​Japanese inflation highest in 23 years

AFP Photo / Yoshikazu Tsuno

Last month Japan's inflation rate hit its highest level since 1991 - 3.2 percent - as the government tries to tackle a 20-year deflationary slump. Experts say Japan should focus on increasing demand, not higher prices, if it wants healthy economic growth.

April data released Friday by Japan reflected the sales tax hike, which rose from 5 to 8 percent.

Japan’s Prime Minister Shinzo Abe introduced the tax increase to boost government revenue by about $48.4 billion (5 trillion yen) in the year until April 2015. It's almost 1 percent of GDP, and will help the country contain its massive quadrillion yen debt - twice the size of the economy.

The latest IMF assessment of Japan’s recovery said the expected export growth would offset the tax hike, as overseas demand should start recovering.

While the so-called “Abenomics” did have some effect, the annual inflation rate still remains below the 2 percent target set by the Central Bank, when the tax hike is factored out.

Experts say stimulating demand should be the focus, as it will provide the investment necessary for the much desired growth. They agree Japan still needs deep, structural reforms to support growth.

"The need for inflation to be meaningful in contributing to a stable and faster growing economy is through demand and not through the input of higher prices," AP quotes Stephan Danninger, the chief of the Asia and Pacific IMF division.

"Near-term risks to the outlook are balanced, but the sustainability of the recovery over the medium term is at risk," the IMF said.

A Japanese government report showed industrial production in the world's third-largest economy fell 2.5 percent from a year earlier. Household spending also decreased by 4.6 percent, compared to March’s rise of 7.2 percent. The unemployment rate remained unchanged at 3.6 percent, the same as a month earlier.

However, some analysts were more upbeat, with Martin Schulz, of Fujitsu Research Institute telling the BBC "both consumer spending and retail sales will start rising in the latter half of the year."

"Consumer spending has declined as expected in April, but this is likely to be minor blip and will not affect the ongoing recovery," he said.

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UK slams Brussels seeking taxpayer cash for Kiev & jobless

Reuters / Alastair Grant / pool

Britain has slammed Brussels for demanding an extra £500 million ($835.30 million) as the EU seeks to collect another 4.7 billion euro from member states to help crisis-hit Ukraine and to cover youth unemployment projects.

While the UK “agreed that extra support be given to Ukraine and youth employment initiatives”, London“firmly believes” the European Commission should “reallocate existing funds within the agreed budget”instead of asking for more money.

"At a time when countries across Europe continue to take difficult decisions to deal with deficits, the European Commission should not be asking Europe's taxpayers for yet more money," a spokeswoman for Britain's Treasury, said in a statement.

"Member states agreed to frontload youth employment and science from 2015 to 2014, which means more resources are needed", the European Commission (EC) said on Wednesday.

The EC also said it needed more money to help Ukraine and under the so-called "contingency margin",the EU Commission can ask for extra funding to be spent for unforeseen circumstances.

In the case of Britain, one of the largest contributors to the union, its share of the extra 4.7 billion euro needed would equal about £500 million (600 million euro). Up to 75 million euro would go to help Ukraine.

Britain's EU bill has more than tripled over the last decade, bringing the cost from £2.9 billion in 2002 to £9.5 billion in 2012.

Prime Minister David Cameron has vowed to tackle the problem as part of his plan to reconsider Britain-EU relations if re-elected, staging an in-out EU referendum before 2017.

Britain Prime minister David Cameron (AFP Photo / Georges Gobet)

The EU’s demand has angered other member states as it comes shortly after last week’s European elections, in which millions in Britain, France, Denmark and Greece voted for populist and far-Left and Right parties, opposing closer ties with the EU or the bloc concept itself.

"What a smart way to react to the concerns of Europe's voters, let's ask them for more money," a European diplomat told the Telegraph. "The commission must live on another planet if they think that Europe can reconnect with people by raiding their wallets."

Last year, the EU approved a seven-year budget plan that foresees a maximum spend of 908 billion euro between 2014 and 2020.

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Multi Level Marketing or Pyramid selling? What’s the difference? MLM , pyramid , ponzi,scam

ANOTHER MLM OPPORTUNITY

Does your stomach sink when someone invites you to a business opportunity? Mention Network Marketing or Multi Level Marketing to most individuals and they automatically assume it is a pyramid or Ponzi scheme and yet some of the largest and fastest growing companies in the world attribute their growth to affiliates earning commission for selling their products… you would not consider companies like Amazon and Amway to be dodgy would you? So why is an MLM business likely to make you want to run a mile?  Because there have been some horrendous scams out there and we are all very wary and uneducated.

