MLM and Travel It's No Good! YTB, TraverUs, GTI, World Ventures. All no good for the travel industry!
MLM and Travel It's No Good! YTB, TraverUs, GTI, World Ventures. All no good for the travel industry!
MLM and Travel It's No Good! YTB, TraverUs, GTI, World Ventures. All no good for the travel industry!
Wednesday, November 19, 2008
"Leadership" Bonuses
Apparently "leadership" is not reflective of the "leadership" bonuses offered so far this year. While the numbers in the 10Q were able to be manipulated, this indicates the number of leadership bonuses paid out by quarter so far this year.
Now I am not denying that the numbers are down, but it looks like a straight slope downward into Q4. With 6 weeks left in the 4th quarter, certainly there will be more leadership bonuses paid out indicating LESS of a slope downward from Q3 to Q4. Of course I am just eyeballing it here, but, with that said, a better point, how could you simply show a graph like this without the 4th quarter being finished?
Ann, I didn't say that, but to post "results" and the quarter is only half over is what I was saying. So, even if the 2nd half of the quarter has a similar down trend of the first half, the overall quarter will end up with a lesser slope downward then depicted. It is also nice to see Steve posting here more despite his anti-ytb stance he isn't overzealous like most (from both sides) here
Josh, firemedic and the rest of the gang have been indoctrinated into the YTB system. They are never going to admit they are wrong and they are going to argue their point that YTB is the greatest thing since sliced bread until the cows go home. It is pointless to even argue or debate with them. They will never admit anything nor listen to the truth.
The numbers are quarter to date and do not include the past week where there were NO RECIPIENTS.
So it is not indicative of the entire quarter, but it certainly shows a trend. If half of the 4Q shows 500 recipients, it might be reasonable to think the total might be 1000 by the end of the quarter, but realistically, if you look at it on a week by week basis over the past 12 weeks, you will see that that is not likely by any stretch of the imagination.
Anon...can I call you anon? There is no indoctrination. I am open to discussion but the discussion should be about facts not skewed numbers. And, the graph showing complete Q1,Q2,Q3 and incomplete Q4 is an attempt to skew numbers. We can have a discussion about Q1-Q3 going down and there is no suprise that numbers of bonuses have been down as RTAs have been down.
One other thing, first JOhn mentioned the numbers of Q4 at 500 and if it doubled (since the quarter is less than half over as of last weeks reporting of bonuses) then the total would be a significantly less drop off from Q3 to Q4 then it was from Q2 to Q3.
Also, I am not sure why John just made up that there were no bonuses last week. My power team leader got one.
Josh we have been posting FACTS all along. Do you think we make this stuff up? It's in the WHOLE SEC Filings. All you have to do is read it and if you don't understand it take it to an accountant or someone who does.
No one likes to admit they were scammed and aren't making money. It makes you look and feel foolish and dumb. It's understandable you want to provide for your family and yourself but YTB and MLM's in general are not the way to go.
Again, pointless to argue with you. I really feel sorry for you because there are better ways out there.
Sorry, Josh, I'm reading the graph as only including Q1-3. From dot to dot there are only 3 connection points so I'm not reading Q4 in there at all. Of course, I'm on a laptop with a 12in screen (and I'm an old dinosaur) so maybe I'm not seeing something you are.
"No one likes to admit they were scammed and aren't making money. It makes you look and feel foolish and dumb. It's understandable you want to provide for your family and yourself but YTB and MLM's in general are not the way to go. "
If you haven't been successful in an MLM and don't have what someone else wants then why should anyone listen to you?
It is just as pointless to argue with you. And yes you do make stuff up. John proved it today with his Q4 graph.
Anonymous said... "Statistics show that the majority don't make any money. Granted there are some making money but you are doing so off of the backs of other people."
That is ignorance anon.
http://www.youtube.com/watch?v=rRVGzFw0ygU
Tim Sales is a professional MLMer. What's your point?
"Tim Sales is a professional MLMer. What's your point?"
