From
the desk of Bob Meyer...12/23/2008
IMSBarter Appears On
CBS Evening News
IMSBarter
(OTCBB:INLM) was featured on the CBS Evening News “Weekend
Journal” Saturday, December 13. Don Mardak, CEO of IMS, was
interviewed as were several members of IMSBarter.
The
program can be viewed at
www.IMSBarter.com.
Daughter Of TradeAmericanCard Owner Receives
Raves From Whoopi Goldberg
Allison
Ames, daughter of Mike Ames (founder of TAC) and Sondra
Ames, is the founder of Newport Beach-based Wonderland
Bakery. Her gingerbread cookie was chosen the best from
across the U.S. by Whoopi Goldberg on “The View,” a morning
TV talk-show aired nationally. Within 30 minutes of the
airing Wonderland Bakery had processed 700 orders.
For more
information see
http://www.WonderlandBakery.com.
Barter Party Organized By Women
The Boston
Herald
reported that women are shopping from their closets! HUH?
Clothes-swap parties of a dozen women are meeting in homes
to trade their “better stuff” for other niceties desired.
Some women even purchase designer clothes at thrift stores
(at huge discounts), then trade those clothes for something
more desirable at the party.
10% Of Retailers Could Face Restructuring
Colin
McGranahan, a retail analyst at Sanford C. Bernstein & Co.,
says potentially 10% of retailers could face significant
restructuring, bankruptcy or liquidation in 2009. The
International Council of Shopping Centers projects 148,000
storefronts will be shuttered this year by retailers of all
types, including mom-and-pop stores, based on data collected
by the Bureau of Labor Statistics. That would be the largest
since 2001 when 150,000 locations closed.
Countries Barter To Solve Challenges
Worldwide
food shortages mixed with a global credit crisis has some
countries getting by bartering food for other essentials.
Thailand, for example, one of the world’s largest producers
of rice, is trading that foodstuff to Iran for oil. Iran was
having difficulty getting the necessary letters of credit so
they and Thailand agreed on prices and volumes, before
bartering the exchange of the goods.
Saudi
Arabia was finding difficulty getting paid on a cash debt
from Pakistan, so to get paid the Saudi’s are following the
strategy, “If you can’t get blood out of the turnip, take
the turnips!” And the Saudi’s are doing just that, as
payment is forthcoming in the form of various foodstuffs.
Blixseth Willing To Trade Caribbean Island
For Gulfstream Jet Or Manhattan Digs
A barter
deal with the U.S. government, wherein he received 100,000
acres in the Bozeman/Big Sky area, gave Tim Blixseth his
start. He subsequently built an elite Montana ski and golf
community with his now-former wife. (Bill Gates and his
family were members.)
Blixseth
later sold his share of Yellowstone to his ex-wife. Now he
is looking to trade his private five-acre Turks & Caicos
island, with a 30,000-square-foot-home, for $75 million of
other valuable assets. He said he’s open to bartering his
island for a Gulfstream G550 jet or a New York apartment.
Swiss Bank Pays Top Management With Junk
Bonds Rather Than Cash
Top
management at Credit Suisse Group will be receiving a
substantial percentage of their 2008 compensation in forms
other than the traditional cash-and-stock payment. This year
they will be receiving junk bonds, mortgage-backed
securities and corporate loans in a “Partner Asset
Facility”...and they won’t receive a return on the PAF
program for eight years. The move was necessary because the
Swiss bank posted a $4.6 billion loss this year.
Top
From
the desk of Bob Meyer...12/16/2008
TIME magazine Looks At Alternative Currencies
TIME has
published an extensive article on alternative currencies.
Read about the growth of these currencies and their growing
popularity...
Click here
Research Group Says Consumer Bartering
Doubled In One Year
According
to the American Research Group, a think-tank that talks to
thousands of consumers every week to assay their spending
habits and how they feel about the state of the economy,
barter’s use is booming! The research group says 67% of
consumers have bartered this year, compared to 33% in the
fall of 2997.
