About the company:
Cellular Health Innovations markets the Cellerciser® rebounder, which is designed to “strengthen the cells beyond their current capacity – flexing each cell up to 100 times per minute.” The exercises are promoted as low impact yet highly effective. The Mistake:
When my wife had cancer and needed treatment, I had to take time to support her medical care. I’d worked with a company for eight years and gave them the ability to run my business interests while we were gone. I gave them a power of attorney and they refiled all my interests in their corporate name, and took over control of my company. They took the inventory from our warehouse in Orem, and moved it to Reno, Nevada, where they said they could better look after it. I had invested everything that I had in helping my wife fight cancer, but this company took control of my business and wouldn’t give it back. I got a letter in the mail from them dismissing me from my own company.
I had invested everything that I had in helping my wife fight cancer, but this company took control of my business and wouldn’t give it back.
The Lesson: I went to a fitness event and took order for more than 200 units, but some customers had to wait as long as two-plus months for deliveries. I had only seven cancellations during that time. I ended up taking all the old inventory I couldn’t sell because it was damaged and my son and I worked on repairing it so I could continue to sell them. The new inventory finally arrived, and within a few months, business was stronger than it had been before. I field suit against the company I’d done business with, and within a year, the person who perpetrated this takeover had died, and the others in the firm didn’t want to keep fighting. They gave me possession of my trademarks and patents, but no money. I learned that people are the greatest assets we have. The relationships we develop with people are truly the greatest assets. My manufacturer was the greatest, and my customers were the best. I felt I couldn’t let my customers down. I didn’t let them down and they didn’t let me down. I also learned that even if you think you’ve had a long-term relationship with a company, even if you think you can trust them, you don’t know what will change in their life or in your life. If you’re going to enter into an agreement, even if you believe and trust in the people, it’s far wiser that you have things clearly written before you enter into an agreement before you’re compromised.