In this month’s Executive Connection, Direct Selling News Publisher and Editor in Chief John Fleming speaks with Lynae Parrott and Gail Gioffredi, Managing Directors of Gold Canyon, about leadership, dreaming big and empowering others.
Tag Archive for News
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Billion Dollar Markets
by mallen@directsellingnews.com • • 0 Comments
Direct selling is an industry proving its mettle as it prepares to take advantage of major growth opportunities fueled by technology, increased entrepreneurial support and the new emerging market consumer.
Hot Business News Today
Zurvita: Successful Simplicity
by mallen@directsellingnews.com • • 0 Comments
After a rocky start, Zurvita chose the road less traveled—and built a salesforce determined to make the world a healthier place.
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Gold Canyon: Turnaround Toward Growth
by mallen@directsellingnews.com • • 0 Comments
After a season of sluggish sales, the sweet smell of success seems to be returning at Gold Canyon. The scented-candle seller and manufacturer has instituted sweeping changes that have boosted both morale and sales.
Hot Business News Today
Younique Reaches 100k Presenter Milestone, Exceeds Founders’ Projections
by Tina Williams • • 0 Comments
Younique, a cosmetics direct sales company dedicated to motivating, empowering and validating women, reached and surpassed the 100,000 Presenter (independent sales representative) milestone yesterday, which also happened to be the company’s two year anniversary of welcoming its first Presenter.
View the live Presenter tracker here (scroll to bottom of page) to see how many new Presenters have joined the Younique family since the 100,000 milestone was achieved on Monday, September 29.
“I have witnessed several companies reach the 100,000 milestone, but personally I have never been around one that did it in two years,” said Derek Maxfield, Younique Founder and CEO.
In a personal email to Younique Presenters, Maxfield stated, “It’s simply incredible, and it’s because all of you are incredible! We have a mission to accomplish of uplifting, empowering and validating women across the globe and so, of course, numbers do matter.”
He then shared with Younique Presenters a special aerial shot “thank you” video in which employees lined up to form a “100k” in a grass field nearby corporate headquarters in Lehi, Utah.
About Younique
Younique Products is the first direct sales company to market and sell almost exclusively through the use of social media. Since its inception in September 2012, Younique has earned increasing recognition for its bestselling product the original Moodstruck 3D Fiber Lashes. The company’s product philosophy
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mynt Fall Tour 2014 Launches With Success
by Tina Williams • • 0 Comments
The mynt fall tour 2014 started off with a bang. Over 400 people came out for the September 20 meeting in Newport Beach, California, positively representing California.
For those that missed the event the next stop on the tour is Seattle, Washington, on Saturday, October 4 where distributors can join Director of mynt Brandon Carter and Senior Director of Marketing Stephen Jones at the Comcast Arena.
what’s in store
mynt tips & training
mynt moments
CORE Challenge
EMV Jabu
Fun giveaways
Their next tour stop is in Atlanta, Georgia – continuing the celebration of the new MonaVie brand, mynt, which has had positive success since its debut.
About mynt
mynt is a new way of doing business in the direct selling industry. Backed by MonaVie, the mynt products and opportunity pre-launched in North America April 19, 2014; the full launch is planned for early next year. Its products include CORE protein shakes, a selection of CORE Boost products, and deliciously refreshing EMV energy drinks.
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Dr. Nigel Gericke Joins Nature’s Sunshine Products’ Medical And Scientific Advisory Board
by Nicole Dunkley • • 0 Comments
Nature’s Sunshine Products, Inc., a leading natural health and wellness company engaged in the manufacture and direct sale of premium-quality nutritional and personal care products, announced that Dr. Nigel Gericke of Cape Town, South Africa, has joined Nature’s Sunshine Products’ (“NSP”) Medical and Scientific Advisory Board. Dr. Gericke is a medical doctor, ethnobotanist and ethnopharmacologist specializing in documentation, discovery, innovation and unique product development from medicinal and food plants. He has a particular interest in phytochemicals that impact the central nervous system and in finding solutions for tropical diseases including malaria. As part of serving on this board, Dr. Gericke will assist with research activities, educate and train NSP and Synergy distributors, and speak at various company events.
