12 North American companies with annual revenues exceeding $50 million, exhibiting not only resilience but an ability to create something every company wants: momentum. Direct Selling News sat down with the CEOs of these revenue-driving companies to learn from their business strategies and what it means to design a healthy company culture during rocket ship growth.
Today, direct selling fields are disparate groups defined internally by the cultures, brands and messaging of the companies they represent. They are always evolving and always a challenge. Productive field engagement takes hard work and diligence on the part of companies, as well as a good measure of finesse when marketplace challenges dictate change.
We comprised a list of the most successful of fledgling companies—the ones to watch. We snapshot a few of their stories here. To qualify, each company must be five years old or younger and have verifiable monthly sales surpassing the $1 Million mark.
Revenue growth is the mark of a company that is doing something right. When a company can continue a pattern of revenue growth for two or three consecutive years, it signals healthy momentum and creates a new level of credibility among peers and customers. But four years? Four years of consecutive revenue growth tangibly illustrates that a growth mindset and resiliency is cemented into a company’s DNA.
QuiAri announced its official expansion into Indonesia this morning. The company received its MLM license to operate in the country three weeks ago, and described its quick movements as “an aggressive timeline” in response to positive responses to its pre-marketing efforts.
QuiAri Founder and Chief Executive Officer Bob Reina announced the company has received its license to operate within South Korea. This is a significant step in the company’s continued global expansion efforts, which Reina announced would be a significant focus for the company in 2023.
Direct selling companies who experienced revenue growth through the pandemic share their strategies for success and the steps they’re taking now to prepare for the future.
QuiAri has begun a pre-launch into Malaysia. This move comes just two weeks after the company announced its expansion into UAE.
QuiAri announced the opening of a new distribution center in UAE, which will improve shipping and logistics processes for residents in the region, as well as open up new opportunities for nearby distributors.
No one is exempt from pandemic-fueled supply chain challenges. From groceries to glass bottles, raw ingredients to packaging materials, it seems every industry has had to manage the absence or reduced availability of at least one element in the links that bind the manufacturing, distribution and promotional chains. Fo
QuiAri may be one of the biggest success stories you’ve never heard about. Founded October 1, 2019, by CEO Bob Reina, in just two years’ time this nutritional products company made our list of young superstar companies.
How three young companies found remarkable success in five years or less.