Making a living from multi-level marketing

Some Nigerians are earning a living  from  multi-level marketing. One of them is Abiodun Mustapha. Daniel Essiet reports.

Abiodun Mustapha is a wealth empowerment consultant. It was in his quest for financial freedom that he came  about multi-level marketing (MLM).

An Islamic  and Integrated  Science  teacher, the  graduate of Federal College  of Education (FEC), Akoka, Lagos was not fulfilled.

This is because at the end of every month, his take-home pay could not take care of the needs.

He thought of a way out. He recalled that at college, he was introduced to network marketing.  Then, he began with  selling GNLD products. He finally pitched his tent with Trévo, where he claimed, he made over N160 million in less than four years.

Source: http://goo.gl/ZbOFwc

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Future’s sweet if you follow a plan

QUESTION: I’m a 27-year-old, second-year apprentice chef, and recently moved back in with my parents following a breakup. It’s not the best situation but I’m trying to make it work and I see this as a good opportunity to drill down on some debts I’ve accumulated. I owe a little over $6000 on a credit card and personal loan and $15,000 on a car loan. I know that’s not good. But what are the best steps I can take to set myself up for the future and make sure I enter my 30s on the right path?

Kara

ANSWER: It totally sucks to be you right now. Make no mistake, while you’re living under your oldies roof, you’ll have to play by their rules. If they’re not charging you rent or board, they’re effectively giving you money, and that almost always comes with an (emotional) catch.

So, here’s how to make it suck a little less: Put on your big girl pants, sit down with your parents and show them your financial plan.

Here’s a sample one:

First, agree to pay them some form of board (it could be preparing them meals, it might be doing cleaning, it may well be cold hard cash). Whatever it is, it’s important to set the boundaries of what is expected from the get-go.

Second, save $2000 in a high-interest online savings account.

Third, if you have access to public transport, talk to your lender about selling your car and paying down as much of your loan as you can.

Fourth, devote 70 per cent of your after-tax income to paying down your debts.

And, finally, give your parents a definite time as to when you’ll leave the nest — for good.

Source: http://goo.gl/tojjhY

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Javita Experiencing Rapid Growth – Sales Up 150% in 2014

As Javita completes its third full year of business, its annual sales are up more than 150%.

With consistent monthly increases in the numbers of new customers and new members, Javita's sales during 2014 more than doubled from the prior year.

Javita's growth also means more Members are achieving elite leadership ranks, including five new Diamonds and others advancing to Blue Diamond, Royal Blue Diamond and Black Diamond.

In addition, there are currently more than 200 Members driving BMWs that are being paid for by the company as a part of Javita's BMW Car Bonus Program.

Source: http://goo.gl/CemfCt

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North American Power Terminates MLM Program

In an unexpected move, North American Power, an USA energy supplier, stopped the network building part. It seems it is not possible to sign up new network marketing distributors and therefore terminating the business opportunity for MLM professionals.

Kerry Breitbart is the primary architect of the creation of North American Power. Since founding the company with his partner, Carey Turnbull, in 2009 he has designed and created an expertly staffed and highly effective retail energy business. His ability to attract experts in the energy operations, finance, business development and marketing fields has made North American Power an award winning company – one of the fastest growing and most successful in the retail energy sector.

Mr. Breitbart is well known in the energy industry due to his national and regional advocacy activities. He is an influential member of the National Energy Marketers Association Executive Committee as well as the initiator of organized efforts to promote necessary changes to energy deregulation in New England. In addition to having been recognized on a major TV business news channel as an energy expert, he has been a featured speaker at numerous energy industry conferences.

Source: http://goo.gl/6xb9yV

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Pete Zdanis – USANA Hits Foundation Executive Diamond

When an Associate shines so brightly that a company chooses to create an entirely new rank to honor them, it’s a big deal.

USANA Health Sciences, a global nutritional company, has recognized Pete and Dora Zdanis, Independent USANA Distributors from Chester County, PA, USA, as inaugural Foundation Executive Diamonds for their years of exceptional performance and dedication in the company.

USANA honored a total of 31 Distributors from the U.S., Canada and Mexico at a highlevel meeting at its corporate headquarters in Salt Lake City. Each Associate was accredited and given a celebration plaque for their ongoing excellence.

