USANA Q4 Revenue Up 22.3% From $186 Million To $227 Million

February 12, 2015, 11:02 am

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USANA Health Sciences, Inc. today announced financial results for its fiscal fourth quarter ended January 3, 2015. The Company also provided net sales and earnings guidance for 2015.

Financial Performance

For the fourth quarter of 2014, net sales increased by 22.3% to $227.9 million, compared with $186.3 million in the prior-year period. The fourth quarter of 2014 was a 14-week quarter as compared to a typical 13-week quarter in the prior year period. The Company estimates that this extra week contributed approximately $16 million to net sales for the quarter. The increase in net sales was driven by 31.7% growth in the number of active Associates, largely as a result of strong growth in the Company’s Asia Pacific region. Net sales, on a comparative basis, were negatively impacted by $6.3 million due to a strengthening U.S. dollar.

Net earnings for the fourth quarter increased by 5.0% to $21.3 million, compared with $20.3 million during the prior-year period. This increase was driven by higher net sales and improved gross margins, which was partially offset by higher operating expenses. On a relative basis, Associate Incentives expense increased 170 basis points due to the incentive program that the Company offered during the fourth quarter. Earnings per share for the quarter increased 17.0% to $1.65, compared with $1.41 in the fourth quarter of the prior year.

This increase in earnings per share was attributable to higher net earnings and a lower number of diluted shares outstanding due to the Company’s share repurchases during 2014. Weighted average diluted shares outstanding were 12.9 million as of the end of the fourth quarter of 2014, compared with 14.4 million in the prior-year period. The Company estimates that the extra week of sales contributed approximately $0.12 to earnings per share for the quarter.

During the quarter, the Company repurchased approximately 172,000 shares under its authorized repurchase program for a total investment of $13.2 million. As of January 3, 2015, there was $61.2 million remaining under the current share repurchase authorization. The Company ended the fourth quarter with no debt and with $111.1 million in cash and cash equivalents.

“USANA generated exceptional results in the fourth quarter, which included double-digit sales, earnings per share and customer growth,” said Kevin Guest, USANA’s President.

“While our results did benefit from the extra week of sales during the quarter, the more significant catalyst for our performance was the incentive we introduced to our Associate sales force during the fourth quarter. Although it created pressure on our operating margin, the incentive was very successful in accelerating our sales and customer growth for the quarter. This incentive will end in February 2015, but we will offer other market-specific incentives throughout 2015 and expect to carry the momentum we are seeing in our business throughout the year.”

Regional Results

Net sales in the Asia Pacific region increased by 34.1% to $163.3 million, compared with $121.8 million for the fourth quarter of the prior year. Net sales also increased by 25.4% on a sequential quarter basis. The year-over-year increase was due to 45.1% sales growth in the Greater China region, 18.8% sales growth in the Southeast Asia Pacific region, and 16.1% sales growth in the North Asia region.

Sales growth in Greater China was driven by double-digit sales and customer growth in Mainland China, while sales growth in Southeast Asia Pacific resulted from double-digit sales and customer growth in the Philippines, Australia/New Zealand, Malaysia and Thailand. Sales growth in North Asia was driven by double-digit sales and customer growth in South Korea. The number of active Associates in the Asia Pacific region increased by 44.3% year-over-year, and increased 26.3% sequentially.

Net sales in the Americas/Europe region were essentially flat at $64.5 million, due primarily to a sales decline in the U.S., which was offset by double-digit local currency sales growth in Canada and Mexico. The number of active Associates in this region increased by 3.7% compared to the prior-year period.

“Our Asia Pacific region led the way during the quarter, where we saw double-digit sales and customer growth in most markets in the region. Our Associates throughout the region embraced the promotion we offered during the fourth quarter and utilized it to grow their sales organizations at an accelerated pace.

This was most evident in Mainland China, where we saw significant sales and customer growth, which was bolstered by the excitement generated by our National Sales Meeting in early November. We were also pleased with the results we generated in the Americas/Europe region during the quarter, which included solid customer and sales growth in Canada and Mexico,” continued Mr. Guest.

2014 Results

For the year ended January 3, 2015, net sales increased by 10.1% to $790.5 million, compared with $718.2 million in the prior year. The increase in net sales was largely driven by sales and Associate growth in the Company’s Asia Pacific region. Net sales for the full-year were negatively impacted by $14.9 million due to a strengthening U.S. dollar.

Net earnings for 2014 decreased by 3.0% to $76.6 million, compared with $79.0 million in the prior year. This decrease resulted primarily from a 130 basis point increase in Associate Incentives expense due primarily to the pricing and compensation plan changes implemented during the third quarter of 2013. Earnings per share for the year increased by 0.7% to $5.60, compared with $5.56 in the prior year. This increase in earnings per share was attributable to a lower number of diluted shares outstanding due to the Company’s share repurchases during 2014. Weighted average diluted shares outstanding were 13.7 million for fiscal 2014, compared with 14.2 million for fiscal 2013.

“2014 was another exceptional year for USANA,” concluded Mr. Guest. “Our vision as a Company continues to center on improving the overall health and nutrition of individuals and families around the world through our world-class product offering. To further this vision in 2015, we will continue to execute our overall strategy, which focuses on promoting customer loyalty, enjoyment and success with USANA. This includes advancing our personalization initiative with investments in product and technology innovation to benefit our customers.

We are also excited about our recent announcement that USANA is now a Trusted Partner and Sponsor of the Dr. Oz Show. This expansion of our marketing strategy is intended to make it easier for our Associates to introduce USANA products to potential customers. Finally, we will continue to enhance our rewarding Associate Compensation Plan by introducing short-term, market-specific incentives to drive customer growth. I am excited about our growth opportunities in the coming year and believe that the strategies we have in place will produce another record year for USANA in 2015.”

Outlook

The Company provided the following consolidated net sales and earnings per share outlook for 2015:

• Consolidated net sales between $850 million and $870 million
• Earnings per share between $6.40 and $6.70

Chief Financial Officer, Paul Jones, commented, “We are pleased with the results that USANA delivered in 2014 and are encouraged about our opportunities in 2015. As our initial outlook suggests, we are confident in the strength of our underlying business and expect 2015 to be another record year. Consistent with prior years, we anticipate that our results will accelerate during the year following the customary seasonal pressure from the Chinese New Year.

We will also make several necessary investments in Fiscal 2015 to strengthen key areas of our business. These investments will include our information technology systems and infrastructure, brand-awareness, product innovation, and new technology to complement product innovation. These investments will be reflected in both higher SG&A expense along with a significant amount of capital expenditures. We believe that they are the proper investments to support USANA’s long-term growth objectives.”

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Total Life Changes 1st International Conference In Colombia Draws Visitors From 13 Countries

February 13, 2015, 8:33 am

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Total Life Changes hosted their first international conference at the JW Marriott in Bogota, Colombia. Leaders from 13 countries and hundreds of guests arrived to what was simply one of the most successful events to date.

Bolo Enriquez, TLC Regional Manager in Colombia planned an incredible weekend of events.

“Our Friday meet and greet was a tremendous success. Much effort went into planning and being able to coordinate our leaders from so many of our South American corporate offices. This was something very special that I will never forget,” Bolo explained.

TLC team leaders had an opportunity to share their excitement at Friday’s meet and greet and could be heard quite well throughout Saturday’s events.

TLC UNO 2015 launched three brand new products that will be arriving on members’ doorsteps very soon. The first new product was demonstrated during a live recording on-stage. A female with noticeable flaws under her eyes was selected to participate in this live demonstration.

