troy dooly on wakeupnow’s financial statements
DESCRIPTION
In light of WakeUpNow’s financial statements that were released, several owners of other companies have released official and unofficial statements criticizing the company’s health. Troy Dooly is one of the company’s advisors and sets the record straight in this video:TRANSCRIPT
Sunday 25 May 2014
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Network Marketing Troy Dooly On WakeUpNowrsquos Financial Statements
Troy Dooly OnWakeUpNowrsquos FinancialStatements
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In light of WakeUpNowrsquos financial statements that were released several ownersof other companies have released official and unofficial statements criticizing thecompanyrsquos health Troy Dooly is one of the companyrsquos advisors and sets the
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companyrsquos health is one of the companyrsquos advisors and sets therecord straight in this video
Troy Dooly Video TranscriptWake Up Nowrsquos Financial Numbers Show They Are Going Broke
Hey guys Troy Dooley the beachside CEO out here just chillinrsquo As a matter of factwe were catching frogs earlier I had the dog or Jeddy out here We were havingsome fun and I guess I ought to give a disclosure Number one I am amdashone of thecompanies that I own Deep South Strategic Solutions has a consulting agreementwith Wake Up Now We do compliance work with them I have gone in and spentliterally hours with some of their young people the Millennials over there that are
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part of the One Life I guess they call it phenomenal kids and spent literally six orseven hours just mentoring and asking questions Thatrsquos part of what we do Welook at the compliance side of things Wersquore in the middle of getting ready to putsome videos together for their new compliance course Itrsquos going to bephenomenal I should also disclose I do not own any stock at this timemdashwasplanning on buying several thousand shares of stock when it was $005 At $650therersquos no logical reason that it should be that high So we wonrsquot be buying anystock right now Wersquoll wait until it comes down once we figure out was this justsome uneducated investors that got excited and started buying stock or was itsome type of a manipulation Hopefully the internal investigation will show whatexactly has happened based on whorsquos buying those shares what entities or whatindividuals you know Because what you got to look at is this is a publicly tradedcompany
Of all the critics that are out there that might be looking at direct selling or evenlooking at Wake Up Now I believe I am the only one that has sat before the SEC inthe last 18 months and has had a feel and have been able to ask them questionsmdashwhat is it that yoursquore looking for And I guarantee when they find peoplemanipulating a publicly traded company or selling unregistered securities orsomething like that by golly they are going to be in on it So I hope if there is anystock manipulation that they are able to see it Wake Up Now is able to show themwhatrsquos going on because thatrsquos just not right Some of this stuff thatrsquos beenhappening over the last few days right before Motherrsquos Day I started getting textcalls emailsmdashTroy is it true that Wake Up Now is going out of business Itrsquos likeno not at all As a matter of fact I know the numbers from just last monthrsquos saleswhich would blow you away and I said so no not at all I said ldquoWhyrdquo And he saidldquoWell they put up their annual reportrdquo Well I went over and I looked at the SECand itrsquos like they have not made any filings and I was pretty sure I would knowabout the fillings and then I saw one of the critics had written an article
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Sign Up For WakeUpNow
So I went and looked at his stuff and said ldquoHey wherersquod you get those figuresrdquoAnd then I found out they were at the OTC markets that what had happened iswhen Wake Up Now saw that their stock had hit $650 they realized thatsomebody is really uneducated about investing or somebody is playing with ourstock and no matter what wersquore going to abide by the rules and wersquoll just put up aquick unaudited financial statement put it up here and let people know look youneed to understand wersquore still in the foundation stages and thatrsquos exactly whatthey did Now they have been at thismdashthe current managementmdashhas been at itfor a few years now a couple of years I think But for you that donrsquot know WakeUp Now was part of a reverse merger came together If yoursquove taken the time toinvestigate this company then you know 2010 and 2009 werenrsquot good yearseither but the current management teammdashKirby Cochran Phil Jason and theseguys they had put the seed money in to make this company work And when theformer management that was there blew through the money Have you ever seenthe movie Other Peoplersquos Money Well thatrsquos exactly what these guys didmdashblewthrew it Kirby and Jason and Phil who have been together for years said ldquoLookwe donrsquot want our money to go down the drain letrsquos go in there and take over thiscompany and see if we can make it work Now Kirby has written a phenomenalbook and literally they are running the business based off that book I donrsquot knowif you guys know it I have done a great interview with both Jason and Kirby Wersquoll
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put them up here for you guys to watch over on the post But he literally teachesat the University of Utah This is not somebody that just decided to launch anetwork marketing company So when I started looking at the financials I thoughtokay this all lines up with what Kirby has shown me on the whiteboard It lines upwith what their plans are and I thought I donrsquot see a big issue and I would letpeople know no this is not a big issue This is part of a startup This is part of thebusiness
Now when I went and looked at some of the critics blogs it was interesting to mebecause critics do what critics are good at and they look at things through theirworldview and a couple of these critics are hell on wheels when it comes to Ponzischemes and pyramid schemes and they have got their act together But some ofthem just donrsquot like network companies for whatever reason Therersquos one criticout there as a matter of fact Oz over at Behind MLM I swear if him and LynnClements could get together that the two of them are such analytical They onlysee it one way that the two of them could create the perfect network marketingcompany because they are both two peas in a pod I tell ya And Lynn is an insidecritic and Oz is an outside critic but the two of them I swear they could create acompany but I digress down a rabbit trail but one of the things that I want to talkabout is themdashwhat is it that the financials show Now understand I donrsquot know thehistory of all the critics out there but Irsquove got almost 20 years as a series 6 63 and26 broker and ran and had over I think it was around $50 million undermanagement We have looked at financial sheets We have looked at asset sheetsWe have looked at mutual fund prospectuses We have looked at companyprospectuses I was part of a mergers and acquisition firm So we understand alittle bit about numbers and when you look at everything in this financialstatement
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First letrsquos look at the disclosure They made it very clear Look if we keep goingdown this same path we may not be able to be in operation Well yeah you gothrough $8 million putting it into the infrastructure of the company putting it intoresearch and development If that doesnrsquot pay off eventually then guess whatInvestors arenrsquot going to give you any more money Yoursquore going to have to shutyour door Do I think Wake Up Now is even close to that Absolutely not Like Isaid I know what last monthrsquos numbers were I knew what the months before As amatter of fact from October to now I know where they have been so I know thegrowth curve As a matter of fact and I forget whichmdashI downloaded it I forgetwhich page it came off I will have to look but I have got a graph of the Alexa chartthat one of the critics put up Now Alexa is not the best metrics to look at but itrsquosthe free metric so thatrsquos what people look at If you go and you get compete oryou get some of the others you get a better feel but in this one that he did heactually showed something I thought was good He showed the loss factor andthen he showed that their geometric progression as they started decline and hesaid well wait a minute they are still showing a loss here thatrsquos true but theclimb hasnrsquot stopped They have just hit that pinnacle where now theyrsquove gone likethis This is where you start to see the infrastructure the cost the monies therestart to catch up with what the sales are and I think thatrsquos a good deal
Now do we know for sure that they are going to make a profit in 2014 NoAbsolutely not I donrsquot know that and if I did I couldnrsquot share it with you because
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again they are a publicly traded company and their financials arenrsquot out So wedonrsquot know that but from what I have seen frommdashletrsquos take it back to October of2013 BK Brako had called and said ldquoHey what do you know about this littlecompany because they are just a pain in my buttrdquo And I said ldquoWell whatrsquos thedealrdquo He said ldquoWake Up Nowrdquo I said ldquoDude they are a nice company Theysometimes shoot themselves in the foot you know but they are good guys Theyare not a scam or anything like that They are moving forward Well I donrsquot knowOkay but I knew because one of their products which is the Cyberhood WatchProgram Itrsquos part of the One Security Suite I actually sat on the team that createdthat product Leslie Harrison who is the wife wonderful gal of James Harrisonwho owns Invisys That was her baby That was her mastermind and I wasprivileged enough to sit on that because that was my last network marketingcompany that I built I got out of that in 2009 when the industry shifted and hebecame really a consultant and a vendor to other companies so I am saying ldquonordquothis is good stuff They have got TaxBot in there They have got a languageprogram thatrsquos now owned by Rosetta Stone I mean these are quality productsThey own the code the software code to their daily deal They own all of theirbackend software I said ldquoBK this is a great company you knowrdquo Itrsquos a smallcompany and they need to turn the corner but itrsquos a good company
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As a matter of fact most of my team from Invisys had gone over there so I knew aDo you need professional PDFs Try PDFmyURL
little bit about the company They werenrsquot a scam but what I saw was BKs hecalls them his YPR I laugh every time I hear that not at BK but that any adult anygeneration X or baby boomer would think that the Millenials are theirs I amraising Millenials right now and they are the most independent kids yoursquove got Sowhen kids are in your company yoursquove got to mentor them Yoursquove got to growthem but they are not yours They could move somewhere at the drop of a hatSo I always laugh when BK says that but all of the young kids the Millenials I sawthem over at World Ventures I saw them at Vitelle before that got soldmdashMotorClub of AmericamdashI see them at Lemu Gary Rasherrsquos got a heck of a team of theseyoung kids over there and the fun thing about Garyrsquos team Itrsquos the same thing Isee at Wake Up Now is he mentors He teaches these kids stay in school pay foryour school get your education you know donrsquot blow through the money thatyoursquore making Itrsquos a good deal hersquos got But you see them all over the place Butthey are very aggressive marketers and thatrsquos what had gotten me into workingwith Wake Up Now is to mentor these kids to sit down and help the companyguide them through becoming entrepreneurs being able to build theirbusinesses teaching them not to go out there and show the bling not to go outthere and flash the cash Donrsquot show the Maseratis and all that because the FTCFederal Trade Commission sees that as enticements and I said look you knowtherersquos no way to disclose that type of stuff in an IDS an income disclosurestatement So you know but theyrsquoll see it that way
So unless yoursquore going to put on those videos and yoursquore going to control all thevideos hey this is not the common amount This is not what people see Hey golook at our IDS I said ldquoYou can get your butt in troublerdquo and I know therersquos a lot ofbig companies on the top 100 list thatrsquos put out by the Direct Selling News thatyou see it you see the checks across stage and you see all that Look people canrun their business however they want to I am just telling you as a consultant thatworks in the compliance works in crisis management works at helping
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companies start up We teach to be conservative You want your capitalistbusiness You want your entrepreneurialism to grow You donrsquot want to be shutdown by regulators So thatrsquos the kind of work that we do and we looked at thatSo all weekend long is all this stuff started hitting I said you know why is all thishappening Now I just learned a couple of days earlier that a rumor had beenpassed that there could be at least one direct selling CEO that was trying to paycritics to write reports to put up information about Wake Up Now because hewas frustrated that some of his team had left and went to Wake Up Now Youknow rumors are rumors but one thing that I can tell you the reason organizedcrime has nothing to do with direct selling is there is no secret so eventually wersquollget to the bottom of that one too But I realized okay part of this annual reportsince it wasnrsquot a positive set of numbers it could be the critics just grabbed a holdof it through the Google alerts Thatrsquos what we use or it could be that it waspassed off to them and then we started seeing stuff on Facebook We startedseeing emails coming in and text
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So I knew that it was being passed around and Wake Up Now has been such anunder-the-radar small company it wasnrsquot like people were looking at So you startto realize that therersquos stuff going on Now does it mean that Wake Up Nowshouldnrsquot be you know researched that it shouldnrsquot be looked at No absolutelynot As a matter of fact Tom Schult and I have talked about this I like the fact that
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Wake Up Now put out their number the same reason he likes the fact thatYoungevity puts out theirs See when you are working with a publicly-traded directselling company Basically you are working with somebody that you can alwayslook at them in their birthday suit Drop their pants they are down around theirknees they are down around their ankles this is what you see take it or leave itbecause all the numbers are there You know so itrsquos easy to see what yoursquove gotYou take a privately-held direct selling company and they can keep their pants upThey can stick big socks in them They can say look how we grow Donrsquot we look sobig and really itrsquos all fake Itrsquos all hype and thatrsquos what the critics actually look at inmost cases so I was a little bit shocked when I saw that some of the critics werereally pounding heavy on Wake Up Now after they had literally put out theirnumbers and they donrsquot hit other companies That was what got me You knowone of the companies thatrsquos really coming on strong right now is FG Express whichis owned by Forever Green and until 2013 Forever Green had not earned a profitat all As a matter of fact their financial statement looked almost exactly like WakeUp Nows and yet none of the critics pounced on that So I could tell therersquosprobably a little bit of something that was there that had caught somebodyrsquos eyebut at the end of the day one of the big things that the critics brought up and Iwant to address that as we shut down on this video Now wersquore going to coverseveral issues that the critics have brought up from income disclosurestatements to Millenials and all that but something I want to hit right now beforewe shut this one down is retail sales I donrsquot know why critics get hit on retail salesbecause none of the regulators do The regulators get focused on sales aboveand beyond the compensation plan Burn Lounge prime example The judge inthat said look therersquos only 1 of sales that were above and beyond or outside thecompensation plan Thatrsquos not enough to be called a direct selling companyFortune High Tech which is I mean the regulators kind of pushed on that oneand then Paul Orbison passed away but they were saying look therersquos notenough sales above and beyond what it takes to qualify in the compensation plan
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mdashnothing about retail sales
As a matter of fact therersquos very few companies that even allow what we would callretail sales Thatrsquos where the distributor can take and retail the product in theirown shop that they own They can buy extra product and put it in flea marketsand stuff like that Not every company does that Going back to Youngevity for aminute Youngevity is a companymdashyou can take their products You can put themin stores You can actually sell if you can get the products and you can get themat a bulk rate you can sell them and put them into retail establishments Wake UpNow is that way Wake Up Now has a bulk sale deal As a matter of fact I know acountry club in Park City that actually markets their products over there Itrsquos notlike over at VIMA where they have the VIMA Lounge and stuff like this This is anindependent company They tasted the Thunder Energy Drink and now they areselling the Thunder Energy Drink in a country club That happens Now yoursquovealso got companies like Tupperware Watkins and Avon who really are more ofthe party plan side of things but Watkins sells their products in Wal-Mart and inTarget Tupperware tried Targetmdashit didnrsquot work very well for them and Avon hastheir own stores now in malls So thatrsquos retail sales Now a lot of times critics willlook at it and say ldquoWell itrsquos the 70 rulerdquo There is no 70 rule that is built insideof the federal or state codes That goes back to a 1979 hearing where the judgesaid the reason Amway is not a pyramid is because they have a 70 rule At thattime it wasmdashthey used directs They didnrsquot have auto-ships They werenrsquot selling topreferred customers Literally therersquos a guy that went direct He had all theproduct and he was the rep that bought the product from him and what theyhad is that you had to either use up yourself or sell 70 of your product Laterone of the attorneys at the FTC wrote about that For some reason critics talkabout retail sales Thatrsquos not what this is
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Here is what I can tell you about Wake Up Now In October when I went to thatcompany they had around 30 employees They had just moved to their brand-newndashI think itrsquos 20000 square foot office In that office now they have a completecustomer service area both national and international They have another set ofteamndashanother team that covers only the distributors They have another teamthat covers only compliance They have gone from 30 to over 200 employeesThatrsquos part of that $8 million is paying for those employees They use metrics ineverything The customer service get paid based onmdashrather they take care of thecustomers The same thing with the IBO team They take care of those Their techteam went from 2-20 because they are building out this brand-new proprietaryback end thatrsquos beautiful and again that team looks at the metrics 24-7 it seemslike Now I donrsquot know if they are there that whole time but I talked to all of theirteam that day and they said in this room theyrsquove got like itrsquos a 120-inch TV wherethey are watching and if the website starts to slowdown they start looking at theweb servers to see if something hung up The only other company I have seentake this much time as a company I ran called Pro Step here in Florida and it wasamazing because our team Curt Hanes his whole crew thatrsquos all they did wasfocus on what it took to make that company run so that the customers and thereps were happy and I see that at Wake Up Now Itrsquos amazing to see what theyrsquovedone But if you guys would go out before you just listen to my stuff before youlisten to a critic go pick up Kirbyrsquos book or better yet go watch the interview that Idid with Kirby where he talks about the pillars of inflection and you start to learn
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what this company is built on You know I have got to say this and I gomdasha lot ofmy videos I go this way
I talk about what my friend and my mentor Richard Brook said And he saidldquoUnited we stand Divided we fallrdquo Now I donrsquot expect the critics out theremdashI donrsquotcare if itrsquos scamcom realscamcom Behind MLM or any of the other that are outthere I mean therersquos hundreds thousands maybe of people that donrsquot likenetwork marketing donrsquot understand it you know and everything else And thentherersquos the inside critics I donrsquot care aboutmdashherersquos what I care about If we willcome together as a community and work together to make ourselves better tomake it as good as what we see franchising is today then you know what Thecritics wonrsquot have anything to really talk about period Thatrsquos the thing and I amnot seeing that right now As a matter of fact I know that in the case of Wake UpNow at least one CEO I have tried over and over and over to get to sit down withJason and just talk to him about hey yoursquove got conflicts between your youngteams Letrsquos work them out and he hasnrsquot done it Closing this out guys Yoursquovegot to focus on building your business Absolutely if you just look at the numbersat Wake Up Now and you donrsquot at where the company is going and you just wantto write negative blog posts or critical blog posts You know then there is going tobe issues but if you really focus on are they building a platform have they built aplatform that people are using When you look at the fact that the numbers aregoing up you start to see that this is a company thatrsquos starting to turn a cornersimilar to when Amazon turned their corner and you know theyrsquove built into theirbusiness planmdashit would be five years maybe before we show a profit It actuallywas almost six before they built a profit Therersquos many companies that way Ittakes time to build a business
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Many companies if you went and looked yoursquod find in those early years whenrsquos itrsquosin the research and development stages of a company that it takes time It takesenergy to make that work and thatrsquos kind of what yoursquove got here at Wake UpNow Wersquore going to continue to watch it I am going to continue to work withthem I have been amazed at seeing how they fixed their mistakes how theyrsquovestayed true to their word and whatrsquos even more amazing is the culture that theyhave created Those kids that are not as predictable maybe as the pastgenerations Theyrsquove been willing to forgive the mistakes because theyrsquove seen theauthenticity of that team at that corporate office and that team has stayed trueto their word all along the way Wersquore still going to stay on those kids to make surethat they are doing business rightmdashthat they are marketing right and wersquore alsogoing to start looking at some of the other companies and some of the CEOs thatare out there egging on their young team talking about how they are going tobring down certain companies You canrsquot do that and once it goes out there onthe Internet itrsquos public record so wersquore able to show hey this is where theinstigation is coming on and the last thing that I want to see is any more lawsuitsI have started to see companies terminating reps for stupid reasons and suingthem Wersquove started seeing companies suing each other and wersquore seeing aboatload of whatrsquos been called corporate espionage and tortuous interferenceand if wersquore going to build a community that the critics canrsquot say is a bunch of WildWest gunslingers on the verge of just barely having it rightmdashwhat KevinThompson calls the grey
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If wersquore going to build a community if wersquore going to build an industry that can beproud we can be proud of then wersquove got to do it right Wersquove got to do it in theblack and that means we work together to do things by best practices even whencompanies may have dropped their drawers because of compliance and shownthe truth I would rather have a company like Wake Up Now or YoungevityHerbaLife or Nu Skinmdashthese publicly traded MLMs right nowmdashthan these guysthat are overhyping everything talking about some list that they are on when I amlooking at other companies that I know have hundreds of millions of dollars andarenrsquot on those lists because they didnrsquot turn their numbers in because they saidthatrsquos not what this is about This is about building something that people can beproud of And if yrsquoall get down to it if you stayed this long to watch this video thenwhether you are a company owner whether you are a vendor whether you arean attorney whether you are a consultant whether you are a distributormdashwe areall on the path headed the same direction We all want financial freedom We allwant to live within this community and have fun together So why donrsquot we go outthere and do that and work to build it up instead of worrying about this fear ofloss and tearing it down Live life like itrsquos an epic adventure Stay dangerous Staystrong and if yoursquore in a network marketing company start acting like it
Sign Up For WakeUpNow
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TAGS BEACHSIDE CEO TROY DOOLY WAKE UP NOW FINANCIAL STATEMENT WAKEUPNOWWAKEUPNOW FINANCIAL STATEMENT
David Liciaga is a WakeUpNow independent business owner (IBO) who consistentlyranks amongst the top 10 recruiters To date he has brought on more than 1154 peopleto his team single-handedly and provides the tools and training for his teammates toduplicate his success
Author David Liciaga
ABOUT THE DAVID LICIAGA
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companyrsquos health is one of the companyrsquos advisors and sets therecord straight in this video
Troy Dooly Video TranscriptWake Up Nowrsquos Financial Numbers Show They Are Going Broke
Hey guys Troy Dooley the beachside CEO out here just chillinrsquo As a matter of factwe were catching frogs earlier I had the dog or Jeddy out here We were havingsome fun and I guess I ought to give a disclosure Number one I am amdashone of thecompanies that I own Deep South Strategic Solutions has a consulting agreementwith Wake Up Now We do compliance work with them I have gone in and spentliterally hours with some of their young people the Millennials over there that are
Do you need professional PDFs Try PDFmyURL
part of the One Life I guess they call it phenomenal kids and spent literally six orseven hours just mentoring and asking questions Thatrsquos part of what we do Welook at the compliance side of things Wersquore in the middle of getting ready to putsome videos together for their new compliance course Itrsquos going to bephenomenal I should also disclose I do not own any stock at this timemdashwasplanning on buying several thousand shares of stock when it was $005 At $650therersquos no logical reason that it should be that high So we wonrsquot be buying anystock right now Wersquoll wait until it comes down once we figure out was this justsome uneducated investors that got excited and started buying stock or was itsome type of a manipulation Hopefully the internal investigation will show whatexactly has happened based on whorsquos buying those shares what entities or whatindividuals you know Because what you got to look at is this is a publicly tradedcompany
Of all the critics that are out there that might be looking at direct selling or evenlooking at Wake Up Now I believe I am the only one that has sat before the SEC inthe last 18 months and has had a feel and have been able to ask them questionsmdashwhat is it that yoursquore looking for And I guarantee when they find peoplemanipulating a publicly traded company or selling unregistered securities orsomething like that by golly they are going to be in on it So I hope if there is anystock manipulation that they are able to see it Wake Up Now is able to show themwhatrsquos going on because thatrsquos just not right Some of this stuff thatrsquos beenhappening over the last few days right before Motherrsquos Day I started getting textcalls emailsmdashTroy is it true that Wake Up Now is going out of business Itrsquos likeno not at all As a matter of fact I know the numbers from just last monthrsquos saleswhich would blow you away and I said so no not at all I said ldquoWhyrdquo And he saidldquoWell they put up their annual reportrdquo Well I went over and I looked at the SECand itrsquos like they have not made any filings and I was pretty sure I would knowabout the fillings and then I saw one of the critics had written an article
