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June 18, 2013

Written by Bob Meyer, Editor of BarterNews

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From the desk of Bob Meyer... 06/18/2013

An Incredible (Really Unbelievable) ROI

According to CNBC’s Rick Zantelli (on-air editor from the floor of the Chicago Board of Trade), as reported on the 6/12/2013 program, for every $1 spent in Washington D.C. on lobbying efforts by various companies/organizations/entities the return is an astronomical $222 … or a 22,000% return on investment.

Tom Greco’s Mission Underway

Monetary expert Tom Greco has begun an ambitious 9-week informative mission, which begins in Europe. Succinctly, he will be spreading the word that there is an option to the growing worldwide debt crisis, which has been brought about through the central banks’ deficit spending policies. The debt crisis option is the adoption and the building of widespread decentralized, community-based, credit-clearing networks.

You can follow Greco’s efforts here: http://beyondmoney.net.

Peer-to-Peer Lending Growth Is Impressive

Peer-to-peer (P2P) lending sites, the online clearinghouses where people are matched with investors in order to receive money for paying off debts, starting businesses or funding home improvements, are growing dramatically.

The two major P2P sites, Lending Club and Prosper, are poised to have their biggest year ever. In the first four months of 2013, Lending Club made more than $480 million in loans to more than 31,000 people — roughly triple its numbers from the same period in 2012. Prosper made more than $50 million in loans in the same period, up about 20% compared to last year.

All back issues of "From the Desk...” can be accessed by clicking here.

(Please feel free to forward our newsletter to your friends and colleagues. We have a “box” at the end of the newsletter for your convenience. See you next week. . .)



BarterNews.com — World’s Largest Depository Of Barter Information

Hundreds of valuable articles, techniques, and strategies are found in the following various barter categories:

Ř  Entrepreneur’s Corner,

Ř  Travel,

Ř  Media,

Ř  Trade Exchange,

Ř  Corporate Barter,

Ř  Offset & Countertrade,

Ř  Secondary Capital,

Ř  Real Estate,

Ř  Community Barter, and

Ř  Restaurant & Entertainment

(The Barter Categories are found on the horizontal bar at the top — 3rd button from right.)


ITEX Corporation Third Quarter Report

ITEX Corporation (OTCBB: ITEX) has filed its Form 10-Q with the Securities and Exchange Commission and announced results for its fiscal 2013 third quarter ended April 30, 2013. (ITEX is the largest trade exchange in North America with over 23,000 members.)

Third Quarter 2013 Highlights — Compared to same quarter 2012:

  • Income from operations increased 9% to $354,000, compared to $324,000.
  • Earnings per share increased 43% to $0.10, compared to $0.07.
  • Revenue declined 8% to $3.475 million, compared to $3.787 million.
  • Selling, general and administrative expenses decreased 21% to $345,000, from $435,000.
  • Quarterly cash dividend increased 25%, to $0.05 per share.
  • During the nine-month period, the corporation repurchased and cancelled 23,763 shares of common stock.

Subsequent Events:

On May 31, 2013, the board declared a quarterly cash dividend of $0.05 per share payable on June 20, 2013. 

On May 14, 2013, a new look and refresh of the ITEX website was launched. To view the new site, click here.  


Is Your Trade Exchange Missing Out On Valuable New Business?

If 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:

To make changes to your listing click here.

For new listings click here.


Trade On Your Publicity Using These Ten Steps

Regardless of whether your business is just getting off the ground or you’ve been around a long time, when the press gives you good publicity it’s time to swing into action.

Use that article in ten powerful ways to enhance your visibleness, memorableness, and credibility.

  • Mail a copy of it along with a formal announcement about a scheduled special event or the opening of your business to clients, colleagues, friends, and relatives.

  • Use it as the basis for building a media kit for getting future publicity, or for getting booked to give speeches and stage seminars.

  • Send it along with sales letters to prospective customers.

  • Staple your business card to it and give it away at networking meetings in place of a flier or brochure, as a way of telling who you are and what you do.

  • Use a quote from it in a flier, brochure, or promotional newsletter.

  • Include it in a portfolio of testimonials and/or samples.

  • Add it to handouts you distribute at networking groups, special events, demonstrations, or presentations. 

  • Have it blown up and mount it on an easel for display at a trade show or exhibit booth to attract attention.