SO HOW DO YOU DIFFERENTIATE BETWEEN SCAMS AND LEGITIMATE MULTI LEVEL MARKETING OPPORTUNITIES?

We let’s take a look at what a Pyramid scheme is

A pyramid scheme (which incidentally is illegal) usually doesn’t have a product behind it.  It takes a hefty upfront fee without anything in return and money is made (mainly by those at the top) by recruiting others to come in.  The overall business model is unsustainable and creates no benefit other than a redistribution of money.  Many people will lose their money to make good the claims for a few.  Generally schemes telling you to do very little for great rewards with nothing for your joining or admin fee are pyramid schemes.  Another name is often a Ponzi scheme – named after Charles Ponzi – who used the technique in the 1920s to pay returns to other investors from money paid in at the bottom.  There is no profit earned and they require constant flows to maintain the scheme… he was by no means the originator of such scams as similar money making ventures were mentioned by Charles Dickens in the novel Martin Chuzzlewit in 1844 and in 1857 Little Dorritt. However Ponzi is the one remembered as the perpetrator if not for the method he used.

SO WHAT SHOULD YOU LOOK FOR IN A MULTI LEVEL MARKETING COMPANY?

1. Product, training or benefits to the value of your joining or enrolment fee
2. Products and services to sell as well as rewards for recruiting
3. Products are at a reasonable price
4. Income is achieveable just for selling product
5. Quality marketing material such as own web pages, banners etc
6. Back up and support helplines and emails
7. Quality marketing material
8. Quality upline training
9. Is there a product money back guarantee?

Understand the difference. Multi-level marketing companies follow a similar concept to a pyramid scheme, which is a reason for most of the confusion, except that two significant differences exist.

1. • Members at any level of a multi-level marketing model can make income through the company’s products and/or services without signing up any new members.
   • Members of any level in a multi-level marketing model can advance past the people who signed them up.
   • Multi-level marketing companies are LEGAL!

The main reason for this type of model is to reduce the cost of advertising. In this very social age rewarding the company’s members for “spreading the word” is a much more trusted and faster way of getting new customers than adverts and mailshots.  Unlike a pyramid scheme, any member on any level can make money without ever having to sign-up a new member. However, like a pyramid scheme, once the company reaches a certain population level, it becomes impossible for any new people to sign-up. Therefore, the people at the bottom cannot make bonuses for sign-ups, but they will still be able to make money based on the company’s product and/or services.  So if your products is in start up of a new concept, product or service you have the opportunity to make much more money than in a market that is saturated.
Look at the sign up fee…

1.  Is it reasonable?
2. Do you get goods or services that match up to the fee?
3. Can you make money from the product itself?
4. Can you make money without signing people up?

Like any business, your income depends on your ability to sell products or offer services. Any company that promises you money for doing nothing is not being honest with you and you will fail.

 There are many companies currently using this model to get new customers.  Many of the online mlm marketers have made a great deak of money at the launch by investing in the companies and getting them started.  This is of course a risk as how do you know how good a company and its products are likley to be if they are not tried and tested?  You are risking your own reputation on a product that will be going through beta testing and getting the bumps ironed out – BUT the rewards can be almost unbelievable if you have the right contacts and mindset.  Here are just a few of them.. ACN, Amway, Avon, TalkFusion, Tupperware, Nu SkinNetwork marketing is a very legitimate business, but some models may stray along a very tight line such as Herbalife who are being sued and have already had one court say they are a pyramid scheme.
To get the best return you need to be focused, be able to communicate with people or know someone who can and be willing to put in time and effort… if you have a product launch that has been successful in another country it is a strong bet it will be in yours too so look out for them – there will be some differences but at least they have ironed out most of the issues.  If it has been running a long time… it may now be staid and out of date as well as the market being saturated.. on the other side of the coin every NEW shiny toy will not make you money! So take care in looking at the business model behind the  idea.
Network marketing has proved itself as part of the new economy and a preferred way to do business here and around the world and it is by duplicating the same successful acts throughout the network that everyone benefits – the best network marketing or mlm models will reward those running the teams and sponsoring people in for helping their entire team to succeed NOT just for sponsoring them in to the system!
Just because a compensation plan goes more than one level deep does not make it scam.. it actually encourages those above to share their knowledge of what is working and get others to be successful so don’t be instantly dismissive.
Network marketing isn’t a get-rich-quick scheme. Success will follow for those who consistently put in effort, and who can repeat that… if they are leveraging a tiny amount off the people they are helping rather than on their own efforts burning them out they will be incredibly successful.

J. Paul Getty “I would rather make 1 percent on the efforts of 100 people than 100 percent on my own efforts.” This is the cornerstone of network marketing.

