As the US moves into the date of the 11th day of the 11th month in the year, 2011, and most other countries are now in that date, you may find value in relfecting on what this date means to you.
Accoring to our 'in-house' shaman, it is the beginning of a period of time that spans through to 21 Dec 2012, and this significant November 11th date is the commencement of this period fo preparing for the Age of Aquarius and departing from the Age of Pisces.
However you perceive this date, we believe it will be great for you and your business!
Friday, November 11, 2011
Don't you love it when they suggest it's a pyramid with the top people getting paid all the money
I was speaking with a friend and colleague recently and I was taken back by their inference that direct selling involved the people 'at the top' getting paid all the money and the people 'at the bottom' getting very little of the money. Now this was a well-educated person, however they felt the industry needed to change to 'fix this'. I didn't debate or challenge this person, because I respect their interpretation. Their inference, like many, is that conventional main-stream business models are better because apparently, the people at the top don't make all the money, and the people at the bottom share more equally in the distribution of wealth. Now that's something I don't see the rationale of...considering the below:
Average Compensation of CEOs of 367 US Firms
2004 - $11.8 million*
2003 - $8.1 million
1990 - $2.0 million
The 590% increase in CEO compensation from 1990 to 2004 far outstripped the increase in performance in the stock market, inflation, employee wages or the minimum wage.
*This average rises considerably when then number of top corporations is reduced to say the top 100 corporations.
According to United for a Fair Economy and Institute for Policy Studies (2007): "If the minimum wage had risen as fast as CEO pay since 1990, the lowest paid workers in the US would be earning $23.03 an hour today (2006), not $5.15 an hour."
The Ratio of Average CEO compensation and Minimum Wage Worker in the US 1965-2005
2005 - 821:1 (Worker- Minimum wage $5.15/hr plus benefits)
2004 - 725:1
2003 - 540:1
2002 - 416:1
2001 - 668:1
2000 - 815:1
1992 - 319:1
1989 - 207:1
1978 - 78:1
1965 - 51:1
Source: Mercer Survey of 350 large industrial and service firms conducted for the Wall Street Journal
Examples of Large Executive Compensation in the US
On January 3, 2007, chairman and CEO of Home Depot Inc. Bob Nardelli's severance package was $210 million.
InterActive Corporation (IAC) chairman and CEO Barry Diller's 2006 compensation was $295 million. (Also see our article CEO calls Corporate Governance Researchers Birdbrains!)
David H. Brooks, chairman and CEO of DHB Industries made over $250 million as DHB profited from supplying bullet-proof vests to US Marines in Iraq despite 5,000 vests being returned as ineffective in May 2005. His base salary of $70 million in 2004 was 13,000% more than his 2001 compensation of $525,000. In 2004, Brooks sold company stock worth about $186 million, initiating a drop in DHB’s share price from more than $22 to $6.50, after which he was put on "administrative leave".
Exxon Mobil's chairman and CEO, Lee Raymond's 2006 retirement package was about $400 million.
The CEOs in the examples above also held the position of chairman of the board of directors, a board which must according to fundamental corporate governance principles - and often by law - fulfill their fiduciary duties, monitor the performance of the CEO, hold the CEO accountable, represent the interests of the shareholders in the boardroom, and act in the best interests of the corporation's shareholders.
Lucian Bebchuk and Yaniv Grinstein of the Harvard Law School write in their paper The Growth of Executive Pay that during the period 1993-2003, executive pay "has grown much beyond the increase that could be explained by changes in firm size, performance and industry classification."
Who's the 'pyramid' now?
Average Compensation of CEOs of 367 US Firms
2004 - $11.8 million*
2003 - $8.1 million
1990 - $2.0 million
The 590% increase in CEO compensation from 1990 to 2004 far outstripped the increase in performance in the stock market, inflation, employee wages or the minimum wage.
*This average rises considerably when then number of top corporations is reduced to say the top 100 corporations.
