Dallas-based Kynect announced the additions of Donna Valdes and Allen Spence to its executive team. The hires come as the company readies for continued national expansion. Valdes brings more than two decades of experience leading multimillion-dollar direct sales operations and will lead as Senior Vice President of Sales and Field Development. “I’m excited to join…

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Direct selling companies love representatives who are independent, self-motivated entrepreneurs. At the corporate level, we have a strategic focus on new product launches, promotions, and sales, but we’re also invested in the values we share and the lifestyle we and our representatives espouse. That’s why we, as an industry, need to be on top of…

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Ruby Ribbon announced Michelle Sanft as the company’s new chief operating officer and chief financial officer, and Loly Hlade as its new chief marketing officer. Both will report to CEO Clint McKinlay. With a 25-year career in financial management, operations and strategy, including executive experience in social-selling channels, Sanft will play a pivotal role as…

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Univera has decided to transition away from network marketing. The following message was posted to the Univera website on October 1, 2020: It is with a heavy heart that we announce that Univera ownership has made the difficult decision to transition the company from a network marketing organization to sales strictly through e-commerce channels. Owners…

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Transformation Capital reported that August saw gains for the majority of the large-cap and small-cap stocks in its tracking set. According to the investment banking and business development firm, each of the stocks in its large-cap set remain well above their pre-pandemic levels, and the majority continue to significantly outperform the major indices. Smaller-cap stocks…

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VirBELA recently announced exponential growth and momentum in the second quarter of 2020. Backed by a billion-dollar public parent company, eXp World Holdings, VirBELA saw a 260 percent increase in revenue in the second quarter of 2020 compared to the first quarter of 2020, more than a five times increase in monthly active users and six times…

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Insights on leading during a global pandemic from the CEO and President of Oriflame and WFDSA Chair.  I was fortunate to catch up with the WFDSA Chair and the CEO and President of Oriflame Magnus Brännström. He offered his insights on leading during the COVID-19 pandemic and the challenges, changes and successes of the direct…

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International growth is becoming the key driver of growth for many direct selling companies that have stalled or gone stagnant in the domestic market—international business is increasingly becoming more crucial for survival and growth. Here are the three How’s and the five questions of How to grow internationally. HOW SHOULD I GO INTERNATIONAL? 1. Go…

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(This article was written by George Bradt and appeared on forbes.com.) Most of executive onboarding is just common sense. Still, different people latch on to different nuggets that help their own chances of success in a world in which 40% of new leaders fail in their first 18-months. These 40 tips all nest under the importance of…

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Truman Hunt has joined the founding board of directors of new integrative beauty company Solvasa as chairman. Solvasa was founded by health and beauty industry veteran Lori Bush and leading Beverly Hills plastic surgeon Dr. Ritu Chopra. Prior to joining Solvasa, Hunt was the CEO and board member of Nu Skin Enterprises, leading the company…

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