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Hot Business News Today

Ryte Launches As The First Benefit Corporation In The Direct Sales Industry

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Ryte is honored to launch as the first Benefit Corporation in the Direct Sales industry. Ryte is a giving company, and offers its Members the opportunity to live an active, healthy lifestyle and at the same time give back to causes, people, and programs they are passionate about.
Ryte’s product lineup is designed to help in areas where most people struggle, including energy, weight loss, mood, relaxation, and sleep (www.ryte.com).
Benefit Corporations are a new class of corporation that are legally required to 1) create a material positive impact on society and the environment; 2) meet higher standards of accountability and transparency; 3) provide consideration to the interests of workers, the community and the environment and; 4) publicly report on overall social and environmental performance each year. 
“We feel very strongly that corporations should give back and make a positive impact on society. When I learned about Benefit Corporations it aligned with my beliefs about how a company should act, and provided the perfect platform to launch a massive giving movement,” said Founder, CEO, & Chief Giving Officer, Jeff Wilson.

“We couldn’t be prouder to be the first Benefit Corporation in our industry, and to be a part of the growing movement

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Hot Business News Today

Tupperware Struggled Greatly In 2014

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For Tupperware Brands Corporation, 2014 has almost been the inverse of 2013.
The stock started 2013 near $62 levels and continued to move higher to end the year at over $90, whereas in 2014 the stock started to decline from the $90 plus levels and currently trades near $64 levels. With 90 percent of its revenues coming from overseas and dollar riding high vs. other currencies, the future also doesn’t seem pleasant for the company.
Tupperware Chairman and CEO, Rick Goings, was on CNBC to discuss how strong dollar is impacting the company and the measures taken by the company to limit its impact.

“Its peaks and valleys with regard to it. We have done regression analysis, we have had a market basket of about 45 countries and when you put it all together, yep, this year, it’s a headache, but sometimes you’re a windshield and sometimes you’re the bug and over a decade it’s been pretty neutral,” Goings said.

Emerging markets that Tupperware is focusing on are showing signs of weakness. When Goings was asked the outlook for his company keeping this in perspective, he replied, “Well, I think we’ve got enough currents that are the wind at our back in these emerging markets. The big

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Stormy Wellington Reaches Regional Director with Total Life Changes

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In just five weeks, Stormy Wellington, renowned Internet marketer, has reached the rank of Regional Director with Total Life Changes.
Stormy was introduced to Total Life Changes by Kenny & Chante Lloyd (Global Directors in TLC from Houston, Texas) and joined TLC on October 30, 2014.
Stormy has quickly made her way up the ranks. “I believe in moving fast… the speed of implementation creates the speed of your success. I first launched my business through a series of conference calls. Then I planned and implemented Iaso™ Tea parties, where I created a SkinnTea movement,” Stormy explains.
Her steps to success include teaching her members to “know the number in order to hit the number.” Stormy’s first short-term goal was to get binary team qualified and then sell the heck out of Iaso™ Tea and NRG to customers.
“This is all part of the Retail to Recruit System, inviting others to experience the results from these amazing products. Getting them on these products as customers first and then sharing the business opportunity to help them financially. I want to help as many people as possible to reach the Director Rank and earn an extra $2,000 a month and beyond,” adds Stormy.
What

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Visalus’ Damien Canerot On Building A Legacy

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Damien Canerot was first introduced to Nick Sarnicola and Blake Mallen when he was a student in college. That’s also when he attended his first National event—almost a decade ago.
Years of loyal perseverance have gotten him to where he is today—a thriving 1-Star Ambassador worth over $500K, living in California’s Bay Area. Here are 14 of our favorite Damien Canerot quotes… dare we say many of which are words to live by.
1. It’s been special to see the evolution of ViSalus over the years, from very modest beginnings to everything we’ve now established as a Challenge culture.
2. I made the decision to go for it. I admit to achieving slower success as a first-time Promoter, but I had the opportunity to be mentored and surrounded by aspiring entrepreneurs.
3. I’ve faced challenges and success as a Promoter over the last decade. It’s been both rewarding and humbling at the same time.
4. The Vi-Life has been rewarding to say the least. I’ve traveled to many new cities across the country, taken cruises, and had countless celebrations.
5. Vi provides a big gift people don’t always talk about: an atmosphere for personal growth and development.
6. My advice for anyone looking to achieve success in any area of life is to be clear about what you

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Hot Business News Today

Amway Defends Direct Selling, Touts ‘Made In The USA’

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Amway surpassed Avon Products in 2012 to become the world’s largest direct-selling company, thanks to a steady, drama-free international expansion over the years into key markets like China, a bigger focus on nutrition products, which are less prone to sales fluctuations than beauty products, and the ability to attract and keep sales representatives (whom Amway calls ABOs, for ‘Amway Business Owners,’ and who now number 3 million.)
In 2013, its sales rose 4.4% to $11.8 billion, helped by growth in China, its biggest market, and one where Avon’s business has collapsed since a big bribery scandal hit that company a few years ago. (Avon’s business is struggling in almost every key market.)
As a privately owned company, Amway has been spared the drama that has slammed some of its other direct-selling peers that faced regulatory and investor scrutiny: personal care products maker Nu Skin Enterprises  NUS -3.63% was fined earlier this year by Chinese authorities over its product claims, while nutrition company Herbalife  HLF -0.10%  is in the throes of a battle with activist billionaire investor Bill Ackman, who claims it is operating an illegal pyramid scheme.
Amway Chairman Steve Van Andel, the son of one of the company co-founders, recently spoke with Fortune about criticisms of the direct-selling business model, its China success,