Do you need professional PDFs Try PDFmyURL
Sign Up For WakeUpNow
So I went and looked at his stuff and said ldquoHey wherersquod you get those figuresrdquoAnd then I found out they were at the OTC markets that what had happened iswhen Wake Up Now saw that their stock had hit $650 they realized thatsomebody is really uneducated about investing or somebody is playing with ourstock and no matter what wersquore going to abide by the rules and wersquoll just put up aquick unaudited financial statement put it up here and let people know look youneed to understand wersquore still in the foundation stages and thatrsquos exactly whatthey did Now they have been at thismdashthe current managementmdashhas been at itfor a few years now a couple of years I think But for you that donrsquot know WakeUp Now was part of a reverse merger came together If yoursquove taken the time toinvestigate this company then you know 2010 and 2009 werenrsquot good yearseither but the current management teammdashKirby Cochran Phil Jason and theseguys they had put the seed money in to make this company work And when theformer management that was there blew through the money Have you ever seenthe movie Other Peoplersquos Money Well thatrsquos exactly what these guys didmdashblewthrew it Kirby and Jason and Phil who have been together for years said ldquoLookwe donrsquot want our money to go down the drain letrsquos go in there and take over thiscompany and see if we can make it work Now Kirby has written a phenomenalbook and literally they are running the business based off that book I donrsquot knowif you guys know it I have done a great interview with both Jason and Kirby Wersquoll
Do you need professional PDFs Try PDFmyURL
put them up here for you guys to watch over on the post But he literally teachesat the University of Utah This is not somebody that just decided to launch anetwork marketing company So when I started looking at the financials I thoughtokay this all lines up with what Kirby has shown me on the whiteboard It lines upwith what their plans are and I thought I donrsquot see a big issue and I would letpeople know no this is not a big issue This is part of a startup This is part of thebusiness
Now when I went and looked at some of the critics blogs it was interesting to mebecause critics do what critics are good at and they look at things through theirworldview and a couple of these critics are hell on wheels when it comes to Ponzischemes and pyramid schemes and they have got their act together But some ofthem just donrsquot like network companies for whatever reason Therersquos one criticout there as a matter of fact Oz over at Behind MLM I swear if him and LynnClements could get together that the two of them are such analytical They onlysee it one way that the two of them could create the perfect network marketingcompany because they are both two peas in a pod I tell ya And Lynn is an insidecritic and Oz is an outside critic but the two of them I swear they could create acompany but I digress down a rabbit trail but one of the things that I want to talkabout is themdashwhat is it that the financials show Now understand I donrsquot know thehistory of all the critics out there but Irsquove got almost 20 years as a series 6 63 and26 broker and ran and had over I think it was around $50 million undermanagement We have looked at financial sheets We have looked at asset sheetsWe have looked at mutual fund prospectuses We have looked at companyprospectuses I was part of a mergers and acquisition firm So we understand alittle bit about numbers and when you look at everything in this financialstatement
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First letrsquos look at the disclosure They made it very clear Look if we keep goingdown this same path we may not be able to be in operation Well yeah you gothrough $8 million putting it into the infrastructure of the company putting it intoresearch and development If that doesnrsquot pay off eventually then guess whatInvestors arenrsquot going to give you any more money Yoursquore going to have to shutyour door Do I think Wake Up Now is even close to that Absolutely not Like Isaid I know what last monthrsquos numbers were I knew what the months before As amatter of fact from October to now I know where they have been so I know thegrowth curve As a matter of fact and I forget whichmdashI downloaded it I forgetwhich page it came off I will have to look but I have got a graph of the Alexa chartthat one of the critics put up Now Alexa is not the best metrics to look at but itrsquosthe free metric so thatrsquos what people look at If you go and you get compete oryou get some of the others you get a better feel but in this one that he did heactually showed something I thought was good He showed the loss factor andthen he showed that their geometric progression as they started decline and hesaid well wait a minute they are still showing a loss here thatrsquos true but theclimb hasnrsquot stopped They have just hit that pinnacle where now theyrsquove gone likethis This is where you start to see the infrastructure the cost the monies therestart to catch up with what the sales are and I think thatrsquos a good deal
Now do we know for sure that they are going to make a profit in 2014 NoAbsolutely not I donrsquot know that and if I did I couldnrsquot share it with you because
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again they are a publicly traded company and their financials arenrsquot out So wedonrsquot know that but from what I have seen frommdashletrsquos take it back to October of2013 BK Brako had called and said ldquoHey what do you know about this littlecompany because they are just a pain in my buttrdquo And I said ldquoWell whatrsquos thedealrdquo He said ldquoWake Up Nowrdquo I said ldquoDude they are a nice company Theysometimes shoot themselves in the foot you know but they are good guys Theyare not a scam or anything like that They are moving forward Well I donrsquot knowOkay but I knew because one of their products which is the Cyberhood WatchProgram Itrsquos part of the One Security Suite I actually sat on the team that createdthat product Leslie Harrison who is the wife wonderful gal of James Harrisonwho owns Invisys That was her baby That was her mastermind and I wasprivileged enough to sit on that because that was my last network marketingcompany that I built I got out of that in 2009 when the industry shifted and hebecame really a consultant and a vendor to other companies so I am saying ldquonordquothis is good stuff They have got TaxBot in there They have got a languageprogram thatrsquos now owned by Rosetta Stone I mean these are quality productsThey own the code the software code to their daily deal They own all of theirbackend software I said ldquoBK this is a great company you knowrdquo Itrsquos a smallcompany and they need to turn the corner but itrsquos a good company
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As a matter of fact most of my team from Invisys had gone over there so I knew aDo you need professional PDFs Try PDFmyURL
little bit about the company They werenrsquot a scam but what I saw was BKs hecalls them his YPR I laugh every time I hear that not at BK but that any adult anygeneration X or baby boomer would think that the Millenials are theirs I amraising Millenials right now and they are the most independent kids yoursquove got Sowhen kids are in your company yoursquove got to mentor them Yoursquove got to growthem but they are not yours They could move somewhere at the drop of a hatSo I always laugh when BK says that but all of the young kids the Millenials I sawthem over at World Ventures I saw them at Vitelle before that got soldmdashMotorClub of AmericamdashI see them at Lemu Gary Rasherrsquos got a heck of a team of theseyoung kids over there and the fun thing about Garyrsquos team Itrsquos the same thing Isee at Wake Up Now is he mentors He teaches these kids stay in school pay foryour school get your education you know donrsquot blow through the money thatyoursquore making Itrsquos a good deal hersquos got But you see them all over the place Butthey are very aggressive marketers and thatrsquos what had gotten me into workingwith Wake Up Now is to mentor these kids to sit down and help the companyguide them through becoming entrepreneurs being able to build theirbusinesses teaching them not to go out there and show the bling not to go outthere and flash the cash Donrsquot show the Maseratis and all that because the FTCFederal Trade Commission sees that as enticements and I said look you knowtherersquos no way to disclose that type of stuff in an IDS an income disclosurestatement So you know but theyrsquoll see it that way
So unless yoursquore going to put on those videos and yoursquore going to control all thevideos hey this is not the common amount This is not what people see Hey golook at our IDS I said ldquoYou can get your butt in troublerdquo and I know therersquos a lot ofbig companies on the top 100 list thatrsquos put out by the Direct Selling News thatyou see it you see the checks across stage and you see all that Look people canrun their business however they want to I am just telling you as a consultant thatworks in the compliance works in crisis management works at helping
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companies start up We teach to be conservative You want your capitalistbusiness You want your entrepreneurialism to grow You donrsquot want to be shutdown by regulators So thatrsquos the kind of work that we do and we looked at thatSo all weekend long is all this stuff started hitting I said you know why is all thishappening Now I just learned a couple of days earlier that a rumor had beenpassed that there could be at least one direct selling CEO that was trying to paycritics to write reports to put up information about Wake Up Now because hewas frustrated that some of his team had left and went to Wake Up Now Youknow rumors are rumors but one thing that I can tell you the reason organizedcrime has nothing to do with direct selling is there is no secret so eventually wersquollget to the bottom of that one too But I realized okay part of this annual reportsince it wasnrsquot a positive set of numbers it could be the critics just grabbed a holdof it through the Google alerts Thatrsquos what we use or it could be that it waspassed off to them and then we started seeing stuff on Facebook We startedseeing emails coming in and text
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So I knew that it was being passed around and Wake Up Now has been such anunder-the-radar small company it wasnrsquot like people were looking at So you startto realize that therersquos stuff going on Now does it mean that Wake Up Nowshouldnrsquot be you know researched that it shouldnrsquot be looked at No absolutelynot As a matter of fact Tom Schult and I have talked about this I like the fact that
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Wake Up Now put out their number the same reason he likes the fact thatYoungevity puts out theirs See when you are working with a publicly-traded directselling company Basically you are working with somebody that you can alwayslook at them in their birthday suit Drop their pants they are down around theirknees they are down around their ankles this is what you see take it or leave itbecause all the numbers are there You know so itrsquos easy to see what yoursquove gotYou take a privately-held direct selling company and they can keep their pants upThey can stick big socks in them They can say look how we grow Donrsquot we look sobig and really itrsquos all fake Itrsquos all hype and thatrsquos what the critics actually look at inmost cases so I was a little bit shocked when I saw that some of the critics werereally pounding heavy on Wake Up Now after they had literally put out theirnumbers and they donrsquot hit other companies That was what got me You knowone of the companies thatrsquos really coming on strong right now is FG Express whichis owned by Forever Green and until 2013 Forever Green had not earned a profitat all As a matter of fact their financial statement looked almost exactly like WakeUp Nows and yet none of the critics pounced on that So I could tell therersquosprobably a little bit of something that was there that had caught somebodyrsquos eyebut at the end of the day one of the big things that the critics brought up and Iwant to address that as we shut down on this video Now wersquore going to coverseveral issues that the critics have brought up from income disclosurestatements to Millenials and all that but something I want to hit right now beforewe shut this one down is retail sales I donrsquot know why critics get hit on retail salesbecause none of the regulators do The regulators get focused on sales aboveand beyond the compensation plan Burn Lounge prime example The judge inthat said look therersquos only 1 of sales that were above and beyond or outside thecompensation plan Thatrsquos not enough to be called a direct selling companyFortune High Tech which is I mean the regulators kind of pushed on that oneand then Paul Orbison passed away but they were saying look therersquos notenough sales above and beyond what it takes to qualify in the compensation plan
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mdashnothing about retail sales
As a matter of fact therersquos very few companies that even allow what we would callretail sales Thatrsquos where the distributor can take and retail the product in theirown shop that they own They can buy extra product and put it in flea marketsand stuff like that Not every company does that Going back to Youngevity for aminute Youngevity is a companymdashyou can take their products You can put themin stores You can actually sell if you can get the products and you can get themat a bulk rate you can sell them and put them into retail establishments Wake UpNow is that way Wake Up Now has a bulk sale deal As a matter of fact I know acountry club in Park City that actually markets their products over there Itrsquos notlike over at VIMA where they have the VIMA Lounge and stuff like this This is anindependent company They tasted the Thunder Energy Drink and now they areselling the Thunder Energy Drink in a country club That happens Now yoursquovealso got companies like Tupperware Watkins and Avon who really are more ofthe party plan side of things but Watkins sells their products in Wal-Mart and inTarget Tupperware tried Targetmdashit didnrsquot work very well for them and Avon hastheir own stores now in malls So thatrsquos retail sales Now a lot of times critics willlook at it and say ldquoWell itrsquos the 70 rulerdquo There is no 70 rule that is built insideof the federal or state codes That goes back to a 1979 hearing where the judgesaid the reason Amway is not a pyramid is because they have a 70 rule At thattime it wasmdashthey used directs They didnrsquot have auto-ships They werenrsquot selling topreferred customers Literally therersquos a guy that went direct He had all theproduct and he was the rep that bought the product from him and what theyhad is that you had to either use up yourself or sell 70 of your product Laterone of the attorneys at the FTC wrote about that For some reason critics talkabout retail sales Thatrsquos not what this is
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Here is what I can tell you about Wake Up Now In October when I went to thatcompany they had around 30 employees They had just moved to their brand-newndashI think itrsquos 20000 square foot office In that office now they have a completecustomer service area both national and international They have another set ofteamndashanother team that covers only the distributors They have another teamthat covers only compliance They have gone from 30 to over 200 employeesThatrsquos part of that $8 million is paying for those employees They use metrics ineverything The customer service get paid based onmdashrather they take care of thecustomers The same thing with the IBO team They take care of those Their techteam went from 2-20 because they are building out this brand-new proprietaryback end thatrsquos beautiful and again that team looks at the metrics 24-7 it seemslike Now I donrsquot know if they are there that whole time but I talked to all of theirteam that day and they said in this room theyrsquove got like itrsquos a 120-inch TV wherethey are watching and if the website starts to slowdown they start looking at theweb servers to see if something hung up The only other company I have seentake this much time as a company I ran called Pro Step here in Florida and it wasamazing because our team Curt Hanes his whole crew thatrsquos all they did wasfocus on what it took to make that company run so that the customers and thereps were happy and I see that at Wake Up Now Itrsquos amazing to see what theyrsquovedone But if you guys would go out before you just listen to my stuff before youlisten to a critic go pick up Kirbyrsquos book or better yet go watch the interview that Idid with Kirby where he talks about the pillars of inflection and you start to learn
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what this company is built on You know I have got to say this and I gomdasha lot ofmy videos I go this way
I talk about what my friend and my mentor Richard Brook said And he saidldquoUnited we stand Divided we fallrdquo Now I donrsquot expect the critics out theremdashI donrsquotcare if itrsquos scamcom realscamcom Behind MLM or any of the other that are outthere I mean therersquos hundreds thousands maybe of people that donrsquot likenetwork marketing donrsquot understand it you know and everything else And thentherersquos the inside critics I donrsquot care aboutmdashherersquos what I care about If we willcome together as a community and work together to make ourselves better tomake it as good as what we see franchising is today then you know what Thecritics wonrsquot have anything to really talk about period Thatrsquos the thing and I amnot seeing that right now As a matter of fact I know that in the case of Wake UpNow at least one CEO I have tried over and over and over to get to sit down withJason and just talk to him about hey yoursquove got conflicts between your youngteams Letrsquos work them out and he hasnrsquot done it Closing this out guys Yoursquovegot to focus on building your business Absolutely if you just look at the numbersat Wake Up Now and you donrsquot at where the company is going and you just wantto write negative blog posts or critical blog posts You know then there is going tobe issues but if you really focus on are they building a platform have they built aplatform that people are using When you look at the fact that the numbers aregoing up you start to see that this is a company thatrsquos starting to turn a cornersimilar to when Amazon turned their corner and you know theyrsquove built into theirbusiness planmdashit would be five years maybe before we show a profit It actuallywas almost six before they built a profit Therersquos many companies that way Ittakes time to build a business
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Many companies if you went and looked yoursquod find in those early years whenrsquos itrsquosin the research and development stages of a company that it takes time It takesenergy to make that work and thatrsquos kind of what yoursquove got here at Wake UpNow Wersquore going to continue to watch it I am going to continue to work withthem I have been amazed at seeing how they fixed their mistakes how theyrsquovestayed true to their word and whatrsquos even more amazing is the culture that theyhave created Those kids that are not as predictable maybe as the pastgenerations Theyrsquove been willing to forgive the mistakes because theyrsquove seen theauthenticity of that team at that corporate office and that team has stayed trueto their word all along the way Wersquore still going to stay on those kids to make surethat they are doing business rightmdashthat they are marketing right and wersquore alsogoing to start looking at some of the other companies and some of the CEOs thatare out there egging on their young team talking about how they are going tobring down certain companies You canrsquot do that and once it goes out there onthe Internet itrsquos public record so wersquore able to show hey this is where theinstigation is coming on and the last thing that I want to see is any more lawsuitsI have started to see companies terminating reps for stupid reasons and suingthem Wersquove started seeing companies suing each other and wersquore seeing aboatload of whatrsquos been called corporate espionage and tortuous interferenceand if wersquore going to build a community that the critics canrsquot say is a bunch of WildWest gunslingers on the verge of just barely having it rightmdashwhat KevinThompson calls the grey
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If wersquore going to build a community if wersquore going to build an industry that can beproud we can be proud of then wersquove got to do it right Wersquove got to do it in theblack and that means we work together to do things by best practices even whencompanies may have dropped their drawers because of compliance and shownthe truth I would rather have a company like Wake Up Now or YoungevityHerbaLife or Nu Skinmdashthese publicly traded MLMs right nowmdashthan these guysthat are overhyping everything talking about some list that they are on when I amlooking at other companies that I know have hundreds of millions of dollars andarenrsquot on those lists because they didnrsquot turn their numbers in because they saidthatrsquos not what this is about This is about building something that people can beproud of And if yrsquoall get down to it if you stayed this long to watch this video thenwhether you are a company owner whether you are a vendor whether you arean attorney whether you are a consultant whether you are a distributormdashwe areall on the path headed the same direction We all want financial freedom We allwant to live within this community and have fun together So why donrsquot we go outthere and do that and work to build it up instead of worrying about this fear ofloss and tearing it down Live life like itrsquos an epic adventure Stay dangerous Staystrong and if yoursquore in a network marketing company start acting like it
Sign Up For WakeUpNow
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Previous Next
TAGS BEACHSIDE CEO TROY DOOLY WAKE UP NOW FINANCIAL STATEMENT WAKEUPNOWWAKEUPNOW FINANCIAL STATEMENT
David Liciaga is a WakeUpNow independent business owner (IBO) who consistentlyranks amongst the top 10 recruiters To date he has brought on more than 1154 peopleto his team single-handedly and provides the tools and training for his teammates toduplicate his success
Author David Liciaga
ABOUT THE DAVID LICIAGA
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Inside Look withWakeUpNow PresidentJason Elrod ndash SeemoreGreen
Pyramid Schemes vs MLMCompanies
The company Wake UpNow ndash Eric Worre will be atthe corporate conference
LEAVE A COMMENT
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Copyright 2014 David Liciaga Wake Up Now IBO - All Rights Reserved
Contact us
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part of the One Life I guess they call it phenomenal kids and spent literally six orseven hours just mentoring and asking questions Thatrsquos part of what we do Welook at the compliance side of things Wersquore in the middle of getting ready to putsome videos together for their new compliance course Itrsquos going to bephenomenal I should also disclose I do not own any stock at this timemdashwasplanning on buying several thousand shares of stock when it was $005 At $650therersquos no logical reason that it should be that high So we wonrsquot be buying anystock right now Wersquoll wait until it comes down once we figure out was this justsome uneducated investors that got excited and started buying stock or was itsome type of a manipulation Hopefully the internal investigation will show whatexactly has happened based on whorsquos buying those shares what entities or whatindividuals you know Because what you got to look at is this is a publicly tradedcompany
Of all the critics that are out there that might be looking at direct selling or evenlooking at Wake Up Now I believe I am the only one that has sat before the SEC inthe last 18 months and has had a feel and have been able to ask them questionsmdashwhat is it that yoursquore looking for And I guarantee when they find peoplemanipulating a publicly traded company or selling unregistered securities orsomething like that by golly they are going to be in on it So I hope if there is anystock manipulation that they are able to see it Wake Up Now is able to show themwhatrsquos going on because thatrsquos just not right Some of this stuff thatrsquos beenhappening over the last few days right before Motherrsquos Day I started getting textcalls emailsmdashTroy is it true that Wake Up Now is going out of business Itrsquos likeno not at all As a matter of fact I know the numbers from just last monthrsquos saleswhich would blow you away and I said so no not at all I said ldquoWhyrdquo And he saidldquoWell they put up their annual reportrdquo Well I went over and I looked at the SECand itrsquos like they have not made any filings and I was pretty sure I would knowabout the fillings and then I saw one of the critics had written an article
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Sign Up For WakeUpNow
So I went and looked at his stuff and said ldquoHey wherersquod you get those figuresrdquoAnd then I found out they were at the OTC markets that what had happened iswhen Wake Up Now saw that their stock had hit $650 they realized thatsomebody is really uneducated about investing or somebody is playing with ourstock and no matter what wersquore going to abide by the rules and wersquoll just put up aquick unaudited financial statement put it up here and let people know look youneed to understand wersquore still in the foundation stages and thatrsquos exactly whatthey did Now they have been at thismdashthe current managementmdashhas been at itfor a few years now a couple of years I think But for you that donrsquot know WakeUp Now was part of a reverse merger came together If yoursquove taken the time toinvestigate this company then you know 2010 and 2009 werenrsquot good yearseither but the current management teammdashKirby Cochran Phil Jason and theseguys they had put the seed money in to make this company work And when theformer management that was there blew through the money Have you ever seenthe movie Other Peoplersquos Money Well thatrsquos exactly what these guys didmdashblewthrew it Kirby and Jason and Phil who have been together for years said ldquoLookwe donrsquot want our money to go down the drain letrsquos go in there and take over thiscompany and see if we can make it work Now Kirby has written a phenomenalbook and literally they are running the business based off that book I donrsquot knowif you guys know it I have done a great interview with both Jason and Kirby Wersquoll
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put them up here for you guys to watch over on the post But he literally teachesat the University of Utah This is not somebody that just decided to launch anetwork marketing company So when I started looking at the financials I thoughtokay this all lines up with what Kirby has shown me on the whiteboard It lines upwith what their plans are and I thought I donrsquot see a big issue and I would letpeople know no this is not a big issue This is part of a startup This is part of thebusiness
Now when I went and looked at some of the critics blogs it was interesting to mebecause critics do what critics are good at and they look at things through theirworldview and a couple of these critics are hell on wheels when it comes to Ponzischemes and pyramid schemes and they have got their act together But some ofthem just donrsquot like network companies for whatever reason Therersquos one criticout there as a matter of fact Oz over at Behind MLM I swear if him and LynnClements could get together that the two of them are such analytical They onlysee it one way that the two of them could create the perfect network marketingcompany because they are both two peas in a pod I tell ya And Lynn is an insidecritic and Oz is an outside critic but the two of them I swear they could create acompany but I digress down a rabbit trail but one of the things that I want to talkabout is themdashwhat is it that the financials show Now understand I donrsquot know thehistory of all the critics out there but Irsquove got almost 20 years as a series 6 63 and26 broker and ran and had over I think it was around $50 million undermanagement We have looked at financial sheets We have looked at asset sheetsWe have looked at mutual fund prospectuses We have looked at companyprospectuses I was part of a mergers and acquisition firm So we understand alittle bit about numbers and when you look at everything in this financialstatement