Craigslist Barter Queries Growing
Craigslist
reported that more than 150,000 barter queries pervade
Northern California listings on the popular classifieds web
site at
http://www.craigslist.org.
Match-Value One-On-One Trading
Cynthia
Eakin, an associate professor at Stockton’s University of
the Pacific, says its legal to have matched-value trades
without documenting anything. However the IRS requires
barterers to list any profit made as taxable income. Eakin
frequently gives lectures about bartering to her students.
Column On “The Daily Paul Blog” Looks At ITEX
A blog
that is produced by Ron Paul devotees authored an article
about ITEX CEO Steve White’s comments during his appearance
on the Fox Business show. The blog writer was “given hope”
because, as he stated, the use of barter and trade
currencies will be desired by people, especially in these
trying times, and will be very hard to control by the
government.
SBA’s Loan Programs Changing
The U.S.
Small Business Administration loan programs are being
dramatically changed. Previously they were
demographic-based, but now are geographic-based programs.
Applicants are now being required to provide more
information as well as mandatory attendance at technical and
financial-assistance classes.
Top
From
the desk of Bob Meyer...12/09/2008
ITEX Holiday Barter Fair Pulls Sellers From
Across USA
A business
from Toronto was selling golf clubs, while a Florida-based
jewelry retailer traveled to Ontario (CA) to make holiday
sales.
Vendors
took possession of the 200 available booths to move their
wares. This Southern California Holiday Fair is the largest
ITEX one held in the United States.
Steve
White, ITEX’s CEO, flew down from Seattle to view the flurry
of sales occurring at the Ontario Convention Center this
past Sunday. Peter and Neita Brooks, owners of the San
Dimas-based ITEX Inland Valley stage this ever-growing,
impressive event every December.
To view a
short video of this holiday fair
click
here.
U.S. Small Businesses Still Upbeat
Michael
Alter, President of Sure Payroll Services, sent me his
latest findings showing that although the stock market hit
the skids, how we view the economy is based on our personal
circumstances. And the small business marketplace in
November was surprisingly optimistic.
To read
the report see:
www.surepayroll.com/scorecard/2008/november
“Stocks Aren’t Cheap Yet” Contends Pimco’s
Bill Gross
Pacific
Investment Management Company’s Bill Gross, the manager of
one of the world’s largest bond funds, said stocks aren’t
cheap when viewed in relation to the direction the market is
heading...with more regulation, lower leverage and higher
taxes.
Gross said
he believes in stocks for the long run, but only when bought
at the right price. He said 14000 for the Dow Jones
Industrial Average is a stretch, since about 20% of bank
capital is now owned by the U.S. government.
Sports Illustrated “Sportsman Of The Year”
Believes In Barter
History’s
greatest Olympian, U.S. swimmer Michael Phelps, is endorsing
a new protein drink called PureSport. It’s hardly as well
known as competitor Gatorade, but with Phelps’ name behind
it (along with fellow Olympic swimmers Aaron Peirsol,
Brendan Hansen and Ian Crocker) the University of Texas
spin-off is off to a dizzying start.
Last month
PureSport hit the shelves at Chicago’s Sports Authority, one
of a 400-store sporting-goods chain. Phelps and the other
Olympians agreed to endorse the protein mix before Phelps
earned his eight gold metals. The foursome took a 5% equity
stake in the company in exchange for their endorsement.
Yahoo Barters With CBS To Lower Costs
Yahoo is
plugging its Internet radio service into CBS Corporation’s
webcasting network in a move driven by dramatically higher
royalty for airing music online.
Yahoo’s
radio channel, called Launchcast, will combine with CBS
beginning in February. Under the arrangement Yahoo will
depend on CBS Radio to power Launchcast as well as sell all
the ads on the service.
Barter
comes into play as, in return for the helping hand, Yahoo’s
high-traffic news and sports sections will feature some of
CBS’ top-rated radio stations, including WFAN in New York
and KNX-AM in Los Angeles.