According to United for a Fair Economy and Institute for Policy Studies (2007): "If the minimum wage had risen as fast as CEO pay since 1990, the lowest paid workers in the US would be earning $23.03 an hour today (2006), not $5.15 an hour."
The Ratio of Average CEO compensation and Minimum Wage Worker in the US 1965-2005
2005 - 821:1 (Worker- Minimum wage $5.15/hr plus benefits)
2004 - 725:1
2003 - 540:1
2002 - 416:1
2001 - 668:1
2000 - 815:1
1992 - 319:1
1989 - 207:1
1978 - 78:1
1965 - 51:1
Source: Mercer Survey of 350 large industrial and service firms conducted for the Wall Street Journal
Examples of Large Executive Compensation in the US
On January 3, 2007, chairman and CEO of Home Depot Inc. Bob Nardelli's severance package was $210 million.
InterActive Corporation (IAC) chairman and CEO Barry Diller's 2006 compensation was $295 million. (Also see our article CEO calls Corporate Governance Researchers Birdbrains!)
David H. Brooks, chairman and CEO of DHB Industries made over $250 million as DHB profited from supplying bullet-proof vests to US Marines in Iraq despite 5,000 vests being returned as ineffective in May 2005. His base salary of $70 million in 2004 was 13,000% more than his 2001 compensation of $525,000. In 2004, Brooks sold company stock worth about $186 million, initiating a drop in DHB’s share price from more than $22 to $6.50, after which he was put on "administrative leave".
Exxon Mobil's chairman and CEO, Lee Raymond's 2006 retirement package was about $400 million.
The CEOs in the examples above also held the position of chairman of the board of directors, a board which must according to fundamental corporate governance principles - and often by law - fulfill their fiduciary duties, monitor the performance of the CEO, hold the CEO accountable, represent the interests of the shareholders in the boardroom, and act in the best interests of the corporation's shareholders.
Lucian Bebchuk and Yaniv Grinstein of the Harvard Law School write in their paper The Growth of Executive Pay that during the period 1993-2003, executive pay "has grown much beyond the increase that could be explained by changes in firm size, performance and industry classification."
Who's the 'pyramid' now?
Monday, August 8, 2011
Monday, July 18, 2011
Historical insights and other insights into the direct selling industry
I stumbled upon this article whilst researching the quote:
'All truths go through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident.'
--Arthur Schopenhauer
I found it an excellent historical summary and insight into one of the newer distribution of product and profit models in our economy. I am confident you will find some revelations in this document that you were not previously aware of.
http://www.kingsports.net/Download/Articles/sellyourself.pdf
'All truths go through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident.'
--Arthur Schopenhauer
I found it an excellent historical summary and insight into one of the newer distribution of product and profit models in our economy. I am confident you will find some revelations in this document that you were not previously aware of.
http://www.kingsports.net/Download/Articles/sellyourself.pdf
Tuesday, October 26, 2010
The benefit of being in the pathway of product & profit distribution!
We just seen a great story unfold in our sales team. A few years ago we recommended the company’s health science products to a client who trusted our recommendation and became a regular product user. When the time came to move him to Preferred Customer status, we explained the benefits of being a distributor rather than a PC for the potential of gaining a small financial return from referrals to his contacts, additional product use for himself, and any downline placements that occurred from his upline. In essence, he could potentially get discounts on his vitamins, and as he was going to buy the vitamins anyway, this was a no-lose situation.
Over the last few years this has panned out as expected. He would get a check every month or so, and this resulted in basically giving him a discount on his personal use vitamins. Now since he chose to get in the distribution pathway simply by joining as a distributor, and through no further effort on his part, one of his legs grew substantially. He was sitting on a half-built income stream than simply needed a second leg to allow him to take the money off the table.