Source: http://goo.gl/pIadjZ

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Trina Mullins Finds Home & Success With Trévo

In 2010, Trina Mullins was working in an office, answering to other people, and never feeling like she had enough time to see her five children. The “corporate rat race”, as she puts it, was weighing heavily on her as she found herself constantly stressed out and worried about her family’s financial future. She also faced daily health issues, including a severe case of asthma that she’d suffered from her whole life.

“I’d just lost hope of really living life to its fullest,” Mullins says. “But I always knew in my heart there had to be a better way, something more out there.”

When Trina was first introduced to Trévo that year, she saw the nutritional supplement as a way for her to take back control of her health. But she had no idea that it would be the “better way” she daydreamed about – the thing that allowed her to break free from the corporate world and reach levels of success she never imagined.

Source: http://goo.gl/OpjNg5

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Foundation 4Life Continues Malaysia Relief Efforts

Severe flooding has displaced hundreds of thousands of people throughout Malaysia and Thailand. More than 100 4Life distributors in Malaysia have been affected by the catastrophe.

As reported by Newsweek, the North-eastern Malaysian states of Kelantan, Terengganu and Pahang have been particularly hard hit. ABC News has described this as Malaysia’s worst flooding in decades, and attributes dozens of deaths to downpour and flash flooding.

With a 4Life office in Kota Baru, a city in the state of Kelantan, Foundation 4Life is teaming with corporate employees and distributors on the ground to provide immediate support.

Source: http://goo.gl/uKz1iK

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Dr. Hani Soudah Joins Nature’s Sunshine Products’ Scientific Advisory Board

Nature's Sunshine Products Inc., a leading natural health and wellness company engaged in the manufacture and direct sale of premium-quality nutritional and personal care products, announced that Hani Charles Soudah, M.D., Ph.D., of the Washington University School of Medicine in St. Louis, Mo., has joined Nature's Sunshine Products' ("NSP") Medical and Scientific Advisory Board.

Dr. Soudah is a doctor of internal medicine with a medical practice in St. Louis. He is an expert in the field of obesity management. His service on the Advisory Board will include assisting with research activities, educating and training NSP and Synergy Worldwide distributors, and speaking at various company events.

"We have already been the recipients of Dr. Soudah's expertise and research, and we look forward to building an even stronger working relationship with him," said Gregory L. Probert, Nature's Sunshine Products' Chairman and CEO. "We are pleased to have him join our growing Medical and Scientific Advisory Board."

Source: http://goo.gl/1DejAD

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Fatih Yazici – Mega Holdings Hits $100,000 Per Month

Fatih Yazici is a Mega Star, one of the top positions in the Mega Holding compensation plan. Fatih was born in Rize, and is living in Istanbul, the largest city in Turkey. He is 23 years young.

Mega Holdings is an international Direct Selling company providing online web hosting services.

He has build up a team of 25,000 members in 4 years and has hit as of January 2015 the $100,000 per month mark.

Mega Holdings  is incorporated in Hong Kong and its Management team is headed by Chairman/Founder Michael Cheng, a successful business entrepreneur with rich experience in network marketing and other business investments in several parts of the world.

Source: http://goo.gl/T6rxEe

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Avon Lays Off Workers – Estimated Up To 600

The trend for Avon is still in a rapidly growing downward spiral. Avon Canada said Monday that it will eliminate most jobs at its distribution centre in Pointe-Claire.

Company spokeswoman Elizabeth Munro declined to specify the number of positions cut. She said that the company would make no statement beyond the press release issued in late afternoon.

A source told the Montreal Gazette that Avon employees were told Monday that most jobs would be gone by April while some jobs would remain until July to allow for training of new personnel. The source, who did not want to be identified, said about 600 jobs would disappear at the Pointe-Claire facility.

Source: http://goo.gl/N2HMVa

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Synergy WorldWide Announces New CEO

In a letter to their distributors online, Synergy WorldWide announced the appointment of their new CEO:

On December 15th, Nature’s Sunshine Products announced an internal reorganization of the company with the objective of intensifying the focus of key resources on the major growth opportunities that exist in the years ahead.

As part of this reorganization, Wynne Roberts has been appointed Chief Executive Officer of Synergy Worldwide, with responsibility for the Synergy Worldwide business as well as NSP’s business in Russia, Central, and Eastern Europe. For Synergy, Dan Norman will continue his good work as President of Synergy Worldwide.

