| Comment Number: | 522418-04779 |
| Received: | 6/28/2006 11:35:55 AM |
| Organization: | Quixtar |
| Commenter: | Paige Rosen |
| State: | WA |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
We have been Quixtar IBOs since 1999. We reached the Platinum level last year and have recently become Rubies with bonus checks over $10k. Our line of sponsorship, grounded in World Wide Group (WWG), has invested a lot of time ensuring our personal success. I have never met a group of people so willing to teach what they know to improve the lives of others. We have found that if potential business partners are not educated from the start on what it takes to be successful, they will not understand the big picture and will quit. Therefore, we ensure that even if they do not ask the questions, we still volunteer the answers. It costs about $125 to start up and $200 to grow a business per month. If someone decides they do not want to be involved shortly after registering, Quixtar will actually refund their money, and anything they don't, my husband and I decided to refund so there is not a "bad taste" in anyone's mouth. Quixtar is growing by leaps and bounds right now, and it is common for people in their first few weeks to register 10+ business partners. We have found that the most intensive sponsoring happens when people first get involved. Requiring a 7 day waiting period could set a bad standard for a new person's success because it would affect that explosive new growth that really launches a business. Different organizations within Quixtar teach different methods of building a business. To refer a prospect to someone outside of WWG would cause intense confusion. Additionally, I would not want a prospect of someone else to be calling me--that would be taking time away from my business and my family to assist someone I am not involved with. Prospects typically have the opportunity to meet others involved in Quixtar when they go to meetings or sit down for a Q&A session. The litigation case rule is without merit. To list all lawsuits against any IBO and Quixtar would be impossible. When you consider that I would be listing IBOs I have never known, and never will know, as part of my information to prospects I just don't see how it is applicable. I currently tell my prospects to contact the WA ST Atty General's office and the BBB if they are wondering how the business is looked at by customers and other prospects. I would rather have them go to those types of sources than a potentially bogus lawsuit against an IBO in VA. When we talk about the average income, we use the numbers given on the SA4400. When I apply for a job, they do not ask to see my financial statement, nor do they show me theirs. We prepare them for the financial investment quite well, and if asked, we will show them a copy of our most recent bonus check, but we do not volunteer that information. For someone just starting out, it may take them 6 months before they start building their business and their bonus checks may still be small. Bottom line, this is performance based and I would not want to have someone's decision about their success based on the work habit of their sponsor. We have been taught to live below our means, and given the financial vehicle to pay off our debt and upgrade our lifestyle. We feel it is our responsibility to pass this information on to as many qualified people as possible. Limiting the sponsorship success by restricting when someone can get started, by including all lawsuits, and by forcing an IBO to disclose a financial statement is detrimental to the prospect by offering only negatives. Our goal is never to sugar coat anything, and we tell people exactly what they need to do to be successful. We would not benefit in any way be being deceitful, as they would figure it out quickly and it would tarnish Quixtar's and World Wide Group's reputation. Thank you for considering my comments on the proposed rule. I hope I have conveyed the difficulty this would bring to building our business, and appreciate your willingness to accept feedback. Please contact me if you need any more information.