CONYERS, Ga., Sept. 30, 2016 /PRNewswire/ -- Novae and myEcon have finalized details of a merger to take effect on October 1, 2016.
Since Novae's inception in 2014, the company has focused on Lifestyle Enhancement, offering products and services to enhance individuals' lives in all areas. The merger with myEcon, founded in 2005, allows Novae to streamline their focus to myEcon's specialty, Wealth Creation through a concept myEcon refers to as "Income Shifting". With hundreds of millions of Americans looking to improve their financial situation, Novae and myEcon are poised to become industry leaders within this category.
"This is not only going to be great for both companies, but a major home run for the Independent Business Owners (IBOs) of Novae as well!" states Reco McDaniel, Novae President & CEO. McDaniel further explains, "This merger allows our IBOs to have an enhanced opportunity from day 1. The top level enrollment fee for new IBOs is decreasing from $499 to $199, which lowers the barriers of entry. The compensation payout is significantly increasing as well, allowing IBOs to potentially earn thousands of dollars weekly for sharing the new opportunity. Novae's monthly membership fee of $99.95 is now being reduced to $34.95 through the merger and will provide IBOs with increased value and services!"
myEcon's Financial Success Membership includes a Cashflow Manager Software, Identity Theft Protection, Free & Discounted Legal Services, Tax Advice Service & Preparation, and Identity Theft Prevention. Novae will add Novae Perks, Novae Library, and Novae Travel to this membership and at no additional cost to current myEcon and Novae IBOs. In addition to the membership, Novae Roadside Companion, Sprayology, and Novae Money will also be added to myEcon's product offerings.
Ivey Stokes, Founder of myEcon, also sees the merger as a major win for his company. Stokes states, "Over the last few years, myEcon set company goals to improve marketing, become mobile, and begin to attract a younger demographic. For more than a decade, our company has attracted tens of thousands of Baby Boomers across the country and we have been successful. This merger allows us to capitalize on Novae's strengths which help us accomplish our goals in short order."
With the release of Novae Connect, Novae's mobile application, in August, both companies are excited about smart phone technology being married with this newly enhanced opportunity. In October, all of the IBOs of myEcon and Novae will now have access to this application, which is sure to generate momentum for these companies and make the industry take notice.
Multi-Million Dollar Earner and Top Industry Trainer Brian Beane is excited about this merger and has decided to come out of retirement to join these two powerhouses to create something special. Beane exclaims, "It's not often that you have 2 company owners that have collectively built multi-million dollar companies decide to come together for the benefit of their companies and communities so everyone wins! This may very well be the greatest merger in the history of the Network Marketing industry!"
myEcon and Novae's executive teams will begin efforts to blend corporate leadership. Over the next several months, the companies will continue to take steps to integrate systems, marketing, organizations, and culture to create a huge conglomerate that will change the lives of millions across the country.
Pronounced "NÓ-VĀ", it is the feminine meaning of the latin word Novus, which means New, Newness, or New Beginnings. Coupled with the symbol in the logo, the KORU symbolizes LIFE, GROWTH, and a FRESH START; Novae's goal is to give their members just that and more importantly, to enhance the lives of their members in every area! Novae's focus is to INSPIRE individuals to get more out of life, EDUCATE them on ways to go about it and lastly to provide an OPPORTUNITY to make it happen!
Novae negotiates deals with major corporations allowing them to offer much needed products and services at discounted prices. Customers are able to receive high value products and services at an affordable price and members of Novae are able receive even greater discounts. With tens of thousands of satisfied members and customers to date, Novae is poised to become a leader in the world of business and the ever growing "Membership Economy". Company executives are Reco McDaniel, Carlton Calhoun, and Justin Owens.
myEcon, Inc. is a privately held, debt free company based in Gwinnett County, GA, a suburb of Atlanta. The company was founded by a small group of entrepreneurs in 2005. The company operates in the multi-billion dollar Direct Sales industry. The founders' vision is to empower people to attain Personal Financial Success. The company name myEcon, is short for "my Economy"; because the founders envision each individual taking care of their Personal Economy just as governments and corporations take care of theirs.
myEcon empowers its Associates to attain financial success by helping them earn income through a web-based business system and by teaching them financial strategies. The company currently has over 50,000 independent marketing associates and is one of the fastest growing companies in America. Company executives are Ivey Stokes, Alvin Curry, and Larry Gates.
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