LOS ANGELES, Jan. 13, 2012 /PRNewswire/ – ViSalus, the ultra-premium lifestyle company delivering cutting-edge products via the Body by Vi™ 90-Day Challenge, today announced that Blyth, Inc. has completed the third of a four-phase acquisition of ViSalus. Under the terms of the acquisition agreement between Blyth and ViSalus, the acquisition payments are based on an amount equal to a multiple of ViSalus’s earnings. The amount on which the payments are based has increased to over $250 million for 2011 compared to approximately $16 million for 2010. ViSalus’s sales have increased to $231 million in 2011 from$34 million in 2010.
All three company co-founders, Ryan Blair, Chief Executive Officer; Blake Mallen, Chief Marketing Officer; and Nick Sarnicola, top sales leader, have agreed to stay on with ViSalus in their current roles. The founders personally invested $14.6 million from the proceeds of the acquisition in restricted stock of parent company Blyth, Inc., making them the largest inside shareholders after the Goergen family.
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Network Marketing – Lifetime Residual Income
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What is network marketing?
Many of you might be asking yourself a question: what is network marketing? To describe what it is, it is necessary to describe what in includes. First of all, you are building a marketing network to promote some product or service. You will be creating a network marketing strategy, which will define how marketing network is created and what are the activities you will do to build the marketing network.
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5 Key Elements For Network Marketing Business Success
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With thousands of network marketing, direct sales and multi-level marketing opportunities to choose from, finding the right one is daunting at best, and should be undertaken using careful due diligence. One quick screening method is to check to see if the company is a member of the Direct Selling Association (DSA) which is the national trade association of the leading firms that manufacture and distribute goods and services sold directly to consumers. If a company is not a member, your first step would be to contact DSA to find out why.
As you comb through the internet looking for business opportunities and, more importantly, ways to evaluate them, you will find many sites and blogs offering “objective reviews” for MLMs and Network Marketing companies. Some will offer, for a small price, “the secrets” to finding the right business opportunities. Eventually, you will come to realize that these sources, while helpful for gathering information, are usually trying to sell you on their business opportunity.
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Not Listening? – You’re Not Leading
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It can be daunting trying to acquire all the skills on the “must do list” necessary to be a good leader. The following long list of attributes that describe a leader in the Network Marketing Industry may not tell the true story. The common expectation is that you provide a MLM Training platform, offer a well structured system to follow, instill the benefits of the product, clarify the you-benefits in the compensation plan, sell the security of the company and its management, make sure their goals are set and make them accountable, always be a good example and keep your team informed, involved and inspired; avoid nonproductive actions and always stay positive pulling from your up line and spreading it over your downline, put your people first but always instill the need to duplicate. Wow a lot to do – where does one start?
As part of my own MLM Training, I found a great tip in a book on my “recommended reading list” by John David Mann. His book, The Zen of MLM, is a great collection of Essays and Editorials that service the Network Marketer. His article, “Stop, Look, Listen”, last appeared in the March 2003 (“Leadership”) issue of Networking Times.
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Best Affiliate – Home Based Internet Income For Life
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Everyone wants to make home based internet income with their own website. Why shouldn’t you? The best affiliate sites are a great way to make money and if you search the Internet you are sure to find more than one make money program that interests you. No matter how you choose to make home based internet income it is important to realize that it will take work. This is especially true in order to become the best affiliate partner possible so that you can work from home on a full time basis.
The internet is full of ways to make money. The common misconception is that it doesn’t take much work and that the elusive make money quick concept can be realized on the web. This is not true. You can make money online with affiliate sites but it will take work and it will take time. There are no easy ways to get rich and build residual income.
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