Mannatech Reports Positive 1st Quarter Results – First quarter net sales for 2015 were $44.4 million, an increase of 3.3% as compared to $43.0 million in the first quarter of 2014. Mannatech’s net sales increased 7.4% in constant dollars, which is a non-GAAP financial measure that excludes the impact of fluctuations in foreign currency exchange rates.
This story broke yesterday when Tom Harvey, of the Salt Lake City Tribune, published his article. I went through the whole article I realized several issues. First is the fact, there are many moving parts of the rise and fall of MonaVie aka MYNT, and Second…
If I get this right, and it’s tricky as I said there are many moving parts, and we are just now pulling the lawsuits and filing, here is what I see on the surface.
1. In 2010 two transactions took place (not sure of which came first at this point); major stockholders sold their stock valued at that time at $186 million to the EMPLOYEE ESOP secured by a high-yield (article called it an “exorbitant interest rate), and during this same year, MonaVie executives sought out financing for $182 million from TSG-MV Financing LLC, securing “virtually all the assets” of MonaVie.
Unlike Network Marketing, NASCAR has outgrown it’s early days of controversy, where the South’s best Ridge Runners (those who transported illegal Moonshine, from the Still sites, to the Speakeasies), decided to get together to see who was really the best. Back then there were no rules, and everything was acceptable. It was win and win at all costs, kind of like network marketing seems to be today! But what if…
What can bring 28 female entrepreneurs together… Empowering other women! When I learned about Women United For ChangeI knew these ladies were on to something.
My friend, Laura Wells reached out and shared with me that not only was she a founder but several other dear friends like, Michelle Barns, Janine Finney, and Lory Moorland where also founders! I knew this was a movement I could put our whole team behind!
Over the years as I talked to each of these women individually, each shared the same vision of empowering women in ways that would improve their lives and the lives of their families.
Now to see them come together under this one common cause is a dream come true!
Take a few minutes and watch this video and learn how you can become a part of this amazing movement to Empower Women across the globe!
Welcome to this addition of the Home-Based and Small Business News & Info report. My objective is to provide this community with news and info that can help you build a successful enterprise no matter how large or small.
Something I noticed is that the majority, if not all these companies are a very solid purpose, mission and vision statement for their company and individual brands. They all know where they have come from and where they are going!
The last 24 hours has been very exciting for Kannaway. They received a valuation from $119.6-242.7 Million Valuation by Houlihan Capital which locked down the purchase of the company by Medical Marijuana Inc. (Full Release)
Yesterday at a press conference in Dallas, I watched as Kannaway announced the opening of their new Dallas regional office. This is a new business strategy lead by Dallas real estate broker, Wes Bishop.
Bishop in his career, has sold over $350 million in real estate and has agreed to help Kannaway acquire prime real estate in Dallas, Houston, Atlanta, Miami and other strategic locations as Kannaway expands from their current Southern California headquarters.
At yesterday’s press conference, news crews from all around Dallas attended to learn, not only about Kannaway but about four-year-old Harper Howard became the local example of the benefits of using cannabis hemp oil. Her seizures are decreased, according to her mother, due to the cannabis hemp oil she takes orally.
Although it’ still too early to know how this new business strategy will work, the one thing that is clear… Hemp is here to stay, and people are being helped by the benefits of the Cannabis plant.
Herbalife disciplines 600 independent reps for violating their polices and procedures on income and health claims. This is a bold move and goes against what the short-sellers and critics have been saying “Herbalife turns a blind eye!”
We have found several new home-based business trends to help you grow your business this year!
Stay tuned weekly to see what’s hot, what’s cold, and what’s trending in the home business community.
Looking for loopholes comes naturally for those of us in business today. Actually it starts long before we get into business. It starts, when we are kids, and we look for loopholes in doing our homework, being home by curfew, or even cheating on our tests. I think it boils down to the fact, we never learn the dif- ference in the “letter of the law” and the “spirit of the law.”
Shakespeare wrote several plays dealing with the letter vs. spirit antithesis, most times coming down on the side of “spirit.” We can even see this issue when it comes to the interpretations of the U.S. Constitution which have historically divided on the “Letter vs. Spirit” debate.
Even when facing uncertainty, some home business professionals know how to anticipate the unforeseen, plan a response, and continue navigating towards success. Why can’t you can do the same!
Sooner or later, every home business entrepreneur faces disruption in their business. It can be caused by a downward slide in the competitive edge, a shift in the regulatory environment, or their marketing company cutting the compensation. No matter what the underlying cause, the home business entrepreneur must learn to manage the disruption.
The most successful home business entrepreneurs don’t stick their head in the sand, leaving their assets exposed. Instead they go in flying high reviewing all the dynamics of their business, and create a plan for the worst case situation.
Now don’t get me wrong, I am NOT talking about going around crying “the sky is falling.” I am talking about a laser focus on where you want your business to go, and making sure NOTHING will stand in the way.
In network marketing we hear the question “What’s your why?” Yet have you ever really given much thought as to what the question really means to you or even how to even figure it out?
However, this is not a question we hear from the guidance counselor when we enroll for college, nor do we hear it from the HR Director when they interview us for a job. So, to hear it when we are looking to start a home business, may catch us by surprise and the answer we give may not be accurate.
If we do not know our WHY, then we are bound to repeat some of the same mistakes that have caused us frustrations in the past. Such as not fulfilling our goals, quitting at the first sign of rejection or worse yet, disappearing completely because we do not want folks to think we have failed once again.
So, how can we find the real answer to the question “What is your WHY?” I say we start with realizing what the basic question is asking.