Tim Sharif Moving From Xango To Visalus
Seems Visalus (USA and Canada) sign up an other Top Earner again. After Rick Gutman, and Monavie Top Earners Brian and Jill Cattano Xango Icon Tim Sharif is moving to Visalus.
Tim Sharif: I left my network marketing company 2 years ago. I've watched my friends and fellow networkers struggle. Nothing has been working. Until now
In 2008 Visalus (founded in 2005) was a rather unknown MLM company struggling selling nutritional products, in a very competitive market. Blyth, a public company, made its initial investment in ViSalus in August 2008 and now owns 57.5% of the company. Almost overnight the company got into massive momentum.
Sales at ViSalus increased $20 million or 157% from $13 million in fiscal 2010 to $33 million in fiscal 2011. This growth was a result of a 330% increase in distributors on a year-over-year basis. (Source Blyth Annual report). ViSalus received the Turn Around award at the DSN Global 100 in Dallas, Texas.
In May 2011 Visalus reported 40,000 new distributors in that month. 67,000 sign up's and $25 million revenue In August 2011. Estimated revenue for 2011 $160+ Million.
Get more information, facts and figures about ViSalus, click here for the ViSalus overview.