On 20 February we published court documents (we did not make it up….) in which Jeff Olson – CEO Nerium International is accused of numerous inappropriate transactions by 2 partners / shareholders:
1. Nerium SkinCare (NSC) is a division of Nerium Biotechnology Inc., President is Dennis Knocke.
2. Nerium Biotechnology inc. (NBI) CEO is Dennis Knocke, the company owns 30% of Nerium International.
So there are 3 different Nerium companies, which make the case confusion. Nerium International and NSC/NBI have business disputes with each other that they are addressing in court.
The article got over 100,000 hits and many Nerium network marketing distributors were more than upset.
Business For Home was able to retrieve a letter by a group of shareholders from Nerium Biotechnology Inc represented by Donald R. Gardner, and Gardner represents a large
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Modere CEO Robert Conlee Featured On Global TV show
by Ted Nuyten • • 0 Comments
Robert Conlee, Chairman and CEO of Modere, is featured on the award-winning, global TV show, Modern Living with Kathy Ireland. The segment’s topic focuses on Modere’s safe and effective, clean label lifestyle products.
Headquartered in Springville, UT, for 30 years Modere has provided the broadest range of personal care, nutritional, and home care essentials. Modere’s products are affordable and accessible for all people. Modere is also the leader in safety and performance. Modere’s products range from skin-care products to weight-management products.
Robert Conlee discusses the incentives Modere provides to customers, “We offer incentives for both customers and social marketers. We offer something we call ‘Share the Love’ where they receive ten dollars off their next purchase by sharing their promotional code and getting other customers interested. We have an amazing community of like-minded individuals who love living
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Nerium Vs. Modere Lawsuit – The Follow Up
by Ted Nuyten • • 0 Comments
On December 30th, 2016, Nerium International filed a lawsuit against Modere.
Nerium claims the lawsuit, which also sought a Temporary Restraining Order, was an attempt to stop two of its high-ranking salespeople and a paid Nerium consultant from raiding Nerium’s salesforce and customers, in direct violation of their non-competition and non-solicitation agreements, for a competing company Modere.
Modere (and individuals respectfully) requests that Nerium’s Emergency motion to Compel be denied, that it be ordered to reserve written discovery in accordance with the typical non-emergency guidelines with the Texas Rules of Civil Procedure, that such discovery be narrowly tailored in accordance with the jurisdictional claims it has made, and for all such other relief to which they may be entitled.
The following exchange comes from the Deposition of Dennis Windsor, the President of Nerium from its
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Young Living Appoints Ben Riley As Global Sales Leader
by Ted Nuyten • • 0 Comments
Young Living Essential Oils, the largest essential oil company in the world, today announced that Ben Riley has been appointed as Executive Vice President of Global Sales.
Riley was selected to replace Eddie Silcock, who left the company to pursue another path and spend more time with his family.
“We are honored to have Ben take over the reigns and lead our global sales initiatives. In his time at Young Living, he has already established himself as a proven leader with our sales team, employees, and members alike,” said Jared Turner, Young Living Chief Operating Officer.
“We thank Eddie for his leadership and the energy he brought to our sales department over the past two years. He created a strong unity within our team and developed a global vision that has helped take
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Jeff Olson – CEO Nerium International Accused Of Massive Fraud
by Ted Nuyten • • 0 Comments
Nerium SkinCare and Nerium Biotechnology, partners of Nerium International, accuse CEO Jeff Olson from multi-million dollar fraud and ask in a lawsuit, inspection of the books.
From the law suit:
Nerium (Skincare) has recently obtained concrete evidence of numerous inappropriate transactions—totaling millions of dollars—that were directed or overseen by Jeff Olson, the Company’s sole Manager.
This evidence leaves no room for doubt that Olson is guilty of financial impropriety; now the question is the scope and extent. Nor is there any room for dispute that the Company previously underpaid Nerium by millions of dollars in equity and bonus distributions.
