August 3,
2004 Written
by Bob Meyer, Editor of BarterNews
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Barter
Industry Research Underway...
Your Valuable Input Is Requested And
Can Remain Anonymous
The International
Reciprocal Trade Association (IRTA) has launched their statistics
gathering effort to determine valid and reliable barter industry
statistics. This information is increasingly important as business
communities, media, governments, and financial industries around
the world continue to take notice of our industry.
IRTA is called
upon regularly to give interested parties information about the
barter industry such as size of the industry, average annual growth
rate of barter, number of clients that engage in barter, etc. It
is important that we produce valid and reliable information. To
do so, we need your help!
You
are not required to be an IRTA member, nor are you required to join
IRTA in order to participate. Your response can remain anonymous
if you choose. We simply ask every barter exchange owner
to take a few minutes to provide answers to several short questions.
Simply click on the following link to access a short questionnaire
that, when completed by you, will provide the collective information
we need to do this job on behalf of the industry:
www.esurveynation.com/irta/irta.htm?1096
IRTA has contracted
with Lewis and Clark Research to collect the responses, analyze
the data and produce a report of findings, so information about
your specific company will be kept confidential. The questionnaire
should take no more than 10 minutes to complete.
If you have
any questions about this survey, please contact Krista Vardabash
at 585-424-2940. For technical assistance with the survey, please
contact help@readersurvey.com.
Thank you for
your assistance in this important industry project. The time you
spend in generating the information will be to your benefit and
the benefit of the entire barter industry.
Get
New Money-Making Ideas And Valuable Contacts!
You can obtain
useful, informative ideas and contacts in every available back-issue
of BarterNews.
Don
Mardak Busy With Interviews & Acquisitions
Don Mardak,
CEO of International Monetary Systems (OTCBB:INLM), was interviewed
by three business web sites last week. He also announced the completion
of another acquisition for Continental Trade Exchange...Barter Network
Inc. in the Washington (DC) area.
Spreading the
word and awareness through his interviews with wallstreetreporter.com,
macreport.net, and wallst.net, Mardak explained how commercial barter
expands profitability by bringing in new customers and helping utilize
excess capacity and unsold time. The interviews can be heard by
logging on to the various web sites.
Regarding the
latest acquisition, Mardak declared, “Based upon BNI’s
past performance, this transaction should add approximately 8% to
our annual gross revenue. We are very enthusiastic about serving
clients in the seventy-five mile radius of the nation’s capital,
which represents the fourth or fifth largest market in America.”
The
Secret Of Achieving More With Less
The September
issue of The Competitive Edge newsletter has an exceptional
article which focuses on how to achieve more with less!! Trade exchange
owners, who sincerely want to help their clients achieve more, should
provide them with this valuable information and powerful way of
thinking! For more info on the monthly newsletter click
here.
Re-employment
Of Executives Drops Dramatically...
Could Barter Industry Be An Answer?
The Bureau of
Labor Statistics reports that the re-employment of executives between
the ages of 55 and 64 sank from 58.8% to 52.5%...the lowest rate
since the early 1990s.
There is consequently
an abundance of intellectual talent going to waste. And due to mergers
and consolidation, as well as various industries where drastic downsizing
has taken place, many of these jobs are lost forever.
This means that
a whole generation of people could miss out the last ten years of
income needed for their retirement, if they aren’t re-employed.
Given the realities of today’s marketplace, and with so much
talent and experience, these executives should expand their thinking
and look into an exciting opportunity—the barter business!
Here’s
my suggestion...consider the various niches the barter business
offers. Take immediate action by planning to attend one or both
of the national conventions happening in September:
The
National Association of Trade Exchanges will meet in Las Vegas,
Sept. 9 - Sept. 11 (www.nate.org).
The
International Reciprocal Trade Association will convene in Cancun,
Sept. 30 - Oct. 3 (www.irta.com).
Every
barter company in the world is listed on our web site,
click through to our Global List of
Barter Companies.
BarterNews
issue #62 is now available...Get
yourself a copy now! Orders are shipped within two business days.
(Click on Order Form.)
New
Study Shows Ambition Knows No Gender
A majority of
senior executives, both male and female, at Fortune 1000 companies
want to become their employer’s chief executive. The survey
by Catalyst, a New York research group, indicates women with children
at home yearn to occupy the corner office as much as those without
children.
The study of
948 officials at the vice president level and above, dispels the
popular notion of why few women hold high-level business posts—because
they supposedly don’t aim high enough.
In 2002, women
accounted for only 15.7% of corporate-officer positions and 5.2%
of top earners at Fortune 500 companies, a prior Catalyst study
showed.
Even more telling,
the vast majority of women in top jobs hold staff rather than line
positions which oversee a business that earns money for their employer.
And women occupy just 9.9% of line corporate-officer jobs, those
that are most likely to lead to the very top.
Women also confront
an additional and even more pervasive set of culturally related
barriers—such as exclusion from informal networks, stereotyping,
lack of role models, and inhospitable corporate culture—experienced
by very few men, the report said.
To improve women’s
chances of taking over the chief executive post, it was suggested
that companies formalize career-development programs and give promising
female executives more “stretch” assignments.
Did
you know that your classified ad gets one full year exposure in
the
Tuesday Report archives?!
For
information on The Barter Marketplace click
here.
The
Barter Marketplace archives click
here.
Here
& There...
- Ginger Lai,
founder and president of ABC Barter, located in Alhambra (CA),
reports they’ve recently exceeded $1 million in annual multi-directional
trades. The company is projecting to more than double their trading
volume in 2005.
- Wealthy Americans
showed the highest level of economic optimism in seven quarters,
but their spending is stalling slightly amid concerns about Iraq,
energy prices and a real-estate bubble, according to McDonald
Financial Group’s latest Affluent Consumer Confidence Index.
The Conference Board,
a private research group based in New York, reported similar
results. Their index of consumer confidence in U.S. business
conditions is at the highest level since June 2002—a two
year high.
-
Have you
signed up to receive a summary via e-mail of the Tuesday
Report every week? If not, go to the top of this issue
(right hand corner) and sign up!
-
China entrepreneurs
have been told by a top economic official that the government
would “encourage, support, and guide” private companies
by creating a level playing field for them. This means granting
preferential treatment to private companies the same as state
companies and repealing restrictive laws.
The announcement
came four months after the ruling party amended China’s
constitution to protect private-property rights for the first
time.
-
Bruce Hovis,
founder of Jamaica Trade International, located in St. James,
Jamaica, passed away earlier this year.
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