Comment Number: 522418-04466
Received: 6/26/2006 11:30:50 PM
Organization: Quixtar Independant Business Owner
Commenter: Phillip Judd
State: AZ
Subject: Business Opportunity Rule
Title: Notice of Proposed Rulemaking
CFR Citation: 16 CFR Part 437
No Attachments

Comments:

When the business was introduced to me all opportunities opened up to me both financially and time. The business was always available for my questions or concerns. The team of people I was working with was also available. The information given to me was easily accessible and open to me. When talking with people I have found that the main reason people felt that this did not work was the fact that they were not willing to work. They were also not willing to make positive changes in there lives. The people were society’s critics who try and destroy other people’s freedoms. That is who I feel has created this proposition in the first place. Some points of concern: *Sharing my personal business income and information. This is none of anyone’s business. This could also set up my business for fraud or identity theft. Especially when a vast amount of money goes through my business. I always hope people are honest but I need the right to protect my information. If I have to present this information to new prospects then employers need to present this information to new hires. *7-day waiting period. This is just dumb to make mandatory. This takes away a lot of the prospects rights in trying to grow fast and working with others. This will also slow success down for those IBO's wanting to grow there business. People should be able to choose when they want to join a business. This should also imply to employers too. What if the company has a high turn over? We as employees should have the right to think about it. *Providing references. This also allows high identity theft. It will also put my business at risk. What if my new prospect signs up with someone else? They do have that right. In an identity safe and private way we have seminars to allow the prospect to see for themselves the opportunity and its leaders from everywhere. This is what encourages success and gives the prospect the opportunity to see how powerful the business is without risking anyone’s information due to privacy. *Litigation list. This is just stupid. Every major successful company is sued by those people that are suing. If you do not like it do not sign up. To make it mandatory to show it is taking away truth. A lot of these law suits are just dumb and done by sue happy people. *History of the organization. When showing this opportunity the numbers need to be right. The reason being is no one will succeed without it being correct. Having an estimate that is close will show how much work needs to be done to have the freedom that is desired. Overall I understand this is supposed to protect the dumb people. These type of people do not do there research. There are ways to find the information out. When looking for businesses it is always available. The reason I have an issue with this is it is against my right as a business owner. The right to own businesses. My freedom of choice of my business prospects and my own. I will not give out my personal information along with anyone else’s information. References, Income references, law suites against the company, and preventing a prospect from signing up when they want to is crossing the line of businesses freedoms and the freedom of choice. Yes some American people need there hand held, but a majority of use can think for ourselves and do not want the Government deciding for us. I always feel that truth in stating income numbers is very important. The business is regulated by the FTC to ensure that the numbers are accurate and when you sign up you receive an average of what an IBO makes. I feel this is efficient information for a new prospect. To try and stand in the way of an IBO's success because people are being successful and happy about it is stupid. The government really should just let us US citizens grow up and learn to make decisions for ourselves.