Digital currency MLM OneCoin has started in September 2014 by Dr. Ruja Ignatova, who was born in Bulgaria and had her education in the United Kingdom and Germany.
In November – December 2014, the company had about 10,000 paid members. As of May 2015 after another five months 240,000 paid members. The company has set a goal to be over 500,000 paid members before the year end.
The company has a payment frequencies at 80-85 % of all enrolling in the company. Training package costs 130 euros to 5,030 euros. Both management and good leadership structure of the company has made to become a big success.
Compensation plan has a cap on payouts per week at 35,000 euros per position. The company has over 140 members today who earn over 35,000 euros per week. As
Tag Archive for Revenue
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Why Startups Should Consider 'The Bakery Model' When Starting Out
by Zeev Farbman • • 0 Comments
This strategy focuses more on generating revenue from the get-go, rather than relying on capital from outside investors.
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Jeunesse Climbs To No. 38 On DSN Global 100 List With $419 Million In Sales
by Tina Williams • • 0 Comments
Jeunesse Climbs to No. 38 on DSN Global 100 List with $419 Million in Sales. Ranks No. 19 among top 50 North American Direct Selling Companies
Jeunesse Global was named number 38 on the Direct Selling News’ Global 100 List, as well as number 19 on DSN’s inaugural North America 50 list. The company’s continued rise to the top of the direct selling industry follows another impressive year of growth, with 2014 global sales revenue reaching $419 million.
Jeunesse was also recognized as one of only 10 companies to maintain $100 million in sales revenue growth over the previous year. The youth enhancement and healthy living company continues to experience unprecedented growth, with sales in the first quarter of 2015 closing at just under $180 million — a more than 150 percent increase over
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doTERRA Fast Growing, Sales Est. $325+ Million
by Ted Nuyten • • 0 Comments
With more than 1,300 employees, 1 million distributors, and many million-dollar revenue days, doTERRA is dominating the essential oils industry. And with their brand new, state-of-the art campus in Pleasant Grove, they are building strong roots at home in Utah, USA.
doTERRA was previously awarded the 2013 Utah Valley Business of the Year by the Utah Valley Chamber of Commerce, was recently recognized by Pleasant Grove with the Mayor’s award and has now been awarded Business of the Year by Utah Valley BusinessQ.
The Q Awards celebrate Utah County’s top movers and shakers in 2014. There are six categories — Company of the Year, Entrepreneur of the Year, Executive of the Year, Marketer of the Year, Philanthropist of the Year and Headliner of the Year.
“We are honored by the award,” states David Stirling, Founder
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LR Health And Beauty $228 Million In Sales
by Ted Nuyten • • 0 Comments
Germany based LR Health & Beauty Systems GmbH (LR), one of the leading suppliers of premium health and beauty products in direct sales, looks back on a successful 2014 with good results.
“With the intensification of our international activities, we will have to face external factors ahead of us with strong internal potential, more flexibility and higher efficiency. In everything we do, we can trust on the support of our approx. 1,100 highly motivated and qualified employees”
International markets: Significant growth in local currency, strong impact of currency effects
In view of the positive development in 2014, Patrick Sostmann, Spokesman of Board of LR, sees a lot of good signs for the future. “In 2014, LR was again able to sustain its growth in local currency and recorded a significant increase in sales at constant
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Jeunesse Closes Out February With Record $65 Million In Sales
by Tina Williams • • 0 Comments
Jeunesse welcomes over 81,000 new Distributors in February. The company continues to surpass previous records, remaining steady on a path of unprecedented sales growth.
The company has just announced an astounding $65 million in sales revenue during the month of February, boosting combined sales figures for January and February up 148% over those months in the previous year.
This new peak in sales revenue occurred just two months after the company’s previous record month in December, 2014, when Jeunesse achieved $61 million in sales and added more than 68,000 new distributors.
The latest announcement also revealed that Jeunesse added a total of 81,252 new distributors in February alone, with over 8,000 new distributors joining on the final day of the month.
Significant growth in the US and Canada markets was particularly noteworthy. Sales
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Nu Skin Q4 Revenue Down From $1.06 Billion To $609 Million
by Ted Nuyten • • 0 Comments
Nu Skin Enterprises, Inc. (NYSE: NUS) today announced fourth-quarter results with revenue of $609.6 million, the top end of the company’s guidance, compared to $1.06 billion in the prior-year period.
Revenue in the fourth quarter of 2013 was augmented by $350 million in limited-time offer sales of the ageLOC TR90 weight management system. Revenue for the quarter was negatively impacted 4 percent by foreign currency fluctuations.
