| Comment Number: | 522418-05151 |
| Received: | 6/29/2006 8:26:19 PM |
| Organization: | Mack Enterprises |
| Commenter: | John Mack |
| State: | ND |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
My wife and I have been involved with Amway, now Quixtar for 14 years. We have been able to earn enough money to bring my wife home from a job, start another business and buy a home. This business starts with showing how duplication, honesty and excitement work to achieve goals and dreams, with the 7day waiting period, you would eleminate that excitement and lower the chances of helping people achieve their successes. If you are going to want them to see all the negatives regarding a company, then you should also require all stores including Walmart to have flyers sent to all the public regarding their law suites, Oh and ask yourself if you saw all the negatives regarding investments you were interested in, would you really invest? By giving names and information to the prospects, this first violates the privacy laws and second, if the prospect knew someone on the names list, they are likely to go into business with them and not the person sharing the opportunity. Would you be willing to show your personal income and expenses to somebody interested in doing what you do? People's finances are personal information and we all handle our monies differently, nobody's in the same mind set to be successful in any business, it takes time to grow into any new journey. I'm also a delivery contract driver for major delivery company. On average at least 1/4 of my packages are from multilevel companies (MLM's), by you implimenting these rules, you will not only distroy the employees at companies like Quixtar, the IBO's affilated with Quixtar, you will also cripple the internet businesses and delivery companies that contract with these MLM companies. We understand their are other MLM's that have caused concerns with the FTC, wouldn't it be better suited to go after these companies that haven't been approved by the FTC, verses blanketing the whole industry as guilty. This country was built on people building businesses, providing for their families and making a difference. Not everybody wants a job and some don't have the knowledge and capital to start a traditional brick and mortar business.