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Forbes Magazine recently did an article discussing the top ways that you can earn a decent living at home / starting your own business for only $5000 or less in capital investment. Of course this article wouldn’t be complete without mentioning the Direct Selling Industry, which accounts for a significant amount of the at home work force.

The Forbes article discusses the merits of Direct Selling, an industry that does over $30 billion dollars worth of business in the US alone. There are over 14 million independent distributors across the United States who make good money working for one of hundreds of different direct sales companies.
Several of the companies discussed in this article include Mary Kay , Avon, and Home Interior and Gifts . The article discusses the cost of setting up the business, purchasing starter kits and the long term investment both in time and money that is required to make it work.

This is a great article to read if you’re thinking about starting up your own home business, especially one in the direct sales industry. There are some great tips and facts that will give you an idea of what might work for you.

As an aside, Mary Kay and Avon are two of the longest standing Direct Selling companies out there. They have a stellar reputation both in the cosmetic world and in the direct selling Industry, however Home Interiors and Gifts has had some issues recently with layoffs and bankruptcy issues. This was not mentioned in the article. This is not to say that the home décor company won’t come out of their problems with flying colors, but always make sure that you check out any at home business opportunity with a thorough online search including checking them out with the Better Business Bureau before giving your money to anyone.

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While the summer has been settling down a bit since the Weekenders carnage, there still seem to be some hot topics that just seem to re-shape themselves. USANA started off the summer with a push by its Chairman and then CEO, Dr. Myron Wentz and his holdings Co, Gull Holdings, to the company private. After two and half attempts a “low-ball bids”, Wentz and Co appeared to put their tail between their legs and move on. Not so fast. As we reported this week, USANA’s stock (USNA) had a truly amazing run up 38% giving Wentz and Co a $160m gain on paper. The strategy of low-balling an offer only to have an independent counsel say it was way too low was brilliant. It also helped that USANA settled its difference with Barry Minkow who seems to have agreed to just disappear and leave USANA alone - although terms of the “settlement” were never released.

We had the chance to sit down with legendary network marketer, Dwayne Dyer of XanGo. His story of success is truly one of mythical proportions having a network of over 1 million people around the world! He gave us some pretty good insight into how he built his organization and the power of XanGo which has put Mangosteen on the map.

There were also some interesting deals announced this week. Nu Skin announced a research partnership with Toyo Bio-Pharma. On paper, this is a very strong deal for both companies given Nu Skin’s distribution breadth and Toyo’s global dominance of the process of fermentation and culturing all natural ingredients into cosmetics products.

Another deal was announced which partnered EcoQuest with the American Lung Association. The new relationship stems from Eqcoquest’s unveiling of its new air purification system called “Gemini” - which is the company’s first indoor filtration product that has gotten some pretty rave reviews. If you have any issues with allergies in your home, this is one product yous hould seriously consider.

In keeping with this weeks deals, Pureworks merged with Youngevity which while it was a bit of a surprise to us, does seem to make sense. The value to Pureworks is the expansion of their health and wellness products to now include a complete line of hand, body and home sanitizers. The deal definitely makes sense and can only be good news for the distributors of both companies which now have more products to sell with a larger number of people selling them.

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Dyer stresses the importance of choosing the right company. “It’s critical to look into the background of the individuals involved; make sure the people know what they’re doing. Take it for a test drive. Kick the tires.” When Gordon Morton—XanGo’s president of sales and marketing and Dwayne’s long-time friend and business associate—called Dyer to ask for his help in launching the product, Dyer told him it wasn’t a good time. Morton persuaded Dwayne to fly to Utah and see for himself. Dwayne saw for himself, and joined the team. He never looked back. “You don’t want to take a risk with a company that won’t make it… I trusted the six founders [of XanGo] would do the right thing. If I was going to put my life blood into it, I had to know I could trust them.”

Dyer has seen XanGo’s product and compensation plan have a positive effect on the health and financial well-being of people all over the world. XanGo’s compensation plan is what Dwayne calls a “perfect partnership with the field”; a 50% split. For every dollar that comes in, the worker gets half—Even Steven.

