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Herbalife International was founded in 1980 by 24 year-old Mark Hughes. Hughes passed away in 2000 at the age of 44. Mr. Michael O. Johnson joined Herbalife in 2003,free games app, and currently serves as CEO and Chairman. Herbalife markets products for nutrition,cut rope game, weight management,dead space 1991, and personal care. A 2008 annual report claims 1.9 million distributors in 72 countries,mojang minecraft pe update, with annual sales of 3.8 billion dollars. Approximately 80% of Herbalife's 2008 net sales were generated outside of the United States.

With the exception of China,pandora desktop download, Herbalife's business model worldwide is that of a network marketing company—also known as multi-level marketing (MLM.) Because "Pyramid type promotional schemes" are illegal in China,how to download temple run 2, Herbalife products must be sold there in conventional outlets.

Many distributors and consumers rave about Herbalife's products,subway game app, while others have attributed multiple ill effects to them.

In general,medal of honor xbox 360, most MLM companies offer unique and well-received products,app store for pc, and Herbalife is no exception. Without good products,dead space ignition, such companies are unlikely to initially succeed or endure. The reason is that this business model primarily rewards the company itself,fruit ninja download, plus a few distributors at the narrow top of a broad based triangular structure.

Herbalife's online brochure states: "Herbalife's mission for good nutrition,free games apps for android, a healthy,gta app, active lifestyle and financial well-being helps millions of people reach their ideal weight,download apps for android, look and feel healthier,angry bird game online, and earn what they're worth." A select few at the top of the compensation plan earn several hundred thousand dollars each year. Meanwhile,cut the rope 4-24, the average 2008 yearly income for all "sales leaders" was $2,dead space vs dead space 2,200. Among "active" sales leaders,cars racing, 86.4% earned $440 for the year. According to their own mission statement,spy phone, Herbalife management has determined that 86.4% of its "active sales leaders"--people who actively work Herbalife as their home business--are worth $440 for an entire year's work.

The business model used by Herbalife International requires thousands of recruited new distributors to keep the system afloat. New recruits often pay their initial "start-up" fees and then order auto-ship products until they become discouraged about not making a sustainable income. In companies using this business model,strategy free games, the attrition rate—i.e. people who "drop out"-- within the first 90 days is greater than 70%. In recent years,dead space logo, millions of people have turned to the Internet to purchase products. Scores of entrepreneurs who wish to work from home recognize this opportunity and are turning to the Internet in order to satisfy this requirement. Savvy Herbalife distributors and other modern business men and women are wise to follow this trend.