Posts Tagged ‘Uber’
Hurdlr Acquires Direct Selling IBO App Deductr
Hurdlr recently announced that it has acquired Deductr, the self-employed tax savings app for direct selling independent business owners (IBOs). Hurdlr has already started rolling out its new Hurdlr Enterprise platform to direct selling companies. According to the company, within a few months the migration of existing Deductr clients to Hurdlr’s platform will be complete. “Many industry…
Read MoreCalifornia Assembly Bill 5 Approved
The California Senate Labor, Public Employment, and Retirement Committee passed a bill Wednesday that would likely result in a variety of industries, including gig economy companies, to classify individuals in their business as employees rather than independent contractors. Assembly Bill 5, introduced in January by Rep. Lorena Gonzalez, codifies and expands a landmark state supreme…
Read MoreFinancial Analysis
Public direct sellers: China issues have direct selling stocks starting 2019 off slowly; rideshare unicorn IPOs banged up in the public markets. China Issues Plague Direct Selling Stocks Our proprietary index of Direct Selling stocks continues to lag the S&P 500 so far this year through mid-May, down 3 percent versus +13 percent for the…
Read MoreAlways Keeping A Startup Mentality
Jeff Bezos has written a letter to his shareholders each year since the company’s inception. These letters outline Amazon’s long-term mission, culture and values. His 2017 letter, however, stood out more than the others for me. Bezos defined what he calls a Day 1 company vs a Day 2 company. Day 1 companies are: Agile…
Read MoreAnnual Meeting and the Way Forward
It feels like opening day! Or a Broadway premiere. Or the first day of a new job. The excitement is there, palpable. It’s the future— the potential, excitement, fear, danger, and thrill of something new and unknown. That is what I am hearing from direct selling executives across the country as we take the next…
Read MorePaying Daily Could Become Your Best Retention Strategy
Career Builder conducted a survey back in 2017 that confirmed that 78 percent of U.S. workers live paycheck to paycheck to make ends meet. In that same survey, it stated that Nearly 3 in 4 workers say they are in debt today, and more than half think they will always be. This shows why alternative…
Read MoreIs Your Arbitration Clause Enforceable?
With the start of a new year, direct selling companies might benefit from taking a new look at the arbitration clauses designed to protect them from class-action lawsuits. Why? Last week, the Ontario Court of Appeal deemed Uber’s arbitration policy to take advantage of drivers. A panel of three judges ruled on Wednesday that Uber was…
Read MoreWelcome To 2019!
Just as the arrival of a new year allows us start a new chapter and usher in new ideas, we too at Direct Selling News are excited to present to you a few new items for show and tell. As you can see we have added a new coat of paint to our look and…
Read MoreComment or No Comment? – The Art And Science Of Interacting With The Press
Whether or not there’s such a thing as bad publicity has been a matter of various opinions for decades. There’s less disagreement, however, about whether a company facing negative press should respond to the media’s challenges. Media relations professionals to whom Direct Selling News posed the question “When do you meet criticism head on, and…
Read MoreDirect Selling vs. The Gig Economy
What used to be friendly territory is now a battleground. The gig economy is no longer an outlier. According to a recent McKinsey Global report titled Independent Work: Choice, Necessity and the Gig Economy found that 162 million people in Europe and the United States—or 20 to 30 percent of the working-age population—engage in some…
Read More