Rosa Armenta, International Relations Supervisor, applied a very small amount of TLC’s brand new anti-wrinkle, age-defying serum to the volunteer. Members in the audience watched anxiously and were truly amazed (after only two minutes) as the dark, inflamed circles and wrinkles under her eyes vanished.

C.O.O., John Licari and TLC master distributor, Armand Puyolt, released the second product. Together they launched TLC's newest dietary game changer, Resolution Formula NO. 20. John's testimony had the crowd on its feet and begging for dibs on the product, so CEO – Jack Fallon and Armand Puyolt promised that South America would be the first region to receive orders of Resolution Formula NO.20.

The most anticipated product had jaws dropping to the floor. Total Life Changes announced its new line of weight training compression garments. The Beautiful You line of garments will be packaged with the popular Iaso™ Tea and additional TLC supplements that encourages men and women to live a healthier life while feeling good and looking great during their transformation.

The Beautiful You garments will be available in six different styles for females and two options for men. The Beautiful You fashion show was well received by all members in the audience.

TLC UNO 2015 also featured a celebration of life, success across the leadership in the organization and plenty of recognition. Top earners received TLC rank pins, top earner rings and life-size checks that acknowledged their success over the last two business quarters. TLC Media/Marketing Director,Scott Bania, discussed the surge of interest toward Total Life Changes;

“In the past 6 months we have broadened our department with selective professionals to work on specific projects and campaigns. The results have been unbelievable. Our corporate website traffic has increased significantly, averaging 4,000 visits per hour.

That’s 96,000 visits per day with an average of nearly four minutes per user. I am extremely grateful to my team of designers and SEO specialists.”

The first international event was such a success that Total Life Changes CEO Jack Fallon, is already planning the next conference, which will land in Peru. “There is something special happening right now within the company.

We have a tremendous amount of momentum carrying over from December 2014, where we hit record sales and reached record weekly recruits in what is typically the slowest month in the MLM industry. We are positioning ourselves to meet our goals in the United States while continuing to expand abroad. We are now active in more than 15 countries, including Ghana and Nigeria, Africa,” explains Total Life Changes CEO, Jack Fallon.

TLC UNO 2015 has TLC members from all countries excited and they look forward to a National Conference and Valentine Gala at the Hyatt Regency in Houston, Texas February 13^th-14^th. Houston is home to TLC AmbassadorsChante & Kenny Lloyd.

“This company has been such a blessing to my wife and I. We have developed a special relationship with Jack & Rosa and the rest of the corporate team. We’ve never seen anything like this in the MLM industry. We just believe in one another.

We keep the right mindset and strive to deliver one message across the US and our international representatives. Bogota was an explosive event. Having time to meet with Jack, Armand, the international leaders and the rest of the corporate team was invaluable. You just can’t put a number on that. The results are speaking for themselves,” explains Kenny Lloyd.

About Total Life Changes

Total Life Changes offers an amazing line of health and beauty products along with a great business opportunity.  TLC was created by CEO Jack Fallon 15 years ago with a single product, Nutraburst, and has grown to include our Iaso™ brand of products like our popular Iaso™ Tea. 

Our hybrid binary system allows IBO’s of TLC to quickly be compensated for introducing new reps our products and business opportunity.  The opportunity for you to feel healthier and flourish financially is what TLC is all about!

Primerica Q4 Revenue Up 9% To $346.5 Million

February 13, 2015, 8:34 am

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Primerica, Inc. announced today financial results for the quarter ended December 31, 2014. Total revenues were $345.4 million in the fourth quarter of 2014 and net income was $45.5 million, or $0.84 per diluted share. For the full year 2014, total revenues were $1.34 billion and net income was $181.4 million, or $3.29 per diluted share.

Net operating income, a non-GAAP financial measure, in 2014 excludes the impact of expenses recognized in the fourth quarter of 2014 related to the Co-CEO transition agreements described in our Form 8-K dated January 2, 2015 as well as realized investment gains and losses. A reconciliation of non-GAAP to GAAP financial measures is included at the end of this release.

In the fourth quarter, operating revenues increased by 9% to $346.5 million and net operating income increased by 6% to $49.0 million compared with $317.3 million and $46.2 million, respectively, in the year ago period. Diluted net operating income per share increased 9% to $0.91 compared with fourth quarter 2013 and ROAE increased to 16.4%.

Solid operating results in the fourth quarter were primarily driven by growth in Term Life net premiums and strong Investment and Savings Products sales and asset performance. Net investment income was flat versus the prior year period due to $3.0 million of income from called securities in the fourth quarter of 2014 which offset the impact of declining portfolio yields and capital deployment actions. Year-over-year insurance and other operating expenses generally increased with normal business growth and development.

Throughout 2014, growth in Term Life net premiums and ISP performance drove our strong results. Operating revenues and net operating income in 2014 grew 9% year-over-year to $1.34 billion and $182.8 million, respectively. Other notable items include modest growth in insurance and other operating expenses from business growth and increased employee incentive compensation, which mainly reflects the accelerated retirement vesting recognized in the third quarter of 2014.

On a year-over-year basis, these items were partially offset by higher legal fees and expenses incurred in 2013. Net investment income continued to decline year-over-year primarily due to the lower portfolio yields and capital deployment throughout the year. The $147.9 million of common stock repurchases during the year, equating to 5.5% of our common stock outstanding as of December 31, 2013, helped drive a 14% increase in diluted operating EPS to $3.31 for the year and a 60 basis points increase in ROAE to 15.3% compared with 2013.

Rick Williams, Chairman of the Board and Co-Chief Executive Officer said, “We are proud of the momentum generated in the business in the fourth quarter and throughout 2014. Our full year 2014 results were marked by solid performance across segments including 11% growth in Term Life net premiums, 9% growth in ISP sales and an 8% increase in ending client asset values, while the size of the life insurance licensed sales force grew 3%. John Addison and I believe the positive 2014 results make this the perfect time for a leadership transition and are confident that Glenn Williams will take the company to the next level.”

Glenn Williams, who has been appointed Chief Executive Officer as of April 1, 2015, said, “I’m grateful for John and Rick’s leadership over the past 15 years and look forward to capitalizing on the positive momentum. I will work to build on their successful strategy by leveraging Primerica’s strengths to increase the size of the sales force, drive earnings growth and deploy capital to deliver long-term value for all of our stakeholders.”

About Primerica, Inc.

Primerica, Inc., headquartered in Duluth, GA, is a leading distributor of financial products to middle income households in North America. Primerica representatives educate their Main Street clients about how to better prepare for a more secure financial future by assessing their needs and providing appropriate solutions through term life insurance, which we underwrite, and mutual funds, annuities and other financial products, which we distribute primarily on behalf of third parties. In addition, Primerica provides an entrepreneurial full or part-time business opportunity for individuals seeking to earn income by distributing the company’s financial products. Primerica insured more than 4 million lives and had over 2 million client investment accounts at December 31, 2014. Primerica stock is included in the S&P MidCap 400 and the Russell 2000 stock indices and is traded on The New York Stock Exchange under the symbol “PRI”.

Avon Brazil Fined For Making Woman Dance At Meetings

February 13, 2015, 8:35 am

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The Brazilian subsidiary of the Avon cosmetics company has been ordered to pay more than $30,000 in damages to a former employee who was allegedly forced to perform sensual dances at sales meetings.

The Regional Labor Court in the northeastern state of Ceara says in a statement posted Tuesday on its website that the company must pay the former sales manager 100,000 reals ($36,000).

