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Weekly MLM News: Xowii and Evolv Health Merge Into New MLM Powerhouse

February 4, 2011 By Troy Dooly Leave a Comment

This is some of the most exciting news of 2011. Last last year Xowii settled the pending lawsuit with MonaVie and opened a new door in their future. However, there just did not realize how all the positive events surrounding their company was going to change the lives of the distributors and the corporate team.

Tonight on ACE’s Radio Live Jim Gillhouse and myself will be interviewing some or all of the executive team of these two great companies to have them share how this all took place.

ACES Radio Live is on LIVE Every Friday Evening
Noon-1:00 PM Hawaii
3:00-4:00 PM Pacific
4:00-5:00 PM Mountain
5:00-6:00 PM Central
6:00-7:00 PM Eastern

You can also call (347) 843-4270 if you have questions regarding this show.

Filed Under: MLM Companies, MLM News Tagged With: , , ,
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MLM News Flash: NY Based Private Equity Firm To Acquire Pre-Paid Legal Services In $650M Deal

February 1, 2011 By Rose Mis 4 Comments

Pre-Paid Legal

Pre-Paid Legal Services Inc., will be acquired by Mid-Ocean Partners, a NY Based Private Equity Firm by the end of July 2011.

Pre-Paid Legal Services Inc, which offers legal services for a monthly fee, agreed to sell itself to private equity firm MidOcean Partners for $650 million in cash.

The offer price of $66.50 a share represents a 9 percent premium to Pre-Paid’s Friday close of $60.26.

Pre-Paid Legal said its board unanimously approved the agreement with MidOcean on Sunday and that the transaction is expected to close on July 31.

Pre-Paid had said in October that it was evaluating a $592 million buyout offer from an unnamed private equity firm. The company has been considering merger and acquisition offers for several months.

Shares of the Ada, Oklahoma-based company closed at $65.84 on Monday on the New York Stock Exchange.

“We are excited to have MidOcean involved in our efforts to increase the awareness of our consumer and small business services,” said Harland C. Stonecipher, Pre-Paid founder and chairman. “Our entire team is excited about the future prospects of our company and continues to believe, as does MidOcean, that our products offer tremendous value.”

Pre-Paid sells subscriptions to a limited package of legal services through a multilevel marketing network of independent agents. Those salespeople earn commissions on their sales, and the sales of others they recruit.

The transaction is expected to be complete by July 31.

Pre-Paid Legal’s 2010 4th Quarter & Year-End Results

During the 4th quarter of 2010, Pre-Paid’s new sales associates enrolled decreased 54.3% to 28,160 from the 61,623 enrolled in the 4th quarter of 2009 and new memberships produced decreased 20.8% to 117,472 during the 2010 quarter compared to 148,248 for the 2009 quarter.

For the year 2010, new sales associates enrolled decreased 25.6% to 138,442 compared to 186,064 enrolled during 2009 while new memberships produced were 502,982, a decrease of 11.5% from 568,095. Active memberships decreased 4.8% during 2010 from 1,547,585 to 1,473,237. From the 3rd quarter of 2010 to the 4th quarter of 2010, active memberships decreased by 19,896 memberships.

SOURCE Pre-Paid Legal Services, Inc.

Several leaders in the MLM Community are predicting that within 2-3 years Pre-Paid Legal will no longer be a multilevel network marketing company. Only time will tell.


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About The Author:

Rose Mis is the author of “Dead Blogs Don’t Lie ~ 7 Secrets To A Wildly Popular High Traffic Blog” and the editor and publisher of The Frugal Networker Newsletter. She is the creator and Executive Chef of the internet’s only Award Winning Attraction Marketing Training Kitchen. Rose is a top MLM / Network Marketing blogger and regularly blogs at thatMLMbeat.com. You are invited to stop by the Kitchen anytime you have any questions about blogging, marketing or mindset. Rose is here to help you get the results you are looking for as quickly and cost effectively as possible.

Blog: RoseMis.com Forum: MLM News

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MLM Weekly News A Look Back At The First Decade Of the 21st Century

January 14, 2011 By Troy Dooly 2 Comments

Click The Images Below To Read The Full Report!