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First letrsquos look at the disclosure They made it very clear Look if we keep goingdown this same path we may not be able to be in operation Well yeah you gothrough $8 million putting it into the infrastructure of the company putting it intoresearch and development If that doesnrsquot pay off eventually then guess whatInvestors arenrsquot going to give you any more money Yoursquore going to have to shutyour door Do I think Wake Up Now is even close to that Absolutely not Like Isaid I know what last monthrsquos numbers were I knew what the months before As amatter of fact from October to now I know where they have been so I know thegrowth curve As a matter of fact and I forget whichmdashI downloaded it I forgetwhich page it came off I will have to look but I have got a graph of the Alexa chartthat one of the critics put up Now Alexa is not the best metrics to look at but itrsquosthe free metric so thatrsquos what people look at If you go and you get compete oryou get some of the others you get a better feel but in this one that he did heactually showed something I thought was good He showed the loss factor andthen he showed that their geometric progression as they started decline and hesaid well wait a minute they are still showing a loss here thatrsquos true but theclimb hasnrsquot stopped They have just hit that pinnacle where now theyrsquove gone likethis This is where you start to see the infrastructure the cost the monies therestart to catch up with what the sales are and I think thatrsquos a good deal
Now do we know for sure that they are going to make a profit in 2014 NoAbsolutely not I donrsquot know that and if I did I couldnrsquot share it with you because
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again they are a publicly traded company and their financials arenrsquot out So wedonrsquot know that but from what I have seen frommdashletrsquos take it back to October of2013 BK Brako had called and said ldquoHey what do you know about this littlecompany because they are just a pain in my buttrdquo And I said ldquoWell whatrsquos thedealrdquo He said ldquoWake Up Nowrdquo I said ldquoDude they are a nice company Theysometimes shoot themselves in the foot you know but they are good guys Theyare not a scam or anything like that They are moving forward Well I donrsquot knowOkay but I knew because one of their products which is the Cyberhood WatchProgram Itrsquos part of the One Security Suite I actually sat on the team that createdthat product Leslie Harrison who is the wife wonderful gal of James Harrisonwho owns Invisys That was her baby That was her mastermind and I wasprivileged enough to sit on that because that was my last network marketingcompany that I built I got out of that in 2009 when the industry shifted and hebecame really a consultant and a vendor to other companies so I am saying ldquonordquothis is good stuff They have got TaxBot in there They have got a languageprogram thatrsquos now owned by Rosetta Stone I mean these are quality productsThey own the code the software code to their daily deal They own all of theirbackend software I said ldquoBK this is a great company you knowrdquo Itrsquos a smallcompany and they need to turn the corner but itrsquos a good company
Sign Up For WakeUpNow
As a matter of fact most of my team from Invisys had gone over there so I knew aDo you need professional PDFs Try PDFmyURL
little bit about the company They werenrsquot a scam but what I saw was BKs hecalls them his YPR I laugh every time I hear that not at BK but that any adult anygeneration X or baby boomer would think that the Millenials are theirs I amraising Millenials right now and they are the most independent kids yoursquove got Sowhen kids are in your company yoursquove got to mentor them Yoursquove got to growthem but they are not yours They could move somewhere at the drop of a hatSo I always laugh when BK says that but all of the young kids the Millenials I sawthem over at World Ventures I saw them at Vitelle before that got soldmdashMotorClub of AmericamdashI see them at Lemu Gary Rasherrsquos got a heck of a team of theseyoung kids over there and the fun thing about Garyrsquos team Itrsquos the same thing Isee at Wake Up Now is he mentors He teaches these kids stay in school pay foryour school get your education you know donrsquot blow through the money thatyoursquore making Itrsquos a good deal hersquos got But you see them all over the place Butthey are very aggressive marketers and thatrsquos what had gotten me into workingwith Wake Up Now is to mentor these kids to sit down and help the companyguide them through becoming entrepreneurs being able to build theirbusinesses teaching them not to go out there and show the bling not to go outthere and flash the cash Donrsquot show the Maseratis and all that because the FTCFederal Trade Commission sees that as enticements and I said look you knowtherersquos no way to disclose that type of stuff in an IDS an income disclosurestatement So you know but theyrsquoll see it that way
So unless yoursquore going to put on those videos and yoursquore going to control all thevideos hey this is not the common amount This is not what people see Hey golook at our IDS I said ldquoYou can get your butt in troublerdquo and I know therersquos a lot ofbig companies on the top 100 list thatrsquos put out by the Direct Selling News thatyou see it you see the checks across stage and you see all that Look people canrun their business however they want to I am just telling you as a consultant thatworks in the compliance works in crisis management works at helping
Do you need professional PDFs Try PDFmyURL
companies start up We teach to be conservative You want your capitalistbusiness You want your entrepreneurialism to grow You donrsquot want to be shutdown by regulators So thatrsquos the kind of work that we do and we looked at thatSo all weekend long is all this stuff started hitting I said you know why is all thishappening Now I just learned a couple of days earlier that a rumor had beenpassed that there could be at least one direct selling CEO that was trying to paycritics to write reports to put up information about Wake Up Now because hewas frustrated that some of his team had left and went to Wake Up Now Youknow rumors are rumors but one thing that I can tell you the reason organizedcrime has nothing to do with direct selling is there is no secret so eventually wersquollget to the bottom of that one too But I realized okay part of this annual reportsince it wasnrsquot a positive set of numbers it could be the critics just grabbed a holdof it through the Google alerts Thatrsquos what we use or it could be that it waspassed off to them and then we started seeing stuff on Facebook We startedseeing emails coming in and text
Sign Up For WakeUpNow
So I knew that it was being passed around and Wake Up Now has been such anunder-the-radar small company it wasnrsquot like people were looking at So you startto realize that therersquos stuff going on Now does it mean that Wake Up Nowshouldnrsquot be you know researched that it shouldnrsquot be looked at No absolutelynot As a matter of fact Tom Schult and I have talked about this I like the fact that
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Wake Up Now put out their number the same reason he likes the fact thatYoungevity puts out theirs See when you are working with a publicly-traded directselling company Basically you are working with somebody that you can alwayslook at them in their birthday suit Drop their pants they are down around theirknees they are down around their ankles this is what you see take it or leave itbecause all the numbers are there You know so itrsquos easy to see what yoursquove gotYou take a privately-held direct selling company and they can keep their pants upThey can stick big socks in them They can say look how we grow Donrsquot we look sobig and really itrsquos all fake Itrsquos all hype and thatrsquos what the critics actually look at inmost cases so I was a little bit shocked when I saw that some of the critics werereally pounding heavy on Wake Up Now after they had literally put out theirnumbers and they donrsquot hit other companies That was what got me You knowone of the companies thatrsquos really coming on strong right now is FG Express whichis owned by Forever Green and until 2013 Forever Green had not earned a profitat all As a matter of fact their financial statement looked almost exactly like WakeUp Nows and yet none of the critics pounced on that So I could tell therersquosprobably a little bit of something that was there that had caught somebodyrsquos eyebut at the end of the day one of the big things that the critics brought up and Iwant to address that as we shut down on this video Now wersquore going to coverseveral issues that the critics have brought up from income disclosurestatements to Millenials and all that but something I want to hit right now beforewe shut this one down is retail sales I donrsquot know why critics get hit on retail salesbecause none of the regulators do The regulators get focused on sales aboveand beyond the compensation plan Burn Lounge prime example The judge inthat said look therersquos only 1 of sales that were above and beyond or outside thecompensation plan Thatrsquos not enough to be called a direct selling companyFortune High Tech which is I mean the regulators kind of pushed on that oneand then Paul Orbison passed away but they were saying look therersquos notenough sales above and beyond what it takes to qualify in the compensation plan
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mdashnothing about retail sales
As a matter of fact therersquos very few companies that even allow what we would callretail sales Thatrsquos where the distributor can take and retail the product in theirown shop that they own They can buy extra product and put it in flea marketsand stuff like that Not every company does that Going back to Youngevity for aminute Youngevity is a companymdashyou can take their products You can put themin stores You can actually sell if you can get the products and you can get themat a bulk rate you can sell them and put them into retail establishments Wake UpNow is that way Wake Up Now has a bulk sale deal As a matter of fact I know acountry club in Park City that actually markets their products over there Itrsquos notlike over at VIMA where they have the VIMA Lounge and stuff like this This is anindependent company They tasted the Thunder Energy Drink and now they areselling the Thunder Energy Drink in a country club That happens Now yoursquovealso got companies like Tupperware Watkins and Avon who really are more ofthe party plan side of things but Watkins sells their products in Wal-Mart and inTarget Tupperware tried Targetmdashit didnrsquot work very well for them and Avon hastheir own stores now in malls So thatrsquos retail sales Now a lot of times critics willlook at it and say ldquoWell itrsquos the 70 rulerdquo There is no 70 rule that is built insideof the federal or state codes That goes back to a 1979 hearing where the judgesaid the reason Amway is not a pyramid is because they have a 70 rule At thattime it wasmdashthey used directs They didnrsquot have auto-ships They werenrsquot selling topreferred customers Literally therersquos a guy that went direct He had all theproduct and he was the rep that bought the product from him and what theyhad is that you had to either use up yourself or sell 70 of your product Laterone of the attorneys at the FTC wrote about that For some reason critics talkabout retail sales Thatrsquos not what this is
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Here is what I can tell you about Wake Up Now In October when I went to thatcompany they had around 30 employees They had just moved to their brand-newndashI think itrsquos 20000 square foot office In that office now they have a completecustomer service area both national and international They have another set ofteamndashanother team that covers only the distributors They have another teamthat covers only compliance They have gone from 30 to over 200 employeesThatrsquos part of that $8 million is paying for those employees They use metrics ineverything The customer service get paid based onmdashrather they take care of thecustomers The same thing with the IBO team They take care of those Their techteam went from 2-20 because they are building out this brand-new proprietaryback end thatrsquos beautiful and again that team looks at the metrics 24-7 it seemslike Now I donrsquot know if they are there that whole time but I talked to all of theirteam that day and they said in this room theyrsquove got like itrsquos a 120-inch TV wherethey are watching and if the website starts to slowdown they start looking at theweb servers to see if something hung up The only other company I have seentake this much time as a company I ran called Pro Step here in Florida and it wasamazing because our team Curt Hanes his whole crew thatrsquos all they did wasfocus on what it took to make that company run so that the customers and thereps were happy and I see that at Wake Up Now Itrsquos amazing to see what theyrsquovedone But if you guys would go out before you just listen to my stuff before youlisten to a critic go pick up Kirbyrsquos book or better yet go watch the interview that Idid with Kirby where he talks about the pillars of inflection and you start to learn
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what this company is built on You know I have got to say this and I gomdasha lot ofmy videos I go this way
I talk about what my friend and my mentor Richard Brook said And he saidldquoUnited we stand Divided we fallrdquo Now I donrsquot expect the critics out theremdashI donrsquotcare if itrsquos scamcom realscamcom Behind MLM or any of the other that are outthere I mean therersquos hundreds thousands maybe of people that donrsquot likenetwork marketing donrsquot understand it you know and everything else And thentherersquos the inside critics I donrsquot care aboutmdashherersquos what I care about If we willcome together as a community and work together to make ourselves better tomake it as good as what we see franchising is today then you know what Thecritics wonrsquot have anything to really talk about period Thatrsquos the thing and I amnot seeing that right now As a matter of fact I know that in the case of Wake UpNow at least one CEO I have tried over and over and over to get to sit down withJason and just talk to him about hey yoursquove got conflicts between your youngteams Letrsquos work them out and he hasnrsquot done it Closing this out guys Yoursquovegot to focus on building your business Absolutely if you just look at the numbersat Wake Up Now and you donrsquot at where the company is going and you just wantto write negative blog posts or critical blog posts You know then there is going tobe issues but if you really focus on are they building a platform have they built aplatform that people are using When you look at the fact that the numbers aregoing up you start to see that this is a company thatrsquos starting to turn a cornersimilar to when Amazon turned their corner and you know theyrsquove built into theirbusiness planmdashit would be five years maybe before we show a profit It actuallywas almost six before they built a profit Therersquos many companies that way Ittakes time to build a business
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Many companies if you went and looked yoursquod find in those early years whenrsquos itrsquosin the research and development stages of a company that it takes time It takesenergy to make that work and thatrsquos kind of what yoursquove got here at Wake UpNow Wersquore going to continue to watch it I am going to continue to work withthem I have been amazed at seeing how they fixed their mistakes how theyrsquovestayed true to their word and whatrsquos even more amazing is the culture that theyhave created Those kids that are not as predictable maybe as the pastgenerations Theyrsquove been willing to forgive the mistakes because theyrsquove seen theauthenticity of that team at that corporate office and that team has stayed trueto their word all along the way Wersquore still going to stay on those kids to make surethat they are doing business rightmdashthat they are marketing right and wersquore alsogoing to start looking at some of the other companies and some of the CEOs thatare out there egging on their young team talking about how they are going tobring down certain companies You canrsquot do that and once it goes out there onthe Internet itrsquos public record so wersquore able to show hey this is where theinstigation is coming on and the last thing that I want to see is any more lawsuitsI have started to see companies terminating reps for stupid reasons and suingthem Wersquove started seeing companies suing each other and wersquore seeing aboatload of whatrsquos been called corporate espionage and tortuous interferenceand if wersquore going to build a community that the critics canrsquot say is a bunch of WildWest gunslingers on the verge of just barely having it rightmdashwhat KevinThompson calls the grey
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If wersquore going to build a community if wersquore going to build an industry that can beproud we can be proud of then wersquove got to do it right Wersquove got to do it in theblack and that means we work together to do things by best practices even whencompanies may have dropped their drawers because of compliance and shownthe truth I would rather have a company like Wake Up Now or YoungevityHerbaLife or Nu Skinmdashthese publicly traded MLMs right nowmdashthan these guysthat are overhyping everything talking about some list that they are on when I amlooking at other companies that I know have hundreds of millions of dollars andarenrsquot on those lists because they didnrsquot turn their numbers in because they saidthatrsquos not what this is about This is about building something that people can beproud of And if yrsquoall get down to it if you stayed this long to watch this video thenwhether you are a company owner whether you are a vendor whether you arean attorney whether you are a consultant whether you are a distributormdashwe areall on the path headed the same direction We all want financial freedom We allwant to live within this community and have fun together So why donrsquot we go outthere and do that and work to build it up instead of worrying about this fear ofloss and tearing it down Live life like itrsquos an epic adventure Stay dangerous Staystrong and if yoursquore in a network marketing company start acting like it
Sign Up For WakeUpNow
Do you need professional PDFs Try PDFmyURL
Previous Next
TAGS BEACHSIDE CEO TROY DOOLY WAKE UP NOW FINANCIAL STATEMENT WAKEUPNOWWAKEUPNOW FINANCIAL STATEMENT
David Liciaga is a WakeUpNow independent business owner (IBO) who consistentlyranks amongst the top 10 recruiters To date he has brought on more than 1154 peopleto his team single-handedly and provides the tools and training for his teammates toduplicate his success
Author David Liciaga
ABOUT THE DAVID LICIAGA
RELATED POSTS
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Email (required)
Website
Comment
Post Comment
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Inside Look withWakeUpNow PresidentJason Elrod ndash SeemoreGreen
Pyramid Schemes vs MLMCompanies
The company Wake UpNow ndash Eric Worre will be atthe corporate conference
LEAVE A COMMENT
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Copyright 2014 David Liciaga Wake Up Now IBO - All Rights Reserved
Contact us
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Sign Up For WakeUpNow
So I went and looked at his stuff and said ldquoHey wherersquod you get those figuresrdquoAnd then I found out they were at the OTC markets that what had happened iswhen Wake Up Now saw that their stock had hit $650 they realized thatsomebody is really uneducated about investing or somebody is playing with ourstock and no matter what wersquore going to abide by the rules and wersquoll just put up aquick unaudited financial statement put it up here and let people know look youneed to understand wersquore still in the foundation stages and thatrsquos exactly whatthey did Now they have been at thismdashthe current managementmdashhas been at itfor a few years now a couple of years I think But for you that donrsquot know WakeUp Now was part of a reverse merger came together If yoursquove taken the time toinvestigate this company then you know 2010 and 2009 werenrsquot good yearseither but the current management teammdashKirby Cochran Phil Jason and theseguys they had put the seed money in to make this company work And when theformer management that was there blew through the money Have you ever seenthe movie Other Peoplersquos Money Well thatrsquos exactly what these guys didmdashblewthrew it Kirby and Jason and Phil who have been together for years said ldquoLookwe donrsquot want our money to go down the drain letrsquos go in there and take over thiscompany and see if we can make it work Now Kirby has written a phenomenalbook and literally they are running the business based off that book I donrsquot knowif you guys know it I have done a great interview with both Jason and Kirby Wersquoll
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put them up here for you guys to watch over on the post But he literally teachesat the University of Utah This is not somebody that just decided to launch anetwork marketing company So when I started looking at the financials I thoughtokay this all lines up with what Kirby has shown me on the whiteboard It lines upwith what their plans are and I thought I donrsquot see a big issue and I would letpeople know no this is not a big issue This is part of a startup This is part of thebusiness
Now when I went and looked at some of the critics blogs it was interesting to mebecause critics do what critics are good at and they look at things through theirworldview and a couple of these critics are hell on wheels when it comes to Ponzischemes and pyramid schemes and they have got their act together But some ofthem just donrsquot like network companies for whatever reason Therersquos one criticout there as a matter of fact Oz over at Behind MLM I swear if him and LynnClements could get together that the two of them are such analytical They onlysee it one way that the two of them could create the perfect network marketingcompany because they are both two peas in a pod I tell ya And Lynn is an insidecritic and Oz is an outside critic but the two of them I swear they could create acompany but I digress down a rabbit trail but one of the things that I want to talkabout is themdashwhat is it that the financials show Now understand I donrsquot know thehistory of all the critics out there but Irsquove got almost 20 years as a series 6 63 and26 broker and ran and had over I think it was around $50 million undermanagement We have looked at financial sheets We have looked at asset sheetsWe have looked at mutual fund prospectuses We have looked at companyprospectuses I was part of a mergers and acquisition firm So we understand alittle bit about numbers and when you look at everything in this financialstatement
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First letrsquos look at the disclosure They made it very clear Look if we keep goingdown this same path we may not be able to be in operation Well yeah you gothrough $8 million putting it into the infrastructure of the company putting it intoresearch and development If that doesnrsquot pay off eventually then guess whatInvestors arenrsquot going to give you any more money Yoursquore going to have to shutyour door Do I think Wake Up Now is even close to that Absolutely not Like Isaid I know what last monthrsquos numbers were I knew what the months before As amatter of fact from October to now I know where they have been so I know thegrowth curve As a matter of fact and I forget whichmdashI downloaded it I forgetwhich page it came off I will have to look but I have got a graph of the Alexa chartthat one of the critics put up Now Alexa is not the best metrics to look at but itrsquosthe free metric so thatrsquos what people look at If you go and you get compete oryou get some of the others you get a better feel but in this one that he did heactually showed something I thought was good He showed the loss factor andthen he showed that their geometric progression as they started decline and hesaid well wait a minute they are still showing a loss here thatrsquos true but theclimb hasnrsquot stopped They have just hit that pinnacle where now theyrsquove gone likethis This is where you start to see the infrastructure the cost the monies therestart to catch up with what the sales are and I think thatrsquos a good deal
Now do we know for sure that they are going to make a profit in 2014 NoAbsolutely not I donrsquot know that and if I did I couldnrsquot share it with you because
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again they are a publicly traded company and their financials arenrsquot out So wedonrsquot know that but from what I have seen frommdashletrsquos take it back to October of2013 BK Brako had called and said ldquoHey what do you know about this littlecompany because they are just a pain in my buttrdquo And I said ldquoWell whatrsquos thedealrdquo He said ldquoWake Up Nowrdquo I said ldquoDude they are a nice company Theysometimes shoot themselves in the foot you know but they are good guys Theyare not a scam or anything like that They are moving forward Well I donrsquot knowOkay but I knew because one of their products which is the Cyberhood WatchProgram Itrsquos part of the One Security Suite I actually sat on the team that createdthat product Leslie Harrison who is the wife wonderful gal of James Harrisonwho owns Invisys That was her baby That was her mastermind and I wasprivileged enough to sit on that because that was my last network marketingcompany that I built I got out of that in 2009 when the industry shifted and hebecame really a consultant and a vendor to other companies so I am saying ldquonordquothis is good stuff They have got TaxBot in there They have got a languageprogram thatrsquos now owned by Rosetta Stone I mean these are quality productsThey own the code the software code to their daily deal They own all of theirbackend software I said ldquoBK this is a great company you knowrdquo Itrsquos a smallcompany and they need to turn the corner but itrsquos a good company
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As a matter of fact most of my team from Invisys had gone over there so I knew aDo you need professional PDFs Try PDFmyURL
little bit about the company They werenrsquot a scam but what I saw was BKs hecalls them his YPR I laugh every time I hear that not at BK but that any adult anygeneration X or baby boomer would think that the Millenials are theirs I amraising Millenials right now and they are the most independent kids yoursquove got Sowhen kids are in your company yoursquove got to mentor them Yoursquove got to growthem but they are not yours They could move somewhere at the drop of a hatSo I always laugh when BK says that but all of the young kids the Millenials I sawthem over at World Ventures I saw them at Vitelle before that got soldmdashMotorClub of AmericamdashI see them at Lemu Gary Rasherrsquos got a heck of a team of theseyoung kids over there and the fun thing about Garyrsquos team Itrsquos the same thing Isee at Wake Up Now is he mentors He teaches these kids stay in school pay foryour school get your education you know donrsquot blow through the money thatyoursquore making Itrsquos a good deal hersquos got But you see them all over the place Butthey are very aggressive marketers and thatrsquos what had gotten me into workingwith Wake Up Now is to mentor these kids to sit down and help the companyguide them through becoming entrepreneurs being able to build theirbusinesses teaching them not to go out there and show the bling not to go outthere and flash the cash Donrsquot show the Maseratis and all that because the FTCFederal Trade Commission sees that as enticements and I said look you knowtherersquos no way to disclose that type of stuff in an IDS an income disclosurestatement So you know but theyrsquoll see it that way
So unless yoursquore going to put on those videos and yoursquore going to control all thevideos hey this is not the common amount This is not what people see Hey golook at our IDS I said ldquoYou can get your butt in troublerdquo and I know therersquos a lot ofbig companies on the top 100 list thatrsquos put out by the Direct Selling News thatyou see it you see the checks across stage and you see all that Look people canrun their business however they want to I am just telling you as a consultant thatworks in the compliance works in crisis management works at helping
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companies start up We teach to be conservative You want your capitalistbusiness You want your entrepreneurialism to grow You donrsquot want to be shutdown by regulators So thatrsquos the kind of work that we do and we looked at thatSo all weekend long is all this stuff started hitting I said you know why is all thishappening Now I just learned a couple of days earlier that a rumor had beenpassed that there could be at least one direct selling CEO that was trying to paycritics to write reports to put up information about Wake Up Now because hewas frustrated that some of his team had left and went to Wake Up Now Youknow rumors are rumors but one thing that I can tell you the reason organizedcrime has nothing to do with direct selling is there is no secret so eventually wersquollget to the bottom of that one too But I realized okay part of this annual reportsince it wasnrsquot a positive set of numbers it could be the critics just grabbed a holdof it through the Google alerts Thatrsquos what we use or it could be that it waspassed off to them and then we started seeing stuff on Facebook We startedseeing emails coming in and text
