| Comment Number: | 522418-04604 |
| Received: | 6/27/2006 3:35:33 PM |
| Organization: | Quixtar |
| Commenter: | Mark Robinson |
| State: | MD |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I have been affiliated with Quixtar since 2002. I have had success with this program not only financially but also in my overall personal development. As a direct result of being a part of the Quixtar business program, I am a better husband, friend and citizen today. My major goal for my business is to help other people develop the lifestyle they want through the Quixtar business opportunity. The system and group of IBOs that I am a part of are top-notch business owners who have streamlined the process for new IBOs to get started. The process is the same now as it was when I joined them. The cost for me to get started was around $100-$150, which was 100% refundable for a minimum of 6 months (in most cases anytime) if I wasn’t happy for any reason. We are always up front with individuals and let them know it takes work and it is not a “get rich quick”, and we explain that for a few reasons, not to mention it is in our marketing plan what the average IBO earns per month. There is no way someone could be taken advantage of or “ripped off” because we have a buy back policy on ANY business support material and Quixtar has an amazing track record for any product issues. I do not pressure anyone to get started in business. Some people don’t get started for a few weeks and others want to get started within a few days. As always, they have all the information they need to make an educated decision on whether or not to be involved. To have a 7-day mandatory waiting period would not only inconvenience the IBO but also the prospect. We are talking about a risk free opportunity here and not buying a handgun or figuring out whether or not to sell your home and move to another country. A 7-day waiting period would severely handicap my business locally and at a distance. I think we all would like the freedom to make our own decisions, when we want to make them, especially on what could benefit our family’s future. When I am working with a prospect, I personally introduce them to several IBOs at a local meeting, (Usually the meeting has 50-100 IBOs that they can converse with.) some of them who are at the same level as myself but most of them who have had great success with the program. I think it would not only be a violation of my privacy to be listed as a “reference” for a prospect, but it would more than likely spark some curiosity about being sponsored into the business by the most successful IBO in the area. A list of references is not required due to the fact that we build our businesses as a team and our prospects meet the team before they get started. I cannot control what “bad” people do in this business anymore than a litigation list would. We have rules and the people that make it in this business follow the rules because they are right and honest rules. We give the people every bit of information we can to help them make an educated decision about this business. Pumping out negative information to someone about things that bad people did in my industry just doesn’t seem like a great way to start a business relationship. How would that work in the real estate business? Would Wal-Mart have to hand out litigation lists when you walk in the store? To provide someone with my financial statement would not only violate my personal information, but it could also handicap them. In the beginning, I didn’t make that much money and someone could have thought it didn’t work because I was not where the business plan said I should be. I had different goals than what the plan showed. It doesn’t add any benefit to the prospect to know how much I make the important thing is what they want. We show what the average monthly income is during the business plan. The numbers we show prospects are from the SA-4400. I wouldn’t want my plan to become complicated with disclosures. We give them all the information they need, and the people have the right to make up their own mind in their own time.