I just came back from the ANMP convention ( Association Of Network Marketing Professionals) in Dallas, Texas, USA and as always it was exciting to see so many very enthusiastic network marketers. As usual the speakers and the panels were outstanding.
One of the people I talked to was John Haremza. Just as an aside, his talk on Mindset was a crowd favorite.
I asked how he was enjoying the event.
In his opinion he believes the annual AMNP is one of the best, if not the best generic event in industry.
John was excited about meeting with his first mentor, who stopped John and complimented him on his talk (ironically it was a lot of Jeff’s content from so many hears ago).
“Jeff was my trainer from almost 30 years ago” and recently highlighted on my site as one of the most most successful network marketing leaders ever.
To John spending an hour with Jeff Roberti was his highlight of the event. As John said, “He is a genuine and kind person. It was for me a star struck moment. This is the man who I have always emulated and quoted, the person who got me started right”.
Jeff Roberti and John Haremza in Dallas
John used his
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Kannaway Q1 Revenue Up 325% To $7.5 Million
by Ted Nuyten • • 0 Comments
Medical Marijuana, Inc. (OTC: MJNA), the first-ever publicly traded cannabis company in the United States, today announced that the company and its subsidiaries Kannaway and HempMeds have booked their largest-ever sales revenue quarter in their history in Q1 2018, as well as reached major milestones in its business operations.
Medical Marijuana, Inc. Q1 2018 revenues exceeded $10.5 million, an increase of more than 190% over Q1 2017.
Total gross profits for Q1 2018 increased more than 30% as compared to Q1 2017.
Wholly-owned subsidiary Kannaway saw the most growth from Q1 2017 to Q1 2018, with Q1 2018 revenues increasing more than 325% to $7.5 million.
The company experienced many accomplishments in Q1 including launching its newest subsidiary Phyto Animal Health, which produces and distributes cannabidiol (CBD) and hemp products for companion animals; achieving registration of its Real Scientific Hemp Oil-X™ (RSHO-X™) and RSHO™-Blue Label products as medicines by Paraguay’snational health regulation organization (Dirección Nacional de Vigilancia Sanitaria); and being named a “Top Three Hemp Producer of 2018.”
“In Q1 2018, we had the best revenue quarter in the history of our Company,” said Medical Marijuana, Inc. CEO Dr. Stuart Titus.
“We’re excited that, with the help of our investors, spokespeople and customers, we’ve experienced tremendous growth and the company is positioned well for continued explosive expansion.”
Medical Marijuana, Inc. also garnered positive news coverage in several national and international
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Six tips for success in your fitness business
by Anna Jordan • • 0 Comments
The UK health and fitness industry is growing. It’s a trend primarily driven by the private sector, which now has more clubs, members and market value than ever before. The 2017 State of the UK Fitness Industry Report by Leisure DB also revealed there are now more than 9.7 million fitness members in the UK,
The post Six tips for success in your fitness business appeared first on Small Business.
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Youngevity Q1 Sales Up 11% To $43 Million
by Ted Nuyten • • 0 Comments
Youngevity International, Inc. (NASDAQ:YGYI), a leading omni-direct lifestyle company, today reported financial results for the first quarter ended March 31, 2018.
2018 First Quarter Highlights:
Revenues increased 11.0% over the prior year to $43.0 million
Gross Profit increased 14.4% to $25.0 million compared to the prior year
Adjusted EBITDA increased to $1.5 million compared to negative $1.2 million in the prior year
The Coffee Segment posted 39.9% revenue growth over prior year
Steve Wallach, Chairman and CEO of Youngevity stated, “We are pleased to see revenue growth for both segments in the first quarter. Our international markets are beginning to contribute more significantly to overall revenue lead by top line growth coming from Asia. We believe this overall growth is sustainable in the coming quarters.”
