News Today
The Most Popular In-House MLM Trainer Poll – 2014
by Ted Nuyten • • 0 Comments
Business For Home is organizing the The Most Popular In-House MLM Trainer Poll – 2014.
In-house trainers have the advantage of knowing the company first hand, often it are Top Earners, or Field Leaders with a proven record, sometimes CEO’s / founders.
An in-house trainer is a specialized skill development position in a company where the goal is to help improve the performance of the distributors. Motivators “pur sang”. Speaking in front of thousands.
An effective in-house trainer can remove Fear, Uncertainty and Doubt (The FUD factor) and is extremely valuable to the organization.
They are more likely to have a long-term relationship with the organization and continue to support skills improvement over time.
Please vote for your favorite The Most In-House MLM Trainer for 2014.
The poll will close October 15
You have 1 vote!
We love to have your facebook comments
Nominated are over 100+ Top MLM In-House Trainers
Please scroll down to vote and for the real-time score
You need to connect to your Facebook account to vote!
Did we miss your In-house trainer?
Please nominate below
(Maximum we list is 2 in-house trainers per company)
Preliminary nominees (without any particular order)
Holton Buggs
Organo Gold
Mark Smith
Nerium International
Nick Sarnicola
ViSalus
Tom Alkazin
Vemma
Bob Reina
Talk Fusion
Matt Morris
World Ventures
David Moses
Zija
Ramin Mesgarlou
Global Wealth Trade
Hedi
Hot Business News Today
Lyoness Responds To Ponzi Allegations In Australia
by Ted Nuyten • • 0 Comments
Lyoness Australia has issued the next statement:
“Lyoness rejects allegations raised by the ACCC, and will vigorously defend the proceedings commenced by the Commission on 28 August.
Lyoness is a shopping community, customer loyalty program and network marketing business.
Benefits are exclusively generated by shopping activities within the Lyoness community. Members receive benefits when they shop, whether they introduce other members or not. Lyoness members may introduce members and receive benefits when the new member shops in the Lyoness community, but no benefits come from the introduction alone.
Lyoness has been active for 10 years and in none of the 46 markets in which it is active has Lyoness been found guilty of or convicted for operating a pyramid scheme.
Over four million members take advantage of the Lyoness benefits at over 40,000 loyalty merchants around the world. In Australia, there are now 780 Lyoness loyalty merchants, including many small and medium sized enterprises.
Lyoness is committed to full compliance with the law and to dealing honestly with Australian consumers.
Daily business is not affected. This court action has no effect on Lyoness members, loyalty merchants or staff, and Lyoness may be contacted by them in the usual way.
Since the proceedings are before the court, Lyoness
Hot Business News Today
Hedi Khezrzadeh – Lessons From ALS Ice Bucket Challenge For Network Marketers
by Tina Williams • • 0 Comments
Hedi Khezrzadeh from the Middle east is Medical Doctor, Top Earner and Trainer in Network Marketing, is followed by 8,000+ Facebook fans, and shares the lessons that can be learned from the ALS Ice Bucket Challenge for Network Marketers.
Hedi:
It worked because it’s “Referral” marketing, because you ask people who you have influenced to donate or to dump a bucket of ice water on their head.
Seth Godin says, “The ideas that spread, win”. ALS (Amyotrophic Lateral Sclerosis) is not the leading cause of death in the world, it’s responsible for 2 out of 100,000 deaths every year and as many as 30,000 Americans have the disease at any given time. Malaria has been responsible for an estimated 627,000 deaths in 2012 and 207 million affected cases. Bill Gates has been advocating the awareness for Malaria for many years and has many videos, but the #ICEBUCKETCHALLENGE has been more effective because the way the information is being spread has been remarkable. Now people deal with an average priority illness as urgent because the way we have been spreading the idea has been nothing short of remarkable.
People want to be seen, they want to LEAD, they want to take part in a movement, they want to be different, that is why a lot of people try to
Hot Business News Today
Sheila Medina – Plexus Slim Top Earner Interview
by Ted Nuyten • • 0 Comments
Sheila Medina is Diamond Ambassador, the Top Rank in Plexus Worldwide compensation plan. Sheila is married to Ray Medina and lives in Ocean Springs, Mississippi, USA.
A Diamond Ambassador has personally sponsored and maintain 7 Qualified Ambassadors and have a minimum of 4,500 points in the organization, with 1,125 of those points coming outside of the primary leg. Sheila has a team of over 5,000 active team members all across the USA and Canada. The Plexus Convention 2014 in Dallas draw 8,000 distributors.
Plexus Worldwide, got its start eight years ago in Scottsdale, Arizona, and has since expanded into Canada and Australia. With a strong focus on weight-loss and pain-relief products, The direct seller generated 16,458 percent growth over three years, closing out 2013 with $159.8 million in revenue.
Sheila, how did you got into the Direct Selling industry, who invited you?
