|Received:||6/29/2006 10:33:01 AM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:I have now been part of the Quixtar business opportunity for about 2 years. In that time, I have had a wonderful experience because I have been around a positive group of people that represent good values and ethics. In today's society, this is very rare. The Quixtar business opportunity has allowed me to make money while working part time, and being a full time college student. It fits perfectly into my lifestyle because I am very busy, and I can fit it into my schedule where I choose. When I first registered, my sponsors were very helpful in providing me all the information I needed. I am definitely a skeptic, and initially looked over all the information and then proceeded to question them for 6 hours before making a decision. Since, my sponsers were so helpful to me, I try to provide every person I share this opportunity with all the information I can, and allow them to question me for as long as they want. I understood from the beginning, that this was not "get rich quick" and it requires work. This is what I love because I get to determine how much I want to make, based on my own ambition level. I make sure that every prospect I have knows this too, because I want them to know that it will take work and ambition. Also, any money that a prospect puts into the opportunity, they have the ability to get it back within 6 months. One issue I would discuss is the waiting period. In this opportunity you have a 6 month money back guarantee, so I don't see why a waiting period is necessary. Also, this can slow down the process of getting people started and creating success for them by sharing the opportunity to other people because they would have to wait, and every person they had interested would have to wait also. This just creates an unnecessary lapse of time. The next issue would be providing references. There is one main problem with this. The person I initially shared the opportunity with now can has access to 10 other people involved in the same opportunity. This basically provides them an opportunity to get started with someone else if they choose. However, this is not fair because I am the one that has done all the work,and I don't think it's right for someone who doesn't even know the person, other than through the reference list, to get the credit for my work. When a new IBO is getting started, they have a chance to meet other IBO's in my group along with other business teams. They have a chance to talk with anyone, whether they are associated with me or not. Therefore, they have a chance to meet more than 10 people and ask them whatever they wish. In the proposal, it doesn't cover exactly what a "seller" is defined as. Therefore, the litigation list would cover all of Quixtar and all IBO's. The cases included would also be those that have merit and no merit. Cases that have no merit just would open up a chance for false accusations, and the real point is the facts count not opinions of other people. In providing disclosures and financial information, there is a positive and negative side. While I believe it is a good idea to give people a general idea of what you've been able to make, it is also unnecessary for them to know every detail of your income. In this opportunity, it is up to them what they want to make, not us. Therefore, they may want to earn more or less money that me. However, I do provide information of what I have been able to make and how that impacts my everyday life. In the information that we have available, we do have an average monthly gross income that a Quixtar IBO makes. This does provide a degree of disclosure so prospects have an idea what the average is. I feel it would be very inappropriate to have to provide financial statements to every single person I share this opportunity with. I have to protect my own privacy, and not every person needs to know your income. I hope you take these comments into consideration.