April 26, 2016
by Bob Meyer, Editor of BarterNews
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The Monday Motivator!
24th edition of The Monday Motivator. Topic is about Self Esteem.
Click here to open pdf document.
IRTA Releases Cash Conversion & Lending Clauses Advisory
pointed-out in its February 25, 2016, Advisory Memo on
Cryptocurrency and Money Transmitters, the financial/banking system
is incorrectly categorizing barter exchanges as "money transmitters"
similar to Bitcoin-like cryptocurrencies. This misplaced
characterization has resulted in banks and merchant service
providers denying cash credit-line facilities and credit card
processing services to all sectors of the barter industry.
Additionally, some exchanges are unclear as to the actual role their
exchange plays in the trade dollar lending process that typically
takes place within a barter exchange system.
released Advisory Memo titled "Membership Agreement — Cash
Conversion & Lending Clauses" provides helpful membership agreement
clause language that can prevent banks and merchant services
providers from cutting-off their services to barter organizations.
This Advisory Memo also reviews the background of trade dollar
lending in barter exchanges and suggests clarifying language so as
to clearly articulate creditor/debtor relationship is collectively
between the members themselves.
Click on the links below
to read IRTA's "Membership Agreement — Cash Conversion & Lending
Clauses" Advisory Memo.
IRTA would like to thank the following
individuals for their substantive contributions to the creation of
the Membership Agreement Memo:
IRTA's Money Transmitter
Regulations Committee: Annette Riggs, Scott Whitmer, John Strabley,
Chong Kee Tan, Steven White and Ron Whitney.
Carl Steinbrenner, Esq., IRTA Legal Counsel
Martin Sklapsky, Esq., General Counsel, IMS
Stephen Tollefsen, Esq., Tollefsen Business Law PC
If you have any questions or comments, please contact
IRTA's Executive Director, Ron Whitney at email@example.com or 757-393-2292.
Growth Is Not A Mistake …
It Takes Focus & Understanding
The founder and CEO of Gazelles, Verne Harnish, says
companies hit a wall when they reach a certain size and unless they
take the right steps they're doomed to remain small. The biggest
challenge for companies with revenues of $1 million to $10 million
is often the role of the founder … for three reasons.
1) As the business becomes more complex the entrepreneur simply doesn't
have the time to devote to the task he or she has always done best.
Subsequently, that task is likely to become a weak link in the
organization. A critical decision must then be made to bring in a
person to replace you in what has always been your forté. (Often
it's sales and marketing.)
2) As products
and customers are added, the original accounting system likely won't
be robust enough to track all the costs. In short, growth
geometrically increases the complexity; without enough detail you
may not know where you’re really making the money.
3) Once you're above $10 million the gross margins fall apart, because
now your company is on the radar screen. Competitors have taken
notice. Meanwhile the size of your orders increases, and customers
start demanding a discount.
In order to combat this, you have
to become laser-focused on your value proposition and know why
you're different than your competitors, so you can hold onto your
price. One way to differentiate from your competition is to use
barter as a part of your selling effort. Barter is a value
proposition your buyers will understand and embrace.
BarterNews.com — World's Largest
Hundreds of valuable articles,
techniques, and strategies are found in the following various barter
Offset & Countertrade,
Restaurant & Entertainment
Categories are found on the horizontal bar at the top - 3rd
button from right.)
Keep Crooks Away While You’re Away
We all know
that officials suggest letting someone, like a trusted neighbor or
relative, know that the home will be empty and asking them to check
in every once in a while. But with the advent of social media —
Twitter, Facebook, YouTube — how we operate in certain situations
needs to be reconsidered.
The following are modernized ideas
for keeping your home safe:
♦ Do not
update social media with vacation plans.
♦ Wait to post pictures until you return.
Talk to family about postponing social media updates.
♦ Check security settings of your social media.
♦ Ask a trusted neighbor to clear away mail and newspapers.
♦ Place indoor and outdoor lights on a timer that resembles your
♦ Leave talk radio on
to give the appearance that someone is at home.
♦ Take your garage door opener out of your car.
♦ Lock garage door from inside, and unplug the door opener.
♦ Keep up with front lawn maintenance.
♦ Check to see if your local law enforcement agency offers vacation
Money-Making Reports Available From BarterNews
Is Your Trade Exchange Missing Out On
Valuable New Business?
your barter company's listing on BarterNews.com isn't current, you
are definitely missing out on new business. The web site
BarterNews.com receives heavy traffic - with over 150,000 page-views
every month. Entrepreneurs and corporate executives check the
thousands of articles, the weekly "Tuesday
Report," and the "Contacts
Section" of our site. They use the latter to find barter
companies with which to do business.
Is your barter company's listing up-to-date?
To keep your listing current is very easy. See the links below to (A)
update any changes to your company's listing, such as new location,
phone number, web site or other information, and (B) if your company
has not been listed.
Here's how to get on board:
make changes to your listing
How To Get More Sales In
Our street-smart restaurant
marketing report shows proven ways to rapidly boost your
restaurant's sales & profits.
The Growth and Use of Secondary
Capital (New Money) Creates Unprecedented Wealth In Today's New Age
There are many forms of secondary
capital — which can be defined as any financial instrument that
measures and communicates value in a common language. Would you like
to see and learn more about the many forms of secondary capital?
We have 70 free, informative and
inspiring, articles for you in our "Secondary Capital Section."
Check it out...
Get New Money-Making Ideas And
obtain useful, informative ideas and contacts in every available
back-issue of BarterNews.
barter company in the world is listed on our web site,
click through to our Global List
of Barter Companies.
We welcome your
comments, questions, and observations.
Copyright BarterNews 2016. Redistribution of BarterNews
content expressly prohibited without the prior written permission of BarterNews.