After Nerium filed its application to compel records inspection and served discovery regarding the Company’s equity allocations, the Company was finally forced to admit that its prior equity allocations were wrong. Yet it refuses to provide Nerium
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Why Amway Lost $3 Billion In Sales In 3 Year
by Ted Nuyten • • 0 Comments
According to Amway’s Business Brochure:
“More freedom. More flexibility. An Amway independent business offers you a path filled with possibilities, all on your terms. It’s a low-cost, low-risk way to start your own business regardless of your professional background, life experience, or education. You supply the passion and hard work, we’ll provide the training, support, inspiration, and rewards be in business for yourself but not by yourself.”
Fact is that if any business, as in Direct Sales, declines, is not very attractive for a business builder.
Growth is what you need, momentum and a great compensation plan. Amway’s official statement about the decline is: “Market conditions in China”.
However, if you listen to former Amway diamonds and corporate executives, there is an other important issue: the outdated Amway’s compensation plan. In some countries Amway’s presence
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XANGO Kicks off Strong 2017 Fueling Business Growth
by Ted Nuyten • • 0 Comments
XANGO, a Triple A (AAA+) classified opportunity by Business for Home, building on the momentum it created in 2016, the company and its distributors have joined forces globally with dozens of large regional meetings to fuel business growth. The results are already pouring in with explosive growth and hundreds of rank advancements.
South Africa’s new distributor signups have swelled more than 300 percent. Canada, has surged.
30 percent in the first six weeks of the year, and Europe recruitment up 30 percent. XANGO is partnering with its distributor leaders for regional meetings throughout Europe in Italy, Spain and the Netherlands.
Most recently, in leading cities such as Mexico City, Bogota, Madrid, Seoul, Milan, Vancouver, Johannesburg, Chungju City, Busan City, San Diego, Cape Town, Hong Kong, Durban, Salt Lake City, San Diego Tucson, Miami and
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Amway 2016 Sales Down 7% To $8.8 Billion
by Ted Nuyten • • 0 Comments
Amway sales dropped more than 7 percent in 2016 to $8.8 billion, marking a third year of revenue decline. The direct seller increased sales in seven of its top 10 markets, but experienced softening market conditions in China.
“Across the world, Amway did well in 2016,” said Amway Chairman Steve Van Andel. “We experienced sales growth in several top markets, saw double-digit percentage growth in nine additional markets, and continued to evolve the business in China as we seek to take advantage of shifting market conditions and achieve the market’s long-term growth potential.
“Above all, we are pleased to see the continued and growing relevance of the direct selling model in today’s marketplace as people place real value on personal recommendations, and technology enables our distributors to connect with customers at any place at
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Market America World Conference In Miami Hosts 25,000 Reps
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Internet Marketing and e-commerce powerhouse Market America | SHOP.COM is hosting its renowned World Conference this week in Miami where a sold out crowd of entrepreneurs dubbed UnFranchise Owners (UFOs) are soaking in one of the largest business conferences of the year.
The conference draws UFOs from around the world for three days of high energy, high impact keynotes and breakout sessions.
The brainchild of Market America founders, JR and Loren Ridinger, the conference boasts a wall-to-wall agenda focused on highlighting the company’s one-of-a-kind Shopping Annuity.
A revolutionary concept that helps shoppers convert spending into earning without a large investment upfront like typical annuities. The investment is what consumers already spend on everyday purchases and they earn cash back.
The World Conference is three days of nonstop entrepreneurial advice, business seminars on selling, marketing and
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Top CEO Al Bala Speaker At The European Direct Selling Congress
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Alfredo (Al) Bala is since 2015 CEO of a leading $200 million public listed Direct Selling Company.
He has been a key contributor to bringing the company back to profitability.
Al Bala has 35 years of experience working in the direct sales industry, with 28 of those spent as a field sales leader. He joined his company in 2007 and rapidly increased his responsibilities at the company, ascending to the position of President in June of 2014.
Al also played a crucial role in his company expansion into 15 countries since 2007, including South Africa, Mexico, Scandinavia and soon, Colombia.
Al Bala served for 16 years as Chief Operating Officer of Britt Worldwide, LLC, one of the largest independent network marketing organizations, launching operations in over 65 countries across the globe with a