Top
From
the desk of Bob Meyer...12/02/2008
Ad Week Publishes Excellent Article On
Bartering Media
Articles
about barter are being written about barter in all the
media. Here’s an excellent one that Ad Week published on
media trading...
click here
Construction Loans Under Pressure
Soured
construction loans continue to pile up on banks’ balance
sheets in the recent quarter, as residential-development
loans failed in even larger numbers. Data cruncher Foresight
Analytics LLC, of Oakland (CA), estimates that construction
loan delinquencies among all property types reached 9% in
the quarter.
Electronic-Goods Manufacturers Take Action
The U.S.
electronics industry last year spent about $13.8 billion to
re-box, restock and re-sell returned products, according to
a study by technology consultant Accenture Ltd. Defects
aren’t even in the top three reasons for returns,
surprisingly. (The primary reason consumers return products
is because they didn’t meet expectations.)
The
industry is now focusing on including more information on
its packaging to help consumers avoid buying the wrong
product.
Top
From
the desk of Bob Meyer...11/11/2008
Lasater Re-elected
Gary Lasater, CEO of eValues (www.eValues.net)
and a barter industry pioneer, won a citizens mandate for
re-election to the Parker Town Council in Colorado. Parker
is in the southeast Denver metro area, with a population of
50,000. The two other incumbents running were not elected.
$300 Million Real Estate Available On
Part-Barter Basis
Mountain resort home sites as well as cabin and pedestal
homes are available on a part-cash part-trade basis. The
properties are located within fine communities in the
mountains of northern Georgia.
For further details go to
http://barterforrealestate.com.
Wonderland Bakery Promoted Voting With A
Twist
Wonderland Bakery (www.wonderlandbakery.com),
a specialty bakery and gift concierge in Irvine (CA), helped
get the votes with “good taste” in the recent national
election. Customers could purchase cookies depicting their
favorite presidential candidate and political party.
Allyson Ames, founder of Wonderland Bakery, noted, “We have
made thousands of politically decorated cookies since we
received the 2008 California Business of the Year award in
May from Senator Harman and Governor Schwarzenegger in
Sacramento.
PepsiCo Considers Multiple Opportunities
PepsiCo’s CEO Indra Nooyl, an Indian-American, said her
company considers as many as 30 acquisitions globally at any
one time. She says it’s important as a company today to see
yourself as a global citizen, making sure to understand the
world around you.
Top
From
the desk of Bob Meyer...11/04/2008
Bartercard Thailand
Looks For Bullish Growth
Continued
above-average growth of 20%, to 1.2 billion baht, next year
is expected by Bartercard Thailand. The company has 3,000
members and anticipates a 15% membership increase as well.
Their present membership is about 1% of the 3.5 million
small and mid-size enterprises in Thailand.
Hedge Funds Shrinking
According
to Eurekahedge, a hedge-fund research company and
consultants, hedge-funds experienced $44.5 billion of
investment losses in September and $34.5 billion of investor
withdrawals. Whereas, $10.5 billion of new money was
received.
For the
third quarter as a whole, hedge-fund assets shrunk by a
record $210 billion, or more than 10%, an amount that
exceeds the $194 billion that flowed into the industry in
all of 2007. Aggregate hedge-fund assets now total $1.72
trillion.
Bank Of England Governor Anticipates Another
Crisis
Bank of
England’s Governor Mervyn King, anticipates another
financial crisis between 2013 and 2018. According to King,
human nature doesn’t change. Therefore future crises can’t
be prevented, as memories dim and lessons learned will be
forgotten.
Average Tech Entrepreneurs Are Aging
The
Kaufman Foundation says the average tech entrepreneur isn’t
a 20-year-old whiz kid, but 39 years of age. The average
founder is now pushing middle age, with nearly five times as
many founders over 45 as were younger than 25, when their
companies got off the ground. These new entrepreneurs had
plenty of time to learn on the job: On average 16.4 years
passed since they finished school and started their
companies.