“We look forward to working with Dr. Gericke and leveraging his expertise in developing emotional and physical well-being products from medicinal and food plants,” said Gregory L. Probert, Nature’s Sunshine Products’ Chairman and CEO.
Dr. Matt Tripp, NSP’s Chief Scientific Officer, added, “Dr. Gericke has conducted extensive research on indigenous African plants for over two decades and is an expert on everything from their use as botanical foods and medicine to development and commercialization, isolating active compounds, examining molecular biology and directing clinical studies
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Network Marketing Incentive Contracts, Is It Ethical?
by Tina Williams • • 0 Comments
In recent events, Herbalife has come under fire due to their product/distributor ratio and the DSA has come under fire from Avon, due to their forward moving direction. Avon indirectly accused the DSA of protecting Herbalife. However, a very little known fact, hidden deep within the industry is network marketing incentive contracts, a much bigger issue within the industry than a distributor vs customer ratio as Avon claims.
Incentive contracts are given to top income earners to sign up with a company to create headline news, creating a buzz inside the industry as many start to question why said person has signed up with said company. It is never revealed that the underlying reason is a contract, often in the form of financial incentives (monthly salaries that ranges between $5,000-$50,000 a month) to a percentage of all sales to exclusive tool sales to an already built team. The incentive is given because the leader will need an income in order to leave their current company and maintain their lifestyle. Otherwise, how would they?
Once the contract is accepted the leader will announce they’re leaving and sign up with their competitor, creating excitement and buzz with the new company that just signed such an established person. Where the controversy
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Over $22 Million In Combined Earnings Among Visalus’ Three Top Earners
by Tina Williams • • 0 Comments
There’s no doubt that passion, purpose and goodwill can get you far in life. With Visalus, it can possibly be a multi-million-dollar-earnings kind of far.
Recently, three of Vi’s top earners achieved over $22 million in combined earnings with the company. Global Ambassadors Nick & Ashley Sarnicola celebrated the $10-million mark, while Global Ambassadors Jason & Jennifer O’Toole and Crown Ambassador Kyle Pacetti each earned over $6 million… all in less than five years.
For these three top industry leaders, their multi-million-dollar earnings are a testament to their passion and unwavering commitment to transforming millions of lives through Vi.
“I became a promoter for Vi as a Co-Founder to prove what can be done in this company. The model, products, and the people hands down are the best in the business. Anyone with unlimited desire and willingness to grow can achieve this milestone one day as well,” said Nick.
As for Kyle, who will be celebrating his fifth year with Vi next year, helping more than half a million people take on The Challenge and helping others gain financial freedom is success all on its own.
“If we believe in our company, believe in the mission and believe in ourselves, then that belief can help us achieve greatness,” Kyle said.
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SEC Sends Accusations Of Herbalife Insider Trading
by Tina Williams • • 0 Comments
The hedge fund world occasionally crosses a legal line when gleaning information from corporate insiders. Now, a federal investigation into Herbalife and the traders who traffic in the company’s stock reveals that hedge funds themselves produce insider secrets.
Stretching the boundaries of insider trading law, the Securities and Exchange Commission on Tuesday accused two men of possessing confidential information about a hedge fund’s plan to bet against Herbalife. One of the men, Filip Szymik, settled the case; his friend and co-defendant, Jordan Peixoto, did not.
Mr. Szymik’s problems, first detailed in a New York Times article in May, began when he learned that the billionaire William A. Ackman was planning to announce a bearish view of Herbalife, a giant diet supplements company. Mr. Szymik had an unlikely source: his roommate was a junior employee at Mr. Ackman’s hedge fund. The roommate, who did not himself trade in Herbalife, is not accused of any wrongdoing.
The S.E.C. pursued Mr. Szymik, a 29-year-old former collegiate tennis star, even though he did not trade either. Instead, according to the S.E.C., Mr. Szymik shared the insight with another friend, Mr. Peixoto, who placed his own wager against Herbalife. When Mr. Ackman announced a $1 billion bet against Herbalife, a move