| Comment Number: | 522418-04996 |
| Received: | 6/29/2006 3:01:18 AM |
| Organization: | |
| Commenter: | mullen |
| State: | CA |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I have been an IBO for several years now and my personal experience has been positive. I find that if you do the work you make money , simple. Also, because of the association with a broad spectrum of professionals and non- professionals from several fields of endeaver and nationalities I have become a better person by learning to set and attain goals ,and build positive relationships in the areas of business relations ,as well as family relations even spiritual relations. I am not in favor of seven day disclosures. All prospects have a right to a refund if not satisfied and most people lose interest in anything after 7-days. Most consumers buy everything based on excitement level and given time to think the excitment always dissipates ,that's human nature. I am not in favor of listing all legal allegations. Anyone can file a law suit. I am not in favor of IBO references. When you go to work for a company , potential hirees meet with the boss and maybe the bosses boss to be selected for the position . The employee during the interview get's to see if they like the working environment as well. That's how I operate my company ,just like any other. I interview them and my Sponsor interviews them , then we select who we work with. I am looking for people eager to earn money and dont mind working for it, so I am selective. Documentation and disclosures based on track record and substantiated by an audit firm should be enough. Sales jobs make claims that can only be proven by work and is the same with my independant business. However past experience with that company and moneys that have been made, should be available to prospects on an average and some people have made type basis. All independant business owners should be able to verify their income , but not to a prospect. That's like have to show someone your paycheck who has an interest in working a job at your company and is invasion of privacy. Each person is paid on his own merit and the fact (above) that people are and have made money allows the same opportunity for anyone willing to do the work.