Top
From
the desk of Bob Meyer...10/28/2008
Australia’s BBX Temporarily Waives $65,000 Franchise Fee
BBX CEO Michael Touma has announced the temporary waiving of
its franchise fee due to the tightening credit market.
(Terms and conditions apply.)
Trump’s Paperclip
Donald Trump’s paperclip, being traded by an economic
professor in Missouri, has been traded numerous times as the
professor strives to reach his goal of ultimately bartering
the paperclip for a SUV.
To see the latest trade go to
www.goldenpaperclip.com.
Top
From
the desk of Bob Meyer...10/21/2008
Your Services For Room & Board
Immersion
Travel USA
by Sheryl Kayne is a book about her travels and experiences.
Included in the publication is specifics about where she
traded her time and skills for various experiences, as well
as room and board. Listings are included for the reader.
The Barter Company Expanding
The Barter
Company (www.thebartercompany.com)
announced the hiring of Randy Wolfe and Basil Bethea III.
Both will be developing areas outside of greater Atlanta for
the trade exchange. Wolfe will be focusing on Columbia (SC)
as well as Charlotte and Greenville. Bethea will be working
the Gulf Coast; where, as a lifetime resident of the area,
he has worked in his family’s commercial real estate
business.
ITEX New England
Holiday Trade Fair
ITEX New
England’s Trade Fair will be held Sunday, November 9, from
9am to 4pm at the Norwalk Inn, 99 East Avenue, Norwalk (CT).
For more
information call 888-294-6393.
BizXchange Expands Barter Finance Services
The
Seattle-based barter company is expanding its
business-member finance services to those companies where
bank financing isn’t available. BizXchange (http://www.bizx.com)
will pre-qualify each member applicant for loans and lines
of credit.
Criteria
for a loan will focus on companies’ size, the quality of the
product or service they have to offer, and their appeal to
other BizXchange members.
Top
From
the desk of Bob Meyer...10/14/2008
Entrepreneurs Look To Three Areas For Financing
Small businesses are turning to angel investors, suppliers,
and personal credit cards as the financial crisis spreads to
Main Street and access to commercial loans becomes more
restricted. Today’s environment is such that smart
entrepreneurs will move toward more barter to increase their
sales and cash flow.
ITEX Arizona’s Holiday Barter Expo Date
Announced
Terry Brandfass reports this year’s Holiday Barter Expo will
be held at Brett’s Barn on Sunday, November 30, from 11am to
3pm. For more information call (480) 946-2929.
Office Space Now Available
Businesses are dumping office space at the fastest pace
since the months after the September 11 attacks, increasing
the financial stress on commercial real estate owners and
their lenders. Many of them are already ailing financial
institutions.
Because real estate moves slowly, the financial turmoil of
the past few weeks hasn’t shown up in the numbers. Look for
bank failures and consolidations to be reflected in office
space availability later this year and in 2009.
Transaction Volume Increases For Barter
Company
Catherine Cohen of Premier Barter in Arizona, reports that
her company’s transaction volume is up 114% for the first
half of 2008, compared with 2007.
Financial Woes Will Affect Ad-Spending
Automotive retail and financial services have already been
affected by the financial sector’s ills. Further declines
will be coming from credit-card and insurance company ad
spending, which is $9 billion a year in or about 6% of the
total ad spending.
Top
From
the desk of Bob Meyer...09/30/2008
Jet Blue Barters With Texas University
In
exchange for advertising, Jet Blue will provide the
University of Texas athletic department with tickets and
vouchers for air travel. The University of Texas athletics
will in turn provide video board animation advertisements
for JetBlue at sporting events, which will include football
as well as men’s and women’s basketball games.
Airlines
have previously been sponsors for UT athletics...the
Longhorn Sports Network had agreements with American
Airlines and Southwest Airlines in the past.
Swap Your Clothes...Change Your Wardrobe
Looking to
make a clothing change without spending a lot of cash? Check
out these web sites
http://www.bigwardrobe.com and
http://www.whatsmineisyours.com.