Barry Minkow Destroyed Evidence And Lied To Court In Extortion of Lennar Corp., Judge Rules

Barry Minkow 2.0

Filed Under: Blog, MLM Companies Tagged With: , , ,
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MLM Weekly News: MLM and AAA Join Forces, Usana Donates $11 Million and Meet Lisa Jimenez, Dondi Scumaci and Jillian Middleton

December 27, 2010 By Troy Dooly 1 Comment

Youngevity Mineral Makeup

Gerry Nehra

“Mr. Speaker, I rise today to draw members’ attention to an industry that touches the
lives of many of our constituents: direct selling. Direct selling provides flexible and
convenient earnings and opportunities for over 900,000 of our constituents, 91% of
whom are women. Direct selling in Canada generates $2.2 billion in sales, almost $800
million in personal income and contributes almost $1 billion in taxes.
Direct selling companies give back to their communities, contributing almost $8 million
in charitable causes and that does not include the millions in contributions that individual
direct sellers make every year.
I encourage members to learn more about this dynamic and important industry at a
reception this evening with the Direct Sellers Association of Canada at the Government
Conference Centre.”

Lisa Jimenez

Kozy Toez

Dondi Scumaci

Face Biz Pro

Jillian Middleton

Filed Under: MLM Blog, MLM Companies, MLM News
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MLM Weekly News Report: Orrin Woodward Speaks Out On Amway Settlement And A Special Insider Secret Revealed!

December 17, 2010 By Troy Dooly 1 Comment

This week Troy Dooly, shares some very interesting information about some of the greatest MLM coaches, news reporters, blogger and servant leaders inside the direct selling industry worldwide.

As a sought-after educational speaker, Bryan Thayer has traveled the country teaching his nine laws of networking. His self-help book, The One Minute Networker, available in five languages, teaches a life-changing approach to networking. Bryan and his wife Jackie have four children and live in Salt Lake City.

Orrin states… “We are pleased to announce that Amway Corp., MonaVie, TEAM, Orrin Woodward, Chris Brady, Tim Marks, and other parties have reached agreement to resolve all pending legal and arbitration disputes between them. The terms of the agreement are confidential.”

MLM Attorney and former in-house counsel for TEAM, Kevin Thompson wrote the following on his blog about the Amway .vs Woodward case… “In the same announcement, Amway announced a settlement with Orrin Woodward and TEAM. The Amway / Woodward / Team litigation has been insanely intense since August of 2007. I was there for the start and I’m certain there’s much relief on both sides as a result of the settlement. The Amway / Woodward litigation produced a cutting edge court opinion about the limits of First Amendment protection for anonymous bloggers that disparage a company. Click here for the opinion. ”

Now if we can just get Frank Vandersloot, the founder of Melaleuca out of court things would be on the right track.

Distributor sues Vandersloot

Melaleuca law may not be bullet proof.

What is Reverse Marketing in Direct Selling?

Ted states… I have seen some Top Earners using Reverse Marketing Spam, in my humble opinion you loose your credibility very, very fast……

Who is Mia Davies?
Mia Davies

Mia will tell you “Gurus Suck at MLM” and by the time she is done explaining why she feels so strongly about her statement… You will think “Gurus Suck at MLM also :) Her unique way of just telling you like it is, will change your life forever! She has not forgotten where she came from or the one basic principle it takes to win in MLM… Building one-on-one personal relationship!

Todd Falcone

I mention Todd Falcone in my video above. Todd is the #1 coach when it comes to teaching you how sponsor UP! I awarded him “Trainer of the Decade” a few years ago, because of his unique ability to take the most “un-trainable” student and turn them into sponsoring power-houses. Today he is known as “The Fearless Networker!”

MLM - The Whole Truth
The following trio are some of the best MLM News reporters in the business.

Lou Abbott

I envision the time when the number one challenge that any person will have in building an MLM business will be permanently eliminated! What’s the number one challenge? It’s the reputation of the Multilevel Marketing industry.

John Counsel
I’m John Counsel from Melbourne, Australia, and I’m delighted to be working with Lou and his team to help share the vision of network marketing and what it should and can be like, and how to actually realize that vision.

Tracy Bard
I’m Tricia Bard from Santa Rosa Beach, Florida, and it’s my honor to join Lou Abbott and his Team in our mission of uplifting the reputation of this amazing Network Marketing industry….

Filed Under: Blog, MLM Companies, MLM News Tagged With: , , , , , , , , ,
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MLM Weekly News: Troy Dooly Shares Exciting Direct Selling News From Across The Globe

December 10, 2010 By Troy Dooly Leave a Comment
logo

I talked with Jim Moore the founder of The Tools Network today to learn more about the FaceBizPro application. My overall concern is the risk of distributors over hyping the use of the tool. Jim shared they have already hired a compliance team, and have already placed at least one heavy marketer on notice to calm down the hype!

After the last Facebook Application to hit the MLM, the legal team at Facebook will not hold back at suing the company, distributors and worse of all, shutting down Facebook Profiles who market and/or use the application if it is found distributors are in the eyes of Facebook harming their brand.