Sign Up For WakeUpNow
So I knew that it was being passed around and Wake Up Now has been such anunder-the-radar small company it wasnrsquot like people were looking at So you startto realize that therersquos stuff going on Now does it mean that Wake Up Nowshouldnrsquot be you know researched that it shouldnrsquot be looked at No absolutelynot As a matter of fact Tom Schult and I have talked about this I like the fact that
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Wake Up Now put out their number the same reason he likes the fact thatYoungevity puts out theirs See when you are working with a publicly-traded directselling company Basically you are working with somebody that you can alwayslook at them in their birthday suit Drop their pants they are down around theirknees they are down around their ankles this is what you see take it or leave itbecause all the numbers are there You know so itrsquos easy to see what yoursquove gotYou take a privately-held direct selling company and they can keep their pants upThey can stick big socks in them They can say look how we grow Donrsquot we look sobig and really itrsquos all fake Itrsquos all hype and thatrsquos what the critics actually look at inmost cases so I was a little bit shocked when I saw that some of the critics werereally pounding heavy on Wake Up Now after they had literally put out theirnumbers and they donrsquot hit other companies That was what got me You knowone of the companies thatrsquos really coming on strong right now is FG Express whichis owned by Forever Green and until 2013 Forever Green had not earned a profitat all As a matter of fact their financial statement looked almost exactly like WakeUp Nows and yet none of the critics pounced on that So I could tell therersquosprobably a little bit of something that was there that had caught somebodyrsquos eyebut at the end of the day one of the big things that the critics brought up and Iwant to address that as we shut down on this video Now wersquore going to coverseveral issues that the critics have brought up from income disclosurestatements to Millenials and all that but something I want to hit right now beforewe shut this one down is retail sales I donrsquot know why critics get hit on retail salesbecause none of the regulators do The regulators get focused on sales aboveand beyond the compensation plan Burn Lounge prime example The judge inthat said look therersquos only 1 of sales that were above and beyond or outside thecompensation plan Thatrsquos not enough to be called a direct selling companyFortune High Tech which is I mean the regulators kind of pushed on that oneand then Paul Orbison passed away but they were saying look therersquos notenough sales above and beyond what it takes to qualify in the compensation plan
Do you need professional PDFs Try PDFmyURL
mdashnothing about retail sales
As a matter of fact therersquos very few companies that even allow what we would callretail sales Thatrsquos where the distributor can take and retail the product in theirown shop that they own They can buy extra product and put it in flea marketsand stuff like that Not every company does that Going back to Youngevity for aminute Youngevity is a companymdashyou can take their products You can put themin stores You can actually sell if you can get the products and you can get themat a bulk rate you can sell them and put them into retail establishments Wake UpNow is that way Wake Up Now has a bulk sale deal As a matter of fact I know acountry club in Park City that actually markets their products over there Itrsquos notlike over at VIMA where they have the VIMA Lounge and stuff like this This is anindependent company They tasted the Thunder Energy Drink and now they areselling the Thunder Energy Drink in a country club That happens Now yoursquovealso got companies like Tupperware Watkins and Avon who really are more ofthe party plan side of things but Watkins sells their products in Wal-Mart and inTarget Tupperware tried Targetmdashit didnrsquot work very well for them and Avon hastheir own stores now in malls So thatrsquos retail sales Now a lot of times critics willlook at it and say ldquoWell itrsquos the 70 rulerdquo There is no 70 rule that is built insideof the federal or state codes That goes back to a 1979 hearing where the judgesaid the reason Amway is not a pyramid is because they have a 70 rule At thattime it wasmdashthey used directs They didnrsquot have auto-ships They werenrsquot selling topreferred customers Literally therersquos a guy that went direct He had all theproduct and he was the rep that bought the product from him and what theyhad is that you had to either use up yourself or sell 70 of your product Laterone of the attorneys at the FTC wrote about that For some reason critics talkabout retail sales Thatrsquos not what this is
Sign Up For WakeUpNowDo you need professional PDFs Try PDFmyURL
Here is what I can tell you about Wake Up Now In October when I went to thatcompany they had around 30 employees They had just moved to their brand-newndashI think itrsquos 20000 square foot office In that office now they have a completecustomer service area both national and international They have another set ofteamndashanother team that covers only the distributors They have another teamthat covers only compliance They have gone from 30 to over 200 employeesThatrsquos part of that $8 million is paying for those employees They use metrics ineverything The customer service get paid based onmdashrather they take care of thecustomers The same thing with the IBO team They take care of those Their techteam went from 2-20 because they are building out this brand-new proprietaryback end thatrsquos beautiful and again that team looks at the metrics 24-7 it seemslike Now I donrsquot know if they are there that whole time but I talked to all of theirteam that day and they said in this room theyrsquove got like itrsquos a 120-inch TV wherethey are watching and if the website starts to slowdown they start looking at theweb servers to see if something hung up The only other company I have seentake this much time as a company I ran called Pro Step here in Florida and it wasamazing because our team Curt Hanes his whole crew thatrsquos all they did wasfocus on what it took to make that company run so that the customers and thereps were happy and I see that at Wake Up Now Itrsquos amazing to see what theyrsquovedone But if you guys would go out before you just listen to my stuff before youlisten to a critic go pick up Kirbyrsquos book or better yet go watch the interview that Idid with Kirby where he talks about the pillars of inflection and you start to learn
Do you need professional PDFs Try PDFmyURL
what this company is built on You know I have got to say this and I gomdasha lot ofmy videos I go this way
I talk about what my friend and my mentor Richard Brook said And he saidldquoUnited we stand Divided we fallrdquo Now I donrsquot expect the critics out theremdashI donrsquotcare if itrsquos scamcom realscamcom Behind MLM or any of the other that are outthere I mean therersquos hundreds thousands maybe of people that donrsquot likenetwork marketing donrsquot understand it you know and everything else And thentherersquos the inside critics I donrsquot care aboutmdashherersquos what I care about If we willcome together as a community and work together to make ourselves better tomake it as good as what we see franchising is today then you know what Thecritics wonrsquot have anything to really talk about period Thatrsquos the thing and I amnot seeing that right now As a matter of fact I know that in the case of Wake UpNow at least one CEO I have tried over and over and over to get to sit down withJason and just talk to him about hey yoursquove got conflicts between your youngteams Letrsquos work them out and he hasnrsquot done it Closing this out guys Yoursquovegot to focus on building your business Absolutely if you just look at the numbersat Wake Up Now and you donrsquot at where the company is going and you just wantto write negative blog posts or critical blog posts You know then there is going tobe issues but if you really focus on are they building a platform have they built aplatform that people are using When you look at the fact that the numbers aregoing up you start to see that this is a company thatrsquos starting to turn a cornersimilar to when Amazon turned their corner and you know theyrsquove built into theirbusiness planmdashit would be five years maybe before we show a profit It actuallywas almost six before they built a profit Therersquos many companies that way Ittakes time to build a business
Sign Up For WakeUpNowDo you need professional PDFs Try PDFmyURL
Many companies if you went and looked yoursquod find in those early years whenrsquos itrsquosin the research and development stages of a company that it takes time It takesenergy to make that work and thatrsquos kind of what yoursquove got here at Wake UpNow Wersquore going to continue to watch it I am going to continue to work withthem I have been amazed at seeing how they fixed their mistakes how theyrsquovestayed true to their word and whatrsquos even more amazing is the culture that theyhave created Those kids that are not as predictable maybe as the pastgenerations Theyrsquove been willing to forgive the mistakes because theyrsquove seen theauthenticity of that team at that corporate office and that team has stayed trueto their word all along the way Wersquore still going to stay on those kids to make surethat they are doing business rightmdashthat they are marketing right and wersquore alsogoing to start looking at some of the other companies and some of the CEOs thatare out there egging on their young team talking about how they are going tobring down certain companies You canrsquot do that and once it goes out there onthe Internet itrsquos public record so wersquore able to show hey this is where theinstigation is coming on and the last thing that I want to see is any more lawsuitsI have started to see companies terminating reps for stupid reasons and suingthem Wersquove started seeing companies suing each other and wersquore seeing aboatload of whatrsquos been called corporate espionage and tortuous interferenceand if wersquore going to build a community that the critics canrsquot say is a bunch of WildWest gunslingers on the verge of just barely having it rightmdashwhat KevinThompson calls the grey
Do you need professional PDFs Try PDFmyURL
If wersquore going to build a community if wersquore going to build an industry that can beproud we can be proud of then wersquove got to do it right Wersquove got to do it in theblack and that means we work together to do things by best practices even whencompanies may have dropped their drawers because of compliance and shownthe truth I would rather have a company like Wake Up Now or YoungevityHerbaLife or Nu Skinmdashthese publicly traded MLMs right nowmdashthan these guysthat are overhyping everything talking about some list that they are on when I amlooking at other companies that I know have hundreds of millions of dollars andarenrsquot on those lists because they didnrsquot turn their numbers in because they saidthatrsquos not what this is about This is about building something that people can beproud of And if yrsquoall get down to it if you stayed this long to watch this video thenwhether you are a company owner whether you are a vendor whether you arean attorney whether you are a consultant whether you are a distributormdashwe areall on the path headed the same direction We all want financial freedom We allwant to live within this community and have fun together So why donrsquot we go outthere and do that and work to build it up instead of worrying about this fear ofloss and tearing it down Live life like itrsquos an epic adventure Stay dangerous Staystrong and if yoursquore in a network marketing company start acting like it
Sign Up For WakeUpNow
Do you need professional PDFs Try PDFmyURL
Previous Next
TAGS BEACHSIDE CEO TROY DOOLY WAKE UP NOW FINANCIAL STATEMENT WAKEUPNOWWAKEUPNOW FINANCIAL STATEMENT
David Liciaga is a WakeUpNow independent business owner (IBO) who consistentlyranks amongst the top 10 recruiters To date he has brought on more than 1154 peopleto his team single-handedly and provides the tools and training for his teammates toduplicate his success
Author David Liciaga
ABOUT THE DAVID LICIAGA
RELATED POSTS
Do you need professional PDFs Try PDFmyURL
Name (required)
Email (required)
Website
Comment
Post Comment
Notify me of follow-up comments by email
Notify me of new posts by email
Inside Look withWakeUpNow PresidentJason Elrod ndash SeemoreGreen
Pyramid Schemes vs MLMCompanies
The company Wake UpNow ndash Eric Worre will be atthe corporate conference
LEAVE A COMMENT
Do you need professional PDFs Try PDFmyURL
Copyright 2014 David Liciaga Wake Up Now IBO - All Rights Reserved
Contact us
Do you need professional PDFs Try PDFmyURL
put them up here for you guys to watch over on the post But he literally teachesat the University of Utah This is not somebody that just decided to launch anetwork marketing company So when I started looking at the financials I thoughtokay this all lines up with what Kirby has shown me on the whiteboard It lines upwith what their plans are and I thought I donrsquot see a big issue and I would letpeople know no this is not a big issue This is part of a startup This is part of thebusiness
Now when I went and looked at some of the critics blogs it was interesting to mebecause critics do what critics are good at and they look at things through theirworldview and a couple of these critics are hell on wheels when it comes to Ponzischemes and pyramid schemes and they have got their act together But some ofthem just donrsquot like network companies for whatever reason Therersquos one criticout there as a matter of fact Oz over at Behind MLM I swear if him and LynnClements could get together that the two of them are such analytical They onlysee it one way that the two of them could create the perfect network marketingcompany because they are both two peas in a pod I tell ya And Lynn is an insidecritic and Oz is an outside critic but the two of them I swear they could create acompany but I digress down a rabbit trail but one of the things that I want to talkabout is themdashwhat is it that the financials show Now understand I donrsquot know thehistory of all the critics out there but Irsquove got almost 20 years as a series 6 63 and26 broker and ran and had over I think it was around $50 million undermanagement We have looked at financial sheets We have looked at asset sheetsWe have looked at mutual fund prospectuses We have looked at companyprospectuses I was part of a mergers and acquisition firm So we understand alittle bit about numbers and when you look at everything in this financialstatement
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First letrsquos look at the disclosure They made it very clear Look if we keep goingdown this same path we may not be able to be in operation Well yeah you gothrough $8 million putting it into the infrastructure of the company putting it intoresearch and development If that doesnrsquot pay off eventually then guess whatInvestors arenrsquot going to give you any more money Yoursquore going to have to shutyour door Do I think Wake Up Now is even close to that Absolutely not Like Isaid I know what last monthrsquos numbers were I knew what the months before As amatter of fact from October to now I know where they have been so I know thegrowth curve As a matter of fact and I forget whichmdashI downloaded it I forgetwhich page it came off I will have to look but I have got a graph of the Alexa chartthat one of the critics put up Now Alexa is not the best metrics to look at but itrsquosthe free metric so thatrsquos what people look at If you go and you get compete oryou get some of the others you get a better feel but in this one that he did heactually showed something I thought was good He showed the loss factor andthen he showed that their geometric progression as they started decline and hesaid well wait a minute they are still showing a loss here thatrsquos true but theclimb hasnrsquot stopped They have just hit that pinnacle where now theyrsquove gone likethis This is where you start to see the infrastructure the cost the monies therestart to catch up with what the sales are and I think thatrsquos a good deal
Now do we know for sure that they are going to make a profit in 2014 NoAbsolutely not I donrsquot know that and if I did I couldnrsquot share it with you because
Do you need professional PDFs Try PDFmyURL
again they are a publicly traded company and their financials arenrsquot out So wedonrsquot know that but from what I have seen frommdashletrsquos take it back to October of2013 BK Brako had called and said ldquoHey what do you know about this littlecompany because they are just a pain in my buttrdquo And I said ldquoWell whatrsquos thedealrdquo He said ldquoWake Up Nowrdquo I said ldquoDude they are a nice company Theysometimes shoot themselves in the foot you know but they are good guys Theyare not a scam or anything like that They are moving forward Well I donrsquot knowOkay but I knew because one of their products which is the Cyberhood WatchProgram Itrsquos part of the One Security Suite I actually sat on the team that createdthat product Leslie Harrison who is the wife wonderful gal of James Harrisonwho owns Invisys That was her baby That was her mastermind and I wasprivileged enough to sit on that because that was my last network marketingcompany that I built I got out of that in 2009 when the industry shifted and hebecame really a consultant and a vendor to other companies so I am saying ldquonordquothis is good stuff They have got TaxBot in there They have got a languageprogram thatrsquos now owned by Rosetta Stone I mean these are quality productsThey own the code the software code to their daily deal They own all of theirbackend software I said ldquoBK this is a great company you knowrdquo Itrsquos a smallcompany and they need to turn the corner but itrsquos a good company
Sign Up For WakeUpNow
As a matter of fact most of my team from Invisys had gone over there so I knew aDo you need professional PDFs Try PDFmyURL
little bit about the company They werenrsquot a scam but what I saw was BKs hecalls them his YPR I laugh every time I hear that not at BK but that any adult anygeneration X or baby boomer would think that the Millenials are theirs I amraising Millenials right now and they are the most independent kids yoursquove got Sowhen kids are in your company yoursquove got to mentor them Yoursquove got to growthem but they are not yours They could move somewhere at the drop of a hatSo I always laugh when BK says that but all of the young kids the Millenials I sawthem over at World Ventures I saw them at Vitelle before that got soldmdashMotorClub of AmericamdashI see them at Lemu Gary Rasherrsquos got a heck of a team of theseyoung kids over there and the fun thing about Garyrsquos team Itrsquos the same thing Isee at Wake Up Now is he mentors He teaches these kids stay in school pay foryour school get your education you know donrsquot blow through the money thatyoursquore making Itrsquos a good deal hersquos got But you see them all over the place Butthey are very aggressive marketers and thatrsquos what had gotten me into workingwith Wake Up Now is to mentor these kids to sit down and help the companyguide them through becoming entrepreneurs being able to build theirbusinesses teaching them not to go out there and show the bling not to go outthere and flash the cash Donrsquot show the Maseratis and all that because the FTCFederal Trade Commission sees that as enticements and I said look you knowtherersquos no way to disclose that type of stuff in an IDS an income disclosurestatement So you know but theyrsquoll see it that way
So unless yoursquore going to put on those videos and yoursquore going to control all thevideos hey this is not the common amount This is not what people see Hey golook at our IDS I said ldquoYou can get your butt in troublerdquo and I know therersquos a lot ofbig companies on the top 100 list thatrsquos put out by the Direct Selling News thatyou see it you see the checks across stage and you see all that Look people canrun their business however they want to I am just telling you as a consultant thatworks in the compliance works in crisis management works at helping
Do you need professional PDFs Try PDFmyURL
companies start up We teach to be conservative You want your capitalistbusiness You want your entrepreneurialism to grow You donrsquot want to be shutdown by regulators So thatrsquos the kind of work that we do and we looked at thatSo all weekend long is all this stuff started hitting I said you know why is all thishappening Now I just learned a couple of days earlier that a rumor had beenpassed that there could be at least one direct selling CEO that was trying to paycritics to write reports to put up information about Wake Up Now because hewas frustrated that some of his team had left and went to Wake Up Now Youknow rumors are rumors but one thing that I can tell you the reason organizedcrime has nothing to do with direct selling is there is no secret so eventually wersquollget to the bottom of that one too But I realized okay part of this annual reportsince it wasnrsquot a positive set of numbers it could be the critics just grabbed a holdof it through the Google alerts Thatrsquos what we use or it could be that it waspassed off to them and then we started seeing stuff on Facebook We startedseeing emails coming in and text
Sign Up For WakeUpNow
So I knew that it was being passed around and Wake Up Now has been such anunder-the-radar small company it wasnrsquot like people were looking at So you startto realize that therersquos stuff going on Now does it mean that Wake Up Nowshouldnrsquot be you know researched that it shouldnrsquot be looked at No absolutelynot As a matter of fact Tom Schult and I have talked about this I like the fact that
Do you need professional PDFs Try PDFmyURL
Wake Up Now put out their number the same reason he likes the fact thatYoungevity puts out theirs See when you are working with a publicly-traded directselling company Basically you are working with somebody that you can alwayslook at them in their birthday suit Drop their pants they are down around theirknees they are down around their ankles this is what you see take it or leave itbecause all the numbers are there You know so itrsquos easy to see what yoursquove gotYou take a privately-held direct selling company and they can keep their pants upThey can stick big socks in them They can say look how we grow Donrsquot we look sobig and really itrsquos all fake Itrsquos all hype and thatrsquos what the critics actually look at inmost cases so I was a little bit shocked when I saw that some of the critics werereally pounding heavy on Wake Up Now after they had literally put out theirnumbers and they donrsquot hit other companies That was what got me You knowone of the companies thatrsquos really coming on strong right now is FG Express whichis owned by Forever Green and until 2013 Forever Green had not earned a profitat all As a matter of fact their financial statement looked almost exactly like WakeUp Nows and yet none of the critics pounced on that So I could tell therersquosprobably a little bit of something that was there that had caught somebodyrsquos eyebut at the end of the day one of the big things that the critics brought up and Iwant to address that as we shut down on this video Now wersquore going to coverseveral issues that the critics have brought up from income disclosurestatements to Millenials and all that but something I want to hit right now beforewe shut this one down is retail sales I donrsquot know why critics get hit on retail salesbecause none of the regulators do The regulators get focused on sales aboveand beyond the compensation plan Burn Lounge prime example The judge inthat said look therersquos only 1 of sales that were above and beyond or outside thecompensation plan Thatrsquos not enough to be called a direct selling companyFortune High Tech which is I mean the regulators kind of pushed on that oneand then Paul Orbison passed away but they were saying look therersquos notenough sales above and beyond what it takes to qualify in the compensation plan
Do you need professional PDFs Try PDFmyURL
mdashnothing about retail sales
As a matter of fact therersquos very few companies that even allow what we would callretail sales Thatrsquos where the distributor can take and retail the product in theirown shop that they own They can buy extra product and put it in flea marketsand stuff like that Not every company does that Going back to Youngevity for aminute Youngevity is a companymdashyou can take their products You can put themin stores You can actually sell if you can get the products and you can get themat a bulk rate you can sell them and put them into retail establishments Wake UpNow is that way Wake Up Now has a bulk sale deal As a matter of fact I know acountry club in Park City that actually markets their products over there Itrsquos notlike over at VIMA where they have the VIMA Lounge and stuff like this This is anindependent company They tasted the Thunder Energy Drink and now they areselling the Thunder Energy Drink in a country club That happens Now yoursquovealso got companies like Tupperware Watkins and Avon who really are more ofthe party plan side of things but Watkins sells their products in Wal-Mart and inTarget Tupperware tried Targetmdashit didnrsquot work very well for them and Avon hastheir own stores now in malls So thatrsquos retail sales Now a lot of times critics willlook at it and say ldquoWell itrsquos the 70 rulerdquo There is no 70 rule that is built insideof the federal or state codes That goes back to a 1979 hearing where the judgesaid the reason Amway is not a pyramid is because they have a 70 rule At thattime it wasmdashthey used directs They didnrsquot have auto-ships They werenrsquot selling topreferred customers Literally therersquos a guy that went direct He had all theproduct and he was the rep that bought the product from him and what theyhad is that you had to either use up yourself or sell 70 of your product Laterone of the attorneys at the FTC wrote about that For some reason critics talkabout retail sales Thatrsquos not what this is
Sign Up For WakeUpNowDo you need professional PDFs Try PDFmyURL
Here is what I can tell you about Wake Up Now In October when I went to thatcompany they had around 30 employees They had just moved to their brand-newndashI think itrsquos 20000 square foot office In that office now they have a completecustomer service area both national and international They have another set ofteamndashanother team that covers only the distributors They have another teamthat covers only compliance They have gone from 30 to over 200 employeesThatrsquos part of that $8 million is paying for those employees They use metrics ineverything The customer service get paid based onmdashrather they take care of thecustomers The same thing with the IBO team They take care of those Their techteam went from 2-20 because they are building out this brand-new proprietaryback end thatrsquos beautiful and again that team looks at the metrics 24-7 it seemslike Now I donrsquot know if they are there that whole time but I talked to all of theirteam that day and they said in this room theyrsquove got like itrsquos a 120-inch TV wherethey are watching and if the website starts to slowdown they start looking at theweb servers to see if something hung up The only other company I have seentake this much time as a company I ran called Pro Step here in Florida and it wasamazing because our team Curt Hanes his whole crew thatrsquos all they did wasfocus on what it took to make that company run so that the customers and thereps were happy and I see that at Wake Up Now Itrsquos amazing to see what theyrsquovedone But if you guys would go out before you just listen to my stuff before youlisten to a critic go pick up Kirbyrsquos book or better yet go watch the interview that Idid with Kirby where he talks about the pillars of inflection and you start to learn
Do you need professional PDFs Try PDFmyURL
what this company is built on You know I have got to say this and I gomdasha lot ofmy videos I go this way
I talk about what my friend and my mentor Richard Brook said And he saidldquoUnited we stand Divided we fallrdquo Now I donrsquot expect the critics out theremdashI donrsquotcare if itrsquos scamcom realscamcom Behind MLM or any of the other that are outthere I mean therersquos hundreds thousands maybe of people that donrsquot likenetwork marketing donrsquot understand it you know and everything else And thentherersquos the inside critics I donrsquot care aboutmdashherersquos what I care about If we willcome together as a community and work together to make ourselves better tomake it as good as what we see franchising is today then you know what Thecritics wonrsquot have anything to really talk about period Thatrsquos the thing and I amnot seeing that right now As a matter of fact I know that in the case of Wake UpNow at least one CEO I have tried over and over and over to get to sit down withJason and just talk to him about hey yoursquove got conflicts between your youngteams Letrsquos work them out and he hasnrsquot done it Closing this out guys Yoursquovegot to focus on building your business Absolutely if you just look at the numbersat Wake Up Now and you donrsquot at where the company is going and you just wantto write negative blog posts or critical blog posts You know then there is going tobe issues but if you really focus on are they building a platform have they built aplatform that people are using When you look at the fact that the numbers aregoing up you start to see that this is a company thatrsquos starting to turn a cornersimilar to when Amazon turned their corner and you know theyrsquove built into theirbusiness planmdashit would be five years maybe before we show a profit It actuallywas almost six before they built a profit Therersquos many companies that way Ittakes time to build a business