Another aspect of XanGo that appeals to Dyer is that they participate in various charities at the global, national, and community level. From distinguishing itself as the biggest contributor to Operation Smile, to funding new flooring, wall coverings, and seats at the 75-year-old Scera art house theater in Orem, Utah, XanGo is accomplishing things that Dyer feels he and other distributors can be proud of. While the concept of “giving back” is not new, it show both the people associated with XanGo, and the communities in which we serve, that XanGo is committed to their well being.

Dyer and other top leaders speak about personal beliefs as key ingredients in the success of this business or others like it. While perseverance can help you navigate through many obstacles, it is the true belief in your cause, products, people and dreams that allow you to move mountains. In the 1965 David Joseph Schwartz book ‘The Magic of Thinking Big’, the first chapter is entitled ‘Believe You Can Succeed and You Will’. In this chapter readers learn the fundamental process that Dyer and others truly believe to be the difference.

This difference is much more than what most people try, which is WISHING or HOPING, both of which occur without action. The book notes “There is nothing magical or mystical about the power of belief. Belief works this way; the “I’m-positive, I-can attitude, are what generate the power, skill, and energy needed to do. When you believe ‘I-can-do-it’, the how-to do-it develops.” All top leaders talk directly to this point, believing and then taking action through that belief will allow you to achieve. Dyer emphasizes the W.O.R.K. required in Network Marketing, but all the while he demonstrates what the company has done to make the WORK efficient and effective.

On the XanGo horizon, Dwayne Dyer looks forward to doubling the number of distributors and countries in which their products are currently available —the result would be an impressive 2 million distributors in 44 countries. He’s particularly excited about bringing the value of XanGo to countries where people are really hungry for an opportunity to succeed.
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Phone: 801 885-2828
Email: Dwayne Dyer
Website: www.dwaynedyer.com

Popularity: 6% [?]

“If you’ll work like crazy for 90 days, you too can make it work.” The hardest part is getting past Day 1, which is not the first day in the business… it is the first day you actually work in the business, they are not the SAME.

If you were building a company and doing the typical resume review, you would be hard pressed to find someone who has achieved as much as Dwayne Dyer has. As a distinguished powerhouse salesman, co-founder of two nutritional supplement companies, and author of several educational materials for network marketers, resumes like Dyer’s typically precede themselves.

Dwayne Dyer has been engaged within the global community throughout his career. Dyer began his association with the network marketing industry as Director of International Operations at Nature’s Sunshine Products in 1987. Dyer went on to serve as VP of International Sales and Marketing for Enrich International, Executive Director of Sales and Marketing for European Operations at Excel Communications, and National Sales Director for Shaklee Corporation. In short, he’s worn a lot of hats, carried a lot of influence, and seen a lot of success.

Dyer was attracted to network marketing because he noticed a lot of people with lesser education achieving greater success by taking the right opportunities at the right time. When Dwayne began sharing the XanGo opportunity, he focused on the three main components that convinced him that XanGo was the right opportunity at the right time: the founders, the product, and the compensation plan. These are the same selling points which he’s sharing with others today.

We asked Dwayne about the key ingredients to success for Network Marketing or Multi Level Marketing as many refer to it now. Dyer tells us that he educates people about the industry. “Not all MLM companies make it, and very few are a SURE thing.” He worries that many people will just get involved in the latest company, trend, or craze. His concern has nothing with them NOT joining his group. “I have become less worried about people who do nothing and more about people who work really hard in a company that has no ability to stick around long term!” Since he has been with XanGo, he has been approached by over 400 ‘Next Big Thing’ companies, all of whom do not exist today.

Additionally, Dyer told us there are certain things that have to be present for people to consider these companies and products as viable opportunities. They have to have solid management teams, they have to have proper funding, they have to have a manufacturing strategy for growth, they have to have products that really work, they have to have state-of-art software packages that manage and track all customers, representatives and proper commissions and finally, at minimum, they must have a marketing plan and compensation plan that are equitable, fun and reward the right behaviors. Most importantly, they have to have people who are willing to WORK!

Tomorrow Dwayne explains why in his opinion what it takes to make it…

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Phone: 801 885-2828
Email: Dwayne Dyer
Website: www.dwaynedyer.com

Popularity: 6% [?]