Tag Archive for Newsletter

Very Few Herbalife Distributors Stake Claim In Herbalife Lawsuit

 
In a recent pyramid scheme lawsuit that Herbalife Ltd. agreed to settle, few distributors who received notice of the US $17.5 million agreement filed claims to recuperate their losses and obtain product refunds. 
Although notices were sent to more than 1.5 million individuals, fewer than 7,300 claims were filed, court records showed. The average claimant who meets certain criteria will receive roughly $1,100 from a $15-million cash settlement fund, according to court documents filed this month.
The claims rate of 0.47 percent “is a clear red flag that the class notice program was inadequate and unfair,” Douglas Brooks, a Massachusetts-based lawyer who represented 18 distributors objecting to the settlement, wrote in April 20 court papers. 

Herbalife’s outside legal team on Monday countered that the majority of class members who declined to file a claim “confirmed the integrity of

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DubLi Makes Major Move With Board Of Directors

 
DubLi announced on April 21st that it will not re-elect principal board members, Blas Moros (former Chairman of the Board), Lester Rosenkrantz, and David Sasnett. This comes as a big surprise to the public as these members were not only primary board members and very present in the company’s day-to-day actions, but this move also leaves Michael Hansen, CEO, the sole member. 
A reason as to the change has not been disclosed. Everything else at this point would be speculation. This, however, comes on the heels as several top distributors have left the company in recent weeks. 
About Dubli
DubLi, Inc. has created a framework for attracting and maintaining consumers through a web based shopping and entertainment community. The foundation of DubLi is based on innovative technology, a global platform and an expertise in understanding

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Latvia MLM Industry generates 29.7 million Euro in 2014

 
Last year the total sales of Latvian direct selling association member companies grew at slower pace than in 2013 and increased by 2% to 29.7 million euros (excl. VAT). The number of people involved in direct sales in Latvia increased over 2 percent to over 43000 people.

“Last year the direct selling market experienced a slowdown of growth, but according to the last 3 years compound annual growth rate, direct selling companies experienced higher than 8% yearly average growth. It is one of the best results among the different sales channels of retailing”, says Aleksandrs ?akste, the Chairman of Latvian Direct Selling Association (LTTA).

According to A. ?akste, direct selling is not losing its attractiveness as a way of shopping, where each client can get a personal service and advice from the direct seller/consultant and is able to

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Steve Thompson – Ambit Energy Top Earner Interview 2015

 
Steve Thompson, is one of the top earners in Ambit Energy, an energy MLM active in only a few states in the USA with a revenue of $1.5 Billion in 2014.
Steve Thompson earnings from Ambit Energy has gone over $370,000 a month, with over $15+ Million in career earnings for 8 1/2 years with Ambit. He lives on his ranch in Llano, Texas along with his second home in Austin, Texas.
Ted Nuyten had the honor to interview Steve.
Steve, how did you got involved in the MLM industry, who “pitched you'” and is he/she still involved and why were you interested in the business model?
I was first recruited back in the 80s into Herbalife. I owned an Insurance Agency and one of my customers asked me to try the product. I liked it.
Watched

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Shaklee Opens Global Innovation Centre

 
Shaklee Corporation opened the Dr. Forrest C. Shaklee Global Innovation Center in Pleasanton, California, near Shaklee World Headquarters.
The new Dr. Forrest C. Shaklee Global Innovation Center houses the Shaklee Research and Development teams in one location to enhance synergy and productivity among all the technical functions, with the goal of creating even stronger and more impactful innovations in the field of nutritional science. Leading the ceremony were Shaklee Chairman and CEO Roger Barnett, Chief Innovation Officer Emanuel Fakoukakis, and Nobel Prize Laureate and Shaklee Corporation Scientific Adviser, Dr. Elizabeth Blackburn.
This facility contains state-of-the-art scientific equipment ensuring Shaklee products meet and surpass the highest industry standards of product purity and safety. All products within the Shaklee portfolio will be developed and tested in this facility by R&D functions, including nutritional research, ingredient development, product/process development, quality assurance,

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Avidus completes merger of Asantae and Truestar

 
Vancouver based Avidus Management Group Inc. (TSX VENTURE: AVD) (OTC PINK: ASNHF) that develops, acquires, and operates direct sales companies, is pleased to announce that the Company has completed the sales and operational merger of Asantae and Truestar. This was the second phase of the plan announced in January that was designed to reduce operating expenses through joint efficiencies and fuel growth by integrating sales leadership and product lines.

CEO and President Douglas Ridley said, “With this merger now completed, we are excited about the opportunity to build on the foundation we laid in 2014 and focus our resources on growth initiatives that include product expansion and further acquisitions. Our goal for the year ahead is to achieve record revenues and profitability.”

In addition, Avidus announces that Camille Transtrum has been appointed as the Company’s new

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Avon Sales Fall From $3 Billion To $1.2 Billion In Less Than 5 Years

 
In less than 5 years, Avon has lost nearly half of its revenue, fallen off of the S&P 500, left the DSA, and lost 40% of the value of its stock. One has to wonder what other direct-selling companies can learn from this. In an article in the Wall Street Journal, they explore the reasons why: 
Everyone seems to know who the Avon lady is—except for Avon.
The company is struggling with its identity. It remains heavily entrenched in the U.S., even though most of its business is abroad. It is one of the biggest direct sellers of beauty products and relies heavily on personal relationships, but it lagged behind in developing an online strategy and hasn’t capitalized on the opportunities of social media. And while its focus is beauty, its representatives are busy

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Top 5 Mistakes New Network Marketers Make

 
As excited as a veteran network marketer is to fold a new recruit into the fold, there’s always a part of them that holds their breath, hoping to get their new recruit into training before they open their mouth and launch their business on the wrong foot. Here are the top 5 common mistakes almost every network marketer has made. 
1. Start calling their friends and family as soon as they sign up. As exciting as it is to launch a new business, it’s just as important to get trained first. A Real Estate agent has to take a certain amount of classes and pass an exam before practicing real estate. A McDonald’s franchise owner has to go to Hamburger University before they’re allowed to own a McDonald’s. Yet, in our industry –

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Top Earner Romacio Fulcher Resigns From LiveSmart 360

 
An other blow for troubled LiveSmart 360.
Top leader and earner, Romacio Fulcher, has resigned from LiveSmart 360. He was the first Diamond in North America and achieved the rank in his first 30 days with the company. In that first month, he personally sponsored 40 people which ultimately grew to thousands. In his first month he earned $60,000.
In less than 1 year, he produced 2 Diamonds, 5 Platinums, 5 Golds and numerous Silvers.
With over 8 years of network marketing experience, Romacio has achieved the highest leadership levels at every company by building strong teams. He has a track record of success in creating systems and more importantly teaching people how to use and apply those systems for their own personal success. He is a much sought after coach, mentor and trainer and

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Rolf Kipp – FLP Top Earner Hits A $1.2 Million Bonus

 
ForEver Living Products German top earner Rolf Kipp has earned a $1.2 Million bonus. He joined FLP in june 1995.
Rolf stated:
Thanks to my parents, I found out about FOREVER. My mom had a kidney disease, which caused her skin to be paper-thin. My father, who unfortunately died 2 years ago, was diagnosed with prostate cancer. All of our friends were trying to help by suggesting different kinds of medications, different types of foods.
At that time (10 years ago), I read an interview with Mr. Rex Maughan, founder of FOREVER and really wanted to found out about their products. I sent fax to United States headquarters and literally next day received a reply from the person who was in charge of German territory. I decided that I should to develop my network

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