The statement says the woman was forced to wear costumes and perform "objectionable dances of a sensual and pejorative nature" during annual sales promotion events.

The court did not reveal the name of the woman.

The ruling can be appealed.

Avon did not immediately respond to an email request for comment.

About Avon

Avon, the company for women, is a leading global beauty company, with $10 billion in annual revenue. As one of the world's largest direct sellers, Avon is sold through more than 6 million active independent Avon Sales Representatives. Avon products are available in over 100 countries, and the product line includes color cosmetics, skincare, fragrance, and fashion and home products, featuring such well-recognized brand names as Avon Color, ANEW, Skin-So-Soft, Advance Techniques, and mark.

FITTEAM Launches Into Direct-Selling

February 13, 2015, 8:35 am

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Years ago Chris Hummel was mentioned in The Empowerment Column in the Las Vegas Informer as "regarded by thousands as legendary in his achievements in network marketing. When Chris decides to move thousands are known to follow." Chris has made one last move founding FITTEAM GLOBAL.

Chris is known for empowering people through personal and leadership development. He has been a top field leader in multiple companies and has built multimillion-dollar sales teams worldwide. He is passionate about family, health, wellness, fitness, travel and helping people achieve financial independence.

"If you would want someone to coach you to play basketball you would want Michael Jordan. If you want some to teach you how to build a large organization and sustainable income in this industry you want Chris Hummel. He is gifted with vision. He can see things long before others do."– Co-Founder Dr. Dan Ribley

FITTEAM is committed to improving lives globally by providing a vehicle for people to get “FIT” physically, financially, spiritually, emotionally and socially.

Through a large group of unique associations, FITTEAM has positioned itself on the cutting edge of products and services that will continue to be forward thinking, life changing and make a difference for people around the world.

FITTEAM uses the most powerful marketing model on the planet to connect its customers and affiliates who share in the opportunity to use impactful products, create part-time or full-time income, undergo personal development, bring about social awareness and participate in charitable events.

FITTEAM will convey a message of hope in all aspects of life by demonstrating powerful steps that large numbers of people can take individually in order to create a positive change collectively.

Amway Appoints New CMO – Su Jung Bae

February 5, 2015, 9:23 am

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Amway’s Chief Marketing Officer (CMO) Su Jung Bae leads global strategy and execution of category marketing for nutrition, beauty and home brands. She is also responsible globally for the Amway brand, corporate social responsibility and public relations/reputation.

Born and raised in South Korea, Bae joined Amway Korea in 1995 as a Nutrilite supplement marketer and was promoted to director. Then, until 2014, she served as Asia Pacific CMO, partnering with managing directors and functional leaders throughout the Asia Pacific region and China.

Bae contributed to Amway Korea’s significant and consistent growth over the last decade. Under Bae’s leadership, Amway Korea introduced integrated solutions for Amway Business Owners while leveraging various types of communication platforms, such as conventional media, new media and experience programs. She also led the Artistry brand sponsorship for the Busan International Film Festival, and participated in the establishment of the Asia Beauty Innovation Center.

“AMWAY IS RAPIDLY REINVENTING ITSELF. WE BELIEVE THE NEXT GENERATION OF DIRECT SELLING BUSINESSES WILL PROVIDE TOTAL LIFESTYLE SOLUTIONS TO THEIR SALES FORCE AND CONSUMERS.

THE INTEGRATED SOLUTIONS AMWAY IS DEVELOPING WILL HELP PEOPLE LIVE LIFE TO THE FULLEST, REACHING THEIR HEALTH, BEAUTY AND SUCCESS POTENTIAL.”

Bae is a strong advocate for creating shared value (CSV), supporting global marketing standards, and creative collaboration with local companies. Through Amway Korea’s localization projects, she has led the marketing organization to help local companies with promising technologies and product ideas to be marketed in global Amway networks.

Bae has contributed to a number of academic papers to date, including, “Cause-related Marketing of Amway Korea: Focusing on the Campaign Called “Nutrilite Health Watcher Program for Kids,” Asia Marketing Journal, (2009) and “Direct Selling Industry’s Advertisement and TV Commercial’s Direct/Indirect Impact on Consumer Response,” Korean Consumption Culture Association (2013).

Bae earned a bachelor’s degree from Seoul National University and a Master of Business Administration from Korea University. She also received a doctorate in business administration with a focus on marketing and international business from Yonsei University.

Debbie and David Sasek Get The ItWorks! Global Award

February 16, 2015, 8:58 am

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ItWorks! Global, with headquarters located in Palmetto, Florida, USA awarded the coveted ItWorks! Way Award to Independent DistributorsDebbie and David Sasek.

The award was announced during this year's Limelite Conference in Orlando FL, taking both Debbie and David, who have worked with ItWorks! for 8 years, completely by surprise.

Founded in 2001, It Works! Global is one of the world's fastest-growing skin care and nutrition direct sales companies. Inc. magazine ranked It Works! No. 290 on its Inc. 500 list for 2014, and the company is enjoying a 1,565-percent growth over the past three years. It Works! currently pays commissions to more than 90,000 independent distributors in 19 countries.

"The first national conference I attended 8 years ago, there were only about 85 people attending. This year when we received the award we were looking out at 15,000 people from stage! We have experienced first hand the powerful growth and amazing opportunities that ItWorks! offers to their distributors.

The unveiling of the award is always a surprise and we were thrilled when they announced our names. It is so exciting to be a part of the ItWorks family." said Debbie Sasek.

The ItWorks! Way Award is given each year to a distributor who embodies the ItWorks! culture, which centers itself on friendship, fun, freedom, living debt-free and giving hope to others. The winner of the award is an Independent Distributor who stands out as a leader within their company, team and community. The candidate is also someone who actively lends assistance and guidance to anyone and everyone that needs it. And above all else, they exemplify the ItWorks! Way and values in both their personal and professional lives.

Debbie and Dave Sasek were honored to be selected for this year's award. They have long been leading examples of the ItWorks! culture. In 2013, they were inducted into the Millionaires Club. As the owners of Skinny Black Dress, Ambassador Diamonds, Top Money Earners and successful Independent Distributors, they have taken the opportunities offered by ItWorks! and spread them to the community around them.

"I started this business part-time 8 years ago with a goal to earn enough for free product and then quickly increased that goal to $500 a month in order to pay off credit cards. This home based business has become our vehicle for financial freedom and happiness.

We are excited to empower other people with the hope we have found in ItWorks! The ItWorks! business is an opportunity for anyone, no matter your age or background. Your Journey is your journey! All you have to do is take advantage of it. The plans for continued growth in 2015 and the future will increase our ability to bring more people along on this awesome journey," said Debbie Sasek.

The cutting edge ItWorks Mobile App was also announced at the conference along with international expansion plans for the year. Topping the list is an all-natural energy drink that will be released in early March 2015. As Dave said, "It's an exciting time to be a part of the company. We have the product line and business opportunity that people are looking for."

Walking away from the National Sales Conference, Debbie and David Sasek are more excited than ever to share the good news of their good fortune. "It's something we believe in, which makes doing what we do all the satisfying," Debbie says of working with ItWorks!

The entrepreneurial spirit of the Sasek's, as recognized on the national and international level of ItWorks! is inspiring people all over America and internationally to take a chance on themselves and their dreams. To learn more aboutItWorks! products, the Sasek's and their story, please visit SkinnyBlackDress.com or you can email Debbie directly atdebbie@skinnyblackdress.com

About ITWorks!

