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Ryte Announces Profit Sharing Plan With Founding Member Period

Uncategorized February 17, 2015

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Ryte Announces Profit Sharing Plan With Founding Member Period


Ryte, the first Benefit Corporation in the direct sales industry, has announced it is opening a Founding Member period and launching an accompanying profit sharing plan that allows all Founding Members to receive a continued share of Ryte company volume every month. Ryte is allotting 2% of company-wide volume to this pool.

The Founding Member period is only open for a limited time, and will end on March 31, 2015, or until 500 new members enroll. This limited window provides an opportunity for people to become a Founding Member of Ryte and share in the ongoing monthly volume of Ryte forever.

Since its launch in November of 2014, Ryte has seen phenomenal growth and already has Members in 45 states in the U.S.  With month-over-month growth of over 50%, Ryte has already attracted a tremendous group of passionate and giving Members, and feels that early adopters should be rewarded for being “founders” or “pioneers” of this giving movement. 

Co-Founder, CEO, & Chief Giving Officer, Jeff Wilson said, “When a new company launches, there is always a bit of fear of the unknown, meaning, does the company have what it takes to successfully deliver on its promises. Ryte is making good on those promises and is already experiencing amazing growth across the United States. We want to reward the Founding Members who make it all happen.”

“We believe you dance with them that brung you, and we want to reward those that join Ryte early and believe in us and in our mission of giving,” said Co-Founder and CMO, Riley Schaugaard.

Dave Stewart, Co-Founder and Chief Sales Officer said, “We try to keep things as simple as possible, and it’s the same for this pool. All commissionable eligible Founding Members will participate, there are no other hurdles. As Ryte grows and becomes the company we envision it will be, you can imagine the unbelievable power of this.”

In total, Ryte Founding Members will gain access to the Founding Member Bonus Pool, early leads, and receive lifetime recognition as a Ryte Founding Member.

More About Ryte

Ryte is honored to launch as the first Benefit Corporation in the direct sales industry. Ryte is a giving company, and offers its Members the opportunity to live an active, healthy lifestyle and at the same time give back to causes, people, and programs they are passionate about. Ryte’s product lineup is designed to help in areas where most people struggle, including energy, weight loss, mood, relaxation, and sleep.

If you are interested in learning more about Ryte, visit us as at www.ryte.com, or call 801-871-3991. You can also contact the Ryte Founders via email at [email protected], [email protected], and [email protected]



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