Fifty Percent, Or More, Of Homeowners Income
Going For Housing!
Fifteen
percent of American homeowners with a mortgage (7.5 million
households) are spending 50% of their income or more on
housing costs, according to 2007 data released this month by
the U.S. Census Bureau. That’s up from 7.1 million from the
year before.
Scheduled Holiday Fairs
· San Diego
ITEX Trade Show will be held Sunday, November 2, from 10 AM
to 4 PM at Party Pals. Contact
Charissa.novak@itex.net.
· On Sunday,
November 23, Trade American Card will hold their 30th Annual
Holiday Barter Expo. The affair will be from 10 AM to 5 PM
at the Grove of Anaheim. Call (714) 532-1610 for more info.
Top
From
the desk of Bob Meyer...09/23/2008
What’s New!
The
National Small Business Association conducted a poll
recently among 500 businesses and found that forty-four
percent had used credit cards to meet capital needs in the
previous six months. And fifty-seven percent said their
credit card terms had worsened over the last year.
Banks are
gouging their small business customers because they need the
interest for earnings, and they know that firms of modest
size have nowhere else to go. Look for rising credit costs
and interest rates on your cards, as well as credit
tightening. Do we need any more reasons to put on our barter
hats?
Holiday Fair Announced
The first
Holiday Barter Fair has been announced, coming from Southern
California’s BXI Inland Valley. It’s scheduled for December
7, 9 AM to 4 PM at the Ontario Convention Center in Ontario
(CA).
For more
information call the BXI Inland Valley office at (909)
592-7727.
Bartering Boards Established In Supermarkets
The Asda
supermarket in the community of Colne, Britain, has
established an innovative “bartering board” on its premises
to help customers share their skills and cut costs by
utilizing barter. Following shortly will be other Asda
stores with boards in Tonypandy (Wales), Elgin (Scotland),
and Einiskillen (No. Ireland).
Top
From
the desk of Bob Meyer...09/16/2008
Oops!
BarterNews has been informed that the GrandLuxe Rail
Journey, as reported in last week’s Tuesday Report, is no
longer in operation as of August 29, 2008.
Small
Business Owners Aren’t Political
Own your own business? Then you’re working too hard to be
concerned about the coming election. That’s what the new
Discover Card Small Business Watch survey reports.
Furthermore, you don’t believe it matters much who gains the
White House as the small business community, lacking
lobbyists, lacks any power in Congress.
Looking For Flowers On Barter?
A new site,
www.barterflowers.com, will provide flowers—up to
$50—on trade. But over that amount it’s cash, plus all
delivery charges are cash. They will accept several barter
currencies.
Your
House Or Your Business?
According to a study by Experian, the credit-rating service,
business owners in financial trouble will sacrifice their
homes to save their companies. The study of 2.7 million
small U.S. businesses showed that the most severely
delinquent business owners continued to pay their company’s
bills, even as they skipped their mortgage payments.
Slipstream Radio Available For Barter
A division of the Triton Media Group will launch Slipstream
Radio. Based in Chicago, the new company will help
terrestrial radio stations create customizable Internet
radio stations online.
Triton will offer Slipstream to broadcasters and other
content providers for a flat monthly cash fee or for barter.
Top
From
the desk of Bob Meyer...09/02/2008
Barron Sells Barter Connections
Ken
Barron, who ran Barter Connections for the past 24 years,
has sold his 1,000 member Newton Center (outside Boston)
trade exchange to 59-year-old businessman Steve Romsey. The
price was for a reported “just under a million dollars.”
For more
information see
http://www.barterconnectionsinc.com.
Alan Zimmelman Coordinating ITEX Regional
Conferences
ITEX
Executive VP Alan Zimmelman is on the road, working behind
the scenes for the largest barter company in the nation. He
will be in three different areas coordinating ITEX regional
conferences, sharing his three decades of experience.
Bonanzle Is An eBay Alternative
If you are
looking for an eBay alternative or wanting additional
distribution for your wares, you will want to check out
http://www.bonanzle.com.