Source: http://goo.gl/WkdXY6

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Singapore Launches An Accreditation Organization For Direct-Selling Companies

The Consumers Association of Singapore (CASE) and the Direct Selling Association of Singapore (DSAS) on Thursday (Jan 8) announced the launch of their joint accreditation scheme, and more than 10 direct selling businesses have already been accredited.

Direct selling is a practice in which products are sold from no fixed location.

With the launch of the CaseTrust-DSAS Joint Accreditation Scheme, consumers can expect the following:

• A cooling off period of seven working days (excluding Saturdays, Sundays and Public Holidays), during which consumers may seek full refund of payment made
• An order form at the time of sale, with clear and accurate contact details of the direct seller
• A well-defined complaint mechanism put in place by the business to address disputes

Source: http://goo.gl/CD3v7R

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Big Plans For Herbalife: Opening $100 Million Plant And Planned Counter Attack Against Ackman

ValueWalk reported:

Fox Business Network’s (FBN) Charles Gasparino reports Herbalife Ltd. (NYSE:HLF) is planning a counter attack on Pershing Square Capital CEO Bill Ackman, following the cancellation of a meeting with Herbalife by Ackman. Gasparino reports, “people inside Herbalife are telling me that it could be legal,” possibly “a lawsuit about stock manipulation.”

On Herbalife planning a counter attack against Bill Ackman:

“They are planning some sort of counter attack. People inside Herbalife are telling me that it could be legal, clearly like a lawsuit about stock manipulation or something else. What they are saying is they are clearly going to do an attack.”

Source: http://goo.gl/ewb9om

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ARIIX Surpasses $3 Million Per Week

ARIIX is setting the pace. In only three years since its founding, ARIIX is making waves in the network marketing industry by establishing an explosive rate of growth, reaching $1 million per week in year one and $2 million per week in its second year.  In its first week of 2015, ARIIX surpassed the $3 million per week landmark.

And there are no signs of slowing. According to the coveted Direct Selling Association 2013 Top 100 performing global company list, based on current sales, ARIIX is now in the top 100 and set to break into the top 50 within the next two years, making ARIIX one of the fastest-growing companies in history.

Just in the last year alone, ARIIX posted a staggering year-over-year growth rate that nearly doubled sales (93.9%). This was led by Japan, which grew at 150%, followed by Taiwan at 125%. The US, Canada and the Netherlands all posted significant growth rates at more than 45% each.

Source: http://goo.gl/wHmlGX

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Trevo Announces 2015 Trip Award Program

Trévo is once again proving that hard work in their network doesn’t go unnoticed, as it has announced an amazing Trip Award Program for its members in 2015. As part of the promotion, Trévo will be sending its top performers on a luxurious getaway to a dazzling resort destination.

In 2015, Trévo Life and Health Coaches that earn Director-level rank will be rewarded with an amazing retreat to a luxurious resort in their country or region. These members will be able to kick back and relax with other Director-level members on an all-expense paid getaway, and celebrate the extraordinary success they achieve through Trévo.

Life and Health Coaches that earn Executive- or Diamond-level rank will take an all-expense paid, out-of-country trip hosted by Trévo CEO, Mark Stevens, and his wife and Trévo Co-Founder, Holli Stevens!

Source: http://goo.gl/9c9j6G

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Dubli Has Paid $1 Million Sign Up Bonus For A Top Leader

According to well informed sources, Dubli has paid $1 million sign up bonus in cash or shares for a top leader.

It brings up the insider discussion whether or not this is ethical, as team members of that paid leader will most likely not get the same deal.

Kevin Thompson, the MLM attorney stated on his Facebook page:

"I have been dancing around this issue for 4 months. I felt like openly talking about it would somehow get me into trouble for ruining a fun party.

But enough is enough, and here's the truth: the practice of providing people with extra incentives ON TOP OF THE PAY PLAN without disclosure…it's fraud.

And it needs to stop. It's created a recruiting frenzy devoid of honor.

As it turns out, the majority of network marketing companies refuse to cut these sorts of deals".

Source: http://goo.gl/0vZ5RR

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Firm Introduces Network Marketing System for Distributors

Nigeria’s network marketing industry received a boost over the weekend following  the  deployment of a global marketing system for the distributors of a leading network marketing company whose products are aloe vera based.

The USA franchise, Paragon MLM system, is a standardised operating procedure, which provides network marketers three personalised websites.

