Archive

Posts Tagged ‘money’

Just Some Thoughts

October 26th, 2009

Go here to read the rest:

http://notravelmlms.blogspot.com/2009/10/just-some-thoughts.html

I had a conversation with a YTB Director this weekend and he was insistent that YTB was travel focused. He chided me about the post about Shop YTB and them proceeded to tell me about all the juices and slimming clothes that were sold out as a result of Shop YTB.

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The RTA Attrition Continues

October 10th, 2009

Read the original post:

http://notravelmlms.blogspot.com/2009/10/rta-attrition-continues.html

If you will recall, for the last quarter, YTB was losing a net of 149 RTAs per day which showed some improvement over their full year attrition of 178 RTAs per day.

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If I Were To Post One Last Post

September 4th, 2009

The rest is here:

http://best-mlm-resources.blogspot.com/2009/09/if-i-were-to-post-one-last-post.html

My good friend Mike Michelozzi has way of getting you to slap your forehead and say “hmmmmm”. Below is a thought provoking piece about “our” habits when posting to online Forums and such.

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Simple Post Card Marketing Tips

August 5th, 2009

Here is the original:

http://best-mlm-resources.blogspot.com/2009/08/simple-post-card-marketing-tips.html

These are very simple tips for anyone using …. or considering …

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MLM: A Different Perspective

July 30th, 2009

Read more from the original source:

http://notravelmlms.blogspot.com/2009/07/mlm-different-perspective.html

While I am not drinking the Kool Aid by any means (and I hear that most of it is in St. Louis right now in any event), the following was sent to me by someone involved in YTB and as much as I am opposed to it, I thought that yellow highlight had some merit. What do you think?

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AWeber Basic Rules For Email Marketing Success

July 13th, 2009

Original post:

http://best-mlm-resources.blogspot.com/2009/07/aweber-basic-rules-for-email-marketing.html

Email marketing is the most effective marketing devise you can use to get the best returns in your business.

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7 Simple Ways To Get Started With Email Marketing

June 18th, 2009

Original post:

http://best-mlm-resources.blogspot.com/2009/06/7-simple-ways-to-get-started-with-email.html

Opt-in e-mail marketing really can work for absolutely any business model.

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Creating A Personal Social Network On Ning

May 26th, 2009

For those who want to think a little outside of the box, when it comes to lead generation and database development, explore the world of Ning.

For those who don’t know, Ning is an online community made up of independent social networks. What’s interesting about this is the fact that ANYONE can start one of these social networks, and they are free!

For years, the industry has known that “the money is in the list”, but the list has usually come in the form of an auto-responder, through a lead capture system.

Creating your own Ning network not only allows you to build a mailable database (as an admin, you can message ALL members whenever you life), it’s the perfect platform for building relationships through social marketing.

Put a little effort into your Ning network and in a very short period of time, you can have a database underway that is attractive, exciting and something that others will want to bring their friends to, giving you more leads.

Check it out at Ning

Read the original:

http://best-mlm-resources.blogspot.com/2009/05/creating-personal-social-network-on.html

Marketing, Network marketing, Other , , , , , , , , , , ,

A TravelCop’s Predictions (FAIL)

May 19th, 2009

Back in April when YTB leaked the settlement to it’s insiders, there was a rebuttal by the Attorney General that there indeed was no final settlement.

Our very own TravelCop opined on this site and expressed his infinite wisdom. Now the settlement has been released. Let’s see how he did.

