Saturday, August 11, 2007

TEAM: Board Members Resign! part 2

Original Source

August 11, 2007

Board Members Resign! part 2

Stay tuned to this blog and others as I will be posting updates as soon as they are available.

Further information regarding this situation:

The main issue in our opinion is that the Quixtar opportunity as a business is not viable. The fundamental principle of a successful business is that you must have a product that people want to buy at a price they are willing to pay. The bottom line is that Quixtar’s prices are so non-competitive that our people cannot retail the products. Secondly, in our opinion, the changes being implemented by the company including the name change to Amway and the new product development does not include a significant competitive pricing strategy which means that the business will become even more difficult for the new person to build.

These facts put us in a moral dilemma. The whole purpose of our action on Thursday was to give people in the field a choice about their own futures. Meanwhile, the Team continues to operate as a leadership development organization that teaches leadership principles that can be applied for success in family, home, work, church, businesses of all kinds, and any other worthwhile endeavor where people are influenced in a positive direction. It is important as we proceed further that no one disparages Quixtar, Amway, Alticor, or any of its constituents or employees in anyway.

We are very confident about the future because we know that the key to the internet is COMMUNITY! Content and Commerce can and will be developed!

Stay tuned to this blog and others as I will be posting updates as soon as they are available.

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