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Total Life Changes’ TEAM USA Power-Couples Celebrate 1-Year Anniversary

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In just a few days, Total Life Changes TEAM USA members Kenny & Chante Lloyd, Gregg & Lenika Scott and Erwin & Twiler Portis will kick up their feet and look back on their many accomplishments in just one year of business with TLC. These couples are no strangers to success.
Former top earners in the Industry with a proven track record, they have made their mark in the United States once again. This team of accomplished business partners are responsible for the tremendous growth that TLC has seen since they arrived on the set.
As Kenny Lloyd would say, “Documentation beats conversation.” And they have plenty of documentation in just one year. Since this team has joined Total Life Changes in December 2013, corporate numbers have gone through the roof. Team USA is averaging over 600 new members per week with over 11,000 members signed up in less than twelve months.
“We have set record numbers in sales and new affiliates week after week and we are just so blessed to be a part of this wonderful company,” adds Lenika Scott. The team is focused on generating a tremendous amount of revenue by next year. Their motto has become,

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Top Earner Josh Zwagil Launches MyDailyChoice

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Josh Zwagil, a top income earner in the industry, has resigned from his previous company to launch his own Network Marketing company called MyDailyChoice.
In Josh’s last company, he built an organization of 50,000 distributors and traveled the world speaking, coaching, and mentoring.
 
Josh has launched MyDailyChoice, a daily brand company committed to providing the highest quality products and services across the hottest industries. The first product line is a nutritional spray line with 3 cutting edge products: Peak, Boost, and Shield.
These products contain a variety of healthy ingredients and super fruits such as Deer Antler Velvet, Mangosteen, Acai Berry, Maqui Berry, Yerbamate, Raspberry Ketones, Goji, Noni, Ionic Minerals, and Coral Calcium.
MyDailyChoice utilizes an aggressive online marketing system to spread their opportunity to the masses. MyDailyChoice wants to be one of the only companies in Network Marketing history to bridge the gap between traditional offline marketing and new age online marketing.
With a compensation plan that pays out 85% of sales volume, a platform shipping into 150 countries day 1, a revolutionary fear of loss marketing system, cutting edge products, and low affordable entry fees, Josh believes that MyDailyChoice will be a dominant player in the industry.

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ForeverGreen – FG Xpress November 2014 Sales Increase 190%

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ForeverGreen Worldwide Corporation, a leading direct marketing company and provider of health-centered products, announced today that November 2014 revenue exceeded November 2013 sales by more than 190%.
“Last year the company saw a decline in sales from October to November. We are pleased to report November 2014 revenues stayed consistent with last month, again exceeding $5.8 million. The company remains on track to report a new record in quarterly sales and expects to finish the year within the guidelines of the most recent guidance of $56-60 million.
We have had a tremendous year of growth and expect to see that growth continue during 2015. We expect to issue 2015 guidance shortly, but preliminary projections are indicating revenue growth for next year to exceed 50%. Along with the growth in number of new members and new logistical delivery solutions, as well as new products, we believe ForeverGreen will continue to have a positive impact all over the world,” said Jack Eldridge, CFO.
ForeverGreen Worldwide Corporation develops, manufactures and distributes an expansive line of all natural whole foods and products to North America, Australia, Europe, Asia and South America, including their new global offerings, PowerStrips, SolarStrips and BeautyStrips.
They also offer Azul and FrequenSea(TM),

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CVSL, Direct-Selling Acquisition Company, Requests To Raise $100 Million

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CVSL Inc.[NYSE MKT: CVSL] said today that is has filed a  shelf registration statement on Form S-3 with the U.S. Securities and Exchange Commission (SEC) to allow the Company to raise up to $100 million in incremental capital on an as-needed basis for acquisitions and general working capital. 
The registration statement also includes a sales agreement prospectus that would allow for the sale of up to $25 million in at-the-market (ATM) offerings. 
The registration statement has been filed, but has not yet become effective.  At the present time, the Company has no specific plans to issue securities under the registration statement.  If and when the registration statement is declared effective by the SEC, the Company will be able to offer and sell, from time to time, up to $100 million of securities such as common stock, preferred stock, debt securities, warrants, units or any combination thereof. 
Following the effectiveness of the shelf registration statement, the Company may periodically offer one or more of the registered securities in amounts, at prices, and on terms to be announced when, and if, the securities are offered.  The terms of any securities offered under the registration statement, and the intended use of the net proceeds resulting therefrom, will

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Hot Business News Today

Melaleuca Making Great Strides

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Melaleuca Company founder Frank Vandersloot shared how he grew his company into a billion dollar enterprise.
Vandersloot spoke at the Greater Idaho Falls Chamber of Commerce CEO Speaker series.
Melaleuca is based in Idaho Falls and is the largest manufacturer of packaged goods in the Northwest, focusing products on wellness.
The company is currently putting the finishing touches on a new headquarters just south of Idaho Falls.
Vandersloot says he’s excited to get everyone back under the same roof together.

“We are totally moved in right now.  It was a process that took two weeks but one thing that I am really excited about, it took no longer than two hours for every employee.  So every employee that moved which was like 1,700 folks, the most they were down was two hours a piece,” says Melaleuca founder, Frank Vandersloot.

Frank Vandersloot was just selected for the Horatio Alger Award for entrepreneur’s and the award recognizes spirit of free enterprise.
Past winners include Astronaut Buzz Aldrin, President Ronald Regan and country music legend Johnny Cash.
Although these are positive accolades for Melaleuca. The company is still under scrutiny from the industry. Compensation plan changes are still kept discreet and Vandersloot continues to deny that Melaleuca is a multi-level-marketing company, although it

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