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Many companies if you went and looked yoursquod find in those early years whenrsquos itrsquosin the research and development stages of a company that it takes time It takesenergy to make that work and thatrsquos kind of what yoursquove got here at Wake UpNow Wersquore going to continue to watch it I am going to continue to work withthem I have been amazed at seeing how they fixed their mistakes how theyrsquovestayed true to their word and whatrsquos even more amazing is the culture that theyhave created Those kids that are not as predictable maybe as the pastgenerations Theyrsquove been willing to forgive the mistakes because theyrsquove seen theauthenticity of that team at that corporate office and that team has stayed trueto their word all along the way Wersquore still going to stay on those kids to make surethat they are doing business rightmdashthat they are marketing right and wersquore alsogoing to start looking at some of the other companies and some of the CEOs thatare out there egging on their young team talking about how they are going tobring down certain companies You canrsquot do that and once it goes out there onthe Internet itrsquos public record so wersquore able to show hey this is where theinstigation is coming on and the last thing that I want to see is any more lawsuitsI have started to see companies terminating reps for stupid reasons and suingthem Wersquove started seeing companies suing each other and wersquore seeing aboatload of whatrsquos been called corporate espionage and tortuous interferenceand if wersquore going to build a community that the critics canrsquot say is a bunch of WildWest gunslingers on the verge of just barely having it rightmdashwhat KevinThompson calls the grey
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If wersquore going to build a community if wersquore going to build an industry that can beproud we can be proud of then wersquove got to do it right Wersquove got to do it in theblack and that means we work together to do things by best practices even whencompanies may have dropped their drawers because of compliance and shownthe truth I would rather have a company like Wake Up Now or YoungevityHerbaLife or Nu Skinmdashthese publicly traded MLMs right nowmdashthan these guysthat are overhyping everything talking about some list that they are on when I amlooking at other companies that I know have hundreds of millions of dollars andarenrsquot on those lists because they didnrsquot turn their numbers in because they saidthatrsquos not what this is about This is about building something that people can beproud of And if yrsquoall get down to it if you stayed this long to watch this video thenwhether you are a company owner whether you are a vendor whether you arean attorney whether you are a consultant whether you are a distributormdashwe areall on the path headed the same direction We all want financial freedom We allwant to live within this community and have fun together So why donrsquot we go outthere and do that and work to build it up instead of worrying about this fear ofloss and tearing it down Live life like itrsquos an epic adventure Stay dangerous Staystrong and if yoursquore in a network marketing company start acting like it
Sign Up For WakeUpNow
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Previous Next
TAGS BEACHSIDE CEO TROY DOOLY WAKE UP NOW FINANCIAL STATEMENT WAKEUPNOWWAKEUPNOW FINANCIAL STATEMENT
David Liciaga is a WakeUpNow independent business owner (IBO) who consistentlyranks amongst the top 10 recruiters To date he has brought on more than 1154 peopleto his team single-handedly and provides the tools and training for his teammates toduplicate his success
Author David Liciaga
ABOUT THE DAVID LICIAGA
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Inside Look withWakeUpNow PresidentJason Elrod ndash SeemoreGreen
Pyramid Schemes vs MLMCompanies
The company Wake UpNow ndash Eric Worre will be atthe corporate conference
LEAVE A COMMENT
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Copyright 2014 David Liciaga Wake Up Now IBO - All Rights Reserved
Contact us
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First letrsquos look at the disclosure They made it very clear Look if we keep goingdown this same path we may not be able to be in operation Well yeah you gothrough $8 million putting it into the infrastructure of the company putting it intoresearch and development If that doesnrsquot pay off eventually then guess whatInvestors arenrsquot going to give you any more money Yoursquore going to have to shutyour door Do I think Wake Up Now is even close to that Absolutely not Like Isaid I know what last monthrsquos numbers were I knew what the months before As amatter of fact from October to now I know where they have been so I know thegrowth curve As a matter of fact and I forget whichmdashI downloaded it I forgetwhich page it came off I will have to look but I have got a graph of the Alexa chartthat one of the critics put up Now Alexa is not the best metrics to look at but itrsquosthe free metric so thatrsquos what people look at If you go and you get compete oryou get some of the others you get a better feel but in this one that he did heactually showed something I thought was good He showed the loss factor andthen he showed that their geometric progression as they started decline and hesaid well wait a minute they are still showing a loss here thatrsquos true but theclimb hasnrsquot stopped They have just hit that pinnacle where now theyrsquove gone likethis This is where you start to see the infrastructure the cost the monies therestart to catch up with what the sales are and I think thatrsquos a good deal
Now do we know for sure that they are going to make a profit in 2014 NoAbsolutely not I donrsquot know that and if I did I couldnrsquot share it with you because
Do you need professional PDFs Try PDFmyURL
again they are a publicly traded company and their financials arenrsquot out So wedonrsquot know that but from what I have seen frommdashletrsquos take it back to October of2013 BK Brako had called and said ldquoHey what do you know about this littlecompany because they are just a pain in my buttrdquo And I said ldquoWell whatrsquos thedealrdquo He said ldquoWake Up Nowrdquo I said ldquoDude they are a nice company Theysometimes shoot themselves in the foot you know but they are good guys Theyare not a scam or anything like that They are moving forward Well I donrsquot knowOkay but I knew because one of their products which is the Cyberhood WatchProgram Itrsquos part of the One Security Suite I actually sat on the team that createdthat product Leslie Harrison who is the wife wonderful gal of James Harrisonwho owns Invisys That was her baby That was her mastermind and I wasprivileged enough to sit on that because that was my last network marketingcompany that I built I got out of that in 2009 when the industry shifted and hebecame really a consultant and a vendor to other companies so I am saying ldquonordquothis is good stuff They have got TaxBot in there They have got a languageprogram thatrsquos now owned by Rosetta Stone I mean these are quality productsThey own the code the software code to their daily deal They own all of theirbackend software I said ldquoBK this is a great company you knowrdquo Itrsquos a smallcompany and they need to turn the corner but itrsquos a good company
Sign Up For WakeUpNow
As a matter of fact most of my team from Invisys had gone over there so I knew aDo you need professional PDFs Try PDFmyURL
little bit about the company They werenrsquot a scam but what I saw was BKs hecalls them his YPR I laugh every time I hear that not at BK but that any adult anygeneration X or baby boomer would think that the Millenials are theirs I amraising Millenials right now and they are the most independent kids yoursquove got Sowhen kids are in your company yoursquove got to mentor them Yoursquove got to growthem but they are not yours They could move somewhere at the drop of a hatSo I always laugh when BK says that but all of the young kids the Millenials I sawthem over at World Ventures I saw them at Vitelle before that got soldmdashMotorClub of AmericamdashI see them at Lemu Gary Rasherrsquos got a heck of a team of theseyoung kids over there and the fun thing about Garyrsquos team Itrsquos the same thing Isee at Wake Up Now is he mentors He teaches these kids stay in school pay foryour school get your education you know donrsquot blow through the money thatyoursquore making Itrsquos a good deal hersquos got But you see them all over the place Butthey are very aggressive marketers and thatrsquos what had gotten me into workingwith Wake Up Now is to mentor these kids to sit down and help the companyguide them through becoming entrepreneurs being able to build theirbusinesses teaching them not to go out there and show the bling not to go outthere and flash the cash Donrsquot show the Maseratis and all that because the FTCFederal Trade Commission sees that as enticements and I said look you knowtherersquos no way to disclose that type of stuff in an IDS an income disclosurestatement So you know but theyrsquoll see it that way
So unless yoursquore going to put on those videos and yoursquore going to control all thevideos hey this is not the common amount This is not what people see Hey golook at our IDS I said ldquoYou can get your butt in troublerdquo and I know therersquos a lot ofbig companies on the top 100 list thatrsquos put out by the Direct Selling News thatyou see it you see the checks across stage and you see all that Look people canrun their business however they want to I am just telling you as a consultant thatworks in the compliance works in crisis management works at helping
Do you need professional PDFs Try PDFmyURL
companies start up We teach to be conservative You want your capitalistbusiness You want your entrepreneurialism to grow You donrsquot want to be shutdown by regulators So thatrsquos the kind of work that we do and we looked at thatSo all weekend long is all this stuff started hitting I said you know why is all thishappening Now I just learned a couple of days earlier that a rumor had beenpassed that there could be at least one direct selling CEO that was trying to paycritics to write reports to put up information about Wake Up Now because hewas frustrated that some of his team had left and went to Wake Up Now Youknow rumors are rumors but one thing that I can tell you the reason organizedcrime has nothing to do with direct selling is there is no secret so eventually wersquollget to the bottom of that one too But I realized okay part of this annual reportsince it wasnrsquot a positive set of numbers it could be the critics just grabbed a holdof it through the Google alerts Thatrsquos what we use or it could be that it waspassed off to them and then we started seeing stuff on Facebook We startedseeing emails coming in and text
Sign Up For WakeUpNow
So I knew that it was being passed around and Wake Up Now has been such anunder-the-radar small company it wasnrsquot like people were looking at So you startto realize that therersquos stuff going on Now does it mean that Wake Up Nowshouldnrsquot be you know researched that it shouldnrsquot be looked at No absolutelynot As a matter of fact Tom Schult and I have talked about this I like the fact that
Do you need professional PDFs Try PDFmyURL
Wake Up Now put out their number the same reason he likes the fact thatYoungevity puts out theirs See when you are working with a publicly-traded directselling company Basically you are working with somebody that you can alwayslook at them in their birthday suit Drop their pants they are down around theirknees they are down around their ankles this is what you see take it or leave itbecause all the numbers are there You know so itrsquos easy to see what yoursquove gotYou take a privately-held direct selling company and they can keep their pants upThey can stick big socks in them They can say look how we grow Donrsquot we look sobig and really itrsquos all fake Itrsquos all hype and thatrsquos what the critics actually look at inmost cases so I was a little bit shocked when I saw that some of the critics werereally pounding heavy on Wake Up Now after they had literally put out theirnumbers and they donrsquot hit other companies That was what got me You knowone of the companies thatrsquos really coming on strong right now is FG Express whichis owned by Forever Green and until 2013 Forever Green had not earned a profitat all As a matter of fact their financial statement looked almost exactly like WakeUp Nows and yet none of the critics pounced on that So I could tell therersquosprobably a little bit of something that was there that had caught somebodyrsquos eyebut at the end of the day one of the big things that the critics brought up and Iwant to address that as we shut down on this video Now wersquore going to coverseveral issues that the critics have brought up from income disclosurestatements to Millenials and all that but something I want to hit right now beforewe shut this one down is retail sales I donrsquot know why critics get hit on retail salesbecause none of the regulators do The regulators get focused on sales aboveand beyond the compensation plan Burn Lounge prime example The judge inthat said look therersquos only 1 of sales that were above and beyond or outside thecompensation plan Thatrsquos not enough to be called a direct selling companyFortune High Tech which is I mean the regulators kind of pushed on that oneand then Paul Orbison passed away but they were saying look therersquos notenough sales above and beyond what it takes to qualify in the compensation plan
Do you need professional PDFs Try PDFmyURL
mdashnothing about retail sales
As a matter of fact therersquos very few companies that even allow what we would callretail sales Thatrsquos where the distributor can take and retail the product in theirown shop that they own They can buy extra product and put it in flea marketsand stuff like that Not every company does that Going back to Youngevity for aminute Youngevity is a companymdashyou can take their products You can put themin stores You can actually sell if you can get the products and you can get themat a bulk rate you can sell them and put them into retail establishments Wake UpNow is that way Wake Up Now has a bulk sale deal As a matter of fact I know acountry club in Park City that actually markets their products over there Itrsquos notlike over at VIMA where they have the VIMA Lounge and stuff like this This is anindependent company They tasted the Thunder Energy Drink and now they areselling the Thunder Energy Drink in a country club That happens Now yoursquovealso got companies like Tupperware Watkins and Avon who really are more ofthe party plan side of things but Watkins sells their products in Wal-Mart and inTarget Tupperware tried Targetmdashit didnrsquot work very well for them and Avon hastheir own stores now in malls So thatrsquos retail sales Now a lot of times critics willlook at it and say ldquoWell itrsquos the 70 rulerdquo There is no 70 rule that is built insideof the federal or state codes That goes back to a 1979 hearing where the judgesaid the reason Amway is not a pyramid is because they have a 70 rule At thattime it wasmdashthey used directs They didnrsquot have auto-ships They werenrsquot selling topreferred customers Literally therersquos a guy that went direct He had all theproduct and he was the rep that bought the product from him and what theyhad is that you had to either use up yourself or sell 70 of your product Laterone of the attorneys at the FTC wrote about that For some reason critics talkabout retail sales Thatrsquos not what this is
Sign Up For WakeUpNowDo you need professional PDFs Try PDFmyURL
Here is what I can tell you about Wake Up Now In October when I went to thatcompany they had around 30 employees They had just moved to their brand-newndashI think itrsquos 20000 square foot office In that office now they have a completecustomer service area both national and international They have another set ofteamndashanother team that covers only the distributors They have another teamthat covers only compliance They have gone from 30 to over 200 employeesThatrsquos part of that $8 million is paying for those employees They use metrics ineverything The customer service get paid based onmdashrather they take care of thecustomers The same thing with the IBO team They take care of those Their techteam went from 2-20 because they are building out this brand-new proprietaryback end thatrsquos beautiful and again that team looks at the metrics 24-7 it seemslike Now I donrsquot know if they are there that whole time but I talked to all of theirteam that day and they said in this room theyrsquove got like itrsquos a 120-inch TV wherethey are watching and if the website starts to slowdown they start looking at theweb servers to see if something hung up The only other company I have seentake this much time as a company I ran called Pro Step here in Florida and it wasamazing because our team Curt Hanes his whole crew thatrsquos all they did wasfocus on what it took to make that company run so that the customers and thereps were happy and I see that at Wake Up Now Itrsquos amazing to see what theyrsquovedone But if you guys would go out before you just listen to my stuff before youlisten to a critic go pick up Kirbyrsquos book or better yet go watch the interview that Idid with Kirby where he talks about the pillars of inflection and you start to learn
Do you need professional PDFs Try PDFmyURL
what this company is built on You know I have got to say this and I gomdasha lot ofmy videos I go this way
I talk about what my friend and my mentor Richard Brook said And he saidldquoUnited we stand Divided we fallrdquo Now I donrsquot expect the critics out theremdashI donrsquotcare if itrsquos scamcom realscamcom Behind MLM or any of the other that are outthere I mean therersquos hundreds thousands maybe of people that donrsquot likenetwork marketing donrsquot understand it you know and everything else And thentherersquos the inside critics I donrsquot care aboutmdashherersquos what I care about If we willcome together as a community and work together to make ourselves better tomake it as good as what we see franchising is today then you know what Thecritics wonrsquot have anything to really talk about period Thatrsquos the thing and I amnot seeing that right now As a matter of fact I know that in the case of Wake UpNow at least one CEO I have tried over and over and over to get to sit down withJason and just talk to him about hey yoursquove got conflicts between your youngteams Letrsquos work them out and he hasnrsquot done it Closing this out guys Yoursquovegot to focus on building your business Absolutely if you just look at the numbersat Wake Up Now and you donrsquot at where the company is going and you just wantto write negative blog posts or critical blog posts You know then there is going tobe issues but if you really focus on are they building a platform have they built aplatform that people are using When you look at the fact that the numbers aregoing up you start to see that this is a company thatrsquos starting to turn a cornersimilar to when Amazon turned their corner and you know theyrsquove built into theirbusiness planmdashit would be five years maybe before we show a profit It actuallywas almost six before they built a profit Therersquos many companies that way Ittakes time to build a business
Sign Up For WakeUpNowDo you need professional PDFs Try PDFmyURL
Many companies if you went and looked yoursquod find in those early years whenrsquos itrsquosin the research and development stages of a company that it takes time It takesenergy to make that work and thatrsquos kind of what yoursquove got here at Wake UpNow Wersquore going to continue to watch it I am going to continue to work withthem I have been amazed at seeing how they fixed their mistakes how theyrsquovestayed true to their word and whatrsquos even more amazing is the culture that theyhave created Those kids that are not as predictable maybe as the pastgenerations Theyrsquove been willing to forgive the mistakes because theyrsquove seen theauthenticity of that team at that corporate office and that team has stayed trueto their word all along the way Wersquore still going to stay on those kids to make surethat they are doing business rightmdashthat they are marketing right and wersquore alsogoing to start looking at some of the other companies and some of the CEOs thatare out there egging on their young team talking about how they are going tobring down certain companies You canrsquot do that and once it goes out there onthe Internet itrsquos public record so wersquore able to show hey this is where theinstigation is coming on and the last thing that I want to see is any more lawsuitsI have started to see companies terminating reps for stupid reasons and suingthem Wersquove started seeing companies suing each other and wersquore seeing aboatload of whatrsquos been called corporate espionage and tortuous interferenceand if wersquore going to build a community that the critics canrsquot say is a bunch of WildWest gunslingers on the verge of just barely having it rightmdashwhat KevinThompson calls the grey
Do you need professional PDFs Try PDFmyURL
If wersquore going to build a community if wersquore going to build an industry that can beproud we can be proud of then wersquove got to do it right Wersquove got to do it in theblack and that means we work together to do things by best practices even whencompanies may have dropped their drawers because of compliance and shownthe truth I would rather have a company like Wake Up Now or YoungevityHerbaLife or Nu Skinmdashthese publicly traded MLMs right nowmdashthan these guysthat are overhyping everything talking about some list that they are on when I amlooking at other companies that I know have hundreds of millions of dollars andarenrsquot on those lists because they didnrsquot turn their numbers in because they saidthatrsquos not what this is about This is about building something that people can beproud of And if yrsquoall get down to it if you stayed this long to watch this video thenwhether you are a company owner whether you are a vendor whether you arean attorney whether you are a consultant whether you are a distributormdashwe areall on the path headed the same direction We all want financial freedom We allwant to live within this community and have fun together So why donrsquot we go outthere and do that and work to build it up instead of worrying about this fear ofloss and tearing it down Live life like itrsquos an epic adventure Stay dangerous Staystrong and if yoursquore in a network marketing company start acting like it
Sign Up For WakeUpNow
Do you need professional PDFs Try PDFmyURL
Previous Next
TAGS BEACHSIDE CEO TROY DOOLY WAKE UP NOW FINANCIAL STATEMENT WAKEUPNOWWAKEUPNOW FINANCIAL STATEMENT
David Liciaga is a WakeUpNow independent business owner (IBO) who consistentlyranks amongst the top 10 recruiters To date he has brought on more than 1154 peopleto his team single-handedly and provides the tools and training for his teammates toduplicate his success
Author David Liciaga
ABOUT THE DAVID LICIAGA
RELATED POSTS
Do you need professional PDFs Try PDFmyURL
Name (required)
Email (required)
Website
Comment
Post Comment
Notify me of follow-up comments by email
Notify me of new posts by email
Inside Look withWakeUpNow PresidentJason Elrod ndash SeemoreGreen
Pyramid Schemes vs MLMCompanies
The company Wake UpNow ndash Eric Worre will be atthe corporate conference
LEAVE A COMMENT
Do you need professional PDFs Try PDFmyURL
Copyright 2014 David Liciaga Wake Up Now IBO - All Rights Reserved
Contact us
Do you need professional PDFs Try PDFmyURL
again they are a publicly traded company and their financials arenrsquot out So wedonrsquot know that but from what I have seen frommdashletrsquos take it back to October of2013 BK Brako had called and said ldquoHey what do you know about this littlecompany because they are just a pain in my buttrdquo And I said ldquoWell whatrsquos thedealrdquo He said ldquoWake Up Nowrdquo I said ldquoDude they are a nice company Theysometimes shoot themselves in the foot you know but they are good guys Theyare not a scam or anything like that They are moving forward Well I donrsquot knowOkay but I knew because one of their products which is the Cyberhood WatchProgram Itrsquos part of the One Security Suite I actually sat on the team that createdthat product Leslie Harrison who is the wife wonderful gal of James Harrisonwho owns Invisys That was her baby That was her mastermind and I wasprivileged enough to sit on that because that was my last network marketingcompany that I built I got out of that in 2009 when the industry shifted and hebecame really a consultant and a vendor to other companies so I am saying ldquonordquothis is good stuff They have got TaxBot in there They have got a languageprogram thatrsquos now owned by Rosetta Stone I mean these are quality productsThey own the code the software code to their daily deal They own all of theirbackend software I said ldquoBK this is a great company you knowrdquo Itrsquos a smallcompany and they need to turn the corner but itrsquos a good company
Sign Up For WakeUpNow
As a matter of fact most of my team from Invisys had gone over there so I knew aDo you need professional PDFs Try PDFmyURL
little bit about the company They werenrsquot a scam but what I saw was BKs hecalls them his YPR I laugh every time I hear that not at BK but that any adult anygeneration X or baby boomer would think that the Millenials are theirs I amraising Millenials right now and they are the most independent kids yoursquove got Sowhen kids are in your company yoursquove got to mentor them Yoursquove got to growthem but they are not yours They could move somewhere at the drop of a hatSo I always laugh when BK says that but all of the young kids the Millenials I sawthem over at World Ventures I saw them at Vitelle before that got soldmdashMotorClub of AmericamdashI see them at Lemu Gary Rasherrsquos got a heck of a team of theseyoung kids over there and the fun thing about Garyrsquos team Itrsquos the same thing Isee at Wake Up Now is he mentors He teaches these kids stay in school pay foryour school get your education you know donrsquot blow through the money thatyoursquore making Itrsquos a good deal hersquos got But you see them all over the place Butthey are very aggressive marketers and thatrsquos what had gotten me into workingwith Wake Up Now is to mentor these kids to sit down and help the companyguide them through becoming entrepreneurs being able to build theirbusinesses teaching them not to go out there and show the bling not to go outthere and flash the cash Donrsquot show the Maseratis and all that because the FTCFederal Trade Commission sees that as enticements and I said look you knowtherersquos no way to disclose that type of stuff in an IDS an income disclosurestatement So you know but theyrsquoll see it that way
So unless yoursquore going to put on those videos and yoursquore going to control all thevideos hey this is not the common amount This is not what people see Hey golook at our IDS I said ldquoYou can get your butt in troublerdquo and I know therersquos a lot ofbig companies on the top 100 list thatrsquos put out by the Direct Selling News thatyou see it you see the checks across stage and you see all that Look people canrun their business however they want to I am just telling you as a consultant thatworks in the compliance works in crisis management works at helping
Do you need professional PDFs Try PDFmyURL
companies start up We teach to be conservative You want your capitalistbusiness You want your entrepreneurialism to grow You donrsquot want to be shutdown by regulators So thatrsquos the kind of work that we do and we looked at thatSo all weekend long is all this stuff started hitting I said you know why is all thishappening Now I just learned a couple of days earlier that a rumor had beenpassed that there could be at least one direct selling CEO that was trying to paycritics to write reports to put up information about Wake Up Now because hewas frustrated that some of his team had left and went to Wake Up Now Youknow rumors are rumors but one thing that I can tell you the reason organizedcrime has nothing to do with direct selling is there is no secret so eventually wersquollget to the bottom of that one too But I realized okay part of this annual reportsince it wasnrsquot a positive set of numbers it could be the critics just grabbed a holdof it through the Google alerts Thatrsquos what we use or it could be that it waspassed off to them and then we started seeing stuff on Facebook We startedseeing emails coming in and text