Trading Collectibles A “Like-Kind Exchange”
We have
often heard of like-kind exchanges for real estate
investors, allowing one to defer capital-gains tax. Such
exchanges can also be used with stamps, coins, gems, and
other collectibles. The key is being an “investor” rather
than a collector in order to benefit tax-wise.
To
prove you are an investor, you must be able to show that you
are tracking the ups-and-downs in the value of your objects.
Thus, it’s a good idea to get appraisals on a regular basis
and subscribe to journals that help you keep a pulse on the
market.
Top
From
the desk of Bob Meyer...08/19/2008
Record Month For IRTA’s Universal-Currency
Use
Trade
exchange owners used the International Reciprocal Trade
Association’s “Universal Currency” in the month of July to
close $403,419.53 in sales. besting the previous best
month’s record of $367,782.51 back in July 1999.
For more
information on the Universal Currency system see:
http://www.ucci.biz.
Steven White Gives Presentation At Technology
Conference
Steven
White has the honor of presenting at the 4th Annual Summer
Technology Conference hosted by Security Research
Associates, on Monday, August 18, 2008. The conference is
being held at the Omni Hotel in San Francisco.
During the
presentation, White will provide insight about the ITEX
web-based trading platform, business strategy and
initiatives. The presentation will also be broadcast live
over the internet, and a replay will be archived in the
Investor Relations section of the ITEX web site
http://www.itex.com.
Over 80% Of Workers Saving Too Little For
Retirement
According
to the Hewitt Associates study, four of five workers save
too little to maintain their lifestyle after retirement. The
study looked at the projected retirement levels of nearly 2
million current workers of varying ages at 72 large U.S.
companies and used actual employee balances.
People
need to save from 10% to 12% of their income throughout
their career to keep up the same lifestyle after retirement,
the study reported. (Most people contribute an average of 8%
of their income into savings plans.)
One-Third Of Homeowners Are “Under Water”
According
to
www.Zillow.com, about one-third of U.S. homeowners
who bought homes in the last five years now owe more on
their mortgages than their properties are worth. (For those
who bought at the 2006 apex of the housing market, 45% are
now under water.)
Zillow is
a Seattle-based service that offers values on more than 80
million homes.
Top
From
the desk of Bob Meyer...08/05/2008
Bob
Bagga Getting Married
Bob Bagga, barter industry veteran and co-founder of
www.BizXchange.com, will be marrying Anita Ninan on
Saturday, August 9, at the Hotel Del Coronado. (The famed
hotel was the site for “Some Like It Hot” starring Marilyn
Monroe.)
Australia’s BBX Offers Insurance On
Cash-Blend Basis
Members of Australia’s BBX can now buy various forms of
insurance (business, homeowners, etc.) with cash and trade
dollars. Up to 30% of the premiums can be paid with trade
dollars.
New Barter Site Announced
Jeff Henderson announces a new site designed for bartering.
It’s a classified ads site (like Craigslist) that allows
people to post barter items and services for free:
www.barterzap.com.
This IPO’s Unbelievable Story...
Since its initial public offering (IPO) in 1970, Wal-Mart
stock has increased over 5,300 times...turning a $10,000
investment into $57,000,000!
Had you invested $10,000 in Southwest Airlines in 1980,
you’d be sitting on $916,000. While $10,000 in Dell, as
recently as 1990, would be valued at $4.4 million.
Top
From
the desk of Bob Meyer...07/22/2008
Bartercard’s Tony Falkenstein Inducted Into New Zealand
Business Hall of Fame
The hall of fame
recognizes business leaders who have made significant
contribution to New Zealand business over the past 200
years. Congratulations to Tony Falkenstein, owner of
Bartercard New Zealand, who was inducted into the Fairfax
Media New Zealand Business Hall of Fame by the Governor
General.
For more information
visit
www.Bartercard.com.
American Travelers Liked By Many
According to
www.gadling.com, the world’s most obnoxious
tourists—after a survey of employees in 4,000 hotels in
Germany, the UK., Italy, France, Canada and USA—were French
travelers, followed by India and China.