The Tool Network distributors need to act like professional business men and women, and not amateur social marketing spammers.

Three Great Direct Selling Gifts For This Christmas Season!

MPBToday Enhances Compensation Plan This Christmas Season!

Charities We Support This Christmas Season

Filed Under: Blog, MLM Companies, MLM News Tagged With: , , , , , ,
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Troy Dooly’s MLM News In Review: This Week We Focus On The International MLM and Direct Selling Arena

November 19, 2010 By Troy Dooly 1 Comment

This last week 21Ten launched and is already making some pretty big news. Although, the parent company has a 26 year history, and 21Ten is run by Richard Brooke, all of us wondered if Life Shotz would be a product folks would buy. Well I think we all know the answer now. Take a look at the testimonials on this new product. And watch for my own personal testimonial coming soon. All you have to do is Rip. Shake. Live!

Evolv Health is another company which launched this month. Talk about excitement from the field! Without a doubt Evolv Health and especially Trey White came on strong in the direct selling profession, attracting some pretty well known MLM Pros. And, as you can guess where there is excitement, there will be hype, controversy and success. Here is one of the newest videos to be produced by Garrett & Sylvia McGrath, founders of Team Inspirit.

<object width=”640″ height=”385″><param name=”movie” value=”http://www.youtube.com/v/YwRlXxOrM6M?fs=1&amp;hl=en_US”></param><param name=”allowFullScreen” value=”true”></param><param name=”allowscriptaccess” value=”always”></param><embed src=”http://www.youtube.com/v/YwRlXxOrM6M?fs=1&amp;hl=en_US” type=”application/x-shockwave-flash” allowscriptaccess=”always” allowfullscreen=”true” width=”640″ height=”385″></embed></object>

Ted Nuyten founder of Business For Home has just released his research on the top 20 direct selling businesses for 2011. (Read More)

Vemma Brand Partner, Ruth Elliott Wins Stevie® Award in 7th Annual Stevie Awards for Women

Pat Davis is leading a band of women entrepreneurs unlike those you may have heard of from other direct selling companies. Watch the fun the women of Passion Parties had at this years convention.

[flv]http://passionparties.com/media/flv/Highlight_Edit.flv[/flv]

Now the above is a little off the beaten path. And in doing research for an upcoming series titled “Secrets Men Keep” I ran across another site (non-profit) for women.

The mission of Christian Nymphos is to teach married women to walk in sexual freedom with their husbands, so they will be able to reach out and help free the women in their lives.

Filed Under: Blog, MLM Blog, MLM Companies Tagged With: , , , , , , , , , ,
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Troy Dooly’s Weekly MLM New Report For November 12th 2010

November 16, 2010 By Troy Dooly 3 Comments

[youtube]http://www.youtube.com/watch?v=vfuKdR8GW3Y[/youtube]

Xyngular is a company I have been watching for the last year or so. Over this time period I have shared a few concerns, none of which have anything to do with the ethics of the company or their leadership. The concerns were focused on the financial stability of the company and the single-line unilevel compensation plan they were using.

When they merged with another small direct selling company, it concerned me that the corporate monthly overhead, might be to much for the company to manage before they started to see momentum. However, they seemed to have overcome that concern.

My second concern, was the use of a “single-line, pay-line.” In reality this is just a good old unilevel compensation plan. But, when you add some of the bells and whistles to create the single-line marketing, some times the reps will over hype the whole concept. In this case, the concern was kept in check, and the company has started to attract some fresh young leaders.

One such leader is Lawrence Michael Young. Lawrence is the personal under-study of one of the most successful Noni leaders of all time. Over the years Michael matured and came into his own and realized that it was time to break apart form his mentor and go out on his own. This is sign of legacy building, and what true leadership is all about.

Michael Yanke has created one of the most unique direct selling companies I have seen in a while. Unlike the traditional direct selling companies, Michael has taken the same road companies like Vemma, Avon and Amway have taken. He has created a company where Generation X & Y along with their parents the world famous Baby Boomers all have something in common. Not only can they build a family business, they can all enjoy the My Life Share product line.

Rumor has it, that shortly one of the most recognized names in direct selling will be joining this company because of Michael and the uniqueness of the business itself.

Erik Laver, co-founder and former president of Send Out Cards has bought this company. Now that in and of itself is a positive move for this company. However, I do have a few concerns, which I do hope Laver will get a handle on.

