WorldVentures was granted a Temporary Restraining Order (TRO) against its former president Eddie Head on Feb. 26. WorldVentures maintains that Head, who left the company in late 2020, violated a non-compete by joining Seacret Direct LLC. to build its travel program. Head is not prohibited from working for Seacret. However, the TRO prohibits Head from participating in multi-level-marketing-based travel businesses. In a March 9 statement, Seacret Direct countered, “We are stunned over WorldVentures’ continuing and blatant mischaracterization of the relationship between our two companies, and we will forcefully and definitively defend ourselves and our integrity, largely through timely and appropriate disclosure to the court of documents and communications made and signed by WorldVentures and its management.”
SSN eager to support growth and transformation of the channel through informed analysis of important issues
A year ago this week, our country and our business channel were coming to grips with the reality of a nationwide shutdown and the gradual realization of the immense challenges that lay ahead—challenges confronting every level of our existence, from very personal distress to the greater societal difficulties materializing around us.
On a larger scale, the problems faced by individual companies coalesced into industry-wide disruptions for virtually every type of business across the world.
Direct sellers met this chaos head-on and persevered, arguably, better than most. Now, as the country gradually opens up again, the businesses of this sector return their full attention to the host of other challenges that lie ahead.
If this issue of SSN has a common theme, it is these unrelenting challenges that face our channel and the ingenuity and flexibility born from them, as you will read about in our second feature, as well as in Quick Takes.
In our cover story, we chronicle the journey of startup energy direct seller Griddy and the turmoil that can result when mother nature and wholesale pricing collide.
In our first feature, we detail the successes reported by several publicly-held direct sellers in their recent earnings calls.
I also encourage you to check out Risk Roundup, where the DSA’s Brian Bennett explains the PRO Act, and the threats this legislation poses to the channel.
Finally, I invite you to read our Special Report for a deep dive into one of the greatest challenges currently facing direct sellers: the self-described “anti-MLM” movement.
The past several months have seen a spike in media attention on this disparate but single-minded group, and we were eager to investigate further their habits on social media platforms, their success at engaging followers, and their weapons of choice for attacking network marketing.
American inventor, engineer and businessman Charles Kettering once said, “A problem well stated is a problem half solved.”
By confronting this year’s diverse set of challenges directly and with clarity, I know that direct sellers will continue to strengthen their business models and discover new paths to success, and I hope that SSN can be a resource toward that end.
I thank you for your support of the paper and our mission to inform and educate.
PEOPLE ON THE MOVE – April
Joe Miranda, Herbalife
Joe Miranda has joined Herbalife Nutrition in the newly created role of chief digital officer. Miranda has more than 20 years of experience as a global technology executive in the media, financial, and data analytics industries, developing and executing enterprise digital strategy. He previously served as chief digital officer at Thomson Reuters.