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June 24, 2008

Written by Bob Meyer, Editor of BarterNews

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From the desk of Bob Meyer...06/24/2008

Ozone Barter Becomes BarterVista

Ozone Barter has changed its name to Barter Vista. The company is focused in Singapore and the Asian region.

For more information see www.bartervista.com.

High School & College Graduates Want To Be Entrepreneurs

Half of all new college graduates now believe that self-employment is more secure than a full-time job. And with 80% of the U.S. colleges and universities now offering courses on entrepreneurship, 60% of Generation Y business owners consider themselves to be serial entrepreneurs, according to Inc. magazine.

Eighteen to twenty-four-year-olds are starting companies at a faster rate than 35 to 44-year-olds. And 70% of today’s high-schoolers intend to start their own companies, according to a Gallup poll.

IndyStar Publishes Barter Article

Stretching cash in an economic downturn is a popular idea. Examples here show how members of trade exchanges are avoiding dipping into cash reserves and taking out loans. (Click here.)

World Population Will Hit 7 Billion In Four Years

As the global community struggles with finding enough natural resources for today’s population of 6.7 billion people (we hit the 6 billion number in 1999), in a few short years we will hit 7 billion.

The first billion was reached in 1800, and it took 130 years to reach 2 billion. The U.S., presently with 304 million, is the third largest nation after China and India according to the Census Bureau.

Private Jet Fleets Expanding

Fast-growing private aviation company XOJet, started back in 2006 and backed by buyout firm TPG, is expanding with new secured financing of $2.5 billion. XO schedules about 1,000 flights per month.

NetJets, owned by Berkshire Hathaway, is the largest player in the private-aviation industry. With some 750 aircraft, they log over 1,000 flights per day.

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. . .)


* * ANNOUNCEMENT * *

25 Years Of BarterNews Issues Now In Digital Format

Welcome to the largest repository of barter contacts, strategies, and barter techniques in the world. All 64 issues of BarterNews now available in digital format at http://www.barternews-ezine.com.


BN was talking with David Wallach recently and our conversation veered to the term reciprocal trade. Wallach says our industry has never properly identified itself, and he offers the following content to better describe our industry's services.  

Wallach Offers Definition Of Barter Industry

By David Wallach

Ancient barter was man’s first form of commerce and consisted of the one-to-one direct exchange of goods and services. Advances in technology have greatly expanded and enhanced the scope of barter far beyond this limited one-to-one model.

In 2007, International Reciprocal Trade Association (IRTA) member companies using the “Modern Trade and Barter” process, made it possible for over 400,000 companies worldwide to utilize their excess business capacities and underperforming assets, to earn an estimated $10 billion dollars in previously lost and wasted revenues.

In terms of income, excess business capacity represents the difference between actual cash revenues received, and the cash revenues and profits that would be realized, if a business operated at 100% of its capacity. 

Most businesses are operating at less than 100% of their potential business capacity.

IRTA member companies can help your business realize lost revenues and make additional profits by making use of your excess business capacity. Consult the worldwide membership directory listing on this web site or an IRTA member company located in your geographical area.

Businesses that choose to participate in modern trade and barter will become a client of an IRTA member company. As clients when they sell their goods and services to other clients in the system they earn trade credits which are deposited into their accounts. They then have the ability to purchase goods and services from other member clients utilizing trade credit in their accounts.

IRTA member companies play a vital role as they provide organization, system management, record keeping, maintenance of transaction record and broker services to each member client.

All IRTA members companies adhere to a strict IRTA Code of Ethics. Businesses that utilize modern trade and barter can be assured that their trade credits are earned and spent within a network that is committed to a high standard of business by meeting requirements that prove the strength and sustainability of their exchange networks.

It is important to note that there are other forms of modern trade and barter. Some of these include complementary (or local) currency organizations, LETS (Local Exchange Trading Systems) and many other forms of alternative monetary systems to help local and regional economies.


