|Received:||7/1/2006 11:42:54 AM|
|Subject:||Business Opportunity Rule|
|Title:||Notice of Proposed Rulemaking|
|CFR Citation:||16 CFR Part 437|
Comments:I have read the proposed ftc rule and feel its spirit has merit. I would like to express concerns over 3 points. 1. Seven day waiting period is a deterent to growth. This is not a gun license. I saw this opportunity and was ready to get started in business right then. The ftc does not have the right to tell me I have to wait to go into business. This is America and I should have the freedom to start a business when ever I want. 2. References are not needed to make a decesion. I was not looking for overinformation when I saw Quixtar. This complicates the decesion making process. The one-on-one relationship is what is important. 3. Income earned information is an invasion of privacy. The income earned information for the average IBO is enough. How can I have any credibility when I have just gotten started and have not earned any money yet. Most businesses take years to earn a profit. Money earned or not earned does not reflect the value of an opportunity. Is the FTC earning a profit? My traditional business is not required to share my personal income from it to add a new customer, this is no different. I have been an IBO in Quixtar for 13+ years. The decesions people make to get in or not are based on simplicity. To complicate the process would be a strike against an individual's freedom to enterprise.