So to be successful in an MLM opportunity:

1. Find a product you like, have tested and believe in and check if they have any industry awards, affiliations and are following the DSA regulations such as not taking any more than £200 in the first 7 days…
2. Check out the training and the online comments about the product and take an average of what you find… most people will happily say nothing except if the product is exceptionally good or a bit rubbish…
3. Get to know your sponsor – what will they do for you over and above the norm or will they expect you to fly solo?  We have had both brilliant and invisible and believe me those who want to help you are far better than those who either don’t get it or don’t care.  They are duplicating someone else’s success so ensure they are doing something right and if you like them great – if you don’t find someone else…

In this age it is a huge shame if you do not open your mind to some astonishing opportunities – so ask a few questions, look out for what works well, has a high need, is not saturated and that you will happily invest time and money to make successful. After all we are all part of the largest pyramid scheme ever created…. it’s call life…




if You have any concern and need us help please contact us.
Or Comment bellow.
Thanks

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After Flat 4th Quarter, USANA Director Unloads $722,884 In Stock

USANA Health Sciences (NASDAQ:USNA) Insider Kevin Guest sold 10,160 shares of USANA Health Sciences stock in a transaction that occurred on Thursday, May 22nd. The stock was sold at an average price of $71.15, for a total value  of $722,884.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Shares  of USANA Health Sciences (NASDAQ:USNA) traded up 0.06% on Thursday, hitting $72.31. 3,980 shares of the company’s stock traded hands. USANA Health Sciences has a 52-week low of $55.01 and a 52-week high of $92.00. The stock’s 50-day moving average is $73.1 and its 200-day moving average is $71.87. The company has a market cap of $1.007 billion and a P/E ratio of 13.32.

USANA Health Sciences (NASDAQ:USNA) last posted its quarterly earnings results on Tuesday, April 29th. The company reported $1.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.30 by $0.15. The company had revenue  of $182.40 million for the quarter, compared to the consensus estimate of $185.85 million. During the same quarter in the previous year, the company posted $1.28 earnings per share. The company’s revenue for the quarter was up 7.9% on a year-over-year basis. On average, analysts predict that USANA Health Sciences will post $5.65 earnings per share for the current fiscal year.

Separately, analysts at Zacks downgraded shares of USANA Health Sciences from an “outperform” rating to a “neutral” rating in a research note on Tuesday, April 8th. They now have a $79.50 price  target on the stock. Three analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $79.38.

USANA Health Sciences, Inc develops and manufactures science-based nutritional and personal care products.

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Brazil economy in slowdown ahead of World Cup

Brazil hopes the expected 600,000 foreign tourists travelling for the World Cup will spur growth

Brazil's economy grew 0.2% in the first three months of 2014, official statistics show.

The Brazilian Institute of Geography and Statistics also revised down economic growth in the last three months of 2013, to 0.4%.

The sluggish growth figures come just before the start of the World Cup and presidential elections in October.

President Dilma Rousseff, who is seeking re-election, has said the football event will spur growth.

But high inflation and low business investment have put a damper on the expected lift from government investment in projects leading up to the sporting event.

This has spurred protests from Brazilians angry over the expense of the World Cup and the lack of trickle-down growth.

Business investment fell 2.1% in the first three months of 2014, the biggest decline in two years.

"I couldn't find anything positive at all in the [data]," said Bruno Rovai at Barclays.

Brazil, which is Latin America's biggest economy and the world's seventh largest, has suffered from stubbornly high inflation, which remains at 6%, above the central bank's target.

On Wednesday, the central bank kept its key interest rate at 11% in an effort to combat rising prices.

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Eric Worre Interview

Wednesday, January 2nd at 6pm Pacific/9pm Eastern, I will be interviewingEric Worre.

Dial: 805-399-1000
Login Code: 336399

Eric Worre has earned over $15 million in Network Marketing and has a Facebook fan base of over 90,000 fans.

Eric is not only a top Network Marketer, but he can also be found at the top of affiliate marketing leaderboards these days.

We will dig deep into the reasons why he has had such great success online and offline.

If you miss the call, you can catch the replay at the Prosperity Factory Live Broadcast page.

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VideoMakerFX Re-opens Today

The best selling product of all time on affiliate marketing site JVZoo is reopening today.

A few weeks ago I bought a software app that allows even the most “tech challenged” to create great videos.

Now, I use the app for my business about once a day. (Probably one of my best buys ever.) In fact, I estimate that this one app will save me over $2,000 a year in video production costs.

And I wasn’t alone in loving this, because this app became the best selling product of all time on JVZoo.

