| Comment Number: | 522418-04706 |
| Received: | 6/28/2006 12:48:44 AM |
| Organization: | Quixtar.com / World Wide Dream Builders |
| Commenter: | Edward Holford |
| State: | OR |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
In my experience with the quixtar business opportunity for the past 4 years is a positive one for the most part. But there are things that need to be changed. My recommendations for a rules change are from my own experiences while promoting the quixtar business plan. I believe that during my evaluation of the quixtar plan that having more statistical information available to me would have greatly influenced my level of involvement or participation with Quixtar.com. During the presentation of the opportunity to me and during subsequent months of participation, I was convinced that my financial success in quixtar would be solely determined by my work effort and by following the direction of the leaders of my organization within quixtar. What the whole truth is in fact, is that 98.7% of all business owners in quixtar north america will never see the diamond level or above regardless of your work effort. The higher money earners in this business will not tell you that but they will only tell you what they have done. Which in my opinion is a result of luck. Most of the tenured high money earners in the world wide organization have achieved their pin levels decades ago when network marketing was new and everyone was jumping into it. They will not tell you that in the last ten years only a select few have reached the diamond level or above. And as long as the world wide group has been around (30 years or so) you would think that more than 30 businesses would have reached that level. I also believe that they should have to disclose how much of their income comes from selling the support materials (tapes and cds) and convention ticket sales. I think the best avenue is that the support materials of all kinds should always be free. If they are so good that they will help the prospects business then they ultimately would help the income of the high money earners. The prospect would actually have more money to spend on recruiting his own downline group and or purchasing more products to create his own bonus check. I think that the real money in quixtar organizations is in the support materials and conventions. The high money earners all say that if you don't use the support materials that you will never reach the high pin levels but they don't disclose that when they reached the diamond level there was no support system of significance available. All in all I have been a small business owner of different businesses for the greater part of 20 years. So I was able to understand that there is huge amounts of money being made in the support materials business. If there wasn't then they wouldn't be promoting it and charging you significant amounts of money for it. I know that the high money earners make a huge amount of money from the support materials business and without it they would take a major financial hit. I feel it is deceptive to push the tapes and functions on people as if the results of using them will determine the outcome of thier financial success when the results show it will never make a significant difference in the income that they will make in this business. Your success in this business is determined on who you show it to and how well they can adapt to buying products through a different channel. It has nothing to do with buying tapes and cd's and conventions. I believe the leaders promote this with good hearted intentions but their intentions are compromised by being financially driven when they speak at these functions. In conclusion my suggestions are that all support material be either free or cost what it costs to produce such pieces of media and that all conventions entrance fees be free. If the conventions are of value to building a business the leaders who have to pay for the conventions will reap returns on their investment 10 fold through new volume from the information and teachings received. I think that prospects should be completely informed of the percentage of actual diamonds and above in the business.