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October 13, 2015

Written by Bob Meyer, Editor of BarterNews

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From the desk of Bob Meyer... 10/13/2015

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...)

IRTA Cabo Convention Huge Success!

The International Reciprocal Trade Association's convention in Cabo San Lucas was a big success, according to attendees. Industry veterans, new exchange owners, complementary currency experts and banking officials gathered from across the globe to learn, network and collaborate for the betterment of the industry.
The convention provided two days of educational seminars on the most relevant topics of importance to the industry. "It really was a wonderful convention with lots of positive energy and goodwill at an amazing venue," said IRTA's President Annette Riggs.
Major award recipients included:
⇒Bob Bagga (BizX), the Hall of Fame Award
⇒Sirri Simsek (Turk Barter), the Paul St. Martin Award
⇒Carl Steinbrenner, Esq., the David Wallach Outstanding Achievement Award
⇒Fred Detwiler (TradeFirst) and Jeff Burkhardt (Corporate Barter Network), the Legends of Barter Award
⇒Patty Weston (IRTA & UC) and Maree St. Clair (BPS Technology), the Outstanding Achievement Award
⇒Kerri Khalasawi (TradeFirst) and Bruce Kamm (Virtual Barter), the IRTA Executive Director Appreciation Award. 
For more information on IRTA, click here.

 IRTA - Cabo
IRTA Video Competition- Check out the rules & the prizes for the best!
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IRTA & ITFC Forge Agreement Barter System In OIC Countries

IRTA has signed an important consulting agreement with the International Islamic Trade Finance Corporation (ITFC) to provide an action plan for the creation and implementation of a multi-tiered barter system that will include retail, corporate barter and counter-trade components.
The CEO of the ITFC, Dr. Waleed Al-Wohaib, attended IRTA’s recent convention and signed the IRTA/ITFC consulting agreement with IRTA's President Annette Riggs on September 17, 2015.
The ITFC is the trade finance arm of the Islamic Development Bank (IDB). The ITFC's mission is to increase trade and economic activity for its member countries and develop new partnerships.
The completion of the afore mentioned consulting agreement is representative of IRTA's determination to help facilitate meaningful barter related programs internationally, to improve regional economies and to reduce unemployment. 

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Is Your Trade Exchange Missing Out On Valuable New Business?

If your barter company's listing on isn't current, you are definitely missing out on new business. The web site 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:

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How To Get More Sales In Hyper-Competitive
Restaurant Industry

Our street-smart restaurant marketing report shows proven ways to rapidly boost your restaurant's sales & profits.

News For You

New Study Shows Similarities
A new study from JD Power & Associates, of more than 20,000 hotel guests from eight countries, confirmed that price and location are the top factors in picking a hotel. The only exceptions were the Italian travelers who ranked a hotel's reputation above price, and Spanish travelers who ranked previous experience higher than price when booking a room.
Talent Is Undemocratic
If you work hard enough, the maxim goes, you can do anything. This is one of those notions that is so stupid it has to embody a deeply held belief. If you work hard enough, you can be a poet. If you work hard enough, you can become a brain surgeon, a model, or the president.
Obviously no one believes those things … meritocracy resists the fact of talent, because talent is not merited. Beauty, artistic ability, athletic gifts, big brains: these are all just things you’re born with, however much you may be able to develop what you’ve been given. Talent is undemocratic.
(William Deresiewicz, American essayist and critic. Source: American Scholar blog.)
Bootstrapping — A Different Way Of Thinking
Bootstrapping is the art of learning to do more with less. It’s not about writing 200-page business plans, power lunching with venture capitalists or triple-mortgaging your home to pay legal and accounting fees. A company that is started and built around a culture of bootstrap management understands that all resources are scarce and that cash must be cherished.
Entrepreneurs across America have repeatedly started successful businesses on a wing and a prayer, plus one special ingredient: an understanding of the art of bootstrapping. Imagine building one of the most recognized brands in the winemaking industry with a few hundred dollars. That’s exactly how Ernest and Julio Gallo started in 1933 in Modesto, California.
They were turned down for a loan by several banks, so they convinced local farmers to provide them with grapes, deferring payment until the wine was actually sold. They also convinced manufacturers to sell them crushing and fermenting equipment on 90-day terms. Today, the company started by those bootstrappers enjoys worldwide sales approaching one-billion dollars annually.

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...

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