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Micky Gramlin
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Micky Gramlin   My Press Releases

MULTI LEVEL MARKETING PART 3 TheRecovery

Published on 11/23/2017
For additional information  Click Here

 

Image result for warren buffett success quotes

 

“Humanity surges with uncontrolled passion, is Tumultuous with ungoverned grief, is blown about by anxiety and doubt. Only the wise man, only he whose thoughts are controlled and purified, makes the winds and the storms of the soul obey him." - James Allen



In 1930 the value of stocks was down forty percent from its

April 1930 high. New Years' day, 1931, predictions were made that the depression would be over by the end of the year. Instead, stocks continued to decline in value through the year.

And in 1931, deepening the economic crisis even more, the world trade and Europe's credit structure collapsed. Europeans began withdrawing loans, investments and gold from the United States. 

When the US economy bottomed out in 1932, the stock market
was down 80%, (from 1929) manufacturing was down 48 percent (also 1929) Prices farmers received for their products were down 44 percent. And 25 percent of the work force was unemployed.

In Europe, many were blaming the Depression on the United States for withdrawing loans, for cutting back on imports and for failing as the world's leading creditor nation. Europe bottomed out as well in 1932.

The issue then became the speed of recovery. The world
economy somewhat improved in 1933, but the unemployment hovered around 15% for the remaining decade. It took the impact of WWII to reduce world unemployment to an acceptable standard.

1931 - Influenced by the economic hardships of the Great Depression, Frank Stanley Beveridge and Catherine L O’Brien founded Stanley Home Products. Both envisioning an opportunity for people to start their own businesses with minimal investment and selling products that people use every day.

It was the Stanley dealer’s concept of the “party plan” of going
into homes. The host of the party would invite friends and family over….and the “party plan” was born.

“Mary Kay Ash, founder of Mary Kay Cosmetics; Jan and Frank
Day, founders of Jafra Cosmetics; Brownie Wise of Tupperware; and Mary Crowley, founder of Home Interiors all received early training as Stanley Home Products dealers.”

Along with AmWay, these founders put millions of men and
women back to earning money in the mid 40’s. In 1945, Earl Tupper teamed up with Brownie Wise (formerly with Stanley Home Products) and launched Tupperware Party Plan, now a world-wide billion-dollar company operating in 40 countries.

In 1956, Dr. Forrest Shaklee developed a method of extracting minerals from vegetables and used MLM to distribute his
products.

1959, the two college friends abandoned Nutrilite and formed the Amway Corporation. In 1972 Amway Corporation acquired Nutrilite.

1963, Mary Kay Ash creates Mary Kay Cosmetics. By 1996,
sales were in excess of 2 billion dollars.

For several years the American government pursued AmWay for
allegedly illegal and unsavory activities. In 1979 the FTC ruled AmWay a legitimate business that was operating legally.

Since then many American businesses have added network marketing;

Dupont                                                               

Conagra

General Motors

Ford

Daimler Chrysler

IBM

Gillette

MCI/WORLDCOM

These are just a few known MLM’s that put America back to
work after the Great Depression. Not bad after such a small beginning from 1860 when peddlers began to realize that organizing and training groups of men to duplicate would create jobs and prosperity.

 

Thank you for stopping by!

 

Micky Gramlin

 

RELATED STORIES

Multi-Level Marketing, The History part 1

Putting America back To Work The History part 2

 

Original Sources

ogdragonslayer.blogspot.com

fsmitha.com

firstclassmlm.com

Genusity: Increase Your Sales Immediately!

 

 

 

 

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