ItWorks! Global is one of the world's fastest-growing skin care and nutrition direct sales companies

Amway To Shun E-Commerce

February 16, 2015, 8:59 am

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Amway, India's largest direct selling company, said that the company's stance on not allowing to sell its products on e-commerce sites remain unchanged.

Speaking on the sidelines of a product launch, Sundip Shah, chief marketing officer of Amway India said,

" We will distribute our products only through our distributors and have no plans to adapt the e-commerce mode as our main strength is word-of-mouth."

Direct selling companies like Amway, Tupperware and Oriflame had earlier issued notices to Flipkart, Ebay and Snapdeal asking them to stop selling their products on their platform.

Under Amway's business model, distributors, enrolled for free, earn commissions on sale of products directly to consumers, in addition to a share in business volumes of their group, comprising other distributors. About half the 1.5 million direct distributors Amway operates through are actually consumers who have turned distributors, primarily to buy for themselves at a discount.

But in a a substantial change from its earlier marketing initiatives of not advertising the company has now planned to " advertise aggressively" to increase their brand visibility through print, television and digital campaigns. " Now we have an annual advertisement budget of Rs 60 crore in order to create a brand for our products before our distributors take it to the customers," Shah said.

Amway started India operations in 1998. It has a presence in 80 cities across 10,000 postal codes, 145 offices and 65 warehouses. Its competitors include Oriflame, Herbalife, Avon and Modicare. The direct-selling market is estimated at Rs 7,200 crore, and is projected to grow to Rs 64,500 crore by 2025, showed a recent joint study by the Federation of Indian Chambers of Commerce and Industry and global consulting firm KPMG. When the company began in India, it was importing all these.

Today, 90 per cent of its products are made here, through contract manufacturing. It is also setting up its own factory at Nilakottal (near Madurai), with an investment of Rs 500 crore. " We want to make it a regional hub for the company," said Shah.

Amway today launched All Plant Protein Powder under the Nutrilite brand. The company has aggressive plans to grow Nutrilite in to a Rs 1,800 crore brand in five years, from its current valuation at Rs 1,200 crore.

Amway saw a drop of 20 per cent in net profit and 8 per cent in turnover in 2013-14. Shah accorded it to the overall slowdown of the economy and consolidation phase for the company. He said that the company will be back to double digit growth in two years.

Reported by: Business Insider

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Avon Pulling Its Services Out Of Jamaica

February 16, 2015, 8:59 am

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COSMETIC giant Avon is pulling its contract services from a number of Caribbean islands including Jamaica.

The US-based cosmetic company's decision to cease operations in Jamaica will affect the livelihood of some 6000 representatives.

Avon, which has been operating in Jamaica over the past 12 years, has been experiencing declines in its revenue. In 2004, Avon's North America sales reached US$2.6 billion; however, by 2013 revenues had fallen to US$1.46 billion despite efforts to produce lower-priced products.

The company continues to face increased competition from a number of cosmetic companies and is also experiencing negative returns from volatile exchange rates, according to reports. Last year, Avon reportedly slashed 600 jobs in an attempt to reduce its overhead costs.

Senior vice president and president of Avon North America, Pablo Muñoz, stated in an e-mail to Avon representatives on January 29, entitled 'Important Avon information' that after careful consideration and analysis, Avon Products, Inc. regrets to inform the representatives that it has decided to cease operations in the Islands served by the US mainland, including their territory.

"As a consequence, Avon is terminating all contracts in your territory, including the company's independent sales representatives contract with you," the email continued. "At the close of Campaign 5, in keeping with your applicable (representative processing schedule) RPS date, Avon will no longer accept any orders for Avon products placed in your territory and you may no longer promote the sale of any Avon products."

Effective Monday, Avon representatives will no longer be able to place orders to the company. Efforts made to ascertain why Avon Products, Inc is pulling its service from the Caribbean proved futile, as the Jamaica Observer was informed that the managers were engaged in a meeting.

Award-winning Avon representative Claudette Walters, stated that Avon's decision to stop its operations in Jamaica already has her contemplating her next move.

"I'm still wondering if this is really happening because this is my only source of income. It took me 11 years to build this business and then someone calls you on a two-minute conference call saying that they will be ceasing their operation in your territory — it's really not news anyone wants to hear," Walters told the Business Observer.

Walters was featured in the Jamaica Observer a few years ago after buying a five-bedroom house from income made by selling Avon products. Currently, Walters oversees more than 800 representatives who she said are also uneasy about the matter.

"When we went in the question and answer session on Friday we thought they would have provided us with some more information, but when we asked the questions they tried to answer them from the letter that was emailed and that was not enough," she stated.

"All they're saying is that they are closing so that they can focus on the US market," Walters added.

Avon is one of the world's largest direct sellers of beauty supplies and supports 6.4 million representatives in over 100 countries. The 128-year-old beauty company, known for products such as Skin-So-Soft and ANEW skincare, allows representatives the freedom to market their products directly to customers, ultimately giving them the flexibility to determine their working hours.

"It is devastating because we have a lot of representatives who are in a steady job but still look towards this because the job may not be able to cover all their expenses," Walters said.

The Business Standard Reports 

Editors note: Trying to recruit into your company via the comments on thie article is spam and will result in being banned from the site. 

Amway Restructure Corporate Team After Revenue Drops

February 16, 2015, 9:01 am

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After seven years as Amway's chief marketing officer, Candace Matthewswill now oversee operations in North and South America. Her promotion toregional president of the Americas comes as the corporate giant is making several changes at the executive level, including adding a chief operating officer position to oversee its leadership team.

Former Chief Financial Officer Michael Cazer will take that position, assuming some of the responsibilities previously handled by Bill Payne, who has shifted from chief of staff to vice-chairman of the corporate board.

Matthews describes the changes as leveraging the talent and skills of its executive team to strengthen the company, which last week reported that2014 revenues fell 8 percent because of fluctuation in foreign currency exchange rates.

"For me, this is an exciting time for Amway as we look forward toward our future vision," Matthews said. She took over the regional presidency in November after the departure of Tanios Viviani, who held post for three years after joining Amway from Chiquita Brands.

The last months have been a whirlwind for Matthews as she has taken on new responsibilities while continuing her global marketing duties. She made the CMO handoff in early January when South Korean native Su-Jung Bae, was promoted to replace her. A 20-year veteran of Amway, Bae previously served as CMO of the Asia Pacific region.

"She is phenomenal," Matthews said of her successor, who will lead global strategy for marketing of the company's nutrition, beauty and home brands. Bae will also lead the teams for the Amway brand, corporate social responsibility and public relations.

Matthews' operational experience comes from her time running a global division at L'Oreal USA before coming to Amway in 2007. There, she served as president of SoftSheen-Carson, a consumer products division of the French cosmetics giant.

"The focus on marketing brought me to Amway as they were really trying to develop that discipline in this company," said Matthews, adding that she was thrilled to make the switch to overseeing operations because it would give her an opportunity to use another skill set.

Amway divides its global market into four regions. The largest is China, followed by Asia Pacific, and lastly the Americas and Europe, which are about the same size, in terms of annual sales. As a regional president, Matthews will spend more time traveling as she focuses on developing relationships with Amway distributors, now known globally as Amway Business Owners or ABOs.

"The biggest difference is with CMO, I spent a lot of time with brand strategy and new product development, working on what was to come in future years," Matthews said. "In this role, it is how to bring that to life with our ABOs, focusing more on what is happening with them and how to build their businesses – not only from a strategic standpoint but from an execution standpoint."

