| Comment Number: | 522418-05327 |
| Received: | 6/30/2006 5:20:20 PM |
| Organization: | Hebert Enterprise |
| Commenter: | Oscar Hebert |
| State: | NC |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
I personally do not agree with this proposal. I do feel that there are many scams and fraudulent "companies" out there, but this will harm us more than help us in the Quixtar organization. We are indeed a solid and legitimate company that has nothing to hide, however it should not be our responsibility to provide this extra information to every individual prospect. The success and profitability of a Quixtar IBO is very real but varies with each person based on ambition, determination, and coachability. With keeping that in mind, we should not be required to show our personal pay-stubs to prospects to show them our legitimacy because their results can and may vary. I feel that also as a newer IBO like myself and many others across this great country and the world, this would seriously hurt business. If new IBO's are required to show pay-stubs to prospects, as a new IBO you have not made any significant money yet, so could potentially push away prospects. We all know that Wal-Mart is a legitimate company, yet you can not go to their store and ask an employee to see his check before you work for them. Their company policy is not to discuss salaries, so does the FTC intend to implement this rule to traditional businesses as well? It would only be fair! Yes, I do appreciate the FTC's intentions to protect business minded individuals. This however, is a responsibility of the entrepenuer to take due dilligence and research prior to any financial commitments. Sincerely, Oscar (Tiger) Hebert