Will Global Resorts Sink or Swim?

March 2, 2007 by Ty | 2 Comments

WebWire:

Home based travel business Global Resorts Network announced the company’s official launch March 1, 2007. Will the new startup home based business called Global Resorts Network sink or swim? The jury is still out.

The official launch date for Global Resorts Network had been delayed from February to March and speculation about their current health is building. Pre-launch activities that included the selling of product began in December. The announcement of the official launch coincided with price cuts to help stimulate sales. Most companies do not lower prices if products are selling well.

The overall chances for the success of Global Resorts Network are not in their favor. About 85% of all new business ventures fail to survive their first 2 years.

Global Resorts Network has a track record that goes back a little over 2 months if you count their pre-launch period, An official Global Resorts Network website that explains their “perpetual leverage” pay plan still said Global Resorts was in pre-launch even after the launch announcement was made on a conference call.

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Comments

  • james bullock on July 26th, 2007 at 6:39 am

    GRN has been around 21yrs,not 2mo as you say.The new version should be just as successful too say the least.Really,how could anyone doubt its success with 21yrs under there belt already?

  • Kim Ward on August 15th, 2007 at 12:10 pm

    Middle of August, happy to report things are going well with Global Resorts Network.

    GRN itself has not been around for 21 years,
    but the company that they have partnered with has, and has an excellent track record with the BBB!

    I do believe GRN with be around for over 2
    years because of the popularity of the product
    alone, which mentioned above has been
    selling successfully for over 21 years.

    Not too many companies can say that, that I am
    aware of, and is one of the main factors that sold me on GRN and willing to put my name behind
    it!

    Wishing you all the best Ty,

    Kim Ward

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