Oct 23, 2009
Utah Governor Honors MonaVie at Utah 100 Awards
In a special awards ceremony held at the Grand America Hotel on October 23, 2009, the MountainWest Capital Network announced its annual Utah 100 ranking of the fastest-growing companies in Utah. MonaVie Founders Dallin A. Larsen and Randy Larsen were honored with a crystal trophy on behalf of MonaVie, as the No. 1 fastest-growing company on the Utah 100 list and No. 3 in highest revenue growth in dollar terms.
"You're the ones that are the engine driving the economy," Utah Governor Gary Herbert told representatives from Utah's top entrepreneurial companies. The annual program recognizes the 100 fastest growing Utah companies, the 15 Top Revenue Growth companies, and 12 Emerging Elite companies.
In an exclusive interview in the November Utah 100 edition of Utah CEO magazine, Dallin says that direct selling is coming of age. Pointing to Warren Buffet's purchase of The Pampered Chef a few years ago Dallin said, "That was a turning point in direct selling. A lot of naysayers looked at that and said, 'Wow, if perhaps the savviest investor in the world wants to invest in a direct selling company, then maybe there's more to this as a business model.'"