HERE! HERE! That is good verbiage! I agree! There are alot of TTA’s mad at YTB wrongfully! We did not invent internet travel – we are just capitalizing on a marketshift. YTB will come out of this just like they did in Rhode Island – when Rhode Island got into court with us – they said WOW- look how the law is not even lawful!! Let’s change this old law and let YTB resume business! WOW!! In CA – the JUDGE asked for mediation – the state of CA does not have the money to fight YTB- and YTB should not be wasting time or money on this monkey suit. YTB is not a pyramid scheme- we have products and services and vendors and suppliers and we get paid ALL THE TIME!
Average a paycheck- how fair is that when I am getting paid thousands and you lump me in with the fool who sits at home on the couch eating bon bons watching Oprah? you will lump my income in with the fool who waits for money to spew out of the computer! I wait for nothing- I work at my business and make it work and I get paid. Taking an average from an above average achiever and a below average slug is not right or fair and those numbers don’t actually mean alot. Now- if you want to say that this person does their due diligence and is working the business and makes thousands- but this slug over here makes nothing because they don’t work…FINE. But tell the truth. Averages mean nothing. It is just applying mediocrity to above average people and giving slugs a better look. No way!
As for not showing our pay checks to get people in – now THAT would be unethical…and believe me- if anyone who makes anything in YTB sent out copies of their checks and copies of their 1099 to ENTICE someone to get into the company – You bet that John and his cronies would be right there to criticize that too!
Don’t feed into their vortex of shame!
Look at ALL the boards and blogs JOHN is on…
He evidently is not selling much travel if he has the time to be on all these boards!
YTB will not have to make changes to anything John- we have done nothing wrong!
- TravelCop (4/16/2009 8:52:10 AM)

How are those non-changes coming along?

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Here is the original:

http://notravelmlms.blogspot.com/2009/05/travelcops-predictions-fail.html

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A Quarter In Review

May 12th, 2009

According to the 10-Q filed yesterday, here is what was disclosed:

  • In looking quarter over quarter, recruiting income is down 45% and travel income is down 52%
  • They realized a net loss of $1.9 million dollars in three months
  • However it was better than last year. In 2008, they managed to lose $3.5 million in three months back then
  • They have nearly $1.3 million in receivables. Most travel companies have next to nothing
  • The jet was bought for $1.3 million and sold for $872 thousand
  • They are down to 73, 801 RTAs/TSOs
  • They were at 92,383 just three months ago
  • The new Co-CEO is a consultant
  • They are trying to raise additional capital by offering a TSO Stock Purchase Plan
  • They are planning on selling more assets to raise capital
  • They have a lot of court time in the coming weeks
  • June 1 is the date to see if the Class Action Suit for $100 million will be dismissed
  • No one has signed off on any settlement in California yet
  • Their insurer agreed to pay only if California was settled (hmm interesting)
  • They used to have a $1.7 million reserve for credit card processing. Their processor raised it to $3 million
  • With only $1.8 million in cash and cash equivalents, they plan to fund that $3 million by June 30th
  • The people that bought their property stiffed them and didn’t pay, so now they need to foreclose
  • There is almost $400 thousand dollars worth of YTB clothing. Any lime green?
  • On April 1st they were sued again for violation of an oral contract
  • On May 7th, they sued some of the Directors who left the company and will be in court May 14th
  • On May 8th, they filed suit for the money the departed Directors borrowed and never paid back
  • They are really not too sure that they can win any of these cases
  • Contrary to Travelcop’s delusions, Clay Winfield did indeed resign on April 30th
  • They anticipate future travel revenue to decline
  • Recruiting accounted for 85.4% of thier income
  • Travel accounted for 11.6% of thier income
  • They sold an average of 618 new IBCs per week
  • 2,167 called it quits per week
  • For the conceptually challenged, that is 1 quitting RTA every 5 minutes (if anyone can find a widget, that might be a fun one to have on the blog)
  • It cost them almost $300,000 to defend against California for the first three months of the year
  • They ran out of money (and hope it seems) to build the headquarters. In the old K-Mart, Aisle 19 was saved
  • Oh, and Canada–not so much

Discussion?

Like what you read? Hate it? Please visit us and leave your own comment at MLMs & Travel: A Bad Mix!
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Excerpt from: 

http://notravelmlms.blogspot.com/2009/05/quarter-in-review.html

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