After the insane launch, they shut down to get a handle on all of the support and make some updates.

After over 1,000 requests, today they REOPEN with an updated version of the software. I’ve used the new version and it’s great…kind of hard to believe how fast the software creates a video and saves it to your desktop.

If you missed it the first time, you can grab VideoMakerFX right now.

Once you grab it be sure to send me a sample of your videos…I’d love to see what you put together!

Talk soon -

Ty Tribble

Here is a video I created with VideoMakerFX:

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Amway India’s CEO William S Pinckney arrested by Hyderabad police

Amway India chairman and CEO, William S Pinckney was detained on Monday, when a consumer filed a complaint against the company. This is the second time the police took him into custody. William S Pinckney was arrested from Amway’s headquarters in Gurgaon by the Hyderabad – Kurnool police. Last year, during the same month, he was arrested by the Kerala police.

As per officials, Monday’s arrest is based on a consumer complaint alleging unethical circulation of money through Amway’s operations filed in the state in December 2013. The same was also confirmed by  Amway India.

In the official statement, Amway India said “This is a very unfortunate incident that our senior official is being taken into custody by the Kurnool Police. Amway, as a law-abiding corporate, has always followed law of the land, fully cooperated in all ongoing investigations and has been responsive to queries and documentation,” the company said.

Amway India officials also said that all the required information and documents were submitted to the investigating police officials. Amway also added that Amway had no prior information on this case and nor have we been approached by any investigating agency.

Pinckney and two company directors were released on bail the next day on alleged charges of cheating. All three officials are booked under the Prize Chits and Money Circulation Schemes (Banning) Act.

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If A MLM Attorney Is Hired – Retained It Does Not Mean The Company Is Legal

In this video, the MLM Attorney Kevin Thompson explains what it means when his firm, or an other MLM attorney is retained (hired) by a network marketing client.

Kevin Thompson is an MLM attorney, proud husband, father of three and a founding member of Thompson Burton PLLC. Named as one of the top 25 most influential people in direct sales, Kevin Thompson has extensive experience to help entrepreneurs launch their businesses on secure legal footing.

Recently featured on CNBC with Herb Greenberg, Thompson is a thought-leader in the direct sales industry.

Kevin Thompson: "The fact that a MLM attorney is retained should never be viewed as an endorsement of the program".

There is a lot that goes one when a MLM Attorney working with a client and he makes it very clear that his name is never to be used in a promotional sense i.e. “We hired Kevin Thompson and he says we are a great company.”

He wants you to have a better understanding of what it means when a MLM attorney is retained by a client.

Watch this video to understand more.

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John Haremza – Javita $14+ Million In MLM Career Earnings

John Haremza lives in Fargo, North Dakota, USA is married 25 years to his wife Jana and has 2 beautiful daughters. John is the master distributor for Javita.

After he graduated high school, John got a job as a machine operator at the potato chip plant. When he was promoted to maintenance manager he thought that this $22,000 a year job was the best job he could ever hope for. Then he was introduced to Network Marketing and his life changed forever. 

John’s story is one of those American rags to riches, from adversity and obscurity to a life of dreams. Now after spending 25 years in network marketing John has earned over $14+ million in his MLM career. Over the past 25 years John helped his teams earn over $200 million in commissions.

Ted Nuyten had the honor to interview John Haremza:

John, walk me through your career in network marketing. How did you discover network marketing?

"As you know I have severe dyslexia which means I can’t read. I’m getting better now but all through grade school and high school this was a huge problem for me. I dreaded being asked to stand and read in class.

I still remember being asked to stand and read out loud in class and I would have to stammer and stutter my way through the passage. To this day I can feel the taunting of my classmates and the frustration of my teachers. I had no self-esteem, no self-confidence, and I just wanted to be invisible."

This is incredible particularly in view of the success you’ve had in this industry.  Your rags to riches story is an inspiration and a testimony to the life changing power of network marketing.

Yes, I truly believe that one of the contributing factors of my success is my story.  I believe that if I can do it, anyone can do it. Of course they must be with a company with all five elements in place. Anyone can do it if they are willing to stay focused, stay committed and consistent.

They must have faith that they will wake up one day and look back with amazement at how their life has changed.

How did you hear about network marketing? 

I was a blue collar worker in the Barrel of Fun Potato Chip plant in Perham, Minnesota.I had been promoted to maintenance manager. I loved my job. In fact, I believed I had the best job I would ever have. My family thought so too. Ironically, this was the first and last job I ever had.

A good friend invited me to come to his place one evening to look at a water filter business he was thinking about joining. I assumed he wanted me to check out the product or build a display. It did not even enter my mind that it would be about selling something.