The video wasn't about him being a professional so it doesn't matter that Tim Sales is a professional MLM'r. The message is still valid. He did not start out a professional as does anyone. Just because you don't understand the business model doesn't mean it's an less valid. People tend to put down the things they don't understand because it doesn't fit with their current view point.
"Your spin here does not effect recruiting like you think it does."
Obviously, you don't understand the SEC filings or have a clue what they mean. No spin here. You and the rest of the professional mlmers will defend the business model despite all the negativity and facts because you don't want your cash cow ie recruiting to dry up. You make your money off the down line. So you spend your day here and on all your little blogs defending YTB, deflecting away from the figures and facts so that doesn't happen. Read the SEC reports or have someone that knows accounting translate it for you it's all in there.
Honestly, I don't know how you sleep at night knowing full well you took advantage of people and sold them a "dream" and took their hard earned money with false promises.
And if YTB was doing so great why did YTB's stock close at 0.34 today? IF YTB's financials were all as wonderful as you all claim the stock would be up. Of course, you all will spin that too...LOL!
Even with the market in a tailspin, YTB is showing it's true situation - if it hadn't been so low before the market started it's precipitous drop it wouldn't be in the trouble it is. Now it is close enough to being de-listed and can kiss any chance of an Amex listing goodbye.
Now I am not denying that the numbers are down, but it looks like a straight slope downward into Q4. With 6 weeks left in the 4th quarter, certainly there will be more leadership bonuses paid out indicating LESS of a slope downward from Q3 to Q4. Of course I am just eyeballing it here, but, with that said, a better point, how could you simply show a graph like this without the 4th quarter being finished?
ReplyDeleteWhat, Josh, you think that there will be a miraculous recovery in Q4?
ReplyDeleteI must admit that I wondered where the Q4 data came from for this chart and the last one too, since the quarter is not over.
ReplyDeleteAnn,
ReplyDeleteI didn't say that, but to post "results" and the quarter is only half over is what I was saying. So, even if the 2nd half of the quarter has a similar down trend of the first half, the overall quarter will end up with a lesser slope downward then depicted. It is also nice to see Steve posting here more despite his anti-ytb stance he isn't overzealous like most (from both sides) here
Josh, firemedic and the rest of the gang have been indoctrinated into the YTB system. They are never going to admit they are wrong and they are going to argue their point that YTB is the greatest thing since sliced bread until the cows go home. It is pointless to even argue or debate with them. They will never admit anything nor listen to the truth.
ReplyDeleteThe numbers are quarter to date and do not include the past week where there were NO RECIPIENTS.
ReplyDeleteSo it is not indicative of the entire quarter, but it certainly shows a trend. If half of the 4Q shows 500 recipients, it might be reasonable to think the total might be 1000 by the end of the quarter, but realistically, if you look at it on a week by week basis over the past 12 weeks, you will see that that is not likely by any stretch of the imagination.
Anon...can I call you anon?
ReplyDeleteThere is no indoctrination. I am open to discussion but the discussion should be about facts not skewed numbers.
And, the graph showing complete Q1,Q2,Q3 and incomplete Q4 is an attempt to skew numbers.
We can have a discussion about Q1-Q3 going down and there is no suprise that numbers of bonuses have been down as RTAs have been down.
One other thing, first JOhn mentioned the numbers of Q4 at 500 and if it doubled (since the quarter is less than half over as of last weeks reporting of bonuses) then the total would be a significantly less drop off from Q3 to Q4 then it was from Q2 to Q3.
ReplyDeleteAlso, I am not sure why John just made up that there were no bonuses last week. My power team leader got one.
Josh we have been posting FACTS all along. Do you think we make this stuff up? It's in the WHOLE SEC Filings. All you have to do is read it and if you don't understand it take it to an accountant or someone who does.
ReplyDeleteNo one likes to admit they were scammed and aren't making money. It makes you look and feel foolish and dumb. It's understandable you want to provide for your family and yourself but YTB and MLM's in general are not the way to go.
Again, pointless to argue with you. I really feel sorry for you because there are better ways out there.
