|Received:||6/30/2006 8:11:35 PM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:I have been an independent business owner (IBO) for nearly four years. The experience I have gained is worth more than I can imagine. I did not expect to get rich quickly, and I haven't. I did expect solid predictable results, and I have had those. Due to relationship and business skills learned through my mentors in this business opportunity, I have started two conventional businesses that are doing wonderfully and I am more successful than all my peers financially. My next goal is to help more people become successful so that they can achieve their dreams whether they be financial, helping others, or to develop themselves to be a better person. The non-financial benefits of this business far outweigh the income. The relationships I have made will be lifelong, and the things I have learned will forever be with me. When I registered, I knew I was going to be entering into a long-term business relationship with all parties involved. The only thing I didn't realize is how great of a business I was getting involved with. The integrity of all parites involved with the Quixtar business model is immpecable. Due to the great mentorship I recieved, I am able to pass along the same great opportunity to others that was offered to me in a simple, easy-to-understand manner. A simple plan will allow a simple decision. More complexities, such as the requirement to provide references and a seven day waiting period, will lead to confusion on a even greater level. To business moguls, this may not change any decision, however I talk to everyday people about making changes in their life, whether or not they've had any experience in business. A crucial step to making changes in ones life is getting started fast, and having success fast. A seven day waiting period would kill off most people chances of success to almost nothing. People aren't used to change, especially a change they have to make, so when they have to make a decision, they don't want to have to remake that same decision in seven days. Requiring a list of other IBO's in the area would be a serious problem to any newcomer in business. Would you rather get in business with someone who is successful now or someone who is just getting started? Of course you want someone who has been proven successful. What if you are the new guy? Well, you're out of luck. In a free enterprise system like the United States of America, I would certainly hope that the ability to enterprise freely would be preserved. A litigation list would be somewhat rediculous. In today's sue-happy society, there are many litigaitons which exist only because of a welfare-mentality which has permeated our society. If someone wants to find out what litigations are currently pending, they are available readily with the advent of the internet. Please realize that it is not my duty to track every time someone wants to sue because they feel as though the world owes them something. If there is a legitimate litigation, then anyone can find out about them, because it is public knowledge. I currently share an earnings average of IBO's thoughout North America as well as what people are making who I personally know. I also share what kind of work it takes to earn different levels of income and what realistic expectations should be. I dont honestly remember any of the details of when I first met with someone who showed me how the numbers worked. I remember the basics and what level it would take to achieve my goals. I don't believe that specific earnings disclosures would affect any decision made. All it would do is make for one more step to confuse the prospect. I currently disclose my income to most prospects. Some don't care and others do. If someone wants to know, I tell them. I don't feel it is always appropriate to disclose income depending on the individual situation. Therefore, I believe that it should be left up to an individual to disclose their income or not.