  • Make reference to it in your biography, and incorporate it into written proposals. For example, “Joe Smith of XYZ Company has been featured in such publications as ...”

  • Display a large copy in your office, near your front door, or where it will be visible to passers-by.

By following the above suggestions, the publicity that you obtained will have an extended life. One that’s beneficial for both you and your business.


* * ANNOUNCEMENT * *

We have packages of back issues still in print, approximately 30 issues in all.
To order: Click here


When Pursuing New Accounts Use The Greatest Closing There Is

A large Southern California printing company used this strategy when they entered into the intense bidding for a large job with the prestigious Walt Disney Company. In the end the printer was successful in landing the job. They believe they cracked this valuable new account by thinking differently, when they told Disney, “You don’t have to pay us in all cash.”

In short, they struck a deal with the Walt Disney Company wherein they agreed to take 25% of the payment in Disney’s products — baseball tickets and hockey tickets. (At the time Walt Disney Company owned the Anaheim Angels baseball team and the Anaheim Mighty Ducks hockey team.)

By putting on their barter cap the printer obtained great seats, which were terrific gifts for their numerous employees as well as special vendors and clients. Some of the tickets were moved into their local trade exchange for credit to their account.

And Disney certainly benefited by saving on cash outlay. Plus they filled empty seats, which added to the atmosphere at the games as well as profits ... fans would be paying cash for parking, souvenirs, food and beverages. Since then, Disney has begun demanding reciprocity from all of their vendors according to the printer.

You too can get your foot in the door by following the same creative strategy when calling on new accounts. Use the greatest closing there is by accepting whatever products or services they sell. Then take that trade payment and use it in your operation, or move it into your trade exchange for credit if it’s not useful to you.


Money-Making Reports Available From BarterNews

Pursue The Passionate & Avoid The Zombies

By Mark Hopkins



Whether we like it or not, we become more like the people we spend the most time with — and most people’s time is spent at work. Who you choose to spend time with in the office can affect your learning curve and, consequently, how prosperous you become. In order to learn everything you can to achieve your vision, you need to surround yourself with colleagues, employers and clients who are on fire, people who have a clear vision.

This is true of friends and even romantic relationships, but it’s especially true of the people you work with. The goal is to accelerate learning while making it fun. Being with people you like who are also skilled and prosperous allows you to almost effortlessly develop the same skills that make them successful. The transformation happens through osmosis.

The people you choose should admired for their determination, for the knowledge they’ve acquired, for the values they live by, and for their efforts to achieve success — not only in their job, but in their life. To help you spot those people, look for the following six attributes.

  • The proactive: Those who are designing their life with a plan in mind.

  • The goal-oriented: People who constantly give themselves something to work toward, and a way to build a sense of accomplishment.

  • The passionate: People who exude energy and ideas, and follow them through to achieve great things.

  • The curious: Those who are constantly exploring and learning, are multifaceted in their interests, and enjoy sharing what they’ve learned with others.

  • The unconventional: Those who are innovators, who ignore the nay-sayers and make their own paths.

  • The connected: People who may know other people whom you could turn to for career advice or help.

Spending more time with these kinds of people will not only provide you with a shorter path to prosperity, but will also be a lot of fun. So remember: pursue the passionate, avoid the zombies. Try it! 

(Mark Hopkins is the author of Shortcut to Prosperity: 10 Entrepreneurial Habits and a Roadmap For An Exceptional Career. After building a leadership career with companies like Hewlett Packard and Emerson Electric, Hopkins founded Peak Industries, a medical device contract manufacturer, which he grew to $75 million and later sold to Delphi. He then founded Crescendo Capital Partners, a private equity firm, and Catalyst, a private foundation supporting both Colorado-based nonprofits and micro-lending in the developing world.)

For more information, visit www.shortcuttoprosperity.com and follow Mark on twitter@10shortcuts.


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The Growth and Use of Secondary Capital (New Money) Creates Unprecedented Wealth In Today’s New Age Of Possibility

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... www.barternews.com/secondary_capital.htm.


Get New Money-Making Ideas And Valuable Contacts!

You can obtain useful, informative ideas and contacts in every available back-issue of BarterNews.


Every barter company in the world is listed on our web site, click through to our Global List of Barter Companies.


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We welcome your comments, questions, and observations.

© Copyright BarterNews 2013. Redistribution of BarterNews content expressly prohibited without the prior written permission of BarterNews.
 

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