Some very zealous Ximo distributors have used the phrase “Ximo has the Only FDA Approved Ephedra product.” The reality is that Ximo Health does purport to use the “only FDA compliant Ephedra formula.” If Laver can get the marketing under control, and overcome the negative marketing campaign funded by the large pharmaceutical companies over the last two decades, then maybe he will have a winner.

This is truly one to watch. Many folks loved Ephedra, and I personally do not believe all the negative hype around it. There are more folks who die each year from the misuse of prescription drugs, than the total of all deaths from the misuse of Ephedra.  However, the band was in part due to over hyping and misleading marketing by a few greedy people.

Filed Under: Blog, MLM Companies, MLM News Tagged With: , , , ,
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MLM Weekly News In Review: Learn The Inside News From Around The Direct Selling Industry

November 5, 2010 By Troy Dooly 1 Comment

[youtube]http://www.youtube.com/watch?v=ZzSpg_ZD8zo[/youtube]

This week we are sponsored by David Ballard & Bill Wardell founders of The Cyberhood Watch Community and Online Security Authority Site. These guys are two of the most active Cyber Bounty Hunters I know. And right now they need our help. Watch this video below and help us protect children and other innocent people from the predators surfing the net.

[youtube]http://www.youtube.com/watch?v=Fs1BaS81_X8[/youtube]

Visalus

Visalus

Visalus aka Body By Vi has picked up another solid MLM Pro, Robert Dean. Now many rumors have been running across the net, and some in my in-box, so I picked up the phone and talked to Visalus co-founder Blake Mallen, and asked him point blank “Did you pay Robert to join the company?” Blake didn’t hesitate at all when he stated “NO! Robert, tried the products, saw results and joined the company.”

Now, I know some folks have stated “Robert had already started losing his weight before Body By Vi!” Well, having tracked Robert’s success over the last ten years or so, I can see why he would want to lose his weight, and may have already started.

But, I stand by my original statements “Robert, has found a company that the Top Gun Team can get behind.” Maybe not everyone will want to join Robert and Top Gun, but at the end of the day, finding a company with leadership, a crusade and products/services you can believe in, is the #1 goal of all direct selling distributors, small or large.

Pinnacle

For some, Pinnacle University simply provides continuing education, filling in the gaps left by more traditional degree programs. For others, Pinnacle University classes provide a comprehensive education in one of four certification disciplines: 1) Personal Leadership Development, 2) Personal Finance and Wealth Building, 3) Personal Health and Nutrition, and 4) Personal Relationship Development. Regardless, Pinnacle University is the place where you’ll learn the skills that matter most in life, at a price affordable by everyone.

[youtube]http://www.youtube.com/watch?v=mNmHaAcDb0k[/youtube]

[youtube]http://www.youtube.com/watch?v=j9XT0IYBbc8[/youtube]

[quicktime]http://www.21ten.com/content/media/video/iphone/opp.mp4[/quicktime]

My good friend Brett Matheny has come out with a great question… Is There A Need For Another MLM Convention? Here is the link to an anonymous survey you can take. Oh one last thing, Bret is offering a chance to win an 8 Gig Nano ipod ($150) for anyone who takes our survey. The survey takes around 3 to 4 minutes to complete. Click Here

Where is Duke Kevorkian on his MLM Journey. Well I caught up with Duke last week (Week 9) and here is his activity, and a short video from one of his new leaders.

Week 9 Results:
129 calls, 38 emails, 39 ads posted, 3 appts. booked, 2 happened, 8 new contacts, 2 referrals, 6 three way calls, 0 personal new recruits, 4 team recruits-congratulations to you guys! I am getting several calls per day from the ads posted online but no results for quite some time now….as long as the calls keep coming I will stay on it and keep working warm market….also putting bigger focus on prospecting while I am out and running around….have a great week and HAPPY HALLOWEEN!

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Weekly MLM News In Review: Which Company Changed Their Name, and Which Ones Are Making Traditional News?

November 4, 2010 By Troy Dooly 2 Comments

Weekly MLM News In Review:

Which Company Changed Their Name, and Which Ones Are Making Traditional News?

[youtube]http://www.youtube.com/watch?v=_dOxs17jcek[/youtube]



21TEN Joins International Stars For Andre Agassi’s Gala Event And Fundraiser
NFL ALUMNI ASSOCIATION And REVOLUCION WORLD WIDE ANNOUNCE PARTNERSHIP AGREEMENT
Vemma® Brand Partner Ruth Elliott Named as Finalist in 7th Annual Stevie® Awards for Women in Business
Vemma’s Second Annual Campaign Raises $40,000 to Benefit Children’s Miracle Network

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