Dave Briskie, President and CFO of Youngevity said, “We have been focused on the fundamentals as we entered 2018. We feel we made significant progress by improving adjusted EBITDA and strengthening our balance sheet as well. The recent financing and debt conversion contributed significantly to the improvement in our Stockholders’ Equity and will help reduce borrowing costs in the coming quarters.”
FIRST QUARTER 2018 FINANCIAL RESULTS
Revenues increased 11.0% to $42,994,000 in the current period as compared to $38,733,000 for the same period last year. We
Hot Business News Today
Mannatech Q1 Revenue Up 2% To $41.4 Million
by Ted Nuyten • • 0 Comments
Mannatech, Incorporated(NASDAQ: MTEX), a global health and wellness company committed to transforming lives to make a better world, today announced financial results for its first quarter of 2018.
First Quarter Results
First quarter net sales for 2018 were $41.4 million, an increase of $0.8 million, or 2.0%, as compared to $40.6 million in the first quarter of 2017.
For the three-month period ended March 31, 2018, our net sales declined 2.5% on a constant dollar basis (see Non-GAAP Financial Measures, below) as compared to the same period in 2017, while favorable foreign exchange caused a $1.0 million increase in GAAP net sales as compared to the same period in 2017.
Loss from operations was $0.9 million for the first quarter 2018, as compared to a loss of $2.0 million in the same period in 2017. Net loss was $0.3 million, or $0.10 per diluted share, for the first quarter 2018, as compared to a net loss of $1.2 million, or $0.46 per diluted share, for the first quarter 2017. Loss from operations included approximately $1.1 million in non-recurring costs related to the corporate office move.
For the three months ended March 31, 2018, Mannatech’s operations outside of the Americas accounted for approximately 66.9% of Mannatech’s consolidated net
Hot Business News Today
LifeVantage Q3 Revenue Up 12.3% To $50.6 Million
by Ted Nuyten • • 0 Comments
LifeVantage Corporation (Nasdaq:LFVN) today reported financial results for its third quarter ended March 31, 2018.
Third Quarter Fiscal 2018 Summary:
Revenue increased 12.3% to $50.6 million year over year and 2.2% sequentially;
Revenue in the Americas increased 10.6% and revenue in Asia/Pacific & Europe increased 18.0% including a 10.1% increase in Japan, both on a year over year basis. On a sequential basis, all geographical regions generated growth, with the exception of Japan, which followed its typical seasonal pattern from the second to third quarter;
Active independent distributors stayed consistent and active preferred customers decreased 0.9% year over year and increased on a sequential basis 1.6% and 1.9%, respectively;
Adjusted EBITDA increased 109.8% year over year to $3.4 million;
Earnings per diluted share were $0.12, up from $0.00 in the prior year period; and
Adjusted earnings per diluted share were $0.12, up from $0.03 in the prior year period.
”We are pleased to report stronger third quarter sales growth on both a sequential and year over year basis,”
stated LifeVantage President and Chief Executive Officer Darren Jensen.
“We are beginning to see the benefits of our 2018 key initiatives, which are driving sales growth and improvements in our key metrics. March was the highest recruitment month in three years and
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Starbit Achived 50,000 WalkyBit Users Worldwide
by Ted Nuyten • • 0 Comments
Starbit International uses a compensation plan with 10 different earning centers, that claims to be full compliance worldwide as there are no fees to subscribe, nothing to buy, and distributors are rewarded only from the sales of services.
Starbit idea to combine a well designed App to certify users’ daily “physical activity” with the green concepts and a better future: secure, ecologic, right and free.
Moving for health, saving C02, helping the environement, living a 100% wellness lifestyle and getting useful tips in a growing market, having fun: learning by doing and playing.
This concept is now expanding to the next level: WalkyFit is a Data transmitting free App that anyone can use for free.
WalkyBit data access is the gaming service (5 days free trial) that converts all movements (certified by the App) into tokens.
