The Zen of MLM: Legacy, Leadership and the Network Marketing Experience
Posted on 03-20-2008 by jdmann

In troubling economic times, what are the best stocks to pick? That is, which are the companies you can most count on? According to “Mad Money” host and bestselling financial advisor Jim Cramer, direct selling companies are hands down the way to go.

So says a piece Cramer aired last Friday, March 14. Here is a summary, titled “Recession-Proof Stocks” and posted by CNBC’s Tom Brennan on the CNBC site:

“Not every company struggles during a recession. In fact, direct sellers like Avon tend to do quite well. As cost cutting forces employees out of traditional jobs, the company’s door-to-door sales force swells in number. 


“Not to mention, direct sellers enjoy high gross margins, low capital intensity and lots of free cash flow. And there’s plenty of room for growth here, as Avon and peers like Herbalife and Tupperware expand overseas. The weak dollar benefits all three companies, Cramer said, in markets with no real competitors.

“So who’s the best in the group? Cramer said he leans toward Tupperware. The stock’s up 6% since Jan. 30 despite this difficult market, which might be no surprise considering 85% of TUP’s business is international. Even still, Tupperware’s pulled back 10%, leaving investors a great opportunity to buy in.”

Thanks, Cramer.

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Posted on 03-01-2008 by jdmann

The new issue of Networking Times, on “Financial Literacy,” has just hit the stands (and web site). This issue I interviewed Chicago Sun Times financial columnist Terry Savage, author of the national bestsellers The Savage Number and The Savage Truth about Money.

My editorial, “Putting Money Together,” traces a connection from Bucky Fuller to syntropy (the opposite of entropy) to the etymology of “consider” to what holds networks together (and tears them apart) to . . . financial literacy. See the logic of that thread?

P.S. Sorry I’ve been such a bad blogger lately! I’ve been way busy blogging over at my other blog and with the launch of The Go-Giver!

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