| Comment Number: | 522418-04719 |
| Received: | 6/28/2006 2:32:53 AM |
| Organization: | D.M Brown & Associates |
| Commenter: | Dave Brown |
| State: | CA |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
To Whom it may concern: Of the proposed rules you are contemplating, while the intent is clear, the resulting effect would be to substantially cripple those of us who are currently building a legitimate business. We are currently Quixtar/Amway IBO's who have had gross earnings of over 100k for probably the past 10 years. There is a reason why some people are successful in this business and others aren't, and it has nothing to do with legislation. It is for the same reason that exercise equipment will be on sale at garage sales all over the U.S.-Not because exercise equipment doesn't work, but rather because people are people and no matter how good the equipment might be, if people do not use it regularly in the way it was designed, the results will not appear. Exactly as in this business. This is a business. There are no guarantees in any business. This is not like a government job where you get paid whether you do any thing or not - even if what you do is counter productive. Thank God we still live in a land of free enterprise, where you can take a chance and have an opportunity to win big - or fail, at least still, based on your (mine) own work ethic. What benefit is a 7 day waiting period for someone new. I get absolutely NO compensation for signing someone up, so why should I pressure them. I only make money when I help them make money FIRST; and my compensation does not come out of their pocket. Secondly they have a 100% money back guarantee on registration costs.Millions of dollars? Thousands of dollars? Hundreds of dollars? No, less than $100. Waiting period? What's the point? Where is the risk? Provide references? We encourage people to get around the successful people at all functions, but to REQUIRE that we give them a list of other people? I am more than happy to talk with any one about our business, but I don,t want to be on some list and have people calling me unsolicited. I do like to control some aspects of my personal privacy and this would open up all kinds of craziness. The rule is "common sense". List all pending litigation? Are you serious?. How do I know what current litigation is pending? Even if I did, why should I have to be put in the same category as some bozo that just happens to be a Quixtar IBO also. Just because some Catholic Priests are pedophiles, does that mean they all are guilty, or have to offer a disclaimer before giving Communion. Does Walmart have to discuss all pending litigation with all of their prospective employees before they even offer them a job? ADDTIONAL income disclosures? To do what? Most people who start any business, do not get rich - just like Quixtar. If I open up a dry cleaners, are there income disclosures? When I enrolled in college, how come no disclosures on how many people have flunked out and the "average" income of the graduates. Get real please. Requiring substantiation of personal income with Quixtar. We ALL have the same compensation plan - period. One of the great benefits of being a Quixtar IBO is that in the long run, it doesn't matter what my income is or isn't. It has absolutely no relevance on a new person's potential to make money. That is why we make more money than some of the people who brought us in. We see the same lesson shown in athletics, it's not the size of the dog in the fight, but the size of the fight in the dog. No one would like to see these "fly by night, just like Quixtar, only better" companies shut down more than those of us who are participating in what might truely be the last bastion of free enterprise in the U.S. Not just because they are dishonest and unethical, but also because they muddy up the water for good people who are looking for a legitimate opportunity for their family.