Fast-forward to now. His wife decides, after years of using the products herself, and finding the timing was right for her, to start up her own business. With the relaxation of the company’s regulations in relation to husband/wife having separate The company businesses, and after consultation with the soon-to-be upline, she commenced her own The company business on the weak side of her husbands. All of sudden his checks become so much more regular. In fact between them they received about seven checks in the first five weeks of the wife’s new business, and covered her set up costs and more.
That’s the power of this business! So many distributors in our team, by virtue of the unique distribution model and compensation plan, are sitting on a goal mine of cash flow that just needs one more leg to full exploit. This has been an excellent example of the benefits of getting involved as soon as one can by placing yourself and your The company business in the pathway of product and profit distribution!
Over the last few years this has panned out as expected. He would get a check every month or so, and this resulted in basically giving him a discount on his personal use vitamins. Now since he chose to get in the distribution pathway simply by joining as a distributor, and through no further effort on his part, one of his legs grew substantially. He was sitting on a half-built income stream than simply needed a second leg to allow him to take the money off the table.
Fast-forward to now. His wife decides, after years of using the products herself, and finding the timing was right for her, to start up her own business. With the relaxation of the company’s regulations in relation to husband/wife having separate The company businesses, and after consultation with the soon-to-be upline, she commenced her own The company business on the weak side of her husbands. All of sudden his checks become so much more regular. In fact between them they received about seven checks in the first five weeks of the wife’s new business, and covered her set up costs and more.
That’s the power of this business! So many distributors in our team, by virtue of the unique distribution model and compensation plan, are sitting on a goal mine of cash flow that just needs one more leg to full exploit. This has been an excellent example of the benefits of getting involved as soon as one can by placing yourself and your The company business in the pathway of product and profit distribution!
Sunday, September 12, 2010
The New 'Solution'
The new health and freedom 'Solution' DVD really is a solution for anyone in growing their business!
Why?
1.The Solution offers SO MUCH LEVERAGE! Anyone can put a DVD in a DVD player and press play...
2. We can put as much or as little of our own personality into each 'viewing'...
3. The skills required to present our business have just dropped big time...
4. The online tools have just improved big time...
5. Now we can offer 'viewings' instead of 'presentations'...
Get the Solution, get everyone you know to watch it, get those keen going, get paid, get busy building your business and get busy doing the same with your new team members!
Why?
1.The Solution offers SO MUCH LEVERAGE! Anyone can put a DVD in a DVD player and press play...
2. We can put as much or as little of our own personality into each 'viewing'...
3. The skills required to present our business have just dropped big time...
4. The online tools have just improved big time...
5. Now we can offer 'viewings' instead of 'presentations'...
Get the Solution, get everyone you know to watch it, get those keen going, get paid, get busy building your business and get busy doing the same with your new team members!
Friday, September 3, 2010
Introducing! Proflavanol C100
Help your body step up the fight against free radicals with the synergistic combination of grape seed extract and vitamin C – with the new break through Nutritional Hybrid Technology!
USANA is the first in the industry to employ Nutritional Hybrid Technology, featuring bilayer tableting, which allows two unique formulations to be combined while remaining distinctly separated. This innovative technology opens the door to accelerate innovation in supplement design and manufacture.
An upgrade to Proflavanol® 90 – Superior formulation at the same price and points!
Proflavanol C100 will replace Proflavanol 90 in all orders commencing 4 September, 2010. (NB: it will be available from 1pm AEST)
Antioxidant Power…
We hear or read about antioxidants on almost a daily basis but how many of us know what they really are? Antioxidants are substances or nutrients in our foods which can prevent or slow the oxidative damage to our body. When our body cells use oxygen, they naturally produce free radicals (by-products) which can cause damage. Antioxidants act as "free radical scavengers" and hence prevent and repair damage done by these free radicals1
Where can we find these antioxidants? There are more than 20,000 bioflavonoids and bioflavanols identified today with differing degrees of antioxidant activity. Procyanidins (flavanols) appear to be some of the most powerful free-radical scavengers available. Procyanidins are found in many types of foods, but in extremely small amounts. Some of the highest concentrations of procyanidins are found in grape seeds.3,4,5,6
Supplementation of vitamin C was also found to improve components of the human immune system such as antimicrobial and natural killer cell activities. Vitamin C contributes to maintaining the integrity of cells and protects them against reactive oxygen species generated during the respiratory burst and in the inflammatory response.7
Why Proflavanol C100?