I was amazed at what I saw that night. The suits from Minneapolis demonstrated a filter that turned the lake water from a murky grey to pristine drinkable water. I wrote a postdated check for $480 and bought four of them right there and then. When I got back to my trailer home my fiancé was not excited!

Did you know anything about network marketing back then?

I knew absolutely nothing, except that network marketing was one of those businesses where you make no money and lose your friends. This is how much I knew …..  there I was in the middle of winter selling water filters, in my spare time, door to door. I used the puppy dog close, “Try one for a week and decide if you want to keep it”. My brother saw what I was doing and wanted to join me.

I can remember it as clear as yesterday. I told him, “Ok, I’ll let you in but we need to make a pact between us that no one else is to know about it”. Back then, I thought why would I want to create competition? Imagine that Ted, here I am trying to build a business and I did not want tell anyone else about it. In fact, I wanted to keep it as my secret.

Well, obviously you figured it out. What happened?

What happened is very simple. I went to an event in Fargo ND. The speaker was Mike Nelson. I made it a point to meet him and told him that I would be knocking on doors in Fargo selling filters right after the seminar. He was incredulous. “I earned over $200,000 last year and I never knocked on a door” he said. 

Mike explained the process of recruiting; of selling a dream and not just a filter. I had a total paradigm shift. Suddenly, I understood the concept and the power of leverage. My life has never been the same since that day.

Originally, I thought that if I could earn $3,000 a month and be in my own business I would not know what to do with all that money. Within about 6 months I left my job and went full time in network marketing. I became one of the youngest ever National Marketing Directors with NSA. Over the next four years I earned $400,000 and learned the basics of what works and what doesn’t work in network marketing.

It sounds as if you were earning really good money and loving what you were doing. Why did you leave?

One of the top leaders left and I looked around and realized that there were no recent success stories. The problem was timing and the lack of consumable products. I knew that I loved network marketing and I knew I had to move on.

What company did you select? 

After studying the industry, I moved to Rexall Showcase International. Back then, Rexall was doing around $2,000,000 a month with health care products. I spent 12 years with RSI and earned $4 million. I was one of their top 15 earners and I was on their Distributor Board of Directors.  Unfortunately, the company was sold, then merged, then re-sold, then constant changes were made to the product line and compensation plan.

Those must have been frustrating days.

They were. I was frustrated. I felt as if I was trying to sell the dream and living a nightmare. Then I got a call from the former President of RSI who had resigned when the company was sold. He was starting a company, Waiora, with similar health care products to RSI. 

I took a huge leap of faith. I resigned and walked away from a substantial residual income. I just wanted to be excited; to believe in something again.

Waiora has been an incredible ride. It just passed its 10 year anniversary and has a base of dedicated distributors. I earned $9 million with Waiora and I still enjoy a good passive income even though I am not as involved as I once was.

Although the Waiora products are life changing, the market segment they address is small and limited to North America. Stan wanted a global company that widened the funnel to include everyone. He selected coffee initially and then weight loss coffee and now weight loss tea.  

Javita has seen 22 consecutive months of month over month growth. Just one year ago in May it passed $1 million a month, then $2 million in November 2013 and now we are approaching $3 million a month. 

With so much competition why do you believe that Javita has been so successful?

After 25 years in this business and earnings of over $14 million, I believe that a company must have 5 elements locked in place to be successful. These 5 critical elements magnify and multiply our results. ‘No matter how good you are or how hard you work if all 5 critical elements are not in place you will not see the results you want’. 

That makes a lot of sense, John. With 25 years in our business and the success you’ve enjoyed what keeps you going?  What excites you every day?

I am excited about Javita. I know that it will be one of the most lucrative things I’ve ever done, but the thing that excites most me every day is taking one of those people who are struggling and coaching them to the success they dreamt about.

I often think about so many who struggle in network marketing. They come into network marketing with high hopes to change their life. They are working hard and not seeing the success they expected. Like most of us they were introduced to the industry by a friend, a family member or a product.  They have no idea what the elements for success are. 

I’m not sure if it was luck, wisdom or just good fortune but I have always been successful even with start-up companies. As I look back, I believe that my understanding of those 5 critical elements played a huge role in my career.

We can’t go into the 5 critical elements in this announcement but I have learned so much in my career in network marketing and I share these ideas and more of my story at www.johnharemza.com.  I believe anyone with any company will benefit from these generic lessons and training videos. You asked what motivated me.  Being a mentor and sharing the fundamentals is a huge motivation.

Ted:  Thanks very much John. I’ve been to your site and I agree that those short training videos are invaluable to anyone who wants to be successful in network marketing 

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