With the exception of Amway Chairman Steve Van Andel and President Doug DeVos, Matthews has been the company's biggest headline maker. The veteran executive has been lauded in AdAge, Forbes, Black Enterprise and Working Mother magazines.

Her rise up the corporate ladder is chronicled in the recent edition of Forefront Magazine. The Pittsburgh native earned a scholarship to Carnegie-Mellon University to study engineering, and later graduated from Stanford University with an MBA before working for a string of corporate giants including General Mills, Coca Cola Company and Procter & Gamble.

Matthews is also well-known in West Michigan for her volunteer work with foundations and nonprofits. A busy travel itinerary won't be enough to pull Matthews back from her community work in West Michigan. "I'm still heavily engaged in the community," said Matthews. "My husband and I are co-chairs of the Helen DeVos charity fundraiser."

WakeUpNow Files $70 Million Lawsuit Against Ex-CEO Kirby Cochran

February 17, 2015, 9:33 am

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As first reported by Behind MLM WakeupNow management has filled a $70 Million lawsuit against former CEO Kirby Cochran.

The lawsuit gives a detailed "Behind the curtains" insight what happened and how mis-management lead to the fall of WakeUpNow, leaving ten-thousands of hard working distributors in the dust.

According to WakeUpNow:

"Kirby Cochran’s gross mismanagement, side-deals with family members to pay out all of WUN’s profits, lavish expenditures, failed business initiatives, and the botched HUB launch placed WUN in a position where it needed millions of dollars to survive".

The full lawsuit can be downloaded here WUN Law Suit.

From the lawsuit I have taken out 2 interesting allegations:

"In December 2010, Kirby Cochran, who previously had no involvement with Wake Up Now, learned through his brother Gary C. that the management of Wake Up Now was interested in going public.

Kirby Cochran, acting as a middle-man, orchestrated a going public shell merger wherein Wake Up Now, an operating Utah corporation, was acquired as a subsidiary by a Delaware publicly traded corporation, trading/ticker symbol “WORC”.

In connection with the merger, the Delaware publicly traded shell corporation parent changed its name to Wake Up Now, but kept its trading/ticker symbol WORC.

Wake Up Now later discovered that, near the time of the transaction, Kirby Cochran’s brother and co-defendant Gary C.secretly purchased a large percentage of WORC’s public float.

Wake Up Now has also recently discovered that, at the time of the transaction, Kirby Cochran, who was not a licensed broker, was negotiating both sides of the deal.

He induced the public shell company to issue significant shares of stock to Wake Up Now founder Troy Muhlestein to close the acquisition, but then surreptitiously induced Muhlestein to deliver to Kirby Cochran’s possession, medallion guaranteed stock certificates evidencing at least 6,412,500 of those shares, which Kirby Cochran promised to hold for Richard Smith and others"

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"As CEO, Kirby Cochran caused excessive personal and corporate expenditures despite the Corporation’s relative cash positions, engaged in side-dealings with employees and affiliates, engaged in undisclosed and/or veiled agreements with family members, including Gary C., failed to adequately plan to avoid repeated financial emergencies, nearly unilaterally caused multiple severe business disruptions and costs due to his personal insistence on internally developing software to perform critical business processes despite the existence of cost-effective off-the-shelf alternatives, distraction from personal judgments and other legal issues due to past business dealings, and negatively affecting corporate morale by installing surveillance cameras throughout employee work areas, and creepily commenting to attractive young women that he was watching over them.

Moreover, members of WUN’s board and certain large investors had discovered that Kirby Cochran manufactured personal credibility by dishonestly taking credit for the success of a company called Headwaters, Inc. (formerly known as Covol, Inc.).

In reality, Kirby Cochran was president of Covol for 9 months in 1995-96. During the time that he was President at Covol, its gross revenues were only a few hundred thousand dollars with millions of dollars of investor funded losses.

Facing millions in losses, Kirby Cochran quit in 1996 citing health issues.

Despite Kirby Cochran’s representations, when he left Covol, its stock price (if adjusted for stock splits) differed little from the stock price at the time he started (despite a brief $250 million market capitalization spike during his brief tenure).

After Kirby Cochran’s departure, Covol changed its management, significantly changed its business, raised new money, and changed its name to Headwaters and most significantly, hired Kirk A. Benson, as chief executive officer & chairman of the Board who continues to serve in that capacity today.

Many years after Kirby Cochran’s departure, and under Mr. Benson and his team’s leadership, Headwaters started to gross millions of dollars in sales, showed its first profit, and became publicly listed on the NASDAQ.

Despite having little or nothing to do with its success, as Headwaters reached a billion dollar market cap in 2004 (8 years after his departure), Kirby Cochran started to falsely claim that it was he that built Headwaters into a billion dollar company.

Moreover, WUN’s largest investor, which by September 2014 had invested approximately $3 million in order to meet a series of cash shortfalls WUN faced from time to time due to Kirby Cochran’s rampant and reckless spending, lost faith in Kirby Cochran’s honesty due to his falsely claiming that he had personally invested over $1.5 million in WUN when in reality, he had no, or negligible, investment in WUN.

Kirby Cochran also wasted approximately $2 million dollars by purchasing and attempting to reboot the Southeast Asian operations of Veyea, Inc., a failed MLM started by James Watson, a former HR director of Utah based MLM Neways.

Together with Mr. Watson, Kirby Cochran and his son collectively spent months in Malaysia, Thailand and Vietnam without evidence of any work being accomplished.

Kirby Cochran even caused WUN to hire private, personal security to stop IBOs from being able to interact with him.

Most significantly, Kirby Cochran’s desire to control all aspects of WUN’s business resulted in WUN irrationally shunning third-party “commission engine” software used by substantially all direct sales companies with a multi-level compensation structure.

Kirby Cochran created a false narrative that third-party commission engine software, despite being used by substantially all of WUN’s competitors, was prohibitively expensive and problematic.

Those WUN employees and consultants with technical backgrounds who objected to WUN creating its own commission engine were marginalized and often terminated.

Kirby Cochran requested that his long-time acquaintance, Ben Anderson, who is a trained and experienced computer scientist and former Senior Vice President of Novell, Inc. from 1998-2002, advise Wake Up Now in building its own software platform and commission engine (referred to by WUN as the “HUB”) which would integrate all IBO sign-ups, facilitate marketing, customer sales, charge customer credit cards, facilitate credit card refunds, calculate and deliver sales commissions, and other functionality fundamentally essential and at the core of WUN’s business.

Unsurprisingly, Mr. Anderson spoke in terms of years of development and beta testing and millions of dollars of development costs. Kirby Cochran never again invited Mr. Anderson back to WUN.

Kirby Cochran instead turned to a couple of ambitious young developers to “complete” the development of the HUB.

Chad Jardine, WUN’s head of marketing at the time, who was closely aligned with the needs and interests of both WUN’s customers and IBOs and had enough technical knowledge to digest the “progress” of Kirby Cochran’s chosen developers, vehemently objected to the quick creation of a new HUB.

Mr. Jardine was quickly marginalized and eventually fired by Kirby Cochran.

Over the objection of a number of advisors and management team members who were powerless to stop it, Kirby Cochran and his young developers launched the new HUB in October 2013, just 3 months after Ben Anderson had assessed the need for years of development.

Mr. Anderson was right. Kirby Cochran caused the HUB to be launched without sufficient development and with no beta testing.

The HUB was virtually non-functional at the time of launch.

