Looking for a Fair Review of YTB? Check Out THE YTB.com
A combination of three operating groups namely REZconnect Technologies Inc, YTB Travel Network Inc, and YourTravelBiz.com Inc comprise of YTB International. This sucessful International company operates under the trademark of your TravelBiz, YTBnet.com Travel Network, Global Travel Network, Travel Network Vacation Central, YourTravelBiz.com, and YTBnet.com.
Those phases are
Formulation
Concentration
Momentum
YTB COMPANIES OFFER TWO UNIQUE AND POWERFUL BUSINESS OPPORTUNITIES, THAT OF A REFERRING TRAVEL AGENT OR ‘RTA’ AND THAT OF INDEPENDENT MARKETING REPRESENTATIVE OR ‘REP’. THE TRAVEL AGENT OPPORTUNITY HAS AN INITIAL FEE UNDER $500 AND A MONTHLY LICENSE FEE OF $49.95. THERE IS NO FEE OR TRAVEL AGENCY PURCHASE REQUIRED TO BE A REP. YOU MAY CHOOSE TO PARTICIPATE IN ONE OR BOTH OPPORTUNITIES."
Click Here to Learn More About This Business
An Open Letter From YTB CEO, Scott Tomer:
For the full letter Click Here
As you may have seen on our website, our auditor, UHY LLP, issued a “going concern” opinion in conjunction with their audit of our December 31, 2008 financial statements.
Some comfort can be taken from the fact that a record number of public companies were given going concern opinions by their audit firms, at least 550 so far this year. The global recession and lack of available credit due to the banking crisis pose obstacles to profitability for many companies.
In spite of the current economy, we have a real reason for optimism, and we feel that the strength of our product, our people, and our planning will result in an even stronger foundation for growth in the coming quarters. In the last two years, we have generated Net Cash Provided by Operating Activities of $19 million, which has been invested in purchases of property and equipment. In 2008 we expensed over $17 million in non-recurring expenditures. We were able to do this from our internal operating cash flow without incurring any long term debt. We believe a good portion of these expenses will support our future growth.
Few of the world’s leaders, including the U.S. government, the world’s largest financial institutions, and Wall Street, saw this financial crisis coming. Companies with worldwide name recognition have been on the verge of bankruptcy, saved only by massive government bailouts.
But let me be clear. We are not standing in line waiting for someone to bail us out. We have made tough decisions and reduced our expenses. We have planned for the tough quarters ahead, and we believe we’re ready for the challenges that lie ahead.
We are working to improve retention of our Affiliates, which should increase our cash flow. We recently introduced a savings portal available through our Affiliates that allows their customers to receive cash back at more than 600 regional and nationally known stores. We are helping them become more productive through some of the best available training in our industry.
We are working to increase sales through events like Red Carpet Days, where last Tuesday 1,550 people came to our corporate office to see first-hand what YTB is all about. And the Founders are beginning a nationwide tour to take our message of hope and opportunity to our top 20 markets. The opportunity YTB presents to people to grow a business, take control of their lives and determine their futures continues to be compelling. And it should be.
We are working to help our sales force qualify for generous bonuses and additional benefits. YTB Marketing just introduced a new Sales Director program that potentially reduces by 80% the number of sales required to qualify for monthly revenue sharing and company-paid group health insurance. This is a terrific benefit and people are really excited about it, which should enable us to recruit even more talented, hard-working Reps who embrace business challenges eagerly.
Anyone can criticize. It takes real courage to start and build a business, to ride the waves of good times and bad, and to stick to it when it is not fun, when it’s just sheer hard work. That’s what we’re doing. We’re sticking with it, riding out the storm, and we believe we’re going to come out stronger on the other side. Our existing Reps are riding it out with us. Together, we can build an even stronger, more solid foundation for growth in the coming months. Together, we can prosper.
And if we work together to meet our goals, when we come out of this together, we will look at the competitors who fell by the wayside, lend a hand to help them get back on their feet, and know that the men and women of YTB are recognized industry leaders. You are the leaders who wouldn’t say “can’t,” wouldn’t give up, and wouldn’t listen to the naysayers. You are industry leaders because of your actions. Now, let’s get to it, we’ve got a company to build!
Scott Tomer
Comments on Looking for a Fair Review of YTB? Check Out THE YTB.com
The best thing I ever did was get out of YTB. Since then I have a new host and I have had 4 calls in the last month about trips. Something I could not get with YTB seeing you cannot have contact info on your own $50 website. I have my own website and people are calling me and guess what I can keep them as clients because I know who they are. YTB has this thing about family and friends but I want a client base I don't have to know the people. I am doing better with this host that cost me nothing then with YTB that cost me $500 and $50 a month. The best thing of all I can book with all the vendors from royal caribbean to travelocity partners whatever and training is free free free. So all the YTB people on here that believes YTB is better for you if you want to do travel. The people that believe in YTB are recruiters trying to get a downline. You can join other companies like marykay or something if you want a downline. But if you are serious about travel you need to get out of YTB now. If you love the travel part and need to know more let me know. It is something better out there.
This is to Danielle obviously if you made no money in YTB you were not doing anything. One has to have a focus and obviously you were not. Seems like you were in it for the quick fix and not the long haul. Enjoy selling jewelry with no residual income. ENJOY!!!
Jenna, I am not in ANY MLM. Learning how shifty and scammy YTB is put me off them forever. Since you obviously condone lying to get recruits your just as scammy as Prewitt.
Your revered Coach is being sued by his former friends, hired workers, public relations firms, former directors AND the AG of Illinois for breach of contract and operating illegally in his home state. Smoke, probably fire.
Now go to the mall and annoy people by handing out your worthless DVDs. Tell them they can travel 'wholesale' and go broke while enriching the chief YTB scammer himself – Da Coach!
Merry Christmas!
I really didnt want to comment but I feel that I have no other choice. Some average person needs to know this. I am not a seller, and I believe in working a job to pay your bills. In other words, I am an Average American. I joined YTB 2 years ago because my JOB was not paying me enough. I did what my leaders told me to do, and I made almost $10K in my 1st year and over $10K in my second year. I guess I should bad mouth YTB because I didnt get rich, or I should bad mouth them because I still work my job…I paid $500 for my website and $50 a month to maintain it. You do the math, did I do okay? The bottom line is there will be cheaper NWM companies and one that are more expensive. If YTB didn't work for you, sorry, just move on. Bad mouthing the company only sets you up to reap what you sow, and that is negativity. Good luck to you naysayers.