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August 9, 2005
Written
by Bob Meyer, Editor of BarterNews
We
Want You To Know...When you sign up to receive the
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will never be sold, traded, or given to another party.
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Outside Turnaround Specialist Bartering Services
Consulting company
Kroll Zolfo Cooper LLC is working with Krispy Kreme Doughnuts on
an equity-based “success fee,” for compensation. KZC
will receive a warrant for 1.2 million shares for management services
delivered during the period Krispy Kreme looks for a new chief executive.
(The warrant will entitle the purchase of 1.2 million shares at
$7.75 apiece and exercise them on the later of January 29 or 30
days after the company hires a new boss.)
Every Billionaire In The World
Used At Least One Of These 9 Strategies
A most fascinating
article on the above headline will be published in the September
issue of The Competitive Edge newsletter. (See the following
article for more information on this valuable newsletter.)
Three of the
nine billionaire strategies incorporate, in one way or another,
barter. If you are operating a barter business and want to get your
clients truly excited and motivated to use the world's most exciting
and profitable business tool it's time for you to take some action!
Learn what the three strategies are and then point them out to everyone
in your exchange, as well as all of the prospects you to talk over
the next decade!!
Start right
now...use The Competitive Edge, a most valuable marketing
tool to build your business in addition to helping your clients
build their wealth! Give Bob Meyer a call today for full details
(949) 831-0607.
Trade
Exchange Owners...
Build Rapport And Empathy With Your Client Base!!
The most powerful
marketing tool in the barter industry, The Competitive Edge
newsletter, is a monthly, ready to use, professional 4-page publication...no
work is needed!
To
learn more about The Competitive Edge newsletter and how
it can help build your trade exchange, click
here.
Deserved
Kudos To Twenty-Eight-Year BXI Veteran Jack Denny
In December
1976, Jack Denny and Phil Gill became the first two area franchise
directors for BXI. Gill retired several years ago and Denny, one
of the real gentlemen in the barter industry and the area director
for Oklahoma City, stepped down effective December 1, 2004.
Still physically
and mentally active at 72, Denny expects to remain involved and
continue to trade...but it will be on his own account now. BarterNews
and the barter industry salutes Jack Denny for a job well done,
and for his 28 years of effort on behalf of the hundreds of businesses
he helped in Oklahoma City!
Get
New Money-Making Ideas And Valuable Contacts!
You can obtain
useful, informative ideas and contacts in every available back-issue
of BarterNews.
New York Dealer Trades Artworks In Substantial Real Estate Deal
Graham Arader,
a New York art dealer, has purchased the Nyack mansion formerly
owned for over fifty years by actress Helen Hayes, and later comedian/talk-show
host Rosie O’Donnell. Arader negotiated for the $5.85 million
mansion by paying cash and providing the seller with an art credit
which can be used toward any purchase at Arader’s Manhattan
gallery.
Now
available ...BarterNews issue #64, get your copy
now! Orders will be shipped within two business days of publication.
Click on Order Form.
(If you
are not sure if your subscription has lapsed, e-mail your name,
address, and zip code to bmeyer@barternews.com.
A
look back from
Tuesday Report October 5, 1999
Change
Ahead For Barter Industry As High Tech Marries High Touch
Editors
Note: Predicting the future is exceedingly difficult as the following
article, written five years ago in 1999, shows. As you may recall
substantial new capital came into the commercial barter industry
for the first time. And most thought dramatic change would soon
be at hand, led by publicly-traded barter companies.
As
we now know, the venture capital money made some key acquisitions
but they never made it to the IPO stage before the dot-com implosion,
which began in March of 2000.
However,
technology has continued to push onward and trade exchanges have
taken advantage—in various degrees—of the technological
advances. And consolidation is taking place within the industry,
although they are far different players than what was projected
five years ago.
Furthermore,
independent trade exchanges within various geographical areas are
moving forward in more cooperative endeavors...case in point, the
forward thinking Barter Financial Group located on the East Coast.
Here
then, is the story as written five years ago. . .
Last week we
pointed out the biggest change in the 40-year history of the trade
exchange industry is underway, coming in the form of a new "clicks
and bricks" business model. This phrase was succinctly explained
by Val Vaden (partner at Vector Capital) at the International Reciprocal
Trade Association's 20th Annual Barter Congress held September 23
- 26 in Vancouver.
Vector Capital
and El Dorado Ventures are funding a new company, BarterTrust.com,
which is headed by Mike Edelhart (an internet guy and former VP
of Softbank) who will provide the "clicks," or internet,
expertise.
The "bricks,"
or off-line, expertise will be supplied by the three trade exchanges
BarterTrust.com has acquired: Ray Bastarache's Barter Network, Sue
Groenwald's BarterCorp, plus Chris Haddawy and Greg Pavlov's Barter
Business Network.
Wall
Street, Publicly-Traded Companies Will Fuel Change
Industry leaders
anticipate that members of trade exchanges will benefit from the
new business model of "clicks and bricks." Barter companies
now publicly-traded (OTCBB) are: Ubarter.com, eBIZnet, Cinnabar,
Mutual Exchange International, and ITEX. Next year it's anticipated
several better funded companies will be on the scene with IPOs:
BarterTrust.com, Bartercard of Australia, barter.com, and TradeBanc.
