CEO Of MLM Company Arbonne Wins Entrepreneur Award

MLM company Arbonne International's Chairman & CEO Bob Henry was named the 2006 Ernst & Young Entrepreneur of the Year in Orange County, the company said Thursday.

Henry was chosen from among 23 finalists. The award is designed to recognize outstanding entrepreneuers who are leading growing businesses.

Asian MLM Company Launches In Philippines

KEEPING up good health and a freedom of wealth is the prime movers of MLM company K-Link Phils upon launching their products here in Cagayan de Oro Tuesday at Pearlmont Hotel along Limketkai Drive.

MLM Company Herbalife Looking At Refinancing Facility

MLM and nutritional supplement company Herbalife Ltd. said on Tuesday it is considering refinancing with a new senior secured credit facility.

If the refinancing is consummated, some of the proceeds may be used to repay or redeem substantially all of Herbalife's existing debt, including its outstanding 9.5 percent notes due 2011 and fund closing costs, the company said.

MLMIA Reaction To FTC's Proposed Business Opportunity Rule

The US Federal Trade Commission ("FTC") is proposing to introduce a "New Business Opportunity Rule" that could potentially have a damaging impact on the Network Marketing, MLM and Direct Selling industry.

The Multi-Level Marketing International Association ("MLMIA") has established a legal fund to campaign against this threat to the industry and you can get more information at the MLMIA website (www.mlmia.com).

MLM And Foreign Exchange Trading

Editor's Comment:

Here's an article (albeit a bit of a "puff piece") about a newish MLM company, "FreedomRocks". The underlying product is a Foreign Exchange trading system. These "investment" MLM schemes seem to come around in cycles and Foreign Exchange ("FX") seems to be the latest fad.

IMHO, these things should come with an even bigger health warning than usual. I worked in financial markets for over 20 years and the FX market is probably the most dangerous for the small investor. It's volatile and it's controlled by the big banks. There's no central, public, marketplace for spot FX. The market is "made" by the big banks. In effect, the banks are the "casino" and the participants are the "punters". And the small player probably has even less chance of winning than in Vegas (probably less fun as well!).

Years ago I saw a survey in "Stocks and Commodities" that reckoned over 80% of individual punters who tried their hand in the futures markets lost everything they put in and usually some more. The same figures would apply to day trading stocks, FX and pretty much any other highly speculative market.

Yes, you can make money as a speculator but it's a tough business. As the basis for an MLM company, I can think of many safer options.

MLM And Network Marketing Under Scrutiny In Sri Lanka

Central Bank recently expressed their concern on danger posed by the increasing pyramid schemes and network marketing schemes which is already prohibited by authorities but already started to operate discretely.

According to the Central Bank sources, in the recent past it became aware of the operation of a pyramid scheme which was disguised as a network marketing scheme and had attracted a large number of participants from Sri Lanka. “The Central Bank recognizing the danger of such scheme would pose to the economy and to its participants, took immediate steps to prevent the spread of these schemes. These included initiating changes in the law to make such schemes illegal in Sri Lanka and mounting of an awareness campaign to educate the public on pyramid schemes,” the source said.

Robert Kiyosaki On MLM And Network Marketing

ROBERT KIYOSAKI: Well, network marketing is only as good as you make it. … lousy network marketer, know the best network marketing business in the world won’t do any good for you. But I recommend network market – I’m not affiliated to any single one of them, and by the way so does Donald Trump. In our book coming out in October he’s going to talk about why the value he sees in network marketing has to be good. So he and I, Donald and I, are really doing our best to support he industry. But you as an individual have got to be able to step up to the plate and become a great network marketer. But the reason most people fail in network marketing is they have an employee mentality. You know, they expect to work and get paid while, if you’re an entrepreneur, you may work for years and never get paid. And I think that’s the big difference between those to make it and those who don’t make it. If you have an employee mentality or a small-business or self-employed mentality, where you’re working on “I’m going to charge you $100 an hour”, network marketing will not work for you. So the beauty of network marketing is it trains you to think like an entrepreneur does. You may have to work for two or three years before you make any money, and if you can do that you’ll be successful. But if you have the entitlement mentality or “I need to get paid today” I don’t think you’ll make it.

Editor's Comment; Interesting interview with Robert Kiyosaki covering a number of topics including these comments on MLM and Network Marketing.

MLM Company Nussentials Appoints Special Advisors To Assist Expansion

MLM company Nussentials Holdings Inc.,a provider and distributor of wellness and nutritional products based primarily on stabilized rice bran, announced today the company has appointed two special advisors, Tom Galgano and Jack Engelke, to assist with the development of Nussentials' direct marketing program.

"Mr. Galgano and Mr. Engelke have long, proven track records in the MLM industry. They have been successful in both building very large field organizations of MLM representatives and acting as consultants to direct sales organizations. Their firsthand knowledge of the industry and the types of programs that attract the most desirable marketing representatives should prove to be invaluable. They have helped us establish a compensation program with incentives that allow Nussentials' marketing representatives to profit handsomely as their sales grow," says Kelley Kirker, Chief Executive Officer of Nussentials Holdings, Inc.

