October 13, 2015
by Bob Meyer, Editor of BarterNews
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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.
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.
award recipients included:
⇒Bob Bagga (BizX), the Hall of
⇒Sirri Simsek (Turk Barter), the Paul St. Martin
⇒Carl Steinbrenner, Esq., the David Wallach Outstanding
⇒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
(TradeFirst) and Bruce Kamm (Virtual Barter), the IRTA Executive
Director Appreciation Award.
For more information on IRTA,
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
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
Money-Making Reports Available From BarterNews
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Valuable New Business?
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How To Get More Sales In
Our street-smart restaurant
marketing report shows proven ways to rapidly boost your
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News For You
New Study Shows Similarities
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
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
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
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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