Better,
Faster Service
Operationally,
Patti Falus, a top broker from Ubarter.com, provided a look into
the future with her comments at the IRTA convention. "Things
are going to change dramatically. There will be a greater array
of products and services available as the industry grows. Our industry
is going to be huge, and it's happening much quicker than expected.
"For example,
who can wait for samples to be shipped? It's important to have the
information online to view, it's just so much easier, faster and
cost effective. I even see prices dropping for some goods/services.
Think of the magnitude of being able to trade at a price lower than
cash! It's unbelievable what's happening and what can happen when
you bring the internet into play."
More
Consolidation...Greater Cooperation
The industry
will change as consolidation continues. There will also be a flurry
of joint ventures and strategic alliances forming. Look for independent
exchanges within geographical areas becoming much tighter. A "circle
the wagons" mentality will likely surface, and working cooperatively
with one another will become the norm. Ultimately, the winner will
be each trade exchange's client base, as service will become paramount...online
as well as off-line.
Every
barter company in the world is listed on our web site,
click through to our Global List
of Barter Companies.
Another Perspective On Globalization
Martin Wolf,
author of Why Globalization Works, says the future isn’t going
to be as difficult for workers as some pundits suggest. Wolf points
out that most jobs in developed economies are in services, and most
services can still only be consumed and produced locally. McKinsey
Global Institute estimates that only about 11% of the 1.46 billion
service jobs worldwide could be performed in foreign locations anytime
soon.
Second, capital—defined
as not just physical capital but also social capital, such as laws
and culture, and human capital, such as education, language skills,
and experience—is not nearly as mobile across borders as is
commonly thought. That means workers in advanced countries may continue
to enjoy productivity and wage advantages.
Finally, there
are still few truly multi-national companies, and they continue
to locate more than 75% of their production, employment, and capital
spending in their home countries.
Give
A Gift To A Friend Or Associate. If you know someone
who might benefit from this newsletter, feel free to forward it
to them! (See the “box” at the end of the newsletter
for the forwarding service.
Here
& There...
- Bartercard
was one of the sponsors of the Australian polo team. Although
they were underdogs, much to everyone’s surprise the Australian
team competing against England on England’s turf, in front
of a home crowd of 25,000 and riding borrowed horses, pulled off
a major upset in overtime. Needless to say, Bartercard’s
CEO Wayne Sharpe and staff celebrated their sponsorship and victory
with well-deserved champagne!
- International
Monetary Systems (OTCBB:INLM) has announced that the company’s
gross revenue for July was $516,000, an increase of 37% over July
of 2004. The increase was attributed to recent acquisitions in
Connecticut, Nevada, and Tennessee.
- 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!
- It was good
to read about Kevin Turner’s new position as third executive
at Microsoft, because it’s a phenomenal success story. Turner,
40, started at Wal-Mart in 1985 as a clerk in Oklahoma. He rose
through the company’s ranks, becoming chief information
officer in 2000 before advancing to CEO of the company’s
$37 billion Sam’s Club unit.
Now Microsoft has hired him away from Wal-Mart with a $7 million
signing bonus. He also will receive 320,000 shares of Microsoft
stock currently valued at $8.7 million, along with other incentives,
in addition to an annual salary of $570,000.
-
Low-cost carriers
are set to enter the Mexican airspace in mid-2006. The government
is encouraging this as a way to spur growth. Additionally, the
Mexican government plans to hold an auction next year of the
country’s two flagship airlines—Mexicana and Aeromexico—to
enable further competition in fares and service.
-
India is also on
the brink of a new era of travel, with 10 new discount airlines
planning to enter the market over the next 18 months. They are
all banking on heavy volume from first-time passengers.
India now has one
low-cost carrier, Air Deccan, which was launched 19 months ago.
Last year the airline’s traffic was one million, this
year it’s estimated to come in at 4 million, and next
year Deccan is expecting to fly 8 million passengers.
-
The hotel market
is hot again, with investors pouring money into hotel-management
companies and making real-estate plays. The big public companies,
including Marriott International (which owns Ritz-Carlton),
Starwood and Hilton Hotels, all continue to shed their real-estate
assets to focus more heavily on management.
-
In Orange County
(CA), a hotbed for real estate, more buyers are “piggybacking”
or using two loans to buy a home. Also known as double-dipping,
the bottomline is that when both loans are tabulated the buyer
acquires the home with practically no money down and the loan-to-value
ratio runs above 96%.
-
Thanks to the Firestone
Media Group for sending along the China Media Advisory.
We found the story on the development of Shanghai’s traffic
growth to be startling!
It reports
that the number of passenger cars on the road presently totals
almost two million. The traffic flows, which were forecast for
15 to 20 years from now, are here...and may well explain why
it can take one-hour to drive 7 miles in Shanghai. But most
interesting to note, was the incredible $4,600 per-year cost
to register a car in Shanghai—which is twice the city’s
per capita income!
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