Astonishingly, Kirby Cochran’s hand-picked development team had somehow destroyed the former functional HUB system in the process of launching the new HUB. There was no going back.

The result of the HUB debacle was disastrous. WUN became nearly totally blind to its business functions.

It was unable to confirm delivery of its product, unable to determine whether products were paid for. WUN’s call center had wait times for over 4 hours with disgruntled customers and IBOs who were unable to purchase product, unable to log-in to receive product, and IBOs unable to view their accrued commissions.

WUN, which already had an extremely liberal refund policy, commenced honoring substantially every refund request, even where products had been used and commissions paid.

Many customers, understandably enraged by multi-hour call center wait times, simply charged-back their purchases.

Despite what by necessity became a nearly no-questions-asked-refund policy, hundreds of people inquired with, or made actual complaints to, governmental agencies, including the U.S. Federal Trade Commission (“FTC”), and the Better Business Bureau.

Competitors pounced causing great damage to WUN’s business and reputation.

WUN was forced to spend significant money to increase its customer support staff and even hired a third party call center, which spoke for WUN, but lacked the training and skill of most of WUN’s in-house customer support agents.

Read more here: behindmlm.com/companies/that-free-thing/wakeupnow-file-70-million-lawsuit-against-kirby-cochran/

Darren Hardy, Founding Editor Of Success Magazine, To Be Keynote Speaker At MonaVie Event

February 17, 2015, 9:34 am

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MonaVie recently announced Darren Hardy, founding editor of Success magazine, as its keynote speaker: 

2015 bears an incredible future for MonaVie Europe and to kick start our year of defining history, we are thrilled to announce special guest Darren Hardy as keynote speaker for the Madrid Momentum convention taking place 21-22 March 2015 at the Madrid Arena. 

This will be an incredible treat to our distributors as Darren is a highly sought-after keynote speaker, media contributor, and the New York Times best-selling author of The Compound Effect, Living Your Best Year Ever, and The Entrepreneur Rollercoaster–Surviving the Scariest and Most Thrilling Ride of Your Life!

Darren champions the message of success, hope and abundant opportunity to more than 3 million people each month through the pages of SUCCESS magazine, his blog and before live audiences of entrepreneurs across the country. Darren distills the best of the best information and strategies available, mixing in his own street-tested principles of success to mentor and empower millions of entrepreneurs globally.

The visionary force behind SUCCESS magazine as its Publisher and Founding Editor, and a business leader in the success industry for two decades, Darren has had unique and unfettered access to the most successful people on the planet, including Richard Branson, Steve Jobs, Warren Buffett, Donald Trump, Howard Schultz, Charles Schwab, Jeff Bezos and many more.

He has uncovered the secrets to their success and will now reveal them to us. 

Direct Selling Jewelry Sales Expected To Rise In Next 5 Years

February 17, 2015, 9:34 am

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The direct selling jewelry sales industry is sparkling thanks the entrance of new players and innovative applications that facilitate sales.

The industry, which relies on an army of salespeople making person-to-person or group sales away from a fixed retail location, has benefited from the economic recovery and the corresponding uptick in consumer spending. As consumers increasingly make price-premium and higher-volume purchases, profit is expected to improve over the five years to 2015.

Despite increased competition from online retailers (e-tailers), industry revenue is expected to increase over the five years to 2015.

According to IBISWorld Industry Analyst Britanny Carter, “Purchases of jewelry, watches and associated accessories are highly discretionary, meaning broad economic conditions, such as per capita income, the unemployment rate and consumer confidence, have a large effect on the ability and willingness of consumers to purchase products the industry sells.”

As income levels have risen over the past few decades, direct sellers have shifted their focus from home durables and personal care items to more expensive personal accessories, such as jewelry and watches, which offer superior returns.

A large number of direct sellers have entered the industry over the past decade to supplement their income or as a flexible and autonomous means of employment. New entrants that target younger consumers, such as Origami Owl, accelerated this trend.

The industry's growth is expected to slow over the next five years as consumers rely on alternative retail channels to purchase jewelry and similar accessories. Overall, industry revenue is projected to rise in the five years to 2020. Two broad themes will characterize the industry over the next five years.

The gradually improving economy is expected to lead to higher income levels and, consequently, higher discretionary spending. This will boost overall spending on jewelry and accessories. “However, intensifying competition from alternative retail channels, most notably e-tailers, will temper demand for products sold by direct sellers,” says Carter. For this reason, direct sellers will need to emphasize their personalized service to maximize sales.

IBISWorld industry Report Key Topics

Operators in this industry rely on a direct sales model, where salespeople are contracted by the company to market the product. Wages are commission based. Companies in this industry supply accessories, including jewelry and watches.

Industry Performance 
Executive Summary 
Key External Drivers 
Current Performance 
Industry Outlook 
Industry Life Cycle 
Products & Markets 
Supply Chain 
Products & Services 
Major Markets 
Globalization & Trade 
Business Locations 
Competitive Landscape 
Market Share Concentration 
Key Success Factors 
Cost Structure Benchmarks 
Barriers to Entry 
Major Companies 
Operating Conditions 
Capital Intensity 
Key Statistics 
Industry Data 
Annual Change 
Key Ratios

About IBISWorld Inc. 
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide.

For The First Time In 11 Years Avon Loses It’s #1 Direct-Selling Position

February 18, 2015, 11:02 am

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by TINA WILLIAMS on FEBRUARY 13, 2015

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Move over Avon, Amway is calling… 

For the first time since at least 2004, Avon Products Inc. AVP,  in 2014 surrendered its top global-direct-sales-company title to privately held Amway, according to Euromonitor data compiled for MarketWatch.

Amway, which is based in Ada, Mich., sells a range of products from beauty and skin-care lines that compete with Avon’s offerings to nutritional supplements and air purifiers.

Avon’s market share in global direct sales declined to 8.6% in 2014 from a peak of 11.6% in 2010. U.S. rivals Amway, Herbalife HLF, +1.31%  and Mary Kay gained share during that period. Brazil’s Natura’s share declined to 3.5% from 4%, Euromonitor data showed. Brazil is now Avon’s largest market.

In the U.S., New York–based Avon’s home market and one of its top four along with Brazil, Russia and Mexico, the company fared worse, with market share slumping to 4.3% in 2014 from a peak of 10.2% in 2007. Mary Kay became No. 1 in the U.S. in 2013 and in 2014 garnered an 8.4% share.

Avon’s market-share loss has been accompanied by a slide in its share price, which plunged to a 20-year low in January, before reports of buyout talks with private-equity firm TPG erased some of the losses. Avon, which reported fourth-quarter earnings on Thursday, saw its revenue decline 20% to $8.85 billion in 2014 from a peak of $11.1 billion in 2011.

The company has reported three straight annual losses, and in December it agreed to pay fines totaling $135 million to U.S. regulators to settle allegations that it used bribes to buttress business in China. Avon has cut costs by $400 million to offset declining sales.

Avon has been hurt by a stronger dollar, which has dented its overseas sales and profit. Fourth-quarter sales, for instance, would have risen 5% without a 17-percentage-point currency impact. The slowing of the economies of Brazil, Russia and Mexico, with oil prices in decline, as well as tensions over Ukraine, have also hurt sales.

Avon said it has installed “stronger” management in 12 top markets and is offering better incentives to its representatives. The number of active reps fell 5% last year, led by declines in the U.S. and other markets. That number is viewed as a key indicator of future sales.