The websites are:Paragon attraction, to sponsor prospects into their teams; Paragon beauty, to sell their company’s aloe based beauty products; and Paragon wellness, to sell their company’s aloe based health products.

Source: http://goo.gl/C3TzuB

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Herbalife Hits new 52 Week Low

Herbalife (NYSE:HLF)’s share price reached a new 52-week low during mid-day trading on Monday , Analyst Ratings News reports. The stock traded as low as $35.10 and last traded at $35.12, with a volume of 908,464 shares trading hands. The stock had previously closed at $37.58.

HLF has been the subject of a number of recent research reports. Analysts at Buckingham Research downgraded shares of Herbalife from a “buy” rating to a “neutral” rating in a research note on Monday. Separately, analysts at Barclays cut their price target on shares of Herbalife from $80.00 to $74.00 in a research note on Friday, November 21st. They now have an “overweight” rating on the stock. Finally, analysts at BTIG Research initiated coverage on shares of Herbalife in a research note on Wednesday, November 19th.

They set a “buy” rating and a $55.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the company. Herbalife has an average rating of “Hold” and an average price target of $64.30.

Source: http://goo.gl/4fQ1QB

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Kiplinger Says Direct-Selling Is One Of 5 Ways To Make More Money In 2015

A recent article in Kiplinger shares the following:

Of the many strategies to get ahead financially in 2015, one surefire approach is to make more money. You might be thinking that’s easier said than done. But it isn’t as hard as it might seem, considering the multitude of cash-generating opportunities.

In fact, here are five great ways to put more money in your wallet this year.

Ask for a raise. If you’re an employee, the obvious way to earn extra cash is to ask for it – if you deserve it, that is. So before you barge into your supervisor’s office demanding more money, build a strong case for a raise. Prepare a list of your accomplishments and how they’ve benefited the company, especially its bottom line.

Source: http://goo.gl/5hbYoD

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Carl And Kathy LaMarr Are Isagenix’ Newest Millionaires

“You can’t get stuck on something that’s beyond your control,” says Carl. “You just move on and keep going.”

That’s the continuous belief and vision of Utah-based couple Carl and Kathy. Between achieving their degrees, and owning and running their own restaurant franchises, to taking the plunge to run their Isagenix business, these two are avid entrepreneurs.

“Part of our goal in life was to get to the point where I could quit my job, move closer to our four kids, and also renovate a house,” describes 53-year-old Carl. “We’ve finally done that and it’s been a fantastic journey.”

Source: http://goo.gl/fWU5gu

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LR Health & Beauty Systems GmbH: More Quality for Your Life

LR Health & Beauty Systems GmbH

Ahlen-based company sets new standards with beauty and health products for 30 years

AHLEN, Germany- This year LR Health & Beauty Systems GmbH celebrates its 30th anniversary. Since its foundation in 1985, the Ahlen-based company has become one of the world's leading suppliers of premium health and beauty products in direct sales. The original idea was to sell high-quality perfumes at affordable prices through external and independent sales partners. This laid the foundation for LR. Today, the comprehensive range offered by LR includes perfumes, dietary supplements as well as personal care and decorative cosmetics. LR is a dedicated expert for aloe vera and anti-ageing products, which make up two of the company's core segments. With an annual harvest of 4.2 tonnes of aloe vera, which corresponds to around 24 million leaves of the lily of the desert, LR is one of the world's largest manufacturers of aloe vera products. Over the last three decades, the company has not only continued to extend its product portfolio but also responded to social trends and changes through strategic realignment. The most recent example is the new customer online shop which was launched in Germany in 2014 and offers end consumers the possibility to order LR products 24/7.

Source: http://goo.gl/x13Wjg

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Tupperware Brands Corporation Announces Fourth Quarter 2014 Earnings Conference Call Webcast

ORLANDO, Fla., Jan. 5, 2015 (GLOBE NEWSWIRE) -- Tupperware Brands Corporation (NYSE:TUP) will release its fourth quarter 2014 earnings results on Wednesday, January 28, 2015, prior to the opening of the market, followed by its earnings release conference call at 8:30 a.m. Eastern Time (7:30 a.m. Central Time). To participate in the call, dial 678-905-9434, code: 57266028.

This call is being webcast by NASDAQ OMX and can be accessed at www.tupperwarebrands.com.

