| Comment Number: | 522418-05123 |
| Received: | 6/29/2006 6:22:52 PM |
| Organization: | TEAM |
| Commenter: | David Volpe |
| State: | OH |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
My experience in being involved with Quixtar (3 years) has only been positive. Being a sales manager and trainer for 20 years, I have NOT seen a more honest and forthright approach of bringing a great opportunity to many people. The requests and demands that you are proposing are not only cumbersome and costly. This business is unique in some ways to other businesses, but it is in many ways like all businesses in America. If you were to saddle a normal sales organization with these kind of requirements you would be effectively putting most companies in the US out of business. There are far many other "real scams" out there that over promise and deliver little and for a lot more money than what an individual will pay to get started in what I consider the best opportunity around. This for many entrepreneurs, who is seeking to make the American dream a reality for their family, is a low cost, high return business and the best program out there. I feel that every attempt is made to educate a prospect to the fullest, before they decide to become part of our organization. I have experienced personally every encouragement for people to research the organization BEFORE they get involved. Even refusing to "write them up" until the sponsor feels very comfortable that the pertinent facts have been made clear. However, I am not naive enough to think for a second that you can know everything about any business until you have personally been involved in making a business work. In 20 years of dealing with traditional business owners, there is a big gap between the theroy and the reality of owning and working a business. Remember, that 90% of brick and mortar business are out of business within the first 5 years, and while investing 100's of thousands of dollars for the privilege. As far as disclosure of personal income would be like me asking the owner of my company to tell me how much he makes personally and then assume that I would make as much as him if I decide to take the job. I have found the "how much money do you make?" does not indicate anything about what the prospective business owner may or may not do in his business. I have some sales people making 200k a year and some that are not making 12k a year in a traditional sales business. We have the same opportunity for both, because we have no restrictions on territory or clients. And we point to the successes and say this is what is possible if you do the work, it is the same with Quixtar. People will make as much or as little as they see and believe they can and are willing to work for...no amount of legislation will change this. It will however limit their chances of success, by busying them with roadblocks that will discourage people to even give it a try. Entrepreneur, means "risk taker” without risk there should be no reward. You have to bet in order to win. The government's role is not to prevent free enterprise under the guise of protecting everyone from everything, especially something that is legal, moral and ethical. I oppose the current proposition. if the supporters of this proposition would put half as much energy in building a business in America, they would be encouraging people to get involved in Quixtar.