5Linx

5Linx
Private
Industry Multi-level marketing
Founded 2001 (2001)
Headquarters New York, United States
Area served
 International
Key people
 Farshad Tafazzoli (President)
Products Home and business services, nutritional supplements
Services home security (through Protect America), TeeVee internet television service, glucose support, identity theft protection, electric power, data storage, supplemental healthcare (not insurance)[1]
Website 5linx.com

5Linx is an American multi-level marketing company headquartered in Rochester, NY, which offers utility and telecommunication services, health insurance, nutritional supplements, and business services.[1] It was founded in 2001.

History

5LINX follows a multi-level marketing model. Representatives are rewarded for recruiting additional representatives in addition to products and services sold. Sales representatives are independent contractors, and the company does not make any claims about potential income.[2]

The Clerk of Cook County Circuit Court Dorothy A. Brown is a representative. Illinois State Senator Patricia Van Pelt Watkins was a high-ranking representative until she left the company for a different multi-level marketing firm.[2]

5Linx was on the Inc. 500 list of fastest growing companies from 2006 until 2009. The company remains on the Inc. 5000 as of 2014.[3] In 2009 5Linx was ranked on the Rochester Top 100 list as the 2nd fastest growing company in the region.[4] The company also made the list the following three years.[5][6][7]

In May 2015, the company sold its telecommunications branch to Birch Communications, which reduced the company's revenue by about 30%. Farshad Tafazzoli was named President in 2016.[8]

In September 2017, 5LINX launched Chroma Credit Restoration and OXZGEN. Chroma Credit Restoration is a service that helps repair a consumer's credit rating. OXZGEN is a line of CBD products ranging from a Healing Pain Rub, moisturizers, capsules, tinctures and oral sprays.

In May 2018, 5LINX introduced their exclusive Captavida Glucose Support+ formulation that helps reduce glucose levels and lose weight.

References

  1. 1 2 "5linx product portfolio". 5Linx. Retrieved 7 September 2015.
  2. 1 2 "BGA: Chicago pols push controversial sales program 5Linx". Chicago Sun-Times. Better Government Association. December 5, 2015. Retrieved January 12, 2016.
  3. ↑ Inc. Magazine profile
  4. ↑ "RBA Celebrates the 2009 Rochester Top 100". Rochester Business Alliance. Retrieved 2012-09-24.
  5. ↑ "Rochester Top 100 honored at gala luncheon". Rochester Business Alliance. Retrieved 2013-02-25.
  6. ↑ "2011 Rochester Top 100". Rochester Business Alliance. Retrieved 2012-09-24.
  7. ↑ "2012 Rochester Top 100". Rochester Business Alliance. Retrieved 2013-02-25.
  8. ↑ Clausen, Todd (October 2, 2015). "5Linx names former city chief of staff as CEO". USA Today. Retrieved January 12, 2016.
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