The stereotypically obnoxious American tourist, out of 21
countries, got an impressive 11th place. Americans got the
top spot for trying to speak the local languages the most.
Medical Missionary Uses Trade Dollars
Andrew Jerrigan, a trader for 15 years, is now a medical
missionary in Africa. He accepts trade dollar donations
through Marc Albano’s
www.transmediatrade.com.
For more on Andrew Jerrigan’s work go to
www.jerriganblog.com.
Top
From
the desk of Bob Meyer...07/08/2008
World’s Largest Mall Is EMPTY!!
A
seven-million square-foot mall in China is an unbelievable
financial flop. The South China Mall, located in the Pearl
River Delta (China’s wealthiest region) opened in 2005 with
space for 1,500 stores. Currently 12 are occupied—with a
vacancy rate of 99.2%.
80-Year-Old Billionaire Says Today’s Economic
Period Worst Of His Lifetime
Eli Broad,
retired home builder in California, says this is worse than
any recession we've had since World War II and he does not
think the housing market will recover for years. He also
sees a sharp rise in unemployment.
Broad
contends that as home sales keep dropping, most of the
equity people in the U.S. have built over the last twenty
years melts away. As jobs disappear, defaults rise and the
matter becomes worse.
Women Helping Women
Amy Swift,
is Editor-In-Chief of Ladies Who Launch (www.ladieswholaunch.com),
a national women’s organization which helps countless women
across the country embark on their own careers and companies
through incubator programs. Their national LIVE events and
online resources have helped other women launch their own
successful business.
Super-yachts Still Very Popular
The Luxury
Institute and Camper & Nicholsons International—a yacht
broker and charter company—found that new orders for yachts
of longer than 130 feet are up 18% in 2008. There were 254
new orders for such yachts last year.
The report
shows the astounding growth over the past decade for jumbo
yachts. In 1997, there were just 241 yachts of 80-feet or
more under construction around the world...last year 916
such boats were being built.
Interestingly, the biggest constraint to the industry’s
growth isn’t the economy...it’s the staffing. The report
says about 25,000 crew members are necessary for today’s
super-yachts, but only about 15,000 currently work aboard
yachts. Shortages of captains and engineers are especially
acute.
Top
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.
Top
From
the desk of Bob Meyer...06/17/2008
Sino Fibre Signs Joint Venture With European Exchange
A Memorandum of Understanding has been signed between Sino
Fibre and German Barter Exchange. Both parties agree that
German Barter Exchange (GBE) will become an affiliate of
Sino Fibre.
GBE will act as a barter trade-making arm in Germany for the
joint venture company, to promote Sino-European barter and
to serve as a gateway to processing the transactions to and
from China, Germany, and eastern European countries.
Basketball Hall-of-Famer Barters With Comcast SportsNet
Comcast SportsNet New England wanted the best,
most-prominent “Laker” to serve as an on-air analyst before
the first two games of the National Basketball Association
finals. CSN used barter to secure the deal—trading two
30-second spots to Kareem Abdual-Jabbar, which he used to
advertise his latest video product.
Curry
Ingredients Bartered For Plastic
In India an enterprising company is bartering with women’s
groups, providing ginger and garlic to housewives in
exchange for scrap plastics, which are non bio-degradable
toxic killers.
Ladies Trade Cosmetics Via Internet Site
Ladies here is your chance to swap cosmetics that you own,
but don't use, for ones other members have and you want.
We’re talking about name brand cosmetics...the expensive
stuff. Members are only responsible for covering the
shipping costs for the cosmetics that they are swapping.
MakeUpAlley.com (www.makeupalley.com)
allows members to read product reviews or write a review on
the products they have used. Interested parties can
participate in forums and meet other members, so as to know
the people that one might want to trade with later.
Membership is free and required.