Sign Up For WakeUpNow
So I knew that it was being passed around and Wake Up Now has been such anunder-the-radar small company it wasnrsquot like people were looking at So you startto realize that therersquos stuff going on Now does it mean that Wake Up Nowshouldnrsquot be you know researched that it shouldnrsquot be looked at No absolutelynot As a matter of fact Tom Schult and I have talked about this I like the fact that
Do you need professional PDFs Try PDFmyURL
Wake Up Now put out their number the same reason he likes the fact thatYoungevity puts out theirs See when you are working with a publicly-traded directselling company Basically you are working with somebody that you can alwayslook at them in their birthday suit Drop their pants they are down around theirknees they are down around their ankles this is what you see take it or leave itbecause all the numbers are there You know so itrsquos easy to see what yoursquove gotYou take a privately-held direct selling company and they can keep their pants upThey can stick big socks in them They can say look how we grow Donrsquot we look sobig and really itrsquos all fake Itrsquos all hype and thatrsquos what the critics actually look at inmost cases so I was a little bit shocked when I saw that some of the critics werereally pounding heavy on Wake Up Now after they had literally put out theirnumbers and they donrsquot hit other companies That was what got me You knowone of the companies thatrsquos really coming on strong right now is FG Express whichis owned by Forever Green and until 2013 Forever Green had not earned a profitat all As a matter of fact their financial statement looked almost exactly like WakeUp Nows and yet none of the critics pounced on that So I could tell therersquosprobably a little bit of something that was there that had caught somebodyrsquos eyebut at the end of the day one of the big things that the critics brought up and Iwant to address that as we shut down on this video Now wersquore going to coverseveral issues that the critics have brought up from income disclosurestatements to Millenials and all that but something I want to hit right now beforewe shut this one down is retail sales I donrsquot know why critics get hit on retail salesbecause none of the regulators do The regulators get focused on sales aboveand beyond the compensation plan Burn Lounge prime example The judge inthat said look therersquos only 1 of sales that were above and beyond or outside thecompensation plan Thatrsquos not enough to be called a direct selling companyFortune High Tech which is I mean the regulators kind of pushed on that oneand then Paul Orbison passed away but they were saying look therersquos notenough sales above and beyond what it takes to qualify in the compensation plan
Do you need professional PDFs Try PDFmyURL
mdashnothing about retail sales
As a matter of fact therersquos very few companies that even allow what we would callretail sales Thatrsquos where the distributor can take and retail the product in theirown shop that they own They can buy extra product and put it in flea marketsand stuff like that Not every company does that Going back to Youngevity for aminute Youngevity is a companymdashyou can take their products You can put themin stores You can actually sell if you can get the products and you can get themat a bulk rate you can sell them and put them into retail establishments Wake UpNow is that way Wake Up Now has a bulk sale deal As a matter of fact I know acountry club in Park City that actually markets their products over there Itrsquos notlike over at VIMA where they have the VIMA Lounge and stuff like this This is anindependent company They tasted the Thunder Energy Drink and now they areselling the Thunder Energy Drink in a country club That happens Now yoursquovealso got companies like Tupperware Watkins and Avon who really are more ofthe party plan side of things but Watkins sells their products in Wal-Mart and inTarget Tupperware tried Targetmdashit didnrsquot work very well for them and Avon hastheir own stores now in malls So thatrsquos retail sales Now a lot of times critics willlook at it and say ldquoWell itrsquos the 70 rulerdquo There is no 70 rule that is built insideof the federal or state codes That goes back to a 1979 hearing where the judgesaid the reason Amway is not a pyramid is because they have a 70 rule At thattime it wasmdashthey used directs They didnrsquot have auto-ships They werenrsquot selling topreferred customers Literally therersquos a guy that went direct He had all theproduct and he was the rep that bought the product from him and what theyhad is that you had to either use up yourself or sell 70 of your product Laterone of the attorneys at the FTC wrote about that For some reason critics talkabout retail sales Thatrsquos not what this is
Sign Up For WakeUpNowDo you need professional PDFs Try PDFmyURL
Here is what I can tell you about Wake Up Now In October when I went to thatcompany they had around 30 employees They had just moved to their brand-newndashI think itrsquos 20000 square foot office In that office now they have a completecustomer service area both national and international They have another set ofteamndashanother team that covers only the distributors They have another teamthat covers only compliance They have gone from 30 to over 200 employeesThatrsquos part of that $8 million is paying for those employees They use metrics ineverything The customer service get paid based onmdashrather they take care of thecustomers The same thing with the IBO team They take care of those Their techteam went from 2-20 because they are building out this brand-new proprietaryback end thatrsquos beautiful and again that team looks at the metrics 24-7 it seemslike Now I donrsquot know if they are there that whole time but I talked to all of theirteam that day and they said in this room theyrsquove got like itrsquos a 120-inch TV wherethey are watching and if the website starts to slowdown they start looking at theweb servers to see if something hung up The only other company I have seentake this much time as a company I ran called Pro Step here in Florida and it wasamazing because our team Curt Hanes his whole crew thatrsquos all they did wasfocus on what it took to make that company run so that the customers and thereps were happy and I see that at Wake Up Now Itrsquos amazing to see what theyrsquovedone But if you guys would go out before you just listen to my stuff before youlisten to a critic go pick up Kirbyrsquos book or better yet go watch the interview that Idid with Kirby where he talks about the pillars of inflection and you start to learn
Do you need professional PDFs Try PDFmyURL
what this company is built on You know I have got to say this and I gomdasha lot ofmy videos I go this way
I talk about what my friend and my mentor Richard Brook said And he saidldquoUnited we stand Divided we fallrdquo Now I donrsquot expect the critics out theremdashI donrsquotcare if itrsquos scamcom realscamcom Behind MLM or any of the other that are outthere I mean therersquos hundreds thousands maybe of people that donrsquot likenetwork marketing donrsquot understand it you know and everything else And thentherersquos the inside critics I donrsquot care aboutmdashherersquos what I care about If we willcome together as a community and work together to make ourselves better tomake it as good as what we see franchising is today then you know what Thecritics wonrsquot have anything to really talk about period Thatrsquos the thing and I amnot seeing that right now As a matter of fact I know that in the case of Wake UpNow at least one CEO I have tried over and over and over to get to sit down withJason and just talk to him about hey yoursquove got conflicts between your youngteams Letrsquos work them out and he hasnrsquot done it Closing this out guys Yoursquovegot to focus on building your business Absolutely if you just look at the numbersat Wake Up Now and you donrsquot at where the company is going and you just wantto write negative blog posts or critical blog posts You know then there is going tobe issues but if you really focus on are they building a platform have they built aplatform that people are using When you look at the fact that the numbers aregoing up you start to see that this is a company thatrsquos starting to turn a cornersimilar to when Amazon turned their corner and you know theyrsquove built into theirbusiness planmdashit would be five years maybe before we show a profit It actuallywas almost six before they built a profit Therersquos many companies that way Ittakes time to build a business
Sign Up For WakeUpNowDo you need professional PDFs Try PDFmyURL
Many companies if you went and looked yoursquod find in those early years whenrsquos itrsquosin the research and development stages of a company that it takes time It takesenergy to make that work and thatrsquos kind of what yoursquove got here at Wake UpNow Wersquore going to continue to watch it I am going to continue to work withthem I have been amazed at seeing how they fixed their mistakes how theyrsquovestayed true to their word and whatrsquos even more amazing is the culture that theyhave created Those kids that are not as predictable maybe as the pastgenerations Theyrsquove been willing to forgive the mistakes because theyrsquove seen theauthenticity of that team at that corporate office and that team has stayed trueto their word all along the way Wersquore still going to stay on those kids to make surethat they are doing business rightmdashthat they are marketing right and wersquore alsogoing to start looking at some of the other companies and some of the CEOs thatare out there egging on their young team talking about how they are going tobring down certain companies You canrsquot do that and once it goes out there onthe Internet itrsquos public record so wersquore able to show hey this is where theinstigation is coming on and the last thing that I want to see is any more lawsuitsI have started to see companies terminating reps for stupid reasons and suingthem Wersquove started seeing companies suing each other and wersquore seeing aboatload of whatrsquos been called corporate espionage and tortuous interferenceand if wersquore going to build a community that the critics canrsquot say is a bunch of WildWest gunslingers on the verge of just barely having it rightmdashwhat KevinThompson calls the grey
Do you need professional PDFs Try PDFmyURL
If wersquore going to build a community if wersquore going to build an industry that can beproud we can be proud of then wersquove got to do it right Wersquove got to do it in theblack and that means we work together to do things by best practices even whencompanies may have dropped their drawers because of compliance and shownthe truth I would rather have a company like Wake Up Now or YoungevityHerbaLife or Nu Skinmdashthese publicly traded MLMs right nowmdashthan these guysthat are overhyping everything talking about some list that they are on when I amlooking at other companies that I know have hundreds of millions of dollars andarenrsquot on those lists because they didnrsquot turn their numbers in because they saidthatrsquos not what this is about This is about building something that people can beproud of And if yrsquoall get down to it if you stayed this long to watch this video thenwhether you are a company owner whether you are a vendor whether you arean attorney whether you are a consultant whether you are a distributormdashwe areall on the path headed the same direction We all want financial freedom We allwant to live within this community and have fun together So why donrsquot we go outthere and do that and work to build it up instead of worrying about this fear ofloss and tearing it down Live life like itrsquos an epic adventure Stay dangerous Staystrong and if yoursquore in a network marketing company start acting like it
Sign Up For WakeUpNow
Do you need professional PDFs Try PDFmyURL
Previous Next
TAGS BEACHSIDE CEO TROY DOOLY WAKE UP NOW FINANCIAL STATEMENT WAKEUPNOWWAKEUPNOW FINANCIAL STATEMENT
David Liciaga is a WakeUpNow independent business owner (IBO) who consistentlyranks amongst the top 10 recruiters To date he has brought on more than 1154 peopleto his team single-handedly and provides the tools and training for his teammates toduplicate his success
Author David Liciaga
ABOUT THE DAVID LICIAGA
RELATED POSTS
Do you need professional PDFs Try PDFmyURL
Name (required)
Email (required)
Website
Comment
Post Comment
Notify me of follow-up comments by email
Notify me of new posts by email
Inside Look withWakeUpNow PresidentJason Elrod ndash SeemoreGreen
Pyramid Schemes vs MLMCompanies
The company Wake UpNow ndash Eric Worre will be atthe corporate conference
LEAVE A COMMENT
Do you need professional PDFs Try PDFmyURL
Copyright 2014 David Liciaga Wake Up Now IBO - All Rights Reserved
Contact us
Do you need professional PDFs Try PDFmyURL
little bit about the company They werenrsquot a scam but what I saw was BKs hecalls them his YPR I laugh every time I hear that not at BK but that any adult anygeneration X or baby boomer would think that the Millenials are theirs I amraising Millenials right now and they are the most independent kids yoursquove got Sowhen kids are in your company yoursquove got to mentor them Yoursquove got to growthem but they are not yours They could move somewhere at the drop of a hatSo I always laugh when BK says that but all of the young kids the Millenials I sawthem over at World Ventures I saw them at Vitelle before that got soldmdashMotorClub of AmericamdashI see them at Lemu Gary Rasherrsquos got a heck of a team of theseyoung kids over there and the fun thing about Garyrsquos team Itrsquos the same thing Isee at Wake Up Now is he mentors He teaches these kids stay in school pay foryour school get your education you know donrsquot blow through the money thatyoursquore making Itrsquos a good deal hersquos got But you see them all over the place Butthey are very aggressive marketers and thatrsquos what had gotten me into workingwith Wake Up Now is to mentor these kids to sit down and help the companyguide them through becoming entrepreneurs being able to build theirbusinesses teaching them not to go out there and show the bling not to go outthere and flash the cash Donrsquot show the Maseratis and all that because the FTCFederal Trade Commission sees that as enticements and I said look you knowtherersquos no way to disclose that type of stuff in an IDS an income disclosurestatement So you know but theyrsquoll see it that way
So unless yoursquore going to put on those videos and yoursquore going to control all thevideos hey this is not the common amount This is not what people see Hey golook at our IDS I said ldquoYou can get your butt in troublerdquo and I know therersquos a lot ofbig companies on the top 100 list thatrsquos put out by the Direct Selling News thatyou see it you see the checks across stage and you see all that Look people canrun their business however they want to I am just telling you as a consultant thatworks in the compliance works in crisis management works at helping
Do you need professional PDFs Try PDFmyURL
companies start up We teach to be conservative You want your capitalistbusiness You want your entrepreneurialism to grow You donrsquot want to be shutdown by regulators So thatrsquos the kind of work that we do and we looked at thatSo all weekend long is all this stuff started hitting I said you know why is all thishappening Now I just learned a couple of days earlier that a rumor had beenpassed that there could be at least one direct selling CEO that was trying to paycritics to write reports to put up information about Wake Up Now because hewas frustrated that some of his team had left and went to Wake Up Now Youknow rumors are rumors but one thing that I can tell you the reason organizedcrime has nothing to do with direct selling is there is no secret so eventually wersquollget to the bottom of that one too But I realized okay part of this annual reportsince it wasnrsquot a positive set of numbers it could be the critics just grabbed a holdof it through the Google alerts Thatrsquos what we use or it could be that it waspassed off to them and then we started seeing stuff on Facebook We startedseeing emails coming in and text
Sign Up For WakeUpNow
So I knew that it was being passed around and Wake Up Now has been such anunder-the-radar small company it wasnrsquot like people were looking at So you startto realize that therersquos stuff going on Now does it mean that Wake Up Nowshouldnrsquot be you know researched that it shouldnrsquot be looked at No absolutelynot As a matter of fact Tom Schult and I have talked about this I like the fact that
Do you need professional PDFs Try PDFmyURL
Wake Up Now put out their number the same reason he likes the fact thatYoungevity puts out theirs See when you are working with a publicly-traded directselling company Basically you are working with somebody that you can alwayslook at them in their birthday suit Drop their pants they are down around theirknees they are down around their ankles this is what you see take it or leave itbecause all the numbers are there You know so itrsquos easy to see what yoursquove gotYou take a privately-held direct selling company and they can keep their pants upThey can stick big socks in them They can say look how we grow Donrsquot we look sobig and really itrsquos all fake Itrsquos all hype and thatrsquos what the critics actually look at inmost cases so I was a little bit shocked when I saw that some of the critics werereally pounding heavy on Wake Up Now after they had literally put out theirnumbers and they donrsquot hit other companies That was what got me You knowone of the companies thatrsquos really coming on strong right now is FG Express whichis owned by Forever Green and until 2013 Forever Green had not earned a profitat all As a matter of fact their financial statement looked almost exactly like WakeUp Nows and yet none of the critics pounced on that So I could tell therersquosprobably a little bit of something that was there that had caught somebodyrsquos eyebut at the end of the day one of the big things that the critics brought up and Iwant to address that as we shut down on this video Now wersquore going to coverseveral issues that the critics have brought up from income disclosurestatements to Millenials and all that but something I want to hit right now beforewe shut this one down is retail sales I donrsquot know why critics get hit on retail salesbecause none of the regulators do The regulators get focused on sales aboveand beyond the compensation plan Burn Lounge prime example The judge inthat said look therersquos only 1 of sales that were above and beyond or outside thecompensation plan Thatrsquos not enough to be called a direct selling companyFortune High Tech which is I mean the regulators kind of pushed on that oneand then Paul Orbison passed away but they were saying look therersquos notenough sales above and beyond what it takes to qualify in the compensation plan
Do you need professional PDFs Try PDFmyURL
mdashnothing about retail sales
As a matter of fact therersquos very few companies that even allow what we would callretail sales Thatrsquos where the distributor can take and retail the product in theirown shop that they own They can buy extra product and put it in flea marketsand stuff like that Not every company does that Going back to Youngevity for aminute Youngevity is a companymdashyou can take their products You can put themin stores You can actually sell if you can get the products and you can get themat a bulk rate you can sell them and put them into retail establishments Wake UpNow is that way Wake Up Now has a bulk sale deal As a matter of fact I know acountry club in Park City that actually markets their products over there Itrsquos notlike over at VIMA where they have the VIMA Lounge and stuff like this This is anindependent company They tasted the Thunder Energy Drink and now they areselling the Thunder Energy Drink in a country club That happens Now yoursquovealso got companies like Tupperware Watkins and Avon who really are more ofthe party plan side of things but Watkins sells their products in Wal-Mart and inTarget Tupperware tried Targetmdashit didnrsquot work very well for them and Avon hastheir own stores now in malls So thatrsquos retail sales Now a lot of times critics willlook at it and say ldquoWell itrsquos the 70 rulerdquo There is no 70 rule that is built insideof the federal or state codes That goes back to a 1979 hearing where the judgesaid the reason Amway is not a pyramid is because they have a 70 rule At thattime it wasmdashthey used directs They didnrsquot have auto-ships They werenrsquot selling topreferred customers Literally therersquos a guy that went direct He had all theproduct and he was the rep that bought the product from him and what theyhad is that you had to either use up yourself or sell 70 of your product Laterone of the attorneys at the FTC wrote about that For some reason critics talkabout retail sales Thatrsquos not what this is
Sign Up For WakeUpNowDo you need professional PDFs Try PDFmyURL
Here is what I can tell you about Wake Up Now In October when I went to thatcompany they had around 30 employees They had just moved to their brand-newndashI think itrsquos 20000 square foot office In that office now they have a completecustomer service area both national and international They have another set ofteamndashanother team that covers only the distributors They have another teamthat covers only compliance They have gone from 30 to over 200 employeesThatrsquos part of that $8 million is paying for those employees They use metrics ineverything The customer service get paid based onmdashrather they take care of thecustomers The same thing with the IBO team They take care of those Their techteam went from 2-20 because they are building out this brand-new proprietaryback end thatrsquos beautiful and again that team looks at the metrics 24-7 it seemslike Now I donrsquot know if they are there that whole time but I talked to all of theirteam that day and they said in this room theyrsquove got like itrsquos a 120-inch TV wherethey are watching and if the website starts to slowdown they start looking at theweb servers to see if something hung up The only other company I have seentake this much time as a company I ran called Pro Step here in Florida and it wasamazing because our team Curt Hanes his whole crew thatrsquos all they did wasfocus on what it took to make that company run so that the customers and thereps were happy and I see that at Wake Up Now Itrsquos amazing to see what theyrsquovedone But if you guys would go out before you just listen to my stuff before youlisten to a critic go pick up Kirbyrsquos book or better yet go watch the interview that Idid with Kirby where he talks about the pillars of inflection and you start to learn
Do you need professional PDFs Try PDFmyURL
what this company is built on You know I have got to say this and I gomdasha lot ofmy videos I go this way
I talk about what my friend and my mentor Richard Brook said And he saidldquoUnited we stand Divided we fallrdquo Now I donrsquot expect the critics out theremdashI donrsquotcare if itrsquos scamcom realscamcom Behind MLM or any of the other that are outthere I mean therersquos hundreds thousands maybe of people that donrsquot likenetwork marketing donrsquot understand it you know and everything else And thentherersquos the inside critics I donrsquot care aboutmdashherersquos what I care about If we willcome together as a community and work together to make ourselves better tomake it as good as what we see franchising is today then you know what Thecritics wonrsquot have anything to really talk about period Thatrsquos the thing and I amnot seeing that right now As a matter of fact I know that in the case of Wake UpNow at least one CEO I have tried over and over and over to get to sit down withJason and just talk to him about hey yoursquove got conflicts between your youngteams Letrsquos work them out and he hasnrsquot done it Closing this out guys Yoursquovegot to focus on building your business Absolutely if you just look at the numbersat Wake Up Now and you donrsquot at where the company is going and you just wantto write negative blog posts or critical blog posts You know then there is going tobe issues but if you really focus on are they building a platform have they built aplatform that people are using When you look at the fact that the numbers aregoing up you start to see that this is a company thatrsquos starting to turn a cornersimilar to when Amazon turned their corner and you know theyrsquove built into theirbusiness planmdashit would be five years maybe before we show a profit It actuallywas almost six before they built a profit Therersquos many companies that way Ittakes time to build a business
Sign Up For WakeUpNowDo you need professional PDFs Try PDFmyURL
Many companies if you went and looked yoursquod find in those early years whenrsquos itrsquosin the research and development stages of a company that it takes time It takesenergy to make that work and thatrsquos kind of what yoursquove got here at Wake UpNow Wersquore going to continue to watch it I am going to continue to work withthem I have been amazed at seeing how they fixed their mistakes how theyrsquovestayed true to their word and whatrsquos even more amazing is the culture that theyhave created Those kids that are not as predictable maybe as the pastgenerations Theyrsquove been willing to forgive the mistakes because theyrsquove seen theauthenticity of that team at that corporate office and that team has stayed trueto their word all along the way Wersquore still going to stay on those kids to make surethat they are doing business rightmdashthat they are marketing right and wersquore alsogoing to start looking at some of the other companies and some of the CEOs thatare out there egging on their young team talking about how they are going tobring down certain companies You canrsquot do that and once it goes out there onthe Internet itrsquos public record so wersquore able to show hey this is where theinstigation is coming on and the last thing that I want to see is any more lawsuitsI have started to see companies terminating reps for stupid reasons and suingthem Wersquove started seeing companies suing each other and wersquore seeing aboatload of whatrsquos been called corporate espionage and tortuous interferenceand if wersquore going to build a community that the critics canrsquot say is a bunch of WildWest gunslingers on the verge of just barely having it rightmdashwhat KevinThompson calls the grey
Do you need professional PDFs Try PDFmyURL
If wersquore going to build a community if wersquore going to build an industry that can beproud we can be proud of then wersquove got to do it right Wersquove got to do it in theblack and that means we work together to do things by best practices even whencompanies may have dropped their drawers because of compliance and shownthe truth I would rather have a company like Wake Up Now or YoungevityHerbaLife or Nu Skinmdashthese publicly traded MLMs right nowmdashthan these guysthat are overhyping everything talking about some list that they are on when I amlooking at other companies that I know have hundreds of millions of dollars andarenrsquot on those lists because they didnrsquot turn their numbers in because they saidthatrsquos not what this is about This is about building something that people can beproud of And if yrsquoall get down to it if you stayed this long to watch this video thenwhether you are a company owner whether you are a vendor whether you arean attorney whether you are a consultant whether you are a distributormdashwe areall on the path headed the same direction We all want financial freedom We allwant to live within this community and have fun together So why donrsquot we go outthere and do that and work to build it up instead of worrying about this fear ofloss and tearing it down Live life like itrsquos an epic adventure Stay dangerous Staystrong and if yoursquore in a network marketing company start acting like it
Sign Up For WakeUpNow
Do you need professional PDFs Try PDFmyURL
Previous Next
TAGS BEACHSIDE CEO TROY DOOLY WAKE UP NOW FINANCIAL STATEMENT WAKEUPNOWWAKEUPNOW FINANCIAL STATEMENT
David Liciaga is a WakeUpNow independent business owner (IBO) who consistentlyranks amongst the top 10 recruiters To date he has brought on more than 1154 peopleto his team single-handedly and provides the tools and training for his teammates toduplicate his success
Author David Liciaga
ABOUT THE DAVID LICIAGA
RELATED POSTS
Do you need professional PDFs Try PDFmyURL
Name (required)
Email (required)
Website
Comment
Post Comment
Notify me of follow-up comments by email
Notify me of new posts by email
Inside Look withWakeUpNow PresidentJason Elrod ndash SeemoreGreen
Pyramid Schemes vs MLMCompanies
The company Wake UpNow ndash Eric Worre will be atthe corporate conference
LEAVE A COMMENT
Do you need professional PDFs Try PDFmyURL
Copyright 2014 David Liciaga Wake Up Now IBO - All Rights Reserved
Contact us
Do you need professional PDFs Try PDFmyURL