Sorry, Josh, I'm reading the graph as only including Q1-3. From dot to dot there are only 3 connection points so I'm not reading Q4 in there at all. Of course, I'm on a laptop with a 12in screen (and I'm an old dinosaur) so maybe I'm not seeing something you are.
ReplyDelete"No one likes to admit they were scammed and aren't making money. It makes you look and feel foolish and dumb. It's understandable you want to provide for your family and yourself but YTB and MLM's in general are not the way to go. "
ReplyDeleteIf you haven't been successful in an MLM and don't have what someone else wants then why should anyone listen to you?
It is just as pointless to argue with you. And yes you do make stuff up. John proved it today with his Q4 graph.
Well, if John's graph is no good then show us the 'real' one. You do have one right?
ReplyDeleteJohn said "bonuses paid out by quarter so far this year."
So far this year.....
"If you haven't been successful in an MLM and don't have what someone else wants then why should anyone listen to you?"
ReplyDeleteStatistics show that the majority don't make any money. Granted there are some making money but you are doing so off of the backs of other people.
Why should you listen to us? Because we are not wearing rose colored glasses and seeing the facts as a threat to our recruiting efforts.
"Statistics show that the majority don't make any money. Granted there are some making money but you are doing so off of the backs of other people."
ReplyDeleteThat is ignorance anon.
http://www.youtube.com/watch?v=rRVGzFw0ygU
Anonymous said...
ReplyDelete"Statistics show that the majority don't make any money. Granted there are some making money but you are doing so off of the backs of other people."
That is ignorance anon.
http://www.youtube.com/watch?v=rRVGzFw0ygU
Tim Sales is a professional MLMer. What's your point?
"That is ignorance anon.
ReplyDeletehttp://www.youtube.com/watch?v=rRVGzFw0ygU"
Not ignorance fact. Problem is you don't want to believe it.
"Tim Sales is a professional MLMer. What's your point?"
ReplyDeleteThe video wasn't about him being a professional so it doesn't matter that Tim Sales is a professional MLM'r. The message is still valid. He did not start out a professional as does anyone. Just because you don't understand the business model doesn't mean it's an less valid. People tend to put down the things they don't understand because it doesn't fit with their current view point.
A counter argument to Tim Sales:
ReplyDeletehttp://www.falseprofits.com/MLM%20Lies.html
Even respected mlmers - not very many of those, consider YTB to be a poor choice.
ReplyDelete"People tend to put down the things they don't understand because it doesn't fit with their current view point."
ReplyDeleteAnd, people like you tend to ignore the facts when it directly impacts your recruiting.
"And, people like you tend to ignore the facts when it directly impacts your recruiting."
ReplyDeleteYour spin here does not effect recruiting like you think it does.
"A counter argument to Tim Sales:
ReplyDeletehttp://www.falseprofits.com/MLM%20Lies.html"
A counter argument to your counter argument:
http://www.youtube.com/watch?v=nXwG1NgXZFs
and:
http://www.youtube.com/watch?v=FclI8hGQgb4
"Your spin here does not effect recruiting like you think it does."
ReplyDeleteObviously, you don't understand the SEC filings or have a clue what they mean. No spin here. You and the rest of the professional mlmers will defend the business model despite all the negativity and facts because you don't want your cash cow ie recruiting to dry up. You make your money off the down line. So you spend your day here and on all your little blogs defending YTB, deflecting away from the figures and facts so that doesn't happen. Read the SEC reports or have someone that knows accounting translate it for you it's all in there.
Honestly, I don't know how you sleep at night knowing full well you took advantage of people and sold them a "dream" and took their hard earned money with false promises.
And if YTB was doing so great why did YTB's stock close at 0.34 today? IF YTB's financials were all as wonderful as you all claim the stock would be up. Of course, you all will spin that too...LOL!
ReplyDeleteEven with the market in a tailspin, YTB is showing it's true situation - if it hadn't been so low before the market started it's precipitous drop it wouldn't be in the trouble it is. Now it is close enough to being de-listed and can kiss any chance of an Amex listing goodbye.
ReplyDelete