Reps give Mary Kay, Amway and Herbalife higher job ratings than Avon, according to reviews site Glassdoor. Trade group Direct Selling Association’s most recent data showed the U.S. direct-selling workforce jumped 5.7% to a record high of 16.8 million in 2013, in contrast to the trend at Avon. The company, which didn’t give a breakdown by market, has said it has more than 6 million active representatives globally.

In one encouraging sign, however, Avon shares were up Thursday as its fundamental results showed improvement in the second half of 2014.

“2014 was a challenging year,” said Chief Executive Sheri McCoy. “We’re not where we need to be overall, but we know where the issues are, and we’re working to resolve them. Improving representative engagement is my No. 1 global concern.”

Direct Sellling Companies Complaints Poll – February 2015

February 18, 2015, 11:03 am

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Unfortunately we receive regular complaints about Direct Selling Companies with requests to publish the complaints on this website.

"I did not get paid", "I paid for products which were never delivered", "My company delayed payments, blaming the payment processor" etc. It would be very time consuming for us to publish all, as it requires in-depth research.

Sometimes it are isolated cases, sometimes it are signs for a possible bankruptcy or, closing down operations such as recently Wake Up Now,Gano Life, Bellamora, Jamie At Home, The Freedom Fighters Network,Votre Vu, Lyfestart, and Lia Sophia.

As we report "the good, the bad and the ugly news", a complaint poll is an honest way to inform the industry about a company 's reputation and credibility. If a company does not pay out commissions, does not deliver, is terminating without cause distributors, this is the place to be and It is an alert for management to improve their operations. Consider this poll as an early warning system for Direct Selling professionals.

This is NOT a poll you want to end up high as a Direct Selling company. Why a poll? Because we have a great software system in place:

You can vote only 1 time per poll. We can keep "trolls" and "haters" and "bogus complaints" out as we only accept a voteif a Facebook comment is placed and a real Facebook account is used. Therefore we log the IP and Facebook link from a voter. See this article:

"If you spam, we will ban".

The Top 4 company complaints in real time:

1. Flexkom - TURKEY 21 votes	2. AmeriPlan USA - USA 18 votes	3. WakeUpNow - USA 10 votes	4. Organo Gold - Canada 7 votes

How to fill a complaint / vote:

1. Select the company in the drop down box.

2. Push the vote button

3. Leave a facebook comment (Scroll down)

If you want to add a Direct Selling, MLM or Network Marketing company which is not in our database please fill in this form "Add A Direct Selling Company"

Submit A Direct Selling Companies Complaint

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Herbalife Sponsors The United States Hispanic Leadership Institute’s 33rd National Conference

February 18, 2015, 11:03 am

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Global nutrition company, Herbalife Ltd. (HLF), is proud to sponsor the United States Hispanic Leadership Institute’s 33rd National Conference, which begins today in Chicago.

“The United States Hispanic Leadership Institute provides a unique opportunity for future leaders in the Hispanic community to gather and learn from one another," said Michael O. Johnson Herbalife's chairman and CEO. “We are honored to be a part of USHLI’s 33rd National Conference, as well as the Student Leadership Series to celebrate the community empowering work of Hispanic leaders."

"Under Dr. Juan Andrade, USHLI is providing much needed leadership development and civic engagement resources to our Latino community so that we are an active part of the political process,” said Angela Arboleda, Herbalife’s vice president of government and community affairs. "Latino political participation, makes our nation stronger and Herbalife strongly applauds this effort."

About Herbalife Ltd.

Herbalife Ltd. (HLF) is a global nutrition company that sells weight-management, nutrition and personal care products intended to support a healthy lifestyle. Herbalife® products are sold in more than 90 countries to and through a network of independent members. The company supports the Herbalife Family Foundation and its Casa Herbalife program to help bring good nutrition to children. 

The MLM Rookie Nomination Q1 – 2015

February 20, 2015, 1:23 pm

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A MLM rookie is a distributor in his or her first year in Network Marketing – Direct Selling and breaking all records, the heavy hitter. The fresh blood every team needs, a leader right from the beginning, building up momentum.

Per year, this website receives a 3.5 – 4 million unique visitors from all over the world with the majority being Network Marketing professionals with approximately 25% visiting the website looking for a new or additional opportunities. An awesome platform for recognition.

A leader has a vision. Leaders see a problem that needs to be fixed or a goal that needs to be achieved. It may be something that no one else sees or simply something that no one else wants to tackle. Whatever it is, it is the focus of the leader's attention and they attack it with a single-minded determination.

Whether the goal is to double the team's annual sales, develop a training that will solve a certain problem, or start a team that can achieve the member's dream, the leader always has a clear target in mind.

You can nominate for the Q1 period (January – March) your favorite MLM rookie. We will publish their photo and will publish a top 50 or top 100. Recognition "Pur Sang".

Please put in a facebook comment with his / her name and link to their facebook page, so we can pull a picture. After the nomination proces we wil organize a poll.

The MLM Rookie nomination criteria:

1. Less then 1 year in the MLM – Direct Selling business

2. No previous MLM – Direct Selling experience

3. Has built a large – solid team.

The nominees:

David Cook	Brian Bramer	Nikki Witherspoon	Jesse Singh
Naomi Martinez	Jesse Pedneault	Ilhan Özcan	Hayley Jackson
Katie Louise Hamer	Madalina Ungureanu	EQ Roxana AnaMaria	Sergiu Voicea
Claire Danielle Cowan	Bart Allan Miller

Gano Life Not Paying Out Commissions?

February 20, 2015, 1:23 pm

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Top Earners Matt Tucciarelli and Scott E. Mercker resign from Gano Lifeaccording to a message on their facebook because of nonpayment in the amount upwards of USD$200,000.

"To my many friends and partners to whom this may concern:

This past year has seen a tremendous amount of hardship for our business partners, families and friends within our Gano Life global business. We’ve seen several top leaders and many loyal affiliates leave the company. In spite of this, we’ve taken the high road in trying to work things out with Gano Life management.

Unfortunately, to no avail. I'm posting my company resignation letter, which speaks for itself. If you are part of Creating Greatness and wish to contact me to discuss options moving forward, please do so via Facebook private message. Rest assured, Creating Greatness is alive and well and is continuing to Create Greatness in peoples lives worldwide! Onward – Boom Baby!

February 5, 2015

Re: Resignation from GanoLife International, Inc.

Attention: Joven Cabasag, CEO, Christopher Tidwell, President.

Mr.’s Cabasag & Tidwell, effective immediately, Creating Greatness Institute, Inc., advise you on this day, February 5, 2015, of our resignation of any and all contracts that hold our signatory with GanoLife, GanoLife, LLC., GanoLife, Inc. and or any additional contracts between us and your GanoLife companies.

The basis of our decision: Documented findings and personal knowledge of your egregious acts and actions, individual and combined lies, deceit, mismanagement, and outrageous fiduciary neglect on behalf of your GanoLife Int’l independent affiliates and complete and utter dishonor to those of us who believed in your course and direction in transitioning our affiliates and customers over from Gano Excel to Gano Life prior to officially opening Gano Life on October 22, 2012 through today.

The above mentioned reasons point directly at you in your deceptive planning and coercion, hurting many thousands of good, honorable people who trusted you to be truthful and honest, only to find our businesses and lives severely damaged and or in cases like ours, irreparably destroyed when directed by you to transfer our successful and thrivingGano Excel business to your Gano Life company.

For us personally, our families and business partners, our once thriving and growing Multi-million dollar businesses, with you as fiduciary, now lay in shambles. We hold you personally responsible for its demise per your deceit and greed in the way you coerced and deceived us in this entire GanoExcel vs. GanoLife fiasco.