companies start up We teach to be conservative You want your capitalistbusiness You want your entrepreneurialism to grow You donrsquot want to be shutdown by regulators So thatrsquos the kind of work that we do and we looked at thatSo all weekend long is all this stuff started hitting I said you know why is all thishappening Now I just learned a couple of days earlier that a rumor had beenpassed that there could be at least one direct selling CEO that was trying to paycritics to write reports to put up information about Wake Up Now because hewas frustrated that some of his team had left and went to Wake Up Now Youknow rumors are rumors but one thing that I can tell you the reason organizedcrime has nothing to do with direct selling is there is no secret so eventually wersquollget to the bottom of that one too But I realized okay part of this annual reportsince it wasnrsquot a positive set of numbers it could be the critics just grabbed a holdof it through the Google alerts Thatrsquos what we use or it could be that it waspassed off to them and then we started seeing stuff on Facebook We startedseeing emails coming in and text
Sign Up For WakeUpNow
So I knew that it was being passed around and Wake Up Now has been such anunder-the-radar small company it wasnrsquot like people were looking at So you startto realize that therersquos stuff going on Now does it mean that Wake Up Nowshouldnrsquot be you know researched that it shouldnrsquot be looked at No absolutelynot As a matter of fact Tom Schult and I have talked about this I like the fact that
Do you need professional PDFs Try PDFmyURL
Wake Up Now put out their number the same reason he likes the fact thatYoungevity puts out theirs See when you are working with a publicly-traded directselling company Basically you are working with somebody that you can alwayslook at them in their birthday suit Drop their pants they are down around theirknees they are down around their ankles this is what you see take it or leave itbecause all the numbers are there You know so itrsquos easy to see what yoursquove gotYou take a privately-held direct selling company and they can keep their pants upThey can stick big socks in them They can say look how we grow Donrsquot we look sobig and really itrsquos all fake Itrsquos all hype and thatrsquos what the critics actually look at inmost cases so I was a little bit shocked when I saw that some of the critics werereally pounding heavy on Wake Up Now after they had literally put out theirnumbers and they donrsquot hit other companies That was what got me You knowone of the companies thatrsquos really coming on strong right now is FG Express whichis owned by Forever Green and until 2013 Forever Green had not earned a profitat all As a matter of fact their financial statement looked almost exactly like WakeUp Nows and yet none of the critics pounced on that So I could tell therersquosprobably a little bit of something that was there that had caught somebodyrsquos eyebut at the end of the day one of the big things that the critics brought up and Iwant to address that as we shut down on this video Now wersquore going to coverseveral issues that the critics have brought up from income disclosurestatements to Millenials and all that but something I want to hit right now beforewe shut this one down is retail sales I donrsquot know why critics get hit on retail salesbecause none of the regulators do The regulators get focused on sales aboveand beyond the compensation plan Burn Lounge prime example The judge inthat said look therersquos only 1 of sales that were above and beyond or outside thecompensation plan Thatrsquos not enough to be called a direct selling companyFortune High Tech which is I mean the regulators kind of pushed on that oneand then Paul Orbison passed away but they were saying look therersquos notenough sales above and beyond what it takes to qualify in the compensation plan
Do you need professional PDFs Try PDFmyURL
mdashnothing about retail sales
As a matter of fact therersquos very few companies that even allow what we would callretail sales Thatrsquos where the distributor can take and retail the product in theirown shop that they own They can buy extra product and put it in flea marketsand stuff like that Not every company does that Going back to Youngevity for aminute Youngevity is a companymdashyou can take their products You can put themin stores You can actually sell if you can get the products and you can get themat a bulk rate you can sell them and put them into retail establishments Wake UpNow is that way Wake Up Now has a bulk sale deal As a matter of fact I know acountry club in Park City that actually markets their products over there Itrsquos notlike over at VIMA where they have the VIMA Lounge and stuff like this This is anindependent company They tasted the Thunder Energy Drink and now they areselling the Thunder Energy Drink in a country club That happens Now yoursquovealso got companies like Tupperware Watkins and Avon who really are more ofthe party plan side of things but Watkins sells their products in Wal-Mart and inTarget Tupperware tried Targetmdashit didnrsquot work very well for them and Avon hastheir own stores now in malls So thatrsquos retail sales Now a lot of times critics willlook at it and say ldquoWell itrsquos the 70 rulerdquo There is no 70 rule that is built insideof the federal or state codes That goes back to a 1979 hearing where the judgesaid the reason Amway is not a pyramid is because they have a 70 rule At thattime it wasmdashthey used directs They didnrsquot have auto-ships They werenrsquot selling topreferred customers Literally therersquos a guy that went direct He had all theproduct and he was the rep that bought the product from him and what theyhad is that you had to either use up yourself or sell 70 of your product Laterone of the attorneys at the FTC wrote about that For some reason critics talkabout retail sales Thatrsquos not what this is
Sign Up For WakeUpNowDo you need professional PDFs Try PDFmyURL
Here is what I can tell you about Wake Up Now In October when I went to thatcompany they had around 30 employees They had just moved to their brand-newndashI think itrsquos 20000 square foot office In that office now they have a completecustomer service area both national and international They have another set ofteamndashanother team that covers only the distributors They have another teamthat covers only compliance They have gone from 30 to over 200 employeesThatrsquos part of that $8 million is paying for those employees They use metrics ineverything The customer service get paid based onmdashrather they take care of thecustomers The same thing with the IBO team They take care of those Their techteam went from 2-20 because they are building out this brand-new proprietaryback end thatrsquos beautiful and again that team looks at the metrics 24-7 it seemslike Now I donrsquot know if they are there that whole time but I talked to all of theirteam that day and they said in this room theyrsquove got like itrsquos a 120-inch TV wherethey are watching and if the website starts to slowdown they start looking at theweb servers to see if something hung up The only other company I have seentake this much time as a company I ran called Pro Step here in Florida and it wasamazing because our team Curt Hanes his whole crew thatrsquos all they did wasfocus on what it took to make that company run so that the customers and thereps were happy and I see that at Wake Up Now Itrsquos amazing to see what theyrsquovedone But if you guys would go out before you just listen to my stuff before youlisten to a critic go pick up Kirbyrsquos book or better yet go watch the interview that Idid with Kirby where he talks about the pillars of inflection and you start to learn
Do you need professional PDFs Try PDFmyURL
what this company is built on You know I have got to say this and I gomdasha lot ofmy videos I go this way
I talk about what my friend and my mentor Richard Brook said And he saidldquoUnited we stand Divided we fallrdquo Now I donrsquot expect the critics out theremdashI donrsquotcare if itrsquos scamcom realscamcom Behind MLM or any of the other that are outthere I mean therersquos hundreds thousands maybe of people that donrsquot likenetwork marketing donrsquot understand it you know and everything else And thentherersquos the inside critics I donrsquot care aboutmdashherersquos what I care about If we willcome together as a community and work together to make ourselves better tomake it as good as what we see franchising is today then you know what Thecritics wonrsquot have anything to really talk about period Thatrsquos the thing and I amnot seeing that right now As a matter of fact I know that in the case of Wake UpNow at least one CEO I have tried over and over and over to get to sit down withJason and just talk to him about hey yoursquove got conflicts between your youngteams Letrsquos work them out and he hasnrsquot done it Closing this out guys Yoursquovegot to focus on building your business Absolutely if you just look at the numbersat Wake Up Now and you donrsquot at where the company is going and you just wantto write negative blog posts or critical blog posts You know then there is going tobe issues but if you really focus on are they building a platform have they built aplatform that people are using When you look at the fact that the numbers aregoing up you start to see that this is a company thatrsquos starting to turn a cornersimilar to when Amazon turned their corner and you know theyrsquove built into theirbusiness planmdashit would be five years maybe before we show a profit It actuallywas almost six before they built a profit Therersquos many companies that way Ittakes time to build a business
Sign Up For WakeUpNowDo you need professional PDFs Try PDFmyURL
Many companies if you went and looked yoursquod find in those early years whenrsquos itrsquosin the research and development stages of a company that it takes time It takesenergy to make that work and thatrsquos kind of what yoursquove got here at Wake UpNow Wersquore going to continue to watch it I am going to continue to work withthem I have been amazed at seeing how they fixed their mistakes how theyrsquovestayed true to their word and whatrsquos even more amazing is the culture that theyhave created Those kids that are not as predictable maybe as the pastgenerations Theyrsquove been willing to forgive the mistakes because theyrsquove seen theauthenticity of that team at that corporate office and that team has stayed trueto their word all along the way Wersquore still going to stay on those kids to make surethat they are doing business rightmdashthat they are marketing right and wersquore alsogoing to start looking at some of the other companies and some of the CEOs thatare out there egging on their young team talking about how they are going tobring down certain companies You canrsquot do that and once it goes out there onthe Internet itrsquos public record so wersquore able to show hey this is where theinstigation is coming on and the last thing that I want to see is any more lawsuitsI have started to see companies terminating reps for stupid reasons and suingthem Wersquove started seeing companies suing each other and wersquore seeing aboatload of whatrsquos been called corporate espionage and tortuous interferenceand if wersquore going to build a community that the critics canrsquot say is a bunch of WildWest gunslingers on the verge of just barely having it rightmdashwhat KevinThompson calls the grey
Do you need professional PDFs Try PDFmyURL
If wersquore going to build a community if wersquore going to build an industry that can beproud we can be proud of then wersquove got to do it right Wersquove got to do it in theblack and that means we work together to do things by best practices even whencompanies may have dropped their drawers because of compliance and shownthe truth I would rather have a company like Wake Up Now or YoungevityHerbaLife or Nu Skinmdashthese publicly traded MLMs right nowmdashthan these guysthat are overhyping everything talking about some list that they are on when I amlooking at other companies that I know have hundreds of millions of dollars andarenrsquot on those lists because they didnrsquot turn their numbers in because they saidthatrsquos not what this is about This is about building something that people can beproud of And if yrsquoall get down to it if you stayed this long to watch this video thenwhether you are a company owner whether you are a vendor whether you arean attorney whether you are a consultant whether you are a distributormdashwe areall on the path headed the same direction We all want financial freedom We allwant to live within this community and have fun together So why donrsquot we go outthere and do that and work to build it up instead of worrying about this fear ofloss and tearing it down Live life like itrsquos an epic adventure Stay dangerous Staystrong and if yoursquore in a network marketing company start acting like it
Sign Up For WakeUpNow
Do you need professional PDFs Try PDFmyURL
Previous Next
TAGS BEACHSIDE CEO TROY DOOLY WAKE UP NOW FINANCIAL STATEMENT WAKEUPNOWWAKEUPNOW FINANCIAL STATEMENT
David Liciaga is a WakeUpNow independent business owner (IBO) who consistentlyranks amongst the top 10 recruiters To date he has brought on more than 1154 peopleto his team single-handedly and provides the tools and training for his teammates toduplicate his success
Author David Liciaga
ABOUT THE DAVID LICIAGA
RELATED POSTS
Do you need professional PDFs Try PDFmyURL
Name (required)
Email (required)
Website
Comment
Post Comment
Notify me of follow-up comments by email
Notify me of new posts by email
Inside Look withWakeUpNow PresidentJason Elrod ndash SeemoreGreen
Pyramid Schemes vs MLMCompanies
The company Wake UpNow ndash Eric Worre will be atthe corporate conference
LEAVE A COMMENT
Do you need professional PDFs Try PDFmyURL
Copyright 2014 David Liciaga Wake Up Now IBO - All Rights Reserved
Contact us
Do you need professional PDFs Try PDFmyURL
Wake Up Now put out their number the same reason he likes the fact thatYoungevity puts out theirs See when you are working with a publicly-traded directselling company Basically you are working with somebody that you can alwayslook at them in their birthday suit Drop their pants they are down around theirknees they are down around their ankles this is what you see take it or leave itbecause all the numbers are there You know so itrsquos easy to see what yoursquove gotYou take a privately-held direct selling company and they can keep their pants upThey can stick big socks in them They can say look how we grow Donrsquot we look sobig and really itrsquos all fake Itrsquos all hype and thatrsquos what the critics actually look at inmost cases so I was a little bit shocked when I saw that some of the critics werereally pounding heavy on Wake Up Now after they had literally put out theirnumbers and they donrsquot hit other companies That was what got me You knowone of the companies thatrsquos really coming on strong right now is FG Express whichis owned by Forever Green and until 2013 Forever Green had not earned a profitat all As a matter of fact their financial statement looked almost exactly like WakeUp Nows and yet none of the critics pounced on that So I could tell therersquosprobably a little bit of something that was there that had caught somebodyrsquos eyebut at the end of the day one of the big things that the critics brought up and Iwant to address that as we shut down on this video Now wersquore going to coverseveral issues that the critics have brought up from income disclosurestatements to Millenials and all that but something I want to hit right now beforewe shut this one down is retail sales I donrsquot know why critics get hit on retail salesbecause none of the regulators do The regulators get focused on sales aboveand beyond the compensation plan Burn Lounge prime example The judge inthat said look therersquos only 1 of sales that were above and beyond or outside thecompensation plan Thatrsquos not enough to be called a direct selling companyFortune High Tech which is I mean the regulators kind of pushed on that oneand then Paul Orbison passed away but they were saying look therersquos notenough sales above and beyond what it takes to qualify in the compensation plan
Do you need professional PDFs Try PDFmyURL
mdashnothing about retail sales
As a matter of fact therersquos very few companies that even allow what we would callretail sales Thatrsquos where the distributor can take and retail the product in theirown shop that they own They can buy extra product and put it in flea marketsand stuff like that Not every company does that Going back to Youngevity for aminute Youngevity is a companymdashyou can take their products You can put themin stores You can actually sell if you can get the products and you can get themat a bulk rate you can sell them and put them into retail establishments Wake UpNow is that way Wake Up Now has a bulk sale deal As a matter of fact I know acountry club in Park City that actually markets their products over there Itrsquos notlike over at VIMA where they have the VIMA Lounge and stuff like this This is anindependent company They tasted the Thunder Energy Drink and now they areselling the Thunder Energy Drink in a country club That happens Now yoursquovealso got companies like Tupperware Watkins and Avon who really are more ofthe party plan side of things but Watkins sells their products in Wal-Mart and inTarget Tupperware tried Targetmdashit didnrsquot work very well for them and Avon hastheir own stores now in malls So thatrsquos retail sales Now a lot of times critics willlook at it and say ldquoWell itrsquos the 70 rulerdquo There is no 70 rule that is built insideof the federal or state codes That goes back to a 1979 hearing where the judgesaid the reason Amway is not a pyramid is because they have a 70 rule At thattime it wasmdashthey used directs They didnrsquot have auto-ships They werenrsquot selling topreferred customers Literally therersquos a guy that went direct He had all theproduct and he was the rep that bought the product from him and what theyhad is that you had to either use up yourself or sell 70 of your product Laterone of the attorneys at the FTC wrote about that For some reason critics talkabout retail sales Thatrsquos not what this is
Sign Up For WakeUpNowDo you need professional PDFs Try PDFmyURL
Here is what I can tell you about Wake Up Now In October when I went to thatcompany they had around 30 employees They had just moved to their brand-newndashI think itrsquos 20000 square foot office In that office now they have a completecustomer service area both national and international They have another set ofteamndashanother team that covers only the distributors They have another teamthat covers only compliance They have gone from 30 to over 200 employeesThatrsquos part of that $8 million is paying for those employees They use metrics ineverything The customer service get paid based onmdashrather they take care of thecustomers The same thing with the IBO team They take care of those Their techteam went from 2-20 because they are building out this brand-new proprietaryback end thatrsquos beautiful and again that team looks at the metrics 24-7 it seemslike Now I donrsquot know if they are there that whole time but I talked to all of theirteam that day and they said in this room theyrsquove got like itrsquos a 120-inch TV wherethey are watching and if the website starts to slowdown they start looking at theweb servers to see if something hung up The only other company I have seentake this much time as a company I ran called Pro Step here in Florida and it wasamazing because our team Curt Hanes his whole crew thatrsquos all they did wasfocus on what it took to make that company run so that the customers and thereps were happy and I see that at Wake Up Now Itrsquos amazing to see what theyrsquovedone But if you guys would go out before you just listen to my stuff before youlisten to a critic go pick up Kirbyrsquos book or better yet go watch the interview that Idid with Kirby where he talks about the pillars of inflection and you start to learn
Do you need professional PDFs Try PDFmyURL
what this company is built on You know I have got to say this and I gomdasha lot ofmy videos I go this way
I talk about what my friend and my mentor Richard Brook said And he saidldquoUnited we stand Divided we fallrdquo Now I donrsquot expect the critics out theremdashI donrsquotcare if itrsquos scamcom realscamcom Behind MLM or any of the other that are outthere I mean therersquos hundreds thousands maybe of people that donrsquot likenetwork marketing donrsquot understand it you know and everything else And thentherersquos the inside critics I donrsquot care aboutmdashherersquos what I care about If we willcome together as a community and work together to make ourselves better tomake it as good as what we see franchising is today then you know what Thecritics wonrsquot have anything to really talk about period Thatrsquos the thing and I amnot seeing that right now As a matter of fact I know that in the case of Wake UpNow at least one CEO I have tried over and over and over to get to sit down withJason and just talk to him about hey yoursquove got conflicts between your youngteams Letrsquos work them out and he hasnrsquot done it Closing this out guys Yoursquovegot to focus on building your business Absolutely if you just look at the numbersat Wake Up Now and you donrsquot at where the company is going and you just wantto write negative blog posts or critical blog posts You know then there is going tobe issues but if you really focus on are they building a platform have they built aplatform that people are using When you look at the fact that the numbers aregoing up you start to see that this is a company thatrsquos starting to turn a cornersimilar to when Amazon turned their corner and you know theyrsquove built into theirbusiness planmdashit would be five years maybe before we show a profit It actuallywas almost six before they built a profit Therersquos many companies that way Ittakes time to build a business
Sign Up For WakeUpNowDo you need professional PDFs Try PDFmyURL
Many companies if you went and looked yoursquod find in those early years whenrsquos itrsquosin the research and development stages of a company that it takes time It takesenergy to make that work and thatrsquos kind of what yoursquove got here at Wake UpNow Wersquore going to continue to watch it I am going to continue to work withthem I have been amazed at seeing how they fixed their mistakes how theyrsquovestayed true to their word and whatrsquos even more amazing is the culture that theyhave created Those kids that are not as predictable maybe as the pastgenerations Theyrsquove been willing to forgive the mistakes because theyrsquove seen theauthenticity of that team at that corporate office and that team has stayed trueto their word all along the way Wersquore still going to stay on those kids to make surethat they are doing business rightmdashthat they are marketing right and wersquore alsogoing to start looking at some of the other companies and some of the CEOs thatare out there egging on their young team talking about how they are going tobring down certain companies You canrsquot do that and once it goes out there onthe Internet itrsquos public record so wersquore able to show hey this is where theinstigation is coming on and the last thing that I want to see is any more lawsuitsI have started to see companies terminating reps for stupid reasons and suingthem Wersquove started seeing companies suing each other and wersquore seeing aboatload of whatrsquos been called corporate espionage and tortuous interferenceand if wersquore going to build a community that the critics canrsquot say is a bunch of WildWest gunslingers on the verge of just barely having it rightmdashwhat KevinThompson calls the grey
Do you need professional PDFs Try PDFmyURL
If wersquore going to build a community if wersquore going to build an industry that can beproud we can be proud of then wersquove got to do it right Wersquove got to do it in theblack and that means we work together to do things by best practices even whencompanies may have dropped their drawers because of compliance and shownthe truth I would rather have a company like Wake Up Now or YoungevityHerbaLife or Nu Skinmdashthese publicly traded MLMs right nowmdashthan these guysthat are overhyping everything talking about some list that they are on when I amlooking at other companies that I know have hundreds of millions of dollars andarenrsquot on those lists because they didnrsquot turn their numbers in because they saidthatrsquos not what this is about This is about building something that people can beproud of And if yrsquoall get down to it if you stayed this long to watch this video thenwhether you are a company owner whether you are a vendor whether you arean attorney whether you are a consultant whether you are a distributormdashwe areall on the path headed the same direction We all want financial freedom We allwant to live within this community and have fun together So why donrsquot we go outthere and do that and work to build it up instead of worrying about this fear ofloss and tearing it down Live life like itrsquos an epic adventure Stay dangerous Staystrong and if yoursquore in a network marketing company start acting like it
Sign Up For WakeUpNow
Do you need professional PDFs Try PDFmyURL
Previous Next
TAGS BEACHSIDE CEO TROY DOOLY WAKE UP NOW FINANCIAL STATEMENT WAKEUPNOWWAKEUPNOW FINANCIAL STATEMENT
David Liciaga is a WakeUpNow independent business owner (IBO) who consistentlyranks amongst the top 10 recruiters To date he has brought on more than 1154 peopleto his team single-handedly and provides the tools and training for his teammates toduplicate his success
Author David Liciaga
ABOUT THE DAVID LICIAGA
RELATED POSTS
Do you need professional PDFs Try PDFmyURL
Name (required)
Email (required)
Website
Comment
Post Comment
Notify me of follow-up comments by email
Notify me of new posts by email
Inside Look withWakeUpNow PresidentJason Elrod ndash SeemoreGreen
Pyramid Schemes vs MLMCompanies
The company Wake UpNow ndash Eric Worre will be atthe corporate conference
LEAVE A COMMENT
Do you need professional PDFs Try PDFmyURL
Copyright 2014 David Liciaga Wake Up Now IBO - All Rights Reserved
Contact us
Do you need professional PDFs Try PDFmyURL
mdashnothing about retail sales
As a matter of fact therersquos very few companies that even allow what we would callretail sales Thatrsquos where the distributor can take and retail the product in theirown shop that they own They can buy extra product and put it in flea marketsand stuff like that Not every company does that Going back to Youngevity for aminute Youngevity is a companymdashyou can take their products You can put themin stores You can actually sell if you can get the products and you can get themat a bulk rate you can sell them and put them into retail establishments Wake UpNow is that way Wake Up Now has a bulk sale deal As a matter of fact I know acountry club in Park City that actually markets their products over there Itrsquos notlike over at VIMA where they have the VIMA Lounge and stuff like this This is anindependent company They tasted the Thunder Energy Drink and now they areselling the Thunder Energy Drink in a country club That happens Now yoursquovealso got companies like Tupperware Watkins and Avon who really are more ofthe party plan side of things but Watkins sells their products in Wal-Mart and inTarget Tupperware tried Targetmdashit didnrsquot work very well for them and Avon hastheir own stores now in malls So thatrsquos retail sales Now a lot of times critics willlook at it and say ldquoWell itrsquos the 70 rulerdquo There is no 70 rule that is built insideof the federal or state codes That goes back to a 1979 hearing where the judgesaid the reason Amway is not a pyramid is because they have a 70 rule At thattime it wasmdashthey used directs They didnrsquot have auto-ships They werenrsquot selling topreferred customers Literally therersquos a guy that went direct He had all theproduct and he was the rep that bought the product from him and what theyhad is that you had to either use up yourself or sell 70 of your product Laterone of the attorneys at the FTC wrote about that For some reason critics talkabout retail sales Thatrsquos not what this is
Sign Up For WakeUpNowDo you need professional PDFs Try PDFmyURL
Here is what I can tell you about Wake Up Now In October when I went to thatcompany they had around 30 employees They had just moved to their brand-newndashI think itrsquos 20000 square foot office In that office now they have a completecustomer service area both national and international They have another set ofteamndashanother team that covers only the distributors They have another teamthat covers only compliance They have gone from 30 to over 200 employeesThatrsquos part of that $8 million is paying for those employees They use metrics ineverything The customer service get paid based onmdashrather they take care of thecustomers The same thing with the IBO team They take care of those Their techteam went from 2-20 because they are building out this brand-new proprietaryback end thatrsquos beautiful and again that team looks at the metrics 24-7 it seemslike Now I donrsquot know if they are there that whole time but I talked to all of theirteam that day and they said in this room theyrsquove got like itrsquos a 120-inch TV wherethey are watching and if the website starts to slowdown they start looking at theweb servers to see if something hung up The only other company I have seentake this much time as a company I ran called Pro Step here in Florida and it wasamazing because our team Curt Hanes his whole crew thatrsquos all they did wasfocus on what it took to make that company run so that the customers and thereps were happy and I see that at Wake Up Now Itrsquos amazing to see what theyrsquovedone But if you guys would go out before you just listen to my stuff before youlisten to a critic go pick up Kirbyrsquos book or better yet go watch the interview that Idid with Kirby where he talks about the pillars of inflection and you start to learn