There are a significant amount of benefits to be had by consuming Proflavanol C 100, many of which are listed below:
Employs break-through Nutritional Hybrid Technology by combining two formulations into one bilayer tablet, keeping the formulations distinctly separate. This combination helps you to simplify your nutritional regimen by decreasing the number of tablets you need to take everyday.
Supports Cardiovascular Health - helps maintain normal healthy blood vessels and capillaries. It may assist blood circulation and helps maintain a normal healthy vascular function.
Supports Healthy Immune Function -The procyanidins found in the grape seed extract content together with the Poly C, as in Proflavanol C100, helps support and maintain a normal healthy immune system and function.
Promotes healthy skin - can help defend against cellular damage caused by free radicals that can negatively impact the skin’s appearance. With its unique combination of grape seed extracts and vitamin C, Proflavanol C100 may help to maintain normal healthy skin, and may be beneficial in improving skin-aging appearance.
Helps in relieving symptoms of colds*
Vegetarian safe
Proflavanol C100, USANA’s unique bioflavonoid supplement, contains the equivalent of 12 g of grape seed extract along with 300 mg of vitamin C in each tablet, and comes in a delicious grape flavor.
Try Proflavanol C100 TODAY – ORDER NOW
NB: Products will be available 4 September, 2010 at 1pm (AEST)
Talk to your customers and prospects about the benefits of Proflavanol C100 using the downloadable flyer or download the Product Information Booklet page for more information.
Experience the benefits of superior antioxidant protection and ground-breaking Hybrid Technology in this superior formulation!
Here below are some links with useful information:
Links:
Proflavanol C100 Flyer – English
Proflavanol C100 Flyer – Chinese
Proflavanol C100 Product Information Booklet page – English
Proflavanol C100 Product Information Booklet page – Chinese
* If symptoms persist see your healthcare practitioner. Not to be used in children under two years of age without medical advice.
References:
1. Healthcastle Nutrition Inc, 1997-2010; http://www.healthcastle.com/antioxidant.shtml
2. Littaru GP, Battino M, Folkers K In Cardenas E and Packer L (eds) Handbook of Antioxidants. Marcel Dekker:New York. 1996 Pp. 203-39.
3. Liu S, et al., Am J Clin Nutr, 2000; 72:922-28.
4. Michaud DS, et al., A J Clin Nutr, 2000; 72-990-97.
5. Slater, TF In Conn HO, ed. Royal Soc Med International Congress and Symp Series, 1981; No. 47:Pp 11-15.
6. Maffei F, et al., Arzneimittelforschung, 1994; 44:592-601.
7. Wintergerst ES, Maggini S, Hornig DH, Ann Nutr Metab. 2006;50(2):85-94. 8. Shenouda SM, et al., Grape Seed Extract Plus Vitamin C Improves Indices of Vascular Health, USANA Clinical Research Poster 2010; http://www.usana.com/dotCom/difference/hir/sci_crb
USANA is the first in the industry to employ Nutritional Hybrid Technology, featuring bilayer tableting, which allows two unique formulations to be combined while remaining distinctly separated. This innovative technology opens the door to accelerate innovation in supplement design and manufacture.
An upgrade to Proflavanol® 90 – Superior formulation at the same price and points!
