October 25th, 2010 
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Vent Sub Two
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In the search for a means of additional income, many people look to the $7 Trillion travel industry. After all, many of these same people have long since fired their travel agent and opted to book their flights, hotels, cruises, car rentals and even excursions online themselves. It saves time, money and can be done much more easily and conveniently than booking through an agency. It's no wonder that there are a several travel business opportunities popping up online. But what should you look for? What should you avoid? Here's an overview of 2 major players in this $7 Trillion game.
YTB as founded in February, 2001 - making it almost 8 years old. World Ventures is almost 3 years old, having been founded in December 2005. In its first 2 years of business, YTB recruited 2,000 RTAs (Referring Travel Agents) and stands at about 80,000 agents today, as compared to World Ventures 52,000 LTCs (Leisure Travel Consultants) recruited in its first 2 years. TYB's product line consists of a membership type which creates retail sales revenue, pre-negotiated trips at wholesale for it's reps and offers a multi-level aspect and another membership type created for non-profits who use the product for bulk travel. An example of this is a youth sports league that has its members traveling to play in different cities every few months. Similarly, World Ventures has 2 product lines - one membership which creates retail sales revenue and the other membership provides pre-negotiated "dream trips" at wholesale price. (More about product details in part 2 of this 3 part article).
As far as ownership status, YTB is publicly traded, listed on the Pink Sheets as opposed to a stock exchange. The Pink Sheets are a quotation service that does not require companies to register with the Securities and Exchange Commission (SEC) or to remain current in their periodic filings. By contrast, World Ventures is privately held by its founders. The 2 main reasons for a company to go public is a need for either an exit strategy or additional operating capital for growth. World Ventures founders state they are not interested in the first and have no need for the latter.
This installment is only a general company overview comparing YTB and World Ventures. There is a huge potential to create a substantial income online in the travel industry. But to make the correct choice for your needs, the 2 main points for comparison are product and compensation plan. Each of those two subjects will be covered in part 2 and 3 of this article. Stay tuned!
Lynette M. Domingo
CA Department of Real Estate Broker
CA Department of Insurance Broker-Agent
Nationally Certified Fitness Instructor
Health & Wellness Advocate
Entrepreneur, Coach & Mentor
Oops - I'm SO SORRY! I REALLY tried to find what you wanted but came up empty. CLICK HERE to try it yourself.
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