IMS Holds Annual Shareholder Meeting

International Monetary Systems (OTCBB:INLM), a worldwide leader in business-to-business barter services, reported that all issues requiring a vote at the company’s annual shareholder meeting were overwhelmingly approved by an affirmative vote of 99.7%. 

Directors Wayne Emmer, Wayne Dalin, and Donald Mardak were reelected to three-year terms and Webb & Company was ratified as auditors for the company’s 2008 financial statements. Emmer is the president of Illinois Cement Co., Dalin is a CPA and former partner in the accounting firm of Dalin, Lindseth & Co., and Mardak is the president and CEO of IMS. 

CFO Danny Weibling and other board members reviewed IMS’    financial results for the past year and outlined their vision and plans for the future. 

In addition, members from IMS’ management, sales, brokering, marketing, and IT departments provided a “Team and Tools” presentation covering the progress and projections of these critical national operations. The presentation included a showcase of newly released projects including various features to the web site, the new online marketplace, and their proprietary barter commerce management clearing system: TNT, the Trade Network Tracking System. 

For more information go to www.ims.com.


Money-Making Reports Available From BarterNews

First Annual IRTA Video Awards Announced

Ron Whitney, IRTA executive director, announced that the first annual Video Awards will be held at the Westgate River Ranch near Orlando (FL) on September 22 thru 25 2008, during the 29th IRTA Annual Convention and Conference.

“This new award program will recognize outstanding Video Productions that have been created by barter industry member companies,” explained Whitney. “The Video Award Program will be opened to all conference attendees including those who are not current members of IRTA.”

“The use of video productions for sales presentations and web site use has increased dramatically over the past five years,” said Dave Wallach President of IRTA. “There are scores of very creative and entertaining video productions that members of our industry have created. The IRTA Global Board of Directors felt it was time to recognize and reward those efforts.”  

Videos entered in the competition will be viewed by all attendees during conference prime-time and judged for important production values, such as clarity of message, organization, creativity and effectiveness.

The winners of the competition will receive their awards at the concluding ceremony of the conference; their videos will be featured prominently on the IRTA web site.

IRTA is the oldest and most established barter, trade, and alternative
currency association in the world. IRTA’s global focus assures creative
input from a wide variety of companies and individuals with an unsurpassed collective industry experience.

For further information and an IRTA Video Award entry form please contact Ron Whitney at ron@irta.com or (757) 393-2292.


Hotel General Managers

Work With Audio/Visual Vendor On Barter

Collect cash, as usual, from the guest accounts staying at your facility that require the use of professional AV services. And rather than shouldering your ongoing employee costs, or your current vendor’s cash agreement for AV services, here’s a much better alternative:

Work with a proven national vendor (a sterling 25-year track record) who will provide all of the AV services for your hotel on a 100% TRADE BASIS! (Payment to be in the form of trade dollars.)

Your hotel’s annual AV billings must be a minimum of $200,000, and this offer is available only in the continental United States.

For a confidential introduction contact Bob Meyer via e-mail: bmeyer@barternews.com.

Attention Trade Exchange Owners:

If your member hotel(s) have a minimum of 10,000 sq. feet of meeting space and annual billings of at least $200,000 for AV services this is a great opportunity to earn substantial cash service fees on the hundreds of thousands of trade dollars your hotel member will be paying the vendor. Contact Bob Meyer at the above e-mail.


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Our Web Site Has A Search Tool For You

Ever wondered if a certain topic, person, or organization has been written about on the Barternews.com web site? Now you can easily find out, as we’ve added a search tool. It will quickly give you the answer to your questions, in 3 easy steps that take about 12 seconds!

At the top right of the page, just under where you sign up for the Tuesday Report you will see a little Google box. It is where you can (1) type in the name of a subject, company, or person. Then (2) click the button www.barternews.com to search the site, followed by (3) hitting the search button.


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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