The webcast is also being distributed through third party distribution channels, including the StreetEvents Network operated by Thomson Reuters (Markets) LLC and its affiliates.

Tupperware Brands Corporation is the leading global marketer of innovative, premium products across multiple brands utilizing a relationship based selling method through an independent sales force of 2.9 million. Product brands and categories include design-centric preparation, storage and serving solutions for the kitchen and home through the Tupperware brand and beauty and personal care products through the Armand Dupree, Avroy Shlain, BeautiControl, Fuller Cosmetics, NaturCare, Nutrimetics, and Nuvo brands.

Media Contact
Lien Nguyen

407-826-4475

Source: http://goo.gl/vIwIBL

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Short Interest in Avon Products Increases By 16.6% (AVP)

Shares of Avon Products (NYSE:AVP) saw a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 57,793,390 shares, an increase of 16.6% from the November 28th total of 49,566,171 shares, Stock Ratings Network.com reports. Based on an average daily volume of 11,467,182 shares, the days-to-cover ratio is currently 5.0 days. Currently, 13.3% of the shares of the stock are sold short.

A number of analysts have recently weighed in on AVP shares. Analysts at BMO Capital Markets downgraded shares of Avon Products from a “market perform” rating to an “underperform” rating in a research note on Tuesday, December 23rd. They now have a $7.00 price target on the stock, down previously from $10.00. Separately, analysts at Piper Jaffray initiated coverage on shares of Avon Products in a research note on Wednesday, December 17th. They set a “neutral” rating and a $9.00 price target on the stock. Finally, analysts at Citigroup Inc. cut their price target on shares of Avon Products from $11.00 to $10.00 in a research note on Wednesday, December 17th. They now have a “neutral” rating on the stock. One research analyst has rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the stock. Avon Products currently has an average rating of “Hold” and a consensus target price of $12.32.

Source: http://goo.gl/dcQ7ob

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Jimmy Buffett headed to Amway Center in Orlando

It's 5 o'clock somewhere, as the song goes, and it'll be happy hour for Jimmy Buffett fans soon at Amway Center in Orlando:

Jimmy Buffett and the Coral Reefer Band are slated to return to Orlando for an April 16 show at Amway Center, part of the "Margaritaville" man's 2015 "This One's For You" tour. Tickets -- at $34, $84 and $133.50 (before fees) -- go on sale to the general public at 10 a.m. Friday, Jan. 9 at the Amway Center box office, Ticketmaster.com and charge-by-phone at 1-800-745-3000.

Got something to say? Start the conversation and be the first to comment.

Buffett always brings along a built-in celebration, but this year will specifically be marking the 40th anniversary of the career-defining success of his landmark "A-1-A" album. That release featured signature songs such as "A Pirate Looks at Forty" and "Trying to Reason With Hurricane Season."

In more recent years, Buffett has found his way into a corner of the country music realm, with his hit collaboration with Alan Jackson on "It's 5 O'clock Somewhere" and a cover of Hank Williams' "Hey, Good Lookin'" with Jackson and George Strait.

Source: http://goo.gl/5t3PWB

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MLM and Direct Sales: What to expect in 2015 of Network Marketing Market?

We started the year 2015 with large and positive outlook on the future of MLM and direct sales in Brazil and worldwide.

We formulate our theory, based on the behavior of the best known companies and that were released in the last quarter of 2014.

The behavior of the largest companies and new, following a technical standard, which aims primarily meet standards created from blocks of Telexfree BBOM and powerful, as it would be different, because there is no specific law on the subject.

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Primerica; Bad Company, Compelling Stock

Summary

• Primerica is not like other financial and insurance companies.
• At its heart, it is a deceptive MLM.
• Despite its flawed business model, Primerica could represent a value play.

When reading Primerica's (NYSE:PRI) annual statements and presentations, investors are told that Primerica is a leading insurance and financial services company. In reality it is nothing more than a multi-level marketing company that sells term insurance and some investment products through various partners. Making the distinction between a financial company and a MLM is key to understanding the Primerica business model. While Primerica's shares have done well since the 2010 IPO, the business has stalled for years. EPS growth is almost entirely reliant on the share buyback. Regulatory issues in the Canadian business and low exposure to increasing interest rates will have long negative effects on the business. Short term, however, recruitment trends and proper capital deployment will positively grow EPS.

Source: http://goo.gl/wkrm21

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