Up to now users received tokens by the CNTF community. Over 24 million coins belong to new users thanks to this patent pending technology .
And day by day the company receive many requests from other communities, very soon a second new community will be added, and a third one in few weeks.
The idea is to transform WalkyBit Data Access into an “Hub” that contains many opportunities and different tokens.
Luana
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Plexus Worldwide Achieves $562 Million In Revenue In 2017
by Ted Nuyten • • 0 Comments
Plexus Worldwide (Plexus), a worldwide, leading direct-selling health and wellness company focused on health and happiness, was recognized by Direct Selling News as the #39 globally on its List of Top Revenue Generating Direct Selling Companies.
The ranking is based on 2017 revenue reported by each company, with Plexus coming in at $562 million.
The DSN Global 100 is a collective effort to show the impact and potential of the $184 billion direct selling channel. The 2018 ranking, unveiled online at DirectSellingNews.com and featured in the June issue of Direct Selling News (DSN) magazine, represents aggregate revenue of more than $82 billion from companies based in 17 countries. The DSN ranking shows growth for Plexus, which increased revenue by $30 million over the previous year while maintaining its ranking.
In April, DSN also named Plexus one of the “Best Places to Work” in the industry. Only a dozen other direct selling companies earned this recognition, and all were considered equal honorees and recognized collectively.
“We are so proud of all our Ambassadors and corporate team members who work so hard to make Plexus an organization that proves itself year after year in a crowded direct selling industry,”
said Tarl Robinson, CEO and Founder
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ARIIX Recognized For Company Wide Growth
by Ted Nuyten • • 0 Comments
ARIIX, an international opportunity company promoting healthy, toxin-free living, is proud to announce its ranking as No. 78 on the Ninth Annual Direct Selling News (DSN) 100 List.
Every year DSN, the leading publication for the direct selling industry, recognizes the top 100 revenue-generating direct selling companies around the world to assist entrepreneurs seeking opportunities within this lucrative industry.
ARIIX has been included on the DSN 100 since 2015, starting at No. 95, advancing to No. 91 in 2016 and No. 82 in 2017, and now achieving No. 78 in 2018 due to the collective achievements of the entire ARIIX Family.
When creating the DSN 100 List, DSN considers sales figures, global reach, number of Representatives and number of employees, all of which have consistently grown for ARIIX at an exponential rate.
“What an incredible feeling to be recognized as one of the top 100 directing selling companies in the world four years in a row!”
says Riley Timmer, ARIIX COO and Founder. “
We’re very proud of the incredible teamwork and dedication among our Representatives, management teams and employees. We’re honored by those who have chosen to partner with ARIIX, and we will continue to climb mountains for them!”
ARIIX has consistently received recognition for
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Isagenix Achieves $6 Billion In Cumulative Global Sales
by Ted Nuyten • • 0 Comments
Isagenix International, a global health and wellness company providing nutrition and lifestyle solutions, is celebrating a significant milestone: $6 billion in cumulative global sales.
The milestone, reached in mid-April, is the latest evidence of the company’s impressive growth and performance since it launched in 2002. Isagenix now operates in 16 markets across the world and has nearly 600,000 customers globally.
“I’m thrilled to see Isagenix pass another milestone that is representative of the positive impact we are having on so many lives around the world,”
said Isagenix Chief Executive Officer Travis Ogden.
“This growth increases our ability to connect customers in multiple countries with our exceptional solutions so they can live their best lives, which is incredibly gratifying for our company.”
Isagenix employees at the world headquarters in Gilbert and in the company’s international offices celebrated the $6 billion mark with a special Share the Shot® moment featuring the company’s e+™ energy shot and other Isagenix products. Executive leadership team members distributed the energy shots at the Gilbert headquarters, and Erik Coover, Isagenix senior vice president of global field development and culture, led employees in the celebration.
Additional Isagenix milestones include two honors from Direct Selling News magazine. The publication recently named Isagenix one of