MLM Company Herbalife Expands Sponsorship In Germany And Russia

MLM company Herbalife Ltd. has announced sponsorship activity in Germany and Russia designed to both raise its brand profile and demonstrate the company's commitment to a healthy active lifestyle.

Herbalife is official nutrition sponsor as well as premium partner of the 24 hour Mountain Bike Race in Munich, part of the country's Oktoberfest activities. The event on September 22nd - 24th is being held in the city's Olympiapark and attracts some 1,500 competitors and up to 50,000 spectators. Herbalife will be represented by `Team Herbalife,' four cyclists competing on behalf of the company.

In Russia, the company has renewed its highly successful sponsorship of the Moscow International Peace Marathon for the third year. Participants from more than 40 countries are due to take part in what is regarded as one of the country's prominent sporting events, watched by thousands of spectators.

MLM Company Herbalife Joins Board Of DSEA

The Dietary Supplement Education Alliance (DSEA), a not-for-profit partnership of scientific, educational and industry groups, announced today that MLM company Herbalife Ltd. has been elected to the DSEA Board of Directors.

DSEA -- a unique coalition of scientific, educational and industry leaders -- educates consumers, the media and policymakers on the benefits of dietary supplements for optimizing health and prevention of disease, with a focus on their safety, efficacy and regulation. Its membership includes nutritional and dietary supplement suppliers, manufacturers, retailers, and publishers.

MLM Company Amway Invests In Malaysian Operation

Amway (Malaysia) Holdings Bhd is investing RM57.5 million for its proposed new corporate headquarters that could potentially support the group's sales revenue of RM1 billion when it is completed by 2008.

The new headquarters, sitting on a 1.8 hectare land in Petaling Jaya, is almost three times larger than its existing office and will have a larger warehouse capacity as well as a "Brand Experience Centre" showcasing Amway’s 200 products.

Investor's Business Daily Article About MLM Company Herbalife

Interesting article reviewing the recent history of MLM company Herbalife and the recent good financial results. Well worth a read to get a bigger picture view of Herbalife and the MLM industry.

Update On Direct Selling Industry In India

The still nascent domestic direct selling market gradually seems to be taking off, with the industry posting a growth of 18 per cent in the last year.

According to the Indian Direct Selling Association, the turnover for 2004-05 was about Rs 2,700 crore with the growth rate being sustainable at this point.

At present, the majority of products sold through this route are from the home and personal care segment, largely because customers prefer personalised suggestions on what products would specifically suit them.

Update On MLM Company Amway In India

Direct selling FMCG and MLM company, Amway India on Tuesday said it expects a nine per cent rise in its full year turnover from Rs 633 crore posted in 2005.

On the sidelines of Amway announcing the extension of its Personal Care range, William S Pinckney, Managing Director and CEO, told reporters that the nutrition, Health and Beauty products have overtaken the cleaning products in a 3:1 ratio in terms of revenue contribution, he said.

New MLM Company "Nussentials" Moves Into Revenue Stage

MLM company Nussentials Holdings, Inc., a provider and distributor of wellness and nutritional products based primarily on stabilized rice bran, announced today the introduction of the company's new shopping cart technology, which facilitates the company's entry into revenue stage. The shopping cart allows for online sales of Nussentials' products and gives Nussentials' marketing representatives their own websites for conducting business.

"With the release of our shopping cart technology, we are officially open for business and can now start booking revenues. The necessary capital investments have been made, the infrastructure and back office functions are in place and our technology is now ready to go live. Several years of preparation have brought us to the point where we are now able to start selling our products to the public, thus marking our transition into the next phase of our long-term growth plan," says Kelley Kirker, Chief Executive Officer of Nussentials Holdings, Inc.

MLM Company USANA Gets Exposure At Investment Conference

MLM company USANA Health Sciences Inc. today announced that it will be presenting at the Morgan Stanley Small Cap Executive Conference in New York City. Management will present a review of the company's business strategy on Thursday, June 15, 2006, at 9:45 a.m. Eastern time.

MLM Company Herbalife Extends Sports Sponsorship Campaign To Mexico

MLM company Herbalife Ltd. solidifies its presence on the global sporting landscape with a two-year sponsorship deal as exclusive nutritional supplement of "Circuito de Carreras Emocion Deportiva" presented by HSBC. The agreement marks the company's first sports sponsorship in Mexico.

"Circuito de Carreras Emocion Deportiva," Mexico's leading running circuit, is comprised of eleven races, including the world-renowned International Mexico City Marathon. The races take place June through December in Mexico City, Guadalajara, Monterrey, Cancun and Morelos, and are expected to attract approximately 45,000 runners and 500,000 spectators in all.

MLM Company Herbalife Gets Exposure At Investment Conference

MLM company Herbalife Ltd Chief Financial Officer Rich Goudis will participate in the Morgan Stanley 2006 Small Cap Executive Conference on Friday, June 16, 2006 at the Crown Plaza Times Square Manhattan in New York City.

MLM In Vietnam - Company Faces Probe

MLM company in Vietnam may lose its licence as a result of various regulatory infringements.