From a financial standpoint, although you continue to receive new and residual sales every day from our business in Regions 1, 2 and 3, you arbitrarily removed the accounting for all USA affiliates to see our Region 3 tracking, accounting and income to be contractually paid by you to us on a monthly basis. Before these egregious actions to hide our earnings from our view, we could confirm nonpayment to our company from you in the amount upwards of USD$200,000.

It continues to escalate higher every day but only for your eyes to see and access only into your bank account. It has been 12 calendar months since we have received commissions due from you in Region 3. Now Region 2 & Region1 commissions are in arrears as well.

Equal to worse, customer backorder complaints have accumulated for months and have become overwhelming. You are charging our customers in full but yet sending IOU’s in their shipments for products you do not have in stock.

For the record, the final straw fell for us yesterday. Matt was contacted by your attorney, who is also counsel for him and other GanoLife affiliates embroiled in a lawsuit filed in California court against you and them by Gano Excel. Mr. Ecoff’s urgent call and text message was to inform Matt that he was stepping down as legal counsel in the lawsuit. He advised that he has no choice but to file a motion of removal with the court, due to nonpayment from you. Another promise you have broken to those of us who trusted your word the most. Now, each must acquire and pay for their own legal counsel to defend themselves.

Many thousands of good, honest, upstanding and hardworking people from South America to Central America to Mexico, the United States and Canada are hurting. To them, our hearts hurt for their losses. We believe that they will, in time, find a new direction and company to protect their business with honor and integrity.

As for us, We’ll remain eternally saddened by the events that have led to our resignation today from the past 5 years of hard work for what could have been and should have remained a tremendous success for us all had it not been for the above mentioned actions on your part.

On the other hand, it is time to move on. We can no longer support your agenda, whatever it truly is to be, no one knows but you. We have vetted many business options, companies and fiduciaries and have made our decision to go in a new and exciting direction. We are thankful to have found such a company and leadership of honor, integrity and opportunity to call home for our current and future business partners, our families and ourselves.

Sincerely,

Creating Greatness Institute, Inc.

Matt Tucciarelli Scott E. Mercker
Orlando, Florida USA. Louisville, Kentucky USA.
407.257.3844 502.419.9005

Limitless Worldwide Gears Up for Second Anniversary Celebration

February 20, 2015, 1:24 pm

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Network marketing company Limitless Worldwide has achieved some incredible goals since its launch in 2012, and the company plans to celebrate! Limitless is hosting a Second Anniversary Celebration at the company's headquarters in Salt Lake City, Utah on February 20 and 21, 2015.

Limitless is known for its innovative patent-pending TriBrid Overlay Compensation Plan and building on their reputation for innovation, co-founders Steve and Melyn Campbell, some of the most successful network marketers in the world, are excited to announce that they'll be revealing a revolutionary duplication model called Limitless Max at the Anniversary Celebration.

"After 25 years in the industry, my husband Steve and I have realized that probably the most difficult part of any networking business is getting a distributor started properly," Melyn says.

"While distributors can become very motivated at events, the reality is that after they return to their homes across the country, they ask, 'What do I do now? What's the next step?' Limitless Max is an ingenious, step-by-step, daily system of videos and texts designed to answer exactly that question for our distributors."

Steve adds, "For distributors, so many times the fear is in the follow up. Our goal is to replace that fear with confidence by simply breaking down the day-by-day steps distributors should take into little digestible nuggets. Limitless Max will make it simple for our distributors to know exactly what they need to do next in order to be successful."

Limitless Worldwide has found great success with its line of some of the most revolutionary, scientifically validated products in the Personal Care, Anti-Aging, and Weight Loss and Nutrition categories. Its Thrive^™-hGH product is an oral compound capable of increasing mean, serum (blood) human growth hormone levels by 682%.* Thrive contains the highly sought after SeroVital^®-hgh compound, which is so unique it's been granted not one but ten United States Patents,** and Limitless Worldwide is one of only three companies in the world authorized to distribute the compound.

Customer favorites in the weight-loss category include SkinnyStix^® — a super-delicious, highly effective, take-anywhere weight-loss* powder you simply mix in water — and GlyStrictin^™, which contains a key compound shown to reduce the desire to eat and decrease not only body weight, but also lead to a significant reduction in fat mass.*

And Limitless Worldwide customers have fallen in love with the company's InnovAGE^™-TH3, a skin-care formula specifically developed to address the "other" cause of wrinkles, glycation. InnovAGE helps inhibit surface toxin formation to help shield the skin from future glyco damage, reduce the appearance of fine lines, deep wrinkles and crow's feet you already have while it visibly lifts, tightens and firms saggy skin, and reduce the appearance of age spots.

To learn more about Limitless Worldwide, visit www.LimitlessWorldwide.com or call 1-800-429-4290. To get all the details on the Limitless Worldwide Second Anniversary Celebration and to register, visit www.LimitlessFlyIn.com. Seating is reserved, so don't wait!

WakeUpNow Officially Shuts Down U.S. Operations

February 25, 2015, 8:50 am

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Businessforhome.org has been reporting on the potential collapse of WakeUpNow and according to a letter from CEO Phil Polich on the Wake Up Now Facebook page, the company has shut down network marketingoperations in the USA.

Phil Polich:

"WakeUpNow Family,

For the past 4 years WakeUpNow has been an integral part of my life. The IBO’s and corporate staff have become like family to me and my family. As a collective team we have left a footprint in the network marketing industry that nobody could have ever expected. Led by President Jason Elrod’s leadership and vision, we became known as the company that put the distributors first, and allowed more people to “win” than ever before.

As the top investor in the company I cheered the success, provided oversight as a board member, and trusted in the management team that we had assembled. Most of that trust was well placed, as was evidenced by the industry-changing momentum that we produced. Some of it, unfortunately, was severely misplaced.

By taking advantage of the office of Chief Executive Officer, Kirby Cochran had made decisions that put the company on an irreparable negative trajectory; and sadly, he went to great lengths to keep many of these decisions secret from the rest of the management team and board of directors.

When I stepped in as CEO in September I did so with an additional personal investment, and every intention of righting the ship. As I worked with a group of outside financial analysts it became clear that the issues ran deeper than originally expected.

Together with Jason, we worked diligently for the last 120 days doing everything we possibly could to turn it around. We explored every option, turned over every rock, and connected with every contact we had. Not enough can be said about Jason and his care for the distributors and his monumental effort to preserve the company for the thousands of people who he had come in contact with during his tenure. It’s not an exaggeration to call him the most distributor friendly president in the history of networking marketing.

As we made progress, we continued to discover that Kirby Cochran’s deceptive actions had put the company in a position from which it could not recover. In the end, his decisions for a privileged few outweighed the incredible heart and dedication of the many.

With that said, effective immediately, WakeUpNow will cease all network marketing operations in the United States. We will continue to sell our products, including Awaken Thunder and the WUN Fit line of products. We will diligently work to fulfill all financial obligations of the company. I will continue to work with the creditors and vendors in anticipation of getting all obligations resolved.

It goes without saying that our hearts are heavy over this decision. It wasn’t taken lightly, and it wasn’t done without understanding the impact on the lives of so many people that worked with us.

Our hope is that your life is better for having been a part of the ?#‎WUNLife?. We hope you move on to what is next and be better because of the experiences you have had with WakeUpNow. We hope you will remember the company for the way we changed the entire network marketing industry".

Sincerely,

Philip J. Polich
CEO
WakeUpNow, Inc.