Do you need professional PDFs Try PDFmyURL
what this company is built on You know I have got to say this and I gomdasha lot ofmy videos I go this way
I talk about what my friend and my mentor Richard Brook said And he saidldquoUnited we stand Divided we fallrdquo Now I donrsquot expect the critics out theremdashI donrsquotcare if itrsquos scamcom realscamcom Behind MLM or any of the other that are outthere I mean therersquos hundreds thousands maybe of people that donrsquot likenetwork marketing donrsquot understand it you know and everything else And thentherersquos the inside critics I donrsquot care aboutmdashherersquos what I care about If we willcome together as a community and work together to make ourselves better tomake it as good as what we see franchising is today then you know what Thecritics wonrsquot have anything to really talk about period Thatrsquos the thing and I amnot seeing that right now As a matter of fact I know that in the case of Wake UpNow at least one CEO I have tried over and over and over to get to sit down withJason and just talk to him about hey yoursquove got conflicts between your youngteams Letrsquos work them out and he hasnrsquot done it Closing this out guys Yoursquovegot to focus on building your business Absolutely if you just look at the numbersat Wake Up Now and you donrsquot at where the company is going and you just wantto write negative blog posts or critical blog posts You know then there is going tobe issues but if you really focus on are they building a platform have they built aplatform that people are using When you look at the fact that the numbers aregoing up you start to see that this is a company thatrsquos starting to turn a cornersimilar to when Amazon turned their corner and you know theyrsquove built into theirbusiness planmdashit would be five years maybe before we show a profit It actuallywas almost six before they built a profit Therersquos many companies that way Ittakes time to build a business
Sign Up For WakeUpNowDo you need professional PDFs Try PDFmyURL
Many companies if you went and looked yoursquod find in those early years whenrsquos itrsquosin the research and development stages of a company that it takes time It takesenergy to make that work and thatrsquos kind of what yoursquove got here at Wake UpNow Wersquore going to continue to watch it I am going to continue to work withthem I have been amazed at seeing how they fixed their mistakes how theyrsquovestayed true to their word and whatrsquos even more amazing is the culture that theyhave created Those kids that are not as predictable maybe as the pastgenerations Theyrsquove been willing to forgive the mistakes because theyrsquove seen theauthenticity of that team at that corporate office and that team has stayed trueto their word all along the way Wersquore still going to stay on those kids to make surethat they are doing business rightmdashthat they are marketing right and wersquore alsogoing to start looking at some of the other companies and some of the CEOs thatare out there egging on their young team talking about how they are going tobring down certain companies You canrsquot do that and once it goes out there onthe Internet itrsquos public record so wersquore able to show hey this is where theinstigation is coming on and the last thing that I want to see is any more lawsuitsI have started to see companies terminating reps for stupid reasons and suingthem Wersquove started seeing companies suing each other and wersquore seeing aboatload of whatrsquos been called corporate espionage and tortuous interferenceand if wersquore going to build a community that the critics canrsquot say is a bunch of WildWest gunslingers on the verge of just barely having it rightmdashwhat KevinThompson calls the grey
Do you need professional PDFs Try PDFmyURL
If wersquore going to build a community if wersquore going to build an industry that can beproud we can be proud of then wersquove got to do it right Wersquove got to do it in theblack and that means we work together to do things by best practices even whencompanies may have dropped their drawers because of compliance and shownthe truth I would rather have a company like Wake Up Now or YoungevityHerbaLife or Nu Skinmdashthese publicly traded MLMs right nowmdashthan these guysthat are overhyping everything talking about some list that they are on when I amlooking at other companies that I know have hundreds of millions of dollars andarenrsquot on those lists because they didnrsquot turn their numbers in because they saidthatrsquos not what this is about This is about building something that people can beproud of And if yrsquoall get down to it if you stayed this long to watch this video thenwhether you are a company owner whether you are a vendor whether you arean attorney whether you are a consultant whether you are a distributormdashwe areall on the path headed the same direction We all want financial freedom We allwant to live within this community and have fun together So why donrsquot we go outthere and do that and work to build it up instead of worrying about this fear ofloss and tearing it down Live life like itrsquos an epic adventure Stay dangerous Staystrong and if yoursquore in a network marketing company start acting like it
Sign Up For WakeUpNow
Do you need professional PDFs Try PDFmyURL
Previous Next
TAGS BEACHSIDE CEO TROY DOOLY WAKE UP NOW FINANCIAL STATEMENT WAKEUPNOWWAKEUPNOW FINANCIAL STATEMENT
David Liciaga is a WakeUpNow independent business owner (IBO) who consistentlyranks amongst the top 10 recruiters To date he has brought on more than 1154 peopleto his team single-handedly and provides the tools and training for his teammates toduplicate his success
Author David Liciaga
ABOUT THE DAVID LICIAGA
RELATED POSTS
Do you need professional PDFs Try PDFmyURL
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Email (required)
Website
Comment
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Notify me of follow-up comments by email
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Inside Look withWakeUpNow PresidentJason Elrod ndash SeemoreGreen
Pyramid Schemes vs MLMCompanies
The company Wake UpNow ndash Eric Worre will be atthe corporate conference
LEAVE A COMMENT
Do you need professional PDFs Try PDFmyURL
Copyright 2014 David Liciaga Wake Up Now IBO - All Rights Reserved
Contact us
Do you need professional PDFs Try PDFmyURL
Here is what I can tell you about Wake Up Now In October when I went to thatcompany they had around 30 employees They had just moved to their brand-newndashI think itrsquos 20000 square foot office In that office now they have a completecustomer service area both national and international They have another set ofteamndashanother team that covers only the distributors They have another teamthat covers only compliance They have gone from 30 to over 200 employeesThatrsquos part of that $8 million is paying for those employees They use metrics ineverything The customer service get paid based onmdashrather they take care of thecustomers The same thing with the IBO team They take care of those Their techteam went from 2-20 because they are building out this brand-new proprietaryback end thatrsquos beautiful and again that team looks at the metrics 24-7 it seemslike Now I donrsquot know if they are there that whole time but I talked to all of theirteam that day and they said in this room theyrsquove got like itrsquos a 120-inch TV wherethey are watching and if the website starts to slowdown they start looking at theweb servers to see if something hung up The only other company I have seentake this much time as a company I ran called Pro Step here in Florida and it wasamazing because our team Curt Hanes his whole crew thatrsquos all they did wasfocus on what it took to make that company run so that the customers and thereps were happy and I see that at Wake Up Now Itrsquos amazing to see what theyrsquovedone But if you guys would go out before you just listen to my stuff before youlisten to a critic go pick up Kirbyrsquos book or better yet go watch the interview that Idid with Kirby where he talks about the pillars of inflection and you start to learn
Do you need professional PDFs Try PDFmyURL
what this company is built on You know I have got to say this and I gomdasha lot ofmy videos I go this way
I talk about what my friend and my mentor Richard Brook said And he saidldquoUnited we stand Divided we fallrdquo Now I donrsquot expect the critics out theremdashI donrsquotcare if itrsquos scamcom realscamcom Behind MLM or any of the other that are outthere I mean therersquos hundreds thousands maybe of people that donrsquot likenetwork marketing donrsquot understand it you know and everything else And thentherersquos the inside critics I donrsquot care aboutmdashherersquos what I care about If we willcome together as a community and work together to make ourselves better tomake it as good as what we see franchising is today then you know what Thecritics wonrsquot have anything to really talk about period Thatrsquos the thing and I amnot seeing that right now As a matter of fact I know that in the case of Wake UpNow at least one CEO I have tried over and over and over to get to sit down withJason and just talk to him about hey yoursquove got conflicts between your youngteams Letrsquos work them out and he hasnrsquot done it Closing this out guys Yoursquovegot to focus on building your business Absolutely if you just look at the numbersat Wake Up Now and you donrsquot at where the company is going and you just wantto write negative blog posts or critical blog posts You know then there is going tobe issues but if you really focus on are they building a platform have they built aplatform that people are using When you look at the fact that the numbers aregoing up you start to see that this is a company thatrsquos starting to turn a cornersimilar to when Amazon turned their corner and you know theyrsquove built into theirbusiness planmdashit would be five years maybe before we show a profit It actuallywas almost six before they built a profit Therersquos many companies that way Ittakes time to build a business
Sign Up For WakeUpNowDo you need professional PDFs Try PDFmyURL
Many companies if you went and looked yoursquod find in those early years whenrsquos itrsquosin the research and development stages of a company that it takes time It takesenergy to make that work and thatrsquos kind of what yoursquove got here at Wake UpNow Wersquore going to continue to watch it I am going to continue to work withthem I have been amazed at seeing how they fixed their mistakes how theyrsquovestayed true to their word and whatrsquos even more amazing is the culture that theyhave created Those kids that are not as predictable maybe as the pastgenerations Theyrsquove been willing to forgive the mistakes because theyrsquove seen theauthenticity of that team at that corporate office and that team has stayed trueto their word all along the way Wersquore still going to stay on those kids to make surethat they are doing business rightmdashthat they are marketing right and wersquore alsogoing to start looking at some of the other companies and some of the CEOs thatare out there egging on their young team talking about how they are going tobring down certain companies You canrsquot do that and once it goes out there onthe Internet itrsquos public record so wersquore able to show hey this is where theinstigation is coming on and the last thing that I want to see is any more lawsuitsI have started to see companies terminating reps for stupid reasons and suingthem Wersquove started seeing companies suing each other and wersquore seeing aboatload of whatrsquos been called corporate espionage and tortuous interferenceand if wersquore going to build a community that the critics canrsquot say is a bunch of WildWest gunslingers on the verge of just barely having it rightmdashwhat KevinThompson calls the grey
Do you need professional PDFs Try PDFmyURL
If wersquore going to build a community if wersquore going to build an industry that can beproud we can be proud of then wersquove got to do it right Wersquove got to do it in theblack and that means we work together to do things by best practices even whencompanies may have dropped their drawers because of compliance and shownthe truth I would rather have a company like Wake Up Now or YoungevityHerbaLife or Nu Skinmdashthese publicly traded MLMs right nowmdashthan these guysthat are overhyping everything talking about some list that they are on when I amlooking at other companies that I know have hundreds of millions of dollars andarenrsquot on those lists because they didnrsquot turn their numbers in because they saidthatrsquos not what this is about This is about building something that people can beproud of And if yrsquoall get down to it if you stayed this long to watch this video thenwhether you are a company owner whether you are a vendor whether you arean attorney whether you are a consultant whether you are a distributormdashwe areall on the path headed the same direction We all want financial freedom We allwant to live within this community and have fun together So why donrsquot we go outthere and do that and work to build it up instead of worrying about this fear ofloss and tearing it down Live life like itrsquos an epic adventure Stay dangerous Staystrong and if yoursquore in a network marketing company start acting like it
Sign Up For WakeUpNow
Do you need professional PDFs Try PDFmyURL
Previous Next
TAGS BEACHSIDE CEO TROY DOOLY WAKE UP NOW FINANCIAL STATEMENT WAKEUPNOWWAKEUPNOW FINANCIAL STATEMENT
David Liciaga is a WakeUpNow independent business owner (IBO) who consistentlyranks amongst the top 10 recruiters To date he has brought on more than 1154 peopleto his team single-handedly and provides the tools and training for his teammates toduplicate his success
Author David Liciaga
ABOUT THE DAVID LICIAGA
RELATED POSTS
Do you need professional PDFs Try PDFmyURL
Name (required)
Email (required)
Website
Comment
Post Comment
Notify me of follow-up comments by email
Notify me of new posts by email
Inside Look withWakeUpNow PresidentJason Elrod ndash SeemoreGreen
Pyramid Schemes vs MLMCompanies
The company Wake UpNow ndash Eric Worre will be atthe corporate conference
LEAVE A COMMENT
Do you need professional PDFs Try PDFmyURL
Copyright 2014 David Liciaga Wake Up Now IBO - All Rights Reserved
Contact us
Do you need professional PDFs Try PDFmyURL
what this company is built on You know I have got to say this and I gomdasha lot ofmy videos I go this way
I talk about what my friend and my mentor Richard Brook said And he saidldquoUnited we stand Divided we fallrdquo Now I donrsquot expect the critics out theremdashI donrsquotcare if itrsquos scamcom realscamcom Behind MLM or any of the other that are outthere I mean therersquos hundreds thousands maybe of people that donrsquot likenetwork marketing donrsquot understand it you know and everything else And thentherersquos the inside critics I donrsquot care aboutmdashherersquos what I care about If we willcome together as a community and work together to make ourselves better tomake it as good as what we see franchising is today then you know what Thecritics wonrsquot have anything to really talk about period Thatrsquos the thing and I amnot seeing that right now As a matter of fact I know that in the case of Wake UpNow at least one CEO I have tried over and over and over to get to sit down withJason and just talk to him about hey yoursquove got conflicts between your youngteams Letrsquos work them out and he hasnrsquot done it Closing this out guys Yoursquovegot to focus on building your business Absolutely if you just look at the numbersat Wake Up Now and you donrsquot at where the company is going and you just wantto write negative blog posts or critical blog posts You know then there is going tobe issues but if you really focus on are they building a platform have they built aplatform that people are using When you look at the fact that the numbers aregoing up you start to see that this is a company thatrsquos starting to turn a cornersimilar to when Amazon turned their corner and you know theyrsquove built into theirbusiness planmdashit would be five years maybe before we show a profit It actuallywas almost six before they built a profit Therersquos many companies that way Ittakes time to build a business
Sign Up For WakeUpNowDo you need professional PDFs Try PDFmyURL
Many companies if you went and looked yoursquod find in those early years whenrsquos itrsquosin the research and development stages of a company that it takes time It takesenergy to make that work and thatrsquos kind of what yoursquove got here at Wake UpNow Wersquore going to continue to watch it I am going to continue to work withthem I have been amazed at seeing how they fixed their mistakes how theyrsquovestayed true to their word and whatrsquos even more amazing is the culture that theyhave created Those kids that are not as predictable maybe as the pastgenerations Theyrsquove been willing to forgive the mistakes because theyrsquove seen theauthenticity of that team at that corporate office and that team has stayed trueto their word all along the way Wersquore still going to stay on those kids to make surethat they are doing business rightmdashthat they are marketing right and wersquore alsogoing to start looking at some of the other companies and some of the CEOs thatare out there egging on their young team talking about how they are going tobring down certain companies You canrsquot do that and once it goes out there onthe Internet itrsquos public record so wersquore able to show hey this is where theinstigation is coming on and the last thing that I want to see is any more lawsuitsI have started to see companies terminating reps for stupid reasons and suingthem Wersquove started seeing companies suing each other and wersquore seeing aboatload of whatrsquos been called corporate espionage and tortuous interferenceand if wersquore going to build a community that the critics canrsquot say is a bunch of WildWest gunslingers on the verge of just barely having it rightmdashwhat KevinThompson calls the grey
Do you need professional PDFs Try PDFmyURL
If wersquore going to build a community if wersquore going to build an industry that can beproud we can be proud of then wersquove got to do it right Wersquove got to do it in theblack and that means we work together to do things by best practices even whencompanies may have dropped their drawers because of compliance and shownthe truth I would rather have a company like Wake Up Now or YoungevityHerbaLife or Nu Skinmdashthese publicly traded MLMs right nowmdashthan these guysthat are overhyping everything talking about some list that they are on when I amlooking at other companies that I know have hundreds of millions of dollars andarenrsquot on those lists because they didnrsquot turn their numbers in because they saidthatrsquos not what this is about This is about building something that people can beproud of And if yrsquoall get down to it if you stayed this long to watch this video thenwhether you are a company owner whether you are a vendor whether you arean attorney whether you are a consultant whether you are a distributormdashwe areall on the path headed the same direction We all want financial freedom We allwant to live within this community and have fun together So why donrsquot we go outthere and do that and work to build it up instead of worrying about this fear ofloss and tearing it down Live life like itrsquos an epic adventure Stay dangerous Staystrong and if yoursquore in a network marketing company start acting like it
Sign Up For WakeUpNow
Do you need professional PDFs Try PDFmyURL
Previous Next
TAGS BEACHSIDE CEO TROY DOOLY WAKE UP NOW FINANCIAL STATEMENT WAKEUPNOWWAKEUPNOW FINANCIAL STATEMENT
David Liciaga is a WakeUpNow independent business owner (IBO) who consistentlyranks amongst the top 10 recruiters To date he has brought on more than 1154 peopleto his team single-handedly and provides the tools and training for his teammates toduplicate his success
Author David Liciaga
ABOUT THE DAVID LICIAGA
RELATED POSTS
Do you need professional PDFs Try PDFmyURL
Name (required)
Email (required)
Website
Comment
Post Comment
Notify me of follow-up comments by email
Notify me of new posts by email
Inside Look withWakeUpNow PresidentJason Elrod ndash SeemoreGreen
Pyramid Schemes vs MLMCompanies
The company Wake UpNow ndash Eric Worre will be atthe corporate conference
LEAVE A COMMENT
Do you need professional PDFs Try PDFmyURL
Copyright 2014 David Liciaga Wake Up Now IBO - All Rights Reserved
Contact us
Do you need professional PDFs Try PDFmyURL
Many companies if you went and looked yoursquod find in those early years whenrsquos itrsquosin the research and development stages of a company that it takes time It takesenergy to make that work and thatrsquos kind of what yoursquove got here at Wake UpNow Wersquore going to continue to watch it I am going to continue to work withthem I have been amazed at seeing how they fixed their mistakes how theyrsquovestayed true to their word and whatrsquos even more amazing is the culture that theyhave created Those kids that are not as predictable maybe as the pastgenerations Theyrsquove been willing to forgive the mistakes because theyrsquove seen theauthenticity of that team at that corporate office and that team has stayed trueto their word all along the way Wersquore still going to stay on those kids to make surethat they are doing business rightmdashthat they are marketing right and wersquore alsogoing to start looking at some of the other companies and some of the CEOs thatare out there egging on their young team talking about how they are going tobring down certain companies You canrsquot do that and once it goes out there onthe Internet itrsquos public record so wersquore able to show hey this is where theinstigation is coming on and the last thing that I want to see is any more lawsuitsI have started to see companies terminating reps for stupid reasons and suingthem Wersquove started seeing companies suing each other and wersquore seeing aboatload of whatrsquos been called corporate espionage and tortuous interferenceand if wersquore going to build a community that the critics canrsquot say is a bunch of WildWest gunslingers on the verge of just barely having it rightmdashwhat KevinThompson calls the grey
Do you need professional PDFs Try PDFmyURL
If wersquore going to build a community if wersquore going to build an industry that can beproud we can be proud of then wersquove got to do it right Wersquove got to do it in theblack and that means we work together to do things by best practices even whencompanies may have dropped their drawers because of compliance and shownthe truth I would rather have a company like Wake Up Now or YoungevityHerbaLife or Nu Skinmdashthese publicly traded MLMs right nowmdashthan these guysthat are overhyping everything talking about some list that they are on when I amlooking at other companies that I know have hundreds of millions of dollars andarenrsquot on those lists because they didnrsquot turn their numbers in because they saidthatrsquos not what this is about This is about building something that people can beproud of And if yrsquoall get down to it if you stayed this long to watch this video thenwhether you are a company owner whether you are a vendor whether you arean attorney whether you are a consultant whether you are a distributormdashwe areall on the path headed the same direction We all want financial freedom We allwant to live within this community and have fun together So why donrsquot we go outthere and do that and work to build it up instead of worrying about this fear ofloss and tearing it down Live life like itrsquos an epic adventure Stay dangerous Staystrong and if yoursquore in a network marketing company start acting like it
Sign Up For WakeUpNow
Do you need professional PDFs Try PDFmyURL
Previous Next
TAGS BEACHSIDE CEO TROY DOOLY WAKE UP NOW FINANCIAL STATEMENT WAKEUPNOWWAKEUPNOW FINANCIAL STATEMENT
David Liciaga is a WakeUpNow independent business owner (IBO) who consistentlyranks amongst the top 10 recruiters To date he has brought on more than 1154 peopleto his team single-handedly and provides the tools and training for his teammates toduplicate his success
Author David Liciaga
ABOUT THE DAVID LICIAGA
RELATED POSTS
Do you need professional PDFs Try PDFmyURL
Name (required)
Email (required)
Website
Comment
Post Comment
Notify me of follow-up comments by email
Notify me of new posts by email
Inside Look withWakeUpNow PresidentJason Elrod ndash SeemoreGreen
Pyramid Schemes vs MLMCompanies
The company Wake UpNow ndash Eric Worre will be atthe corporate conference
LEAVE A COMMENT
Do you need professional PDFs Try PDFmyURL
Copyright 2014 David Liciaga Wake Up Now IBO - All Rights Reserved
Contact us
Do you need professional PDFs Try PDFmyURL
If wersquore going to build a community if wersquore going to build an industry that can beproud we can be proud of then wersquove got to do it right Wersquove got to do it in theblack and that means we work together to do things by best practices even whencompanies may have dropped their drawers because of compliance and shownthe truth I would rather have a company like Wake Up Now or YoungevityHerbaLife or Nu Skinmdashthese publicly traded MLMs right nowmdashthan these guysthat are overhyping everything talking about some list that they are on when I amlooking at other companies that I know have hundreds of millions of dollars andarenrsquot on those lists because they didnrsquot turn their numbers in because they saidthatrsquos not what this is about This is about building something that people can beproud of And if yrsquoall get down to it if you stayed this long to watch this video thenwhether you are a company owner whether you are a vendor whether you arean attorney whether you are a consultant whether you are a distributormdashwe areall on the path headed the same direction We all want financial freedom We allwant to live within this community and have fun together So why donrsquot we go outthere and do that and work to build it up instead of worrying about this fear ofloss and tearing it down Live life like itrsquos an epic adventure Stay dangerous Staystrong and if yoursquore in a network marketing company start acting like it
Sign Up For WakeUpNow
Do you need professional PDFs Try PDFmyURL
Previous Next
TAGS BEACHSIDE CEO TROY DOOLY WAKE UP NOW FINANCIAL STATEMENT WAKEUPNOWWAKEUPNOW FINANCIAL STATEMENT
David Liciaga is a WakeUpNow independent business owner (IBO) who consistentlyranks amongst the top 10 recruiters To date he has brought on more than 1154 peopleto his team single-handedly and provides the tools and training for his teammates toduplicate his success
Author David Liciaga
ABOUT THE DAVID LICIAGA
RELATED POSTS
Do you need professional PDFs Try PDFmyURL
Name (required)
Email (required)
Website
Comment
Post Comment
Notify me of follow-up comments by email
Notify me of new posts by email
Inside Look withWakeUpNow PresidentJason Elrod ndash SeemoreGreen
Pyramid Schemes vs MLMCompanies
The company Wake UpNow ndash Eric Worre will be atthe corporate conference
LEAVE A COMMENT
Do you need professional PDFs Try PDFmyURL
Copyright 2014 David Liciaga Wake Up Now IBO - All Rights Reserved
Contact us
Do you need professional PDFs Try PDFmyURL
Previous Next
TAGS BEACHSIDE CEO TROY DOOLY WAKE UP NOW FINANCIAL STATEMENT WAKEUPNOWWAKEUPNOW FINANCIAL STATEMENT
David Liciaga is a WakeUpNow independent business owner (IBO) who consistentlyranks amongst the top 10 recruiters To date he has brought on more than 1154 peopleto his team single-handedly and provides the tools and training for his teammates toduplicate his success
Author David Liciaga
ABOUT THE DAVID LICIAGA
RELATED POSTS
Do you need professional PDFs Try PDFmyURL
Name (required)
Email (required)
Website
Comment
Post Comment
Notify me of follow-up comments by email
Notify me of new posts by email
Inside Look withWakeUpNow PresidentJason Elrod ndash SeemoreGreen
Pyramid Schemes vs MLMCompanies
The company Wake UpNow ndash Eric Worre will be atthe corporate conference
LEAVE A COMMENT
Do you need professional PDFs Try PDFmyURL
Copyright 2014 David Liciaga Wake Up Now IBO - All Rights Reserved
Contact us
Do you need professional PDFs Try PDFmyURL
Name (required)
Email (required)
Website
Comment
Post Comment
Notify me of follow-up comments by email
Notify me of new posts by email
Inside Look withWakeUpNow PresidentJason Elrod ndash SeemoreGreen
Pyramid Schemes vs MLMCompanies
The company Wake UpNow ndash Eric Worre will be atthe corporate conference
LEAVE A COMMENT
Do you need professional PDFs Try PDFmyURL
Copyright 2014 David Liciaga Wake Up Now IBO - All Rights Reserved
Contact us
Do you need professional PDFs Try PDFmyURL
Copyright 2014 David Liciaga Wake Up Now IBO - All Rights Reserved
Contact us
Do you need professional PDFs Try PDFmyURL