Comment Number: 522418-05565
Received: 7/2/2006 1:38:59 AM
Organization: Quixtar, Inc.
Commenter: Marcus Parsons
State: WV
Subject: Business Opportunity Rule
Title: Notice of Proposed Rulemaking
CFR Citation: 16 CFR Part 437
No Attachments

Comments:

I've been an Independent Business Owner (IBO) with Quixtar for almost two months now. The income that I have received has been good; however, there are other benefits, as well. My team and I have made it our mission to be of great service in other people's lives. When I was registered to Quixtar, I was provided a wealth of information. In fact, in the class that is set up in Charleston, WV, the speaker went over alot of information that steered me towards this opportunity, and I am very, very thankful for that. I have made it clear to my sponsored IBOs as well as any prospects that this opportunity is not a "get-rich-quick" plan. There is hard work involved. On every CD through LTD, a partner company, it is mentioned at the end that there is no guarantee that one will be successful in this venture because it is based on the amount of work put into it. If a prospect had to wait seven days before being able to register, then everyone's business would slow down tremendously. There would also have to be a large scale change in many of the information packets our prospects are provided with. This is a crippling factor for our business. Prospects are already provided with a wealth of knowledge about our business before entering. Prospects are also given plenty of time to think over registering. Never once have I seen another IBO force a prospect into registering which is what the 7-day rule seems to be implying, although ambiguously. Before new IBOs register, they also meet with many other IBOs that share with prospects their experiences, successes, and failures. I knew before I started that the man who sponsored me had failed many times just to get one success. This is a part of life that I have come to terms with several years ago. I believe it would not be fair at all to make a list of IBOs in the area. First of all, prospects meet with many other IBOs before they are even entered into the system, as stated previously. Secondly, there is a risk that the prospect will register with another IBO instead of myself which could very well cripple my business. Thirdly, I feel that my own privacy would be invaded in such a matter. I do not like the idea of complete strangers having my personal information at their disposal. As for asking for a "litigation list", there are an enormous amount of IBOs in this nation. I honestly have no clue as to exactly how many there are. There is no way one could compile a litigation list of every single IBO. The financial substantiation rule is perfectly fine with me. In every class, the speaker goes over during the presentation approximately what the first check will look like, which is $7.50. I can say that I made thirty dollars over that in my first month, so I would be happy to provide financial substantiation to any prospect. Thank you for your time, Marcus Parsons