No Need For The Sunday Comics

YTB revealed all sorts of information to their TSOs on their weekly one sided conference call.

1. Effective March 1, 2009, there will be an RTA Stock Option Program (OMG--you mean an opportunity to earn the valuable YTBLA? I wonder what needs to be done to earn the options and exercise them? Guess we will need to wait till the SEC filing to know.)
2. Coach advised everyone that YTB is an anomaly in the travel business. No one can understand how they get 20,000 people to pay to go to their convention when the traditional travel agents pay for their members to attend. (Dammit, my copy of this announcement must have got hung up in my spam folder.)
3. Every meeting the travel industry starts with the words "YTB". (Coach needs to go to a real travel meeting)
4. At these meetings, the main topic of discussion is how YTB was able to put that many brick and mortar agencies out of business.(Good question fantasy. But Scott says they are not competing with brick and mortar. Hmm.)
5. All of the travel companies are laying off people left and right. YTB is going after these people to bring them into our company.(Well, there have been some layoffs, but usually they are the dead wood in an organization--good growth plan there Coach...hire more deadwood.)
6. By 2020, YTB will "own" the travel industry. (Seems like he just pushed a goal back by a decade. How is that "billion in travel sold in 2008" coming along?)
7. YTB had the most successful Red Carpet Day last week with almost a thousand people there. (But later he said that 600 of them were Directors and Coach's Corner Members, so how many potential recruits were actually there? Ask Kim. No wait that will never work, he doesn't know how many RTAs he has.)
8. In 2020, YTB will "own" the distribution system on the Internet. (I imagine it was all he could do to stop from breaking out in him Dr. Evil voice).
9. At the Directors and Coach's Corner meeting they planned to break out in 20 groups of 20 (see the theme here..2020) but because they had so many it was 20 groups of 30 to discuss how these people want to see YTB become the owner of the distribution system in 2020. (Well, first of all, invite the right number of people and learn how to do math. But why are you asking these people? The only thing they know how to do is recruit and point to the website. Some may know how to install stereos as well.)
   
10. YTB's cash position has never been better. We have millions.(We will need to wait and see on that one; but I hope it is at least $125 million.)
11. YTB is growing so fast right now that in the future, YTB will be studied at Harvard Law School. (Oops, now that's a Freudian slip if I ever heard one. And he is probably right.)
12. YTB does not sell travel, cars, and flowers. YTB sells hope and opportunity. The hope for a better day and the opportunity that a business will be there for them, YTB has that. (Till Jerry is done with them. And what about the meat, the clothing, and all the other stuff you sell?)
13. You HAVE to have 7 to 10 friends or relatives that NEED what YTB offers and you need to get recruiting like crazy. (There he goes again, recruit alienate all your friends and relatives so Coach can get his money.)
14. Coach wants to help everyone on the call be one of the 10,000 millionaires he will create but he cannot do it without each of you recruiting 7-10 people that need hope and opportunity. (Let's see, 10,000 people times 7 to 10 people, each at $500 and $50 a month..oops that is not nearly enough to make 10,000 millionaires, but that's OK, math is not the RTA's strong point, they will never figure it out.)
15. YTB can do more for the economy than Barack Obama's Economic Stimulus Bill. (No argument from me there. Most people will not see $104 from the bill; but they do stand a chance to earn that in YTB if they work hard and become one of the top earners. Oh and make sure your payments of $1100 are on time.)
16. When you run across someone that says they cannot afford YTB, how do you think that makes them feel? In this economy, it is the perfect time to join YTB--they need hope and opportunity and you can give it to them. (Coach, here's an idea, why not include a large jar of Vaseline when people sign up to recruit for you. It will make it that much less painful and you can find it in Aisle 19. And, you probably can earn a decent commission on that from your HUGE Aisle 19 downline.)
17. People are looking for hope, opportunity, trust, and something to believe in. YTB is it. (Somehow I think many will disagree with you--Ted Lindauer, Jerry Brown, the BBB, and the members of the Class Action.)
18. YTB's finances are built so solidly for the long run that it will be here for you, your kids, and your kids' kids. (Wow, with that many people involved, just how do you do that on $600K in cash according to your last SEC filing?)
    

What was amusing about this call, is that Coach kept referring to himself in the third person. Coach said this and Coach did that. Kind of interesting. I know that some folks will say I am exaggerating the contents of this call. But I encourage everyone to take a listen at one time. They are all essentially the same. Every Saturday at 12 noon Eastern you can call 641-594-7505 and then when prompted, enter 601340# to be connected. They are only a half hour and typically have a bunch of commercials as well, but these calls are almost as amusing as the Sunday comics.

I had an interesting email exchange from a current TSO after the call. He had a very good question. Instead of making 10,000 millionaires; why not make it the goal to make ALL of the people financially self sufficient? Wow, now there is a concept that will never cross their mind! 10,000 millionaires out of their potential base of 305,000 is only 3%. Well, that seems about right. BINGO--YTB only cares about the top 3% of their participants!

And yes, it appears that Doug is still so close to being a Director he can taste it! Personally I think it might be a bad batch of Kool Aid in Aisle 19 that is leaving an aftertaste! But hey, it's only been four years!