In 1996, married with two children, I decided it was time take control of my life. I was successful out in the corporate world but I had no time for myself or my family, so I joined a direct selling company and had 15 years of success.
In 2008 I became an ambassador with Plexus Worldwide when they were just a breast health
Hot Business News Today
Egemen Özer – Mega Holdings 23 Year Hits $50,000 Per Month
by Ted Nuyten • • 0 Comments
Egemen Özer from Ankara, Turkey is 23 years young, started in 2010 with Megaholdings, and has hit the $50,000 per month mark with his independent distributorship. For his age (and any age) an awesome achievement.
He has the top rank of Mega leader in the compensation plan and has build a team of 5,000 partners.
Mega Holdings is an international Direct Selling company providing online web hosting services.
Mega Holdings is incorporated in Hong Kong and its Management team is headed by Chairman/Founder Michael Cheng, a successful business entrepreneur with rich experience in network marketing and other business investments in several parts of the world.
The pioneering spirit of Michael Cheng, began in mid-1999 in Hong Kong where he launched an online e-commerce company selling websites and hosting services.
This was initiated at a time when e-commerce was still in its infant stage of development. Thus began the journey of adventures and discoveries in e-commerce that spanned over 122 countries worldwide and that touched the lives of hundreds of thousands of individuals across many cultural and national lines in a borderless world.
The catch slogan of ‘Mega Holdings changes the way people network. You change the way they live!’ soon caught on with
Hot Business News Today
Hasan Acer – Mega Holdings Hits $62,000 Per Month
by Ted Nuyten • • 0 Comments
Hasan Acer from Mersin, Turkey is 23 years young and has hit the $62,000 per month mark with his Mega Holdings distributorship. For his age an awesome achievement.
He has the top rank of Mega Star.
Mega Holdings is an international Direct Selling company providing online web hosting services.
Mega Holdings is incorporated in Hong Kong and its Management team is headed by Chairman/Founder Michael Cheng, a successful business entrepreneur with rich experience in network marketing and other business investments in several parts of the world.
The pioneering spirit of Michael Cheng, began in mid-1999 in Hong Kong where he launched an online e-commerce company selling websites and hosting services.
This was initiated at a time when e-commerce was still in its infant stage of development. Thus began the journey of adventures and discoveries in e-commerce that spanned over 122 countries worldwide and that touched the lives of hundreds of thousands of individuals across many cultural and national lines in a borderless world.
The catch slogan of ‘Mega Holdings changes the way people network. You change the way they live!’ soon caught on with the direct marketing communities in Hong Kong, Malaysia, the Philippines, Singapore, Indonesia, Thailand, India and other countries in Asia.
Hot Business News Today
Football Legend Michael Irvin Keynote Speaker At Foru International Convention
by Ted Nuyten • • 0 Comments
foru International (foru), the leader of DNA-based health, beauty and wellness products, is pleased to announce that football legend Michael Irvin will be the Keynote speaker at their annual convention in Las Vegas, Nevada taking place October 17th and 18th.
Irvin’s keynote address, entitled “The DNA of a Champion,” shares a very personal story of a boy whose goals were bigger then his circumstances growing up, and how key lessons Irvin learned through life have enabled his incredible success both on and off the field after leaving the NFL.
Michael was introduced to foru while speaking at a University of Miami Alumni event when he met foru founder Gil Peter. Michael shared how football had taken its toll on his body. Gil offered foru’s products as a possible solution. After using the products for just a few weeks, Michael began to feel different.
“foru has turned back the clock. I can play basketball again with my sons, which is something I wasn’t able to do in a long time, said Michael Irvin. “foru’s personalized nutrition, which is prepared for me each month based on my DNA has made a significant difference. I’m telling everyone I know who isn’t feeling their best that
Hot Business News Today
Vemma Video Wins Videographer Award
by Ted Nuyten • • 0 Comments
Vemma® has been presented with a prestigious 2014 Award of Excellence in the Company Overview category in the 18th Annual Videographer Awards.
“This is Vemma” tells the story of Vemma Nutrition Company, a health and wellness company that is “focused on providing innovative wellness products to enhance people’s health, while assisting to create an incredible life for those that want it,” explains Founder and CEO BK Boreyko. The “This is Vemma” video features BK Boreyko, the man behind the movement, who is passionate about helping people live the life they deserve.
“Vemma has a two-part formula for success that resonates with people in more than 50 countries around the world. The first part is enhanced health through supplementation, and Vemma delivers the results people are looking for with our entire line of healthy beverages.
The second part is the sharing of Vemma products. I devote my advertising dollars, literally millions of dollars every month, to the people who choose to champion our mission and promote the Vemma brand. The real power of our success lies in the simplicity of our business model,” says Boreyko.
Judging for the Videographer Awards was conducted by the Association of Marketing and Communication Professionals (AMCP), a