Monday, October 8, 2007

Is YTB Legitimate?

It's funny. When you tell someone about YTB some people will automatically say: Oh, YTB is just another one of those pyramid scams.

What's even funnier, is the person making that comment is at his 9 to 5, hoping that his vacation time will be approved, and waiting for the 15th of the month to receive his paycheck. That person is forced to work when another person tells him he has to work, trading his hours for wages- and he'll gladly give you his opinion that YTB is a scam!

Oh, wait- but YTB has to be one of those pyramid schemes right? One person gets more people, who get more people. It's a pyramid. Don't get wrapped up in the hype. Think logically.
You know what a pyramid is? It's one of the strongest structures in the world. The cheerleader at the top, isn't worried about falling, because of the solid base below. Fortune 500 companies, pyramids. US Government, pyramid. The Vatican- pyramid. One of the 7 World Wonders-pyramid.

But for some odd reason, the majority of folks blindly follow the belief that they HAVE to work their way up the pyramid, and that building down is wrong. Why is that? Doesn't everyone have the ability to be a CEO? Well, maybe not everyone, but most do. The problem is, the majority of folks aren't willing to do what it takes to get there.

Many people want an income guarantee. And they think that their J-O-B provides them with that more so than YTB or another home-based business. Your income from your job isn't truly dependent upon you, but instead, on your employer.

Sure, you need to do some work to ensure that you keep your job, but all things being equal...If your employer crumbles, and it can happen, ask the folks at Enron- you're on your own. If your employer decides to go towards automating their systems--you're on your own. If your employer finds cheaper labor elsewhere- you're on your own.

Still think you've got an income guarantee at your job?

Actually your job does offer you one guaranteee, and that is:
You will NEVER make more money than your boss, muchless the CEO or President of your company

If you have surfed the Internet you KNOW that people are making a killing online, but STILL people say that online businesses are a scam.


Because apparently if you have to pay money to make money, it is automatically a scam. Have you ever stopped to think about what that means? If you did, you would realize just how ridiculous that "advice" is.

I have worked with people who are starting their businesses. I've also worked with people who were filing bankruptcy when their businesses failed. Do you want to know what kind of money it takes to start a business? Let's see....

You'll need start-up capital: $100,000 to $500,000.

You'll need real estate, which either requires you to buy land and build, or rent space (both are costly)

There are, of course, legal fees. Which can range from $1,000 just for a simple corporate formation document to $100,000+ for complex partnerships. Not to mention, you'll need your attorney to draft and review contracts with vendors or other business partners, review your lease agreement or sales agreement, etc.

You'll likely have insurance costs. Licensing fees, Bonding fees

Then you'll want to advertise your business, so there are printing costs, advertising agency fees, etc.

At the end of the day, it can take you three to five years or more before you actually make a profit. And of course, you will be spending 80-100 hours per week building your business.
And sadly, after putting in all of that time building your business, your business may never become profitable. Or worse, your business may fail.

Unfortunately, most just can't walk away and say "oh well". I know this because of the many people I've worked with who have been financially ruined by a bad business venture.
Knowing all of this, and the fact that the US Small Business Administration estimates that 50% of all small businesses fail in the first year, it is incredible to me that people still want to say that paying $450 initially and $50/month to start and maintain a fully functional travel business is a scam. Hopefully, you are no longer one of those people.

Want to know my experience with YTB? In my first few months with YTB, I pretty much focused on telling my friends and family about my travel website. I made travel commissions with YTB in my first month! Best of all, a few months later, I recieved a much larger refund check from the government because of all of the business deductions I was able to take advantage of with my new business. Together, these two things made me more money than the initial sign up fee.

Not only that, last month I went on a trip and saved money on a hotel because of my YTB referring travel agent(RTA) status. The money I saved was more than my monthly web hosting fee. So, I had a little extra cash in my pocket thanks to my business. Throw in the commissions for building the business, and you can see why YTB is a legitimate business opportunity.
Your Travel Biz is no scam. The majority of failures in this business, and any business, are a direct result of people being unwilling to put in the necessary time, effort, and yes, money to build their business. YTB is not a J-O-B. YTB is a business. If you treat it as such, the possibilities are endless. And unlike your 9 to 5, this business can set you financially free!


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