Wednesday, August 29, 2007

Herbalife Scores Beckham


It was brought to my attention this morning on a call with a bright NYC Investor that I haven't given credit where credit is due. I've been talking about the lack of consumer branding among Network Marketing companies, and Herbalife has made a noteworthy effort.

Congratulations to Herbalife who scored huge by branding the LA Galaxy and world soccer star David Beckham.

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Tuesday, August 28, 2007

USANA is NOT a PYRAMID

The "PYRAMID" word continues to be used in discussions about USANA. As I have read the charges and the defense arguments, it seems clear that there is a lack of understanding as to what constitutes an illegal Pyramid scheme and how to recognize a legitimate company.

Kevin Grimes and Spencer Reese are among the most conservative and knowledgeable attorneys when it comes to the FTC's regulations for direct selling and case law. They have written a clear and concise primer that covers this issues nicely. It would be helpful for USANA haters and USANA defenders to take time to read this primer:

http://www.mlmlaw.com/library/guides/Primer.htm

I think you'll find that (despite what conculsions you may have drawn about direct selling) USANA is NOT a PYRAMID.

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