Tim Sales: Full Disclosure On Partner.co

In a recent post on Ted Nuyten’s Facebook about Partner.co a person asked the question:

“Who owns Partner.co and how seasoned is their entire management/investors team? Are they publicly committed and not controlled by bean counters?“

Tim Sales replied and disclosed below information about Partner.co, a private company.

“Yes, let’s have full disclosure and honestly. Technically speaking Partner.Co was not “rescued” out of bankruptcy. The publicly traded company NewAge (not an NWM company) purchased Morinda and ARIIX (both are NWM companies). NewAge, primarily the CEO, did a poor job at managing the company, especially the NWM companies.”

He was more of a promoter than a business technician and spent more money than the company had, thus drove the NewAge company into bankruptcy. It was not the NWM mangers that killed NewAge. The CEO and the Board of Directors killed the company.

“A top-level distributor from Morinda asked his best friend and neighbour (Darren Zobrist) if he would buy the two NWM companies. Darren saw great potential and bought the companies. He is the CEO and the owner (with a few family/friend investors), which means he dictates the terms of the business.”

This isn’t private equity or public equity financing – both can get a NWM company in a deep mess. Why? Because the person loaning the money requires all the assets of the company as collateral. When the company is growing it goes smooth, when there are dips (all companies have dips) that’s when they must go back and ask for more money (normally higher interest rates). Now they’re paying interest on two loans.

Darren’s background is Wharton School of Business Finance, then Goldman Sacks managing client investments. When Goldman went public, he determined he would not be able to serve his clients the way he had before. He then went into building businesses. From the ground up he built Anova (Sushi grade) Foods and eventually sold to Bumble Bee. He was set for life. Then his friend asked him to buy the two companies.

With Darren as CEO, we immediately started growing… at the tune of 3,950% Brand Partner growth in first two years. Darren fell in love with the industry because of the people.

He saw that in NWM, we completely change the direction of someone’s life for the better. He now views that Partner.Co will be his legacy… which means what he’s known for and what will continue to live for after his body is no longer on Earth.

Darren hires the very best people (in the world) for Marketing, Technology, Operations, Country mangers, etc. He is principle-based, the company runs on principles and SOPs.

Partner.co is a debt-free $300+ million privately owned company shipping products to ~60 countries including China (we have a China license). Comp plan pays out 51% on the sales dollar ever week.

This company is a unicorn, there’s nothing like it in the world.
On the field side, leadership is in alignment, we have precise proven systems where average people who’ve never been in NWM succeed quickly and uniformly- the proof of that is 454,820 title advancements in 2024.

This is the full disclosure. – Tim Sales

About Partner.co

Partner.Co brings together success-fueled entrepreneurs and wellness enthusiasts from all backgrounds and unique expertise to partner in health, wealth and self. Partner.Co’s embracing of different cultures and beliefs fosters a true partnership where the company and the field protect each other and share a bond that ensures shared success. More information can be found at Partner.Co.

The post Tim Sales: Full Disclosure On Partner.co appeared first on Direct Selling Facts, Figures and News.