| Comment Number: | 522418-05546 |
| Received: | 7/1/2006 10:37:29 PM |
| Organization: | |
| Commenter: | DAVID BOWKER |
| State: | PA |
| Subject: | Business Opportunity Rule |
| Title: | Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Part 437 |
| No Attachments |
Comments:
Dear Sirs/Madams: I am greatly perplexed at your need to continually pass legislation against business opportunities/direct selling companies in the interest of protecting the public against fraudulent opportunies. The truth is that most companies of this kind out their today are legitimate and honest, reputable companies doing business with integrity and do not need policed. I am a Quixtar Independent Business Owner and was fully aware when I registered as such of all of the companies' disclosures and disclaimers. Quixtar goes to great lengths to be totally compliant with all the plethora of legal requirements imposed on them by legislators whose sole job is to think of more laws to pass because that's how they make their living. Even so, as a private business owner, I do not consent to your new proposal, especially but not limited to the following points. First, I do not wish to wait 7 days to register a new prospect. The system I access teaches us how to build our businesses quickly for maximum profitability. Within a seven day period, an independent business owner who does things right and smart could easily have 20 registered business owners in his or her business. Your proposed 7 day ruling would greatly and adversly affect the speed at which I can grow my business and make money. Moreover, I in no way wish other IBOs to be compelled to provide my personal information to their prospects. Neither do I wish to be compelled to disclose my income or the income or personal information of any other business associate! Stop the madness, I say!!! My income is between me and the IRS, and if I CHOOSE to reveal or disclose my personal income or information it is because it is MY decision, not yours. Your proposed legislation places great and unnecessary burdens upon private business owners. It is not my place to disclose litigation or law suits to potential prospects. If you want that done, do it yourselves; but leave me free with my time and money to build my business and create income for my family. People are skeptical by nature, which makes the direct selling industry/network marketing opportunities hard enough to recruit people. I, for one, do not need some legislator who isn't himself in the industry, making it more challenging for me to pursue my goals and dreams through a networking opportunity. Companies like Quixtar have a reputation for excellence and have the highest standards of integrity. Why should they be subjected to your whims? The laws you pass will affect hundreds of thousands, if not millions, of private business owners who are doing things right. Sure, there may be a few organizations or companies who are doing things wrong, but these are the exceptions and not the norm. Besides that if someone who is checking out a business opportunity doesn't have the common sense to do his or her due diligence to get the facts before getting in business, then let the buyer beware. They got what they deserved. More laws won't protect the ignorant and only serve to hinder the educated. In the end, both the fool and the wise man will end up with what the respectively deserve. Do you really think that companies doing things wrong, fraudulently, or illegally will care about your laws? They will simply ignore them, while the people and companies out there who are legitimate will be burdened by the crushing weight of your myriad of laws. Also, I should point out that I am also a distributor for another company called Jerky Direct. They, too, are a stellar company doing things right. In short, I am requesting that any laws you may pass will not be passed as a result of a witchhunt for bad network marketing/direct selling companies. If someone is dishonest and is going to misrepresent themselves or their company, then all your legislation won't stop it. You can't legislate morality, honor, and integrity into people or companies, so you might want to stop trying. Focus on the few who are doing things wrong and leave the rest alone.