Proflavanol C100 will replace Proflavanol 90 in all orders commencing 4 September, 2010. (NB: it will be available from 1pm AEST)
Antioxidant Power…
We hear or read about antioxidants on almost a daily basis but how many of us know what they really are? Antioxidants are substances or nutrients in our foods which can prevent or slow the oxidative damage to our body. When our body cells use oxygen, they naturally produce free radicals (by-products) which can cause damage. Antioxidants act as "free radical scavengers" and hence prevent and repair damage done by these free radicals1
Where can we find these antioxidants? There are more than 20,000 bioflavonoids and bioflavanols identified today with differing degrees of antioxidant activity. Procyanidins (flavanols) appear to be some of the most powerful free-radical scavengers available. Procyanidins are found in many types of foods, but in extremely small amounts. Some of the highest concentrations of procyanidins are found in grape seeds.3,4,5,6
Supplementation of vitamin C was also found to improve components of the human immune system such as antimicrobial and natural killer cell activities. Vitamin C contributes to maintaining the integrity of cells and protects them against reactive oxygen species generated during the respiratory burst and in the inflammatory response.7
Why Proflavanol C100?
There are a significant amount of benefits to be had by consuming Proflavanol C 100, many of which are listed below:
Employs break-through Nutritional Hybrid Technology by combining two formulations into one bilayer tablet, keeping the formulations distinctly separate. This combination helps you to simplify your nutritional regimen by decreasing the number of tablets you need to take everyday.
Supports Cardiovascular Health - helps maintain normal healthy blood vessels and capillaries. It may assist blood circulation and helps maintain a normal healthy vascular function.
Supports Healthy Immune Function -The procyanidins found in the grape seed extract content together with the Poly C, as in Proflavanol C100, helps support and maintain a normal healthy immune system and function.
Promotes healthy skin - can help defend against cellular damage caused by free radicals that can negatively impact the skin’s appearance. With its unique combination of grape seed extracts and vitamin C, Proflavanol C100 may help to maintain normal healthy skin, and may be beneficial in improving skin-aging appearance.
Helps in relieving symptoms of colds*
Vegetarian safe
Proflavanol C100, USANA’s unique bioflavonoid supplement, contains the equivalent of 12 g of grape seed extract along with 300 mg of vitamin C in each tablet, and comes in a delicious grape flavor.
Try Proflavanol C100 TODAY – ORDER NOW
NB: Products will be available 4 September, 2010 at 1pm (AEST)
Talk to your customers and prospects about the benefits of Proflavanol C100 using the downloadable flyer or download the Product Information Booklet page for more information.
Experience the benefits of superior antioxidant protection and ground-breaking Hybrid Technology in this superior formulation!
Here below are some links with useful information:
Links:
Proflavanol C100 Flyer – English
Proflavanol C100 Flyer – Chinese
Proflavanol C100 Product Information Booklet page – English
Proflavanol C100 Product Information Booklet page – Chinese
* If symptoms persist see your healthcare practitioner. Not to be used in children under two years of age without medical advice.
References:
1. Healthcastle Nutrition Inc, 1997-2010; http://www.healthcastle.com/antioxidant.shtml
2. Littaru GP, Battino M, Folkers K In Cardenas E and Packer L (eds) Handbook of Antioxidants. Marcel Dekker:New York. 1996 Pp. 203-39.
3. Liu S, et al., Am J Clin Nutr, 2000; 72:922-28.
4. Michaud DS, et al., A J Clin Nutr, 2000; 72-990-97.
5. Slater, TF In Conn HO, ed. Royal Soc Med International Congress and Symp Series, 1981; No. 47:Pp 11-15.
6. Maffei F, et al., Arzneimittelforschung, 1994; 44:592-601.
7. Wintergerst ES, Maggini S, Hornig DH, Ann Nutr Metab. 2006;50(2):85-94. 8. Shenouda SM, et al., Grape Seed Extract Plus Vitamin C Improves Indices of Vascular Health, USANA Clinical Research Poster 2010; http://www.usana.com/dotCom/difference/hir/sci_crb
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