Earnings per share for the quarter were at the top end of guidance at $0.77, versus $2.02 in the prior-year period. Earnings per share for the quarter were negatively impacted $0.08 by prepayment fees associated with the refinancing of the company’s debt, and $0.06 by foreign currency translation expense.
The company reported full-year 2014 revenue of $2.57 billion, a 19 percent year-over-year decline. Annual revenue was negatively impacted 3 percent by foreign currency fluctuations. Earnings per share for the year were $3.11 compared to $5.94 in 2013.
“Our business performed as we expected for the quarter, and we look forward to a solid 2015,” said Truman Hunt, president and chief executive officer.
“As we review the year, three factors impacted our results. First, our year-over-year comparisons were especially challenging considering that we were lapping a $550 million
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Wake Up Now Looking For A New Investor ?
by Ted Nuyten • • 0 Comments
Wake Up Now leaders would be not pleased with this article, however many former insiders and field leaders are informing Business For Home, and after validating their information, the company seems to be not stable at all.
According to a Wake Up Now Corporate statement:
“We are still recovering from damage done by gamers and scammers. Prepaid cards and chargebacks along with the need to support international growth led us to international merchant processing which is higher fees, delayed processing, and a multi-million dollar rolling reserve”.
It seems Wake Up Now’s deficit is around $15 million and according to macroaxis.com the company has a 96% chance of Bankruptcy within 2 year which states the following:
“Based on latest financial disclosure Wake Up Now Inc has Probability Of Bankruptcy of 96%.
This is much higher than that of the sector, and significantly higher than that of Probability Of Bankruptcy industry, The Probability Of Bankruptcy for all stocks is over 1000% lower than the firm”.
As of today, Wake Up Now stock has been around $1.02, more than ten times less than when it was at $10.70 less than a year ago.
The Wake Up Now market capitalization went down in a year from approx. $200 million to
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Mega Holding Achieves 400% Growth In Sales, Convention Has 15,000 Attendees
by Tina Williams • • 0 Comments
Mega Holdings announced their 2014 achievments of 400% growth in sales with major improvements of their product as well as 7 new Mega Stars. Mega Holdings is an international Direct Selling company providing online web hosting services.
Mega Holdings held 4 conventions last month with a total of 15,000 attendants. Three of those conventions were held in Turkey and one in Germany.
Diyarbekir, Turkey was the host city for the first convention with 4,000 representatives attending. The second convention was held in Istanbul with 7,000 represenatives and the Adana convention with 3,000.
During these conventions Wiesbaden, Germany also hosted 1,000 representatives from the Mega Holdings World team in Germany.
Dr. Hedi Khezrzadeh, international ambassador and the first Member of Million dollar club, addressed the corporate message to costumers and their visions for 2015. Mesut Opengin and Enes Olgun the top million dollar club members and Mega Stars of the company shared their vision and their plans of 2015 as well.
Mahmut Inan, Fatih Yazizci, Selim Doruk, Hasan Acer, Selman Olgun Mahmut Yaman and Hamit Dogan the Mega Stars of Mega Holdings toured all the conventions in Turkey.
The convention in Germany was held by Mega Holdings world team. Kerim Kakmaci, with one of the largest organizations, addressed the visions of the team for Europe in 2015.
Mega Holdings Convention
About Mega Holdings
Mega Holdings
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Fuxion Announces $80 Million In Sales In 2014 + 300%
by Ted Nuyten • • 0 Comments
FuXion has experienced 300% growth, closing out 2014 at the $80 million mark.
The forecast for 2015 is to continue the expansion of the company in North and Central America.
In addition to fantastic leadership, the FuXion difference is the quality of the product, the cost-benefits, technology, and a passion for science.
“My passion was always focused on the development of the products. We have invested a lot of time, effort and money to ensure we have an array of products that cover many of the aspects of physical health and we still have much to do.
However, I have discovered an even greater passion for transformation, through true health.
We have transformed lives of businessmen, entrepreneurs, distributors, families, regions; and we will not stop until we have achieved a positive transformation of this continent, and our world”, said Alvaro Zúñiga, FuXion’s CEO.
Mr. Zúñiga went on to say, “FuXion stands for nutraceutical fusion, which is the combination of cutting edge biotechnology with ingredients and active substances of millenary Andean, Mesoamerican and Asian cultures. We have more than 1500 bioactive principals and 5 patents, the most important being BioProtein+ with colostrum.
With this fusion of our passion for scientific product development, incredible price