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Archive for July, 2011

Alex Von Furstenberg – A Popular Choice as Board Director

July 25th, 2011

Proof of a person’s financial acumen can safely be based on the number of companies in which he is one of the board members or directors. A seat in the board is a position of both trust and authority. It requires peers or colleagues and even superiors to vote for the person who would occupy the seat. Alex Von Furstenberg is that kind of man Not counting the fact that he’s a Board Director in all the companies he or his family owns, Alex has also been invited by other companies to become a part of their respective boards. These invitations are not based in any kind of nepotism or anything else except for the fact that these companies are managed by Board members who clearly believe in Alex’s ability to contribute to their business.

Board directorship definitely means increased compensation although not in the league that most people imagine it to be. In 2009, for instance, Alex Von Furstenberg only earned a little less than $250K from his director compensation in InterActiveCorp and no other type of compensation. This figure is paltry compared to the millions of dollars of profit that he has helped his mother’s fashion company, DVF, earn in just a single year. This only proves that Alex’s accepting the offer to join a board not because of the money but other and far more compelling reasons.

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XOWii The Review – Is XOWii Just A Buzz?

July 24th, 2011

While reading this XOWii review, you will likely be wondering the number of network marketing companies there are worldwide selling energy drinks. I don’t possess the exact answer, but I let you know there are hundreds of them. XOWii is one and perhaps even one of those companies who are able to market many with tremendous success. Let’s take a closer look at some of the reasons why.

XOWii, located in Costa Mesa, California, was co-founded on October 4, 2009 by Richard Kelly and James Christiansen who’re both experienced businessmen. Now XOWii is marketing three products:

* XOWii Energy with a wholesale cost of $67 for 1 case of 24 cans
* XOWii Thin having a wholesale price of $37 for 14 packets (flavor: chocolate or vanilla)
* XOWii Ultimate Liquid Multivitamin having a wholesale cost of 67 for any 2-pack (1 adult 1 month supply

XOWii’s flagship method is the Energy drink which is an all-natural product made of the KonaRed Coffee Cherry. The antioxidant drink includes a�ai berry, aronia berry, elderberry and concord grape. The XOWii Thin is really a weight reduction product and also the Ultimate Liquid Multivitamin is, such as the name makes us suspect, a vitamin rich juice. Joining XOWii as a distributor costs you $39. Should you sign up, you’ll get a distributor’s kit and much more details about the different products. But before joining, you need to be aware of comp plan which your commission payout will be based. Let’s explore the various money income streams provided by XOWii.

XOWii’s compensation plan is really a binary plan based on 10 different money income streams with a 50% payout on commissionable volume. The next income streams can make you money: wholesale/retail difference, Fast Start Bonus, Business Builder Bonus, Binary Team Commission, Advancement Bonuses, Retail Sales Pool, Executive Check Match, Car Bonus, Leader Pool and Diamond Run Pool. Because this comp plan doesn’t differ so much from many other multilevel marketing companies who make use of a binary plan, I will not go into further detail.

There’s just one thing about the XOWii business that I still wish to explain. All binary plans possess some similar advantages and disadvantages. The biggest advantage is that you only have to build 2 teams (legs) to earn money. You are able to become successful by simply recruiting two new distributors and when they start doing the same, your organization will grow. The two biggest disadvantages are that you will be paid out in line with the volume of the lesser leg, the leg that doesn’t do as well as the other leg, and that some people can get lazy and often they even start to believe that they are able to profit from other people’s efforts.