Top
From
the desk of Bob Meyer...06/10/2008
President’s Club Winners At 2008 ITEX
Convention Revealed
ITEX’s (www.itex.com)
convention recently held in Las Vegas reported its new
President’s Club winners. Here are the six brokers who had
beaming smiles along with a brand new DELL laptop computer
and earned plaques:
Ronnie
Graham (Highest Cash Collections)
Duncan Banner (Highest New Member Enrollment)
Peter and Neita Brooks (Highest Net Growth)
John Castoro (Highest Cash CTV)
Shawn Christian (Rookie of Year)
and Jim and Carolyn Young (Brokers of Year)
In
addition, Chris Christenson and Philis Santello proudly
accepted their 2008 Brokers Choice Award at the convention.
Barter Articles Popping Up
Newspaper
article about using barter in tough times appeared in
Florida’s Sun-Sentinel on Tuesday, June 3.
Click here
Entrepreneur.com had an interesting article on how to
slash startup costs by using barter.
Click here
Microsoft’s Ballmer Foresees No Print Media
In 10 Years
In an
interview with The Washington Post, Microsoft CEO
Steve Ballmer riffs on the future of media, claiming that in
ten years, all media will be delivered over the Internet.
“In the
next 10 years, the whole world of media, communications, and
advertising are going to be turned upside down — in my
opinion,” Ballmer stated. “There will be no media
consumption left in 10 years that is not delivered over an
IP network. There will be no newspapers, no magazines that
are delivered in paper form. Everything gets delivered in an
electronic form.”
California Housing Prices Have Biggest U.S.
Drop
California
is the nation’s worst housing market, with housing prices
falling 24.37% annual rate as of late April. (California has
held this distinction since May 2007.)
Following
California in April price drops are Florida at 17.11%,
Nevada 16.61%, Arizona 15.78%, and Ohio 13.41%.
The best
growth rate was Utah, up 4.13%, and Montana, up 4.12%.
Top
From
the desk of Bob Meyer...06/03/2008
Barter Deal Offers Food Security For Malaysia
Malaysia
plans to build a stockpile of 500,000 tons of rice for food
security, and is looking to import the staple from India. In
exchange they will supply palm oil in a barter transaction.
Peter Chin
Fah Kui, Malaysia’s minister of plantation, industries and
commodities, told a conference in Mumbai he was likely to
meet Indian Farm Minister Sharad Pawar to discuss the
possible barter deal, as his country is in short supply of
rice, their staple diet, and prices are rising.
Tradia Expands Network In Utah
CEO
Matthew Humphreys reports that Tradia will have six
full-time franchise operations in the state of Utah. This
will be the first time a single group or company outside of
Tradia Commerce Network has owned more than 2 of its
franchises.
“We’re
particularly excited about this expansion because our Utah
franchisee is a dedicated and professional organization that
brings excellence to our company and the barter/trade
industry,” affirmed Humphreys.
For more
information on Tradia see
http://www.tradia.net.
Barter Those Toys You No Longer Use
Toy Swap (http://www.toyswap.com)is
the perfect web site for anyone who has old or new toys that
are no longer wanted or played with, and that can be swapped
for old or new toys that other Toy Swap members have
available for swap with you. Membership is free and
required.
Barter Your Skills For One You Need
Do you
have a skill that you want to swap in exchange for a skill
that someone else would like to barter? SwapaSkill (http://www.swapaskill.com)
is a web site for individuals who possess a ability such as
artistic, musical, engineer, plumber, electrician...or just
about any type of talent that you can think of. Basic
membership is free, but there are some costs associated with
membership upgrades if you so choose.
Top
From
the desk of Bob Meyer...05/27/2008
Globalization Isn’t The Driver For Today’s
Accelerating Change
Many
people (and companies) around the globe are struggling to
adapt to change, which is accelerating. A McKinsey study
suggests that today's leading companies—top performers in
every industry—drop out of leadership at a rate that is four
times greater than in the 1970s.
Years ago
you could bust your tail to achieve success, then put your
company or career on autopilot and face little risk of
upset. That’s not true today. The paradox is that economic